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  • $850,000

    2421 Guilford Ave, Indianapolis, IN 46205

    8beds
    12baths
    --sqft
    : 
    $5,722/mo
    Get pre-qualified
    Multi Family, Quadruplex
    Built in 2026
    -- sqft lot
    $826,400 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern finishes
    Unbelievable Turnkey New Construction Quadplex! Strong Cash Flow & Upside Unit Mix: 2 bed/2.5 bath per unit x4 Units! Projected Monthly Rent: $1,841 (2x2.5) / $7,364 Gross Monthly Total. Units: 2 Step into this new construction townhome style quadplex in the revitalizing near eastside neighborhood, one of Indianapolis' fastest growing corridors for residential and mixed-use development. This Quad is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Neighborhood highlights - Near Northside sits immediately north of downtown Indianapolis-just minutes from Mass Ave, Fall Creek Place, and the city's business and healthcare districts. Reagan Park Neighborhood offers convenient access to I-65 and Meridian Street, connecting residents to all parts of the metro area within minutes. Near Northside is a diverse, historic, and strategically located neighborhood just north of downtown Indianapolis. Known for its deep community roots, early 20th-century architecture, and steady revitalization efforts, the area offers a blend of legacy charm and urban opportunity. 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. 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. Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team
    191 days
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    268
    |
    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Alec Neu 317-258-3080,

    Neu Real Estate Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22080153MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 12
      Appliances
      • Laundry: Connections All, Laundry Room
      Features
      • Has basement: No

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 5,662 Square Feet
      Details
      • Parcel number: 490625187186000101

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Quadruplex
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026
      Details
      • Builder name: Ipa

      Community & HOA

      Community
      • Subdivision: Reagan Park
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $30,500
      • Annual tax amount: $724
      • Date on market: 1/15/2026
      • Cumulative days on market: 193 days
      • Road surface type: Asphalt

        Estimated market value

        $826,400

        $785,000 - $868,000

        $2,267/mo

        Price history

        DateEventPrice
        1/15/2026Listed for sale$850,000+930.3%
        Source: MIBOR as distributed by MLS GRID #22080153 Report a problem
        1/8/2026Sold$82,500-2.9%
        Source: MIBOR as distributed by MLS GRID #22067587 Report a problem
        10/20/2025Pending sale$85,000
        Source: MIBOR as distributed by MLS GRID #22067587 Report a problem
        10/10/2025Listed for sale$85,000
        Source: MIBOR as distributed by MLS GRID #22067587 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$724 -14.4%$30,500
        2024$846 +443.4%$30,500
        2023$156 -6.3%$30,500 +444.6%
        2022$166 +0.2%$5,600
        2021$166 -1.7%$5,600
        2020$169 -3%$5,600
        2019$174 +12.9%$5,600
        2018$154 +5.4%$5,600
        2017$146 -13.7%$5,600
        2016$170 +40%$5,600
        2014$121 -3.6%$5,600
        2013$126 $5,600
        2012$126 $5,600
        2011-- $5,600
        2010$116 -2.5%$5,600
        2009$119 $5,600
        2007-- $5,600
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Near Northside

        Getting around

        59 / 100
        Somewhat Walkable
        43 / 100
        Some Transit
        73 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Arsenal Technical High School

        Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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