17 W Arizona ST, Indianapolis, IN 46225
17 W Arizona ST, Indianapolis, IN 46225
17 W Arizona ST, Indianapolis, IN 46225
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Listed by Alec Neu • Neu Real Estate Group
$375,000
Est. payment /mo
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3,484 Sqft Lot
Active

17 W Arizona ST Indianapolis, IN 46225

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision No Subdivision

MLS Listing ID 22128844

Year Built 2026

Tax Year 2025

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Duplex

Property Description

House Hackers, Investors, Live in one and let the other pay your mortgage. Brand New-construction duplex opportunity in the historic Concord neighborhood on Indianapolis's Near Southside, about 0.8 miles from Lucas Oil Stadium and the Wholesale District. The Marion model offers two 2-bed/2-bath units of approximately 980 SF each. Projected rent of $1,950 per unit is supported by 25 nearby 2-bedroom comparables with a median rent of $1,950. Pro forma: $46,800 gross potential rent, $35,203 estimated NOI at 5% vacancy and 8% management. Quick access to downtown via the S Meridian corridor, with Fletcher Place, Fountain Square, and Bates-Hendricks close by. Taxes and insurance are estimates; buyer to verify. This property is broker owned.

Location

State IN

County Marion

Interior

Fireplace N

Building

New Construction true

Schools

High Schools Arsenal Technical High School

School District Indianapolis Public Schools


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NEARBY SCHOOL & BUSINESS

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Audri McGrane

Audri McGrane

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17 W Arizona ST