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2018 Prospect Street

Indianapolis, IN 46203
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Bed 0

Bed

Bath 0

Bath

Acres0.09

Acre(Lot)

Discover a fully renovated duplex offering exceptional flexibility and income potential. This property features two spacious 2 bed / 2 bath units, with one side enhanced by an additional private studio in-law suite with its own separate entrance - perfect for added income, guests, or multigenerational living. Completely updated from top to bottom, this home includes all new electrical, plumbing, and HVAC systems, delivering true turnkey ownership with minimal maintenance. Additional upgrades include a new energy-efficient whole-house instant hot water system and a whole-house water softener, adding comfort and efficiency throughout. Each living space features modern finishes, functional layouts, and in-unit laundry for everyday convenience. This setup is ideal for an owner-occupant l ooking to house hack - live in one unit while generating income from the rtest. The flexible layout allows you to maximize rental potential in a way that fits your lifestyle, whether that's long-term tenants, extended family, or additional private living space. With its "all new everything" renovation and versatile configuration, this property offers a rare opportunity to offset your mortgage while owning a low-maintenance, income-producing asset.

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Detail Ic Property Details

Property Type : Residential Income

Price : $475,000

AD Id : 85053597

MLS Id : MBR22072753

Lot Size : 0.09 Acre

Year Built : 1910

Garage : 2

County : Marion

Subdivision: Vandeman & Hunters

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Feature Features

  • Room Information

    Has Basement: Yes
  • Flooring Information

    Construction Materials: Vinyl Siding
  • Heating & Cooling

    Cooling: Wall Unit(s)

  • Building Information

    Year Built: 1910

  • Lot Information

    Lot Description: Access, Not In Subdivision Lot Square Feet: 4095 Lot Acres: 0.09

    Property Information

    Property Type: Residential Income Sub Type: Triplex Style: Other, Traditional Structure Type: Triplex

  • Listing Price Information

    Original List Price:$500000

  • Tax Information

    Tax Lot: 2 Tax Legal Description: Vandeman & Hunters Evergreen L2 Tax Year: 2024 Parcel Number: 491007168001000101

  • Location Information

    Subdivision: Vandeman & Hunters City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1305 Ringgold Avenue, Indianapolis, IN, 46203 $825,000 -- -- --
517 Prospect Street, Indianapolis, IN, 46203 $750,000 -- -- --
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ByOwner last updated this listing 06/18/2026 @ 06:20

MLS: MIBOR #22072753 LISTED BY: Gloria Gear, Keller Williams Indy Metro S 317-271-5959 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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