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$525,000 -

1327 Prospect Street Indianapolis IN 46203

-
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.17
Acres

Tremendous opportunity to purchase a multi-unit in one of Fountain Square's most desirable locations! This triplex is a rare find with incredible investment potential. A brand-new HVAC system was just installed in one of the units. Two of the three units have been renovated with updated HVAC, electrical, plumbing, kitchen, and bath. The third unit remains unrenovated and has had a long-term tenant. Property is zoned C-5 for high-density mixed use, allowing for future office or commercial space. The location of the property provides an excellent opportunity to combine with the vacant lot next door for a high-density mixed-use project in the heart of Fountain Square.

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Property Details

Price: $525,000 Previously: $525,000 Originally: $525,000 Bathrooms: 0.00 MLS #: 22025426 Year Built: 1930 Township: Center Type: Residential Income Zip Code: 46203 City: Indianapolis Subdivision: Hubbard Etal Southeast Add County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Cooling: Central Electric

Exterior Features

Exterior Features:
  • # Acres: 0.17

Listing Office: Real Broker, Llc

Office Contact: ajdmanagementllc@gmail.com

Similar Properties To: 1327 Prospect Street, Indianapolis

$525,000

Suncrest
MLS® #:
22028780
Provider:
Highgarden Real Estate
3041 S Kercheval Street, Indianapolis

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2025 Metropolitan Indianapolis Board of REALTORS®. All rights reserved.

Listing information last updated on April 10th, 2025 at 4:31pm EDT.

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