522 Prospect Street, Indianapolis, IN 46203

Property Description

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.

Listing Status:

Active

Listing Office:

eXp Realty, LLC : 574-780-1143

Listing Agent:

Jacob Deacon : 574-780-1143

MLS ID:

22053037

Interior

• Laundry: Connections All

Construction

• General: Two

Location

• Originating MLS: mibor
• School District: Indianapolis Public Schools
• County: Marion

Lot

• Zoning: Hendricks Sub Ex Irr Tr 15.17Ft El X 7.59Ft Wln End L48 Ol99491112101041000101
• Current Use: Vacant

Financial

• Source: mibor

This listing courtesy of Jacob Deacon, eXp Realty, LLC