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2902 N Capitol AvenueIndianapolis, IN 46208
Active
$499,900
Asking Price
0.41
Ac Lot
2902 N Capitol Avenue Indianapolis, IN 46208
Unimproved LandProperty Type
611 daysTime on Dwellane
$1,219,268Price per acre
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.
Facts & Features
City
Indianapolis
Type
Unimproved Land
Neighborhood
Fall Creek Corridor
County
Marion
Lot Size
0.41 ac / 18,000 sqft
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Listing Agent
Charlene Gaard
317-440-2149
Co-Listing Agent
Robert Gaard
317-445-1095
Listing Provider
No Limit Real Estate, LLC
MLS #
21979922
Source
MIBOR as distributed by MLS GRID
Last Modified
Fri Dec 19 2025
Listed on
Thu May 16 2024
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Connect with a Dwellane Agent
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