Homes for Sale in Indiana - Investment

• 

  

  

  /16

  $119,900

  Pending

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  3638 W Monroe St, Napoleon, IN 47034

  Take a look at this cozy 2-bedroom, 1-bath home in Napoleon! The open kitchen and living room create a comfortable space to gather, with a counter bar. The bathroom has been nicely updated, and you'll find newer vinyl flooring along with some newer windows throughout the home. Best of all, all of the appliances stay, making moving in that much easier. 22' x 28' detached garage offers plenty of

  

  Noah Haring

  Lohmiller Real Estate

  3638 W Monroe St, Napoleon, IN 47034
• 

  

  /2

  $85,000

  • Land
  • 8.1 Acres
  • $10,494 per Acre

  2 Straightline Pike, Richmond, IN 47374

  Explore the potential of tract 2, an 8.1-acre tract, (to be surveyed for exact measurements) offering opportunities for development or investment. Multiple tracts can be combined to meet your goals. Electric service is available. Water access to be determined. Lines are located along Straitline Road however, for information on water main extensions to the site, contact Indiana American Water

  

  Andrea White

  Whites Realty

  2 Straightline Pike, Richmond, IN 47374
• 

  

  

  /3

  $40,000

  • Land
  • 21,780 Sq Ft
  • $80,000 per Acre

  402 Hayes Ave, Salem, IN 47167

  INVESTMENT PROPERTY

  

  April Smith

  RE/MAX FIRST

  402 Hayes Ave, Salem, IN 47167
• 

  

  

  /44

  $385,000

  $40K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,360 Sq Ft

  455 Woodlawn Ave Unit 457, Chesterton, IN 46304

  Here's your opportunity to enjoy homeownership while generating rental income! This well-maintained duplex offers an ideal owner-occupied investment, with the neighboring rental unit helping offset your monthly mortgage payment. The spacious owner's residence features 2 bedrooms, 2 bathrooms, and a finished basement that provides plenty of additional living and entertaining space. The adjoining

  

  Paul Boyter

  McColly Real Estate

  455 Woodlawn Ave Unit 457, Chesterton, IN 46304
• 

  

  

  /25

  $124,900

  $5K PRICE DROP

  • 1,545 Sq Ft

  321 2nd St, Rising Sun, IN 47040

  Great opportunity in Rising Sun, Indiana! This multi-family property features both upper and lower units, offering flexibility for investors or owner-occupants alike. The lower unit is currently rented, providing immediate income, with lease details available upon request. Ideally located within walking distance to local amenities, this property offers convenience and strong rental appeal. Live

  

  Jeff McGownd

  Keller Williams Realty Service

  321 2nd St, Rising Sun, IN 47040
• 

  

  /16

  $90,000

  Pending

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  742 S April Dr, Cromwell, IN 46732

  Opportunity awaits with this cozy 2-bedroom, 1-bath home! Featuring a simple, functional layout with a comfortable living room, kitchen, and an attached 1-car garage, this home offers a great starting point for someone ready to add their own personal touches. With a little TLC and updating, it has plenty of potential to become a charming home or investment property. Whether you're a first-time

  

  Tammy Larowe

  The Douglass Home Team, LLC

  742 S April Dr, Cromwell, IN 46732
• 

  

  /24

  $550,000

  • 9 Beds
  • 5 Baths
  • 4,750 Sq Ft

  1024 W Country Club Dr Unit 1016, 1022, 1024A, a, Bloomington, IN 47403

  1.69 acres with a total of 4 rental units and 4 separate deeds. Deed one is a 1 bedroom, 1 bath home located at 1016 Country Club leased for $895 per month until July 22, 2027. This home has an unfinished basement and sits on .42 acres. Deed two is a 1/2 acre vacant lot zoned R2. Deed 3 is a .33 acre vacant lot also zoned R2. Deed 4 is the balance of the property with .44 acres and 3 rental

  

  Brandy Holdeman

  Realty Professionals

  1024 W Country Club Dr Unit 1016, 1022, 1024A, a, Bloomington, IN 47403
• 

  

