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Listed by Nicole Crouch • Crossroads Realty, LLC
$ 499,000
Est. payment /mo
New
227 N Hamilton AVE Indianapolis, IN 46201
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision Johnson & Hogshire
MLS Listing ID 22070516
Year Built 2025
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Designed for long-term durability and low-maintenance ownership, the property supports market rents of approximately $1,750 per unit, delivering strong projected returns with minimal effort. Prime location near downtown amenities, job centers, dining, entertainment, and major highways ensures consistent rental demand and excellent portfolio stability. Ideal for 1031 buyers and out-of-state investors seeking a high-quality new construction asset with strong cash-flow and appreciation potential in a rapidly developing area.
Location
State IN
County Marion
Interior
Heating Electric
Cooling Central Air
Fireplace N
Exterior
Exterior Feature Smart Lock(s)
Garage Spaces 1.0
Building
Story One
Structure Type Brick
New Construction true
Schools
School District Indianapolis Public Schools
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