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Street View
$449,999
Monthly Est:$2,240
2 Beds
- 2 Baths
--sqft
227 N Hamilton Ave, Indianapolis, IN 46201
$449,999
$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

Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
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
| Date | Event | Price |
|---|---|---|
07/09/2026 Source: #MBR22070516 | Price Decreased | $449,999 -5.26% $0/sqft |
06/08/2026 Source: | Listed for Sale | $475,000 +27042.86% $0/sqft |
01/03/2026 Source: | Sold | $1,750 $0/sqft |
12/20/2025 Source: | Pending | $1,750 -99.65% $0/sqft |
10/28/2025 Source: | 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.
Advertising Broker: Jonah Hartsburg | Hoosier Hub Realty









