SoldMay 2, 2025

Listed by Matt Ajdaharian from Real Broker, LLC

Bought with Garrett Lawton from Trueblood Real Estate

Source: MIBOR Service Corporation #22025426

1327 Prospect St, Indianapolis, IN, 46203

$505,000

7579 sq. ft.

Duplex

30+ days on the market

Sold: May 2, 2025

What's around 1327 Prospect St

About this property

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.

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