4235 Evanston Avenue, Indianapolis, IN 46220
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
4235 Evanston Avenue,Indianapolis, IN 46220
$475,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: zachary douglas
Office: canull group llc.
MLS#:22071854
Source:IN_MIBOR
Price summary
- Price:$475,000
About this home
Proposed New Construction 4-Plex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027) and backs up to newly paved Nickel Plate Trail, State Fairgournds, close to the Monon Trail, Fall Creek Greenway, Broad Ripple and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. Reach out directly for full specifications, construction timeline, and builder options.
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Home facts
- Year built:2026
- Listing ID #:22071854
- Added:62 day(s) ago
- Updated:January 07, 2026 at 04:40 PM
Structure and exterior
- Year built:2026
- Lot area:0.12 Acres
Finances and disclosures
- Price:$475,000
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