Investment - Homes for Sale in Indianapolis, IN

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  /15

  $659,000 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

  Daniel McNeal @properties

  2954 Macpherson Ave, Indianapolis, IN 46205
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  /10

  $125,000

  • 3 Beds
  • 1 Bath

  1846 W Lambert St, Indianapolis, IN 46221

  Congratulations, you just found the best deal in town: side-by-side duplex with separate electric in amazing area. Needs work. Market rent est. ~$2,600/mo., $1,300/side. Amazing investment potential. Looking for fastest close and least hassle. Seller would like to use Hocker title as they have already done preliminary title work. Duplex has 6 beds 2 baths total, 3 beds 1 bath per side.

  Joshua Vida Paradigm Realty Solutions

  1846 W Lambert St, Indianapolis, IN 46221
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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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  /57

  $395,000

  • 7 Beds
  • 1 Bath

  1102 N Oakland Ave, Indianapolis, IN 46201

  This attractive triplex has the historical charm from 1913, is in great condition, and been well maintained by the current owner. The 2 larger units have a first and second floor with tons of space. The third apartment was built out by the current owner and has a long term tenant. The kitchen's complemented by shaker cabinets that offer a blend of classic style and modern functionality. Crown

  Doug Dilling United Real Estate Indpls

  1102 N Oakland Ave, Indianapolis, IN 46201
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  /35

  $204,900

  • 3 Beds
  • 2 Baths

  3819 Boulevard Place, Indianapolis, IN 46208

  Fully Occupied, Updated Duplex Near Crown Hill & Butler-Tarkington! Exceptional investment opportunity! This fully occupied and well-maintained duplex offers strong rental income and a convenient location near Crown Hill and Butler-Tarkington. Both units have benefited from numerous updates in recent years, including newer heating and cooling systems, appliances, roof, siding, gutters, interior

  Rosie Berzenye T&H Realty Services, Inc.

  3819 Boulevard Place, Indianapolis, IN 46208
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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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  /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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  /2

  $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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  /46

  $425,000 New Construction

  • 4 Beds

  4521 Norwaldo Ave, Indianapolis, IN 46205

  Welcome to 4521 Norwaldo Ave, a stunning new construction duplex in the heart of Indianapolis' vibrant SoBro neighborhood! This turn-key investment property is a dream come true for savvy investors and house hackers alike, offering modern style, strong cash flow, and unbeatable location less than 1 block from one of the neighborhoods hottest coffee shops: GoldLeaf Savory & Sweet. Each of the two

  Zachary Douglas Canull Group LLC

  4521 Norwaldo Ave, Indianapolis, IN 46205
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  /2

  $250,000

  • 3 Beds
  • 2 Baths
  • 1,320 Sq Ft

  5902 S Gale St, Indianapolis, IN 46227

  This brick single-family ranch offers a unique opportunity to make a home or for investment property. With current tenants' lease expiring at the end of the year, as soon as closing day, you will be pulling in rent right away. With some updated floor plans and a large carport in front of the garage, this home is ready for you!

  Vantha Lian Mang Tha Real Estate, LLC

  5902 S Gale St, Indianapolis, IN 46227
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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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  /20

  $259,900

  • 3 Beds
  • 2.5 Baths
  • 1,267 Sq Ft

  506 Lawrence Ave, Indianapolis, IN 46227

  Terrific all limestone ranch with three bedrooms, one and a half bath, full basement, attached two car garage, big side yard with access door from house, covered front porch....and for under $260,000!!! Amazing value and quality. Undated electrical panel, good storage, sump pump in basement, almost new hvac (either 2023/2024), wood burning fireplaces in living room on main and in basement

  Alice Steppe Real Broker, LLC

  506 Lawrence Ave, Indianapolis, IN 46227
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  /42

  $114,000

  • 2 Beds
  • 2 Baths

  2313 Southeastern Ave, Indianapolis, IN 46201

  Calling all investors and house hackers! This duplex, located near Fountain Square and Christian Park, presents a fantastic investment opportunity. Each unit offers 2 bedrooms and 1 full bathroom with just under 800 square feet of living space. A charming front porch greets you at each entrance. Inside, both units feature a spacious living room with plenty of room for a dining area. The

  Rosie Berzenye T&H Realty Services, Inc.

