239 E Caven St Indianapolis, IN 46225
Old Southside NeighborhoodEstimated payment $2,340/month
Highlights
- New Construction
- Traditional Architecture
- Laundry Room
About This Home
Attention investors and house hackers! Ground has just been broken on this brand-new upper/lower duplex in the highly desirable Bates-Hendricks neighborhood, just south of downtown Indianapolis. Each thoughtfully designed unit will feature an open-concept layout with a spacious living room, dining area, and kitchen, along with three bedrooms, two full baths, and a dedicated laundry room-ideal for today's renters. Located in one of Indy's fastest-growing areas, this property offers strong income potential, with projected rents ranging from $1,800 to $2,200 per month per unit. Estimated completion is set for late September, giving you the opportunity to secure a brand-new, low-maintenance asset before it hits the market. Whether you're looking to expand your investment portfolio or take advantage of a house-hacking opportunity by living in one unit and renting the other, this property checks all the boxes. Enjoy walkable access to the continued growth of Bates-Hendricks and just minutes from the dining, nightlife, and energy of nearby Fountain Square.
Listing Agent
F.C. Tucker Company Brokerage Email: rob.measel@talktotucker.com License #RB14022044 Listed on: 04/28/2026
Co-Listing Agent
F.C. Tucker Company Brokerage Email: rob.measel@talktotucker.com License #RB14047220
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $284
Year Built
- Built in 2026 | New Construction
Lot Details
- 3,528 Sq Ft Lot
Home Design
- Duplex
- Traditional Architecture
Interior Spaces
- 2-Story Property
- Laundry Room
Community Details
- Hildebrands Subdivision
Listing and Financial Details
- Tax Lot 36
- Assessor Parcel Number 491113104056005101
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $425,000 | +2733.3% | -- | |
| 02/23/2026 02/23/26 | Sold | $15,000 | -24.6% | -- | View Prior Sale |
| 02/06/2026 02/06/26 | Pending | -- | -- | -- | |
| 12/19/2025 12/19/25 | Price Changed | $19,900 | -20.1% | -- | |
| 11/18/2025 11/18/25 | Price Changed | $24,900 | -16.7% | -- | |
| 10/17/2025 10/17/25 | Price Changed | $29,900 | -22.3% | -- | |
| 09/16/2025 09/16/25 | Price Changed | $38,500 | -14.3% | -- | |
| 08/14/2025 08/14/25 | For Sale | $44,900 | -- | -- |
Source: MIBOR Broker Listing Cooperative®
MLS Number: 22098184
APN: 49-11-13-104-056.005-101
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Ask me questions while you tour the home.