Duplex With Dedicated Off-Street Parking

3701 N Capitol Avenue, Indianapolis, IN 46208

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For Sale

$179,900

MULTI_FAMILY - Bungalow - Indianapolis, IN

Lot size:

0.10 Acres

HighLights

Indianapolis duplex built in 1920 with bungalow style, wood siding, and a shingle roof
One unit currently rents for $725/month; the other unit is vacant and newly refreshed
Recent updates include bathroom remodel in 2024 and a water heater installed within the last 5 years
2018 improvements include a newer roof and fully installed perimeter chain‑link fence
Off‑street dedicated parking pad behind the home with alley access, plus guest parking
Heating is natural gas forced air; cooling includes window and wall unit(s

We can help!

Listing Contact

Mina Kadhum

For Sale

$179,900

MULTI_FAMILY - Bungalow - Indianapolis, IN

Lot size:

0.10 Acres

Added:: Jun 15, 2026
Days on Market:: 6
Last Refresh:: Jun 20 at 4:06 am

Property Features for 3701 N Capitol Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: Guest, Alley
Exterior features: Lighting
Fencing: Chain Link
Basement: Interior Entry, Unfinished
Standard status: Active
APN: 490623140005000101
Lot size: 0.10 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: John Trost Jr N Ill St Add L14

Utilities

Heating system: Natural Gas, Forced Air
Cooling system: Window Unit(s), Wall Unit(s)

Building Details

Year built: 1920
Floors in Building: 1
Number of units: 2
Building materials: Wood Siding
Roof type: Shingle
Architectural style: Bungalow

We can help!

Listing Contact

Mina Kadhum

Listing agent Mina Kadhum License #RB18001932

Listing office Trueblood Real Estate North Street Suite 350 8700, Fishers, IN

Listing date Jun 15, 2026

MLS# 22108462 Listing URL

HighLights

Indianapolis duplex built in 1920 with bungalow style, wood siding, and a shingle roof
One unit currently rents for $725/month; the other unit is vacant and newly refreshed
Recent updates include bathroom remodel in 2024 and a water heater installed within the last 5 years
2018 improvements include a newer roof and fully installed perimeter chain‑link fence
Off‑street dedicated parking pad behind the home with alley access, plus guest parking
Heating is natural gas forced air; cooling includes window and wall unit(s

Overview

This Indianapolis duplex offers a turn-key setup with recent capital improvements and two distinct living units. One side is currently leased and producing $725 per month, while the other unit is vacant and newly refreshed. Updates include a bathroom remodel completed in 2024 and a newer water heater installed within the last five years.

Additional improvements support long-term durability, including a roof and fully installed perimeter fence completed in 2018. Exterior paint refresh is scheduled for June 2026, providing a refreshed curb appeal baseline for the next ownership cycle. Off-street dedicated parking is provided via a parking pad located directly behind the home, accessed through an alley.

For owner-occupants or investors, the property’s duplex configuration allows for an income-producing unit alongside a second, ready-to-rent space that has already seen targeted interior and mechanical refreshes. With off-street parking and the documented updates to key systems and finishes, this layout is well-suited to tenants seeking straightforward, low-hassle living and buyers looking for a practical residential income property.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

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Local Demand

City: Indianapolis
County: Hamilton
State: Indiana
Longitude: -86.161219
Latitude: 39.823044

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For sale
Duplexes
IN
Indianapolis
46208
3701 N Capitol Avenue

What type of property is this?

Duplex - Turn-key duplex with one unit producing rent and a refreshed, vacant unit with recent bathroom and mechanical updates.

Where is this duplex located?

The property is located at 3701 N Capitol Avenue Indianapolis, IN.

What is the asking price?

The asking price for this property is $179,900.

What are key features of this property?

This property features: Indianapolis duplex built in 1920 with bungalow style, wood siding, and a shingle roof; One unit currently rents for $725/month; the other unit is vacant and newly refreshed; Recent updates include bathroom remodel in 2024 and a water heater installed within the last 5 years

3701 N Capitol Avenue, Indianapolis, IN 46208

MULTI_FAMILY - Bungalow - Indianapolis, IN

Property Features for 3701 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

Renovated Office Flex Complex

Heavy Industrial Dock-High Warehouse

Corner Two-Tenant Retail and Auto Site

Multi-Office Building with Private Parking

Auto Shop with Paint Booth

Four-Unit Retail Value-Add Property

Keystone Avenue Redevelopment Opportunity

Freestanding Single-Story Office Building

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