USAINIndianapolisJ W Becks Sub Rhodes2407 N Capitol Ave

american foursquare style home featuring a porch, a shingled roof, and a fenced front yard | Image 1

2407 N Capitol Ave, Indianapolis, IN

Name: 2407 N Capitol Ave, For Sale in Indianapolis - Zoocasa
Brand: exp realty, llc
SKU: 22090562
Price: 750000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$750,000

003

MLS® 22090562

Overview

Key Facts

Type Quadruplex

Levels Residential Income

Size -

Garage Yes

Taxes

Days Active 3

Lot Size 0.12 acres

Approx. Age 1914

MLS® Number 22090562

Property Address: 2407 N Capitol Ave, Indianapolis, IN, 46208-5711

Average square foot calculated using Size range provided by listing agent.

Description

Step into a rare investment opportunity where style, flexibility, and income potential converge. This beautifully updated quadplex offers four fully furnished units, thoughtfully designed to maximize both comfort and revenue. Ideally located just moments from downtown nightlife, dining, and entertainment, the property benefits from consistently high occupancy driven by its prime location and boutique-style finishes. Current ownership has successfully operated the units as short-term rentals, demonstrating strong income performance with additional upside through a mix of short-term (STR) and mid-term rentals (MTR). The building features three well-appointed one-bedroom, one-bathroom single-level units, each recently upgraded with modern improvements. The fourth unit is a spacious two-bedroom, two-bathroom, two-level residence, complete with a large walk-in closet. Each bedroom in unit 4 includes a versatile spaces-perfect for additional seating, an office, cozy play area, reading nooks and or additional storage or whatever you decide! All four units can be sold fully furnished, offering a seamless, turnkey investment and or unfurnished. The property also includes two garages with capacity for at least three vehicles total, adding convenience and value for guests or tenants. Outdoors, a thoughtfully designed backyard patio provides multiple seating areas, creating a relaxing retreat ideal for entertaining or unwinding after a night in the city or a long day of work. With multiple exit strategies-including continued STR/MTR operation, conversion to long-term rentals, or redevelopment into townhomes or condos-this property also offers additional upside through the potential development of the included green space. Whether you're expanding your portfolio or seeking a versatile, income-producing asset, this property delivers on location, lifestyle, and long-term potential.

MLS® Number22090562

Laundry LevelLaundry Closet

Central VacNo

FireplaceNo

Acreage0.12

Exterior

GarageYes

Approx. Age1914

Basement

Driveway

Garage Spaces3

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 20, 2026List Date

$750,000List Price

-End Date

Not Sold YetSold Price

For Rent

Mar 17, 2026List Date

$1,600List Price

Map

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