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Listed by Ryan Cheek • Neu Real Estate Group
$ 410,000
Est. payment | /mo
5,227 Sqft Lot
$ 410,000
Est. payment | /mo
5,227 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Subdivision Joseph H Clarks N Capitol
MLS Listing ID 21990135
Year Built 2024
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Duplex
Property Description
I am pleased to present to market a build-to-rent duplex in Indianapolis, IN. This duplex consists of a multi-level matching three-bedroom two-bathroom floor plan. Price point for these new construction duplexes ranges from $400K-$450K, depending on the lot location and market rent (rent target $1,800-$2,000). We cover all up-front costs including the land, labor, materials, and at the closing table you are delivered a rent-ready duplex. That said, we are seeking 25% down (roughly $100K) to get the ball rolling and target a contract-to-close timeframe of approximately 120 days. All said, we have sold year-to-date 22 Build-to-Rent duplexes and are continuing to close lots for future development. I look forward to connecting and discussing this opportunity with you further. The builderis a merchant builder throughout the downtown and greater Indianapolis region specializing in build-to-rent multifamily in infill lots throughout the city for new and seasoned investors. To learn more
Location
State IN
County Marion
Zoning D5
Interior
Fireplace N
Building
New Construction true
Schools
School District Indianapolis Public Schools
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