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2808 N Capitol Avenue Indianapolis, IN $ 400,000
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2808 N Capitol Avenue
$ 400,000
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2808 N Capitol Avenue

Indianapolis, IN, 46208
$ 400,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 2,763

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Multi-Family Home for sale in Indianapolis, IN

for $400,000. This home was built in 1900 on a lot size of 0.21.

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.

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Multi-Family Active

Price

$ 400,000

Property Type

Multi-Family

Taxes

$ 9,876

Style

Lot Size

0.21

Year Built

1900

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22126251
Features
General
Heating Forced Air
Cooling Central Air Separate Meters
Possession Closing Subject To Tenant Rights
Zoning D8
Garage Spaces 2
Architectural Style Other
Construction Materials Aluminum Siding
Year Built 1900
Tenant Pays All Utilities
View Downtown
Township Center
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Current Use Apt<20
County Marion
Net Operating Income 22104
Operating Expense 22443
New Construction N
Property Type Residential Income
Subdivision Name Burton & Campbells Park Place Add
Possible Use Residential
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
Number Of Units Total 4
MLS Area 4910 - Marion - Center
Lot Size Square Feet 9017
Property Attached Y/N N
Current Financing Exchange - 1031 Conventional FHA VA
Property Condition Updated/Remodeled
Structure Type Apartment Building
Standard Status Active
Tax Lot L58
Legal Description Burton Campbells Park Pl N 1/2 L58
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Exterior
Parking Features Detached
Lot Features Not Applicable
Lot Size Acres 0.21
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Interior
Basement (Y/N) Y
Laundry Features Common Laundry
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* Excluded Features
List By
@Properties

Broker

kris@atpropertiesind.com

Email

Affordability Calculator

$3,586
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,763
Monthly Property Taxes
$823
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
10/15/2026 $400,000 Listed Price

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2808 N Capitol Avenue, Indianapolis, IN, 46208 is a Multi-Family Home for sale at $400,000 with a lot size of 0.21. 2808 N Capitol Avenue has 0.0 baths and was built in 1900. The property's zip code is 46208 which is in Indianapolis, IN

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