5-unit investment property, 100% occupied and newly renovated. Appraisal value $490,000 June 2026. This turnkey opportunity currently generates $5,721 per month with long-term tenants in place. Unit turns have been completed on all units, and the property features all new siding. Basement offers additional income potential through future laundry and/or tenant storage.
Active
$475,000
3178 N Capitol Ave, Indianapolis, IN 46208
3beds
3baths
--sqft
:
Get pre-qualified$3,167/mo
Multi Family, Quadruplex
Built in 1925
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
All new sidingNewly renovated
- 93 days |
- 102 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Alyssa Burton 586-610-1623,
Inspired Realty
Source: MIBOR as distributed by MLS GRID,MLS#: 22096663
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Heating
- Electric, Baseboard
Appliances
- Laundry: Other
Features
- Has basement: Yes
Property
Parking
- Parking features: Alley Access
- Details: Unit Parking(On Street, Parking Garage, Under Ground)
Features
- Levels: One
- Stories: 1
Lot
- Size: 5,227 Square Feet
- Features: Busline, Corner Lot, Sidewalks
Details
- Parcel number: 490623143100000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Quadruplex
Materials
- Aluminum Siding
Condition
- New construction: No
- Year built: 1925
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Topps Garden Place
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $195,600
- Annual tax amount: $4,741
- Date on market: 4/20/2026
- Cumulative days on market: 75 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Listed for sale | $475,000 |
Source:  MIBOR as distributed by MLS GRID #22096663 Report a problem | ||
| 7/2/2026 | Pending sale | $475,000 |
Source: MIBOR as distributed by MLS GRID #22096663 Report a problem | ||
| 4/20/2026 | Listed for sale | $475,000+1183.8% |
Source: MIBOR as distributed by MLS GRID #22096663 Report a problem | ||
| 7/24/2015 | Sold | $37,000-5.1% |
Source: MIBOR as distributed by MLS GRID #21321816 Report a problem | ||
| 7/6/2015 | Pending sale | $39,000 |
Source: F.C. Tucker Company #21321816 Report a problem | ||
| 6/19/2015 | Listed for sale | $39,000 |
Source: F.C. Tucker Company #21321816 Report a problem | ||
| 5/1/2015 | Listing removed | $39,000 |
Source: F.C. Tucker Company #21321816 Report a problem | ||
| 3/10/2015 | Price change | $39,000-21.8% |
Source: F.C. Tucker Company, Inc. #21321816 Report a problem | ||
| 1/23/2015 | Price change | $49,900-27.6% |
Source: F.C. Tucker Company, Inc. #21321816 Report a problem | ||
| 11/15/2014 | Price change | $68,900-1.4% |
Source: F.C. Tucker Company, Inc. #21321816 Report a problem | ||
| 10/24/2014 | Listed for sale | $69,900+437.7% |
Source: F.C. Tucker Company, Inc. #21321816 Report a problem | ||
| 7/31/2014 | Sold | $13,000+1200% |
Source: Public Record Report a problem | ||
| 6/13/2014 | Price change | $1,000-94.3% |
Source: Auction.com Report a problem | ||
| 5/17/2014 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 4/22/2014 | Sold | $17,500-56.3% |
Source: Public Record Report a problem | ||
| 9/13/2006 | Sold | $40,000 |
Source: MIBOR as distributed by MLS GRID #2562952 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $591 +0.9% | $195,600 +685.5% |
| 2024 | $586 +82.5% | $24,900 +0.8% |
| 2023 | $321 -77.2% | $24,700 -67.3% |
| 2022 | $1,410 +4.2% | $75,500 +23.6% |
| 2021 | $1,352 +14.6% | $61,100 +4.6% |
| 2020 | $1,180 -17% | $58,400 -10.3% |
| 2019 | $1,422 +15.3% | $65,100 +9% |
| 2018 | $1,234 -42.7% | $59,700 +8.3% |
| 2017 | $2,152 +45.2% | $55,100 +48.9% |
| 2016 | $1,482 +3.1% | $37,000 -44.4% |
| 2014 | $1,438 -2.8% | $66,500 |
| 2013 | $1,479 | $66,500 -31.4% |
| 2012 | $1,479 | $97,000 +27.3% |
| 2011 | -- | $76,200 |
| 2010 | $1,058 +1.4% | $76,200 |
| 2009 | $1,043 | $76,200 +49.4% |
| 2007 | -- | $51,000 -12.1% |
| 2006 | -- | $58,000 |
| 2005 | -- | $58,000 |
| 2004 | -- | $58,000 |
| 2003 | -- | $58,000 +106.4% |
| 2002 | -- | $28,100 +199.9% |
| 2001 | -- | $9,370 +24.9% |
| 2000 | -- | $7,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Crown Hill
Nearby schools
GreatSchools rating
- 5/10William Bell School 60 - A Butler Lab Reggio Emilia SchoolGrades: PK-5Distance: 0.4 mi
- 4/10Cold Spring SchoolGrades: K-8Distance: 2.2 mi
- 2/10Shortridge High SchoolGrades: 9-12Distance: 0.5 mi
- $--1 bd1 ba700 sqft3178 N Capitol Ave #B, Indianapolis, IN 46208Off Market
- $--1 bd1 ba-- sqft3178 N Capitol Ave #A, Indianapolis, IN 46208Off Market
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A local agent can set up tours, give advice and negotiate with sellers.
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