  /33

  $170,000

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,136 Sq Ft

  403 Fletcher Ln, Beech Grove, IN 46107

  Two-bedroom, 2 full bathroom home in Beech Grove, with a great layout and convenient location. This home features two large living spaces, a cozy kitchen with dining area, two bedrooms, and two full bathrooms; one being very large and features a walk-in shower and the laundry area. The secondary living room has a fireplace and could make a great office or could easily be converted (and was

  

  Steve Slavin

  Coldwell Banker Real Estate Group

  403 Fletcher Ln, Beech Grove, IN 46107
• 

  

  /26

  $85,000

  • Land
  • 7 Acres
  • $12,143 per Acre

  10801 Rd, Bennington, IN 47011

  Tract 2 of 2 consists of approximately 7 acres located in Switzerland County, Indiana. The entire parcel is open pasture and used for hay ground, offering a versatile property that may be suitable for agricultural, residential, recreational, or investment purposes. The property is currently maintained for hay production and features gently rolling open ground that can continue to support

  

  Brad Garrison

  Whitetail Properties

  10801 Rd, Bennington, IN 47011
• 

  

  /40

  $300,000

  Pending

  • 10 Beds
  • 2 Baths
  • 2,478 Sq Ft

  409 S Swain Ave, Bloomington, IN 47401

  **AUCTION – LIST PRICE IS THE OPENING BID PRICE. Established IU campus-area investment property at 409 S Swain Ave, conveniently located just off Atwater Avenue. This one-story property offers approximately 2,478 finished SF, including approximately 1,113 SF of finished basement space. County records identify 8 bedrooms, 4 full baths, two kitchen sinks and two water heaters. The property is

  

  Cody Coffey

  United Country Coffey Realty & Auction

  409 S Swain Ave, Bloomington, IN 47401
• 

  

  /48

  $376,000

  • Land
  • 39.7 Acres
  • $9,471 per Acre

  T2 E Cr 550 N, North Vernon, IN 47265

  This +/- 39.7 acre tract in Jennings County, Indiana combines established hardwood timber, strong wildlife numbers, and a private setting on a dead end county road. It works for a future residence, hunting retreat, a recreational property, or a timber-backed land investment in southern Indiana. The property fronts East County Road 550 North with approximately 1,200 feet of road frontage, just

  

  Brad Garrison

  Whitetail Properties

  T2 E Cr 550 N, North Vernon, IN 47265
• 

  

  /24

  $475,000

  • 8 Beds
  • 4 Baths
  • 1,896 Sq Ft

  1218 S 13th 1/2 St, Terre Haute, IN 47802

  New Duplex Investment Opportunity – Terre Haute, Indiana Here is a chance to add a clean, brand-new income-producing property to your real estate portfolio: two newly constructed duplexes offering four total rental units in Terre Haute. Each unit features a spacious 2-bedroom, 1-bath layout with attractive granite countertops, nice cabinetry, and finishes designed to appeal to today’s renter.

  

  Delmar Wagler

  Integrity Realty Group LLC

  1218 S 13th 1/2 St, Terre Haute, IN 47802
• 

  

  /26

  $335,000

  $40K PRICE DROP

  • 6 Beds
  • 3 Baths
  • 4,368 Sq Ft

  211 W Railroad St, Kentland, IN 47951

  INVESTMENT OPPORTUNITY! This 3 unit, townhouse style property is fully occupied, well maintained, and income producing from the start of ownership. If you are looking to add to your portfolio or start investing in passive income opportunities, this is the property for you. Low maintenance, convenient location, and a high demand rental market will keep the income flowing. Call an agent today.

  

  Trisha Potts

  RE/MAX Executives

  211 W Railroad St, Kentland, IN 47951
• 

  

  /19

  $82,000

  • 3 Beds
  • 2 Baths
  • 1,424 Sq Ft

  624 N Washington St, Marion, IN 46952

  DUPLEX ! Great Investment ! Lots Of Storage Space And Built In Cabinet Space ! Beautiful Original Hardwood Floors Throughout The Home ! French Doors That Lead To A Great Size Dinning Room Or Could Be Used For An Office !! Upstairs Offers Vinyl Flooring With Built Ins Through Out ! Large Living Room Area !! With Some TLC This Could Be A Great Investment Opportunity !! Both units are rented !!

