1706 Ingram St

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Baths
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— / Sq. Ft.
—
Sq. Ft.
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per Sq. Ft.

Description

Turnkey New Construction Duplex! Strong Cash Flow & Upside. The Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,793 (3x2) / $3,586 Gross Monthly Total. Units: 2. Step into this new construction duplex in the revitalizing Martindale/Brightwood neighborhood, one of Indianapolis' fastest-growing corridors for residential and mixed-use development. This turnkey asset is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Martindale-Brightwood is a...Turnkey New Construction Duplex! Strong Cash Flow & Upside. The Unit Mix: 3 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,793 (3x2) / $3,586 Gross Monthly Total. Units: 2. Step into this new construction duplex in the revitalizing Martindale/Brightwood neighborhood, one of Indianapolis' fastest-growing corridors for residential and mixed-use development. This turnkey asset is designed for strong cash flow, long-term appreciation, and excellent tax advantages. Martindale-Brightwood is a historically significant neighborhood undergoing a visible transformation as public and private investment flows into this near-downtown enclave. Bordered by Fall Creek to the west and Interstate 70 to the south, the area offers strong locational fundamentals-just minutes from the Bottleworks District, Mass Ave, and IU Health's expanding downtown campus. Long overlooked by institutional capital, Martindale-Brightwood is now a focus area for infill residential development, community revitalization efforts, and scalable investment opportunities. This neighborhood is primed for investors seeking long-term upside in emerging urban markets with strong affordability metrics and barriers to entry in nearby submarkets. Strong tenant demand driven by workforce housing, student housing, and new amenities. Consistent rent growth projected with stable expense load. Why Invest Here? This duplex offers investors: 1. New construction peace of mind - minimal maintenance, modern finishes. 2. Attractive returns in a market with limited new build inventory. 3. Generous depreciation & tax benefits to offset income. 4. A prime position in a neighborhood with rising property values and planned redevelopment. Reach out to our Investment team - 7655252161.
  1. Listed by Edward Neu • Neu Real Estate Group

Property Details for 1706 Ingram Street

Subdivision Name
I Fletchers Oak Hill
Township
Center
Waterfront
No
LISTING UPDATED: 01/30/2026 05:03 PM

Property Details for 1706 Ingram Street

StatusActive
MLS #22080143
Days on Market16
Taxes$53 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2026
Lot Size0.12 AC / 5,227 SF
CountyMarion County

Location

Listing Courtesy of Neu Real Estate Group
Add your commute

Building Information for 1706 Ingram Street

Stories-Residences2Year Built2026Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$2,129 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,120

Property Taxes

$9

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1706 Ingram Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46218
  • Road Access: Street Cuts
  • Road Frontage Type: City Street
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Parcel Number: 490731198092000101
  • Semi Annual Property Tax Amt: 53
  • Tax Year: 2024
  • TaxLot: Lot 251
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Construction Stage: Permit on File,See Remarks
  • Current Use: Residential, See Remarks
  • Lot Size Square Feet: 5314.0
  • Lot Size Acres: 0.12
  • New Construction: True
  • Possible Use: Residential, See Remarks
  • Year Built Numeric: 2026
  • Living Area Source: Builder
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: I Fletchers Sub L251
  • Photos Count: 11
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Road Surface Type: Asphalt
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Basement YN: No
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 7632
  • Gross Income: $43,032.00
Unit 1
  • Unit Kitchen: 138
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Mobile/Manufactured Home
Mobile/Manufactured Home
  • Builder Name: IPA

Property History for 1706 Ingram Street

DateEvent & SourcePriceAppreciation
Jan 15, 2026

Listed (Active)

MIBORMLS #22080143

$435,000—
Jan 1, 2026

Expired

MIBORMLS #22051416

—
Nov 17, 2025

Price Change

MIBORMLS #22051416

$435,000—
Oct 1, 2025

Price Change

MIBORMLS #22051416

$405,000—
Jul 17, 2025

Listed (Active)

