Investment - Homes for Sale in Indianapolis, IN

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  /30

  $184,900

  • 3 Beds
  • 2 Baths
  • 1,569 Sq Ft

  1722 S Talbott St, Indianapolis, IN 46225

  This turnkey charmer in the heart of the Old Southside offers 3 bedrooms and 2 full bathrooms along with multiple major updates completed within the past two years, including an updated kitchen, updated bathrooms, new furnace, central AC, water heater, and fresh paint both inside and out. Enter the home to find two bedrooms on the main level, finished with durable vinyl plank flooring throughout.

  

  RJ Russell

  Highgarden Real Estate

  1722 S Talbott St, Indianapolis, IN 46225
• Explore Indianapolis

• 

  

  

  /28

  $200,000

  $50K PRICE DROP

  • 6 Beds
  • 2 Baths
  • 3,072 Sq Ft

  1741 Terrace Ave, Indianapolis, IN 46203

  Welcome to 1741 Terrace Ave, a unique and versatile property offering plenty of space and possibilities! Currently configured as a single-family home, this property was previously used as a duplex and offers the potential to be converted back for those looking for a multi-generational living arrangement or investment opportunity. The flexible floor plan features 6 bedrooms, 2 full bathrooms, 2

  

  Michelle Jackson

  RE/MAX Advanced Realty

  1741 Terrace Ave, Indianapolis, IN 46203
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  /37

  $799,900

  $100K PRICE DROP

  • 4 Beds
  • 4 Baths
  • 4,575 Sq Ft

  6795 W 21st St, Indianapolis, IN 46214

  Rare multi-use property on 4.3 acres with several income producing structures already in place*. Property is ideal for Home Business, Multi-Generational Living or Investment. WELCOME to your dream compound near "Speedway" yet with all the peace and freedom of country living. Property includes ranch home + in-law quarters, pool, pole barn, and several income-producing opportunities. The spacious

  

  Janet Giles

  Your Realty Link, LLC

  6795 W 21st St, Indianapolis, IN 46214
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  /43

  $365,000

  $24K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,196 Sq Ft

  430 N Park Ave Unit 309, Indianapolis, IN 46202

  Welcome to one of downtown Indy's hottest urban retreats! Located inside the historic Lockerbie Glove building, Unit 309 offers the perfect combination of historic character, designer style, and maintenance-free living-all just steps from the energy of Mass Ave. This beautifully updated condo truly shows like a designer model home! Soaring ceilings, gorgeous hardwood floors, fresh paint, and

  

  Tina Smith

  CENTURY 21 Scheetz

  430 N Park Ave Unit 309, Indianapolis, IN 46202
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  /31

  $369,900

  $80K PRICE DROP

  • 5 Beds

  1743 S Meridian St, Indianapolis, IN 46225

  Investment opportunity with flexibility! 1743 & 1745 S Meridian St offers a versatile duplex ready for its next owner. Unit 1743 comes fully furnished, providing a turnkey opportunity from day one, while 1745 offers additional income or owner-occupant potential. A separate private flex space adds even more value for an office, storage, hobby room, or workspace. Live in one, rent the other, or add

  

  Nathaniel Cromlich

  CENTURY 21 Scheetz

  1743 S Meridian St, Indianapolis, IN 46225
• 

  

  /26

  $179,500

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,276 Sq Ft

  951 N Tuxedo St, Indianapolis, IN 46201

  Welcome home to this beautifully updated 2-bedroom, 1-bath residence offering modern finishes and timeless charm. Relax on the spacious covered front porch before stepping inside to discover all-new flooring, fresh paint, and updated lighting that create a bright, clean, and inviting atmosphere. The open-concept living, dining, and kitchen areas provide a seamless flow, making the home perfect

  

  Lora Reynolds

  Epique Inc

  951 N Tuxedo St, Indianapolis, IN 46201
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  /32

  $69,900

  • 3 Beds
  • 1 Bath
  • 921 Sq Ft

  606 Good Ave, Indianapolis, IN 46219

  This ranch-style home presents an inviting opportunity for those seeking a living or an investment opportunity in a home with charming potential. An enclosed glass porch, 3 bedrooms, and a partially fenced backyard provide areas of rest and enjoyment. With close- and quick- proximity to major roads, downtown, recreational activities, dining, and more, this could be your next great project!

