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Townhome-Style Quadplex
For Sale
$850,000
Pending

2421 Guilford Avenue, Indianapolis, IN 46205

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market260

Property Features for 2421 Guilford Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Bedrooms 8
Bathrooms 12
Full bathrooms 12
Rooms Bathroom 7, Bathroom 10, Bathroom 11, Bathroom 12, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 5, Bathroom 3, Bathroom 6, Bathroom 8, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 8, Bathroom 1, Bathroom 9, Bedroom 7, Bathroom 5, Bedroom 3
Subdivision Reagan Park
High school Arsenal Technical High School
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 490625187186000101
Lot size 0.13 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Reagan Park Add L141
Tax Annual Amount 724
Legal Description Reagan Park Add L141

Building Details

Year built 2026
Floors in Building 2
Number of units 4
Listing Agency: Neu Real Estate Group
Listed By: Alec Neu · License #RB26000583
Added: Jan 15 Changed: Sep 30 Last Checked: Oct 2 at 12:06PM
MLS# 22080153

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This townhome-style quadplex is under construction, with completion planned for 2026. The property occupies a 0.13-acre parcel at 2421 Guilford Avenue in Indianapolis.

The location provides access to I-65 and Meridian Street.

Key Highlights

  • Townhome‑style quadplex under construction
  • 0.13‑acre parcel
  • Year built: 2026

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Pharmacy HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

422
Businesses Nearby

Demographics for 46205, IN

27,531
Population
14,756
Households
1.9
Avg Household Size
34
Median Age
51%
College-Educated
93%
High-School Grad
6.2 sq mi
ZIP Area
4,440
Density / Sq Mi
$65,756
Median Household Income
$48,138
Median Earnings
$1,087
Median Rent
$278,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - The property is under construction and offers townhome-style design on a 0.13-acre parcel.
Where is this quadplex located?
The property is located at 2421 Guilford Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Townhome‑style quadplex under construction; 0.13‑acre parcel; Year built: 2026
More about this property
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