226 N Randolph St

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Baths
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Sq. Ft.
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per Sq. Ft.

Description

Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Designed for long-term durability and low-maintenance ownership, the property supports market rents...Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Designed for long-term durability and low-maintenance ownership, the property supports market rents of approximately $1,750 per unit, delivering strong projected returns with minimal effort. Prime location near downtown amenities, job centers, dining, entertainment, and major highways ensures consistent rental demand and excellent portfolio stability. Ideal for 1031 buyers and out-of-state investors seeking a high-quality new construction asset with strong cash-flow and appreciation potential in a rapidly developing area.
  1. Listed by Nicole Crouch • Crossroads Realty, LLC
  2. Listed by Matthew Crouch

Property Details for 226 North Randolph Street

Subdivision Name
Willard Place
Township
Center
LISTING UPDATED: 11/24/2025 05:45 PM

Property Details for 226 North Randolph Street

StatusActive
MLS #22070536
Days on Market129
Taxes$189 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built2025
Lot Size0.13 AC / 5,662 SF
CountyMarion County

Location

Listing Courtesy of Crossroads Realty, LLC
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Building Information for 226 North Randolph Street

Stories-Residences2Year Built2025Building Size-Lot Size0.13 AC / 5,662 SF

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$2,464 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,432

Property Taxes

$32

HOA Dues

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Property Information for 226 North Randolph Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46201
  • Postal Code Plus4: 3830
  • Road Access: Frontage Road
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491006185004000101
  • Semi Annual Property Tax Amt: 189
  • Tax Year: 2024
  • TaxLot: 60
School Information
  • School District: Indianapolis Public Schools
Parking
  • Garage Spaces: 1.0
Property
Lot Information
  • Acreage: <1/4 Acre
  • Construction Stage: Completed
  • Current Use: Vacant
  • Lot Size Square Feet: 5489.0
  • Lot Size Acres: 0.13
  • New Construction: True
  • Year Built Numeric: 2025
  • Living Area Source: Plans
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Willard Place Add L60
  • Photos Count: 21
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
Interior and Exterior Features
Interior Features
  • Levels: One
Multi Family
Multi-Family Information
  • Total Units: 2
  • Garage Parking: 1 Car Garage, 1 Car Space
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 300
  • Unit Levels: 1
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Mobile/Manufactured Home
Mobile/Manufactured Home
  • Builder Name: Midwest Home Constru

Property History for 226 North Randolph Street

DateEvent & SourcePriceAppreciation
Oct 28, 2025

Listed (Active)

MIBORMLS #22070536

$499,000—
Sep 23, 2021

Sold (Public Record)

Public Record #1504980593

$25,000—
Aug 25, 2005

Expired

MIBORMLS #2510987

—
Feb 25, 2005

Expired

MIBORMLS #2448423

—
Feb 25, 2005

Listed (Active)

MIBORMLS #2510987

$7,500—
Aug 25, 2004

Listed (Active)

MIBORMLS #2448423

$7,500—
DateEvent & SourcePrice
10/28/2025

Listed (Active)

MIBORMLS #22070536

$499,000
09/23/2021

Sold (Public Record)

Public Record #1504980593

$25,000
08/25/2005

Expired

MIBORMLS #2510987

—
02/25/2005

Expired

MIBORMLS #2448423

—
02/25/2005

Listed (Active)

MIBORMLS #2510987

$7,500
08/25/2004

Listed (Active)

MIBORMLS #2448423

$7,500

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

Public Records for 226 North Randolph Street

Taxable ValueLand$15,900Additions-Total$15,900
Tax Record2024$377 ($31 / month)
Home Facts
Beds0Lot Size5,489 SqFtStyleResidentialYear Built1910CountyMARIONAPN49-10-06-185-004.000-101

Schools near 226 North Randolph 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
James Russell Lowell School 51
PublicPK to 6

Brookside School 54
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

226 North Randolph Street is a multi-family home for sale in Indianapolis, IN 46201. This property was listed for sale on October 28, 2025 by Crossroads Realty, LLC, it's currently listed at $499,000. It has been on the market for a total of 129 days and was last sold on September 23, 2021. This listing's school district is Indianapolis Public Schools. Nearby schools include James Russell Lowell School 51, Brookside School 54 and Thomas D. Gregg School 15. 226 North Randolph Street is a 0-bed, 0-bath, multi-family home built in 2025.

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 Crossroads Realty, LLC

Based on information submitted to the MLS GRID as of 11/24/2025 05:45 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.