#22051424, Edward Neu, Listing office: Neu Real Estate Group
Property details
About 420 S Hamilton Ave
INVESTOR ALERT!! Presenting New Construction Multi-Family located in one of Indianapolis' rapidly appreciating neighborhoods, ideal for both seasoned and first-time investors seeking strong rental income and long-term equity growth. This Professionally built property features two spacious and modern 3-Bedroom, 2-Bathroom units, each with open-concept floor plans, luxury vinyl plank flooring, stainless steel appliances, granite countertops, and energy-efficient HVAC systems. Designed for low maintenance and tenant appeal, each unit includes in-unit laundry, off-street parking, and private entrances for enhanced privacy and convenience. High-Demand Rental Market: Close to downtown, major employers, universities, and highway access. Strategically located within minutes of revitalized commercial corridors, transit lines, and ongoing city development projects, this turnkey asset offers favorable rents and long-term appreciation. Whether you're looking to house hack, add to your rental portfolio, or capitalize on Indy's affordable housing demand, these duplexes check every box for smart investing....Reach out today or schedule an appointment to tour our builds, review lot availability & building specs!
Highlights
Summary
- Heating: Electric
- Cooling: Central Air
- List Price: $425,000
- Directions: GPS Friendly
- Year Built: 2025
- Lot Size: 0.08 Acres
- MLS Number: 22047273
- MLS Name: MIBOR
- Office Name: Richfield Realty Group
- Listing Agent: Jade McGillem
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
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Price information
Property sales
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Nearby schools
6
William McKinley Elementary School 39
Public District PK-6
0.2 mi
•1733 Spann Ave
4
Thomas D. Gregg Elementary School 15
Public District PK-6
1.1 mi
•2302 E Michigan St
4
Piloted Schools Bethel Park
Public Charter KG-4
1.2 mi
•2710 Bethel Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,875. Most Indianapolis, IN residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 420 S Hamilton Ave
The listing price of 420 S Hamilton Ave property is $425,000.
The property 420 S Hamilton Ave is a multi located in Indianapolis, Indiana, 46201.
Active Listing: 420 S Hamilton Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 420 S Hamilton Ave are: William McKinley Elementary School 39 (GreatSchools Rating 6/10), Thomas D. Gregg Elementary School 15 (GreatSchools Rating 4/10), Piloted Schools Bethel Park (GreatSchools Rating 4/10), Longfellow STEM Magnet Middle School (GreatSchools Rating 5/10), URBAN ACT Academy School 14 (GreatSchools Rating 2/10), Invent Learning Hub (GreatSchools Rating 3/10), Arsenal Technical High School (GreatSchools Rating 1/10), Purdue Polytechnic High School (GreatSchools Rating 2/10), Victory College Preparatory Academy (GreatSchools Rating 6/10).
The year of construction for 420 S Hamilton Ave is 2025.
This home is located at 420 S Hamilton Ave in Indianapolis, IN and zip code 46201 in the Christian Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 26, 2025 and is currently priced at $425,000.
Over 266 listings were sold over their listed price in June 2025 in Indianapolis, IN. In the same period over 527 listings were sold below the listed price and 276 listings were sold for the listed price. The number of homes for sale in Indianapolis, IN decreased by 0.2% between May and June 2025. While the average time on the market in June 2025 was 31 days, the median list price was $251,183.