Investment - Homes for Sale in Indianapolis, IN

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  /11

  $115,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  2913 S Rybolt Ave, Indianapolis, IN 46241

  Investment opportunity for those seeking a valuable property or a project to personalize. Conveniently located with room to spread out allows for endless possibilities. This 2 bedroom 1 bath home sits on three lots. An oversized detached garage with concrete floor offers endless possibilities for storage, or hobbyists. Bring your dreams. The home and garage are on 2 of the 3 lots, but the 3rd lot

  

  Lisa Bohr

  Berkshire Hathaway Home

  (463) 218-7619

  2913 S Rybolt Ave, Indianapolis, IN 46241
• Explore Indianapolis

• 

  

  

  /41

  $639,900 Open Sun 1PM - 3PM

  • 2 Beds
  • 2.5 Baths
  • 2,880 Sq Ft

  1834 N Pennsylvania St, Indianapolis, IN 46202

  Welcome to luxury downtown living at its finest in the friendly, historic neighborhood of Herron-Morton! This custom townhome is filled with beautiful light and offers a sophisticated lifestyle with over 2,800 square feet of well-appointed living space, featuring soaring ceilings, hand-picked finishes and white oak wood floors. The main floor centers around a beautiful chef's kitchen equipped

  

  Nick McNeely

  F.C. Tucker Company

  (463) 255-6987

  1834 N Pennsylvania St, Indianapolis, IN 46202
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  /64

  $299,999

  • 4 Beds
  • 2 Baths
  • 2,117 Sq Ft

  5551 Personality Ct, Indianapolis, IN 46237

  Cul-de-sac location, huge fenced yard, and proven Airbnb income potential-this updated 4-bedroom Franklin Township home also features a basement, major mechanical updates, and an EV charger. 4-bedroom, 2 full bath home tucked away at the end of a quiet cul-de-sac in Franklin Township. Situated on a large pie-shaped lot, the property features a fully fenced backyard with plenty of room for outdoor

  

  Angela Oakes

  Berkshire Hathaway Home

  (463) 255-4741

  5551 Personality Ct, Indianapolis, IN 46237
• 

  

  

  /21

  $179,900

  • 3 Beds
  • 1 Bath
  • 1,560 Sq Ft

  4014 Cornelius Ave, Indianapolis, IN 46208

  Welcome home to this beautifully renovated two-story property ideally located near Butler University in Indianapolis. This move-in-ready home features updated flooring throughout, including durable luxury vinyl plank in the main living areas and plush new carpet in the bedrooms. Fresh interior paint and new modern fixtures add a clean, contemporary feel throughout the home. The updated kitchen

  

  Lindsay Adams

  Pillario Property Management LLC

  (317) 967-8809

  4014 Cornelius Ave, Indianapolis, IN 46208
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  /26

  $249,900

  • 6 Beds
  • 2 Baths

  914 N Tuxedo St, Indianapolis, IN 46201

  This updated duplex with 3 beds/1 bath on each side is perfect for house-hacking or for a cash-flowing rental that exceeds the 1% rule. The left side is rented out at $1250/month, and the right side has just been refreshed for a new occupant and should easily rent for $1300/month per Rentometer. This property features a newer privacy fence around the entire perimeter of the property! BOTH units

  

  Elizabeth Ewbank

  Highgarden Real Estate

  (317) 743-7108

  914 N Tuxedo St, Indianapolis, IN 46201
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  /17

  $225,000

  • 4 Beds
  • 2 Baths

  3254 Winthrop Ave, Indianapolis, IN 46205

  Investment Opportunity in a PRIME LOCATION! 3254/56 Winthrop. This impressive duplex is conveniently located near the Monon Trail, parks, and downtown, making it an attractive option for tenants. Each spacious apartment features two bedrooms and one bathroom, with ample living areas that provide comfort and functionality. The two-story layout boasts a large dining room, expansive living room, and

  

  Donna Diercks

  United Real Estate Indpls

  (317) 961-3625

  3254 Winthrop Ave, Indianapolis, IN 46205
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  /25

  $179,000

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  4534 Norwaldo Ave, Indianapolis, IN 46205

