# 226 N Randolph Street, Indianapolis, IN 46201

> **TL;DR:** multi-family, $499,000, built 2025. Est. $2,162/mo. Listed 164 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,000 |
| Year Built | 2025 |
| Lot Size | 5,663 sqft (0.13 acres) |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 164 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,162 |
| **Total** | **$2,162** |

## Property Highlights

- Built in 2025
- 0.13 acre lot

## Description

### Agent Description
Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Designed for long-term durability and low-maintenance ownership, the property supports market rents of approximately $1,750 per unit, delivering strong projected returns with minimal effort. Prime location near downtown amenities, job centers, dining, entertainment, and major highways ensures consistent rental demand and excellent portfolio stability. Ideal for 1031 buyers and out-of-state investors seeking a high-quality new construction asset with strong cash-flow and appreciation potential in a rapidly developing area.

## Location

- **Address:** 226 N Randolph Street, Indianapolis, IN 46201
- **County:** Marion
- **Neighborhood:** Willard Place
- **Coordinates:** 39.769758, -86.128669
- **Google Maps:** https://www.google.com/maps?q=39.769758,-86.128669

## Listing Agent

- **Name:** Nicole Crouch
- **Brokerage:** Crossroads Realty, LLC
- **Phone:** 3175147959
- **Email:** crossroadsrealty@outlook.com

## Primary Photo

![226 N Randolph Street - Primary Photo](http://lh.rdcpix.com/c5b9adb91a49e0c3b7ec3459823df64el-f2726934671r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/226-n-randolph-street-indianapolis-in-46201-22070536)*

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**MLS#:** 22070536 | **Updated:** 2026-04-26
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/226-n-randolph-street-indianapolis-in-46201-22070536)

---

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