Hi There! Is this Your First Time?
Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.
1631 Montcalm Street Indianapolis IN 46202
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.12
- Acres
Turnkey New Construction Duplex in Riverside - Strong Cash Flow & Upside Unit Mix: (2) 3 bed / 2 bath; Projected Monthly Rent: $1,818 (3x2) / $3,636 Gross Monthly Total Units: 2 Step into this new construction duplex in the revitalizing Riverside neighborhood, one of Indianapolis' fastest--growing corridors for residential and mixed-use development. This turnkey asset is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Neighborhood Highlights - Located in Riverside, a historic area experiencing major revitalization, with proximity to Downtown, IUPUI, 16 Tech Innovation District, Riverside Park, and new retail/commercial projects. - Strong tenant demand driven by workforce housing, student housing, and new amenities. - Consistent rent growth projected with stable operating expenses. 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. A prime position in a neighborhood with rising property values and planned redevelopment. Reach out to Alec Neu for more details at 3172583080
Property Details
Interior Features
Exterior Features
- # Acres: 0.12
Listing Office: Neu Real Estate Group
Similar Properties To: 1631 Montcalm Street, Indianapolis
Strong & Cos Sub Johnson
- MLS® #:
- 22060648
- Provider:
- My Agent
Montrose
- MLS® #:
- 22019178
- Provider:
- Gardner Property Group
Becks Sub
- MLS® #:
- 22066845
- Provider:
- No Limit Real Estate, Llc
Osgoods 1st Central Ave Add
- MLS® #:
- 22019568
- Provider:
- Trueblood Real Estate
No Subdivision
- MLS® #:
- 22060309
- Provider:
- Homeowners Realty, Llc
Light's Bellevue
- MLS® #:
- 22032010
- Provider:
- Mcnulty Real Estate Services,
Nordyke & Hollowells
- MLS® #:
- 22025056
- Provider:
- Wilmoth Group
View all similar properties here
All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 MIBOR Broker Listing Cooperative®. All rights reserved.
Listing information last updated on November 18th, 2025 at 5:40am EST.
