An exceptional house-hack investment at 3701 N Capitol Ave - a charming Indianapolis duplex packed with recent capital improvements. Capitalize on immediate rental income generating $725/month (under market value) with separate meters and tenant paid utilities. One unit has been newly refreshed featuring a fresh bathroom remodel (2024), a newer water heater (installed within the last 5 years) and re-stained flooring. 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 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.
Pending
Price cut: $10K (8/6)
$169,900
3701 N Capitol Ave, Indianapolis, IN 46208
2beds
2baths
--sqft
Multi Family, Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fresh bathroom remodelFully installed perimeter fenceConvenient dedicated parking padNewer roofNewer water heaterWhole-house exterior paint refreshRe-stained flooring
- 121 days
- 412
- 47
Zillow last checked:
Listing updated:
Listed by:
Mina Kadhum mina@truebloodre.com,
Trueblood Real Estate
Source: MIBOR as distributed by MLS GRID,MLS#: 22108462
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Main level bathrooms: 2
Heating
- Forced Air
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
- Special conditions: None
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: 121 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
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Pending sale | $169,900 |
Source:  MIBOR as distributed by MLS GRID #22108462 Report a problem | ||
| 8/6/2026 | Price change | $169,900-5.6% |
Source: MIBOR as distributed by MLS GRID #22108462 Report a problem | ||
| 6/16/2026 | Listed for sale | $179,900+282.8% |
Source: MIBOR as distributed by MLS GRID #22108462 Report a problem | ||
| 11/8/2019 | Listing removed | $600 |
Source: Moudy & Co. Report a problem | ||
| 10/29/2019 | Listed for rent | $600+0.8% |
Source: Moudy & Co. Report a problem | ||
| 4/12/2018 | Sold | $47,000-13% |
Source: MIBOR as distributed by MLS GRID #21520421 Report a problem | ||
| 3/6/2018 | Pending sale | $53,995 |
Source: Barron Property Services #21520421 Report a problem | ||
| 2/22/2018 | Listed for sale | $53,995 |
Source: Barron Property Services #21520421 Report a problem | ||
| 12/4/2017 | Pending sale | $53,995 |
Source: Barron Property Services #21520421 Report a problem | ||
| 10/23/2017 | Listed for sale | $53,995-9.3% |
Source: Barron Property Services #21520421 Report a problem | ||
| 9/17/2017 | Listing removed | $595 |
Source: Barron Property Services Report a problem | ||
| 4/12/2017 | Listed for rent | $595+9.2% |
Source: Barron Property Services Report a problem | ||
| 3/10/2016 | Listing removed | $545 |
Source: Barron Property Services Report a problem | ||
| 12/23/2015 | Listed for rent | $545 |
Source: Barron Property Services Report a problem | ||
| 4/16/2015 | Listing removed | $59,500 |
Source: Metropolitan Indianapolis Board of REALTORS #21337645 Report a problem | ||
| 4/13/2015 | Listed for sale | $59,500+230.6% |
Source: Metropolitan Indianapolis Board of REALTORS #21337645 Report a problem | ||
| 8/2/2007 | Sold | $18,000 |
Source: MIBOR as distributed by MLS GRID #2742181 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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