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… Read More 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. Read Less
Courtesy of Trueblood Real Estate, 317-374-6055.
Listing Snapshot
Days Online
42
Last Updated
Property Type
Duplex
Lot Size
0.1 Acres
Year Built
1920
MLS Number
22108462
30 Days Snapshot Of 46208
$453k
+64%
(avg) sold price
31
+14%
homes sold
108
+31%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Description: Unfinished, Interior Entry
Building
Architecture: Bungalow, Construction Materials: Wood Siding, Levels: One, Year Built: 1920
The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. 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.”
Based on information submitted to the MLS GRID as of ,
Confirm your time
Fill in your details and we will contact you to confirm a time.