Duplex with Four-Unit Conversion
For Sale
$199,900
3026 N Capitol Ave, Indianapolis, IN 46208
Two matching sides include framed front and rear living areas, with a parking pad replacing the former garage.
Property Size5,271 SF
Price / SF$37.92
Days on Market10
Property Features for 3026 N Capitol Ave
General Information
Standard status
Active
Size
5,271 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
make it shine again
Units
Unit Mix
2 x 1BR/1BA, 2 x 3BR/1BA
Multifamily Units
4
Building Details
Year Built
1915
Listing Agency:
Coldwell Banker Real Estate Group
(317) 721-2274
Listed By:
Streamlined Realty
(317) 721-2274
Source:
Streamlinedrealty
Added: Aug 20
Changed: Aug 27
Last Checked: Aug 28 at 10:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
Built in 1915, this duplex includes two matching sides at 3026 and 3028 N Capitol Ave. Each side is arranged with a one-bedroom efficiency apartment at the front and a three-bedroom, two-story apartment at the rear, with one bathroom serving each apartment. Light framing has been completed for a possible four-unit configuration, although the property remains a duplex in its current form.
The property is near the Children's Museum of Indianapolis. A former one-car garage has been replaced by a parking pad, and the site includes room for a new garage. Plumbing and electrical systems do not appear to have been updated to date.
The property is near the Children's Museum of Indianapolis. A former one-car garage has been replaced by a parking pad, and the site includes room for a new garage. Plumbing and electrical systems do not appear to have been updated to date.
Key Highlights
- Duplex with matching layouts at 3026 and 3028 N Capitol Ave
- Each side includes a 1‑bedroom efficiency and a 3‑bedroom, two‑story apartment
- Light framing supports a possible conversion to 4 units
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
703
Businesses Nearby
Explore this area
Business Placement
Demographics for 46208, IN
23,996
Population
11,619
Households
2.1
Avg Household Size
31
Median Age
40%
College-Educated
93%
High-School Grad
6.9 sq mi
ZIP Area
3,478
Density / Sq Mi
$55,435
Median Household Income
$34,125
Median Earnings
$1,075
Median Rent
$206,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching sides include framed front and rear living areas, with a parking pad replacing the former garage.
Where is this duplex located?
The property is located at 3026 N Capitol Ave Indianapolis, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Duplex with matching layouts at 3026 and 3028 N Capitol Ave; Each side includes a 1‑bedroom efficiency and a 3‑bedroom, two‑story apartment; Light framing supports a possible conversion to 4 units
