Primary listing photo
Listing photo 2

2737 Columbia Ave, Indianapolis, IN, 46205

3beds
3baths
--sqft
$825,000
--price/sqft
$6,546/moest. monthly cost
$261,840/yrincome needed

About This Home

Proposed New Construction 4-Plex | Monon Yard Introducing a brand-new 4-unit investment opportunity in the highly desirable Monon Yard neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1,320 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,750 per unit, this property generates strong returns and is ideal for owner-occupants, investors, or house hackers looking to capitalize on Indianapolis's continued growth. Built by Paradigm Construction & Development, a respected local builder committed to quality, transparency, and community impact. Perfectly located just minutes from the $4 billion IU Health Downtown Hospital (scheduled for completion in December 2027) and close to the Monon Trail, Fall Creek Greenway, and Midtown dining and retail, this property combines walkability, convenience, and long-term appreciation potential. Estimated completion: Approximately 7 months from closing and first construction draw. Reach out directly for full specifications, construction timeline, and builder options.

Getting Around

37
WalkingCar-Dependent
40
TransitSome Transit
65
BikeBikeable

Schools

3/10
2/10
Shortridge High SchoolGrades 9-121.3 mi
4/10

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2026

Other

  • Builder name: Paradigm Constr.

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Quadruplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Property

Details

  • Parcel number: 490730123059000101

Lot

  • Lot size: 5,662 sqft