  

  Chris Price

  Keller Williams Indy Metro Partners

  606 Good Ave, Indianapolis, IN 46219
• 

  

  /50

  $74,900

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  1367 N Kealing Ave, Indianapolis, IN 46201

  Opportunity awaits with this 2-bedroom fixer-upper in Marion County, offering great potential for renovation or investment. Home features a covered front porch, spacious living room connected to the dining room, and a kitchen with built-in storage and pantry. Hardwood flooring can be found in several areas of the home. Spacious backyard and detached garage complete the property.

  

  Chris Price

  Keller Williams Indy Metro Partners

  1367 N Kealing Ave, Indianapolis, IN 46201
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  /16

  $105,000

  • 3 Beds
  • 1 Bath
  • 1,410 Sq Ft

  840 S Pershing Ave, Indianapolis, IN 46221

  Great investment opportunity, rent comps show likely rent to be $1,250-$1,350.

  

  Jordan Nelson

  @properties

  840 S Pershing Ave, Indianapolis, IN 46221
• 

  

  /15

  $97,700

  • 3 Beds
  • 2 Baths
  • 1,194 Sq Ft

  1121 N Kealing Ave, Indianapolis, IN 46201

  INVESTMENT OPPORTUNITY! This spacious 1.5-story, 3-bedroom, 2-bath home is ready for a full rehab and offers tons of potential for the right buyer. Featuring a loft, partial basement, and an oversized 2-car garage, there's plenty of space to bring your vision, tools, and ideas. This could be a fantastic opportunity to create something special! This is an Estate sale is subject to second-party

  

  Ashley Kirk

  The Real Estate Agency

  1121 N Kealing Ave, Indianapolis, IN 46201
• 

  /2

  $49,000

  • Land
  • 6,098 Sq Ft
  • $350,000 per Acre

  1340 W 25th St, Indianapolis, IN 46208

  Great opportunity to own a residential lot in an area of ongoing redevelopment on the near northwest side of Indy. This lot offers potential for a new build or investment property with several renovated and newly updated homes nearby. Convenient access to downtown, I-65, schools, parks, and local amenities. Whether you're a builder, investor, or future homeowner, this property is located in an

  

  Danielle Johnson

  Snyder Strategy Realty, Inc

  1340 W 25th St, Indianapolis, IN 46208
• 

  

  /6

  $35,000

  $10K PRICE INCREASE

  • Land
  • 5,227 Sq Ft
  • $291,667 per Acre

  1746 N Rochester Ave, Indianapolis, IN 46222

  Build your dream home or next investment property on this ready-to-go lot in Wayne Township, Indianapolis! Previously home to a residence that has since been removed, this property offers a major advantage with existing utility access already in place-saving you time and development costs. The lot features convenient street access and is surrounded by mature trees, providing natural beauty and

  

  Lindsay Adams

  Four Points Realty LLC

  1746 N Rochester Ave, Indianapolis, IN 46222
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  /6

  $65,000

  $5K PRICE INCREASE

  • Land
  • 8,276 Sq Ft
  • $342,105 per Acre

  2310 Coyner Ave, Indianapolis, IN 46218

  Don't miss this excellent investment or building opportunity in the booming Windsor Park pockets of the Near East Side! This spacious vacant lot is situated in a neighborhood defined by its rich history and fresh modern energy. You will love the close proximity to downtown Indy, local breweries, parks, Circle Center Complex, Bottleworks, Kan Kan, Amelia's bakery and easy highway access. A perfect

  

