Skip to content
Photo 1 of 15
Photo 1 of 15 — 1701 Prospect Street, Indianapolis, IN 46203
View all 15 photos→

1701 Prospect Street, Indianapolis, IN 46203

Marion County

Key Facts

5,368Sq Ft
1918Year Built
0.14Lot (acres)
2Stories

Description

Rare opportunity in Fountain Square neighborhood on a highly visible corner with C4 zoning. This building features three fully leased apartments upstairs and two commercial spaces downstairs. The Karate studio is leased and the adjacent commercial space is currently suitable for office/retail and storage. There is secure parking at the rear of the building. All major mechanicals have been updated.

Property Information

Property Type

Commercial Sale

Sub-Type

Mixed Use

Year Built

1918

Stories

2

Living Area

5,368 sq ft

Lot Size

0.14 acres

Zoning

C4

Days on Market

4

MLS® Listing#

22095954

Property Features

Utilities

Cable AvailableCable ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Financial Details

Parcel Number

491018222015000101

Directions

GPS Friendly

Affordability Calculator

$145,800

Estimated monthly payment

$3,880/mo

Principal $583,200 · Est. interest $813,616 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Indianapolis, IN

$275,725
Median Listing Price
54
Median Days on Market
1,632
Median Sq Ft
$159
Median Price / Sq Ft
3,260
Active Listings
  • This home’s price is 164% above the area median.
  • Its price per sq ft is 15% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Indianapolis, IN.

Location

Map showing the location of 1701 Prospect Street, Indianapolis, IN 46203

Points of Interest in Indianapolis, IN

Showing the Indianapolis area map.

Nearby Schools

  • Emmaus Lutheran School

    School · 0.3 mi away

  • Otis E Brown Elementary School

    Elementary · 0.3 mi away

  • William McKinley School 39

    Elementary · 0.4 mi away

  • Longfellow Magnet Middle School

    School · 0.6 mi away

  • Sense Charter

    Elementary · 0.7 mi away

  • Fountain Square Academy

    School · 0.7 mi away

  • Frederick Douglass School

    Elementary · 0.9 mi away

  • Florence Fay Elementary School

    Elementary · 0.9 mi away

  • Piloted Schools in

    Elementary · 0.9 mi away

  • Lumen Christi Catholic School

    School · 1.0 mi away

  • Holy Cross Central School

    School · 1.2 mi away

  • Indianapolis Public Schools

    Elementary · 1.2 mi away

  • Urban Act Academy

    School · 1.2 mi away

  • James A Garfield School 31

    Elementary · 1.3 mi away

  • Ips #112

    School · 1.5 mi away

  • Margaret McFarland Middle School

    School · 1.5 mi away

  • Paramount Englewood

    Secondary · 1.5 mi away

  • Purdue Polytechnic High Schools

    Secondary School · 1.5 mi away

  • Wing Walkers the Lilly Child Development Center

    School · 1.5 mi away

  • Central Christian Academy

    School · 1.5 mi away

Commute Calculator

Travel mode

Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Indianapolis

Listing Courtesy: @properties - dan@atpropertiesind.com

Listings courtesy of MIBOR as distributed by MLS GRID. IDX information is provided exclusively for consumers’ personal non-commercial use. This data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID, use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. 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.

Last Updated: 2026-05-06

Data Terms of Use
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com. “The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by MIBOR. MLS® Listing#22095954. © 2026EXIT Realty®. All rights reserved.