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Listed by Daniel McNeal • @properties
$ 659,000
Est. payment /mo
New
2954 MacPherson 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 Meadland Grandview
MLS Listing ID 22074457
Tax Year 2024
Lot Size 5,662 Sqft
Acres 0.13
Property Sub-Type Quadruplex
Property Description
Brand-New 4-Unit Multifamily Building in Monon Yard - Under Construction. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. Currently under construction, this purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership. Each of the four units offers 983 square feet of well-planned living space, providing a highly rentable layout. With all units delivered new, buyers can expect reduced operating costs, minimal maintenance, and strong demand from tenants seeking modern living near one of Indy's most active redevelopment corridors. Drawings are in supplements. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, and major employment centers * Surrounded by continued investment and new residential development * Walkable and bike-friendly area with improving amenities This is a rare chance to acquire a brand-new four-unit building. Ideal for investors seeking stable long-term returns, low vacancy potential, and a property positioned for strong appreciation. This is also an excellent opportunity for an owner occupant to reside in one unit and rent the others.
Location
State IN
County Marion
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Roof Type Asphalt
Building
Story Two
Foundation Block
Architectural Style Traditional
Structure Type Wood Siding
New Construction true
Schools
School District Indianapolis Public Schools
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