Multi-Family, Multi-Unit [8-Plex] | 3909 Winthrop Ave, Indianapolis, IN 46205
8377
Property ID
7,728 SqFt
Size
Description
3903 & 3909 Winthrop Ave
Brand-New [2024] 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
- Property ID 8377
- Price $1,824,000
- Property Type Duplex/Triplex/Fourplex
- Property status For Sale
- Year Built 2024
- Size 7,728 SqFt
- Label Updated
- Sellers Motivation New Build; For Sale (no tenants)
- Number of Units 8