  

  Kayla Poling-Garcia

  F.C. Tucker Realty Center

  624 N Washington St, Marion, IN 46952
• 

  

  /24

  $225,000

  $40K PRICE DROP Pending

  • 8 Beds
  • 2 Baths
  • 3,240 Sq Ft

  7316 W 140th Place, Cedar Lake, IN 46303

  Investor's Dream in Cedar Lake, Indiana - A True Blank Canvas with Major Upgrades Already Done! Welcome to this fantastic opportunity in the heart of Cedar Lake! Whether you're an investor, looking for a cozy weekend retreat, a potential Airbnb rental, or even a future permanent residence, this home offers incredible flexibility and value. This property is a genuine blank canvas -- the interior

  

  Jason Moon

  Trueblood Real Estate, LLC

  7316 W 140th Place, Cedar Lake, IN 46303
• 

  

  /27

  $199,000

  • 2 Beds
  • 1 Bath
  • 936 Sq Ft

  1409 Culbertson Ave, New Albany, IN 47150

  Welcome home to this beautifully maintained 2-bedroom, 1-bath bungalow that blends timeless character with thoughtful updates. From the moment you arrive, you'll appreciate the inviting covered front porch, perfect for relaxing with your morning coffee or unwinding in the evening.Inside, the home showcases its original charm with rich natural woodwork, classic built-ins, and spacious

  

  Matt Lincoln

  Schuler Bauer Real Estate Services ERA Powered (N

  1409 Culbertson Ave, New Albany, IN 47150
• 

  

  /4

  $8,900

  $15K PRICE DROP

  • Land
  • 5,662 Sq Ft
  • $68,462 per Acre

  1801 S Q St, Elwood, IN 46036

  3 Lots starting at the corner of 18th and S Q St. Investment opportunity awaits.

  

  Jon Ash

  Arc Realty

  1801 S Q St, Elwood, IN 46036
• 

  

  /23

  $145,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,540 Sq Ft

  1125 W Congress Ave, Indianapolis, IN 46208

  Whether you are looking to secure your next dream home or seeking a high-potential asset to expand your investment portfolio, this home offers the perfect blend of location, versatility and opportunity! Don't miss your chance to own a home that balances comfort with solid investment value! Schedule your private tour today to explore everything this residence has to offer.

  

  Lora Reynolds

  Epique Inc

  1125 W Congress Ave, Indianapolis, IN 46208
• 

  

  /24

  $189,900

  • 2,040 Sq Ft

  201 Walker Ave, Aurora, IN 47001

  Versatile multifamily property available in Aurora, Indiana! The lower unit features 3 bedrooms, 1 full bath, basement access, and laundry, and is currently occupied on a month-to-month basis. The upper unit offers 1 bedroom and 1 full bath and is currently vacant, providing immediate occupancy or rental potential. Conveniently located near local amenities, this property offers flexibility for a

  

  Jeff McGownd

  Keller Williams Realty Service

  201 Walker Ave, Aurora, IN 47001
• 

  /2

  $35,000

  $8K PRICE DROP

  • Land
  • 1.46 Acres
  • $23,973 per Acre

  0 W Kem Rd Unit 202548894, Marion, IN 46952

  Great business/investment location with nearly 1.5 acres of land, located right behind Jimmy John's. Great location for daycare or storage units because it is beside 2 large apartment complexes. The west side borders an unpaved street, which is shorter than the length of the property. While it's not zoned for commercial use yet, it's surrounded by businesses. Rezoning would be needed for

  

  Suzie Mack

  F.C. Tucker Realty Center

  0 W Kem Rd Unit 202548894, Marion, IN 46952
• 

  

