2808 N Capitol Avenue, Indianapolis, IN 46208

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
2808 N Capitol Avenue,Indianapolis, IN 46208
$400,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: kristin glassburn
Office: @properties
MLS#:22126251
Source:IN_MIBOR | Licensed in Indiana

Price summary

  • Price:$400,000

About this home

FOURPLEX - All four units are 2 bed / 1 bath, with a mix of long-term and short-term income. Less than a mile from IU Health's new hospital opening in 2027, this is a great opportunity: value + transition from LTR to STR. Currently, units 1, 2, and 3 are leased long-term while unit 4 runs as a furnished successful rental! Tenants pay their own electric and gas, which are separately metered for each unit. Water and sewer are on one meter with bill back. Operating statements and pro forma available upon request.

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Home facts

  • Year built:1900
  • Subdivision & Development:Burton & Campbells Park Place Add
  • Listing ID #:22126251
  • Added:17 day(s) ago
  • Updated:November 02, 2026 at 11:35 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Cooling:Central Electric, Separate Meters
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1900
  • Lot area:0.21 Acres
  • Construction Materials:Aluminum Siding

Utilities

  • Water:Water

Finances and disclosures

  • Price:$400,000

Parking

  • Garage:Yes
  • Garage spaces:2
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