2181 N Capitol Avenue Indianapolis, IN 46202
- Added:
- Oct 28, 2025
- Days on Market:
- 180
- Last Refresh:
- Apr 25 at 11:06 pm
Property Features for 2181 N Capitol Avenue
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- D8
- Standard status
- Active
- APN
- 490626125031001101
- Lot size
- 0.21 Acres
Building Details
- Architectural style
- Other
Listing agent Matthew Steed (317) 585-3575
Listing office Engel & Völkers Indianapolis 9705 Fishers District Drive, Suite 720, Fishers, IN (317) 585-3575
Listing date Oct 28, 2025
MLS# 22068132
Listing URL
Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Development Opportunity Near IU Health
This 0.24-acre vacant lot, with approximately 60 feet of frontage on Capitol and 150 feet of depth on 22nd, presents a prime development opportunity near the new IU Health Downtown Hospital and Methodist Campus expansion. Zoned D-8, the property is suitable for multi-family development, including townhomes, duplexes, or a small apartment or quadplex project. Located in the Near North corridor, it offers convenient access to Downtown Indianapolis, I-65, I-70, and the 16th Street commercial corridor. The property's location provides proximity to healthcare, education, and employment centers. Situated within walking distance of IU Health's $1.6 billion hospital project, scheduled to open in 2027, the site benefits from ongoing redevelopment and strong housing demand. All city utilities are available nearby. This infill opportunity is positioned to benefit from Indianapolis' urban growth, driven by the expanding hospital workforce and downtown professionals.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Residential land & home ...
Location Insight
- Map
- Local Demand
- City
- Indianapolis
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.161306
- Latitude
- 39.796892
Nearby Similar for Sale
FAQs
What type of property is this?
Land - 0.24-acre vacant lot ideal for multi-family development.
Where is this land located?
The property is located at 2181 N Capitol Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime location steps from the $1.6‑billion IU Health Downtown Hospital expansion (opening 2027), creating strong rental/resale demand.; Zoned D‑8, supporting multi‑family development (townhomes, duplexes, apartments).; Vacant 0.24‑acre infill lot with 60 ft frontage x 150 ft depth, a rare opportunity in a growing area.
