2931 N Capitol Avenue N

Pending

2931 N Capitol Avenue N

IN, 46208

$410,000

Pending

Multi-family

Built in 2024

Courtesy of Neu Real Estate Group, Ryan Cheek Listing Contact: [email protected]

I am pleased to present to market a build-to-rent duplex in Indianapolis, IN. This duplex consists of a multi-level matching three-bedroom two-bathroom floor plan. Price point for these new construction duplexes ranges from $400K-$450K, depending on the lot location and market rent (rent target $1,800-$2,000). We cover all up-front costs including the land, labor, materials, and at the closing table you are delivered a rent-ready duplex. That said, we are seeking 25% down (roughly $100K) to get the ball rolling and target a contract-to-close timeframe of approximately 120 days. All said, we have sold year-to-date 22 Build-to-Rent duplexes and are continuing to close lots for future development. I look forward to connecting and discussing this opportunity with you further. The builderis a merchant builder throughout the downtown and greater Indianapolis region specializing in build-to-rent multifamily in infill lots throughout the city for new and seasoned investors. To learn more

21990135

MLSⓇ ID

July 11, 2024

Listed

August 23, 2024

Updated

Map

2931 N Capitol Avenue N
IN, 46208

Interior Features

Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.12 Acres

School Information

School District: Indianapolis Public Schools

Other Property Details

Area Name: 4911 - Marion - Center Nw
Days on Market: 28
Garage: No
View: No
County: Marion
Municipality: Center NW
Pool: No
Zoning: D5

Listing History

Date	Event	Price
8/7/2024	Pending	—

Courtesy of Neu Real Estate Group, Ryan Cheek,
Listing Contact: [email protected]

IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Based on the information submitted to the Broker Listing Cooperative listing service as of 8/23/2024, 11:26 AM UTC. All information believed to be reliable but not guaranteed and should be independently verified. Supplied Open House Information is subject to change without notice. All properties are subject to prior sale, change, or withdrawal. Properties may or may not be listed by the office/agent presenting the information. Neither listing broker(s), nor Metropolitan Indianapolis Board of REALTORS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

Data last updated 11:26 AM UTC, 8/23/2024