3723 North Capitol Avenue

Indianapolis, IN 46208

$248,000
Price
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Beds
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per Sq. Ft.

Description

Investor Special: Cash-Flowing 3-Bed/1.5-Bath Duplex in Indianapolis. Part of a Portfolio! Ideal for investors, this cash-flowing duplex offers two 3-bedroom, 1.5-bath units with extensive updates. Both units have had full electrical upgrades, new windows, and modern kitchens featuring granite countertops, subway tile backsplashes, and brand-new cabinetry. Unit #3721 underwent a complete renovation in 2022, featuring luxury vinyl plank flooring throughout and a beautifully tiled bathroom with updated...Investor Special: Cash-Flowing 3-Bed/1.5-Bath Duplex in Indianapolis. Part of a Portfolio! Ideal for investors, this cash-flowing duplex offers two 3-bedroom, 1.5-bath units with extensive updates. Both units have had full electrical upgrades, new windows, and modern kitchens featuring granite countertops, subway tile backsplashes, and brand-new cabinetry. Unit #3721 underwent a complete renovation in 2022, featuring luxury vinyl plank flooring throughout and a beautifully tiled bathroom with updated shower and flooring. Unit #3723 is occupied by a very long-term tenant, with partial luxury vinyl plank flooring in place, providing immediate steady income. Whether you're looking for cash flow or long-term appreciation, this duplex is a prime investment in a desirable Indianapolis location. Don't miss out on this opportunity! This property is included in a portfolio. Total Portfolio includes MLS listings 22003397, 22003403, 22003405, 21995212. Total portfolio price is $1,100,000.00. Portfolio may be sold in groups, individually or as a whole. Photo credit in Marketing material provided by PMI Meridian Property Management Group.
  1. Listed by Kathy Zamora • Zamora Homes LLC • Kathy@Zamora-Homes.com

Property Details for 3723 North Capitol Avenue

Subdivision Name
M C Masters Sub T C Harrison & Cos Add
Township
Center
Waterfront
No
LISTING UPDATED: 10/15/2024 01:58 PM

Property Details for 3723 North Capitol Avenue

StatusActive
MLS #22003404
Days on Market43
Taxes$1,107 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1910
Lot Size0.14 AC / 6,098 SF
CountyMarion County

Building Information for 3723 North Capitol Avenue

Stories-Residences2Year Built1910Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 3723 North Capitol Avenue

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46208
  • Postal Code Plus4: 4215
  • Road Access: Frontage Road
  • Road Frontage Type: City Street
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 490623111008000101
  • Semi Annual Property Tax Amt: 1107
  • Tax Year: 2023
  • TaxLot: 7
School Information
  • School District: Indianapolis Public Schools
Property
Lot Information
  • Acreage: <1/4 Acre
  • Current Use: Apt<20
  • Lot Size Square Feet: 5924.0
  • Lot Size Acres: 0.14
  • New Construction: False
  • Possible Use: Apt<20
  • Structure Type: Duplex
  • Year Built Numeric: 1910
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Interior Features
  • Basement YN: Yes
  • Levels: Two
Multi Family
Multi-Family Information
  • Total Units: 2
Income & Expenses
  • Expenses: 0
  • Gross Income: $1,965.00
Unit 1
  • Unit Kitchen: 1
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Unit 2
  • Unit Kitchen: 1
  • Unit Levels: 2
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 3 Bedroom
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 3723 North Capitol Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3723 North Capitol Avenue

Taxable ValueLand$17,100Additions$76,200Total$93,300
Tax Record2023$2,213 ($184 / month)
Home Facts
Total Finished SqFt1,518 SqFtAbove Grade Finished SqFt1,518 SqFtStories2Lot Size5,924 SqFtStyleDuplexYear Built1910CountyMARIONAPN49-06-23-111-008.000-101

Schools near 3723 North Capitol Avenue

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
James Whitcomb Riley School 43
Public - PK to 8
George Washington Community High School (9-12)
Public - 9 to 12
Arsenal Technical High School
Public - 9 to 12
Shortridge High School
Public - 9 to 12
Rating
School
Distance
James Whitcomb Riley School 43
PublicPK to 8

George Washington Community High School (9-12)
Public9 to 12

Arsenal Technical High School
Public9 to 12

Shortridge High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 3723 North Capitol Avenue, Indianapolis, IN 46208

3723 North Capitol Avenue is a multi-family home for sale in Indianapolis, IN 46208. This property was listed for sale on September 24, 2024 by Zamora Homes LLC, it's currently listed at $248,000. It has been on the market for a total of 43 days and was last sold on June 22, 2021. This listing's school district is Indianapolis Public Schools. Nearby schools include James Whitcomb Riley School 43, George Washington Community High School (9-12) and Arsenal Technical High School. 3723 North Capitol Avenue is a 0-bed, 0-bath, multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Zamora Homes LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.