2421 Guilford Avenue Indianapolis, IN 46205

This new construction townhome-style quadplex is located in the revitalizing near eastside neighborhood, one of Indianapolis's fastest-growing corridors for residential and mixed-use development. Designed for strong cash flow, long-term appreciation, and excellent tax advantages, this quadplex features four units, each with 2 bedrooms and 2.5 bathrooms. The projected monthly rent is $1,841 per unit, totaling $7,364 gross monthly. The property is situated in the Near Northside, immediately north of downtown Indianapolis, minutes from Mass Ave, Fall Creek Place, and the city's business and healthcare districts. The Reagan Park Neighborhood offers convenient access to I-65 and Meridian Street, connecting residents to all parts of the metro area. Near Northside is known for its deep community roots, early 20th-century architecture, and steady revitalization efforts, offering a blend of legacy charm and urban opportunity. The 0.13-acre property is well-positioned for both cash-flowing assets and long-term appreciation, with tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth is projected with stable operating expenses. The location is a diverse, historic, and strategically located neighborhood just north of downtown Indianapolis, with a mix of legacy housing stock and infill development potential.