Search
Townhome-Style Quadplex
For Sale
$850,000

2421 Guilford Avenue, Indianapolis, IN 46205

MULTI_FAMILY - Indianapolis, IN

Property SizeContact for details
Lot Size0.13 Acres
Days on Market209

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 Active
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
Listed By: Alec Neu · License #RB14039123
Added: Jan 15 Changed: Jul 29 Last Checked: Aug 12 at 3:06PM
MLS# 22080153

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 turnkey new construction quadplex is laid out in a townhome-style configuration and includes four residential units. Each unit is a 2-bedroom, 2.5-bath layout. The offering also includes stated rent projections of $1,841 per month per two-bedroom unit (2 x 2.5) for a total projected gross monthly rent of $7,364.

The property is located at 2421 Guilford Avenue in Indianapolis, Indiana 46205, in Marion County. The lot size is listed at 0.13 acres.

Key Highlights

  • Under construction 4‑plex townhome‑style quad with Year Built 2026.
  • Unit mix: four units total; each unit has 2 bedrooms and 2.5 bathrooms.
  • Projected gross monthly total rent of $7,364 ($1,841 per 2x2.5 unit).

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Pharmacy HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale 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

4
Residential units

Location Intelligence

Trade Area within ½ mile

486
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - New construction quadplex with four 2BR/2.5BA units and projected monthly gross rent of $7,364.
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: Under construction 4‑plex townhome‑style quad with Year Built 2026.; Unit mix: four units total; each unit has 2 bedrooms and 2.5 bathrooms.; Projected gross monthly total rent of $7,364 ($1,841 per 2x2.5 unit).
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message