2702 Winthrop Avenue, Indianapolis, IN 46205

Property Description

Purpose-built multifamily 4-plex in the heart of the Monon Yard neighborhood. Currently under construction, this brand new building is engineered for investors or house-hackers: maximizing rental performance while virtually eliminating the "CapEx" headaches of older conversions. 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. Each of the four units features a spacious layout designed for function and style With "new everything", from high-efficiency HVAC systems to modern finishes, stainless appliances and in unit laundry. The expected completion date is mid to late June 2026. This development features one upgraded unit that could serve as an owner's suite OR mid-term rental. A side door has been added for an optional outdoor deck. It also features an upgraded trim package. 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.

Listing Status:

Active

Data Last Updated:

April 3, 2026 at 12:19AM

Listing Office:

@properties : 317-902-3177

Listing Agent:

Daniel McNeal : 317-902-3177

MLS ID:

22091622

Interior

• Laundry: Connections All
• A/C: Central Air
• Heating: Forced Air

Exterior

• Style: Traditional

Construction

• Roofing: Asphalt
• General: TwoBlock

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Hadleys Grandview Add L29490625162013000101
• Current Use: Vacant

Financial

• Source: mibor