  First time home buyers or Investor Special on Norwaldo Avenue! Located near Broad Ripple and Meridian-Kessler, 4534 Norwaldo Ave is a solid investment opportunity with strong upside potential. This property offers a functional layout and classic bungalow charm, ready for your updates and vision. With some cosmetic improvements, repairs, and modern finishes, this home can be transformed into a

  

  Shane Foley

  F.C. Tucker Company

  (463) 223-9836

  4534 Norwaldo Ave, Indianapolis, IN 46205
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  /6

  $150,000

  • 2 Beds
  • 2 Baths
  • 1,080 Sq Ft

  2742 N Dearborn St, Indianapolis, IN 46218

  Fully Rebuilt Home --- Originally built in 1954 and taken down to the foundation and completely rebuilt in 2019, offering the feel and efficiency of a newer construction with modern finishes throughout. The interior is clean, well-maintained, and features durable luxury vinyl plank flooring, neutral tones, and a functional layout designed for comfortable living. --- The property sits on a

  

  Jeff Cloyd

  RE/MAX Advanced Realty

  (317) 215-5233

  2742 N Dearborn St, Indianapolis, IN 46218
• 

  

  /19

  $225,000

  • 2 Beds
  • 1 Bath

  3258 Winthrop Ave, Indianapolis, IN 46205

  Investment Opportunity in a PRIME LOCATION! 3258/60 Winthrop. This impressive duplex is conveniently located near the Monon Trail, parks, and downtown, making it an attractive option for tenants. Each spacious apartment features two bedrooms and one bathroom, with ample living areas that provide comfort and functionality. The two-story layout boasts a large dining room, expansive living room, and

  

  Donna Diercks

  United Real Estate Indpls

  (317) 676-2912

  3258 Winthrop Ave, Indianapolis, IN 46205
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  /11

  $110,000

  • 2 Beds
  • 1.5 Baths
  • 1,360 Sq Ft

  310 S Vine St, Indianapolis, IN 46241

  Looking for a starter home or an investment property. This home is located a short walk to Washington Street and the busline. Easy access to the interstate and to downtown. This home is being sold as-is, cash only.

  

  Dana Wright

  RE/MAX Advanced Realty

  (463) 223-8932

  310 S Vine St, Indianapolis, IN 46241
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  /4

  $220,000

  • 2 Beds
  • 2 Baths

  1073 W 27th St, Indianapolis, IN 46208

  Exceptional Duplex Investment - Rebuilt in 2019 Near IU Med & Downtown Indy! --- Originally built in the early 1900s and completely reconstructed down to the foundation in 2019, this modern duplex offers the charm of a historic neighborhood with the comfort of a nearly new home. Each side features 2 bedrooms, 1.5 baths, open-concept living, updated kitchens, and separate utilities including

  

  Jeff Cloyd

  RE/MAX Advanced Realty

  (317) 666-6836

  1073 W 27th St, Indianapolis, IN 46208
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  /41

  $299,000

  • 3 Beds
  • 3 Baths
  • 1,735 Sq Ft

  2224 N Kenwood Ave, Indianapolis, IN 46208

  Completely renovated and truly turnkey, this Meridian Highlands home offers space, style, and flexibility just minutes from downtown Indianapolis and the IU Methodist Hospital campus. The main level features a bright, open-concept kitchen, dining, and living area with soaring 10-foot ceilings that create an airy, welcoming feel. The renovation was done right-new electrical, plumbing, HVAC and

  

  Justin Capps

  Ferris Property Group

  (317) 623-4399

  2224 N Kenwood Ave, Indianapolis, IN 46208
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  /12

  $149,900

  • 3 Beds
  • 1 Bath
  • 1,688 Sq Ft

  34 N Addison St, Indianapolis, IN 46222

  This charming home recently has had new paint and flooring with a spacious living room, dining room, and kitchen. One bedroom on the main floor with a bonus room to make a 4th bedroom. Two additional bedrooms upstairs. Large detached two car garage in an up and coming area just a few minutes away from downtown and right next to the new Central State Complex. There are a lot of renovations and

  

  Lisa Meulbroek

  Liberty Real Estate, LLC.