  2313 Southeastern Ave, Indianapolis, IN 46201
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  /26

  $124,900

  • 4 Beds
  • 2 Baths
  • 1,780 Sq Ft

  1359 Edgemont Ave, Indianapolis, IN 46208

  This is the perfect opportunity to own a large home with a privacy fenced in backyard and a two car detached garage, where you can have pride of ownership! This four-bedroom single-family home is ready for you to move into and add your own personal touches to over time. This home has not one, but two porches to relax on and provides a place to unwind. With one bedroom, a full bathroom and a

  Jocelyn Deal eXp Realty LLC

  1359 Edgemont Ave, Indianapolis, IN 46208
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  /55

  $649,900

  • 4 Beds

  1622 Prospect St, Indianapolis, IN 46203

  MOTIVATED SELLER WILLING TO PROVIDE RATE BUYDOWN WITH AGREEABLE OFFER. Discover a remarkable investment opportunity in the heart of Fountain Square! This fully remodeled double showcases two 1,975 sq ft units (3,940 total sq ft for duplex), featuring 2 bedrooms and 2.5 full baths. Move-in ready, the home boasts a spacious kitchen with a large center island. Each unit has a dedicated garage space.

  Mark Branch Highgarden Real Estate

  1622 Prospect St, Indianapolis, IN 46203
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  /13

  $315,000

  • 7 Beds
  • 4 Baths

  945 W 28th St, Indianapolis, IN 46208

  Don't miss this fully updated duplex at 945-947 W 28th St, Indianapolis, IN 46208, offered together as one sale. Unit 945 features 4 bedrooms and 2 bathrooms, and Unit 947 offers 3 bedrooms and 2 bathrooms, making this an excellent opportunity for investors or owner-occupants seeking flexible living and strong rental potential. Both units have been recently renovated with modern upgrades

  Ely Berger The Modglin Group

  945 W 28th St, Indianapolis, IN 46208
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  /46

  $254,000

  • 6 Beds
  • 3 Baths

  4912 E Washington St, Indianapolis, IN 46201

  Discover the potential of this newly renovated 3-unit property located on highly visible Washington Street, offering excellent signage exposure and strong rental income. The building features separate electrical meters for each unit and on-site parking. The property includes: * Top Unit - currently vacant, currently advertised, and projected at $875/month * Middle Unit - currently rented at

  Todd Carpenter Eddy Properties, LLC

  4912 E Washington St, Indianapolis, IN 46201
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  /10

  $198,000

  • 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

  $32,500

  • Land
  • 0.13 Acre
  • $250,000 per Acre

  1101 N Sheffield Ave, Indianapolis, IN 46222

  Prime Residential Lot - Ideal for Single-Family or Multi-Family Build. This Westside lot offers a great opportunity for builders and investors looking to develop in a growing area. This well-situated residential lot is perfect for a single-family home, duplex, or multi-family new construction, with convenient access to downtown, major roads, and neighborhood amenities. Build your vision in a

  Tonya Burton eXp Realty LLC

  1101 N Sheffield Ave, Indianapolis, IN 46222
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  /36

  $725,000

  • 8 Beds
  • 4 Baths

  59 W Fall Creek Parkway Dr S, Indianapolis, IN 46208

  Nestled along the scenic Fall Creek Parkway, this exceptional multi-family property presents a rare opportunity for investors seeking quality rental units in one of Indianapolis's most desirable neighborhoods. This charming property features four well-maintained units, each offering comfortable 2-bedroom, 1-bathroom layouts that appeal to a wide range of potential tenants. Say goodbye to tenant

  Jamie Suchotzky Red Hot, REALTORS LLC

  59 W Fall Creek Parkway Dr S, Indianapolis, IN 46208
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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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  /33

