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$400,000

2808 N Capitol Avenue, Indianapolis IN, 46208

Price per sqftN/A
Built in1900
Property typeMulti-family
Courtesy of @properties, Kristin Glassburn Listing Contact:

Overview

Active

Listed Oct 15, 2026

Updated 26h ago

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.

$2,661/mo

Est. mortgage payment based on a $400,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22126251

Interior Features

Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.21 Acres

Other Property Details

Garage
Yes
View
Yes

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 4:11 AM UTC on 10/16/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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