Investment - Homes for Sale in Indianapolis, IN

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  /20

  $138,000

  $7K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 946 Sq Ft

  3743 Crescent Ave, Indianapolis, IN 46208

  Charming 3 bedroom 1 bath home perfect for a first time homebuyer or investment opportunity! Centrally and conveniently located close to downtown, this property offers comfortable living space with great potential. Currently tenant-occupied, it provides immediate rental income for investors. A great opportunity to addition your portfolio or make your own home in desirable location close to

  Awett Tedla F.C. Tucker Company

  3743 Crescent Ave, Indianapolis, IN 46208
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  /55

  $709,900

  New Construction $15K PRICE DROP

  • 4 Beds
  • 5 Baths
  • 4,102 Sq Ft

  1218 Orange St, Indianapolis, IN 46203

  Welcome to 1218 Orange Street, a rare opportunity to own a newly constructed contemporary home in the heart of Fountain Square. Whether you're searching for your next home, an income-producing investment, or a combination of both, this property checks every box. Spanning over 3,700 square feet, the main residence features 4 bedrooms, 3 full baths and 2 half baths, along with a dedicated office,

  Richard Winget Circle Real Estate

  1218 Orange St, Indianapolis, IN 46203
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  /32

  $79,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 966 Sq Ft

  2229 Martha St, Indianapolis, IN 46221

  Discover the potential at 2229 Martha ST, INDIANAPOLIS, IN, USA. Built in 1940, this 966 square foot single-family residence presents a compelling opportunity for investors and handy homeowners alike. The single bathroom is thoughtfully appointed with a walk-in shower, offering a refreshing start to each day. This ranch-style home features a convenient laundry room, an attached garage for ease of

  Kelly Johnson eXp Realty, LLC

  2229 Martha St, Indianapolis, IN 46221
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  /60

  $417,000

  • 4 Beds
  • 2 Baths

  515 Sutherland Ave, Indianapolis, IN 46205

  Live in one side and let the other help pay the mortgage! This updated duplex offers a fantastic opportunity for an owner-occupant looking to house hack or an investor seeking a versatile addition to their portfolio. Each unit features 2 bedrooms, 1.5 baths, plus finished third-floor attic space offering valuable flexibility as a bonus room, home office, dressing area, hobby space, or additional

  Dawn McClara F.C. Tucker Company

  515 Sutherland Ave, Indianapolis, IN 46205
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  /4

  $99,999

  $70K PRICE DROP

  • 1 Bed
  • 1 Bath

  767 N Elder Ave, Indianapolis, IN 46222

  Great investment opportunity at 767-769 N Elder Ave. This property is a fantastic opportunity for an investor or buyer looking to renovate and make it their own. The sale also includes the adjacent vacant lot at 763 N Elder Avenue, providing additional possibilities for expansion, development, or added outdoor space. Property is being sold as-is.

  Jasmine Tracy BHB Real Estate Group

  767 N Elder Ave, Indianapolis, IN 46222
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  /20

  $194,900

  • 1,792 Sq Ft

  3009 N Colorado Ave Unit Indianapolis, Indianapolis, IN 46218

  INVESTMENT OPPORTUNITY WITH SIGNIFICANT UPSIDE — BRING YOUR VISION! Unique 3-bedroom, 1-bath duplex currently under construction, with most electrical and plumbing rough-ins completed and the property ready for sheetrock. This is an excellent opportunity to finish the project to your specifications and create immediate value. The flexible layout offers multiple options: finish as a duplex, live

  Yita Majerovic Majer Management LLC

  3009 N Colorado Ave Unit Indianapolis, Indianapolis, IN 46218
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  /7

  $59,900

  • Land
  • 4,791 Sq Ft
  • $544,545 per Acre

  325 N Keystone Ave, Indianapolis, IN 46201

  Minutes from downtown, in one of Indy's strongest redeveloping neighborhoods, this lot is perfectly located and ready for its developer's investment vision! It's ready to go, boasts significant investments in the immediate area, and an IndyGo transit stop steps away, for endless future financial growth opportunity!!

