Investment - Homes for Sale in Indianapolis, IN

• 

  

  

  /15

  $679,000 New Construction

  • 8 Beds

  2954 Macpherson Ave, Indianapolis, IN 46205

  Brand-New 4-Unit Multifamily Building in Monon Yard - Under Construction. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. Currently under construction, this purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership. Each of

  Dan McNeal @properties

  2954 Macpherson Ave, Indianapolis, IN 46205
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  /30

  $305,000

  • 3 Beds
  • 2 Baths
  • 1,021 Sq Ft

  611 Lincoln St, Indianapolis, IN 46203

  Turnkey investment opportunity in the heart of Bates-Hendricks! This fully furnished 3-bedroom, 2-bath home is currently operating as an Airbnb, making it the perfect addition to any investor's portfolio or an ideal option for a buyer looking for a move-in-ready home with income potential. Step inside to find a thoughtfully designed interior that blends comfort and style, offering a welcoming

  Tresea Moore HIVE Realty Group

  611 Lincoln St, Indianapolis, IN 46203
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  /31

  $450,000

  • 8 Beds
  • 4 Baths

  302 N Dequincy St, Indianapolis, IN 46201

  Turnkey 12-Unit Portfolio | Newly Renovated | Flexible Purchase Options Rare opportunity to acquire a newly stabilized 12-unit multifamily portfolio consisting of three side-by-side quadplexes at 302 N Dequincy St, 310 N Dequincy St, and 4826 E New York St, plus a separate parking parcel included with the New York St building. Buy 4, 8, or all 12 units - each quadplex is available individually at

  Alyssa Burton Inspired Realty

  302 N Dequincy St, Indianapolis, IN 46201
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  /79

  $549,000

  • 6 Beds
  • 4 Baths

  1027 Dawson St, Indianapolis, IN 46203

  Welcome to this beautifully updated duplex in the heart of vibrant Fountain Square-where modern living with hints of timeless character. Fully remodeled in 2021, each side offers 3 spacious bedrooms and 2 full baths. Step inside to an open-concept layout filled with natural light, perfect for entertaining or everyday living. The kitchens and living spaces flow seamlessly, complemented by sleek

  Valerie Bunch Match House Realty Group LLC

  1027 Dawson St, Indianapolis, IN 46203
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  /14

  $164,900

  • 2 Beds
  • 1 Bath
  • 796 Sq Ft

  2510 S Pennsylvania St, Indianapolis, IN 46225

  Solid 2-Bedroom Opportunity Near Downtown - Perfect for Investors! New furnace installed in December 2025. This home has great bones and is ready for your finishing touches! Featuring 2 bedrooms and 1 bath, it's ideally located close to downtown, shopping, and IPS schools-making it a smart choice for a flip, rental, or Airbnb investment. Currently rented on a month-to-month lease, this property

  Todd Campbell United Real Estate Indpls

  2510 S Pennsylvania St, Indianapolis, IN 46225
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  /9

  $174,900

  • 3 Beds
  • 1.5 Baths
  • 1,040 Sq Ft

  4144 N Arlington Ave, Indianapolis, IN 46226

  Beautifully Updated Home with Spacious Yard & Finished Potential Basement - Move-In Ready! Welcome to this charming and newly refreshed 3-bedroom, 1.5-bath home located on Indianapolis' growing east side! Updated within the past year, this property offers the perfect combination of comfort, functionality, and value. Step inside to find a bright and inviting layout with modern touches throughout,

  Jnana Delapaz Blu Jae Realty

  4144 N Arlington Ave, Indianapolis, IN 46226
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  /16

  $189,000

  • 3 Beds
  • 2 Baths
  • 1,035 Sq Ft

  3831 Ireland Dr, Indianapolis, IN 46235

  Turnkey investment opportunity with immediate income potential. This updated 3-bedroom, 2-bath home offers a bright, open layout with vaulted ceilings and large windows that fill the living space with natural light. The kitchen has been fully refreshed with new cabinetry, oven/range, and refrigerator. Recent upgrades include new HVAC, a custom back door, updated flooring, modern lighting, and

  Alicia Turner Highgarden Real Estate

  3831 Ireland Dr, Indianapolis, IN 46235
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  /15

  $139,900

  • 2 Beds
  • 1 Bath
  • 1,096 Sq Ft

  3941 Arthington Blvd, Indianapolis, IN 46226

  Nice Starter Home or Investment Property. 2 Bedroom, 1 Bath Home with a 1 car Garage.

