# 210 N State Avenue, Indianapolis, IN 46201 > **TL;DR:** 3bd/2ba multi-family, $475,000, built 2026. Est. $2,541/mo. Listed 71 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $475,000 | | Bedrooms | 3 | | Bathrooms | 2 full | | Year Built | 2026 | | Lot Size | 3,920 sqft (0.09 acres) | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 71 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,402 | | Estimated Insurance | $139 | | **Total** | **$2,541** | ## Nearby Schools - **High:** Arsenal Technical High School ## Property Highlights - Built in 2026 - 0.09 acre lot ## Description ### Agent Description New-construction duplex in the Cottage Home Historic District on Indianapolis's near eastside, just east of downtown and Mass Ave. The Lexington model offers two 3-bed/2-bath units of approximately 1,296 SF each. Projected rent of $1,800 per unit is supported by 3-bedroom comparables within 2 miles. Pro forma: $43,200 gross potential rent, $30,857 estimated NOI at 5% vacancy and 8% management. Tree-lined, walkable streets with a Conservation Plan guiding compatible new construction. Taxes and insurance are estimates; buyer to verify. This property is broker owned. ## Location - **Address:** 210 N State Avenue, Indianapolis, IN 46201 - **County:** Marion - **Neighborhood:** No Subdivision - **Coordinates:** 39.769261, -86.131009 - **Google Maps:** https://www.google.com/maps?q=39.769261,-86.131009 ## Listing Agent - **Name:** Alec Neu - **Brokerage:** Edward L Neu DBA Neu Real Estate Group - **Broker Phone:** (317) 710-9743 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/210-N-State-Ave_Indianapolis_IN_46201_M36620-62124?f=listhub&s=MIBORIN&m=22120744&c=propsimple) ## Photos ![210 N State Avenue - Photo 1](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f2531840294r.jpg) ![210 N State Avenue - Photo 2](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f3877070212r.jpg) ![210 N State Avenue - Photo 3](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f2253792579r.jpg) ![210 N State Avenue - Photo 4](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f1391539315r.jpg) ![210 N State Avenue - Photo 5](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f3033782168r.jpg) ![210 N State Avenue - Photo 6](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f3461772024r.jpg) ![210 N State Avenue - Photo 7](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f1768594854r.jpg) ![210 N State Avenue - Photo 8](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f2707074227r.jpg) ![210 N State Avenue - Photo 9](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f1478065123r.jpg) ![210 N State Avenue - Photo 10](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f4026790505r.jpg) ![210 N State Avenue - Photo 11](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f2315714630r.jpg) ![210 N State Avenue - Photo 12](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f2852094893r.jpg) ![210 N State Avenue - Photo 13](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f4084437482r.jpg) ![210 N State Avenue - Photo 14](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f3816559167r.jpg) ![210 N State Avenue - Photo 15](http://lh.rdcpix.com/1717ab6271651f5d1ab5d85270e12feel-f2230223842r.jpg) --- **MLS#:** 22120744 | **Updated:** 2026-10-27 **Source:** listhub *Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/210-n-state-avenue-indianapolis-in-46201-d706e4848446460cbd78fdfdba00bd05) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/210-n-state-avenue-indianapolis-in-46201-d706e4848446460cbd78fdfdba00bd05#listing", "url": "https://www.propertysimple.ai/listing/210-n-state-avenue-indianapolis-in-46201-d706e4848446460cbd78fdfdba00bd05", "name": "210 N State Avenue, Indianapolis, IN 46201", "description": "New-construction duplex in the Cottage Home Historic District on Indianapolis's near eastside, just east of downtown and Mass Ave. The Lexington model offers two 3-bed/2-bath units of approximately 1,296 SF each. 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