Key facts
- Lot
- 0.1 acres
- Year built
- 1920
- Type
- Residential Income · Duplex
- Stories
- One
- MLS #
- 22108462
- County
- Marion
- Subdivision
- John Trost
About this home
An exceptional house-hack investment at 3701 N Capitol Ave - a charming Indianapolis duplex packed with recent capital improvements. Capitalize on immediate rental income generating $725/month (under market value) with separate meters and tenant paid utilities. One unit has been newly refreshed featuring a fresh bathroom remodel (2024), a newer water heater (installed within the last 5 years) and re-stained flooring. The property features a whole-house exterior paint refresh (June 2026) alongside long-term mechanical peace of mind provided by a newer roof and a fully installed perimeter fence (both completed in 2018). Tenants and owner-occupants alike will appreciate the convenient dedicated parking pad located directly behind the home via alley access, eliminating the hassle of street-only parking. Situated just minutes from downtown Indianapolis, this location offers unbeatable proximity to the heart of the city, bustling local shops, dining hotspots, and public transit, making it a stellar addition to any real estate portfolio.
Description provided by the listing brokerage.
Interior
- Basement
- Laundry
- Condition
Exterior
- Exterior features
- Roof
- Construction
- Foundation
- Style
- Parking and garage
- Fencing
- View
Systems
- Heating
- Cooling
Lot and HOA
- Lot features
Schools
- School district
- Indianapolis Public Schools
Taxes
- Estimated annual tax
- $2,982 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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