  (463) 837-8227

  34 N Addison St, Indianapolis, IN 46222
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  /40

  $340,000

  • 4 Beds
  • 2 Baths
  • 1,160 Sq Ft

  1654 S Talbott St, Indianapolis, IN 46225

  This thoughtfully reimagined 1890 home blends historic character with the kind of updates that actually matter. Behind its classic exterior, you'll find a fully renovated interior where the big-ticket work-plumbing, electrical, drywall, roof, sewer line, water line, waterproofing and more-has already been done, so you can simply move in and enjoy. The main living space is warm and inviting,

  

  Sylva Zhang

  @properties

  (463) 208-4285

  1654 S Talbott St, Indianapolis, IN 46225
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  /19

  $110,000

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  3209 N Tacoma Ave, Indianapolis, IN 46218

  Investor alert! Solid 2-bedroom, 1-bath home with full basement and 2-car detached garage in an up-and-coming neighborhood with several recently updated homes nearby. Conveniently located near Washington Park - featuring a mountain bike skills park, playground, disc golf course, and the IMPD North District station - this property at 3209 N Tacoma Ave, Indianapolis is a strong addition to any

  

  Fred Krawczyk

  Envoy Real Estate, LLC

  (317) 699-8687

  3209 N Tacoma Ave, Indianapolis, IN 46218
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  /27

  $210,000 Open House 4/25

  • 2 Beds
  • 1 Bath
  • 889 Sq Ft

  1441 S New Jersey St, Indianapolis, IN 46225

  This home is sitting in such a sweet spot - right on the edge of Fountain Square, and close enough to walk to a truly impressive lineup of local hotspots. This charming 2-bedroom, 1-bathroom home has been lovingly used as a successful Airbnb - and it shows. Every corner has been thoughtfully curated to feel warm, welcoming, and ready to love. The furniture is negotiable, so you could move in with

  

  Summer Hudson

  eXp Realty, LLC

  (317) 707-4155

  1441 S New Jersey St, Indianapolis, IN 46225
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  /30

  $275,000 New Construction

  • 3 Beds
  • 2 Baths
  • 1,067 Sq Ft

  1315 W 25th St, Indianapolis, IN 46208

  Welcome to 1315 W 25th Street in Riverside! A brand new 3-bedroom, 2-bath single-family home offering 1,067 sq ft of thoughtfully designed single-level living on a 5,184 sq ft lot. The front door welcomes you into the main living space for everyday comfort and entertaining, while a side door with a ramp offers easy access to the laundry room on the kitchen side of the house. The kitchen features

  

  Sylva Zhang

  @properties

  (317) 978-4477

  1315 W 25th St, Indianapolis, IN 46208
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  /71

  $199,900

  • 3 Beds
  • 2.5 Baths
  • 1,888 Sq Ft

  2257 Brookside Ave, Indianapolis, IN 46218

  Discover the charm of this recently updated Arts & Crafts-style home, conveniently located in the Near Eastside. A welcoming facade opens to a spacious great room, where natural light highlights the home's character. With 3 bedrooms, 2.5 baths, and a dedicated office-recent updates enhance both comfort and efficiency, while the unfinished basement provides storage or future potential space. A

  Chris Price Keller Williams Indy Metro S

  2257 Brookside Ave, Indianapolis, IN 46218
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  /20

  $19,500

  • Land
  • 0.15 Acre
  • $130,000 per Acre

  2410 Adams St, Indianapolis, IN 46218

  2410 Adams St, Indianapolis, IN 46218$ Affordable Opportunity | 6,500 sq ft (0.15 acres) | Zoned Single-FamilyHere’s your chance to own an affordable residential lot in the heart of Indianapolis. This 0.15-acre parcel (approx. 6,500 sq ft) is perfectly located in a neighborhood that is seeing steady revitalization, just minutes from downtown. With its prime positioning and

