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518 Prospect Street Indianapolis, IN $ 535,000
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$ 535,000 Get more info
518 Prospect Street
$ 535,000
Back to search
Share Save

518 Prospect Street

Indianapolis, IN, 46203
$ 535,000
Baths0.0

Monthly Estimate*

$ 3,204

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Studio

Multi-Family Home for sale in Indianapolis, IN

for $535,000. This home was built in 1921 on a lot size of 0.07.

This fully renovated luxury duplex is a rare gem, perfectly situated between the vibrant neighborhoods of Bates-Hendricks, Fletcher Place, and Fountain Square. Ideal for a house hacker, long-term investor, or Airbnb host, this property offers exceptional versatility and value. Each spacious unit boasts 3 large bedrooms, 2 bathrooms, and an open-concept living area that flows seamlessly into a sleek, kitchen, designed for both comfort and entertaining. Every inch of this duplex has been meticulously updated with brand-new finishes and stylish touches. Located in one of the most sought-after areas of town, it offers convenience-walk or bike to Eli Lilly, explore nearby downtown hotspots, or hop on the highway within minutes for an effortless commute. Whether you're looking to live in one unit and rent out the other or capitalize on short-term rental opportunities, this property is a true investment goldmine. With cutting-edge renovations and prime location appeal, this duplex presents a unique opportunity to combine modern living with smart financial planning. Schedule your showing today and see why this property is the perfect blend of style, location, and investment potential!

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Multi-Family Active

Price

$ 535,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,642

Style

Contemporary

Lot Size

0.07

Year Built

1921

Town/City

Indianapolis

County/Region

Marion

MLS | Web ID

22006424
Features
General
Cooling Central Electric
Possession Closing Negotiable
Roof Shingle
Exterior Features Lighting
Architectural Style Contemporary
Security Features Fire Alarm
Construction Materials Cement Siding
Year Built 1921
Tenant Pays Electricity
Township Center
Levels Two
Building Design Duplex
Tax Year 2023
Current Use Apt<20
County Marion
New Construction N
Property Type Residential Income
Subdivision Name Hendricks
Status Active
Directions GPS Friendly
City Indianapolis
High School District Indianapolis Public Schools
NumberOfUnitsTotal 2
MLS Area 4913 - Marion - Center Se
Lot Size Square Feet 3180
Structure Type Duplex
Standard Status Active
Tax Lot 47
Legal Description Hendricks Sub L47 Ol99 Ex Tri Tr 7.59Ft El X30ft Nl N End For Hwy
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Exterior
Parking Features Alley Access Gravel
Lot Size Acres 0.07
Road Surface Type Asphalt
Road Frontage Type City Street
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Interior
Basement (Y/N) Y
Laundry Features Laundry Room
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* Excluded Features
List By
Match House Realty Group Llc

Broker

valerie@matchhouserealty.com

Email

Affordability Calculator

$3,424
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,204
Monthly Property Taxes
$220
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4044905 Elementary School
4044909 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
11/26/2024 $535,000 -0.93% Price Down
11/9/2024 $540,000 -1.82% Price Down
10/22/2024 $550,000 Listed Price

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518 Prospect Street, Indianapolis, IN, 46203 is a Multi-Family Home for sale at $535,000 with a lot size of 0.07. 518 Prospect Street is a studio with 0.0 baths and was built in 1921. The property's zip code is 46203 which is in Indianapolis, IN

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