1706 Ingram Street, IN 46218

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Sold Price
$405,000
List Price
$435,000
Status
SOLD
Days on Market
105
Closing Date
Apr 30, 2026
MLS#
22080143
Subtype
Residential Income
New Construction
Yes
Year Built
2026
Acres
0.12
Subdivision
I Fletchers Oak Hill
MLS Area Major
Center

Property Description

Turnkey New Construction townhome! Strong Cash Flow & Upside. The Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,794 (3x2) / $3,588 Gross Monthly Total. Units: 2. Step into this new construction duplex in one of Indianapolis' fastest-growing corridors for residential and mixed-use development. This turnkey home is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Martindale-Brightwood is a historically significant neighborhood undergoing a visible transformation as public and private investment flows into this near-downtown enclave. Bordered by Fall Creek to the west and Interstate 70 to the south, the area offers strong locational fundamentals-just minutes from the Bottleworks District, Mass Ave, and IU Health's expanding downtown campus. Long overlooked by institutional capital, Martindale-Brightwood is now a focus area for infill residential development, community revitalization efforts, and scalable investment opportunities. 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 expense load. Why 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. Generous depreciation & tax benefits to offset income. 4. Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team - 7655252161.

Additional Information

Taxes
$53
Stories
Two

Listing courtesy of Edward Neu. Neu Real Estate Group

Selling Office: My Agent.

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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


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