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Quadplex Under Construction
New
For Sale
$700,000
Pending

405 N Walcott Street, Indianapolis, IN 46201

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market5

Property Features for 405 N Walcott Street

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Property condition Under Construction
Subdivision No Subdivision
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 491006175057004101
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pettibone and Richards Highland Home Sub L44
Legal Description Pettibone and Richards Highland Home Sub L44

Building Details

Year built 2026
Floors in Building 2
Number of units 4
Listing Agency: Neu Real Estate Group
Listed By: Alec Neu · License #RB26000583
Added: Aug 24 Changed: Aug 25 Last Checked: Aug 28 at 5:06AM
MLS# 22116706

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 quadplex is currently under construction and carries a 2026 year-built designation. The property is identified as a multifamily asset in Indianapolis, Indiana, within Marion County. It is located at 405 N Walcott Street in the 46201 postal area.

Key Highlights

  • Quadplex property type
  • Under‑construction condition
  • 2026 year built

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Computer & Electronic Repair (Bike/Boat/Book/etc) Store Locksmith Bakery Pharmacy Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,105
Businesses Nearby

Demographics for 46201, IN

31,408
Population
17,145
Households
1.8
Avg Household Size
34
Median Age
26%
College-Educated
78%
High-School Grad
5.6 sq mi
ZIP Area
5,609
Density / Sq Mi
$43,183
Median Household Income
$36,951
Median Earnings
$929
Median Rent
$150,600
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Multifamily property currently under construction with a 2026 year-built designation.
Where is this quadplex located?
The property is located at 405 N Walcott Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Quadplex property type; Under‑construction condition; 2026 year built
More about this property
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