New Construction Duplex for
For Sale
$245,000
243 N 5th Avenue, Beech Grove, IN 46107
MULTI_FAMILY - Beech Grove, IN
Property Size3,600 SF
Lot Size0.16 Acres
Price / SF$68.06
Days on Market242
Property Features for 243 N 5th Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Subdivision
No Subdivision
Middle school
Beech Grove Middle School
High school
Beech Grove Sr High School
Elementary school district
Beech Grove City Schools
Middle school district
Beech Grove City Schools
High school district
Beech Grove City Schools
Directions
GPS Friendly
Standard status
Active
APN
491021117458000102
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Beech Grove Add Sec D L19 B72 Ex Tri Tr N End Forst 74.56' El X 68.77' Wl
Legal Description
Beech Grove Add Sec D L19 B72 Ex Tri Tr N End Forst 74.56' El X 68.77' Wl
Building Details
Year built
2025
Number of units
2
Listing Agency:
The Modglin Group
(317) 362-1108
Listed By:
Matthew Jones · License #RB17000200
(317) 900-6015
Added: Dec 1, 2025
Changed: Jun 16
Last Checked: Jul 31 at 3:06AM
MLS# 22075180
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 for-sale duplex is under new construction and configured as two separate sides. The total property size is listed as 3,600 square feet, or 1,800 square feet per unit. Each side includes three bedrooms and 2.5 bathrooms. Water, electric, and ductwork have already been completed, and the project is described as ready for completion.
The property is located at 243 N 5th Avenue in Beech Grove, Indiana, within Marion County (ZIP 46107).
Designed for buyers who want a straightforward two-unit layout, the duplex can fit investors pursuing rental portfolio strategies or buyers looking to complete the build and manage it as a rental. With matching unit configurations and utilities already in place, it offers a practical path for finishing work and establishing occupancy on either one or both sides, depending on the buyer’s plan.
The property is located at 243 N 5th Avenue in Beech Grove, Indiana, within Marion County (ZIP 46107).
Designed for buyers who want a straightforward two-unit layout, the duplex can fit investors pursuing rental portfolio strategies or buyers looking to complete the build and manage it as a rental. With matching unit configurations and utilities already in place, it offers a practical path for finishing work and establishing occupancy on either one or both sides, depending on the buyer’s plan.
Key Highlights
- New construction duplex (under construction) built in 2025 in Beech Grove
- 2 units total, 1,800 SF per side for 3,600 SF total
- Each unit includes 3 bedrooms and 2.5 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
420
Businesses Nearby
Explore this area
Business Placement
Demographics for 46107, IN
12,994
Population
5,755
Households
2.3
Avg Household Size
38
Median Age
23%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
3,938
Density / Sq Mi
$57,377
Median Household Income
$42,155
Median Earnings
$1,051
Median Rent
$166,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two 3-bedroom units and utilities/ductwork already completed in Beech Grove.
Where is this duplex located?
The property is located at 243 N 5th Avenue Beech Grove, IN.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: New construction duplex (under construction) built in 2025 in Beech Grove; 2 units total, 1,800 SF per side for 3,600 SF total; Each unit includes 3 bedrooms and 2.5 bathrooms
