IN > Indianapolis
Indianapolis, IN 46208,3178 N Capitol AVE
See all 18 photos
Indianapolis, IN 46208,3178 N Capitol AVE
Indianapolis, IN 46208,3178 N Capitol AVE
Indianapolis, IN 46208,3178 N Capitol AVE
Indianapolis, IN 46208,3178 N Capitol AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
24
Apr
Fri
25
Apr
Sat
26
Apr
Jennifer Funkhouser

Jennifer Funkhouser

+1(317) 752-3332
Listed by Mark Harris • CENTURY 21 Scheetz
$ 399,999
Est. payment /mo
Save Virtual Tour
Active

3178 N Capitol AVE Indianapolis, IN 46208

2,200 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $181

MLS Listing ID 22017010

Year Built 1925

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Multi-Family 5+

Property Description

CHARMING QUINTUPLE MULTI-UNIT PROPERTY! A PRIME INVESTMENT PROPERTY! Take a look at this well-maintained 5 unit-property, a fantastic opportunity for both investors and homeowners looking to generate rental income. Each of the five units offers spacious living with a comfortable living room, bedroom, and kitchen, along with separate entries for added convenience, safety and privacy. The property features several key updates, including new roof, windows, doors, electrical/plumbing, water heater and electric baseboard heating system all completed in 2022. Freshly painted interior creates a bright and inviting atmosphere- perfect for the renter's ambiance! With its attractive curb appeal, this property is sure to catch the eye of both tenants and visitors, Ideal for those looking to invest in a high demand rental property or offset living expenses. With each unit currently leased at $1000 per month (effective 1/4/25), the property promises a steady stream of income with a great CAP rate (10.95%)!With its prime location, low-maintenance and excellent rental income, this property is a rare find in Indianapolis. Don't miss out on this great opportunity.

Location

State IN

County Marion

Zoning D-8

Rooms

Basement Unfinished

Interior

Heating Forced Air, Gas

Cooling Central Electric

Fireplace N

Exterior

Garage Spaces 1.0

Utilities Available Cable Available, Electricity Connected, Gas Nearby, Gas

View Y/N true

Roof Type Asphalt,Shingle

Building

Story 1

Architectural Style TraditonalAmerican

Structure Type Aluminum Siding

New Construction false

Schools

Middle Schools Northwest Community Middle School

School District Indianapolis Public Schools

Others

Virtual Tour https://youtu.be/8BUAfGrofOc

MIBOR MLS
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.
agent

Jennifer Funkhouser

Broker | License ID: RB14052158

+1(317) 752-3332

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Funkhouser Liszak Team - REAL Broker, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

3178 N Capitol AVE