Photo 1
Photo 2
Photo 3
Photo 4
Photo 5
Photo 6
Photo 7
1 of 7

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

Connect with a Dwellane Agent

Like what you see? Our trusted agents are ready to help you take the next step.

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


Loading...

Schools

Loading schools...
Buyer Blueprint

The plan that gets you home.

Learn More