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C4 Zoned Mixed-Use Land
For Sale
$90,000

2041 Prospect Street, Indianapolis, IN 46203

Land, Indianapolis, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market372

Property Features for 2041 Prospect Street

General Information

Property type Land
Property subtype Other
Zoning C4
Subdivision Long & Harlans Pleasant Ave Add
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 491018112049000101
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Long & Harlans Pleasant Ave Add L3
Legal Description Long & Harlans Pleasant Ave Add L3

Utilities

Sewer type Public Sewer
Listing Agency: eXp Realty, LLC
Listed By: Marcia Souers · License #RB14034797
Added: Aug 22, 2025 Changed: Aug 19 Last Checked: Aug 28 at 7:06PM
MLS# 22058627

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.

Investment Insights

Based on property information with market context.

This 0.1-acre parcel is offered for sale with C4 zoning. The C4 zoning classification allows residential housing for both single-family and multi-family uses, as well as numerous commercial operating options.

According to the public remarks, the property is located minutes from the downtown Indianapolis area and local infrastructure. It is also described as being just east of Fountain Square, an area noted for its commercial history and current blend of local commerce and housing.

For buyers evaluating a small development site, the C4 zoning provides flexibility to pursue either residential development (single-family or multi-family) or a variety of business-oriented concepts, including retail, hotel, business use, and automotive repair. The property’s size and zoning flexibility may make it a practical choice for operators and developers seeking a compact site with multiple permitted pathways under the current zoning parameters.

Key Highlights

  • 0.1‑acre lot with flexible C4 zoning
  • C4 zoning allows residential housing for single‑family or multi‑family use
  • C4 zoning also permits a range of commercial uses including retail, hotel, business, and automotive repair

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Skin Care Clinic Pharmacy (Bike/Boat/Book/etc) Store Computer & Electronic Repair Law Firm Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

464
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 0.1-acre C4 lot allowing both residential and a broad range of commercial uses, including retail, hotel, and automotive repair.
Where is this commercial land located?
The property is located at 2041 Prospect Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $90,000.
What are key features of this property?
This property features: 0.1‑acre lot with flexible C4 zoning; C4 zoning allows residential housing for single‑family or multi‑family use; C4 zoning also permits a range of commercial uses including retail, hotel, business, and automotive repair
More about this property
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