2737 Columbia Avenue, Indianapolis, IN 46205

$800,000

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List Price
$800,000
Price Change
▼ $25,000 1784226168
MLS#
22071846
Status
ACTIVE
Days on Market
265

Property Description

Proposed New Construction 4-Plex | Monon Yard Introducing a brand-new 4-unit investment opportunity in the highly desirable Monon Yard neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1,320 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,750 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 close to the Monon Trail, Fall Creek Greenway, 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.

Additional Information

New Construction
Yes
Construction Stage
Proposed
Est. Completion Date
TBD
Acres
0.13
Region
Center

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Canull Group LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative