About This Home

This 4-bedroom, 2-bathroom multi-family at 2808 N Capitol Avenue in Indianapolis, IN is listed for $400,000. Built in 1900, on a 0.21 acres lot.

Key Features

  • Built in 1900
  • 0.21 acre lot
  • 2 stories

Property Details

2 stories
2 full
2-car garage
1900

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

2808 N Capitol Avenue

Indianapolis, IN 46208

Burton & Campbells Park Place Add

Property Details

Construction

Aluminum Siding

Heating

Forced Air

Cooling

Separate MetersCentral Air

Questions & Answers

This 4-bedroom, 2-bathroom multi-family at 2808 N Capitol Avenue is listed at $400,000. The estimated monthly payment is $2,140 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.21 acre lot, 2 stories.

This property is listed by Kristin Glassburn.

KG

Kristin Glassburn

Agent at Plat Collective

Listed by Plat Collective · Broker phone: (317) 489-3441 · View on Broker Site

MLS# 22126251· Source: Broker Listing Cooperative®· 14 days on PropertySimple

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2808 N Capitol Avenue, Indianapolis, IN 46208

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