213 Jefferson Avenue, Indianapolis, IN 46201

$375,000

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Sold Price
$375,000
List Price
$375,000
Closing Date
Jul 24, 2026
MLS#
22070448
Days on Market
190
Status
SOLD

Property Description

Turnkey New Construction Duplex! Strong Cash Flow & Upside Unit Mix: 2 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,680 (2x2) / $3,360 Gross Monthly Total Units: 2 Step into this new construction duplex in the revitalizing near eastside neighborhood, one of Indy's 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 - Arsenal Heights is a historic and evolving neighborhood located on Indy's East side, known for its rich history, charming architecture, and growing redevelopment efforts. With a mix of legacy housing stock and infill development potential, the area is well-positioned for both cash-flowing assets and long-term appreciation. 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 with 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 our Investment team - 7655252161.

Additional Information

Expenses
6356
New Construction
Yes
Construction Stage
Permit on File, See Remarks
Est. Completion Date
2026
Stories
Two
Acres
0.13
Region
Center

Listing courtesy of Edward Neu. Neu Real Estate Group

Selling Office: Sandhu Real Estate Indiana.

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