  /18

  $199,900

  $35K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 546 Sq Ft

  12 Tryon Farm Ln, Michigan City, IN 46360

  Nestled within the highly sought-after, coveted Tryon Farm community, this exceptional 1-bedroom, 1-bathroom turnkey condo offers the ultimate modern country lifestyle. Motivated seller!!! As a premier nature-focused retreat, the property grants daily access to 170 acres of preserved meadows, rolling dunes, and mature forests, all while being located just 1.5 miles from the beautiful beaches of

  

  Meghan Maddox

  MTM Realty Group

  12 Tryon Farm Ln, Michigan City, IN 46360
• 

  

  /13

  $724,900

  • Land
  • 22.2 Acres
  • $32,653 per Acre

  0 N State Road 13 Unit MBR22113566, Elwood, IN 46036

  Prime Development Opportunity! Exceptional corner location featuring 3 parcels totaling 22.214 scenic acres. This property is not being sold simply as farm ground. The true value lies in its immense development potential and close proximity to the city. Boasting excellent road frontage and optimal visibility on a high-potential corner, this acreage offers a blank canvas for future growth,

  

  Jon Ash

  Arc Realty

  0 N State Road 13 Unit MBR22113566, Elwood, IN 46036
• 

  

  /7

  $119,900

  $10K PRICE DROP Pending

  • 3 Beds
  • 2 Baths
  • 1,104 Sq Ft

  448 Dawson St, Columbus, IN 47201

  Major updates already completed! This 3-bedroom, 2-bath manufactured home offers 1,104 square feet of comfortable living space and a long list of recent improvements. The title was retired in 2025, and you'll appreciate the peace of mind that comes with a new roof, new HVAC system, new septic system, and new well. Inside, the functional layout provides comfortable everyday living with space to

  

  Trish Meier

  eXp Realty, LLC

  448 Dawson St, Columbus, IN 47201
• 

  

  /22

  $269,000

  • 2 Beds
  • 1 Bath
  • 832 Sq Ft

  5245 N 290 W, Howe, IN 46746

  Turnkey short-term rental opportunity on the Pigeon River. Nicely renovated 2-bedroom, 1-bath waterfront home with direct access to Pigeon Lake with private dock, fire pit, back deck, and fully furnished interior. Just minutes from Shipshewana and area attractions, with easy access to the Indiana Toll Road and major travel routes. Currently operating as a successful short-term rental, this

  

  Rich Carpenter

  Bright Star Real Estate Services LLC

  5245 N 290 W, Howe, IN 46746
• 

  

  /23

  $289,900

  New Construction $35K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,705 Sq Ft

  1538 Ringgold Ave, Indianapolis, IN 46203

  Welcome to 1538 Ringgold Ave! Built in 2024, this modern 2-bedroom, 2.5-bath home offers 1,586 sq ft of stylish, thoughtfully designed living space just minutes from the restaurants, entertainment, nightlife, and energy of Fountain Square and downtown Indianapolis. The bright, open main level features LVP flooring, recessed lighting, exposed ductwork, and abundant natural light. The updated

  

  Dana Duncan

  F.C. Tucker Company

  1538 Ringgold Ave, Indianapolis, IN 46203
• 

  

  /63

  $269,900

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,638 Sq Ft

  923 S State Ave, Indianapolis, IN 46203

  Located in the heart of Fountain Square, one of Indianapolis's most sought-after and vibrant neighborhoods, this charming 3-bedroom, 1.5-bath multi-level traditional American town home offers the perfect blend of character, convenience, and income potential. Step inside to discover a warm and inviting layout designed for both everyday living and entertaining. The home features boutique-style

  Jim Gilday eXp Realty, LLC

  923 S State Ave, Indianapolis, IN 46203
• 

  

  /72

  $265,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths

  3740 Asbury St, Indianapolis, IN 46227

  Investor opportunity with immediate rental income and significant value-add potential! This property includes two well-maintained homes, a buildable lot situated between them, and an additional heated garage. Further maximize the property by finishing the basement, which already has a separate private entrance, into an additional unit or developing the middle lot for a third standalone property.