  Ben Grise List With Ben, LLC

  3941 Arthington Blvd, Indianapolis, IN 46226
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  /3

  $1,000,000

  • Land
  • 5 Acres
  • $200,000 per Acre

  2345 S Arlington Ave, Indianapolis, IN 46203

  Located at 2345 S Arlington Ave, Indianapolis, IN 46203, this 5-acre property offers exceptional potential for commercial development or investment. Zoned C1 (Office-Buffer Commercial District), this site is ideal for a variety of permitted uses, including professional offices, medical clinics, retail shops, personal services, childcare centers, and more-making it a versatile opportunity in a

  Halea Kopetsky Keller Williams Indpls Metro N

  2345 S Arlington Ave, Indianapolis, IN 46203
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  /5

  $79,999

  • Land
  • 1 Acres
  • $79,919 per Acre

  6013 E 14th St, Indianapolis, IN 46219

  Please note- seller has lowered the price several times and are now firm at the asking price. This 1-acre vacant lot on the eastside of Indianapolis presents a prime opportunity for development or investment. Public utilities are available, and the generously sized lot has been cleared, making it ready for your vision. With ample space and convenient access to surrounding amenities, this property

  Joel Hinckley Platlabs, LLC

  6013 E 14th St, Indianapolis, IN 46219
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  /63

  $455,000

  • 4 Beds
  • 3 Baths
  • 1,629 Sq Ft

  2054 Ruckle St, Indianapolis, IN 46202

  Sophisticated Urban Living & Investment Opportunity in Kennedy-King. This modern 5BR/4BA residence offers over 1,600 sq ft of living space across 2 levels. The main floor features a seamless open-concept layout with a spacious living/dining area, a gourmet kitchen, and a versatile main level bedroom with an en-suite bath. Upstairs, the primary suite serves as a true retreat with an en-suite bath

  Mina Kadhum Trueblood Real Estate

  2054 Ruckle St, Indianapolis, IN 46202
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  /11

  $215,000

  • 3 Beds
  • 3.5 Baths
  • 2,520 Sq Ft

  965 E Minnesota St, Indianapolis, IN 46203

  Investment Opportunity in Bates-Hendricks Rare chance to complete a fully permitted project in one of Indianapolis' most desirable neighborhoods. This property includes approved plans and permits for a 3 bedroom, 3.5 bathroom home with a 2-car garage and a 2-bedroom carriage house above. The garage structure is already built, with water, sewer, and electric lines run to it-ready for finishing.

  Sarah Fishburn F.C. Tucker Company

  965 E Minnesota St, Indianapolis, IN 46203
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  /31

  $95,000

  • 2 Beds
  • 1 Bath
  • 820 Sq Ft

  3042 N Temple Ave, Indianapolis, IN 46218

  welcome to 3042 n temple Ave! this charming 2 bedroom, 1 bath home has comfort and convenience, ready for your personal touch the home sits in a spacious lot with a large backyard, ideal for gatherings, gardening locate just minutes from downtown Indianapolis, shopping dining schools and major highways, this property offers both accessibility and potential, whether you are first time home buyer,

