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  • 518 Prospect St

    Indianapolis, IN 46203

    Apartment building
    3-6 beds
    In-unit laundry (W/D)

    Available units

    This building may have units for rent or for sale. Select a unit to contact.

    What's special

    High-speed wi-fiFully equipped kitchenSmart tvCozy furnishings
    Feel at home in this charming 3-bedroom apartment in Indianapolis. Nestled just steps from the vibrant Fountain Square district and only minutes from Downtown Indianapolis, this inviting apartment offers the perfect mix of comfort, convenience, and local charm. This apartment features a bright, modern living area with cozy furnishings, a fully equipped kitchen, high-speed Wi-Fi, and a smart TV. Fresh linens and thoughtful amenities ensure a stress-free stay. Free parking is available on the property. Explore the vibrant Fountain Square district, known for its eclectic restaurants, coffee shops, live music, and art galleries. Downtown Indianapolis is just minutes away, with easy access to Lucas Oil Stadium, Gainbridge Fieldhouse, the Zoo, and the Children's Museum. Fountain Square is highly walkable, and downtown Indianapolis is less than 5 minutes by car or rideshare. The Cultural Trail, a popular bike and pedestrian path, runs right through Fountain Square and leads directly into downtown. IndyGo bus routes connect Fountain Square to downtown and other parts of the city. There is a $100 penalty fee for removing smoke detectors. Smoking inside or outside on the patio, balcony, parking lot, or within 50ft of the property is strictly prohibited, and any smell noticed by cleaners or any physical evidence of smoking will result in a fine of $300 to cover the cost of deep cleaning and ozone treatment. Parties and events are strictly prohibited, and any evidence of a party or event will result in a fine of $500, legal action, and possible eviction without reimbursement, plus the cost of any extra cleaning or damages. An unauthorized animal/pet fee is $250. Any evidence of willful or negligent loss or damage to the property will be charged at direct replacement cost plus a fine of up to $300. Guests are required to keep towels and linens in good condition, and any permanent stains on towels or linens will fall into the category of negligent damage. Any evidence of a guest breaking posted house rules can result in a fine of up to $1000 and/or eviction from the property. Unapproved late checkout will result in a $50 charge for every hour after the scheduled checkout time. Check-in details will be sent on the day of check-in. All guests are screened using a third-party partner. No weapons, firearms, drugs, or illegal sexual activity of any sort are allowed, and violators will be reported to police and the contract will be terminated immediately. Guests staying longer than 28 days will be responsible for paying utilities used during their stay.

    Facts, features & policies

    Unit features

    Appliances
    • Dishwasher
    • Dryer
    • Refrigerator
    • Washer

    Neighborhood: Near Southside

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    • Arts Scene
      Galleries, murals, and cultural venues showcase creativity and artistic talent.
      Dining Scene
      From casual bites to fine dining, a haven for food lovers.
      Downtown Close
      Proximity to downtown offers quick access to jobs, dining, and culture.
      Biking Trails
      Safe, accessible paths for cycling, commuting, and outdoor enjoyment.
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    Home to Fountain Square, Bates-Hendricks, and Fletcher Place, 46203 mixes historic cottages and murals with a lively arts-and-dining pulse. Expect four seasons, warm summers, and crisp autumns. Virginia Avenue lines up Bovaconti and Calvin Fletcher's, brunch at Milktooth, dinners at Bluebeard, vintage shops, Fountain Square Brewing, HI-FI live music, and duckpin bowling in the Fountain Square Theatre Building. The Indianapolis Cultural Trail and Pleasant Run Trail make biking easy, and you are minutes from I-65 and I-70 and IndyGo Red Line stops to downtown. Garfield Park’s Conservatory and Sunken Gardens, ponds, and playgrounds add green space, markets, and pet-friendly hangouts. Daily needs are covered by Wildwood Market and neighborhood grocers, with bigger shopping close by. Housing spans renovated lofts to classic doubles; per Zillow Market Trends, recent months show a median rent around $1,400, with most listings roughly $1,100 to $2,100 depending on size and updates.

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    Travel times

    Walk, Transit & Bike Scores

     / 100
    Some Transit

    Nearby schools in Indianapolis

    GreatSchools rating

    Frequently asked questions

    What is the transit score of 518 Prospect St?

    518 Prospect St has a transit score of 41, it has some transit.

    What schools are assigned to 518 Prospect St?

    The schools assigned to 518 Prospect St include Center for Inquiry School 2, Arsenal Technical High School, and Crispus Attucks Medical Magnet High School (9-12).

    Does 518 Prospect St have in-unit laundry?

    Yes, 518 Prospect St has in-unit laundry for some or all of the units.

    What neighborhood is 518 Prospect St in?

    518 Prospect St is in the Near Southside neighborhood in Indianapolis, IN.