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3030 N Capitol Avenue

Indianapolis, IN 46208

ActiveListed Sep 9, 2026 · 23 days on market

Key facts

Beds
8
Baths
4 full · 1 half
Living area
3,764 sqft
Lot
0.12 acres
Year built
1905
Type
Residential · Single Family Residence
Stories
Two
Garage
2 spaces
MLS #
22125323
County
Marion
Subdivision
Hyde Park
Total building area
4,705 sqft

About this home

Opportunity is knocking at 3030 N Capitol Ave! This spacious 8-bedroom single-family home offers an incredible amount of space, flexibility, and income potential in a location that puts you just minutes from Newfields and Butler University. Recently rented for $3,500/month, this property has already demonstrated strong rental potential-and with eight bedrooms, the possibilities become even more interesting. The generous room sizes allow for multiple beds in many of the bedrooms, making this property especially well-suited for an investor exploring a room-by-room rental strategy, co-living opportunity, or other creative income-producing use. Inside, the home feels even larger than you might expect thanks to extra-tall ceilings and an abundance of space throughout. Whether you're looking for a property to add to your portfolio, a house with room for a large household, or a home with the flexibility to create additional income, there is plenty here to work with. Outside, you'll find a private backyard, a fenced-in front yard, and one of the home's standout features-a partial wrap-around covered front porch that adds tons of character and creates the perfect spot to sit, relax, and enjoy the neighborhood. And then there's the location. Minutes from Newfields, Butler University, restaurants, shopping, parks, and all that the vibrant west side of Indianapolis has to offer, this is a location that continues to attract students, professionals, families, and investors alike. Eight bedrooms. A proven $3,500/month rental history. Flexible living space. A fantastic location. The opportunity here is real-you just have to decide what you want to do with it.

Description provided by the listing brokerage.

Interior

Appliances
Electric OvenRefrigerator
Interior features
Entrance FoyerHi-Speed Internet AvailblEat-in Kitchen
Other rooms and areas
Living Room Formal
Flooring
Hardwood
Basement
FullStorage SpaceUnfinished
Fireplaces
1
Fireplace type
Living Room
Laundry
Connections AllMain Level
Windows
Screens
Security
Smoke Detector(s)
Rooms
11
Main-level bedrooms
3

Exterior

Patio and porch
CoveredWrap Around
Construction
Vinyl Siding
Foundation
Crawl Space
Style
Tudor
Parking and garage
Detached
Fencing
Fence CompleteFront YardGate

Systems

Heating
Forced Air
Cooling
Central Air
Water
Public

Lot and HOA

Lot features
AccessCity LotSidewalksMature Trees

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$4,596 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,539per month, estimated
Principal and interest $2,016Property tax $383Insurance $140
20% · $79,980
6.47%
Loan type
Loan term

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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Listed at$399,900
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