Renovated Side-by-Side
New
For Sale
$299,000
2223 Prospect Street, Indianapolis, IN 46203
Residential Income, Indianapolis, IN
Property SizeContact for details
Lot Size0.12 Acres
Days on Market4
Property Features for 2223 Prospect Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 5, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 6, Basement, Bedroom 4, Bathroom 3
Basement
Partial, Unfinished
Subdivision
Dennys Prospect Street
Lot features
Access
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
491018178009000101
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
William C Dennys Prospect Street Add L137
Tax Annual Amount
5338
Legal Description
William C Dennys Prospect Street Add L137
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
laundry hookups
basement storage
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Building materials
Vinyl With Brick
Listing Agency:
Keller Williams Indpls Metro N · Keller Williams Realty
(317) 846-6300
Listed By:
Peter Stewart · License #RB15000083
(317) 450-9202
Added: Sep 24
Last Checked: Sep 27 at 1:06PM
MLS# 22127423
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 side-by-side duplex contains two similar two-story residences, each with 3 bedrooms, 1.5 baths, and 1,362 square feet. Both were renovated in 2022 and include central heating and air conditioning, separate utility meters, and partially finished-use, unfinished basements for storage. One unit has a 2025 furnace; the other has a furnace approximately 10 years old. Both air-conditioning systems date to 2022.
One residence is leased through October 31, 2027, and the other is vacant. The property is in Fountain Square, with Downtown Indianapolis and restaurants, entertainment, hospitals, universities, and major employers described as nearby.
One residence is leased through October 31, 2027, and the other is vacant. The property is in Fountain Square, with Downtown Indianapolis and restaurants, entertainment, hospitals, universities, and major employers described as nearby.
Key Highlights
- Two side‑by‑side units, each with 3 bedrooms, 1.5 baths, and 1,362 square feet
- Both residences renovated in 2022; two‑story layouts with unfinished basements
- One unit leased through 10/31/27; the other is vacant
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
442
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - One residence is leased through October 31, 2027, while the second is vacant and ready for occupancy or leasing.
Where is this duplex located?
The property is located at 2223 Prospect Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 3 bedrooms, 1.5 baths, and 1,362 square feet; Both residences renovated in 2022; two‑story layouts with unfinished basements; One unit leased through 10/31/27; the other is vacant
