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2018 Rembrandt Street, located in the Near Westside neighborhood of Indianapolis offers promising opportunities for real estate investment, particularly as it undergoes revitalization. Located just west of downtown, this area benefits from proximity to key urban centers, making it appealing for investors targeting rental properties, especially within the multifamily and build-to-rent sectors. The neighborhood is positioned as a high-potential market for real estate investors, especially those focused on long-term appreciation and rental income. With continued development and rising demand for affordable housing, the area presents opportunities for those willing to navigate its challenges and capitalize on future growth.

Investment Potential: The Near Westside’s proximity to downtown Indianapolis, along with key employers such as the Indiana University Health Medical District, supports demand for rental housing. This is particularly attractive for build-to-rent and turn-key multifamily investors. The city has initiated various infrastructure upgrades, including public transportation and road improvements, making the area more accessible. Additionally, planned and ongoing mixed-use developments signal increased interest in the neighborhood.

Asking Price: $425,000

Estimated Gross Monthly Rent: $3,886 - $1,943 per Unit

Unit Mix: Two Three-Bedroom Two-Bathroom Units - 1,250 Square Feet per Unit

415 N Dequincy Street, Located in Tuxedo Park is a charming and historic neighborhood located in the northern part of Indianapolis, known for its well-preserved mid-century architecture, lush green spaces, and vibrant community atmosphere. As a highly desirable residential area, Tuxedo Park offers a unique blend of classic charm and modern amenities, making it an attractive option for homebuyers and real estate investors alike. The real estate market in Tuxedo Park has seen steady appreciation over recent years. Property values reflect the neighborhood's desirability, with well-maintained homes often commanding premium prices. The market is characterized by a mix of mid-century homes and newer developments, contributing to a diverse range of property values.

Investment Potential: For real estate investors, Tuxedo Park presents an attractive opportunity due to its stable property values, low inventory, and strong demand. Investors can benefit from the neighborhood's appreciation potential and the rental market, given the area's appeal to families and professionals.

Price: $395,000

Estimated Gross Monthly Rent: $3,536 - $1,768 per Unit

Unit Mix: Two Three-Bedroom Two-Bathroom Units - 1,250 Square Feet per Unit

2950 Winthrop Avenue, Located in the Near Northside has become a focal point for revitalization and investment, attracting interest from developers, investors, and homebuyers alike. With an increasing demand for affordable and workforce housing near downtown, the area offers unique opportunities for real estate investors looking for both residential and commercial projects.

Investment Potential: Due to ongoing revitalization efforts and proximity to the downtown core, property values in the Near Northside are expected to appreciate over time. Investors who purchase now could benefit from long-term value appreciation as the neighborhood continues to improve. Many homes in the Near Northside were built in the early 20th century, which presents value-add opportunities for investors willing to renovate. Investors can take advantage of lower property costs to remodel and resell homes or convert them into high-demand rental units. Due to its proximity to downtown Indianapolis and nearby universities, the Near Northside has strong rental demand, particularly for affordable housing. Investors can find turnkey rental properties that provide consistent cash flow, with a growing renter pool seeking urban living without the higher costs of downtown.

Price: $475,000

Estimated Gross Monthly Rent: $3,936 - $1,968 per Unit

Unit Mix: Two Three-Bedroom Two-Bathroom Units - 1,250 Square Feet per Unit

Neu Real Estate Group I 6330 E 75th St, Ste 100, Indianapolis, IN