$750,000

Change currency

Select Currency

Antillean Guilder

Argentina Peso

Aruban Florin

Australian Dollar

Bahamian Dollar

Barbadian Dollar

Belize Dollar

Bermudan Dollar

Bitcoin

Brazil Real

Bulgarian Lev

Canadian Dollar

Cayman Islands Dollar

Chile Peso

China Yuan Renminbi

Columbian Peso

Costa Rican Colón

Czech Republic Koruna

Denmark Krone

Dominican Peso

Euros

Fiji Dollar

Ghanaian Cedi

Honduras Lempira

Hong Kong Dollar

Hungary Forint

Iceland Krona

India Rupee

Indonesia Rupiah

Israel Shekel

Jamaican Dollar

Japan Yen

Korea (South) Won

Lebanese Pound

Malaysia Ringgit

Mexico Peso

Mauritian Rupee

New Zealand Dollar

Nicaraguan Córdoba

Nigerian Naira

Norway Krone

Pakistan Rupee

Panamanian Balboa

Peruvian Sol

Philippine Peso

Poland Zloty

Russia Ruble

Singapore Dollar

South Africa Rand

Sweden Krona

Switzerland Franc

Taiwan New Dollar

Thailand Baht

Trinidad & Tobago Dollar

Turkey Lira

United Arab Emirates Dirham

United Kingdom Pound

Uruguayan Peso

US Dollar

Viet Nam Dong

Qatar Riyal

 

517 Prospect Street Indianapolis, IN, United States 46203

Proposed New Construction Duplex in the Heart of Downtown Indianapolis! Discover a rare opportunity to own a brand-new, high-performing duplex just steps from everything downtown Indy has to offer. Built by Paradigm Construction-one of the Midwest's premier builders known for quality craftsmanship and forward-thinking design-this project offers the perfect blend of investment potential and modern urban living. Ideally positioned between the southeast corridor of Downtown, Fountain Square, and Bates-Hendricks, the location offers unmatched access to some of Indy's most vibrant neighborhoods. Whether you're an owner-occupant looking to offset your mortgage with rental income, or a seasoned investor seeking a sleek addition to your portfolio, this property delivers. Each side of the duplex features 3 spacious levels with 3 bedrooms, 2.5 bathrooms, private balconies with views of the Eli Lilly campus and downtown skyline, and premium finishes throughout. Highlights include quartz countertops, stainless steel appliances, LVP flooring, modern designer touches, and 4-car off-street parking. Projected long-term rental rates range from $3,000-$3,500 per unit per month-or even more with the right short-term rental strategy! Construction is ready to begin, with the opportunity for buyers to select finishes and customize final details. Break ground now and be ready just in time for next spring and summer's peak rental season!

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Other
  • Year Built: 2026
  • Built in 2026
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 22047411
  • Status: Active
Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Property brokered by

@properties Indianapolis

(317) 489-3441

Get more listing details on brokerage site

Presented by Tyler Willis

  • (317) 489-3441 (Office Phone)

Contact Tyler Willis

Contact Agent

Similar Listings

  • 558 E 82Nd Street
    Indianapolis, IN, United States $775,000 Bedrooms: 0 Full Bathrooms: 0 Details
  • 110 E Washington Street #900
    Indianapolis, IN, United States $760,000 Bedrooms: 3 Full Bathrooms: 3 Details
  • 958 Tamarack Cir N Drive
    Indianapolis, IN, United States $698,000 Bedrooms: 3 Full Bathrooms: 2 Partial Bathrooms: 1 Details
  • 757 Massachusetts Avenue #201
    Indianapolis, IN, United States $799,900 Bedrooms: 3 Full Bathrooms: 2 Partial Bathrooms: 1 Details
  • 1421 E 11Th Street
    Indianapolis, IN, United States $695,000 Bedrooms: 3 Full Bathrooms: 2 Partial Bathrooms: 1 Details


Language

Sign In

To save and share favorite properties