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Luxury Keys
2181 N Capitol Avenue, Indianapolis, IN 46202
- $200,000
- List Price
- $200,000
- Price Change
- ▼ $50,000 1780595625
- MLS#
- 22068132
- Property Type
- Land
- Days on Market
- 368
- Status
- PENDING
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.
Additional Information
- Present Zoning
- Multi-Fam
- Land Characteristics
- City
- Topography
- Cleared
- Soil Type
- Not Applic
- Development Status
- NoStatus
- Facilities on Site
- Not Applicable
- Facilities near Site
- Electric, Gas, Sewer, Water
- Water
- Municipal Water Near By
- Sewer
- Public Sewer
- Road Access
- Frontage Road
- Road Frontage
- City Street
- Road Surface
- Concrete
- Acres
- 0.21
- Water
- Municipal Water Near By
- Region
- Center
Listing courtesy of Matthew Steed. Engel & Volkers
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of 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. Some listings have been excluded from this website.