Indianapolis, IN 46203,1327 Prospect ST
Indianapolis, IN 46203,1327 Prospect ST
Indianapolis, IN 46203,1327 Prospect ST
19
Listed by Matt Ajdaharian • Real Broker, LLC
$505,000
$525,000
3.8%
Est.Price: ?

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7,405 Sqft Lot

1327 Prospect ST Indianapolis, IN 46203

Est. payment /mo
SOLD DATE : 05/02/2025

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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

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agent

Stephen Barton

Agent | License ID: RB14052302

+1(317) 694-4774

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