This is a Mixed-Use property. It's a rare opportunity in Fountain Square neighborhood on a highly visible corner with C4 zoning. This building features three fully leased apartments upstairs and two commercial spaces downstairs. The Karate studio is leased and the adjacent commercial space is currently suitable for office/retail and storage. There is secure parking at the rear of the building. All major mechanicals have been updated.
Active
$729,000
1701 Prospect St, Indianapolis, IN 46203
3beds
3baths
--sqft
Multi Family, Triplex
Built in 1918
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Highly visible corner
- 61 days |
- 274 |
- 17 |
Zillow last checked:
Listing updated:
Listed by:
Daniel McNeal 317-902-3177,
@properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22095960
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Property
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 491018222015000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Condition
- New construction: No
- Year built: 1918
Community & HOA
Community
- Subdivision: Ostermeyers
Location
- Region: Indianapolis
Financial & listing details
- Annual tax amount: $4,650
- Date on market: 5/6/2026
- Cumulative days on market: 63 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/6/2026 | Listed for sale | $729,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Fountain Square
Nearby schools
GreatSchools rating
- 6/10William McKinley School 39Grades: PK-5Distance: 0.4 mi
- 5/10Arlington Community Middle SchoolGrades: 6-8Distance: 2.2 mi
- 1/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Marion County
- Indianapolis
- 46203
- Fountain Square
- 1701 Prospect St





