• Property Type
  • Single Family Residence, Residential
  • 4
  • Bedrooms
  • 1
  • Bathroom
  • 960 Sqft
  • Area Size
4405 Prospect Street, Indianapolis, IN 46203
  • $195,900
  • $195,900

Description

If you’ve been looking for the right turnkey 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.

  • Address: 4405 Prospect Street
  • City: Indianapolis
  • State/county: IN
  • Zip/Postal Code: 46203
  • Area: No Subdivision

Details

Updated on May 1, 2026 at 6:21 pm
  • Property ID 22099054
  • Price $195,900
  • Property Size 960 Sqft
  • Land Area 0.26 Acres
  • Bedrooms 4
  • Rooms 7
  • Bathroom 1
  • Garage Size x x
  • Year Built 1949
  • Property Type Single Family Residence, Residential
  • Property Status Active

Additional details

  • Utilities Electricity Connected,Sewer Connected,Water Connected
  • Cooling Dual,Wall Unit(s)
  • Heating Zoned,Electric,Wall Furnace
  • County Marion
  • Property Type Residential
  • Parking On Street
  • Elementary School Christian Park School 82
  • High School Arsenal Technical High School
  • Architectural Style Ranch

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Preeti Chaggar

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