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2018 Prospect Street Indianapolis, IN 46203

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For Sale
$500,000

Traditional, Triplex - Indianapolis, IN

Type:Triplex
Lot size:
0.09 Acres
Added:
Nov 19, 2025
Days on Market:
156
Last Refresh:
Apr 24 at 5:06 pm

Property Features for 2018 Prospect Street

General Information

Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Security features
Smoke Detector(s)
Basement Y/N
1
Standard status
Active
APN
491007168001000101
Lot size
0.09 Acres

Utilities

Cooling system
Multi Units, Wall Unit(s)

Building Details

Year built
1910
Number of units
3
Building materials
Vinyl Siding
Architectural style
New Traditional

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Listing Contact
Gloria Gear
Gloria Gear

Listing agent Gloria Gear License #RB16001575

Listing office Keller Williams Indy Metro S Kingston St Ste 100, Avon, IN

Listing date Nov 19, 2025

MLS# 22072753 Listing URL

Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Renovated Triplex with Income Potential

This fully renovated triplex offers flexibility and income potential. The property features two 2-bed, 2-bath units, with one unit enhanced by a private studio in-law suite with a separate entrance, suitable for additional income, guests, or multi-generational living. The home has been updated from top to bottom, including new electrical, plumbing, and HVAC systems. Additional upgrades include a new energy-efficient whole-house instant hot water system and a whole-house water softener. Each living space features modern finishes, functional layouts, and in-unit laundry. The property is suited for an owner-occupant looking to house hack, allowing them to live in one unit while generating income from the rest. The flexible layout allows maximizing rental potential with long-term tenants, extended family, or additional private living space. The property offers the opportunity to offset your mortgage while owning a low-maintenance, income-producing asset.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Indianapolis
County
Hamilton
State
Indiana
Longitude
-86.126267
Latitude
39.752629

FAQs

What type of property is this?
Triplex - Fully renovated triplex in Indianapolis with flexible living 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 $500,000.
What are key features of this property?
This property features: Fully renovated duplex with new electrical, plumbing, and HVAC systems; Private studio in‑law suite with separate entrance, ideal for income; Two spacious 2 bed / 2 bath units with modern finishes and in‑unit laundry
More about this property
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