  Brandon Cooper The Cooper Real Estate Group

  325 N Keystone Ave, Indianapolis, IN 46201
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  /32

  $84,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,120 Sq Ft

  3518 N Capitol Ave, Indianapolis, IN 46208

  This classic bungalow blends timeless character with the comfort of easy, single-level living. From the moment you arrive, you'll appreciate the inviting feel and the cozy layout that makes this home so appealing. Whether you're looking for a starter home, a place to downsize, or a smart investment, this one is worth a closer look. Built in 1910, this home offers 1,054 square feet of living space

  Terry Young Red Bridge Real Estate

  3518 N Capitol Ave, Indianapolis, IN 46208
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  /11

  $419,000

  • 8 Beds
  • 4 Baths

  6028 Laurel Hall Dr, Indianapolis, IN 46226

  Excellent investment opportunity on Indy's northeast side! This solid four-unit apartment building offers immediate cash flow with additional upside for the next owner. Each unit features 2 bedrooms and 1 full bathroom, with tenants paying their own electricity. Three units are currently occupied with rents slightly below market, providing an opportunity to increase income over time, while the

  RJ LaChance Tyler Knows Real Estate LLC

  6028 Laurel Hall Dr, Indianapolis, IN 46226
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  /20

  $179,900

  • 3 Beds
  • 2.5 Baths
  • 1,530 Sq Ft

  8422 Hague Rd, Indianapolis, IN 46256

  Enjoy easy living at 8422 Hague Road. This condominium, offers three levels of thoughtfully designed space in great condition. This residence provides ample room for comfortable living. With three bedrooms, there is generous space for relaxation and personal retreat. Two full bathrooms and one half bathroom cater to both daily routines and guest convenience. All appliances are included. An

  Marc Theising American Classic Realty

  8422 Hague Rd, Indianapolis, IN 46256
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  /4

  $450,000

  New Construction $25K PRICE DROP

  • 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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  /20

  $465,000

  $10K PRICE DROP

  • 6 Beds
  • 4 Baths

  4726 N College Ave, Indianapolis, IN 46205

  Discover an exceptional living and investment opportunity at 4726 & 4728 N College Ave, Indianapolis, IN. This grand three-story duplex features 3 Bedrooms and 1.5 Baths, 1 car garage & 1 carport in each unit. Extensively remodeled, top-to-bottom, the duplex seamlessly preserves the property's historic architectural character while introducing premium contemporary updates. Recently updated Chef's

  Daniel Braun D. Braun & Company

  4726 N College Ave, Indianapolis, IN 46205
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  /4

  $140,000

  $10K PRICE DROP

  • 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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  /37

  $262,500

  • 2 Beds
  • 1 Bath

  8465 Bluff Rd, Indianapolis, IN 46217

  Income-Producing Duplex Portfolio - Four Fully Rented Units Excellent investment opportunity featuring two duplex properties with four total units, all currently rented. The portfolio offers a strong rental history, with all tenants demonstrating a consistent record of on-time payments. In addition to the four residential units, the property includes four separate garages currently available to

  Justin Perrey PHT Holdings LLC

  8465 Bluff Rd, Indianapolis, IN 46217
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  /24

  $129,900

  $19K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,488 Sq Ft

  3647 Rockville Rd, Indianapolis, IN 46222

  Whether you're searching for your next family home or an investment opportunity with income potential, this property deserves your attention. The main level offers two bedrooms and a comfortable, functional layout. Upstairs, the finished attic provides additional living space that can serve as a home office, playroom, guest area, or other flexible use to fit your needs. The true standout feature

  Hammed Lawal IB REALTORS

  3647 Rockville Rd, Indianapolis, IN 46222
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  /42

  $320,000

  • 4 Beds
  • 3.5 Baths
  • 2,724 Sq Ft

  3114 N Capitol Ave, Indianapolis, IN 46208

  Crafted by Mad River Homes, one of Indianapolis' respected renovation and building specialists, this north-side Downtown property blends quality, flexibility, and investment potential in a highly desirable location. Walk through the spacious front porch to arrive into the expansive foyer; where the whole home invites you in. The upstairs hosts the bedrooms and laundry, while the main level serves

