$170,000
$200,000
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2181 N Capitol AVE Indianapolis, IN 46202
9,147 Sqft Lot
Key Details
Sold Price $170,000
Property Type Vacant Land
Sub Type Residential Lots
Listing Status Sold
Purchase Type For Sale
Subdivision 106 North
MLS Listing ID 22068132
Sold Date 10/23/26
Tax Year 2024
Lot Size 9,147 Sqft
Acres 0.21
Property Sub-Type Residential Lots
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.
Location
State IN
County Marion
Zoning D8
Interior
Fireplace N
Building
Sewer Public Sewer
New Construction false
Schools
School District Indianapolis Public Schools
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.