726 Parkway Avenue, Indianapolis, IN 46203

Building Details

Year built

2026

Number of units

2

Listing agent Edward 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 May 14, 2026

Report an issue

MLS# 22102048 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.

---

Overview

This newly constructed duplex, from 2026, is offered in great condition and is set up to provide dual living arrangements. The property is designed as a duplex configuration, supporting either two separate households or use as an expansive single-family setup, depending on how an owner plans to occupy or manage the home.

Located at 726 Parkway Avenue in Indianapolis, Indiana 46203, the property sits on a 3,500 square-foot lot in Marion County. The building’s recent construction aligns with the practical needs of buyers looking for a modern, move-in-ready residential income property.

For owner-occupants or investors, this duplex format can support a straightforward residential income strategy by maintaining two distinct living spaces within one property. The combination of a newer build and duplex layout may appeal to buyers seeking an updated residential asset with flexible day-to-day use, whether occupied by one household or operated as dual residences.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Indianapolis

County

Hamilton

State

Indiana

Longitude

-86.146554

Latitude

39.749113

Nearby Similar for Sale

• 

  $685,000

  Restaurant/QSR With Drive-Thru Potential

  Restaurant-ready space with recent upgrades, signalized access, and prominent visibility along a major northside retail corridor.

  5527 N Keystone Avenue, Indianapolis, IN 46220

  View Details
• 

  $149,000

  6,022 SF

  Value-Add Commercial Opportunity in Indianapolis

  Four-unit commercial property for renovation and repositioning near downtown.

  3427 W Michigan Street, Indianapolis, IN 46222

  View Details
• 

  $550,000

  Hard-Corner Retail/Office Building

  C-3 zoned building on a hard corner with strong traffic exposure, onsite parking, and flexible retail or office use.

  5243 Rockville Road, Indianapolis, IN 46224

  View Details
• 

  $260,000

  1,996 SF

  Freestanding Office Building on Shadeland

  Single-story office building on 0.30 acres, C-1 zoning.

  1109 N Shadeland Avenue, Indianapolis, IN 46219

  View Details
• 

  $399,000

  2,274 SF

  Freestanding Office Building on Shadeland

  Single-story office building with C-1 zoning in Indianapolis.

  1101 N Shadeland Avenue, Indianapolis, IN 46219

  View Details
• 

  $560,000

  Flexible Office Building with Detached Garage

  C-1 zoned building with a fenced outdoor area and detached garage, suited for office or education-oriented uses.

  2131 E 54th Street, Indianapolis, IN 46220

  View Details
• 

  $2,475,000

  Renovated Office Flex Complex

  Multi-tenant office and flex space with common parking and five leasable suites offering flexible occupancy options.

  9130 Otis Avenue, Indianapolis, IN 46216

  View Details
• 

  $4,350,000

  Heavy Industrial Dock-High Warehouse

  49,000 SF heavy industrial facility with multiple dock-high doors, office buildout, and 16'4" clear height.

  2334 Production Drive, Indianapolis, IN 46241

  View Details
• 

  $1,000,000

  Corner Two-Tenant Retail and Auto Site

  Remodeled two-tenant corner property in C-5 zoning, positioned for retail and auto-related business uses near major corridors.

  1121 E Troy Avenue, Indianapolis, IN 46203

  View Details
• 

  $700,000

  Multi-Office Building with Private Parking

  Commercial-office building with 16 offices, large windows, and a private parking lot near major thoroughfares.

  1300 N Pennsylvania Street, Indianapolis, IN 46202

  View Details
• 

  $1,200,000

  Auto Shop with Paint Booth

  Automotive repair facility with a custom paint booth, office, and multiple work bays supported by front and rear vehicle access.

  7086 Southeastern Avenue, Indianapolis, IN 46239

  View Details
• 

  $1,499,999

  10,789 SF

  Keystone Avenue Redevelopment Opportunity

  1.63 acres with flexible zoning in evolving urban area.

  4498 North Keystone Avenue, Indianapolis, IN 46205

  View Details

FAQs

What type of property is this?

Duplex - Newly constructed duplex offers two separate residences on a 3,500 square-foot lot in Indianapolis.

Where is this duplex located?

The property is located at 726 Parkway Avenue Indianapolis, IN.

What is the asking price?

The asking price for this property is $475,000.

What are key features of this property?

This property features: Newly constructed duplex in Indianapolis, IN, under construction; Year built: 2026; Duplex set on a 3,500 sq ft lot