37 N Beville Avenue, Indianapolis, IN 46201

Property Description

Brand New Construction Duplex! Strong Cash Flow & Upside Unit Mix: 2 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,680 (2x2) / $3,360 Gross Monthly Total Units: 2 Step into this new construction duplex in the revitalizing near eastside neighborhood, one of Indianapolis' fastest growing corridors for residential and mixed-use development. This turnkey asset is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Neighborhood highlights - The Near Eastside of Indianapolis presents a compelling investment opportunity driven by its proximity to downtown, active community, and increasing demand for affordable housing alternatives within the urban core. With a mix of legacy housing stock and infill development potential, the area is well-positioned for both cash-flowing assets and long-term appreciation. Strong tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable operating expenses. Why Invest in Indy? 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 1:19PM

Listing Office:

Neu Real Estate Group : 317-710-9743

Listing Agent:

Edward Neu : 317-710-9743

MLS ID:

22077787

Interior

• Laundry: Laundry Room

Construction

• General: Two

Location

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

Lot

• Zoning: Pickens Loftins & Wash St Add L16491006112032000101
• Current Use: ResidentialSee Remarks

Financial

• Source: mibor