Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 0-bedroom, 0-bathroom multi-family at 2954 MacPherson Avenue in Indianapolis, IN is listed for $679,000. Built in 2026, on a 0.13 acres lot.
Brand-New 4-Unit Multifamily Building in Monon Yard - Under Construction. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. Currently under construction, this purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership.
Each of the four units offers 983 square feet of well-planned living space, providing a highly rentable layout. With all units delivered new, buyers can expect reduced operating costs, minimal maintenance, and strong demand from tenants seeking modern living near one of Indy's most active redevelopment corridors.
Drawings are in supplements. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, and major employment centers * Surrounded by continued investment and new residential development * Walkable and bike-friendly area with improving amenities This is a rare chance to acquire a brand-new four-unit building.
Ideal for investors seeking stable long-term returns, low vacancy potential, and a property positioned for strong appreciation. This is also an excellent opportunity for an owner occupant to reside in one unit and rent the others.
Key Features
- Built in 2026
- 0.13 acre lot
Property Details
Monthly Cost Estimate
$3,631/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2954 MacPherson Avenue
Indianapolis, IN 46205
Meadland Grandview
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom multi-family at 2954 MacPherson Avenue is listed at $679,000. The estimated monthly payment is $2,942 based on 20% down at 6.5% interest.
Key features include: Built in 2026, 0.13 acre lot.
This property is listed by Daniel McNeal and can be reached at 3179023177 or dan@atpropertiesind.com.














