Renovated Triplex with Studio
For Sale
$475,000
2018 Prospect Street, Indianapolis, IN 46203
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.09 Acres
Days on Market63
Property Features for 2018 Prospect Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Exterior features
Balcony
Subdivision
Vandeman & Hunters
Elementary school district
Indianapolis Public Schools
Middle school district
Indianapolis Public Schools
High school district
Indianapolis Public Schools
Directions
GPS Friendly
Standard status
Active
APN
491007168001000101
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Vandeman & Hunters Evergreen L2
Legal Description
Vandeman & Hunters Evergreen L2
Amenities
in-unit laundry
Building Details
Year built
1910
Number of units
3
Listing Agency:
Keller Williams Indy Metro Partners · Keller Williams Realty
(317) 271-5959
Listed By:
Gloria Gear · License #LB16001575
(317) 271-5959
Added: Jul 1
Changed: Aug 28
Last Checked: Sep 1 at 10:06AM
MLS# 22111493
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This renovated triplex includes two two-bedroom, two-bathroom units, each with an open-concept layout, contemporary finishes, and its own in-unit laundry. One of the larger units also contains a private studio suite with a separate entrance, creating a distinct third living area. A balcony adds exterior space.
The property at 2018 Prospect Street in Indianapolis was built in 1910 and has been extensively updated. Improvements include new electrical, plumbing, and HVAC systems, along with a whole-house tankless water-heating system and water softener. The separate studio suite is identified as suitable for short-term or mid-term rental use, while the two primary units provide additional residential income or occupancy flexibility.
The property at 2018 Prospect Street in Indianapolis was built in 1910 and has been extensively updated. Improvements include new electrical, plumbing, and HVAC systems, along with a whole-house tankless water-heating system and water softener. The separate studio suite is identified as suitable for short-term or mid-term rental use, while the two primary units provide additional residential income or occupancy flexibility.
Key Highlights
- Two 2 BR / 2 BA units with open‑concept layouts and modern finishes
- Private studio suite with separate entrance
- Independent in‑unit laundry in both primary units
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
Explore this area
Business Placement
Demographics for 46203, IN
38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit configuration combines modern finishes, private entrances, and separate laundry for flexible occupancy options.
Where is this triplex located?
The property is located at 2018 Prospect Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two 2 BR / 2 BA units with open‑concept layouts and modern finishes; Private studio suite with separate entrance; Independent in‑unit laundry in both primary units
