2223 Prospect StreetIndianapolis, IN 46203




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Enter an interest rate to see your estimated monthly payment.Attention investors and house hackers! 2223-2225 E Prospect St offers a rare opportunity to own a spacious, fully renovated side-by-side duplex in highly desirable Fountain Square, just minutes from Downtown Indianapolis. Both units were fully renovated in 2022 and each features 3 bedrooms, 1.5 baths, 1,362 sq ft, and a nearly identical two-story layout. The main level offers high ceilings, attractive laminate flooring, a large living room, formal dining room with half bath, and a spacious kitchen with updated cabinetry, stainless steel appliances, and laundry hookups. Upstairs are three carpeted bedrooms and a full bath, while partial unfinished basements provide additional storage. Both units have central heat and air. One side features a new 2025 furnace and 2022 AC, while the other has an approximately 10-year-old furnace and 2022 AC; both condensers are protected by metal security cages. One unit is leased through 10/31/27 at $1,250/month, currently below market rent, providing future income upside. The other is vacant, turnkey, and ready for an owner-occupant or new tenant. All utilities are separately metered and tenant-paid. With Fountain Square's long track record of redevelopment, walkability, and proximity to Downtown, restaurants, entertainment, hospitals, universities, and major employers, this is an excellent opportunity for long-, mid-, or short-term rental strategies.
| 12 hours ago | Listing first seen on site | |
| 12 hours ago | Listing updated with changes from the MLS® |
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Based on information submitted to the MLS GRID as of 2026-09-25 03:29 AM UTC. 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.
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