Look at this Turnkey New Construction townhome! Strong Cash Flow & Upside Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,793 (3x2) / $3,586 Gross Monthly Total. Units: 2 Step into this new construction duplex in the revitalizing Riverside neighborhood, one of Indianapolis' fastest growing corridors… Read More for residential and mixed-use development. This turnkey asset is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Riverside is located just northwest of downtown Indianapolis, bordered by the White River to the east. It offers convenient access to major roads like I-65 and I-70, making it attractive for residents commuting to downtown or nearby employment hubs. Its proximity to the 16 Tech Innovation District is part of the appeal for young professionals and investors. This neighborhood is primed for investors seeking long-term upside in emerging urban markets with strong affordability metrics and barriers to entry in nearby submarkets. Strong tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable operating expenses. Why you should 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.Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team - 7655252161. Read Less
Courtesy of Neu Real Estate Group, 317-339-5874.
Listing Snapshot
Days Online
79
Last Updated
Property Type
Duplex
Lot Size
0.12 Acres
Year Built
2026
MLS Number
22080147
30 Days Snapshot Of 46202
$425k
-24%
(avg) sold price
15
+7%
homes sold
151
+43%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Levels: "Two", Year Built: 2026
Lot
Acres: 0.12, MLS Acres: <1/4 Acre
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