# 2902 N Capitol Avenue, Indianapolis, IN 46208 > **TL;DR:** land, $469,900. Est. $2,513/mo. Listed 897 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $469,900 | | Lot Size | 17,860 sqft (0.41 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 897 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,376 | | Estimated Insurance | $137 | | **Total** | **$2,513** | ## Property Highlights - 0.41 acre lot ## Description ### Agent Description NEW PRICE - D8 MULTIFAMILY DEVELOPMENT OPPORTUNITY WITH ARCHITECTURAL PLANS INCLUDED! Offered at $469,900, this approximately 18,000-square-foot (.41-acre) cleared site on N Capitol Avenue provides an excellent opportunity for residential infill development just north of Downtown Indianapolis. The property was previously designed and permitted for a 9-unit luxury residential project featuring eight 2-bedroom/2-bath residences plus a 3-bedroom/3-bath penthouse. Seller owns the architectural plans, which are included with the sale. Previous permits have expired and buyer will be responsible for obtaining current approvals and permits; however, the completed plans provide a valuable head start for a developer evaluating the site. Convenient to Downtown, Fall Creek, Ivy Tech, Tarkington Park, Butler-Tarkington and major transportation corridors. Bring your builder and capitalize on the substantial planning already completed for this D8 multifamily site. Buyer to independently verify zoning, permitted density and uses, utilities, plans and all current development and permitting requirements. ## Location - **Address:** 2902 N Capitol Avenue, Indianapolis, IN 46208 - **County:** Marion - **Neighborhood:** Burton & Campbells Park Place Add - **Coordinates:** 39.808561, -86.161816 - **Google Maps:** https://www.google.com/maps?q=39.808561,-86.161816 ## Listing Agent - **Name:** Charlene Gaard - **Brokerage:** NO LIMIT Real Estate, LLC - **Broker Phone:** (317) 440-2149 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2902-N-Capitol-Ave_Indianapolis_IN_46208_M94528-18228?f=listhub&s=MIBORIN&m=21979922&c=propsimple) ## Photos ![2902 N Capitol Avenue - Photo 1](http://lh.rdcpix.com/7b3664b843359a3523c343468cbc0756l-f110661069r.jpg) ![2902 N Capitol Avenue - Photo 2](http://lh.rdcpix.com/7b3664b843359a3523c343468cbc0756l-f2525983626r.jpg) ![2902 N Capitol Avenue - Photo 3](http://lh.rdcpix.com/7b3664b843359a3523c343468cbc0756l-f4174391369r.jpg) ![2902 N Capitol Avenue - Photo 4](http://lh.rdcpix.com/7b3664b843359a3523c343468cbc0756l-f11364575r.jpg) ![2902 N Capitol Avenue - Photo 5](http://lh.rdcpix.com/7b3664b843359a3523c343468cbc0756l-f3989942592r.jpg) ![2902 N Capitol Avenue - Photo 6](http://lh.rdcpix.com/7b3664b843359a3523c343468cbc0756l-f2124585994r.jpg) ![2902 N Capitol Avenue - Photo 7](http://lh.rdcpix.com/7b3664b843359a3523c343468cbc0756l-f997937535r.jpg) --- **MLS#:** 21979922 | **Updated:** 2026-10-20 **Source:** listhub *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.* [View on PropertySimple](https://www.propertysimple.ai/listing/2902-n-capitol-avenue-indianapolis-in-46208-e9ba94e929cc44dea89585fe3fb90d6c) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/2902-n-capitol-avenue-indianapolis-in-46208-e9ba94e929cc44dea89585fe3fb90d6c#listing", "url": "https://www.propertysimple.ai/listing/2902-n-capitol-avenue-indianapolis-in-46208-e9ba94e929cc44dea89585fe3fb90d6c", "name": "2902 N Capitol Avenue, Indianapolis, IN 46208", "description": "NEW PRICE - D8 MULTIFAMILY DEVELOPMENT OPPORTUNITY WITH ARCHITECTURAL PLANS INCLUDED! 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