Coventry Park & Mansfield Village — Sale in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Indianapolis, IN 46237

Photos

Coventry Park & Mansfield Village — Sale in Indianapolis, IN, photo 1 of 5
Coventry Park & Mansfield Village — Sale in Indianapolis, IN, photo 2 of 5
Coventry Park & Mansfield Village — Sale in Indianapolis, IN, photo 3 of 5
Coventry Park & Mansfield Village — Sale in Indianapolis, IN, photo 4 of 5
Coventry Park & Mansfield Village — Sale in Indianapolis, IN, photo 5 of 5

Description

Marcus & Millichap is pleased to present Coventry Park and Mansfield Village Townhomes, a two-site, 66-unit portfolio in Indianapolis’s south side. Coventry Park (30 Units) was constructed in 2008 while Mansfield Village (36 Units individually parceled) was constructed in 2004. Located approximately 15 minutes from each other, both locations have a nearly 50/50 mix of large 2-and 3-bedroom townhomes with attached one or two-car garages per unit. Each unit offers a spacious floor plan; either 1,335 square feet for two-bedrooms or 1,650 square feet for three-bedrooms. Additional features contain condo-quality living spaces with vaulted living room ceilings, full-size washer/dryer connections, walk-in closets, pantries, private patios, and private driveways with attached garages. Coventry Park Village and Mansfield Village Townhomes are located within the Southside Indianapolis submarket, offering excellent connectivity via I-65, and I-465, providing direct access to downtown Indianapolis, Greenwood, and the broader metro. The area is anchored by a deep and diverse employment base, including major logistics and distribution operators such as Amazon, FedEx, UPS, and DHL along the I-65 corridor, as well as leading corporate and healthcare employers including Eli Lilly and Company, IU Health, and Salesforce in downtown Indianapolis. This proximity to both blue-chip employers and major transportation infrastructure support a stable and growing workforce base. Indianapolis continues to benefit from steady population growth and net in-migration driven by affordability and job expansion, which has translated into consistent renter demand. The Southside submarket has experienced sustained rent growth fueled by strong absorption and limited new workforce housing supply, positioning well-located assets to capitalize on continued upward pressure on rents and durable long-term fundamentals. Coventry Park and Mansfield Village are well positioned in the market to experience signif

Market Context

This multifamily in Indianapolis, IN is listed for sale. Compare it against other multifamily listings for sale in Indianapolis, IN — view the full market.

As of Q4 2025, the Indianapolis multifamily market showed average asking rents near $1342.50/unit/mo. Source: multiple brokerage reports, Q4 2025.

Contact

Explore this market

Similar Multifamily Property for Sale in Indianapolis, IN