Indianapolis, IN 46208,3178 N Capitol AVE
Indianapolis, IN 46208,3178 N Capitol AVE
Indianapolis, IN 46208,3178 N Capitol AVE
18
Listed by Mark Harris • CENTURY 21 Scheetz
$310,000
$399,999
22.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2,200 SqFt

3178 N Capitol AVE Indianapolis, IN 46208

Est. payment /mo
SOLD DATE : 06/20/2025

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $310,000

Property Type Commercial

Sub Type Multi-Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $140

MLS Listing ID 22017010

Sold Date 06/20/25

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, Natural Gas

Fireplace N

Exterior

Garage Spaces 1.0

Utilities Available Cable Available, Electricity Connected, Gas Nearby

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

Read Less


MIBOR MLS

GET MORE INFORMATION

agent

The Wischmeier Group

Broker

+1(812) 374-8680

Name
Phone*
Message