2421 N Capitol Avenue, Indianapolis, IN 46208

Property Description

Fully Renovated Duplex Near Ivy Tech - Turnkey Investment or Owner-Occupant Opportunity! Beautifully updated duplex located in a rapidly developing area just minutes from Ivy Tech Community College and a short drive to Downtown Indianapolis. Each side offers a spacious 4 bedrooms and 2 full bathrooms, creating strong rental appeal and flexible living options. Both units have been newly renovated and are rental ready, featuring updated flooring, refreshed kitchens and bathrooms, and bright, functional living spaces designed for modern living. The generous bedroom count provides excellent potential for strong rental income. This property is ideal for investors seeking immediate cash flow, but it also presents a great opportunity for an owner-occupant looking to live in one unit while renting out the other to help offset the mortgage. Located in an up-and-coming neighborhood surrounded by new construction and ongoing development, the property offers excellent long-term appreciation potential with convenient access to downtown employment, schools, and local amenities. A rare opportunity to own a turnkey duplex in a growing Indianapolis market with flexibility for both investors and end users.

Listing Status:

Active

Data Last Updated:

April 2, 2026 at 4:19PM

Listing Office:

The Modglin Group : 317-341-3325

Listing Agent:

Ely Berger : 317-341-3325

MLS ID:

22089015

Interior

• Basement: Unfinished

Exterior

• General: Balcony

Construction

• General: Two

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: 2421 N Capitol Ave Condominiums Unit A490626108065000101
• Current Use: Vacant

Financial

• Source: mibor