2421 Guilford Avenue, Indianapolis, IN 46205

Building Details

Year built

2026

Floors in Building

2

Number of units

4

Listing agent Alec Neu License #RB14039123 Show Phone

Listing office Neu Real Estate Group e***@gmail.com E 75th St Ste 100 6330, McCordsville, IN Show Phone

Listing date Jan 15, 2026

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MLS# 22080153 Listing URL

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.

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Overview

This new construction quadplex is described as a turnkey, townhome-style property featuring four units. Each unit is configured as a 2-bedroom layout with 2.5 bathrooms, designed to support straightforward leasing and consistent unit planning across the building.

The property is located at 2421 Guilford Avenue in Indianapolis, IN 46205, within Marion County. The remarks position it on the near eastside/near northside area, noted as being just north of downtown, with convenient access mentioned to I-65 and Meridian Street. The listing also references proximity to Mass Ave and Fall Creek Place. Lot size is listed as 0.13 acres.

For buyers and operators, the key underwriting points presented in the materials include the uniform 2-bedroom/2.5-bath unit mix and a projected gross monthly rent totaling $7,364. The listing also cites new construction as intended to reduce maintenance needs and deliver modern finishes, along with depreciation and tax benefits mentioned as part of the investment case. The remarks further note tenant demand drivers tied to workforce housing, student housing, and new amenities in the surrounding area.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.141582

Latitude

39.801952

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FAQs

What type of property is this?

Quadplex - Turnkey 4-unit townhome-style quadplex with two-bedroom units and projected gross monthly 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; year built 2026 quadplex.; 2 bed / 2.5 bath units: 4 total units.; Projected monthly rent: $1,841 per unit (2x2.5) and $7,364 gross monthly total.