3850 N Capitol Avenue, Indianapolis, IN 46208

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
3850 N Capitol Avenue,Indianapolis, IN 46208
$395,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:morgan thompson
Office:berkley & state, llc.
MLS#:22055648
Source:IN_MIBOR

Price summary

  • Price:$395,000

About this home

ATTENTION INVESTORS & HOUSE-HACKERS: "Nearly new" duplex nestled in the heart of the highly desirable Butler-Tarkington neighborhood-just minutes from Butler University, the Indianapolis Art Center, and blocks from Melody Inn Bar, Tea's Me Cafe, and Tarkington Park. This massive duplex was taken down to the studs in late 2022 and thoughtfully rehabbed for low maintenance living. Each side features 3 generously sized bedrooms and 1.5 updated bathrooms. The units features durable luxury vinyl plank flooring, beautifully renovated kitchens, and bathrooms with tiled showers. Each unit is equipped with its own washer and dryer for added convenience, and private fenced-in backyards provide a peaceful outdoor escape. Major systems including the roof, electrical, plumbing, HVAC, water heaters, and appliances are approx 3 years old, making this a true low-maintenance investment. Unit 3848 is currently extremely under-rented at $1,395/month through 9/1/26. Unit 3850 is VACANT and easy to be

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Home facts

  • Year built:1925
  • Listing Id #:22055648
  • Added:6 day(s) ago
  • Updated:August 10, 2025 at 11:38 PM

Heating and cooling

  • Cooling:Central Electric
  • Heating:Heat Pump

Structure and exterior

  • Roof:Shingle
  • Year built:1925
  • Lot area:0.12 Acres

Finances and disclosures

  • Price:$395,000