226 N Randolph Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 226 N Randolph St, Indianapolis, IN 46201, USA
Chicago & Midwest + 2-4 Units
Created date: October 28, 2025
Date last updated: September 18, 2026
Price: $449,999Investment Analyzer NEW!

Property Description

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $449,999
No. of Units: 2
Year Built: 2025
Opportunity Zone: No
Price per unit: $225,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 226 N Randolph Street, Indianapolis, IN 46201, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

190 W Dale Avenue

Muskegon, Michigan
Chicago & Midwest + 2-4 Units
Units: 3
Price: $179,900

822 NE Carrier Creek Boulevard NE

Grand Rapids, Michigan
Chicago & Midwest + 2-4 Units
Units: 4
Price: $650,000

1758 NE Coit Avenue NE

Grand Rapids, Michigan
Chicago & Midwest + 2-4 Units
Units: 2
Price: $285,000

Brokers

View All

Lenders

View All