New Construction
For Sale
$475,000
1611 N Arsenal Avenue, Indianapolis, IN 46218
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.13 Acres
Days on Market200
Property Features for 1611 N Arsenal Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1
Subdivision
Indpls Car Cos
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
Active
APN
490731188141000101
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Indpls Car Cos Add L18 B6
Tax Annual Amount
112
Legal Description
Indpls Car Cos Add L18 B6
Amenities
granite countertops
stainless steel appliances
tiled surrounds
granite vanity tops
Building Details
Year built
2026
Number of units
2
Listing Agency:
Neu Real Estate Group
(317) 572-9000
Listed By:
Alec Neu · License #RB26000583
(317) 710-9743
Added: Feb 27
Changed: Sep 14
Last Checked: Sep 15 at 2:06AM
MLS# 22086366
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 under-construction duplex is scheduled for completion in 2026 and offers a contemporary residential configuration. Each floor contains 1,295 square feet of living area, with a layout that includes three bedrooms and two full bathrooms. Interior finishes include granite countertops, stainless steel appliances, tiled shower surrounds, and granite vanity tops.
The property occupies a 0.13-acre lot at 1611 N Arsenal Avenue in Indianapolis, within ZIP code 46218. The duplex format and separate floor configuration provide a defined residential income property structure, while the current condition allows the planned finishes and layout to be delivered as new construction.
The property occupies a 0.13-acre lot at 1611 N Arsenal Avenue in Indianapolis, within ZIP code 46218. The duplex format and separate floor configuration provide a defined residential income property structure, while the current condition allows the planned finishes and layout to be delivered as new construction.
Key Highlights
- Duplex under construction with a 2026 year built
- 1,295 square feet of living area per floor
- Three bedrooms and two full bathrooms
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
624
Businesses Nearby
Explore this area
Business Placement
Demographics for 46218, IN
30,400
Population
15,343
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
80%
High-School Grad
9.5 sq mi
ZIP Area
3,200
Density / Sq Mi
$34,635
Median Household Income
$29,745
Median Earnings
$1,056
Median Rent
$90,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Under-construction duplex with granite finishes, stainless steel appliances, and tiled bathroom surrounds in Indianapolis.
Where is this duplex located?
The property is located at 1611 N Arsenal Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Duplex under construction with a 2026 year built; 1,295 square feet of living area per floor; Three bedrooms and two full bathrooms