  Alexander Moore FULL CANOPY REAL ESTATE, LLC

  3114 N Capitol Ave, Indianapolis, IN 46208
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  /27

  $149,900

  • 2 Beds
  • 1 Bath
  • 730 Sq Ft

  20 N Galeston Ave, Indianapolis, IN 46229

  Small Home, Big Potential! This charming 2-bedroom, 1-bath home may be modest in size, but it offers plenty of potential! Recently remodeled with granite countertops, stylish shaker cabinets, and updated finishes, this home combines cozy and easy living with modern touches. Situated on a generous half-acre lot, there is plenty of room to enjoy the outdoors, expand, garden, or make the property

  Claudia Arroyo Garibay Garnet Group

  20 N Galeston Ave, Indianapolis, IN 46229
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  /29

  $169,900

  $5K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,208 Sq Ft

  9140 Hamilton Ave, Indianapolis, IN 46234

  Charming Clermont Ranch with Basement & Detached Garage! Looking for an affordable first home or a great rental investment? This cute 4-bedroom, 1-bath ranch offers comfortable living, practical updates, and a convenient location. The home features a full basement for additional storage, a welcoming front porch, and a private yard perfect for relaxing or entertaining. The home has been freshly

  Dianna Clampitt Curb Appeal Realty, LLC

  9140 Hamilton Ave, Indianapolis, IN 46234
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  /23

  $1,395,000

  • 12 Beds

  1704 N Pennsylvania St, Indianapolis, IN 46202

  The Allen Apartments - A Rare Historic Investment Opportunity in Herron-Morton An exceptional opportunity to acquire a landmark multifamily property in one of Indianapolis' most desirable historic neighborhoods. Known as The Allen Apartments, this impressive three-unit residence offers historic character, timeless architecture, and outstanding long-term investment potential. Each spacious

  Joseph Wootan Listwithfreedom.com

  1704 N Pennsylvania St, Indianapolis, IN 46202
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  /9

  $439,900

  $35K PRICE DROP

  • 2 Beds
  • 2 Baths

  333 S State Ave, Indianapolis, IN 46201

  Discover a unique investment opportunity near the center of Fountain Squares. This attractive Foursquare duplex, completely renovated, currently offering high yielding opportunity with Airbnb and corporate travel. The property's traditional exterior is complemented by a private yard, and 2-car private parking in rear of property. A welcoming porch provides an inviting space to enjoy the

  Sheila Wright Brookshire Realty

  333 S State Ave, Indianapolis, IN 46201
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  /26

  $178,000

  • 3 Beds
  • 2 Baths
  • 1,275 Sq Ft

  1154 Bacon St, Indianapolis, IN 46227

  This turn key home was beautifully remodeled in early 2025, this move-in-ready 3-bedroom, 2-bath home offers the perfect combination of modern updates and peace of mind. The renovation includes updated living spaces, kitchen, bathrooms, flooring, paint, and contemporary finishes throughout. Major mechanical updates include a new furnace, central A/C, water heater, and sump pump (2023). In 2025,

  Laura Schneider Visionary Empowerment Realty Group

  1154 Bacon St, Indianapolis, IN 46227
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  /33

  $216,000

  $11K PRICE INCREASE

  • 1 Bed
  • 4,801 Sq Ft

  2854 N Illinois St, Indianapolis, IN 46208

  Zoned for Up to 5 Units | Garage | Prime Redevelopment Opportunity - Endless Potential! Bring your vision and unlock the possibilities with this blank-slate opportunity. This property is ready for a complete transformation, allowing you to skip much of the demolition and clean-out work and focus on creating value. With zoning that allows up to 5 units , this property offers multiple investment

  Suhail Khan Real Broker, LLC

  2854 N Illinois St, Indianapolis, IN 46208
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  /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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  /2

  $188,000

  Coming Soon

  • 2 Beds
  • 1 Bath
  • 1,148 Sq Ft

  3324 N Illinois St, Indianapolis, IN 46208

  COMING SOON! Investment and owner-user opportunity at 3324 N Illinois Street, currently operating as an established barber/beauty shop. Being sold AS-IS. Positioned in an area experiencing continued investment, improved connectivity, and redevelopment, with convenient access to Downtown Indianapolis and IndyGo's rapid-transit network, including the Purple Line corridor. The surrounding area's

