2181 N Capitol Avenue, Indianapolis, IN 46202

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
2181 N Capitol Avenue,Indianapolis, IN 46202
$250,000
  • 0.21 Acres
  • Lots / Land
  • Active
Listed by: matthew steed
Office: engel & volkers
MLS#:22068132
Source:IN_MIBOR

Price summary

  • Price:$250,000

About this home

Prime development opportunity just steps from the brand-new IU Health Downtown Hospital & Methodist Campus expansion. This 0.24-acre vacant lot (approximately 60 feet of frontage on Capitol by 150 feet of depth on 22nd) offers outstanding potential for multi-family development, ideal for townhomes, duplexes, or a small apartment or quadplex project. Situated within the Near North corridor, the property provides quick and easy access to Downtown Indianapolis, I-65 and I-70, and the 16th Street commercial corridor, making it highly desirable for residents seeking proximity to healthcare, education, and employment centers. The location places you within walking distance to IU Health's $1.6-billion hospital project opening in 2027, surrounded by ongoing redevelopment and strong housing demand. All city utilities are available nearby, and zoning (D-8) supports multifamily construction. With its central location, visibility, and strong rental and resale demand driven by the expanding

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Home facts

  • Listing ID #:22068132
  • Added:92 day(s) ago
  • Updated:January 16, 2026 at 05:28 AM

Structure and exterior

  • Lot area:0.21 Acres

Utilities

  • Water:Municipal Water Near By

Finances and disclosures

  • Price:$250,000
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