3701 Capitol Avenue, Indianapolis
3701 Capitol Avenue, Indianapolis, IN 46208
Purpose unavailable
$169,900
Property Details
Bedrooms
Bathrooms
N/A
Sq Ft
1920
Year Built
Additional Information
Home Features
Providence Property Group, PC
Central Indiana real estate services
Office
612 N Madison Ave
Greenwood, IN 46142
Call/Text
(317) 746-0616
garrettvaleu@providenceproperty.group
Description
An exceptional turn-key investment or premier "house-hacking" opportunity awaits at 3701 N Capitol Ave, a charming Indianapolis duplex packed with recent capital improvements. Capitalize on immediate rental income from one side currently generating $725/month, while utilizing the vacant, newly refreshed unit that features a fresh bathroom remodel (2024), a newer water heater (installed within the last 5 years), and a robust pro forma rental potential of $900-$950/month. The property features a whole-house exterior paint refresh (June 2026), alongside long-term mechanical peace of mind provided by a newer roof and a fully installed perimeter fence (both completed in 2018). Tenants and owner-occupants alike will appreciate the convenient off-street dedicated parking pad located directly behind the home via alley access, eliminating the hassle of street-only parking. Situated just minutes from downtown Indianapolis, this location offers unbeatable proximity to the heart of the city, bustling local shops, dining hotspots, and public transit, making it a stellar addition to any real estate portfolio or the perfect place to live for free while your tenant pays the mortgage.
Location
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3701 Capitol Avenue, Indianapolis, IN 46208
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Listing provided courtesy of Mina Kadhum at Trueblood Real Estate
Contact: mina@truebloodre.com
Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID
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