RARE DUPLEX TRIPLEX HYBRID: Fully Renovated with 3 Income Streams! Whether you are looking for a lucrative addition to your portfolio or a high-end house hack where your tenants pay your mortgage, this turnkey property delivers unmatched flexibility and cash flow potential. The Layout & Bonus Suite: Two Modern Units: Each side features a spacious 2 BR / 2 BA layout with modern finishes, open concepts, and independent in-unit laundry. The Secret Weapon: One side features a private studio in-law suite with its own separate entrance. Perfect for an Airbnb/VRBO, a mid-term rental for traveling professionals, or multigenerational living. Upgraded From the Studs Up (Zero CapEx Needed): Skip the renovation headaches. Everything is brand new and engineered for efficiency: All-new electrical, plumbing, and HVAC systems. Whole-house tankless instant hot water system (never run out of hot water). Whole-house water softener for added luxury and appliance longevity. Investment Strategy: Live for Free: Occupy one 2-bedroom unit, rent out the other 2-bedroom unit long-term, and run a high-margin short-term rental out of the studio suite!
Active
$475,000
2018 Prospect St, Indianapolis, IN 46203
3beds
3baths
--sqft
Multi Family, Triplex
Built in 1910
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern finishesFully renovatedIndependent in-unit laundryOpen conceptsWhole-house water softener
- 49 days |
- 115 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Gloria Gear 317-750-4998,
Keller Williams Indy Metro Partners
Source: MIBOR as distributed by MLS GRID,MLS#: 22111493
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Features
- Has basement: Yes
Property
Parking
- Total spaces: 2
- Parking features: Detached
- Garage spaces: 2
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 491007168001000101
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Triplex
Condition
- New construction: No
- Year built: 1910
Community & HOA
Community
- Subdivision: Vandeman & Hunters
Location
- Region: Indianapolis
Financial & listing details
- Tax assessed value: $398,800
- Annual tax amount: $8,592
- Date on market: 7/3/2026
- Cumulative days on market: 52 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Listed for sale | $475,000 |
Source:  MIBOR as distributed by MLS GRID #22111493 Report a problem | ||
| 7/1/2026 | Listing removed | $475,000 |
Source: MIBOR as distributed by MLS GRID #22072753 Report a problem | ||
| 6/18/2026 | Listed for sale | $475,000-5% |
Source: MIBOR as distributed by MLS GRID #22072753 Report a problem | ||
| 5/19/2026 | Listing removed | $500,000 |
Source: MIBOR as distributed by MLS GRID #22072753 Report a problem | ||
| 11/19/2025 | Listed for sale | $500,000+455.6% |
Source: MIBOR as distributed by MLS GRID #22072753 Report a problem | ||
| 8/31/2025 | Listing removed | $2,250 |
Source: Zillow Rentals Report a problem | ||
| 2/25/2025 | Price change | $2,250-27.2% |
Source: Zillow Rentals Report a problem | ||
| 11/4/2024 | Listed for rent | $3,090 |
Source: Zillow Rentals Report a problem | ||
| 6/14/2019 | Sold | $90,000-10% |
Source: MIBOR as distributed by MLS GRID #21643651 Report a problem | ||
| 6/5/2019 | Pending sale | $100,000 |
Source: Keller Williams Realty Indy Metro West #21643651 Report a problem | ||
| 5/30/2019 | Listed for sale | $100,000 |
Source: Keller Williams Indy Metro W #21643651 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,593 +0.3% | $398,800 +10.1% |
| 2024 | $8,568 +50.7% | $362,100 +0.2% |
| 2023 | $5,685 +173.5% | $361,200 +50% |
| 2022 | $2,079 +21.8% | $240,800 +167.3% |
| 2021 | $1,707 +106.1% | $90,100 +22.3% |
| 2020 | $828 +10.3% | $73,700 -4.9% |
| 2019 | $750 +8% | $77,500 +10.4% |
| 2018 | $695 +2.6% | $70,200 +6.5% |
| 2017 | $678 +80.4% | $65,900 +8% |
| 2016 | $376 +31.8% | $61,000 +59.3% |
| 2014 | $285 -13.9% | $38,300 |
| 2013 | $331 | $38,300 |
| 2012 | $331 | $38,300 +23.9% |
| 2011 | -- | $30,900 |
| 2010 | $147 +5.6% | $30,900 |
| 2009 | $139 | $30,900 +5.8% |
| 2007 | -- | $29,200 -1.7% |
| 2006 | -- | $29,700 |
| 2005 | -- | $29,700 |
| 2004 | -- | $29,700 -56.5% |
| 2003 | -- | $68,300 +188.2% |
| 2002 | -- | $23,700 +200% |
| 2001 | -- | $7,900 |
| 2000 | -- | $7,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Fountain Square
Nearby schools
GreatSchools rating
- 6/10William McKinley School 39Grades: PK-5Distance: 0.5 mi
- 10/10H.L. Harshman Magnet Middle SchoolGrades: 6-8Distance: 2 mi
- 2/10Arsenal Technical High SchoolGrades: 9-12Distance: 1.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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