  Barad Zrien JJ investments inc

  2410 Adams St, Indianapolis, IN 46218
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  /8

  $94,900

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  930 N Kealing Ave, Indianapolis, IN 46201

  Looking for a reliable rental in a convenient location? This Indianapolis bungalow offers a solid investment with minimal hassle. Renovated in March 2024 and currently leased at $950/month through May 2026, it's a turn-key opportunity with income already in place. The home features 2 bedrooms, 1 bathroom, and an unfinished basement that provides useful storage or potential future value. Situated

  Eric Forney Keller Williams Indy Metro S

  930 N Kealing Ave, Indianapolis, IN 46201
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  /20

  $280,000

  • 6 Beds
  • 4 Baths

  2413 Guilford Ave, Indianapolis, IN 46205

  Don't miss this prime investment opportunity located just steps from the Monon Trail and minutes from Downtown Indianapolis! This duplex offers excellent rental potential with two spacious units, ideal for owner-occupants or investors looking to expand their portfolio. Features include: * Convenient location near downtown, the Monon Trail, and local amenities * Income-producing potential with two

  Guadalupe Penaloza GO Real Estate Services, LLC

  2413 Guilford Ave, Indianapolis, IN 46205
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  /25

  $134,900

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  321 S Lyons Ave, Indianapolis, IN 46241

  $10,000 Homebuyer Grant Available! Updated/Move In Ready 2 Bedroom Home with Basement and Fenced in Backyard on a Quiet Street! Recent Updates - New Kitchen, Updated Bathroom, Fresh Paint, Refinished Hardwood Floors, New Interior Doors, and New Fixtures! Nice Size Living Room and Dining Area with Hardwood Floors; Updated Kitchen with New Cabinets, Countertops, Kitchen Appliances; Large Primary

  Carlos Higareda eXp Realty LLC

  321 S Lyons Ave, Indianapolis, IN 46241
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  /4

  $1,200,000

  • Land
  • 1.58 Acres
  • $759,494 per Acre

  5436 Brookville Rd, Warren Park, IN 46219

  Prime commercial opportunity on 1.54 acres across two parcels! Zoned C-3, this property offers excellent versatility for a variety of uses including daycare, community center, consumer services, laundromat, funeral home, and more. Previously operating as a gas station, the site may offer potential for fuel service use again. All utilities are available at the site, and the location provides

  Shelly Johnson Keller Williams Indy Metro S

  5436 Brookville Rd, Warren Park, IN 46219
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  /14

  $739,000 New Construction

  • 8 Beds

  2702 Winthrop Ave, Indianapolis, IN 46205

  Purpose-built multifamily 4-plex in the heart of the Monon Yard neighborhood. Currently under construction, this brand new building is engineered for investors or house-hackers: maximizing rental performance while virtually eliminating the "CapEx" headaches of older conversions. Buyers can expect reduced operating costs, minimal maintenance, and strong demand from tenants seeking modern living

  Dan McNeal @properties

  2702 Winthrop Ave, Indianapolis, IN 46205
• 

  

  /13

  $189,000

  • 2 Beds
  • 1 Bath
  • 1,124 Sq Ft

  4702 Michigan Rd, Indianapolis, IN 46228

  Prehistoric Toll House in Indianapolis, in a very nice location, 2 bedrooms house with Hardwood floor and huge lot, another parcel of lot is include in this sale, The house features nice living area and dining room, either to move in or as an investment (Rental or AirBnB), Tankless Water Heater. The house is Unfurnished now.

  Fadi Aboudi F.C. Tucker Company

  4702 Michigan Rd, Indianapolis, IN 46228
• 

  

  /11

  $114,900

  • 2 Beds
  • 1 Bath
  • 1,008 Sq Ft

  642 N Oxford St, Indianapolis, IN 46201

  An incredible investment opportunity in the Rivoli Park neighborhood on Indy's vibrant Near-Eastside. This 2 bed, 1 bath home has been vacant for 5+ years but is in remarkably good condition and could easily be livable with some minor improvements.

