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1631 Montcalm Street, Indianapolis, IN 46202

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For Sale

$425,000

0.12 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.1 acres
    Lot size

  • New Construction
    Age

Explore this Property

Turnkey New Construction Duplex in Riverside - Strong Cash Flow & Upside Unit Mix: (2) 3 bed / 2 bath; Projected Monthly Rent: $1,818 (3x2) / $3,636 Gross Monthly Total Units: 2 Step into this new construction duplex in the revitalizing Riverside neighborhood, one of Indianapolis' fastest-growing corridors for residential and mixed-use development. This turnkey asset is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Neighborhood Highlights - Located in Riverside, a historic area experiencing major revitalization, with proximity to Downtown, IUPUI, 16 Tech Innovation District, Riverside Park, and new retail/commercial projects. - Strong tenant demand driven by workforce housing, student housing, and new amenities. - Consistent rent growth projected with stable operating expenses. Why Invest Here? This duplex offers investors: 1. New construction peace of mind - minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. A prime position in a neighborhood with rising property values and planned redevelopment. Reach out to Alec Neu for more details at 3172583080
MLS# 22051358

Courtesy Of Edward L Neu DBA Neu Real Estate Group

(317) 572-9000

Property Features

  • Age
    New Construction, New Construction
  • Architecture Style
    Other
  • Lot Size
    0.12 Acres

Home seller CENTURY 21 Scheetz

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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