  Maria Lasher eXp Realty LLC

  3042 N Temple Ave, Indianapolis, IN 46218
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  /21

  $430,000

  • 4 Beds
  • 2 Baths

  2421 N Capitol Ave, Indianapolis, IN 46208

  Fully Renovated Duplex Near Ivy Tech - Turnkey Investment or Owner-Occupant Opportunity! Beautifully updated duplex located in a rapidly developing area just minutes from Ivy Tech Community College and a short drive to Downtown Indianapolis. Each side offers a spacious 4 bedrooms and 2 full bathrooms, creating strong rental appeal and flexible living options. Both units have been newly renovated

  Ely Berger The Modglin Group

  2421 N Capitol Ave, Indianapolis, IN 46208
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  /26

  $284,900

  • 4 Beds
  • 2 Baths

  205 N Sheffield Ave, Indianapolis, IN 46222

  Fantastic Investment Opportunity Duplex! Say hello to this beautifully updated duplex, offering two spacious 2-bedroom, 1-bath units that have been thoughtfully refreshed for modern living. This property checks all the boxes. Recent updates include a brand new AC unit, new LVP flooring throughout the main level, and new carpet in all bedrooms. Along with updated lighting and new kitchen

  Patricia McCormick Trueblood Real Estate

  205 N Sheffield Ave, Indianapolis, IN 46222
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  /4

  $189,000

  • 2 Beds
  • 1 Bath

  1802 N Audubon Rd, Indianapolis, IN 46218

  Excellent investment opportunity! Long term tenants. Both tenants are month to month. Rents are below market rate. 1802 is Section 8. Tenant in 1802 owns the refrigerator.

  John Diciklin Coldwell Banker - Kaiser

  1802 N Audubon Rd, Indianapolis, IN 46218
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  /8

  $205,000

  • 6 Beds
  • 4 Baths

  301 E Southern Ave, Indianapolis, IN 46225

  Don't miss this exceptional duplex located in the highly desirable Garfield Park area! With significant investment and revitalization efforts underway, this is a prime opportunity to secure a property in a flourishing neighborhood. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side

  Andy Tresize Compass Indiana, LLC

  301 E Southern Ave, Indianapolis, IN 46225
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  /22

  $149,000

  • 3 Beds
  • 1 Bath
  • 1,024 Sq Ft

  3706 Hillside Ave, Indianapolis, IN 46218

  Are you searching for your next investment opportunity? Look no further! This charming and quaint single-family residence, built in 1945, is ready to welcome its new owners with open arms. Spanning 1024 square feet, this one-story home boasts an open floor plan that's perfect for your ideal lifestyle. It features three bedrooms and a full bathroom, a spacious unfinished basement and the best

  Adriana Santiago-Lora F.C. Tucker Company

  3706 Hillside Ave, Indianapolis, IN 46218
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  /2

  $70,000

  • Land
  • 0.09 Acre
  • $777,778 per Acre

  210 N State Ave, Indianapolis, IN 46201

  Build your dream home on this 34' x 121' single-family lot ideally situated in an area experiencing exciting new growth and development. Surrounded by newly constructed homes and ongoing revitalization, this homesite offers the perfect opportunity to create a custom residence in a thriving neighborhood. With dimensions that provide flexibility for a well-designed single-family build, the lot is

  Sarah Fishburn F.C. Tucker Company

  210 N State Ave, Indianapolis, IN 46201
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  /38

  $139,900

  • 3 Beds
  • 1.5 Baths
  • 1,138 Sq Ft

  3520 N Grant Ave, Indianapolis, IN 46218

  Calling all investors- a charming cozy single family home nestled in a desirable neighborhood, offering an incredible investment opportunity for savvy buyers. With 3 bedrooms, 1.5 bathrooms,this property is perfect for a growing family or an investor looking to expand their portfolio. It has a large fenced in private back yard providing plenty of outdoor space for children to play or for hosting

