2
  • Property Type
  • Duplex, Residential Income
  • Sqft
  • Area Size
239 E Caven Street, Indianapolis, IN 46225
  • $425,000
  • $425,000

Description

Attention investors and house hackers! Ground has just been broken on this brand-new upper/lower duplex in the highly desirable Bates-Hendricks neighborhood, just south of downtown Indianapolis. Each thoughtfully designed unit will feature an open-concept layout with a spacious living room, dining area, and kitchen, along with three bedrooms, two full baths, and a dedicated laundry room-ideal for today’s renters. Located in one of Indy’s fastest-growing areas, this property offers strong income potential, with projected rents ranging from $1,800 to $2,200 per month per unit. Estimated completion is set for late September, giving you the opportunity to secure a brand-new, low-maintenance asset before it hits the market. Whether you’re looking to expand your investment portfolio or take advantage of a house-hacking opportunity by living in one unit and renting the other, this property checks all the boxes. Enjoy walkable access to the continued growth of Bates-Hendricks and just minutes from the dining, nightlife, and energy of nearby Fountain Square.

  • Address: 239 E Caven Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46225

Details

Updated on April 28, 2026 at 5:18 pm
  • Property ID 22098184
  • Price $425,000
  • Land Area 0.08 Acres
  • Garage Size x x
  • Year Built 2026
  • Property Type Duplex, Residential Income
  • Property Status Active

Additional details

  • Roof Asphalt
  • County Marion
  • Property Type Residential Income
  • Architectural Style Traditional

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Contact Information

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Preeti Chaggar

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