2018 Prospect St

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Description

2018 Prospect St, this attractive property presents a unique opportunity to own a piece of architectural history. Built in 1910, this triplex has been lovingly maintained and has had a complete renovation and update, including all new electrical, plumbing and mechanicals. Units 1 and 2 are mirror images of each other. The living rooms are a bright and airy space, enhanced by the soaring vaulted ceiling, which creates an atmosphere of grandeur and openness. The kitchen features shaker cabinets and...2018 Prospect St, this attractive property presents a unique opportunity to own a piece of architectural history. Built in 1910, this triplex has been lovingly maintained and has had a complete renovation and update, including all new electrical, plumbing and mechanicals. Units 1 and 2 are mirror images of each other. The living rooms are a bright and airy space, enhanced by the soaring vaulted ceiling, which creates an atmosphere of grandeur and openness. The kitchen features shaker cabinets and a backsplash, creating a stylish and functional eat-in area. There is also a laundry area, complete with a washer and dryer at the end of this space. Both bedrooms and one full bathroom are upstairs, while there is an extra full bathroom downstairs. These units have been used as both mid and short-term rentals, but there is plenty of flexibility to live in one unit with the possibilities of short, mid, or long-term rentals for all units. Furnishings are negotiable. Bonus! a studio apartment in the back upstairs, accessed by exterior stairs to a deck/balcony. This unit is consistently booked as a profitable short-term rental. This property also features a porch, a fenced backyard, and a detached 2-car garage offering a variety of outdoor spaces to enjoy. With 2880 square feet of living area on a 4095 square feet lot, this completely renovated two-story triplex offers an exceptional investment opportunity for discerning buyers seeking a blend of historic charm and modern amenities.
  1. Listed by Gloria Gear • Keller Williams Indy Metro S

Property Details for 2018 Prospect Street

Architectural Style
Other, Traditional
Subdivision Name
Vandeman & Hunters
Township
Center
LISTING UPDATED: 12/08/2025 08:57 AM

Property Details for 2018 Prospect Street

StatusActive
MLS #22072753
Days on Market81
Taxes$4,296 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1910
Lot Size0.09 AC / 3,920 SF
CountyMarion County

Location

Listing Courtesy of Keller Williams Indy Metro S
Add your commute

Building Information for 2018 Prospect Street

Stories-Residences3Year Built1910Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$3,153 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,437

Property Taxes

$716

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2018 Prospect Street

Summary
Location and General Information
  • City: Indianapolis
  • County Or Parish: Marion
  • Directions: GPS Friendly
  • Postal Code: 46203
  • Postal Code Plus4: 2031
  • Road Access: Access Rd
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 491007168001000101
  • Semi Annual Property Tax Amt: 4296
  • Tax Year: 2024
  • TaxLot: 2
School Information
  • School District: Indianapolis Public Schools
Owner
  • Owner Pays: All Utilities
Parking
  • Garage Spaces: 2.0
Virtual Tour
Property
Lot Information
  • Acreage: <1/4 Acre
  • Building Information: Storage
  • Current Use: Apt<20
  • Lot Description: Access, Not In Subdivision
  • Lot Size Square Feet: 4095.0
  • Lot Size Acres: 0.09
  • New Construction: False
  • Structure Type: Triplex
  • Year Built Numeric: 1910
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • Conversion: No
  • DPRYN: Yes
  • Legal Subdivision: Vandeman & Hunters Evergreen L2
  • Photos Count: 33
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Transaction Type: Sale
Utilities
  • Solid Waste: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement YN: Yes
  • Cooling: Wall Unit(s)
  • Levels: Two
  • Laundry Features: Connections All
  • Multi Baths: 5
  • Multi Beds: 5
Multi Family
Multi-Family Information
  • Total Units: 3
  • Garage Parking: 2 Car Garage
Income & Expenses
  • Expenses: 0
  • Gross Income: $.00
Unit 1
  • Unit Kitchen: 1
  • Unit Levels: 2
  • Unit Miscellaneous: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
  • Unit Rent Frequency: Monthly
  • Unit Type Type: 2 Bedroom
Unit 2
  • Unit Kitchen: 1
  • Unit Levels: 1
  • Unit Miscellaneous: Range/Oven,Refrigerator
  • Unit Rent Frequency: Monthly
  • Unit Type Type: Studio
Rental
Rental Information
  • Tenant Pays: NotApplic

Property History for 2018 Prospect Street

DateEvent & SourcePriceAppreciation
Nov 19, 2025

Listed (Active)

MIBORMLS #22072753

$500,000—
Jun 14, 2019

Sold

MIBORMLS #21643651

$90,000—
Jun 13, 2019

Sold (Public Record)

Public Record #649519831

$90,000

+151741.1% / yr

Jun 5, 2019

Pending

MIBORMLS #21643651

—
May 29, 2019

Listed (Active)

MIBORMLS #21643651

$100,000—
May 6, 2019

Sold (Public Record)

Public Record #646192167

$42,000—
DateEvent & SourcePrice
11/19/2025

Listed (Active)

MIBORMLS #22072753

$500,000
06/14/2019

Sold

MIBORMLS #21643651

$90,000
06/13/2019

Sold (Public Record)

Public Record #649519831

$90,000

+151741.1% / yr

06/05/2019

Pending

MIBORMLS #21643651

—
05/29/2019

Listed (Active)

MIBORMLS #21643651

$100,000
05/06/2019

Sold (Public Record)

Public Record #646192167

$42,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2018 Prospect Street

Taxable ValueLand$15,300Additions$346,800Total$362,100
Tax Record2024$8,593 ($716 / month)
Home Facts
Total Finished SqFt1,440 SqFtAbove Grade Finished SqFt1,440 SqFtStories2Lot Size4,095 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910Year Renovated2021CountyMARIONAPN49-10-07-168-001.000-101

Schools near 2018 Prospect Street

This home is within Indianapolis Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - PK to 6
Public - PK to 8
Rating
School
Distance
Ralph Waldo Emerson School 58
PublicPK to 6

Christian Park School 82
PublicPK to 6

Eleanor Skillen Elementary School 34
PublicPK to 6

William Penn School 49
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

2018 Prospect Street is a multi-family home for sale in Indianapolis, IN 46203. This property was listed for sale on November 19, 2025 by Keller Williams Indy Metro S, it's currently listed at $500,000. It has been on the market for a total of 81 days and was last sold on June 14, 2019. This listing's school district is Indianapolis Public Schools. Nearby schools include Ralph Waldo Emerson School 58, Christian Park School 82 and Eleanor Skillen Elementary School 34. 2018 Prospect Street is a 0-bed, 0-bath, multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Indy Metro S

Based on information submitted to the MLS GRID as of 12/08/2025 08:57 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.