$1,824,000 USD
317-674-5031
3909 Winthrop Ave
Indianapolis, IN 46205
Fairgrounds
HIGHLIGHTS
- Adjacent to Monon Walking Trail.
- Constructed with top-tier materials for long-term durability and low maintenance.
- 5% annual appreciation potential in a thriving Indianapolis market.
- Ready-to-go asset with professional management options.
- Paradigm Construction & Development is just a 15-minute drive from each of the properties, ensuring timely support and a close hands-on approach
OVERVIEW
3903 & 3909 Winthrop Ave – Brand-New 8-Unit Multifamily Investment Opportunity
Turnkey investment opportunity featuring two newly constructed 4-plexes. Ideal for strategic investors seeking strong cash flow and modern, low-maintenance design.
Key Highlights:
Estimated Rental Income: $15,200/month
Cap Rate: 7%
NOI: $127,680 annually
Market Value: $2,000,000
Built with premium materials, including LP Smart Siding, for long-term durability and minimal upkeep. Completed on budget in just 8 months, this complex is a proven performer in today’s market.
Contact us today to secure this exceptional multifamily asset!
3909 Winthrop Ave's State Parcel #: 49-06-13-138-027.000-801
3903 Winthrop Ave's State Parcel #: 49-06-13-138-028.000-801
FOR SALE DETAILS
PRICE
$1,824,000 USD
PRICE/SF
$236 USD /SF
# OF UNITS
8
PRICE/UNIT
$228,000
CAP RATE
7%
% LEASED
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
[2024] Indianapolis, Multi-Family 4-Plex (2)
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
2024
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.27 AC
LAND SF
11,668 SF
ZONING
D8
APN/PARCEL ID
49-06-13-138-027.000-801,49-06-13-138-028.000-801
ASK ABOUT THIS PROPERTY
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317-674-5031
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317-674-5031
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