1706 Ingram Street, Indianapolis, IN 46218

Property Description

Turnkey New Construction townhome! Strong Cash Flow & Upside. The Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,794 (3x2) / $3,588 Gross Monthly Total. Units: 2. Step into this new construction duplex in one of Indianapolis' fastest-growing corridors for residential and mixed-use development. This turnkey home is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Martindale-Brightwood is a historically significant neighborhood undergoing a visible transformation as public and private investment flows into this near-downtown enclave. Bordered by Fall Creek to the west and Interstate 70 to the south, the area offers strong locational fundamentals-just minutes from the Bottleworks District, Mass Ave, and IU Health's expanding downtown campus. Long overlooked by institutional capital, Martindale-Brightwood is now a focus area for infill residential development, community revitalization efforts, and scalable investment opportunities. This neighborhood is primed for investors seeking long-term upside in emerging urban markets with strong affordability metrics and barriers to entry in nearby submarkets. Strong tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable expense load. Why Invest Here? This duplex offers investors: 1. New construction peace of mind - minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team - 7655252161.