LKV Realty
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$189,900
$900Reward *
4405 Prospect Street, Indianapolis, IN 46203Listing ID 22099054

4405 Prospect Street, Indianapolis, IN 46203

Active
Time on site: 107 daysLast updated: Jul 20, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
1
Square Feet
Square Feet
960
Acres
Acres
0.26
Days on Site
Days on Site
96
Cooling
Cooling
Dual, Wall Unit(s)
Heating
Heating
Zoned, Electric, Wall Furnace
Year Built
Year Built
1949
Parking
Parking
On Street

Investment Opportunity with Strong Cash Flow, this is it! Immediate income with this fully renovated 4-bedroom, 1-bath investment property. With lease in place through IHA at $2,310/month which aligns with key investor benchmarks. Move-in date of May 8, 2026. The home has been completely gutted down to the studs and thoughtfully remodeled from top to bottom, offering peace of mind and low maintenance for years to come. Major upgrades include, new metal roof, all-new mechanicals, updated electrical with a 200-amp panel, and a mini-split system with supplemental heat making this property incredibly cost-effective. Inside, the property features luxury vinyl plank flooring throughout, a beautifully updated kitchen with granite countertops, new cabinetry, stainless steel appliances, and modern finishes, plus recessed lighting and contemporary touches that elevate the entire space. The functional layout offers four bedrooms, providing flexibility and strong rental appeal. Additional improvements such as new windows, exterior siding, and a tankless water heater offer enhanced efficiency and long-term value. Whether you're expanding your portfolio or securing your first investment, this is a true turnkey opportunity with built-in returns from day one.

Property Information

Property Details

Location

Address
4405 Prospect Street
County
Marion
City
Indianapolis
Zip Code
46203
School District
Indianapolis Public Schools
High School
Arsenal Technical High School
Elementary School
Christian Park School 82
MLS Area
4910 - Marion - Center

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
4
Full Bathrooms
1

Building

Building Information

Square Feet
960
Year Built
1949
Construction
Vinyl Siding
Foundation
Crawl Space
Condition
Updated/Remodeled

Property Taxes

Tax Year
2024
Trueblood Real Estate, (317) 288-5148

Market Report for 46203

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MIBOR REALTOR® Association
MIBOR REALTOR® Association logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 05:27 PM 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MBR43773