List Search

517 N. Prospect St
Indianapolis, IN 46203 Bates-Hendricks

$750,000 USD

Apartments For Sale  •  2,490 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,490 SF
  • Lot Size 0.06 AC
  • Zoning D8
40 Transit Score
76 Walk Score

Highlights

Proximity to Major Employers: Eli Lilly, IU Health, and numerous corporate offices are within walking distance, ensuring a steady stream of high-quali
Downtown Conveniences: Walkable access to dining, entertainment, and cultural events in Indianapolis’s thriving downtown.
Enduring Cash Flow: With premium rental rates and high demand, this asset is set to deliver reliable returns for years.
Market Versatility: Dual-income opportunities—long-term leases and short-term rentals—maximize your investment’s earning potential.
Pre-Permitted & Ready to Build: Save time and resources with plans and permits in place. Investors can break ground immediately, accelerating the path

Property Flyers

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Bay Window
  • Ceiling Fans
  • Granite Countertops
  • Ice Maker
  • Oven
  • Stainless Steel Appliances
  • Carpet
  • Basement
  • Double Pane Windows
  • Freezer
  • Vinyl Flooring

Public Transportation

Commuter RailDriveWalkDistance
Indianapolis (Cardinal - Amtrak) 2 min - 1.2 mi
AirportDriveWalkDistance
Indianapolis International 25 min - 13.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Josh Hodgens 463-238-4726 Paradigm Construction & Development, LLC
Josh Hodgens 463-238-4726 Paradigm Construction & Development, LLC