GET MORE INFORMATION
We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.
Listed by Matt Ajdaharian • Real Broker, LLC
$ 505,000
$ 525,000 3.8%
Est. payment /mo
Sold on 05/02/2025
1327 Prospect ST Indianapolis, IN 46203
7,405 Sqft Lot
UPDATED:
Key Details
Sold Price $505,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Subdivision Hubbard Etal Southeast Add
MLS Listing ID 22025426
Sold Date 05/02/25
Year Built 1930
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Triplex
Property Description
Tremendous opportunity to purchase a multi-unit in one of Fountain Square's most desirable locations! This triplex is a rare find with incredible investment potential. A brand-new HVAC system was just installed in one of the units. Two of the three units have been renovated with updated HVAC, electrical, plumbing, kitchen, and bath. The third unit remains unrenovated and has had a long-term tenant. Property is zoned C-5 for high-density mixed use, allowing for future office or commercial space. The location of the property provides an excellent opportunity to combine with the vacant lot next door for a high-density mixed-use project in the heart of Fountain Square.
Location
State IN
County Marion
Interior
Fireplace N
Building
Story Two
New Construction false
Schools
School District Indianapolis Public Schools
© 2025 Listings courtesy of MIBOR as distributed by MLS GRID. All Rights Reserved.