  Lloyd Manning Four Seasons Realty Group LLC

  3520 N Grant Ave, Indianapolis, IN 46218
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  /24

  $107,300

  • 2 Beds
  • 1 Bath
  • 908 Sq Ft

  1929 N Linwood Ave, Indianapolis, IN 46218

  This charming cottage makes a great first impression with its cozy feel and inviting simplicity. Step inside and you'll find a space that's easy to live in, easy to maintain, and full of potential for someone looking to make it their own. Whether you're starting out, downsizing, or searching for a smart investment, this home is one you'll want to see in person. Built in 1949, this single-family

  Terry Young Red Bridge Real Estate

  1929 N Linwood Ave, Indianapolis, IN 46218
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  /30

  $149,000

  • 2 Beds
  • 1.5 Baths
  • 1,152 Sq Ft

  1619 Marborough Ln, Indianapolis, IN 46260

  Welcome home to this charming and well-maintained condominium in desirable Washington Township! This cozy 2-bedroom, 1.5-bath home offers the perfect blend of comfort and convenience. Step inside to a warm and inviting living space featuring updated flooring and a stylish accent wall that adds character and charm. The kitchen offers ample cabinet space and a functional layout, making it ideal for

  Kristal Muñoz RE/MAX At The Crossing

  1619 Marborough Ln, Indianapolis, IN 46260
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  /33

  $235,000

  • 3 Beds
  • 2 Baths
  • 1,159 Sq Ft

  48 Gazebo Dr, Indianapolis, IN 46227

  Welcome to this well-maintained 3-bedroom, 2-bath ranch offering comfort, simplicity, and convenience in the established Meridian Place community. With a functional single-level layout and inviting living spaces, this home is ready for its next chapter-whether as a primary residence or a turnkey addition to an investment portfolio. The living room features a vaulted ceiling and cozy wood-burning

  Isaiah Ullery Steve Lew Real Estate Group, LLC

  48 Gazebo Dr, Indianapolis, IN 46227
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  /10

  $192,000

  • 3 Beds
  • 2.5 Baths
  • 1,704 Sq Ft

  1669 Purcell Cir, Indianapolis, IN 46231

  This 4-bedroom, 2-bathroom two-story home is ready for a new owner with vision. In need of some TLC, the property offers strong potential with a 2-car garage, fully fenced backyard, and a wood patio. With updates and improvements, this home could become a fantastic investment opportunity or a personalized residence.

  Robert Salmons Entera Realty

  1669 Purcell Cir, Indianapolis, IN 46231
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  /2

  $200,000

  • 3 Beds
  • 1 Bath
  • 1,276 Sq Ft

  2612 Brookway St, Indianapolis, IN 46218

  Located at 2612 Brookway ST, INDIANAPOLIS, IN, this single-family residence presents a unique opportunity to establish roots in a vibrant community. The property offers a canvas for creating a personalized haven. With 1276 square feet of living space, the residence provides ample room to shape your ideal environment. The layout includes three bedrooms, offering flexibility for residents or

  Chas Schaffernoth F.C. Tucker Company

  2612 Brookway St, Indianapolis, IN 46218
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  /3

  $120,000

  • Land
  • 0.08 Acre
  • $1,500,000 per Acre

  917 E 29th St, Indianapolis, IN 46205

  Motivated Seller open to offers, vacant land for sale located right on the corner of 29th Street and Winthrop Avenue in Indianapolis. This corner lot offers a great residential location with convenient access to main roads, making it ideal for building or investment.

  Henry Arias Indiana Real Estate Group, LLC

  917 E 29th St, Indianapolis, IN 46205
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  /12

  $175,000

  • 3 Beds
  • 1 Bath
  • 957 Sq Ft

  5419 Penway Ct, Indianapolis, IN 46224

  Looking for your first home or an investment property, this could be it! Centrally located on the west side close to the busline and interstates a little elbow greese will make this a wonderful place to call home. Corner lot, fenced backyard, one-car garage with extra space that can be used for storage or a she-shed without stepping into the elements! This home also features a spacious eat-in

