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1631 Montcalm Street

Indianapolis, IN 46202
  • $405,000
  • STATUS: Pending
  • ON SITE: 114 Days
  • MLS #: 22080147
Under Contract
$405,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2026
County:

School Information

Description

Look at this Turnkey New Construction townhome! Strong Cash Flow & Upside Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,793 (3x2) / $3,586 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. Riverside is located just northwest of downtown Indianapolis, bordered by the White River to the east. It offers convenient access to major roads like I-65 and I-70, making it attractive for residents commuting to downtown or nearby employment hubs. Its proximity to the 16 Tech Innovation District is part of the appeal for young professionals and investors. 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 operating expenses. Why you should 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.Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team - 7655252161.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-05-10T00:25:07.16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.davidbrentonsteam.com/homes/172154103
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1631 Montcalm Street Indianapolis, IN 46202

  • Price: $405,000
  • Status: Pending
  • On Site: 114 Days
  • MLS #: 22080147
0
Beds
0
Baths
0
½ Baths
0.12
Acres
2026
Built
Neighborhood:
Stouts Indiana Ave
County:
Marion
Area:
4910 - Marion - Center
High School:
George Washington High School
School District:
Indianapolis Public Schools
Property Description
Look at this Turnkey New Construction townhome! Strong Cash Flow & Upside Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,793 (3x2) / $3,586 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. Riverside is located just northwest of downtown Indianapolis, bordered by the White River to the east. It offers convenient access to major roads like I-65 and I-70, making it attractive for residents commuting to downtown or nearby employment hubs. Its proximity to the 16 Tech Innovation District is part of the appeal for young professionals and investors. 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 operating expenses. Why you should 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.Great neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team - 7655252161.
Exterior Features

Levels Two Road Access Street Cuts Road Frontage Type City Street Road Surface Type Asphalt View YN No Waterfront YN No

Property Features

Acres <1/4 Acre Builder Name IPA Construction Stage See Remarks Current Use See Remarks Dpr YN Yes Estimated Completion Date 2026 Expenses 6553 New Construction YN Yes Number Of Units Total 2 Possession Closing Property Attached YN No Property Sub Type Duplex Semi Annual Property Tax Amt 266 Solid Waste No Tax Year 2024 Township Center Transaction Type Sale

Listing provided courtesy of Neu Real Estate Group: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or David Brenton's Team.

Based on information submitted to the MLS GRID as of 2026-05-10T00:25:07.16. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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David Brenton's Team
4741 E Stop 11 Rd.
Indianapolis IN, 46237