  Antwon Culbreath Redfin Corporation

  3740 Asbury St, Indianapolis, IN 46227
• 

  

  /38

  $320,000

  $25K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,424 Sq Ft

  6597 S State Road 257, Velpen, IN 47590

  Nestled on 4.15 acres of lush, wooded landscape, this beautifully maintained cabin offers the perfect blend of privacy, comfort, and natural beauty. Featuring a spacious loft, two full bathrooms, and an inviting open living area with expansive windows, the home is designed to bring the outdoors in while filling the space with natural light and scenic views. Step outside to enjoy your own private

  William Walsh SELL4FREE-WELSH REALTY CORPORATION

  6597 S State Road 257, Velpen, IN 47590
• 

  

  /25

  $440,000

  $25K PRICE DROP

  • 9 Beds
  • 4 Baths
  • 1,672 Sq Ft

  5001 Magoun Ave, East Chicago, IN 46312

  This 4-unit property presents a strong, stabilized investment opportunity. Three of the four units have been recently updated, reducing near-term capital expenditure needs. All tenants were placed within the past 24 months through a thorough screening process, including criminal background, credit, and employment verification, resulting in a reliable tenant base and minimized turnover risk. With

  Michael Dailey Listing Leaders

  5001 Magoun Ave, East Chicago, IN 46312
• 

  

  /14

  $178,000

  • 6 Beds
  • 0.5 Baths
  • 4,170 Sq Ft

  607 E Charles St, Muncie, IN 47305

  A rare opportunity to own a distinctive historic property just minutes from downtown Muncie. Located at 607 E. Charles Street in the beautiful Emily Kimbrough historic area, this 1855 structure offers more than 4,000 square feet of space, two parcels, and dedicated off-street parking — all at an exceptionally approachable price point. For more than 50 years, the property was home to The Bargain

  Steve Slavin Coldwell Banker Real Estate Group

  607 E Charles St, Muncie, IN 47305
• 

  

  /46

  $649,900

  $50K PRICE DROP Pending

  • 2 Beds
  • 1.5 Baths
  • 2,520 Sq Ft

  8774 Lake Rd, Jasonville, IN 47438

  Nestled among 32.24 picturesque wooded acres just minutes from Shakamak State Park, this extraordinary property offers a rare opportunity to own your own private retreat. Surrounded by mature hardwoods and overlooking a beautiful watershed, this secluded cabin combines rustic charm, modern comfort, and endless possibilities for recreation or investment. Whether you're searching for a full-time

  Trey Miller RE/MAX Mainstream

  8774 Lake Rd, Jasonville, IN 47438
• 

  

  /41

  $360,000

  $40K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,470 Sq Ft

  3832 Carrollton Ave, Indianapolis, IN 46205

  Welcome Home to this Fully Furnished Midtown gem, where modern comfort meets timeless charm. This beautifully updated 4 Bedroom home has been thoughtfully renovated w/exceptional attention to detail while preserving its classic character. A spacious Front Porch welcomes you & your guests into a bright, inviting Entry filled w/natural light. The open-concept layout seamlessly blends historic charm

  Kelly DeSchryver Carpenter, REALTORS®

  3832 Carrollton Ave, Indianapolis, IN 46205
• 

  

  /23

  $379,700

  $19K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,370 Sq Ft

  425 E Dodds St, Bloomington, IN 47401

  Looking for an excellent 3 bedroom 2 bath investment property just blocks away from Indiana University campus that has been meticulously taken care of? This home has a large living room with picture windows, a remodeled kitchen, separate dining room with the washer and dryer behind the louver doors, an en-suite bedroom with private bath, and a third bedroom with built in cabinetry. The spacious

  Andy Welsh SELL4FREE-WELSH REALTY CORPORATION

  425 E Dodds St, Bloomington, IN 47401
• 

  

