2226-2232 Central Ave 4 Unit Apartment Building $2,500,000 ($625,000/Unit) Indianapolis, IN 46205

ALO Property Group is pleased to present the opportunity to acquire a portfolio of four newly constructed, fully furnished, side-by-side townhomes located at 2226, 2228, 2230, and 2232 Central Avenue in the highly sought-after Fall Creek Place neighborhood of Indianapolis, Indiana. This offering represents a rare, turnkey short-term rental
investment in one of the city’s most vibrant and rapidly appreciating urban districts. Each townhome includes four bedrooms and four and a half bathrooms, featuring spacious open floor plans, modern finishes, stainless steel appliances, granite countertops, and en-suite bathrooms in every bedroom. Additional features include private, fenced-in backyards, detached two-car garages, and high-end furnishings throughout—all of which convey with the sale.
Strategically positioned just one mile from IU Health’s multi-billion-dollar medical campus in downtown Indianapolis, this portfolio benefits from strong demand drivers including hospitals, universities, major sporting events, and business travel. Ideal for traveling nurses, university affiliates, or leisure visitors, this asset offers immediate cash flow and long-term value with minimal upfront effort. With an influx of businesses, residents, and amenities, the demand for prime real estate has never been higher, and this offering presents a unique and timely chance to capitalize on the significant growth potential that lies on the immediate horizon.
This is a rare opportunity to acquire a stabilized, income-producing short-term rental portfolio in an established
neighborhood experiencing ongoing growth and development momentum