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Off market
  • Tax assessed value
    $174,800

    2818 N Capitol Ave, Indianapolis, IN 46208

    4beds
    2,320sqft
    1-4 Units Residential
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $75/sqft
    $2,096 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,096/mo

    Zestimate® history
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    What's special

    Fully furnished stylish interiors

    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

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dryer, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: NoLaundry, Other
    Features
    • Flooring: Laminate
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,320 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    • Has view: Yes
    • View description: City
    Lot
    • Size: 5,401 Square Feet
    Details
    • Parcel number: 490626190004000101

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: 1-4 Units Residential
    Materials
    • Frame
    • Foundation: Crawl/Raised
    • Roof: Shake / Shingle
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $75/sqft
    • Tax assessed value: $174,800
    • Annual tax amount: $3,533
    • Tenant pays: Electric, Gas
    • Contingency: Act With No Contingency

    Price history

    DateEventPrice
    6/24/2026Listing removed--
    Source: Owner Report a problem
    3/26/2026Price change$655,000+9.2%$282/sqft
    Source: Owner Report a problem
    3/22/2026Listed for sale$600,000-8.4%$259/sqft
    Source: Owner Report a problem
    1/3/2026Listing removed--
    Source: Owner Report a problem
    10/17/2025Listed for sale$655,000-12.7%$282/sqft
    Source: Owner Report a problem
    8/10/2025Listing removed$750,000$323/sqft
    Source: MIBOR as distributed by MLS GRID #22037635 Report a problem
    5/9/2025Listed for sale$750,000+191.8%$323/sqft
    Source: MIBOR as distributed by MLS GRID #22037635 Report a problem
    6/20/2023Sold$257,000+17.4%$111/sqft
    Source: Public Record Report a problem
    1/19/2021Listing removed--
    Source: MIBOR as distributed by MLS GRID Report a problem
    1/6/2021Price change$218,900-4.8%$94/sqft
    Source: Elite Indy Realty Group #21750276 Report a problem
    11/3/2020Listed for sale$230,000$99/sqft
    Source: Elite Indy Realty Group #21750276 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,533 +174.3%$174,800 +17.4%
    2024$1,288 +25.4%$148,900 +174.2%
    2023$1,027 +14.2%$54,300 +24.8%
    2022$900 -0.4%$43,500 +11.5%
    2021$903 +2.3%$39,000
    2020$883 -0.9%$39,000 +4.3%
    2019$891 +7.3%$37,400
    2018$830 -31.7%$37,400 +3.6%
    2017$1,216 +61%$36,100 +5.2%
    2016$755 +2.8%$34,300 +0.9%
    2014$735 -46.4%$34,000 -36.9%
    2013$1,373 $53,900 +1.1%
    2012$1,373 $53,300 +8.3%
    2011-- $49,200
    2010$1,095 -1.3%$49,200
    2009$1,110 $49,200
    2007-- $49,200 +530.8%
    2001-- $7,800
    2000-- $7,800
    Find assessor info on the county website

    Neighborhood: Crown Hill

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Indianapolis Public Schools

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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