2943 Macpherson Avenue, Indianapolis, IN 46205

Indianapolis
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
2943 Macpherson Avenue,Indianapolis, IN 46205
$475,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alec neu
Office: neu real estate group
MLS#:22129558
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$475,000

About this home

New-construction duplex opportunity in Martindale-Brightwood on Indianapolis's near-northeast side, near the Monon Trail on the neighborhood's western edge. The Lexington model offers two 3-bed/2-bath units of approximately 1,296 SF each. Projected rent of $1,660 per unit is supported by 34 3-bedroom comparables within 2 miles. Pro forma: $39,840 gross potential rent, $27,920 estimated NOI at 5% vacancy and 8% management. Close to the College Ave and Central Ave corridors and the Monon16 redevelopment area. Taxes and insurance are estimates; buyer to verify. This property is broker owned.

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Home facts

  • Year built:2026
  • Subdivision & Development:No Subdivision
  • Listing ID #:22129558
  • Added:12 day(s) ago
  • Updated:October 27, 2026 at 11:49 PM

Structure and exterior

  • Year built:2026
  • Lot area:0.11 Acres

Schools

  • High school:Shortridge High School

Finances and disclosures

  • Price:$475,000
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