Indianapolis, IN 46202,1631 Montcalm ST
Indianapolis, IN 46202,1631 Montcalm ST
Indianapolis, IN 46202,1631 Montcalm ST
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Listed by Edward Neu • Neu Real Estate Group
$425,000
Est. payment /mo
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5,227 Sqft Lot
New

1631 Montcalm ST Indianapolis, IN 46202

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Karime Michelle Gonzalez

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Stouts Indiana Ave

MLS Listing ID 22051358

Year Built 2025

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Duplex

Property Description

Turnkey New Construction Duplex in Riverside - Strong Cash Flow & Upside Unit Mix: (2) 3 bed / 2 bath + (2) 6 bed / 4 bath Projected Monthly Rent: $1,818 (3x2) / $3,636 (6x4) 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

Location

State IN

County Marion

Interior

Fireplace N

Building

Story Two

New Construction true

Schools

School District Indianapolis Public Schools


MIBOR MLS
agent
Karime Michelle Gonzalez

Broker | License ID: 20000346

+1(317) 798-7733 | karimemichelle@epique.me

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1631 Montcalm ST