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Listed by Cory Gardner • Gardner Property Group
$ 750,000
Est. payment /mo
New
2407 N Capitol AVE Indianapolis, IN 46208
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Subdivision J W Becks Sub Rhodes
MLS Listing ID 22037091
Year Built 1914
Tax Year 2024
Lot Size 5,227 Sqft
Acres 0.12
Property Sub-Type Fourplex
Property Description
This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer multiple investment strategies.
Location
State IN
County Marion
Interior
Cooling Separate Meters
Fireplace N
Exterior
Garage Spaces 3.0
Building
Story Three Or More
Foundation Block
Architectural Style A-Frame
Structure Type Vinyl Siding
New Construction false
Schools
School District Indianapolis Public Schools
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