2902 N Capitol Avenue, Indianapolis, IN 46208
Local realty services provided by:Schuler Bauer Real Estate ERA Powered
2902 N Capitol Avenue,Indianapolis, IN 46208
$499,900
- 0.41 Acres
- Lots / Land
- Active
Listed by: charlene gaard, robert gaard
Office: no limit real estate, llc.
MLS#:21979922
Source:IN_MIBOR
Price summary
- Price:$499,900
About this home
Shovel-ready multifamily opportunity on Indy's North Side. This 18,000 sq ft lot at 3902 N Capitol Ave is zoned D8 and fully approved for a 9-unit luxury condo project-a rare turnkey setup in a rapidly appreciating corridor. Plans include eight spacious 2-bed, 2-bath units plus a standout 3-bed, 3-bath penthouse. Ideal for developers seeking a high-margin infill project with design and zoning hurdles already cleared. Utilities available at site, and construction estimates are ready for qualified buyers. Property highlights: 18,000 sq ft lot zoned D8 for multifamily use Approved plans for 9 upscale residential units Penthouse design with premium layout and finishes All 2BR/2BA units designed for modern living Central location with easy access to downtown, Fall Creek, and major transit Walkable to Tarkington Park, Ivy Tech, and Butler-Tarkington area This section of Capitol Ave is attracting serious investment-and this project is poised to be part of that transformation. The hard part is done. Bring your builder and realize the upside. Price includes land and approved plans. Construction not included....
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Home facts
- Subdivision & Development:Burton & Campbells Park Place Add
- Listing ID #:21979922
- Added:827 day(s) ago
- Updated:August 22, 2026 at 02:57 PM
Structure and exterior
- Lot area:0.41 Acres
- Lot Features:Cleared
Finances and disclosures
- Price:$499,900
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