2421 Guilford Ave Indianapolis, IN 46205

This new construction quadplex is located in the revitalizing near eastside neighborhood of Indianapolis, one of the city's fastest-growing corridors for residential and mixed-use development. The property is designed for strong cash flow, long-term appreciation, and excellent tax advantages. The unit mix consists of four units, each with 2 bedrooms and 2.5 bathrooms. The projected monthly rent per unit is $1,841, resulting in a gross monthly total of $7,364. The property is located in Near Northside, immediately north of downtown Indianapolis, minutes from Mass Ave, Fall Creek Place, and the city's business and healthcare districts. Its central position offers convenient access to I-65 and Meridian Street. Near Northside is known for its deep community roots, early 20th-century architecture, and steady revitalization efforts. The area is well-positioned for both cash-flowing assets and long-term appreciation due to a mix of legacy housing stock and infill development potential. Strong tenant demand is driven by workforce housing, student housing, and new amenities. Consistent rent growth is projected with stable operating expenses. The property offers minimal maintenance, modern finishes, attractive returns, generous depreciation, tax benefits, and a prime position in a neighborhood with rising property values and planned redevelopment. The lot size is 0.13 acres.