239 E Caven Street, IN 46225

$425,000

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List Price
$425,000
Status
ACTIVE
Days on Market
91
MLS#
22098184
Subtype
Residential Income
New Construction
Yes
Year Built
2026
Acres
0.08
Subdivision
Hildebrands
MLS Area Major
Center

Property Description

Attention investors and house hackers! Ground has just been broken on this brand-new upper/lower duplex in the highly desirable Bates-Hendricks neighborhood, just south of downtown Indianapolis. Each thoughtfully designed unit will feature an open-concept layout with a spacious living room, dining area, and kitchen, along with three bedrooms, two full baths, and a dedicated laundry room-ideal for today's renters. Located in one of Indy's fastest-growing areas, this property offers strong income potential, with projected rents ranging from $1,800 to $2,200 per month per unit. Estimated completion is set for late September, giving you the opportunity to secure a brand-new, low-maintenance asset before it hits the market. Whether you're looking to expand your investment portfolio or take advantage of a house-hacking opportunity by living in one unit and renting the other, this property checks all the boxes. Enjoy walkable access to the continued growth of Bates-Hendricks and just minutes from the dining, nightlife, and energy of nearby Fountain Square.

Additional Information

Taxes
$142
Stories
Two

Listing courtesy of F.C. Tucker Company.

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