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Listed by Alec Neu • Neu Real Estate Group
$ 475,000
Est. payment /mo
Active
2943 Macpherson AVE Indianapolis, IN 46205
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22129558
Year Built 2026
Tax Year 2025
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Duplex
Property Description
Martindale-Brightwood New-construction duplex on Indianapolis's near-northeast side, near the Monon Trail on the neighborhood's western edge. The Lexington model offers two 3-bed/2-bath units of approximately 1,296 SF each. Projected rent of $1,660 per unit is supported by 34 3-bedroom comparables within 2 miles. Pro forma: $39,840 gross potential rent, $27,920 estimated NOI at 5% vacancy and 8% management. Close to the College Ave and Central Ave corridors and the Monon16 redevelopment area. Taxes and insurance are estimates; buyer to verify. This property is broker owned.
Location
State IN
County Marion
Interior
Fireplace N
Building
New Construction true
Schools
High Schools Shortridge High School
School District Indianapolis Public Schools
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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