Share this with your friends
+13174301608
Janko Realty Group
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
- 351
- 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
Mortgage Calculator
Listing courtesy of Engel & Volkers.
Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative