Building Details

Year built 2026

Number of units 4

Listing Agency: Neu Real Estate Group e***@gmail.com Show Phone

Listed By: Edward Neu · License #RB14039123 Show Phone

Added: Aug 5 Last Checked: Aug 5 at 4:06PM

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MLS# 22118381

Copyright © 2026 MIBOR Service Corporation. 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 quadplex is planned for completion in 2026 and occupies a 0.13-acre lot. The property is located at 1623 N Arsenal Avenue in Indianapolis, within Marion County and ZIP code 46218.

Key Highlights

• Quadplex classification
• Under construction
• Scheduled year built: 2026

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Spa & Massage Center Law Firm Nail Salon Accounting Firm Pharmacy (Bike/Boat/Book/etc) Store

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

Lease Details

1

Residential units

Location Intelligence

Trade Area within ½ mile

293

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this quadplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Quadplex - Under-construction multifamily property on a 0.13-acre lot in Indianapolis.

Where is this quadplex located?

The property is located at 1623 N Arsenal Avenue Indianapolis, IN.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Quadplex classification; Under construction; Scheduled year built: 2026