3701 N Capitol Avenue, Indianapolis, IN 46208

Indianapolis
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
3701 N Capitol Avenue,Indianapolis, IN 46208
$179,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mina kadhum
Office: trueblood real estate
MLS#:22108462
Source:IN_MIBOR

Price summary

  • Price:$179,900

About this home

An exceptional turn-key investment or premier "house-hacking" opportunity awaits at 3701 N Capitol Ave, a charming Indianapolis duplex packed with recent capital improvements. Capitalize on immediate rental income from one side currently generating $725/month, while utilizing the vacant, newly refreshed unit that features a fresh bathroom remodel (2024), a newer water heater (installed within the last 5 years), and a robust pro forma rental potential of $900-$950/month. The property features a whole-house exterior paint refresh (June 2026), alongside long-term mechanical peace of mind provided by a newer roof and a fully installed perimeter fence (both completed in 2018). Tenants and owner-occupants alike will appreciate the convenient off-street dedicated parking pad located directly behind the home via alley access, eliminating the hassle of street-only parking. Situated just minutes from downtown Indianapolis, this location offers unbeatable proximity to the heart of the city,...

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Home facts

  • Year built:1920
  • Listing ID #:22108462
  • Added:1 day(s) ago
  • Updated:June 17, 2026 at 02:48 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement, Unfinished

Heating and cooling

  • Cooling:Wall Unit(s), Window Unit(s)
  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1920
  • Lot area:0.1 Acres
  • Lot Features:Busline, Corner Lot, Curbs, Sidewalks
  • Architectural Style:Bungalow
  • Construction Materials:Wood Siding
  • Exterior Features:Lighting
  • Foundation Description:Block

Utilities

  • Sewer:Storm Sewer

Finances and disclosures

  • Price:$179,900
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