1631 Montcalm Street, Indianapolis, IN 46202
- $425,000
- $425,000
- $425,000
- $425,000
Description
Turnkey New Construction Duplex in Riverside – Strong Cash Flow & Upside Unit Mix: (2) 3 bed / 2 bath; Projected Monthly Rent: $1,818 (3×2) / $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
Address
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Address: 1631 Montcalm Street
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City: Indianapolis
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State/county: IN
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Zip/Postal Code: 46202
Details
Updated on January 2, 2026 at 6:06 am-
Property ID 22051358
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Price $425,000
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Land Area 0.12 Acres
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Garage Size x x
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Year Built 2025
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Property Type Duplex, Residential Income
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Property Status Expired
Additional details
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County Marion
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Property Type Residential Income
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