New Construction
For Sale
$239,000
243 N 5th Avenue, Beech Grove, IN 46107
Residential Income, Beech Grove, IN
Property Size3,600 SF
Lot Size0.16 Acres
Price / SF$66.39
Days on Market288
Property Features for 243 N 5th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Subdivision
No Subdivision
Middle school
Beech Grove Middle School
High school
Beech Grove Sr High School
Elementary school district
Beech Grove City Schools
Middle school district
Beech Grove City Schools
High school district
Beech Grove City Schools
Directions
GPS Friendly
Standard status
Active
APN
491021117458000102
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Beech Grove Add Sec D L19 B72 Ex Tri Tr N End Forst 74.56' El X 68.77' Wl
Legal Description
Beech Grove Add Sec D L19 B72 Ex Tri Tr N End Forst 74.56' El X 68.77' Wl
Building Details
Year built
2025
Number of units
2
Listing Agency:
The Modglin Group
(317) 362-1108
Listed By:
Matthew Jones · License #RB17000200
(317) 900-6015
Added: Dec 1, 2025
Changed: Aug 31
Last Checked: Sep 15 at 6:06AM
MLS# 22075180
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 2025 duplex is under construction and contains 3,600 square feet across two residences. Each side measures 1,800 square feet and is planned with three bedrooms and 2.5 bathrooms. Water, electrical service, and ductwork have been completed, while the property remains unfinished overall.
The parcel encompasses 0.16 acres at 243 N 5th Avenue in Beech Grove, Indiana, within Marion County and ZIP code 46107. The two-unit configuration provides a defined residential income property format, with remaining construction work required before occupancy or leasing.
The parcel encompasses 0.16 acres at 243 N 5th Avenue in Beech Grove, Indiana, within Marion County and ZIP code 46107. The two-unit configuration provides a defined residential income property format, with remaining construction work required before occupancy or leasing.
Key Highlights
- 2025 duplex with 3,600 square feet across two residences
- Each side contains 1,800 square feet, 3 bedrooms, and 2.5 bathrooms
- Water, electric, and ductwork completed
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
371
Businesses Nearby
Explore this area
Business Placement
Demographics for 46107, IN
12,994
Population
5,755
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
3,938
Density / Sq Mi
$57,377
Median Household Income
$42,155
Median Earnings
$1,051
Median Rent
$166,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two unfinished residences offer matching layouts with core utility and ductwork installations completed.
Where is this duplex located?
The property is located at 243 N 5th Avenue Beech Grove, IN.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 2025 duplex with 3,600 square feet across two residences; Each side contains 1,800 square feet, 3 bedrooms, and 2.5 bathrooms; Water, electric, and ductwork completed
