2018 Prospect Street, Indianapolis, IN 46203

Building Details

Year built

1910

Number of units

3

Listing agent Gloria Gear License #RB16001575 Show Phone

Listing office Keller Williams Indy Metro Partners j***@kw.com Kingston St Ste 100 8102, Avon, IN Show Phone

Listing date Jul 1, 2026

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MLS# 22111493 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.

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Overview

This fully renovated duplex/triplex-style property is designed for multiple income streams, featuring two matching 2-bedroom, 2-bath units with modern finishes, open layouts, and independent in-unit laundry. In addition, one side includes a private studio-style in-law/bonus suite with its own separate entrance, creating a distinct space that can be used as an extra rental unit.

The home is located at 2018 Prospect Street in Indianapolis, Indiana 46203, in Marion County. The property has been upgraded throughout for a turnkey ownership experience.

From an operational standpoint, the layout supports separate occupancy across the two 2-bedroom units and the standalone studio suite. Both 2-bedroom units offer full-size living arrangements with in-unit laundry, while the separately entered studio provides a separate option for tenants seeking a private, self-contained space. Major systems have been replaced, including new electrical, plumbing, and HVAC, along with a whole-house tankless instant hot water system and a whole-house water softener.

Suggested Use

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

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

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FAQs

What type of property is this?

Triplex - Fully renovated income property with two 2-bedroom units plus a separate-entry studio suite for flexible living or leasing.

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: 2‑unit/3‑income duplex‑triplex hybrid with two modern 2BR/2BA units plus a private studio in‑law suite; Each 2BR/2BA unit features an open concept layout and independent in‑unit laundry; Studio in‑law suite has its own separate entrance for short‑term or multi‑generational use