2407 N Capitol Avenue
Indianapolis, IN 46208
0
Bed
0
Bath
0.12Acre(Lot)
Step into a rare investment opportunity where style, flexibility, and income potential converge. This beautifully updated quadplex offers four fully furnished units, thoughtfully designed to maximize both comfort and revenue. Ideally located just moments from downtown nightlife, dining, and entertainment, the property benefits from consistently high occupancy driven by its prime location and boutique-style finishes. Current ownership has successfully operated the units as short-term rentals, demonstrating strong income performance with additional upside through a mix of short-term (STR) and mid-term rentals (MTR). The building features three well-appointed one-bedroom, one-bathroom single-level units, each recently upgraded with modern improvements. The fourth unit is a spacious two-bedroo
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: YesInterior Features
Roof: Shingle Laundry Features: Laundry ClosetRoofing Information
Shingle -
Flooring Information
Construction Materials: Brick -
Heating & Cooling
Heating: Forced Air Cooling: Window Unit(s)
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Building Information
Year Built: 1914 -
Exterior Features
Fire Pit, Balcony Construction Materials: Brick Foundation Details: Concrete Perimeter
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Lot Information
Lot Square Feet: 5280 Lot Acres: 0.12Property Information
Property Type: Residential Income Sub Type: Quadruplex Structure Type: Quadruplex
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Listing Price Information
Original List Price:$750000
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Tax Information
Tax Lot: L17 Tax Legal Description: Joseph W Becks Sub Add L17 Tax Year: 2024 Parcel Number: 490626108032000101
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Parking Information
DetachedGarage Information
Garage Space: 3
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Location Information
Subdivision: J W Becks Sub Rhodes City: Indianapolis Direction: GPS Friendly
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 3626 Salem Street, Indianapolis, IN, 46208 | $280,000 | -- | -- | -- | |
| 3960 N Illinois Street, Indianapolis, IN, 46208 | $399,999 | -- | -- | -- | |
| 36 W 56th Street, Indianapolis, IN, 46208 | $775,000 | -- | -- | -- | |
| 3502 - 3504 N Kenwood A.., Indianapolis, IN, 46208 | $215,000 | -- | -- | -- | |
| 3702 N Kenwood Avenue, Indianapolis, IN, 46208 | $175,000 | -- | -- | -- | |
| 3617 N Capitol Avenue, Indianapolis, IN, 46208 | $375,000 | -- | -- | -- | |
| 3701 N Capitol Avenue, Indianapolis, IN, 46208 | $179,900 | -- | -- | -- | |
| 3178 N Capitol Avenue, Indianapolis, IN, 46208 | $475,000 | -- | -- | -- | |
| 3021 Boulevard Place, Indianapolis, IN, 46208 | $130,000 | -- | -- | -- | |
| 4113 Graceland Avenue, Indianapolis, IN, 46208 | $363,750 | -- | -- | -- |
Similar Multifamily To 2407 N Capitol Avenue
Nearby For Sale
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ByOwner last updated this listing 06/23/2026 @ 06:20
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