3030 N Capitol Avenue, Indianapolis, IN 46208
- $420,000
- 8
- BD
- 5
- BA
- 4,705
- SqFt
- List Price
- $420,000
- MLS#
- 22125323
- Property Type
- Residential
- Bedrooms
- 8
- Bathrooms
- 5
- Sqft. of Residence
- 4,705
- Year Built
- 1905
- Days on Market
- 2
- Status
- ACTIVE
Property Description
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.
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Additional Information
- Basement
- Full, Storage Space, Unfinished
- Foundation
- Crawl Space
- Number of Fireplaces
- 1
- Fireplace Description
- Living Room
- Stories
- Two
- Architecture
- Tudor
- Interior
- Entrance Foyer, Hi-Speed Internet Availbl, Eat-in Kitchen
- Acres
- 0.12
- Heat
- Forced Air
- Cooling
- Central Air
- Financing
- Conventional
- Appliances
- Electric Oven, Refrigerator
- Semi-Annual Taxes
- $2,298
- Garage
- Yes
- Region
- Center
- Areas
- Living Room Formal
- Eating Areas
- Formal Dining Room
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Listing courtesy of eXp Realty, LLC.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative