Skip main navigation
Pending
  • $679,000

    2910 Macpherson Ave, Indianapolis, IN 46205

    8beds
    8baths
    --sqft
    : 
    Loading
    Get pre-qualified
    Multi Family, Quadruplex
    Built in 2026
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Modern living
    Brand-New 4-Unit Multifamily Quadplex in Monon Yard - in the permit stage. Construction will begin in June. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. This purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership. Each of the four units offers 983 square feet of well-planned living space, providing a highly rentable layout. With all units delivered new, 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. Drawings are in supplements. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, IU Health 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. This is also an excellent opportunity for an owner occupant to reside in one unit and rent the others.
    25 days
    |
    258
    |
    20
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel McNeal 317-902-3177,

    @properties

    Source: MIBOR as distributed by MLS GRID,MLS#: 22107322MLS Logo

      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: 5,662 Square Feet
      Details
      • Parcel number: 490730109023000101

      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: Meadland Grandview
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $26,300
      • Annual tax amount: $624
      • Date on market: 6/11/2026
      • Cumulative days on market: 24 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/22/2026Pending sale$679,000
        Source: MIBOR as distributed by MLS GRID #22107322 Report a problem
        6/11/2026Listed for sale$679,000+748.8%
        Source: MIBOR as distributed by MLS GRID #22107322 Report a problem
        1/9/2026Sold$80,000+400%
        Source: Public Record Report a problem
        9/14/2018Sold$16,000-13.5%
        Source: MIBOR as distributed by MLS GRID #21549760 Report a problem
        8/30/2018Pending sale$18,500
        Source: GB Landrigan & Company #21549760 Report a problem
        7/5/2018Listed for sale$18,500
        Source: GB Landrigan & Company #21549760 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$624 -14.5%$26,300
        2024$730 +496.3%$26,300
        2023$122 -6.3%$26,300 +497.7%
        2022$131 +0.2%$4,400
        2021$130 -1.7%$4,400
        2020$133 -3%$4,400
        2019$137 +12.9%$4,400
        2018$121 +5.4%$4,400
        2017$115 -13.7%$4,400
        2016$133 +40%$4,400
        2014$95 -3.6%$4,400
        2013$99 $4,400
        2012$99 $4,400 -38%
        2011-- $7,100
        2010$148 -2.5%$7,100
        2009$151 $7,100
        2007-- $7,100

        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: Martindale-Brightwood

        Getting around

        37 / 100
        Car-Dependent
        42 / 100
        Some Transit
        72 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel