2954 Macpherson Avenue, Indianapolis, IN 46205

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2954 Macpherson Avenue,Indianapolis, IN 46205
$679,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: daniel mcneal
Office: @properties
MLS#:22074457
Source:IN_MIBOR

Price summary

  • Price:$679,000

About this home

Brand-New 4-Unit Multifamily Building in Monon Yard - Under Construction. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. Currently under construction, this purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership. Each of the four units offers 983 square feet of well-planned living space, providing a highly rentable layout. With all units delivered new, buyers can expect reduced operating costs, minimal maintenance, and strong demand from tenants seeking modern living near one of Indy's most active redevelopment corridors. Drawings are in supplements. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, and major employment centers * Surrounded by continued investment and new residential development *

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Home facts

  • Year built:2026
  • Listing ID #:22074457
  • Added:1 day(s) ago
  • Updated:February 25, 2026 at 02:49 AM

Heating and cooling

  • Cooling:Central Electric
  • Heating:Forced Air

Structure and exterior

  • Roof:Asphalt
  • Year built:2026
  • Lot area:0.13 Acres

Utilities

  • Water:Water
  • Sewer:Sewer

Finances and disclosures

  • Price:$679,000
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