1706 Ingram Street, Indianapolis, IN 46218

Property Description

Turnkey New Construction Duplex! Strong Cash Flow & Upside. The Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,794 (3x2) / $3,588 Gross Monthly Total. Units: 2. Step into this new construction duplex in the revitalizing Martindale/Brightwood neighborhood, one of Indianapolis' fastest-growing corridors for residential and mixed-use development. This turnkey home is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Martindale-Brightwood is a historically significant neighborhood undergoing a visible transformation as public and private investment flows into this near-downtown enclave. Bordered by Fall Creek to the west and Interstate 70 to the south, the area offers strong locational fundamentals-just minutes from the Bottleworks District, Mass Ave, and IU Health's expanding downtown campus. Long overlooked by institutional capital, Martindale-Brightwood is now a focus area for infill residential development, community revitalization efforts, and scalable investment opportunities. This neighborhood is primed for investors seeking long-term upside in emerging urban markets with strong affordability metrics and barriers to entry in nearby submarkets. Strong tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable expense load. Why Invest Here? This duplex offers investors: 1. New construction peace of mind - minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. A prime position in a neighborhood with rising property values and planned redevelopment. Please Reach out to our Investment team - 7655252161.

Listing Status:

Active

Data Last Updated:

February 16, 2026 at 3:19PM

Listing Office:

Neu Real Estate Group : 317-710-9743

Listing Agent:

Edward Neu : 317-710-9743

MLS ID:

22080143

Construction

• General: Two

Location

• Road/Access: City Street
• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: I Fletchers Sub L251490731198092000101
• Current Use: ResidentialSee Remarks

Financial

• Source: mibor