  Jay Pearl Elevate 317 Realty LLC

  642 N Oxford St, Indianapolis, IN 46201
• 

  

  /4

  $475,000 New Construction

  • 6 Beds

  4237 Evanston Ave, Indianapolis, IN 46205

  Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property

  Zachary Douglas Canull Group LLC

  4237 Evanston Ave, Indianapolis, IN 46205
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  /4

  $150,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1837 W Wilkins St, Indianapolis, IN 46221

  Investment Opportunity: 1837 W Wilkins St, Indianapolis, IN 46221 This charming 2-bedroom, 1-bathroom single-family home offers a prime investment opportunity with a tenant already in place. Spanning 912 sq ft on a 6,142 sq ft lot, the property is situated in a revitalizing neighborhood, making it an attractive addition to any real estate portfolio. Built: 1925 Living Area: 912 sq ft Lot Size:

  Thomas Colvin eXp Realty, LLC

  1837 W Wilkins St, Indianapolis, IN 46221
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  /38

  $699,900

  • 1 Bed
  • 1 Bath

  537 E 11th St, Indianapolis, IN 46202

  Location! Location! Location! Cash flow. Upside. This quadruplex sits just two blocks from the hottest area of downtown Indy, near Mass Ave and minutes from the vibrant Bottleworks District-placing tenants within walking distance of some of downtown Indianapolis' best dining, entertainment, and nightlife. The property offers an ideal blend of stability and flexibility, with current rents ranging

  Tyler Renick Tyler Knows Real Estate LLC

  537 E 11th St, Indianapolis, IN 46202
• 

  

  /20

  $187,500

  • 3 Beds
  • 1 Bath
  • 1,248 Sq Ft

  2644 Woodrow Ave, Indianapolis, IN 46241

  Located at 2644 Woodrow Ave in Indianapolis, this 3 bedroom/1 bath ranch offers a rare blend of value, space, and major mechanical upgrades. Originally built as the builder's model home, this property was designed to showcase the best of its era and offers a solid foundation with thoughtful layout and character. The floor plan features three comfortable bedrooms and an additional family room,

  Amanda Phelps BluPrint Real Estate Group

  2644 Woodrow Ave, Indianapolis, IN 46241
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  /4

  $499,900

  • Land
  • 0.11 Acre
  • $4,544,545 per Acre

  358 W 29th St, Indianapolis, IN 46208

  Discover a unique investment opportunity in the heart of Indianapolis! This expansive property comprises five adjacent lots on the city's west side, close to major interstates and the beloved Children's Museum. Each lot measures 40 ft x 138 ft, offering a combined total of 27,600 sq. ft. Whether you're envisioning a new residential community, multifamily housing, or commercial development, these

  Charlene Gaard No Limit Real Estate, LLC

  358 W 29th St, Indianapolis, IN 46208
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  /56

  $350,000

  • 7 Beds
  • 5 Baths

  5917 Carrollton Ave, Indianapolis, IN 46220

  Discover an incredibly rare investment opportunity at 5917 Carrollton Ave, located in the heart of Indy's coveted A-Class Broad Ripple neighborhood. Just steps from the Monon Trail, the Canal, and the vibrant shops, bars, and dining of Broad Ripple Ave, this property offers unbeatable walkability and central convenience. This converted limestone ranch has been thoughtfully transformed into a

  Peter Stewart Keller Williams Indpls Metro N

  5917 Carrollton Ave, Indianapolis, IN 46220
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  /35

  $79,950

  • 2 Beds
  • 1 Bath
  • 1,064 Sq Ft

  602 Lincoln St, Indianapolis, IN 46203

  This distinctive condominium presents an excellent investment opportunity for individuals seeking to personalize a space or for those handy homeowners ready to embark on a rewarding project. An inviting porch with a separate entry welcomes you inside, encompassing a great room, separate dining room, kitchen, two comfortable bedrooms, and supplemental storage/workshop area. The exterior features a