  Nick McNeely

  F.C. Tucker Company

  2310 Coyner Ave, Indianapolis, IN 46218
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  /5

  $100,000

  • Land
  • 5,662 Sq Ft
  • $769,231 per Acre

  2454 Guilford Ave, Indianapolis, IN 46205

  An absolute gem of a lot located just north of historic Fall Creek Place! This premium vacant parcel offers a phenomenal opportunity to build in one of Indy's most established and sought-after urban corridors. Enjoy being steps away from the beautiful Fall Creek Parkway trail system, popular local eateries, and a quick straight-shot drive right into downtown or up to Broad Ripple or catch the

  

  Nick McNeely

  F.C. Tucker Company

  2454 Guilford Ave, Indianapolis, IN 46205
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  /25

  $179,900

  $45K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,920 Sq Ft

  2007 Southeastern Ave, Indianapolis, IN 46201

  Enjoy vibrant city living or capitalize on a prime investment opportunity with this beautifully renovated 4-bedroom, 2-bath home. Located just a short walk from Fountain Square with easy access to downtown Indianapolis, this property offers the perfect blend of convenience and modern comfort. Updates include electrical and plumbing systems, along with new flooring, drywall, insulation, and

  

  Lora Reynolds

  Epique Inc

  2007 Southeastern Ave, Indianapolis, IN 46201
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  /21

  $289,900

  $45K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,200 Sq Ft

  740 E Epler Ave, Indianapolis, IN 46227

  $10,000 Price Drop!!! This Amazing Original Owner, 2-Story, 2 Bedroom, 1.5 Bathroom, Carriage House above a 3-Car Garage in Southport is Move-In Ready AND Comes Fully Furnished..! Built in 2022, the Upper Level is a 2 Bedroom, Open Concept Great Room, Kitchen and Dining Area with a Built-in Bookshelf and has Hardwood Flooring throughout; All Appliances included: Refrigerator, Electric Range/Oven,

  

  Charlie Brown

  MyHomeIndy.com

  740 E Epler Ave, Indianapolis, IN 46227
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  /26

  $197,000

  $13K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 970 Sq Ft

  5113 Emmert Dr, Indianapolis, IN 46221

  Welcome Home to 5113 Emmert Drive! This charming 3-bedroom, 2-bath ranch offers comfortable one-level living with a functional floor plan and plenty of potential. Step inside to a bright and inviting living space featuring a cathedral ceiling that creates an open, spacious feel. The primary bedroom includes a walk-in closet, while two additional bedrooms provide flexibility for family, guests, or

  

  Dana Wright

  RE/MAX Advanced Realty

  5113 Emmert Dr, Indianapolis, IN 46221
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  /33

  $420,000

  • 3 Beds
  • 2 Baths

  1144 Churchman Ave, Indianapolis, IN 46203

  Welcome to this fantastic Fountain Square duplex offering approximately 1,300 square feet per side! Each unit features 3 spacious bedrooms and 1.5 bathrooms, making this an excellent investment opportunity or owner-occupant property. Both sides offer charming covered front porches, beautiful hardwood floors, and inviting fireplaces that add character and warmth. The kitchens feature stainless

  

  Lora Reynolds

  Epique Inc

  1144 Churchman Ave, Indianapolis, IN 46203
• 

  

  /24

  $126,500

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 837 Sq Ft

  3511 N Keystone Ave, Indianapolis, IN 46218

  Charming 2-bed, 1-bath home situated on an expansive quarter-acre lot! Features include a welcoming covered front porch, a bright, functional layout, central air, and an eat-in kitchen with solid cabinet storage. The deep backyard provides endless possibilities for outdoor entertaining, gardening, and private off-street parking. Low-maintenance vinyl siding and solid construction make this an

  

  Lora Reynolds

  Epique Inc

  3511 N Keystone Ave, Indianapolis, IN 46218
• 

  

  /61

  $149,900

  • 6 Beds
  • 2 Baths

  2841 Boulevard Place, Indianapolis, IN 46208

  Great investment opportunity in Indianapolis! This duplex features 3 bedrooms in each unit, spacious living areas with fireplaces, and basements for additional storage. The property also offers backyard space and presents an opportunity to make improvements and add value. A great opportunity for an investor or owner-occupant looking to customize the property to their vision.

