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Listed by Zachary Douglas • Canull Group LLC
$ 825,000
Est. payment /mo
New
2731 Columbia AVE Indianapolis, IN 46205
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Subdivision Schofield Harrison
MLS Listing ID 22071780
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Quadruplex
Property Description
Proposed New Construction 4-Plex | Monon Yard Introducing a brand-new 4-unit investment opportunity in the highly desirable Monon Yard neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1,395 to 1,497 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,750 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027) and close to the Monon Trail, Fall Creek Greenway, and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. ask for full specifications, construction timeline, and builder options.
Location
State IN
County Marion
Interior
Fireplace N
Building
New Construction true
Schools
School District Indianapolis Public Schools
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