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    • $179,900

    3701 N Capitol Ave, Indianapolis, IN 46208

    2beds
    2baths
    --sqft
    : 
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    Multi Family, Duplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fresh bathroom remodelFully installed perimeter fenceAlley accessNewer roofNewer water heaterWhole-house exterior paint refresh
    An exceptional turn-key investment or premier "house-hacking" opportunity awaits at 3701 N Capitol Ave, a charming Indianapolis duplex packed with recent capital improvements. Capitalize on immediate rental income from one side currently generating $725/month, while utilizing the vacant, newly refreshed unit that features a fresh bathroom remodel (2024), a newer water heater (installed within the last 5 years), and a robust pro forma rental potential of $900-$950/month. The property features a whole-house exterior paint refresh (June 2026), alongside long-term mechanical peace of mind provided by a newer roof and a fully installed perimeter fence (both completed in 2018). Tenants and owner-occupants alike will appreciate the convenient off-street dedicated parking pad located directly behind the home via alley access, eliminating the hassle of street-only parking. Situated just minutes from downtown Indianapolis, this location offers unbeatable proximity to the heart of the city, bustling local shops, dining hotspots, and public transit, making it a stellar addition to any real estate portfolio or the perfect place to live for free while your tenant pays the mortgage.
    34 days
    |
    540
    |
    69
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Mina Kadhum 317-374-6055,

    Trueblood Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22108462MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Main level bathrooms: 2
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Wall Unit(s), Window Unit(s)
      Appliances
      • Laundry: Upper Level
      Features
      • Basement: Unfinished,Interior Entry

      Property

      Parking
      • Total spaces: 2
      • Parking features: Alley Access, Assigned, Concrete
      • Details: Unit Parking(2 Car Space)
      Features
      • Levels: One
      • Stories: 1
      • Exterior features: Lighting
      • Fencing: Fenced,Chain Link,Full
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 4,356 Square Feet
      • Features: Access, Busline, Corner Lot, Curbs, Sidewalks
      Details
      • Parcel number: 490623140005000101

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Multi Family, Duplex
      • Attached to another structure: Yes
      Materials
      • Wood Siding
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Updated/Remodeled
      • New construction: No
      • Year built: 1920

      Community & HOA

      Community
      • Features: Low Maintenance Lifestyle
      • Subdivision: John Trost
      Location
      • Region: Indianapolis

      Financial & listing details

      • Tax assessed value: $121,600
      • Annual tax amount: $2,982
      • Date on market: 6/16/2026
      • Cumulative days on market: 35 days
      • Tenant pays: All Utilities, Electricity, Gas, Insurance, Grounds Care, Sewer, Water
      • Road surface type: Asphalt

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        6/16/2026Listed for sale$179,900+282.8%
        Source: MIBOR as distributed by MLS GRID #22108462 Report a problem
        11/8/2019Listing removed$600
        Source: Moudy & Co. Report a problem
        10/29/2019Listed for rent$600+0.8%
        Source: Moudy & Co. Report a problem
        4/12/2018Sold$47,000-13%
        Source: MIBOR as distributed by MLS GRID #21520421 Report a problem
        3/6/2018Pending sale$53,995
        Source: Barron Property Services #21520421 Report a problem
        2/22/2018Listed for sale$53,995
        Source: Barron Property Services #21520421 Report a problem
        12/4/2017Pending sale$53,995
        Source: Barron Property Services #21520421 Report a problem
        10/23/2017Listed for sale$53,995-9.3%
        Source: Barron Property Services #21520421 Report a problem
        9/17/2017Listing removed$595
        Source: Barron Property Services Report a problem
        4/12/2017Listed for rent$595+9.2%
        Source: Barron Property Services Report a problem
        3/10/2016Listing removed$545
        Source: Barron Property Services Report a problem
        12/23/2015Listed for rent$545
        Source: Barron Property Services Report a problem
        4/16/2015Listing removed$59,500
        Source: Metropolitan Indianapolis Board of REALTORS #21337645 Report a problem
        4/13/2015Listed for sale$59,500+230.6%
        Source: Metropolitan Indianapolis Board of REALTORS #21337645 Report a problem
        8/2/2007Sold$18,000
        Source: MIBOR as distributed by MLS GRID #2742181 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,700 +9.7%$121,600 +6.9%
        2024$2,462 +1%$113,800 +9.6%
        2023$2,439 +26.3%$103,800 +0.5%
        2022$1,931 +3.8%$103,300 +23.4%
        2021$1,860 +14.3%$83,700 +4.2%
        2020$1,627 +3.1%$80,300 +16.5%
        2019$1,577 +17.1%$68,900 +4.1%
        2018$1,346 +2.2%$66,200 +6.9%
        2017$1,318 +2.6%$61,900 +3.5%
        2016$1,284 +5.1%$59,800 +5.8%
        2014$1,222 +15.9%$56,500 +22%
        2013$1,054 $46,300 -1.5%
        2012$1,054 $47,000 -9.1%
        2011-- $51,700
        2010$1,075 +2.3%$51,700 +4.9%
        2009$1,051 $49,300 -15.6%
        2007-- $58,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Crown Hill

        Getting around

        74 / 100
        Very Walkable
        45 / 100
        Some Transit
        63 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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