Listing provided courtesy of The Modglin GroupMLS# MBR22089015MLS Provider
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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.

Source: MIBOR, MLS#: MBR22089015

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2421 N Capitol Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/18/2026Source: MIBOR Price Reduction
$400,000 -7.0%
3/13/2026Source: MIBOR Added to Database
March 13, 2026