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Listed by Mina Kadhum • Trueblood Real Estate
$169,900
Est. payment /mo
4,356 Sqft Lot
Active
3701 N Capitol AVE Indianapolis, IN 46208
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Subdivision John Trost
MLS Listing ID 22108462
Year Built 1920
Tax Year 2025
Lot Size 4,356 Sqft
Acres 0.1
Property Sub-Type Duplex
Property Description
An exceptional cash flow investment at 3701 N Capitol Ave - a charming Indianapolis duplex packed with recent capital improvements. Capitalize on immediate rental income generating $1,775/month with separate meters and tenant paid utilities. One unit has been newly refreshed featuring a fresh bathroom remodel (2024), a newer water heater (installed within the last 5 years) and re-stained flooring. 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 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.
Location
State IN
County Marion
Rooms
Basement Unfinished, Interior Entry
Interior
Heating Forced Air, Natural Gas
Cooling Wall Unit(s), Window Unit(s)
Fireplace N
Exterior
Exterior Feature Lighting
View Y/N true
View Neighborhood
Roof Type Shingle
Building
Story One
Foundation Block
Architectural Style Bungalow
Structure Type Wood Siding
New Construction false
Schools
School District Indianapolis Public Schools
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