1631 Montcalm Street, Indianapolis, IN 46202
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
1631 Montcalm Street,Indianapolis, IN 46202
$405,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: edward neu
Office: neu real estate group
MLS#:22080147
Source:IN_MIBOR
Price summary
- Price:$405,000
About this home
Look at this Turnkey New Construction townhome! Strong Cash Flow & Upside Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,793 (3x2) / $3,586 Gross Monthly Total. Units: 2 Step into this new construction duplex in the revitalizing Riverside neighborhood, one of Indianapolis' fastest growing corridors for residential and mixed-use development. This turnkey asset is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Riverside is located just northwest of downtown Indianapolis, bordered by the White River to the east. It offers convenient access to major roads like I-65 and I-70, making it attractive for residents commuting to downtown or nearby employment hubs. Its proximity to the 16 Tech Innovation District is part of the appeal for young professionals and investors. This neighborhood is primed for investors seeking long-term upside in emerging urban markets with strong affordability metrics and barriers to entry in nearby submarkets. Strong tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable operating expenses. Why you should 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.Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team - 7655252161....
Contact an agent
Home facts
- Year built:2026
- Listing ID #:22080147
- Added:98 day(s) ago
- Updated:April 23, 2026 at 06:28 PM
Structure and exterior
- Year built:2026
- Lot area:0.12 Acres
Schools
- High school:George Washington High School
Finances and disclosures
- Price:$405,000
New listings near 1631 Montcalm Street
- New
$225,000Active3 beds 2 baths1,020 sq. ft.4075 Byram Avenue, Indianapolis, IN 46208
MLS# 22013745Listed by: LIST4LESS DISCOUNT REALTY - New
$1,650,000Active3 beds 5 baths7,342 sq. ft.10750 Weatherly Court, Indianapolis, IN 46236
MLS# 22092468Listed by: EXP REALTY, LLC - New
$379,900Active4 beds 2 baths3,199 sq. ft.5836 N Rural Street, Indianapolis, IN 46220
MLS# 22094424Listed by: F.C. TUCKER COMPANY - New
$520,000Active3 beds 3 baths2,848 sq. ft.363 E Westfield Boulevard, Indianapolis, IN 46220
MLS# 22094999Listed by: F.C. TUCKER COMPANY - Open Fri, 4 to 6pmNew
$1,097,000Active5 beds 5 baths5,892 sq. ft.6553 Greyridge Boulevard, Indianapolis, IN 46237
MLS# 22095501Listed by: F.C. TUCKER COMPANY - New
$318,000Active2 beds 3 baths1,536 sq. ft.11331 Fonthill Drive, Indianapolis, IN 46236
MLS# 22095726Listed by: CARPENTER, REALTORS - New
$590,000Active5 beds 5 baths5,027 sq. ft.6272 Silver Moon Court, Indianapolis, IN 46259
MLS# 22095783Listed by: EAGLE POINTE REALTY - Open Sat, 12 to 2pmNew
$559,000Active5 beds 4 baths4,434 sq. ft.9827 Belcrest Lane, Indianapolis, IN 46256
MLS# 22096179Listed by: F.C. TUCKER COMPANY - Open Fri, 4 to 6pmNew
$249,000Active2 beds 2 baths827 sq. ft.5126 Ralston Avenue, Indianapolis, IN 46205
MLS# 22096247Listed by: MAYWRIGHT PROPERTY CO. - New
$279,000Active3 beds 1 baths2,232 sq. ft.6040 S High School Road, Indianapolis, IN 46221
MLS# 22096313Listed by: F.C. TUCKER COMPANY