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Listed by Alec Neu • Neu Real Estate Group
$375,000
Est. payment /mo
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

© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
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