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About This Home
This land at 2902 N Capitol Avenue in Indianapolis, IN is listed for $499,900 (0.41 acres).
Shovel-ready multifamily opportunity on Indy's North Side. This 18,000 sq ft lot at 3902 N Capitol Ave is zoned D8 and fully approved for a 9-unit luxury condo project-a rare turnkey setup in a rapidly appreciating corridor. Plans include eight spacious 2-bed, 2-bath units plus a standout 3-bed, 3-bath penthouse.
Ideal for developers seeking a high-margin infill project with design and zoning hurdles already cleared. Utilities available at site, and construction estimates are ready for qualified buyers. Property highlights: 18,000 sq ft lot zoned D8 for multifamily use Approved plans for 9 upscale residential units Penthouse design with premium
layout and finishes All 2BR/2BA units designed for modern living Central location with easy access to downtown, Fall Creek, and major transit Walkable to Tarkington Park, Ivy Tech, and Butler-Tarkington area This section of Capitol Ave is attracting serious investment-and this project is poised to be part of that transformation. The hard part is done. Bring your builder and realize the upside. Price includes land and approved plans. Construction not included.
Key Features
- 0.41 acre lot
Location
2902 N Capitol Avenue
Indianapolis, IN 46208
Burton & Campbells Park Place Add
Questions & Answers
This 0-bedroom, 0-bathroom land at 2902 N Capitol Avenue is listed at $499,900. The estimated monthly payment is $2,166 based on 20% down at 6.5% interest.
Key features include: 0.41 acre lot.
This property is listed by Charlene Gaard and can be reached at 3174402149 or charlenegaard@aol.com.








