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Indianapolis, IN 46208 2407 N Capitol Avenue

$750,000

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Presented By:
  • MLS# 22037091
  • 05/16/2025
  • Request Tour
  • Request Info
  • Garage • 3

Home Details

This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Presented By:

Interior Features for 2407 N Capitol Avenue

Other Interior Features

LivingAreaSourceBroker
Basement (Y/N)Yes
Laundry FeaturesConnections All

General for 2407 N Capitol Avenue

Architectural StyleA-Frame
CityIndianapolis
Construction MaterialsVinyl Siding
CoolingSeparate Meters
CountyMarion
Current FinancingConventional, Exchange - 1031
Current UseApt<20, Residential
DirectionsGPS Friendly
Garage Spaces3
High School DistrictIndianapolis Public Schools
Legal DescriptionJoseph W Becks Sub Add L17
LevelsThree Or More
Lot Size Square Feet5280
MLS Area4910 - Marion - Center
ModificationTimestamp2025-05-18T22:33:08.802Z
New ConstructionNo
Number Of Units Total4
OwnerPaysInsurance, Taxes, All Utilities
PossessionClosing
Property SubtypeFourplex
Property TypeResidential Income
Security FeaturesFire Alarm, Smoke Alarm, Security System
Standard StatusActive
StatusActive
Structure TypeQuadruplex
Subdivision NameJ W Becks Sub Rhodes
Tax Lot490626108032000101
Tax Year2024
TownshipCenter
Year Built1914

Exterior for 2407 N Capitol Avenue

FencingFence Full Rear
Foundation DetailsBlock
Lot FeaturesAccess, Busline, Sidewalks
Lot Size Acres0.12
Parking FeaturesDetached
Road Frontage TypeCity Street

Additional Details

Calvin Hexter

Realty Team
Price $750,000
MLS#22037091
List Date 05/16/2025
Property Type Multi-Family
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