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3701 N Capitol Avenue, 
Indianapolis, IN 46208

$179,900

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Mina Kadhum

Trueblood Real Estate

317-288-5148

Last updated:

June 23, 2026, 10:45 PM

MLS#

22108462

Source:

IN MIBOR

About This Home

3701 N Capitol Avenue

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.

Home Facts

Multi-Family

Built in 1920

Price Summary

179,900

MLS #:

22108462

Last Updated:

June 23, 2026, 10:45 PM

Added:

10 day(s) ago

Structure

Structure

Architectural Style:

Bungalow

Year Built:

1920

Lot

Lot Size (Sq. Ft):

4,356

Finances & Disclosures

Finances

Price:

$179,900

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.