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New Construction Duplex
For Sale
$239,000

243 N 5th Avenue, Beech Grove, IN 46107

Residential Income, Beech Grove, IN

Property Size3,600 SF
Lot Size0.16 Acres
Price / SF$66.39
Days on Market333

Property Features for 243 N 5th Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 6
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 3, Bathroom 5, Bedroom 4, Bathroom 6, Bedroom 5, Bedroom 2
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
Tax Annual Amount 422
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
Buildings 1
Listing Agency: The Modglin Group
Listed By: Matthew Jones · License #RB17000200
Added: Dec 1, 2025 Changed: Oct 26 Last Checked: Oct 30 at 1:06PM
MLS# 22075180

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Under construction at 243 N 5th Avenue in Beech Grove, this duplex totals 3,600 square feet, divided into two 1,800-square-foot residences. Each side is configured for three bedrooms and two-and-a-half bathrooms. Water, electrical, and ductwork work has been completed. The property occupies a 0.16-acre lot and was built in 2025.

Key Highlights

  • 3,600 square feet total, with 1,800 square feet per side
  • Two residences, each laid out with 3 bedrooms and 2.5 bathrooms
  • Water, electric, and ductwork completed

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

371
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence is planned with three bedrooms and two-and-a-half bathrooms, with water, electrical, and ductwork work completed.
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 $239,000.
What are key features of this property?
This property features: 3,600 square feet total, with 1,800 square feet per side; Two residences, each laid out with 3 bedrooms and 2.5 bathrooms; Water, electric, and ductwork completed
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