  $114,000

  • 3 Beds
  • 2 Baths
  • 1,554 Sq Ft

  2708 Palo Verde Ct, Indianapolis, IN 46227

  Due to no fault of the seller. Buyers financing fell through. Check out this stunning Spanish-style condominium located in the desirable Casa De Prado community-This move-in-ready home is priced well & can be rented out so it makes a great investment property. This condo features warm tones throughout, creating a cozy & inviting atmosphere-With 3 bedrooms & 2 full baths, this residence offers

  Barbara Whiteside Keller Williams Indy Metro NE

  2708 Palo Verde Ct, Indianapolis, IN 46227
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  /43

  $325,000

  • 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 Commerical 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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  /34

  $159,000

  • 2 Beds
  • 1 Bath
  • 882 Sq Ft

  1401 Linden St, Indianapolis, IN 46203

  Welcome to 1401 Linden St in Indianapolis! This charming 2-bedroom, 1-bath home, built in 1890, is move-in ready and perfectly located within walking distance to local restaurants and shops. Enjoy relaxing on the front porch and appreciate the added convenience of a dedicated laundry room. Just a stones throw from local restaurants & shops. This would also be a great introduction to your

  Michael Feldman Compass Indiana, LLC

  1401 Linden St, Indianapolis, IN 46203
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  /19

  $149,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  2526 English Ave, Indianapolis, IN 46201

  Step inside this welcoming ranch-style brick home in the Twin Aire neighborhood and see the potential waiting for you. With its comfortable layout and bright, open feel, this home offers a great start for anyone looking to make a place their own. The location is convenient to Downtown, Fountain Square, the East side and Irvington. This single-level home features a large fenced back yard for kids

  Daniel McNeal @properties

  2526 English Ave, Indianapolis, IN 46201
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  /15

  $435,000 New Construction

  • 3 Beds
  • 2 Baths

  1706 Ingram St, Indianapolis, IN 46218

  Modern New Construction stacked Duplex in Martindale-Brightwood | Investment or House Hack Opportunity! Discover this brand-new duplex located in the rapidly revitalizing Martindale-Brightwood neighborhood - one of Indianapolis' most exciting up-and-coming areas for homeowners and investors alike! This thoughtfully designed new home offers two spacious units, each featuring 3 bedrooms and 2 full

  Ed Neu Neu Real Estate Group

  1706 Ingram St, Indianapolis, IN 46218
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  /15

  $169,900

  • 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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  /34

  $199,900

  • 4 Beds
  • 2 Baths

  2853 E Riverside Dr, Indianapolis, IN 46208

  Endless Potential Across from Riverside Park! Turnkey investment, Convert for creative income, or live-in opportunity in the popular Riverside neighborhood! This duplex bungalow at 2853-2855 Riverside Dr offers two spacious 2-bedroom, 1-bath units, each with a full, dry basement and original hardwood floors adding timeless character. Long-term tenants currently occupy both sides at $750/month per

  Andy Ludlow eXp Realty, LLC

  2853 E Riverside Dr, Indianapolis, IN 46208
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  /2

  $185,000

  • 4 Beds
  • 2 Baths
  • 1,440 Sq Ft

  3308 Schofield Ave, Indianapolis, IN 46218

  Investor-friendly opportunity in the 46218 area! This property is a great deal with potential for easy conversion into a duplex, making it ideal for those looking to add value. Currently tenant-occupied with 5 months remaining on the lease, providing steady income while you plan for the next steps. Located in an up-and-coming neighborhood, this home offers great long-term investment potential.

