Modern finishesHigh-efficiency hvac systemsUpgraded trim packageStainless appliancesIn unit laundry
Purpose-built multifamily 4-plex in the heart of the Monon Yard neighborhood. Currently under construction, this brand new building is engineered for investors or house-hackers: maximizing rental performance while virtually eliminating the "CapEx" headaches of older conversions. Buyers can expect reduced operating costs, minimal maintenance, and strong demand from tenants seeking modern living near one of Indy's most active redevelopment corridors. Each of the four units features a spacious layout designed for function and style With "new everything", from high-efficiency HVAC systems to modern finishes, stainless appliances and in unit laundry. The expected completion date is mid to late June 2026. This development features one upgraded unit that could serve as an owner's suite OR mid-term rental. A side door has been added for an optional outdoor deck. It also features an upgraded trim package. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, and major employment centers * Surrounded by continued investment and new residential development * Walkable and bike-friendly area with improving amenities. This is a rare chance to acquire a brand-new four-unit building. Ideal for investors seeking stable long-term returns, low vacancy potential, and a property positioned for strong appreciation.
112 days
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25
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Zillow last checked:
Listing updated:
Listed by:
Daniel McNeal317-902-3177,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22091622
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 8
Heating
Forced Air
Cooling
Central Air
Appliances
Laundry: Connections All
Features
Has basement: No
Property
Parking
Details: Unit Parking(Unpaved)
Features
Levels: Two
Stories: 2
Lot
Size: 7,405 Square Feet
Details
Parcel number: 490625162013000101
Construction
Type & style
Home type: MultiFamily
Architectural style: Traditional
Property subtype: Multi Family, Quadruplex
Materials
Wood Siding
Foundation: Block
Roof: Asphalt
Condition
Under Construction,New Construction
New construction: Yes
Year built: 2026
Details
Builder name: Arcadia 1 Dev.
Community & HOA
Community
Subdivision: Hadleys Grandview
Location
Region: Indianapolis
Financial & listing details
Annual tax amount: $380
Date on market: 3/27/2026
Cumulative days on market: 109 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
5/5/2026
Pending sale
$739,000
Source: MIBOR as distributed by MLS GRID #22091622Report a problem
3/27/2026
Listed for sale
$739,000
Source: MIBOR as distributed by MLS GRID #22091622Report a problem
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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