2407 N Capitol AVE new

Indianapolis,IN 46208

$ 750000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Subdivision J W Becks Sub Rhodes

MLS Listing ID 22037091

Year Built 1914

Tax Year 2024

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Fourplex

Property Description

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.

Location

State IN

County Marion

Interior

Cooling Separate Meters

Fireplace N

Exterior

Garage Spaces 3.0

Building

Story Three Or More

Foundation Block

Architectural Style A-Frame

Structure Type Vinyl Siding

New Construction false

Schools

School District Indianapolis Public Schools

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