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    227 N Hamilton Ave Indianapolis, IN 46201

    For Sale
    $499,000

    Duplex - Indianapolis, IN

    Type:Duplex
    Lot size:
    0.12 Acres
    Days on Market:
    38
    Last Refresh:
    Dec 6 at 11:06 am

    Property Features for 227 N Hamilton Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Property condition
    New Construction
    Standard status
    Active
    APN
    491006106024000101
    Exterior features
    Smart Lock(s)
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2025
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other
    BuilderName
    Midwest Home Constru

    Crossroads Realty LLC (317) 514-7959 [email protected]

    Listing agent Nicole Crouch (317) 514-7959 License #RB14036446

    Listing date Oct 30, 2025

    MLS# 22070516 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Duplex in Downtown Indianapolis

    This new construction, all-brick duplex in Downtown Indianapolis presents an investment opportunity. The property features two 2-bed, 2-bath units, each with a dedicated garage bay. Interiors are tenant-ready and include open-concept living spaces, LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. The property is designed for durability and low maintenance. The location is near downtown amenities, job centers, dining, entertainment, and major highways. The property is located on a 0.12-acre lot. It is suitable for 1031 buyers and out-of-state investors seeking a new construction asset with cash-flow and appreciation potential in a developing area. The property is located in Marion County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indianapolis
    County
    Hamilton
    State
    Indiana
    Longitude
    -86.125104
    Latitude
    39.770426

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    FAQs

    What type of property is this?
    Duplex - New construction duplex near downtown Indianapolis, ideal for investors.
    Where is this duplex located?
    The property is located at 227 N Hamilton Ave Indianapolis, IN.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Brand-new, professionally built all-brick duplex in Downtown Indianapolis.; - Two spacious 2-bed, 2-bath units with dedicated garage bays.; - Tenant-ready with modern finishes: LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry.
    (317) 514-7959
    Request Owner's contact information
    227 N Hamilton Ave Indianapolis, IN 46201
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    Indianapolis, IN 46201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    227 N Hamilton Ave Indianapolis, IN 46201
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