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517 Prospect Street, 
Indianapolis, IN 46203

$700,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Zachary Douglas

Canull Group LLC.

317-496-3632

Last updated:

January 1, 2026, 04:38 AM

MLS#

22071863

Source:

IN MIBOR

About This Home

517 Prospect Street

Proposed New Construction Duplex | 517 Prospect St - Downtown Indianapolis / Eli Lilly District Modern new-build duplex by Paradigm Construction & Development, ideally located just south of Eli Lilly HQ and the downtown core. Each two-story home (with basement) offers 3 bedrooms, 2.5 baths, open living space. Located just south of Eli Lilly HQ and minutes from Gainbridge Fieldhouse and Lucas Oil Stadium-prime for savy, short-term rental owner, investor or owner occupancy. This site sits in one of Indy's strongest growth corridors-perfect for an owner-occupant, house hacker, or short-term-rental investor. Walkable to Fountain Square, Virginia Ave corridor, and the Cultural Trail.

Home Facts

Multi-Family

Built in 2026

Price Summary

700,000

MLS #:

22071863

Last Updated:

January 1, 2026, 04:38 AM

Added:

8 day(s) ago


Structure

Structure

Year Built:

2026


Lot

Lot Size (Sq. Ft):

2,613


Finances & Disclosures

Finances

Price:

$700,000

Source:IN MIBOR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.