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Multifamily Investment Opportunity in Indianapolis
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3903-3909 Winthrop Ave, Indianapolis, IN 46205

Portfolio of 10 sites with 44 duplex and quadplex units.

Property SizeContact for details
Days on Market121

Property Features for 3903-3909 Winthrop Ave

General Information

Standard status Active
Property subtype Multifamily
Zoning D5
Listing Agency: Gardner Property Group
Listed By: Cory Gardner · License #RB17000430
Source: Crexi
Added: Apr 13 Changed: Aug 8 Last Checked: Aug 8 at 7:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gardner Property Group

Investment Insights

Based on property information with market context.

This multifamily investment opportunity features a portfolio of 10 strategically located sites with 44 high-quality duplex and quadplex units. The Paradigm Construction & Development portfolio offers pre-designed, pre-permitted development sites, allowing investors to begin construction shortly after closing. With an estimated 6-8 month build timeline, the portfolio allows capitalizing on the demand for multifamily housing in Indianapolis locations, including the Monon Trail, Indiana State Fairgrounds, IU Health, and downtown Indianapolis. The portfolio is designed for low-maintenance ownership, strong cash flow, and investment returns.

Key Highlights

  • Pre‑designed and pre‑permitted development sites allow for immediate groundbreaking.
  • Portfolio of 10 sites with 44 high‑quality duplex and quadplex units.
  • Projected 6‑8 month build timeline to capitalize on strong demand.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply HVAC Service Pharmacy (Bike/Boat/Book/etc) Store Storage Facility Locksmith

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

Location Intelligence

Trade Area within ½ mile

408
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Multifamily property - Portfolio of 10 sites with 44 duplex and quadplex units.
Where is this multifamily property located?
The property is located at 3903-3909 Winthrop Ave Indianapolis, IN.
What are key features of this property?
This property features: Pre‑designed and pre‑permitted development sites allow for immediate groundbreaking.; Portfolio of 10 sites with 44 high‑quality duplex and quadplex units.; Projected 6‑8 month build timeline to capitalize on strong demand.
(260) 705-7325 Call to check price and availability
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