  Amber Barry Scott Estates

  3308 Schofield Ave, Indianapolis, IN 46218
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  /6

  $104,900

  • 3 Beds
  • 1 Bath
  • 1,066 Sq Ft

  2716 Baltimore Ave, Indianapolis, IN 46218

  Excellent investment opportunity on Indy's Eastside! Last rent was $1,250/month. Property needs some work to be rent ready but has a driveway, large back yard, and is near parks and close to Downtown or Interstate access. Additional 10 properties available from same seller/agent, also vacant, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE

  Sam Barron Barron Property Services

  2716 Baltimore Ave, Indianapolis, IN 46218
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  /28

  $269,900

  • 3 Beds
  • 2.5 Baths
  • 1,988 Sq Ft

  10795 Albertson Dr, Indianapolis, IN 46231

  Step into this picture-perfect 3-bedroom, 2.5-bath home in the top-rated Avon School District, offering nearly 1,900 sq ft of thoughtfully designed living space. The cheerful yellow exterior and inviting curb appeal set the tone for a home that's as warm and welcoming as it is functional. Inside, you'll find updated hardwood floors, an open-concept kitchen ideal for entertaining, and a bright

  Karr Hill Real Results, Inc.

  10795 Albertson Dr, Indianapolis, IN 46231
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  /7

  $80,000

  • Land
  • 0.12 Acre
  • $666,667 per Acre

  631 N Beville Ave, Indianapolis, IN 46201

  Prime investment opportunity in a rapidly evolving area! Less than 5 minutes from The Bottleworks District, Mass Ave, and the Monon Trail. Enjoy easy access to downtown Indianapolis, top-tier restaurants, and beautiful parks. With significant renovation and development happening nearby, this property offers incredible potential for the savvy investor. Property next door at 629 Beville also for

  Cameron Harris @properties

  631 N Beville Ave, Indianapolis, IN 46201
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  /2

  $169,000

  • 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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  /15

  $215,000

  • 4 Beds
  • 2 Baths

  602 S Biltmore Ave, Indianapolis, IN 46241

  Turnkey All-Brick Duplex in Indianapolis - Ideal Investment Opportunity! This fantastic duplex in the heart of Indianapolis is a perfect opportunity for investors or owner-occupants looking for an income-generating property. Each unit features spacious living areas, well-appointed kitchens, comfortable bedrooms, and in-unit laundry hookups, offering a great layout for tenants. The property boasts

  Maxwell Richter Wilmoth Group

  602 S Biltmore Ave, Indianapolis, IN 46241
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  /3

  $49,000

  • Land
  • 0.18 Acre
  • $272,222 per Acre

  745 N Elder Ave, Indianapolis, IN 46222

  Oversized double lot in Indianapolis! Offering ample room for new construction, this combined parcel at sits in a location surrounded by ongoing development and long-term investment. Build your dream home, modern infill, or investment property just minutes from campus, major medical centers, and downtown nightlife. A rare chance to secure a large buildable lot in one of Indy's fast-improving

  Nicole Crouch Crossroads Realty, LLC

  745 N Elder Ave, Indianapolis, IN 46222
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  /34

  $183,000

  • 3 Beds
  • 1 Bath
  • 1,488 Sq Ft

  5730 Julian Ave, Indianapolis, IN 46219

  Nestled at 5730 Julian AVE, INDIANAPOLIS, IN, this single-family residence offers a great investment opportunity in Irvington, ready to begin its newest chapter. Picture the living room providing a warm and elegant atmosphere, enhanced by the inviting fireplace and detailed crown molding; envision evenings spent in comfortable relaxation and cheerful conversation. This residence includes three

  Randy Placencia Red Bridge Real Estate

  5730 Julian Ave, Indianapolis, IN 46219
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  /7

  $199,000

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

  5615 Northport Dr, Indianapolis, IN 46221

  Charming 3-bedroom, 2-full-bath home in an established, no HOA neighborhood. Features a cozy wood-burning stove capable of heating the entire house, complemented by a gas furnace for added comfort. With a little TLC, this property offers great potential as a forever home or a savvy rental investment. Hard to find at this price point - don't miss out!

  Jennifer Hicks Keller Williams Indy Metro S

  5615 Northport Dr, Indianapolis, IN 46221
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  /11

  $79,900

  • 2 Beds
  • 1 Bath
  • 1,110 Sq Ft

  1340 W 32nd St, Indianapolis, IN 46208

  Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

  Ben Grise List With Ben, LLC

  1340 W 32nd St, Indianapolis, IN 46208

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