3178 N Capitol Avenue
 Indianapolis, Indiana 
Indianapolis, Indiana
 Listed By CENTURY 21 Scheetz 
 The Commercial Property for Sale located at Indianapolis, Indiana is currently for sale.  Indianapolis, Indiana is listed for $399,999.  If the property located at Indianapolis, Indiana isn't what you're looking for, visit  https://www.century21global.com  to see other  Commercial Properties for Sale in Indianapolis  . 
 Date Updated : Jan 23, 2025
MLS#: 22017010
$399,999 USD
Virtual Tour
 The details 
 Property features 
 Construction details 
  •  Year built: 1925
  •  Roofing:  composition/shingle  Shingle-Asphalt 
 Other features 
  •  Heating system:  Forced Air 
  •  Garages:  1 
 Description 
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.
 This paragraph can be translated by Bing Translate.  Translate 
 Location 
 Indianapolis, Indiana 
 Terms of Use  Privacy Policies  Site map 
Xomio Powered by Immobelv1.3.0
 Home 
 Search  Featured properties 
 Properties 
 Homes for Sale  Homes for Rent  Commercial for Sale  Commercial for Rent  Lands for Sale  Lands for Rent 
© 2023 Century 21® Real Estate LLC. All rights reserved. CENTURY 21®, the CENTURY 21® Logo and C21® are registered service marks owned by Century 21® Real Estate LLC. Century 21® Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing Information is deemed reliable but is not guaranteed accurate.
LogoAll real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination."
We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.