522 Prospect Street, Indianapolis, IN 46203

Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
522 Prospect Street,Indianapolis, IN 46203
$415,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:jacob deacon
Office:exp realty, llc.
MLS#:22053037
Source:IN_MIBOR

Price summary

  • Price:$415,000

About this home

This fully furnished triplex at 522 Prospect Street presents an excellent opportunity for investors looking for a strong income property with even more potential ahead. Featuring two 2 bed/1 bath units and one 1 bed/1 bath unit, the property has received updates including new flooring, modern kitchens, a new roof, water heater, and furnace. All furnishings are included in the sale, offering a streamlined setup for the next owner. Previously operated as an Airbnb with a proven track record of success, it carries a projected monthly revenue of $6,575 according to AirDNA. Situated near Eli Lilly headquarters and just blocks from Fountain Square and Downtown, it's positioned for high demand. The seller is offering an escrow holdback to support repairs needed and is willing to negotiate terms to help the right buyer maximize long-term returns. Being sold as-is, this property provides multiple options for use and income generation, making it a standout investment in a prime location.

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Home facts

  • Year built:1923
  • Listing ID #:22053037
  • Added:61 day(s) ago
  • Updated:September 25, 2025 at 01:28 PM

Structure and exterior

  • Year built:1923
  • Lot area:0.06 Acres

Finances and disclosures

  • Price:$415,000