2018 Prospect Street, Indianapolis, IN 46203

Property Description

RARE DUPLEX TRIPLEX HYBRID: Fully Renovated with 3 Income Streams! Whether you are looking for a lucrative addition to your portfolio or a high-end house hack where your tenants pay your mortgage, this turnkey property delivers unmatched flexibility and cash flow potential. The Layout & Bonus Suite: Two Modern Units: Each side features a spacious 2 BR / 2 BA layout with modern finishes, open concepts, and independent in-unit laundry. The Secret Weapon: One side features a private studio in-law suite with its own separate entrance. Perfect for an Airbnb/VRBO, a mid-term rental for traveling professionals, or multigenerational living. Upgraded From the Studs Up (Zero CapEx Needed): Skip the renovation headaches. Everything is brand new and engineered for efficiency: All-new electrical, plumbing, and HVAC systems. Whole-house tankless instant hot water system (never run out of hot water). Whole-house water softener for added luxury and appliance longevity. Investment Strategy: Live for Free: Occupy one 2-bedroom unit, rent out the other 2-bedroom unit long-term, and run a high-margin short-term rental out of the studio suite!

Listing Status:

Active

Data Last Updated:

July 4, 2026 at 11:20PM

Listing Office:

Keller Williams Indy Metro Partners : 317-750-4998

Listing Agent:

Gloria Gear : 317-750-4998

MLS ID:

22111493

Exterior

• General: Balcony
• Parking: Detached

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Vandeman & Hunters Evergreen L2491007168001000101
• View: NeighborhoodView
• Current Use: Residential

Financial

• Source: mibor