4405 Prospect Street, Indianapolis, IN 46203

• 4 beds |
• 1 bath |
• 960 sqft

Property Description

If you've been looking for the right turnkey Investment Opportunity with Strong Cash Flow, this is it! Immediate income with this fully renovated 4-bedroom, 1-bath investment property. With lease in place through IHA at $2,310/month which aligns with key investor benchmarks. Move-in date of May 8, 2026. The home has been completely gutted down to the studs and thoughtfully remodeled from top to bottom, offering peace of mind and low maintenance for years to come. Major upgrades include, new metal roof, all-new mechanicals, updated electrical with a 200-amp panel, and a mini-split system with supplemental heat making this property incredibly cost-effective. Inside, the property features luxury vinyl plank flooring throughout, a beautifully updated kitchen with granite countertops, new cabinetry, stainless steel appliances, and modern finishes, plus recessed lighting and contemporary touches that elevate the entire space. The functional layout offers four bedrooms, providing flexibility and strong rental appeal. Additional improvements such as new windows, exterior siding, and a tankless water heater offer enhanced efficiency and long-term value. Whether you're expanding your portfolio or securing your first investment, this is a true turnkey opportunity with built-in returns from day one.

Listing Status:

Active

Data Last Updated:

May 2, 2026 at 3:17AM

Listing Office:

Trueblood Real Estate : 703-862-0258

Listing Agent:

Patricia McCormick : 703-862-0258

MLS ID:

22099054

Interior

• General: Ceiling VaultedEat-in Kitchen
• Appliances: MicrowaveElectric OvenRefrigerator
• Laundry: Connections AllMain Level
• A/C: DualWall Unit(s)
• Heating: ZonedElectricWall Furnace

Exterior

• Style: Ranch
• Other Structures: PorchPatio
• Parking: On Street

Construction

• General: OneCrawl Space

Location

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

Lot

• Zoning: Pt Ne1/4 S16 T15 R4 Beg 53' S & 160' E Of Nw Cor Pob E60' S150 W60' N150' To Beg .26 Ac491016151012000101

Utilities

• Utilities: Electricity ConnectedSewer ConnectedWater Connected
• Water: Public

Financial

• Source: mibor