  Chris Price Keller Williams Indy Metro S

  602 Lincoln St, Indianapolis, IN 46203
• 

  /2

  $140,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  4339 Spann Ave, Indianapolis, IN 46203

  Don't miss this delightful 2-bedroom, 1-bathroom single-family home situated in the sought-after Christian Park neighborhood. With a surge of investment flowing into the area, now is an ideal time to invest in this promising community. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an investor looking to add to their portfolio. The home is currently

  Andy Tresize Compass Indiana, LLC

  4339 Spann Ave, Indianapolis, IN 46203
• 

  

  /22

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,079 Sq Ft

  5429 E Burgess Ave, Indianapolis, IN 46219

  This 2-bedroom, 1-bath home offers over 1000 sq feet of comfortable living space and brings in $850 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the east side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.

  Thomas Colvin eXp Realty, LLC

  5429 E Burgess Ave, Indianapolis, IN 46219
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  /16

  $80,000

  • 3 Beds
  • 1 Bath
  • 1,050 Sq Ft

  3146 S Holt Rd, Indianapolis, IN 46221

  Excellent investment opportunity with great potential for customization and added value. This property is an incomplete new construction, offering the perfect opportunity to finish and design the space according to your preferences. An excellent option for both investors and owner-occupants looking to personalize their home.

  Luis Coronel Realty of America LLC

  3146 S Holt Rd, Indianapolis, IN 46221
• 

  

  /6

  $129,900

  • 4 Beds
  • 1 Bath
  • 984 Sq Ft

  4002 N Catherwood Ave, Indianapolis, IN 46226

  Investment opportunity offering strong, reliable cash flow! This 4-bedroom, 1-bath home with a carport is currently occupied by a Section 8 tenant paying $2,126 per month, with a lease in place through 01/01/2027. The long-term lease provides immediate and consistent income, while Section 8 backing adds an additional layer of stability for investors. With solid rental performance and minimal

  Hayley Wild Compass Indiana, LLC

  4002 N Catherwood Ave, Indianapolis, IN 46226
• 

  

  /13

  $399,000

  • 5 Beds
  • 5 Baths

  1403 S New Jersey St, Indianapolis, IN 46225

  Rare Investment Opportunity - Two Homes on One Lot in Bates-Hendricks! Unique income-producing opportunity featuring two homes on one parcel, ideal for investors, house hackers, Airbnb operators, or short-term rental opportunities. Home #1 is a fully renovated, turnkey rental that has been taken down to the studs with all new electrical, plumbing, HVAC, windows, siding, and a newer roof. The home

  Joseph Gray HoosierWise Realty

  1403 S New Jersey St, Indianapolis, IN 46225
• 

  

  /25

  $535,000

  • 4 Beds
  • 4 Baths
  • 2,143 Sq Ft

  1217 E Ohio St, Indianapolis, IN 46202

  Welcome to this fully renovated gem in the heart of Holy Cross, one of Indianapolis' most vibrant and walkable neighborhoods. Just minutes from Mass Ave, downtown dining, local coffee shops, breweries, and boutique shopping, this home offers the perfect blend of historic charm and modern luxury. Taken down to the studs and thoughtfully rebuilt, this property offers peace of mind with all-new

  Sarah Fishburn F.C. Tucker Company

  1217 E Ohio St, Indianapolis, IN 46202
• 

  

  /45

  $199,900

  • 2 Beds
  • 2 Baths
  • 882 Sq Ft

  1413 S New Jersey St, Indianapolis, IN 46225

  **Owner-occupied buyer may be eligible for a grant up to $7500** Here's a super charming 2 bed 2 bath house on the best street in the heart of Bates-Hendricks. This thoughtfully renovated bungalow sits just minutes from Fountain Square, the Monon, the Cultural Trail, and all downtown Indy has to offer. Updated in 2017, the home features modern systems and finishes throughout, including the roof,

  Daniel O'Brien Trueblood Real Estate

  1413 S New Jersey St, Indianapolis, IN 46225

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