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About This Home

This 0-bedroom, 0-bathroom multi-family at 227 N Hamilton Avenue in Indianapolis, IN is listed for $499,000. Built in 2025, on a 0.12 acres lot.

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.

Key Features

  • Built in 2025
  • 0.12 acre lot

Property Details

2025

Monthly Cost Estimate

$2,669/mo

20% down · 6.5% · 30 years

Principal$361
Interest$2,162
Insurance$146

Estimates only. Actual payments may vary.

Location

227 N Hamilton Avenue

Indianapolis, IN 46201

Johnson & Hogshire

Features & Amenities

Exterior Features

Smart Lock(s)

Property Details

Construction

Brick

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 227 N Hamilton Avenue is listed at $499,000. The estimated monthly payment is $2,162 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 0.12 acre lot. Exterior Features: Smart Lock(s).

This property is listed by Nicole Crouch and can be reached at 3175147959 or crossroadsrealty@outlook.com.

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Nicole Crouch

Agent at Crossroads Realty, LLC

(317) 514-7959

Listed by Crossroads Realty, LLC · View on Broker Site

MLS# 22070516· Source: listhub· Updated 164 days ago

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.

227 N Hamilton Avenue, Indianapolis, IN 46201

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