# 2223 Prospect Street, Indianapolis, IN 46203 > **TL;DR:** 6bd/4ba multi-family, $299,000, built 1920. > A/C. Est. $1,599/mo. Listed 38 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $299,000 | | Bedrooms | 6 | | Bathrooms | 4 full | | Year Built | 1920 | | Lot Size | 5,227 sqft (0.12 acres) | | Stories | 2 | | Property Type | Multi-Family (Duplex) | | Status | Active | | Days on Market | 38 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $1,512 | | Estimated Insurance | $87 | | **Total** | **$1,599** | ## Key Amenities - A/C ## Property Highlights - Built in 1920 - 0.12 acre lot - 2 stories ## Description ### Agent Description 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. ## Location - **Address:** 2223 Prospect Street, Indianapolis, IN 46203 - **County:** Marion - **Neighborhood:** Dennys Prospect Street - **Coordinates:** 39.752226, -86.123402 - **Google Maps:** https://www.google.com/maps?q=39.752226,-86.123402 ## Virtual Tour & Media - **Video Tour:** https://indy-realty-pics.aryeo.com/sites/rqlgzoxx/unbranded ## Listing Agent - **Name:** Peter Stewart - **Brokerage:** Keller Williams Indianapolis Metro North - **Broker Phone:** (317) 846-6300 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/2223-Prospect-St_Indianapolis_IN_46203_M39183-28639?f=listhub&s=MIBORIN&m=22127423&c=propsimple) ## Photos ![2223 Prospect Street - Photo 1](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f2136643075r.jpg) ![2223 Prospect Street - Photo 2](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f3100341433r.jpg) ![2223 Prospect Street - Photo 3](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f588363810r.jpg) ![2223 Prospect Street - Photo 4](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f3520020410r.jpg) ![2223 Prospect Street - Photo 5](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f270902635r.jpg) ![2223 Prospect Street - Photo 6](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f3248752293r.jpg) ![2223 Prospect Street - Photo 7](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f1570152221r.jpg) ![2223 Prospect Street - Photo 8](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f3618498798r.jpg) ![2223 Prospect Street - Photo 9](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f4175665451r.jpg) ![2223 Prospect Street - Photo 10](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f2246315046r.jpg) ![2223 Prospect Street - Photo 11](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f267408238r.jpg) ![2223 Prospect Street - Photo 12](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f769984524r.jpg) ![2223 Prospect Street - Photo 13](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f2836741188r.jpg) ![2223 Prospect Street - Photo 14](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f652625004r.jpg) ![2223 Prospect Street - Photo 15](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f3505235244r.jpg) ![2223 Prospect Street - Photo 16](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f259812162r.jpg) ![2223 Prospect Street - Photo 17](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f1103192137r.jpg) ![2223 Prospect Street - Photo 18](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f2170848516r.jpg) ![2223 Prospect Street - Photo 19](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f16182444r.jpg) ![2223 Prospect Street - Photo 20](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f3773165601r.jpg) ![2223 Prospect Street - Photo 21](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f668527013r.jpg) ![2223 Prospect Street - Photo 22](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f3956454007r.jpg) ![2223 Prospect Street - Photo 23](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f3759503313r.jpg) ![2223 Prospect Street - Photo 24](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f1177122493r.jpg) ![2223 Prospect Street - Photo 25](http://lh.rdcpix.com/ec108440fc8ea02060eab271f446f3edl-f814618750r.jpg) --- **MLS#:** 22127423 | **Updated:** 2026-10-23 **Source:** listhub *Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://staging.propertysimple.ai/listing/2223-prospect-street-indianapolis-in-46203-5d33529eca1a42b68813b80ffd082064) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://staging.propertysimple.ai/listing/2223-prospect-street-indianapolis-in-46203-5d33529eca1a42b68813b80ffd082064#listing", "url": "https://staging.propertysimple.ai/listing/2223-prospect-street-indianapolis-in-46203-5d33529eca1a42b68813b80ffd082064", "name": "2223 Prospect Street, Indianapolis, IN 46203", "description": "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. 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