REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Zachary Douglas • Canull Group LLC
$ 1,650,000
Est. payment | /mo
5,378 SqFt
$ 1,650,000
Est. payment | /mo
5,378 SqFt
Key Details
Property Type Commercial
Sub Type Multi-Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 5,378 sqft
Price per Sqft $306
MLS Listing ID 22071712
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi-Family 5+
Property Description
Proposed New Construction 8-Unit Townhome Project in Midtown Indianapolis Opportunity to invest in a new eight-unit development in Mapleton-Fall Creek, just minutes from the $4B IU Health Downtown Hospital (completion Dec 2027). This permit-ready project features eight modern, 2- and 3-bedroom townhomes ranging from ~1,300 SF. Flexible ownership via forthcoming Horizontal Property Regime (HPR) allows either individual sales or full property retention under one owner. Built by Paradigm Construction & Development, a local grassroots builder focused on quality and community revitalization. Parcels: 1) 2959 Ruckle St. - 1035815 2) 2953 Ruckle St. - 1063847 3) 2949 Ruckle St. - 1059415
Location
State IN
County Marion
Zoning D5
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
New Construction true
Schools
School District Indianapolis Public Schools
© 2025 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.
"I am committed to serving my clients for stress free transactions, while utilizing the latest technology available today! "