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.
Active
Price cut: $10K (9/18)
$415,000
522 Prospect St, Indianapolis, IN 46203
5beds
3baths
--sqft
Est.:
Multi Family, Triplex
Built in 1923
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modern kitchensNew flooringNew roof
- 24 days |
- 778 |
- 30 |
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