For Sale
New ConstructionNew Construction
House for sale at 227 N Hamilton Ave, Indianapolis, IN 46201 | MLS# 22070516 | Listing updated on 2026-07-09
Photo 1 of House for sale at 227 N Hamilton Ave, Indianapolis, IN 46201 | MLS# 22070516 | Listing updated on 2026-07-09
Photo 2 of House for sale at 227 N Hamilton Ave, Indianapolis, IN 46201 | MLS# 22070516 | Listing updated on 2026-07-09
Photo 3 of House for sale at 227 N Hamilton Ave, Indianapolis, IN 46201 | MLS# 22070516 | Listing updated on 2026-07-09
Photo 4 of House for sale at 227 N Hamilton Ave, Indianapolis, IN 46201 | MLS# 22070516 | Listing updated on 2026-07-09
17+
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$449,999

Monthly Est:$2,240

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon--sqft

227 N Hamilton Ave, Indianapolis, IN 46201

$2,240/moEst:

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  • Duplex

  • Built in 2025

  • $-- HOA

  • 5,184 sqft lot

  • --/sqft

Description

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.

  • Houzeo last checked: 11 minutes ago
  • Listing updated: July 9, 2026 at 4:42 pm
  • Listing Provided by: Nicole Crouch , Matthew Crouch | Crossroads Realty, LLC (317) 514-7959
  • Source: Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN | MLS#: 22070516 Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Marion County

  • City

    Indianapolis

  • Neighborhood

    Near Eastside

  • Year Built

    2025

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    5,184 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Metropolitan Indianapolis Board of REALTORS (MIBOR) MLS

  • MLS Number

    22070516

  • MLS Status

    Active

  • Days on Market

    346

  • Cumulative Days on Market

    256

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

Interior

  • Exterior Features

    Smart Lock(s)

  • Heating

    Electric

  • Cooling

    Central Air

Construction

  • Year Built

    Year Built: 2025

  • Home type

    Duplex

  • Property Condition

    New Construction

  • Construction Materials

    Brick

Utilities & Energy

  • Laundry Features

    Laundry Room

Other Features

  • Subdivision Name

    Johnson & Hogshire

Price History

DateEventPrice

07/09/2026

Source: #MBR22070516

Price Decreased

$449,999 -5.26%

$0/sqft

06/08/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22070516

Listed for Sale

$475,000 +27042.86%

$0/sqft

01/03/2026

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22058518

Sold

$1,750

$0/sqft

12/20/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22058518

Pending

$1,750 -99.65%

$0/sqft

10/28/2025

Source: mls_logoMetropolitan Indianapolis Board of REALTORS (MIBOR) MLS-IN #MBR22070516

Price Increased

$499,000 +5.05%

$0/sqft

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Based on information from MIBOR REALTOR® Association through Oct 09, 2026, 04:30AM. The Broker Listing Cooperative® listing service's Listing information is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.. All Rights Reserved. © 2026 MIBOR REALTOR® Association.

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