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$500,000 -

2018 Prospect Street Indianapolis IN 46203

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.09
Acres

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.

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Property Details

Price: $500,000 Previously: $500,000 Originally: $500,000 Bathrooms: 0.00 MLS #: 22072753 Year Built: 1910 Township: Center Type: Residential Income Zip Code: 46203 City: Indianapolis Subdivision: Vandeman & Hunters County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Wall Unit(s)

Exterior Features

Exterior Features:
  • Setting / Lot Description: Access, Not In Subdivision
  • # Acres: 0.09

Listing Office: Keller Williams Indy Metro S

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on April 3rd, 2026 at 10:28pm EDT.

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