Skip to content

2808 N Capitol Avenue

Indianapolis, IN 46208

ActiveListed Oct 14, 2026 · 1 day on market

Key facts

Lot
0.21 acres
Year built
1900
Type
Residential Income · Quadruplex
Stories
Two
Garage
2 spaces
MLS #
22126251
County
Marion
Subdivision
Burton & Campbells Park Place Add

About this home

FOURPLEX - All four units are 2 bed / 1 bath, with a mix of long-term and short-term income. Less than a mile from IU Health's new hospital opening in 2027, this is a great opportunity: value + transition from LTR to STR. Currently, units 1, 2, and 3 are leased long-term while unit 4 runs as a furnished successful rental! Tenants pay their own electric and gas, which are separately metered for each unit. Water and sewer are on one meter with bill back. Operating statements and pro forma available upon request.

Description provided by the listing brokerage.

Interior

Laundry
Common Laundry
Condition
Updated/Remodeled

Exterior

Construction
Aluminum Siding
Parking and garage
Detached
View
Downtown

Systems

Heating
Forced Air
Cooling
Central AirSeparate Meters

Lot and HOA

Lot features
Not Applicable
Zoning
D8

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$9,876 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$2,979per month, estimated
Principal and interest $2,016Property tax $823Insurance $140
20% · $80,000
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.

Talk to a lender we trust
Listing Office:
@properties
Listing Office Phone:
317-489-3441
Listed by
Firm
@properties
Firm phone
317-489-3441
MLS #
22126251
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$400,000
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.