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3178 N Capitol Avenue Indianapolis IN 46208
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
(Above Ground)
- 0.12
- Acres
CHARMING QUINTUPLE MULTI-UNIT PROPERTY! A PRIME INVESTMENT PROPERTY! Take a look at this well-maintained 5 unit-property, a fantastic opportunity for both investors and homeowners looking to generate rental income. Each of the five units offers spacious living with a comfortable living room, bedroom, and kitchen, along with separate entries for added convenience, safety and privacy. The property features several key updates, including new roof, windows, doors, electrical/plumbing, water heater and electric baseboard heating system all completed in 2022. Freshly painted interior creates a bright and inviting atmosphere- perfect for the renter's ambiance! With its attractive curb appeal, this property is sure to catch the eye of both tenants and visitors, Ideal for those looking to invest in a high demand rental property or offset living expenses. With each unit currently leased at $1000 per month (effective 1/4/25), the property promises a steady stream of income with a great CAP rate (10.95%)!With its prime location, low-maintenance and excellent rental income, this property is a rare find in Indianapolis. Don't miss out on this great opportunity.
Property Details
Interior Features
- Cooling: Central Electric
- Heating: Forced Air, Gas
Exterior Features
- Setting / Lot Description: Corner Lot, Curbs, Sidewalks, Street Lights
- # Acres: 0.12
Listing Office: Century 21 Scheetz
Office Contact: mharris@c21scheetz.com
Similar Properties To: 3178 N Capitol Avenue, Indianapolis
- MLS® #:
- 22017073
- Provider:
- Century 21 Scheetz
- MLS® #:
- 22016651
- Provider:
- Mark Dietel Realty, Llc
View all similar properties here
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Listing information last updated on April 7th, 2025 at 1:47pm EDT.
