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4 Beds
1 Bath
960 sqft

$189,900

4405 Prospect Street, Indianapolis IN, 46203

Price per sqft$197.81
Built in1949
Property size960 sqft
Property typeResidential
Courtesy of Trueblood Real Estate, Patricia McCormick Listing Contact:

Overview

Active

Listed May 1, 2026

Updated Jul 21

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.

$1,263/mo

Est. mortgage payment based on a $189,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
22099054

Interior Features

Bedrooms
4
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.26 Acres

Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Michele Snyder shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 3:22 PM UTC on 7/21/2026. 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.

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