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3178 N Capitol Avenue, Indianapolis, IN 46208

Indianapolis
Local realty services provided by:CENTURY 21 Scheetz
3178 N Capitol Avenue,Indianapolis, IN 46208
$470,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: alyssa burton
Office: inspired realty
MLS#:22122004
Source:IN_MIBOR

Price summary

  • Price:$470,000

About this home

5-unit investment property, 100% occupied and newly renovated. Appraisal value $490,000 June 2026 before rent increases. This turnkey opportunity currently generates $6035 per month with long-term tenants in place. Unit turns have been completed on all units, and the property features all new siding. Basement offers additional income potential through future laundry and/or tenant storage or building out additional units.

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Home facts

  • Year built:1925
  • Subdivision & Development:Topps Garden Place
  • Listing ID #:22122004
  • Added:1 day(s) ago
  • Updated:August 24, 2026 at 10:41 PM

Rooms and interior

  • Basement:Yes
  • Basement Description:Basement

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1925
  • Lot area:0.12 Acres
  • Lot Features:Busline, Corner Lot, Sidewalks
  • Construction Materials:Aluminum Siding

Finances and disclosures

  • Price:$470,000
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