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2818 N Capitol Ave, Indianapolis, IN, 46208

4beds
4baths
2,320sqft
$655,000
$282price/sqft
$5,120/moest. monthly cost
$204,800/yrincome needed

About This Home

QUAD TURN KEY Furnished Rentals OFF-MARKET 4 Unit INVESTMENT OPPORTUNITY – INDIANAPOLIS 2818 N Capitol ave Indianapolis In 46208 This is your chance to own a cash-flowing 4-unit beauty in the heart of Indy! Each 1 bed / 1 bath unit is fully furnished, tenant-ready, and currently bringing in $7,000+ per month combined. Perfect for travel nurses, business pros, or short/medium-term rental investors looking for turnkey passive income. Highlights: 4 updated 1BR/1BA units Fully furnished, stylish interiors All units comes with Washer & Dryer Strong rental history & high demand Off-market deal – serious buyers only Price:$655k $6500 Non Refundable EMD Estimated Valuation Using Income Approach At 9% Cap Rate: $76,800 ÷ 0.09 = $853,000 At 10% Cap Rate: $86,400 ÷ 0.10 = $864,000 Price:$655k Looking for a hassle-free asset in one of the hottest real estate markets in the Midwest? for details, cash price & private walkthrough Send POF Pics Unit 1 https://photos.app.goo.gl/81Z799eAFbXY63Px9 Unit 2 https://photos.app.goo.gl/ojXby9bypEhng8tT8 Unit 3 https://photos.app.goo.gl/yGQNgqYrnzC5pVCm8 Unit 4 https://photos.app.goo.gl/Kxqh7sjNvQ3CFbuS9

Getting Around

29
WalkingCar-Dependent
29
TransitSome Transit
40
BikeSomewhat Bikeable

Schools

3/10
2/10
Shortridge High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1900

Materials

  • Foundation: Crawl/Raised
  • Roof: Shake / Shingle
  • Construction materials: Frame

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: 1-4 Units Residential

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range / Oven,Refrigerator,Washer
  • Laundry features: NoLaundry,Other

Basement

  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Flooring: Laminate

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 2,320 sqft

Property

Details

  • Parcel number: 490626190004000101

Features

  • Exterior features: Vinyl
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 5,401 sqft

Parking

  • Total spaces: 4
  • Parking features: Off-street