Indianapolis, IN 46205,2954 MacPherson AVE
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Indianapolis, IN 46205,2954 MacPherson AVE
Indianapolis, IN 46205,2954 MacPherson AVE
Indianapolis, IN 46205,2954 MacPherson AVE
Indianapolis, IN 46205,2954 MacPherson AVE
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Randy Worrell

Randy Worrell

+1(317) 590-5709
Listed by Daniel McNeal • @properties
$ 679,000
Est. payment /mo
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Active

2954 MacPherson AVE Indianapolis, IN 46205

5,662 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Meadland Grandview

MLS Listing ID 22074457

Year Built 2026

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Quadruplex

Property Description

Brand-New 4-Unit Multifamily Building in Monon Yard - Under Construction. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. Currently under construction, 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, 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.

Location

State IN

County Marion

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Roof Type Asphalt

Building

Story Two

Foundation Block

Architectural Style Traditional

Structure Type Wood Siding

New Construction true

Schools

School District Indianapolis Public Schools

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

NEARBY SCHOOLS & PROPERTIES

SCHOOLSPROPERTIES
Elementary Schools 20
  • 8

    Paramount School of Excellence

    Public | KG - 8

  • 6

    Center For Inquiry School 2

    Public | KG - 8

  • 6

    Rousseau Mc Clellan 91

    Public | KG - 8

  • 6

    The Challenge Foundation Academy

    Public | KG - 5

  • 4

    Theodore Potter School 74

    Public | KG - 6

  • 4

    Kipp Indpls College Preparatory

    Public | 5 - 8

  • 3

    William a Bell School 60 Reggio Academy

    Public | PK - 3

  • 3

    Mary E Nicholson School 70

    Public | KG - 5

  • 2

    Riverside School 44

    Public | PK - 6

  • 2

    Indiana School for the Deaf

    Public | PK - 12

  • 2

    Thomas D. Gregg Elementary School 15

    Public | PK - 6

  • 1

    Elder W Diggs School 42

    Public | PK - 6

  • 1

    James Whitcomb Riley School 43

    Public | KG - 8

  • 1

    Louis B Russell Jr School 48

    Public | PK - 6

  • 1

    Washington Irving School 14

    Public | PK - 6

  • 1

    Francis Parker Montessori School 56

    Public | PK - 8

  • 1

    IPS Butler University Laboratory School 55

    Public | PK - 8

  • 1

    Joyce Kilmer School 69

    Public | KG - 6

  • 1

    Brookside School 54

    Public | KG - 6

  • 1

    James Russell Lowell School 51

    Public | PK - 6

Middle Schools 7
  • 1

    H L Harshman Middle School

    Public | 7 - 8

  • 0

    Crispus Attucks Med Mgnt Jr High School

    Public | 6 - 8

  • 0

    Carpe Diem - Meridian Campus

    Public | 6 - 12

  • 0

    Shortridge Law & Pub Pol Mag Jr High School

    Public | 6 - 8

  • 0

    Indiana Virtual School

    Public | 6 - 12

  • 0

    Tindley Collegiate Academy

    Public | 6 - 8

  • 0

    Tindley Preparatory Academy

    Public | 6 - 8

High Schools 5
  • 10

    Herron High School

    Public | 9 - 12

  • 5

    Crispus Attucks Medical Magnet High School

    Public | 9 - 12

  • 5

    Charles a Tindley Accelerated School

    Public | 9 - 12

  • 4

    Shortridge Law & Public Plcy Mg High School

    Public | 9 - 12

  • 1

    Arsenal Technical High School

    Public | 9 - 12

School and business data provided by Attom Data.
Randy Worrell

Randy Worrell

Broker

+1(317) 590-5709

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2954 MacPherson AVE