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2910 Mac Pherson Avenue

Indianapolis, IN 46205

PendingListed Jun 11, 2026 · 9 days on market

Key facts

Lot
0.13 acres
Year built
2026
Type
Residential Income · Quadruplex
Stories
Two
MLS #
22107322
County
Marion
Subdivision
Meadland Grandview
New construction
Yes

About this home

Brand-New 4-Unit Multifamily Quadplex in Monon Yard - in the permit stage. Construction will begin in June. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. This purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership. Each of the four units offers 983 square feet of well-planned living space, providing a highly rentable layout. With all units delivered new, 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. Drawings are in supplements. Photos are from a recently completed unit. Location Highlights: * Close proximity to the Monon Trail * Easy access to Downtown Indianapolis, Broad Ripple, IU Health 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. This is also an excellent opportunity for an owner occupant to reside in one unit and rent the others.

Description provided by the listing brokerage.

Interior

Laundry
Connections All
Condition
Under Construction

Exterior

Roof
Asphalt
Construction
Wood Siding
Foundation
Block
Style
Traditional

Systems

Heating
Forced Air
Cooling
Central Air

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$624 / yearTwice the semi-annual installment the listing reports.
Tax year
2024

Estimate your monthly payment

$3,712per month, estimated
Principal and interest $3,423Property tax $52Insurance $238
20% · $135,800
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.

Talk to a lender we trust
Listing Office:
@properties
Listing Office Phone:
317-489-3441
Listed by
Firm
@properties
Firm phone
317-489-3441
MLS #
22107322
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Listed at$679,000
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