New Construction Townhome-Style
For Sale
$850,000
Pending
2421 Guilford Avenue, Indianapolis, IN 46205
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.13 Acres
Days on Market243
Property Features for 2421 Guilford Avenue
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Property condition
Under Construction
Subdivision
Reagan Park
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
Pending
APN
490625187186000101
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Reagan Park Add L141
Legal Description
Reagan Park Add L141
Building Details
Year built
2026
Floors in Building
2
Number of units
4
Listing Agency:
Neu Real Estate Group
(317) 572-9000
Listed By:
Alec Neu · License #RB26000583
(317) 710-9743
Added: Jan 15
Changed: Aug 28
Last Checked: Sep 15 at 7:06AM
MLS# 22080153
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 quadplex is configured in a townhome-style format with four residences. Each unit is designed with two bedrooms and 2.5 baths, providing a consistent layout across the property. The development occupies approximately 0.13 acres and is scheduled for construction in 2026.
Located at 2421 Guilford Avenue in Indianapolis, the property is positioned near the Near Northside and Reagan Park areas. Access to I-65 and Meridian Street connects the site with downtown Indianapolis, Mass Ave, Fall Creek Place, and the city’s business and healthcare districts. The surrounding area includes historic housing, infill development, and ongoing residential and mixed-use redevelopment.
Located at 2421 Guilford Avenue in Indianapolis, the property is positioned near the Near Northside and Reagan Park areas. Access to I-65 and Meridian Street connects the site with downtown Indianapolis, Mass Ave, Fall Creek Place, and the city’s business and healthcare districts. The surrounding area includes historic housing, infill development, and ongoing residential and mixed-use redevelopment.
Key Highlights
- Four‑unit quadplex with townhome‑style design
- Each residence includes 2 bedrooms and 2.5 baths
- Under construction with 2026 year built
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
422
Businesses Nearby
Explore this area
Business Placement
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
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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?
Quadplex - Four two-bedroom residences are being developed within an under-construction multifamily property near downtown Indianapolis.
Where is this quadplex located?
The property is located at 2421 Guilford Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Four‑unit quadplex with townhome‑style design; Each residence includes 2 bedrooms and 2.5 baths; Under construction with 2026 year built
