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Active
  • Price cut: $25K (7/17)
    $725,000

    2407 N Capitol Ave, Indianapolis, IN 46208

    5beds
    4baths
    --sqft
    : 
    Multi Family, Quadruplex
    Built in 1914
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    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#: 22037091MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2407 N Capitol Ave.

    Next available tour time:Tomorrow at 11am

    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
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