227 N Hamilton Avenue, Indianapolis, IN 46201

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
227 N Hamilton Avenue,Indianapolis, IN 46201
$499,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: nicole crouch, matthew crouch
Office: crossroads realty, llc.
MLS#:22070516
Source:IN_MIBOR

Price summary

  • Price:$499,000

About this home

Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Designed for long-term durability and low-maintenance ownership, the property supports market rents of approximately $1,750 per unit, delivering strong projected returns with minimal effort. Prime location near downtown amenities, job centers, dining, entertainment, and major highways ensures consistent rental demand and excellent portfolio stability. Ideal for 1031 buyers and out-of-state investors seeking a high-quality new construction asset with strong cash-flow and appreciation potential in a rapidly developing area.

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Home facts

  • Year built:2025
  • Listing ID #:22070516
  • Added:141 day(s) ago
  • Updated:March 19, 2026 at 03:09 PM

Heating and cooling

  • Cooling:Central Electric
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:2025
  • Lot area:0.12 Acres
  • Construction Materials:Brick

Finances and disclosures

  • Price:$499,000

Parking

  • Garage:Yes
  • Garage spaces:1
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