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$399,900
6
beds
2
baths

3850 N Capitol Avenue
Indianapolis, Indiana 46208

Active / MLS #22031324 / Multiple Unit (2-4) / Butler-Tarkington
Listing information updated 4/25/2025 at 1:06pm
Welcome to this stunning, "nearly new" duplex nestled in the heart of the highly desirable Butler-Tarkington neighborhood-just minutes from Butler University, the Indianapolis Art Center, and blocks from Melody Inn Bar, Tea's Me Cafe, and Tarkington Park. This massive duplex was taken down to the studs in late 2022 and thoughtfully rehabbed for low maintenance living. Each side features 3 generously sized bedrooms and 1.5 updated bathrooms. The units features durable luxury vinyl plank flooring, beautifully renovated kitchens, and bathrooms with tiled showers. Each unit is equipped with its own washer and dryer for added convenience, and private, fenced-in backyards provide a peaceful outdoor escape. Major systems including the roof, electrical, plumbing, HVAC, water heaters, and appliances are approx 3 years old, making this a true low-maintenance investment. The property is fully leased, with Unit 3850 bringing in $1,750/month through 6/30/25, and Unit 3848 currently under-rented at $1,395/month through 9/1/26, offering upside potential. Listing photos were taken prior to last tenant move-ins.

See it in person

Open House

3:00pm - 4:00pm 4/29/25

Full FeaturesTaxes & AssessmentsLocationSchools
Basement:
Unfinished
Beds Above Grade:
6
Heating System:
Heat Pump
Pool:
No
Age:
100 Years
Roof Type:
Shingle
Water Front:
No
Square Feet:
N/A
Lot Size:
0.12 Acres
Acreage:
0.12

Listing Office: Berkley & State, LLC

Agent Contact Information: morgan@berkleyandstate.com

Disclaimer: The data relating to real estate for sale on this website comes courtesy of MIBOR REALTOR® Association as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/25/2025 at 1:06pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Butler-Tarkington

Butler-Tarkington, IN

Butler-Tarkington is known for its numerous green spaces, local eateries and shops, and Butler University. The private university has over 60 major academic fields of study across six colleges. The community is also home to the five-mile Central Canal Towpath and Tarkington Park, which features tenn...
Map of 3850 N Capitol Avenue, Indianapolis, IN 46208

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3850 N Capitol Avenue is a multiple unit (2-4) currently listed at $399,900. 3850 N Capitol Avenue features 6 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties IND since April 7th, 2025 and was built in 1925.

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