This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Active
Price cut: $25K (7/17)
$725,000
2407 N Capitol Ave, Indianapolis, IN 46208
5beds
4baths
--sqft
Est.:
Multi Family, Quadruplex
Built in 1914
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 98 days
- on Zillow |
- 210 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 09:21am
Listing Provided by:
Cory Gardner 260-705-7325,
Gardner Property Group
Source: MIBOR as distributed by MLS GRID,MLS#: 22037091

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Main level bathrooms: 5
Cooling
- Separate Meters
Appliances
- Laundry: Connections All
Features
- Has basement: Yes
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Garage spaces: 3
- Details: Unit Parking(2 Car Garage, On Street)
Features
- Levels: Three Or More
- Fencing: Fenced,Full
Lot
- Size: 5,227.2 Square Feet
- Features: Access, Busline, Sidewalks
Details
- Parcel number: 490626108032000101
Construction
Type & style
- Home type: MultiFamily
- Architectural style: A-Frame
- Property subtype: Multi Family, Quadruplex
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1914
Community & HOA
Community
- Security: Fire Alarm, Smoke Alarm, Security System
- Subdivision: J W Becks Sub Rhodes
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $361,600
- Annual tax amount: $3,280
- Date on market: 5/16/2025
- Loading
- Loading