Unbelievable Turnkey New Construction 4-plex! 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
Pending
$850,000
2421 Guilford Ave, Indianapolis, IN 46205
8beds
12baths
--sqft
Multi Family, Quadruplex
Built in 2026
-- sqft lot
$822,700 Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishesMinimal maintenance
- 238 days
- 53
- 3
Zillow last checked:
Listing updated:
Listed by:
Alec Neu 317-258-3080,
Neu Real Estate Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22080153
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: 238 days
- Road surface type: Asphalt
Estimated market value
$822,700
$782,000 - $864,000
$2,013/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Pending sale | $850,000 |
Source: | ||
| 1/15/2026 | Listed for sale | $850,000+930.3% |
Source: | ||
| 1/8/2026 | Sold | $82,500-2.9% |
Source: | ||
| 10/20/2025 | Pending sale | $85,000 |
Source: | ||
| 10/10/2025 | Listed for sale | $85,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: Near Northside
Nearby schools
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.