  Nicole Lloyd Homes Unlimited

  5419 Penway Ct, Indianapolis, IN 46224
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  /2

  $30,000

  • Land
  • 0.19 Acre
  • $157,895 per Acre

  5041 Iowa St, Indianapolis, IN 46203

  Build your vision on this residential lot located at 5041 Iowa St in Indianapolis. Tucked into an established neighborhood, this parcel offers a great opportunity for a new construction home or long-term investment in a steadily growing area on the southeast side of the city. With utilities nearby and convenient access to major roadways, commuting to downtown Indianapolis, Fountain Square, and

  Maria Lasher eXp Realty LLC

  5041 Iowa St, Indianapolis, IN 46203
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  /2

  $55,000

  • Land
  • 0.15 Acre
  • $366,667 per Acre

  4412 E 10th St, Indianapolis, IN 46201

  Prime Investment Opportunity! This spacious vacant lot is a duplex dream waiting to be realized. Nestled in a vibrant neighborhood near downtown Indy, its strategic location ensures convenience at every turn. Imagine the possibilities: build your dream duplex and capitalize on the high demand for rental properties in the area. With easy access to groceries, downtown attractions, a variety of

  LaToya Dix Dix Realty Group

  4412 E 10th St, Indianapolis, IN 46201
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  /17

  $199,000

  • 2 Beds
  • 2 Baths

  841 Wallace Ave, Indianapolis, IN 46201

  Turnkey investment opportunity in a charming historic neighborhood - this fully renovated one-bedroom duplex unit is not just a home, it's a fully operational furnished rental business. Currently operating as a successful mid-term rental with flexibility for short or long-term rental or rental arbitrage. Everything stays - furnishings, decor, Smart TVs, WiFi setup, keypad entry, Eufy doorbells

  Ashley Wright Three Seventeen Collective

  841 Wallace Ave, Indianapolis, IN 46201
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  /34

  $475,000

  • 3 Beds
  • 3 Baths
  • 2,380 Sq Ft

  901 Greer St, Indianapolis, IN 46203

  Welcome to 901 Greer Street, a beautifully updated home in the heart of Fletcher Place, downtown Indianapolis. This spacious 3 bed, 3 bath property offers a versatile layout perfect for both homeowners and investors alike. The main level features an open concept design with a modern kitchen, oversized island, coffee bar, dining area, and inviting living space. Two bedrooms and two full bathrooms

  Scott Chain RE/MAX Advanced Realty

  901 Greer St, Indianapolis, IN 46203
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  /43

  $310,000

  • 3 Beds
  • 1 Bath

  3250 Central Ave, Indianapolis, IN 46205

  High-performing duplex featuring two units, each with 3 bedrooms and 1 bath. Both units are currently vacant, providing convenient access for showings and a seamless opportunity to bring the three-bedroom, one-bath units to the proposed market rent of $1,600. Excellent opportunity for immediate cash flow or owner-occupancy. Please note that the current rent roll and trailing 12 months are

  Justin Lowe Ellsbury Group

  3250 Central Ave, Indianapolis, IN 46205
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  /2

  $30,000

  • Land
  • 0.13 Acre
  • $230,769 per Acre

  2030 Clay St, Indianapolis, IN 46205

  Welcome to a fantastic vacant lot opportunity in the vibrant and evolving neighborhood of SoBro! With significant investment and development activity happening all around, this is your chance to join in the growth by building a new construction single or multi-family home. Whether you choose to purchase for yourself, rent or sell, this lot provides a perfect canvas for a profitable venture.

