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Updated Quadplex with Furnished Units

2407 N Capitol Avenue, Indianapolis, IN 46208

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For Sale

$659,999

MULTI_FAMILY - Indianapolis, IN

Lot size:

0.12 Acres

HighLights

Quadplex built in 1914 with brick exterior, shingle roof, and forced‑air heating
Four furnished units: three 1‑bedroom, 1‑bath single‑level units and one 2‑bedroom, 2‑bath two‑level unit
Unit 4 includes a large walk‑in closet plus versatile spaces in each bedroom
Cooling includes window unit(s); property has a basement and a backyard patio with multiple seating areas
Outdoor features include a fire pit and balcony
Two garages with capacity for at least 3 vehicles total

We can help!

Contact an agent

James Gilday

For Sale

$659,999

MULTI_FAMILY - Indianapolis, IN

Lot size:

0.12 Acres

Added:: Mar 20, 2026
Days on Market:: 111
Last Refresh:: Jul 8 at 12:06 am

Property Features for 2407 N Capitol Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Exterior features: Fire Pit, Balcony
Standard status: Active
APN: 490626108032000101
Lot size: 0.12 Acres

Taxes and HOA fees

Tax Year: 2024
Tax Description: Joseph W Becks Sub Add L17

Utilities

Heating system: Forced Air
Cooling system: Window Unit(s)

Building Details

Year built: 1914
Floors in Building: 3
Number of units: 4
Building materials: Brick
Roof type: Shingle

We can help!

Contact an agent

James Gilday

Listing agent James Gilday License #RB14048800

Listing office eXp Realty, LLC Counselors Row Ste 200 9465, IN

Listing date Mar 20, 2026

MLS# 22090562 Listing URL

HighLights

Quadplex built in 1914 with brick exterior, shingle roof, and forced‑air heating
Four furnished units: three 1‑bedroom, 1‑bath single‑level units and one 2‑bedroom, 2‑bath two‑level unit
Unit 4 includes a large walk‑in closet plus versatile spaces in each bedroom
Cooling includes window unit(s); property has a basement and a backyard patio with multiple seating areas
Outdoor features include a fire pit and balcony
Two garages with capacity for at least 3 vehicles total

Overview

This updated quadplex includes four furnished units designed for comfortable, flexible living arrangements. Three units are single-level one-bedroom, one-bath layouts that have been recently upgraded. The fourth unit is a larger two-bedroom, two-bath, two-level residence with a walk-in closet and multiple adaptable spaces within each bedroom. The property can be sold fully furnished or unfurnished, depending on how an owner plans to operate.

The building is located at 2407 N Capitol Avenue in Indianapolis, Indiana (46208). The outdoor area features a backyard patio with multiple seating areas. Parking is supported by two garages with capacity for at least three vehicles total.

For an owner-operator or investor, the unit mix and furnished condition support flexible tenancy strategies, including continued short-term and mid-term rental use or conversion to longer-term rentals. The configuration also offers a straightforward path for buyers seeking to manage multiple independent units within a single building while retaining on-site parking and private outdoor space for tenant enjoyment.

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.160983
Latitude: 39.80104

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For sale
Quadplexes
IN
Indianapolis
46208
2407 N Capitol Avenue

What type of property is this?

Quadplex - Four updated furnished units in a quadplex setup, including 1- and 2-bedroom layouts with garage parking.

Where is this quadplex located?

The property is located at 2407 N Capitol Avenue Indianapolis, IN.

What is the asking price?

The asking price for this property is $659,999.

What are key features of this property?

This property features: Quadplex built in 1914 with brick exterior, shingle roof, and forced‑air heating; Four furnished units: three 1‑bedroom, 1‑bath single‑level units and one 2‑bedroom, 2‑bath two‑level unit; Unit 4 includes a large walk‑in closet plus versatile spaces in each bedroom

2407 N Capitol Avenue, Indianapolis, IN 46208

MULTI_FAMILY - Indianapolis, IN

Property Features for 2407 N Capitol Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Restaurant/QSR With Drive-Thru Potential

Hard-Corner Retail/Office Building

Elevator-Served Mixed-Use Building

Flexible Office Building with Detached Garage

Industrial Flex with Multiple Overhead Doors

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Two-Level Office Building with Conference Rooms

Auto Shop with Paint Booth

Four-Unit Retail Value-Add Property

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