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Furnished Duplex
New
For Sale
$450,000
Pending

2931 N Capitol Avenue, Indianapolis, IN 46208

Residential Income, Indianapolis, IN

Property SizeContact for details
Lot Size0.12 Acres
Days on Market4

Property Features for 2931 N Capitol Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2
Subdivision Joseph H Clarks N Capitol
Elementary school district Indianapolis Public Schools
Middle school district Indianapolis Public Schools
High school district Indianapolis Public Schools
Directions GPS Friendly
Standard status Pending
APN 490626171022000101
Lot size 0.12 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description Joseph H Clarks North Capitol Ave Add L8 B3
Tax Annual Amount 7046
Legal Description Joseph H Clarks North Capitol Ave Add L8 B3

Building Details

Year built 2024
Floors in Building 2
Number of units 2
Buildings 1
Listing Agency: Keller Williams Indpls Metro N · Keller Williams Realty
Listed By: Michelle Romano-Moss
Added: Nov 3 Changed: Nov 5 Last Checked: Nov 6 at 12:06PM
MLS# 22135174

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
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Investment Insights

Based on property information with market context.

Completed in 2024, this duplex contains two furnished residences, with one positioned on the upper level and the other on the main floor. Each offers 3 bedrooms, 2 full bathrooms and 1,250 square feet. The property occupies a 0.12-acre lot, and both units are operating as mid-term rentals.

The address is 2931 N Capitol Avenue in Indianapolis. I-65 access, downtown and the Children's Museum are among the stated nearby connections and destinations.

Key Highlights

  • Two furnished units, both operating as mid‑term rentals
  • Each unit has 3 bedrooms, 2 full bathrooms and 1,250 square feet
  • Built in 2024 on a 0.12‑acre lot

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

674
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
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Market

Properties on Market for Duplexes in Indianapolis

Jul
Aug
Sep
Oct

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 is presently used for mid-term stays and includes its furnishings and contents.
Where is this duplex located?
The property is located at 2931 N Capitol Avenue Indianapolis, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two furnished units, both operating as mid‑term rentals; Each unit has 3 bedrooms, 2 full bathrooms and 1,250 square feet; Built in 2024 on a 0.12‑acre lot
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