2902 N Capitol Avenue, Indianapolis, IN 46208

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
2902 N Capitol Avenue,Indianapolis, IN 46208
$499,900
  • 0.41 Acres
  • Lots / Land
  • Active
Listed by: charlene gaard, robert gaard
Office: no limit real estate, llc.
MLS#:21979922
Source:IN_MIBOR

Price summary

  • Price:$499,900

About this home

Shovel-ready multifamily opportunity on Indy's North Side. This 18,000 sq ft lot at 3902 N Capitol Ave is zoned D8 and fully approved for a 9-unit luxury condo project-a rare turnkey setup in a rapidly appreciating corridor. Plans include eight spacious 2-bed, 2-bath units plus a standout 3-bed, 3-bath penthouse. Ideal for developers seeking a high-margin infill project with design and zoning hurdles already cleared. Utilities available at site, and construction estimates are ready for qualified buyers. Property highlights: 18,000 sq ft lot zoned D8 for multifamily use Approved plans for 9 upscale residential units Penthouse design with premium layout and finishes All 2BR/2BA units designed for modern living Central location with easy access to downtown, Fall Creek, and major transit Walkable to Tarkington Park, Ivy Tech, and Butler-Tarkington area This section of Capitol Ave is attracting serious investment-and this project is poised to be part of that

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Home facts

  • Listing ID #:21979922
  • Added:649 day(s) ago
  • Updated:February 25, 2026 at 03:52 PM

Structure and exterior

  • Lot area:0.41 Acres

Finances and disclosures

  • Price:$499,900
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