  

  Chris Price

  Keller Williams Indy Metro Partners

  2841 Boulevard Place, Indianapolis, IN 46208
• 

  

  /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
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  /46

  $190,000

  • 4 Beds
  • 2 Baths

  231 W 29th St, Indianapolis, IN 46208

  Why choose between buying a home and buying an investment when you can potentially do both? Welcome to 231-233 W 29th Street, a duplex offering the flexibility today's buyers and investors are looking for. Whether you're an experienced investor ready to expand your Indianapolis portfolio, a first-time investor looking to get started, or a savvy buyer interested in house hacking, this property

  

  Nathaniel Cromlich

  CENTURY 21 Scheetz

  231 W 29th St, Indianapolis, IN 46208
• 

  

  /3

  $39,900

  • Land
  • 4,356 Sq Ft
  • $399,000 per Acre

  1726 S Talbott St, Indianapolis, IN 46225

  Desirable Old Southside opportunity with this vacant corner lot just minutes from Downtown Indianapolis and the vibrant energy of Bates Hendricks and Fountain Square. Measuring 32' x 129' and offering convenient alley access, this lot is a great opportunity in one of Indianapolis's fastest growing areas. Perfect for a single-family home or investment project.

  

  RJ Russell

  Highgarden Real Estate

  1726 S Talbott St, Indianapolis, IN 46225
• 

  

  /10

  $299,000

  $76K PRICE DROP

  • 5 Beds
  • 3 Baths
  • 2,054 Sq Ft

  104 E 38th St, Indianapolis, IN 46205

  Endless potential meets prime location with this rare 5-bedroom ranch in the heart of Indianapolis. Previously utilized as a daycare, this property offers flexibility unlike anything else on the market-residential, commercial, or investment, the choice is yours. Step inside to find a spacious, single-level layout designed for versatility. Hard surface floors flow throughout the home, making it

  

  Eric Forney

  Keller Williams Indy Metro Partners

  104 E 38th St, Indianapolis, IN 46205
• 

  

  /15

  $229,900

  • 4 Beds
  • 1.5 Baths
  • 1,815 Sq Ft

  1735 N Oxford St, Indianapolis, IN 46218

  Opportunity, flexibility, and location come together at 1735 N Oxford St! This renovated 4-bedroom, 1.5-bath home offers comfortable living space plus a detached 1-bedroom, 1-bath ADU complete with a full kitchen and laundry. Originally a detached 2-car garage, the space has been converted into a functional ADU, offering excellent flexibility for rental income, multigenerational living, guests,

  

  Taylor Thomas

  eXp Realty, LLC

  1735 N Oxford St, Indianapolis, IN 46218
• 

  

  /8

  $70,000

  $20K PRICE DROP

  • 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 Partners

  930 N Kealing Ave, Indianapolis, IN 46201
• 

  

  /26

  $145,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 948 Sq Ft

  524 N Bradley Ave, Indianapolis, IN 46201

  Welcome to 524 N Bradley Street, where charm, character, and opportunity come together! Just minutes from Downtown Indianapolis, this move-in-ready gem is perfect for first-time buyers, savvy investors, or anyone looking for an affordable place to call home. Step inside and you'll love the spacious living room, formal dining area, and gorgeous hardwood floors that bring warmth and timeless

  

  Taylor Thomas

  eXp Realty, LLC

  524 N Bradley Ave, Indianapolis, IN 46201
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  /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
• 

  

  /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
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  /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
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  /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
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  /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
• 

  

  /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
• 

  

