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226 N Randolph Street

Indianapolis, IN 46201

ActiveListed Oct 28, 2025 · 256 days on market

Key facts

Lot
0.13 acres
Year built
2025
Type
Residential Income · Duplex
Stories
One
Garage
1 space
MLS #
22070536
County
Marion
Subdivision
Willard Place
New construction
Yes

About this home

Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Designed for long-term durability and low-maintenance ownership, the property supports market rents of approximately $1,750 per unit, delivering strong projected returns with minimal effort. Prime location near downtown amenities, job centers, dining, entertainment, and major highways ensures consistent rental demand and excellent portfolio stability. Ideal for 1031 buyers and out-of-state investors seeking a high-quality new construction asset with strong cash-flow and appreciation potential in a rapidly developing area.

Description provided by the listing brokerage.

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$378 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$2,457per month, estimated
Principal and interest $2,268Property tax $32Insurance $157
20% · $90,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$449,999
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