$250,000

2181 N Capitol Avenue, Indianapolis, IN 46202

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Prime development opportunity just steps from the brand-new IU Health Downtown Hospital & Methodist Campus expansion. This 0.24-acre vacant lot (approximately 60 feet of frontage on Capitol by 150 feet of depth on 22nd) offers outstanding potential for multi-family development, ideal for townhomes, duplexes, or a small apartment or quadplex project. Situated within the Near North corridor, the property provides quick and easy access to Downtown Indianapolis, I-65 and I-70, and the 16th Street commercial corridor, making it highly desirable for residents seeking proximity to healthcare, education, and employment centers. The location places you within walking distance to IU Health's $1.6-billion hospital project opening in 2027, surrounded by ongoing redevelopment and strong housing demand. All city utilities are available nearby, and zoning (D-8) supports multifamily construction. With its central location, visibility, and strong rental and resale demand driven by the expanding hospital workforce and downtown professionals, 2181 N Capitol Ave stands as a rare infill opportunity in the direct path of Indianapolis' continued urban growth.

Listing Status:
Active
Listing Office:
Engel & Volkers : 317-800-5811
Listing Agent:
Matthew Steed : 317-800-5811
MLS ID:
22068132
  • General: Not Applicable
  • Road/Access: City Street
  • Originating MLS: mibor
  • School District: Indianapolis Public Schools
  • County: Marion
  • Topography: Cleared
  • Zoning: D8Minturn S North Add L15-L18 Ex 55 Off S Side490626125031001101
  • Water: Municipal Water Near By
  • Sewer: Public Sewer
  • Source: mibor

This listing courtesy of Matthew Steed, Engel & Volkers

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

G

George Washington Carver Montessori School 87

2411 Indpls Ave, Indianapolis, IN, 46208

Grades PK-8

0.45 miles away

G

George Washington Carver Montessori School 87

2411 Indpls Ave, Indianapolis, IN, 46208

Grades PK-8

0.45 miles away

C

Crispus Attucks High School

1140 Dr Martin Luther King Jr St, Indianapolis, IN, 46202

Grades 9-12

1.09 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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