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Residential Income Property
For Sale
$725,000

517 Prospect Street, Indianapolis, IN 46203

A residential income property identified with a 2026 construction year in Marion County.

Property SizeContact for details
Days on Market201

Property Features for 517 Prospect Street

General Information

Standard status Active
Property subtype Residential Income

Building Details

Year Built 2026
Listing Agency:
Listed By: Zachary Douglas
Source: Evrealestate
Added: Feb 12 Changed: Aug 31 Last Checked: Sep 1 at 2:28PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zachary Douglas

Investment Insights

Based on property information with market context.

This residential income property is located at 517 Prospect Street in Indianapolis, Indiana. The property information identifies a 2026 construction year and places the asset in Marion County.

Key Highlights

  • 2026 construction year
  • Located at 517 Prospect Street, Indianapolis, IN 46203
  • Marion County location

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Pharmacy Storage Facility (Bike/Boat/Book/etc) Store Electrical Service HVAC Service

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

1,196
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - A residential income property identified with a 2026 construction year in Marion County.
Where is this residential income property located?
The property is located at 517 Prospect Street Indianapolis, IN.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 2026 construction year; Located at 517 Prospect Street, Indianapolis, IN 46203; Marion County location
More about this property
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