MIBORMLS #22051416

$425,000—
Jun 20, 2025

Sold (Public Record)

Public Record #1908138821

$35,000—
Jun 20, 2025

Sold

MIBORMLS #21931271

$35,000—
Jul 8, 2024

Expired

MIBORMLS #21931271

—
Jul 8, 2023

Listed (Active)

MIBORMLS #21931271

$159,000—
Jul 15, 2022

Expired

MIBORMLS #21800794

—
Jul 20, 2021

Listed (Active)

MIBORMLS #21800794

$85,000—
Jul 5, 2021

Expired

MIBORMLS #21770433

—
Jul 4, 2021

Withdrawn

MIBORMLS #21770433

—
Mar 9, 2021

Listed (Active)

MIBORMLS #21770433

$85,000—
Oct 10, 2020

Expired

MIBORMLS #21704511

—
Apr 10, 2020

Listed (Active)

MIBORMLS #21704511

$95,000—
Apr 9, 2020

Expired

MIBORMLS #21688931

—
Jan 10, 2020

Listed (Active)

MIBORMLS #21688931

$95,000—
Jul 9, 2015

Expired

MIBORMLS #21306323

—
Jul 28, 2014

Listed (Active)

MIBORMLS #21306323

$5,000—
DateEvent & SourcePrice
01/15/2026

Listed (Active)

MIBORMLS #22080143

$435,000
01/01/2026

Expired

MIBORMLS #22051416

—
11/17/2025

Price Change

MIBORMLS #22051416

$435,000
10/01/2025

Price Change

MIBORMLS #22051416

$405,000
07/17/2025

Listed (Active)

MIBORMLS #22051416

$425,000
06/20/2025

Sold (Public Record)

Public Record #1908138821

$35,000
06/20/2025

Sold

MIBORMLS #21931271

$35,000
07/08/2024

Expired

MIBORMLS #21931271

—
07/08/2023

Listed (Active)

MIBORMLS #21931271

$159,000
07/15/2022

Expired

MIBORMLS #21800794

—
07/20/2021

Listed (Active)

MIBORMLS #21800794

$85,000
07/05/2021

Expired

MIBORMLS #21770433

—
07/04/2021

Withdrawn

MIBORMLS #21770433

—
03/09/2021

Listed (Active)

MIBORMLS #21770433

$85,000
10/10/2020

Expired

MIBORMLS #21704511

—
04/10/2020

Listed (Active)

MIBORMLS #21704511

$95,000
04/09/2020

Expired

MIBORMLS #21688931

—
01/10/2020

Listed (Active)

MIBORMLS #21688931

$95,000
07/09/2015

Expired

MIBORMLS #21306323

—
07/28/2014

Listed (Active)

MIBORMLS #21306323

$5,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1706 Ingram Street

Taxable ValueLand$4,500Additions-Total$4,500
Tax Record2024$107 ($9 / month)
Home Facts
Beds0Lot Size5,314 SqFtStyleResidentialZoningZO01CountyMARIONAPN49-07-31-198-092.000-101

Schools near 1706 Ingram Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - PK to 6
Rating
School
Distance
Washington Irving School 14
PublicPK to 6

James Russell Lowell School 51
PublicPK to 6

Thomas D. Gregg School 15
PublicPK to 6

Anna Brochhausen School 88
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1706 Ingram Street is a multi-family home for sale in Indianapolis, IN 46218. This property was listed for sale on January 15, 2026 by Neu Real Estate Group, it's currently listed at $435,000. It has been on the market for a total of 16 days and was last sold on June 20, 2025. This listing's school district is Indianapolis Public Schools. Nearby schools include Washington Irving School 14, James Russell Lowell School 51 and Thomas D. Gregg School 15. 1706 Ingram Street is a 0-bed, 0-bath, multi-family home built in 2026.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Neu Real Estate Group

Based on information submitted to the MLS GRID as of 01/30/2026 05:03 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.