  Andy Tresize Compass Indiana, LLC

  2030 Clay St, Indianapolis, IN 46205
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  /10

  $250,000

  • 6 Beds
  • 2 Baths
  • 814 Sq Ft

  1241 W 31st St, Indianapolis, IN 46208

  Fully Renovated 6-Bedroom Home - Investment or Owner-Occupant Opportunity! Welcome to this beautifully renovated home located at 1241 W 31st St in the heart of Indianapolis. This spacious 6-bedroom, 2-bathroom single-level property offers a rare combination of size, functionality, and modern updates. Recently updated throughout, the home features fresh flooring, updated kitchens and bathrooms,

  Ely Berger The Modglin Group

  1241 W 31st St, Indianapolis, IN 46208
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  /34

  $245,000

  • 3 Beds
  • 1 Bath
  • 962 Sq Ft

  5220 Sunny Meade Ln, Indianapolis, IN 46208

  Welcome to this charming 3-bedroom, 1-bath home tucked away on quiet and desirable Sunny Meade Lane in the heart of Rocky Ripple! Full of character and cozy appeal, this inviting home has recently been thoughtfully refreshed with new flooring, fresh paint, and a recent spring clean-up, making it truly move-in ready. Step inside to discover a bright and welcoming interior filled with an abundance

  Tyler Lingle @properties

  5220 Sunny Meade Ln, Indianapolis, IN 46208
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  /78

  $935,000

  • 5 Beds
  • 5 Baths

  1633 N New Jersey St, Indianapolis, IN 46202

  Premier Herron-Morton Investment: Dual Townhomes with a Premium 1 Bedroom Carriage House. This exceptional dual-residence property at 1633 & 1635 N New Jersey St offers a rare blend of turn-key living and high-performance investment potential in one of Indianapolis's most coveted historic districts. The main structure features two distinct, updated townhomes, each offering a spacious 2BR/2BA

  Mina Kadhum Trueblood Real Estate

  1633 N New Jersey St, Indianapolis, IN 46202
• 

  

  /15

  $159,900

  • 2 Beds
  • 1 Bath
  • 872 Sq Ft

  3644 N Parker Ave, Indianapolis, IN 46218

  Turn-key first time homebuyer or rental investment. Enjoy this recently updated, 2 bed, 1 bath, brick home with 2-car detached garage. This property sits on a beautiful lot and awaits its new owner. Enjoy the large front porch, kitchen with quartz counters and backsplash, and custom bath with tile and shower surround. There is plenty of room to finish out the basement to suit your needs.

  Brian Pachciarz Estansion Group by BLP

  3644 N Parker Ave, Indianapolis, IN 46218
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  /2

  $32,000

  • Land
  • 0.12 Acre
  • $266,667 per Acre

  1739 S State Ave, Indianapolis, IN 46203

  Build your vision right here! This level lot offers a fantastic opportunity to create a custom home in an established area - and it already includes a garage on site, adding immediate value and flexibility. Whether you're planning a primary residence, investment property, or future build, the groundwork is ready for your ideas to take shape. Home next door for sale was just comepleted renovated!

  Sarah Hubley Highgarden Real Estate

  1739 S State Ave, Indianapolis, IN 46203
• 

  

  /43

  $445,000

  • 4 Beds
  • 3 Baths
  • 1,492 Sq Ft

  2038 N College Ave, Indianapolis, IN 46202

  Sophisticated Urban Living & Investment Opportunity in Kennedy-King. This modern 5BR/4BA residence offers over 1,400 sq ft of living space across 2 levels along with a 3-car CARRIAGE HOUSE. The main floor a main level features a seamless open-concept layout with spacious living/dining area, a gourmet kitchen with granite countertops, and a versatile MAIN LEVEL BEDROOM with a FULL BATH. Upstairs,

  Mina Kadhum Trueblood Real Estate

  2038 N College Ave, Indianapolis, IN 46202
• 

  /2

  $154,000

  • 3 Beds
  • 2 Baths
  • 2,269 Sq Ft

  619 Saint Paul St, Indianapolis, IN 46203

  Turn-Key Investment Opportunity! This income-generating property is currently producing $2,000/month in rental revenue! Whether you're a seasoned investor or just starting out, this is a low-maintenance, high-return asset perfect for building steady cash flow from day one.

  Mike Scott Scott Estates

  619 Saint Paul St, Indianapolis, IN 46203

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