  /50

  $999,900

  • 13 Beds
  • 7 Baths
  • 11,691 Sq Ft

  616 W Superior St, Fort Wayne, IN 46802

  Once-in-a-Lifetime Investment & Historic Masterpiece in Downtown Fort Wayne!First time on the market since 2007! This grand Greek Revival historic landmark—originally built by famed architect Henry Williams for Hugh McCulloch, who once served as the Secretary of the Treasury under Presidents Abraham Lincoln, Andrew Johnson and Chester Arthur—presents a truly rare acquisition opportunity. Rich in

  Jordan Wildman eXp Realty, LLC

  616 W Superior St, Fort Wayne, IN 46802
• 

  

  /56

  $240,000

  Pending

  • 4 Beds
  • 2 Baths

  3946 S Walcott St, Indianapolis, IN 46227

  This turnkey investment opportunity features a well-maintained duplex with two 2-bedroom units, both currently leased at $1,070 per month through summer 2027. With immediate rental income, potential for future rent growth, and a great location, this property is a strong addition to an existing portfolio or an attractive entry point for a new investor. Additional investment properties from the

  Antwon Culbreath Redfin Corporation

  3946 S Walcott St, Indianapolis, IN 46227
• 

  

  /22

  $249,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,208 Sq Ft

  915 N Jackson St, Bloomington, IN 47404

  This charming home is move-in ready, recently updated, and centrally located in the desirable historic Maple Heights neighborhood. There is an active HAND rental permit, creating investment or primary residence opportunities. Sellers added a new furnace and air conditioning system in 2026, along with fresh, neutral paint. New windows, flooring, cabinetry, and finishes were added in the last 7

  Liberty Flora Hoosier Homefinders, Inc.

  915 N Jackson St, Bloomington, IN 47404
• 

  

  /67

  $269,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,534 Sq Ft

  921 S State Ave, Indianapolis, IN 46203

  Nestled in the heart of Fountain Square, one of Indianapolis's most desirable and energetic neighborhoods, this beautifully maintained 3-bedroom, 2-bath multi-level traditional American townhome offers the perfect combination of style, location, and investment potential. Step inside to a thoughtfully designed layout featuring boutique-style finishes and versatile living spaces ideal for both

  Jim Gilday eXp Realty, LLC

  921 S State Ave, Indianapolis, IN 46203
• 

  

  /15

  $120,000

  • 2 Beds
  • 1 Bath
  • 925 Sq Ft

  1213 W Gilbert St, Muncie, IN 47303

  You don't want to miss this investment opportunity near Ball State University! This currently leased and locally managed 2-bedroom, 1-bathroom home offers 925 square feet and $1,170 in gross monthly rental income. Original hardwood flooring and exposed brickwork bring plenty of character throughout, while the kitchen features white cabinetry, black laminate countertops, tile backsplash and

  Bronwyn Wuthrich NextHome Elite Real Estate

  1213 W Gilbert St, Muncie, IN 47303
• 

  

  /37

  $415,000

  • 6 Beds
  • 4 Baths
  • 3,183 Sq Ft

  3473 Briarwick Dr, Kokomo, IN 46902

  Beautiful, Like-New 6-Bedroom and 4 full bathroom Home & Excellent Investment Opportunity! Welcome to this beautiful, like-new home featuring 6 bedrooms and 4 full bathrooms, including a convenient main-level bedroom with a full bath, perfect for in-law quarters, guests, or a home office. The main level features LVP flooring throughout, a versatile office/flex space, and an open-concept floor

  Alex Oh Fathom Realty

  3473 Briarwick Dr, Kokomo, IN 46902
• 

  

  /31

  $939,900

  • Land
  • 48.13 Acres
  • $19,528 per Acre

  E County Road 550 N Unit LotWP001, Kokomo, IN 46901

  Located in northern Howard County, this 48.13 acre tract presents a strong opportunity to acquire high-quality, income-producing farmland with long-term agricultural value. The property is comprised of predominantly flat, highly workable tillable ground that supports efficient farming practices and facilitates the easy operation of equipment. Currently operated in a corn, soybean, and wheat

  Andrew Malott Whitetail Properties Real Estate

  E County Road 550 N Unit LotWP001, Kokomo, IN 46901

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