  /20

  $13,900

  $11K PRICE DROP

  • Land
  • 3,920 Sq Ft
  • $154,444 per Acre

  1030 W 29th St, Indianapolis, IN 46208

  Prime 30x126 Residential Lot - 1030 W 29th St, Indianapolis, IN 462083,780 Sq Ft | Zoned Single-Family | Seller Financing AvailableHere’s your chance to secure an affordable 30 ft x 126 ft residential lot in the highly desirable Riverside neighborhood of Indianapolis. At 3,780 sq ft, this parcel is the perfect blank canvas, ideal for a custom dream home, a build-to-rent property,

  Barad Zrien JJ investments inc

  1030 W 29th St, Indianapolis, IN 46208
• 

  

  /23

  $129,000

  $8K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,456 Sq Ft

  342 W 26th St, Indianapolis, IN 46208

  Excellent value-add investment opportunity in an area experiencing revitalization! This 3-bedroom, 1.5-bathroom single-family home sits on a corner lot and features a covered front porch along with a basement offering additional storage and flexibility. Major updates include a roof replacement in December 2021 and a furnace replacement in November 2024. Conveniently located less than one mile

  Karanjod Cheema Rize Commercial Realty LLC

  342 W 26th St, Indianapolis, IN 46208
• 

  

  /9

  $245,000

  $20K PRICE INCREASE

  • Land
  • 3.52 Acres
  • $69,681 per Acre

  0 Harvey (Tract 1) Unit MBR22101889, Indianapolis, IN 46259

  Build your dream home on this beautiful 3-acre vacant parcel offering the perfect blend of peaceful country living and convenient accessibility. Recently surveyed and split into two separate parcels, this property presents a unique opportunity for future development, investment potential, or multi-generational living. The open and level landscape provides several ideal building sites with plenty

  Jamie Suchotzky Red Hot, REALTORS LLC

  0 Harvey (Tract 1) Unit MBR22101889, Indianapolis, IN 46259
• 

  

  /39

  $284,900

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath

  2213 Dr Andrew J Brown Ave, Indianapolis, IN 46205

  INVESTMENT OPPORTUNITY IN HILLSIDE - RENOVATED 3BR/1BA DUPLEX WITH VALUE-ADD POTENTIAL Positioned in Indianapolis' evolving Hillside neighborhood, this renovated duplex offers an excellent opportunity for an investor looking to add a two-unit property to their portfolio or an owner-occupant looking to offset housing costs with a second rental unit. Both units have been renovated with a few

  Wendy Roser Epique Inc

  2213 Dr Andrew J Brown Ave, Indianapolis, IN 46205
• 

  

  /23

  $214,900

  • 3 Beds
  • 2.5 Baths
  • 1,840 Sq Ft

  2425 N Dearborn St, Indianapolis, IN 46218

  Welcome to 2425 Dearborn Street-a move-in-ready opportunity with strong appeal for both owner-occupants and investors. This bank-owned home offers a clean, functional interior and is ready for its next chapter without the extensive renovations often associated with REO properties. Whether you're looking for an affordable place to call home, a rental-ready addition to your portfolio, or a

  Antonio Lisenbee Scott Estates

  2425 N Dearborn St, Indianapolis, IN 46218
• 

  /2

  $45,000

  $5K PRICE DROP

  • Land
  • 4,791 Sq Ft
  • $409,091 per Acre

  1825 New St, Indianapolis, IN 46203

  This Bates-Hendricks lot off of Pleasant Run Parkway has a ton of potential for an investment property, or for anyone with the means to make a property especially of their own design! There is a survey available, as well as a seller rendered design for a potential income property, upon request. This lot is your oyster!

  Blake Leonard Maywright Property Co.

  1825 New St, Indianapolis, IN 46203
• 

  

  /10

  $450,000

  • 4 Beds
  • 4 Baths

  717 S Randolph St, Indianapolis, IN 46203

  Experience a turnkey investment opportunity of a renovated duplex on the east side of the desirable Fountain Square neighborhood. This is a standout 4.8-star review high performing mid-term airbnb located less than a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping. Completely renovated a few years back, each side of the duplex is a

  Lisa Phillips Compass Indiana, LLC

  717 S Randolph St, Indianapolis, IN 46203

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