Search
Duplex with Updated Finishes
For Sale
$400,000

2421 N Capitol Avenue, Indianapolis, IN 46208

Residential Income, Indianapolis, IN

Property SizeContact for details
Days on Market74

Property Features for 2421 N Capitol Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bathroom 1, Basement, Bedroom 3, Bathroom 2, Bedroom 4
Subdivision F M Becks Sub Rhodes N Illinois St Add
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Active
APN 490626108065000101

Taxes and HOA fees

Tax Year 2025
Tax Description 2421 N Capitol Ave Condominiums Unit A
Tax Annual Amount 2050
Legal Description 2421 N Capitol Ave Condominiums Unit A

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Building materials Brick
Listing Agency: The Modglin Group
Listed By: Ely Berger · License #RB25001754
Added: Aug 4 Changed: Oct 16 Last Checked: Oct 16 at 1:06PM
MLS# 22118086

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This brick duplex was built in 1920. Both units offer four bedrooms and two full bathrooms, with updated finishes and functional layouts.

The property is at 2421 N Capitol Avenue in Indianapolis, near parks and Ivy Tech.

Key Highlights

  • Two units, each with 4 bedrooms and 2 full bathrooms
  • Brick construction; built in 1920
  • Updated finishes in both units

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Furniture & Home Goods (Bike/Boat/Book/etc) Store Auto Parts Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each residence has four bedrooms and two full bathrooms.
Where is this duplex located?
The property is located at 2421 N Capitol Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two units, each with 4 bedrooms and 2 full bathrooms; Brick construction; built in 1920; Updated finishes in both units
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again