$500,000

2018 Prospect Street, Indianapolis, IN 46203

Triplex
Built in 1910
3,920sqft lot
2 car garage
$——/sqft
Listed 4 months ago

Property Description

Discover an exceptional investment opportunity in the heart of Indianapolis with this multifamily property. Featuring 5 bedrooms and 5 bathrooms, this home is designed to maximize space and comfort for both families and renters. Each unit offers modern amenities, including a fully equipped kitchen, a cozy workspace, and the convenience of in-unit washers and dryers. The property is pet-friendly, ensuring appeal to a broad range of tenants, and also boasts a delightful patio or balcony for outdoor relaxation. Located in a vibrant neighborhood, residents will enjoy proximity to popular Indianapolis attractions. Just a short drive away is the bustling downtown area, renowned for its cultural landmarks such as the Indianapolis Museum of Art and the Indianapolis Zoo. Sports enthusiasts will appreciate the closeness to Lucas Oil Stadium and Bankers Life Fieldhouse. Moreover, the property's location offers convenient access to shopping, dining, and public transportation, making it an attractive choice for potential tenants. The living spaces are tastefully designed with a focus on modern aesthetics and functionality, as evident in the sleek bathrooms and contemporary finishes throughout. Self-check-in options add to the convenience and appeal for short-term rental opportunities. This multifamily property presents a lucrative opportunity for investors seeking to capitalize on Indianapolis's growing real estate market. With its desirable features and strategic location, this property is positioned to provide substantial rental income and long-term appreciation. Don't miss your chance to invest in one of Indianapolis's prime residential areas with this versatile and income-generating property.

Listing Status:: Active
Data Last Updated:: April 3, 2026 at 11:17PM
Listing Office:: Keller Williams Indy Metro S : 317-750-4998
Listing Agent:: Gloria Gear : 317-750-4998
MLS ID:: 22072753

Laundry: Connections All
A/C: Wall Unit(s)

Style: OtherTraditional
Parking: Detached

General: Two

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

Zoning: Vandeman & Hunters Evergreen L2491007168001000101
Current Use: Apt<20

Source: mibor

This listing courtesy of Gloria Gear , Keller Williams Indy Metro S

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

William McKinley Elementary School 39

1733 Spann Ave, Indianapolis, IN, 46203

Grades PK-6

0.45 miles away

Longfellow STEM Magnet Middle School

510 Laurel St, Indianapolis, IN, 46203

Grades 7-8

0.72 miles away

Arsenal Technical High School

1500 E Michigan St, Indianapolis, IN, 46201

Grades 9-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.