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Proposed New-Construction Duplex
For Sale
$450,000

4233 Evanston Avenue, Indianapolis, IN 46205

Both residences are planned with three bedrooms, two bathrooms, and open living areas.

Property SizeContact for details
Days on Market360

Property Features for 4233 Evanston Avenue

General Information

Standard status Active
Property subtype Duplex

Site & Location

Neighborhood Fairgrounds

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Building Details

Year Built 2026
Listing Agency: Talk to Tucker
Listed By: Annie Scott Realty Group
Source: Anniescottrealty
Added: Nov 4, 2025 Changed: Oct 26 Last Checked: Oct 26 at 2:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Talk to Tucker

Rey
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Investment Insights

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Planned as a duplex in Indianapolis, the property will contain two residences, each with three bedrooms and two bathrooms. Unit areas range from 1,250 to 1,374 square feet, with open living spaces. Construction is proposed, with completion estimated at approximately seven months after closing and the first construction draw.

The property backs up to the Nickel Plate Trail and is near the State Fairgrounds, Monon Trail, Fall Creek Greenway, Broad Ripple, and Midtown dining and retail. The IU Health Downtown Hospital project is also nearby, with completion scheduled for December 2027.

Key Highlights

  • Two proposed residential units, each with 3 bedrooms and 2 bathrooms
  • Unit sizes range from 1,250 to 1,374 square feet
  • Property backs up to the Nickel Plate Trail

Property Analytics

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Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

791
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Both residences are planned with three bedrooms, two bathrooms, and open living areas.
Where is this duplex located?
The property is located at 4233 Evanston Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two proposed residential units, each with 3 bedrooms and 2 bathrooms; Unit sizes range from 1,250 to 1,374 square feet; Property backs up to the Nickel Plate Trail
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