  Phyllis Davis Next Place Realty

  3324 N Illinois St, Indianapolis, IN 46208
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  /24

  $129,000

  $13K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,540 Sq Ft

  40 S Chester Ave, Indianapolis, IN 46201

  This 4-bedroom, 1-bathroom single-family home features a detached one-car garage with convenient alley access and is currently tenant-occupied, providing immediate rental income. The home offers a functional layout with a formal living room, separate dining room, and a kitchen featuring an eat-in area and breakfast room. Two bedrooms are located on the main level, with two additional bedrooms

  Karanjod Cheema Rize Commercial Realty LLC

  40 S Chester Ave, Indianapolis, IN 46201
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  /34

  $152,000

  • 2 Beds
  • 2 Baths

  4013 - 4015 E 12th St, Indianapolis, IN 46201

  Don't miss out on this turnkey investment opportunity. 1 bed 1 bath duplex in the heart of Little Flower that exceeds the golden 1% rule (Both tenants paying $810 each and cover all their own utilities and lawncare). With lots of recent updates and 2 long term tenants (4013 tenant moved in 4/1/2023 and current lease runs through 3/31/2027, 4015 tenants moved in 7/3/2023 and current lease runs

  Richard Vinson Trueblood Real Estate

  4013 - 4015 E 12th St, Indianapolis, IN 46201
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  /35

  $949,000

  • 4 Beds
  • 4 Baths

  2008 E Washington St, Indianapolis, IN 46201

  Eight units, all one bed one bath, on one of the most active corridors in Indianapolis. Six are leased today and bringing in $6,740 a month. The other two are vacant and turn-ready, no renovation required. Lease them at the $1,175 the building next door already gets and this property runs $9,400 a month, or $112,800 a year. That is the entire value-add, and it costs nothing but a lease-up. Every

  Max Moore @properties

  2008 E Washington St, Indianapolis, IN 46201
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  /38

  $185,000

  • 6 Beds
  • 2 Baths

  3025 E Michigan St, Indianapolis, IN 46201

  Excellent investment opportunity with this spacious two-story duplex featuring two separate units, each offering 3 bedrooms and 1 full bathroom. Both units boast generous living spaces, 9-foot ceilings, oversized bedrooms, and charming built-in shelving in the dining rooms, adding character and functionality throughout. One unit includes convenient in-unit laundry, while both sides offer plenty

  Perla Palma Keller Williams Indy Metro Partners

  3025 E Michigan St, Indianapolis, IN 46201
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  /23

  $120,000

  • 2 Beds
  • 1 Bath
  • 845 Sq Ft

  2326 Winthrop Ave, Indianapolis, IN 46205

  Prime Investor Opportunity Near Monon Trail & Downtown - 2BR/1BA, 2-car detached Garage with Conversion Potential Excellent entry-level investment opportunity just 1 block from the Monon Trail in a gentrifaction area that's at full throttle! This property is currently configured as a 2/1, with an aapx 550SF garage BUT offers a unique opportunity to create two separate Single-Family Residential

  Pamela Journey E & L Son Enterprise, LLC

  2326 Winthrop Ave, Indianapolis, IN 46205
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  /38

  $147,000

  • 3 Beds
  • 1 Bath
  • 1,720 Sq Ft

  1315 W 34th St, Indianapolis, IN 46208

  Calling all investors and renovators! This 3 bedroom, 1 bath home is full of potential and ready for your personal touch. The main level features both a living room and a separate den, providing flexible living and entertaining spaces. Outside, enjoy a generously sized backyard with endless possibilities for outdoor living or future improvements. Conveniently located just minutes from downtown,

  Edwin Watson Triple E Realty, LLC

  1315 W 34th St, Indianapolis, IN 46208
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  /26

  $100,000

  • 2 Beds
  • 2 Baths
  • 992 Sq Ft

  2219 Hovey St, Indianapolis, IN 46218

  Discover the charm and potential of 2219 Hovey St., a delightful 1909 bungalow offering 992 square feet of comfortable, single-level living. This inviting 2-bedroom, 2-bath home offers an excellent opportunity to build your dream of homeownership in an improving and up-and-coming area just minutes from downtown Indianapolis. The spacious primary bedroom features its own private full bath, while

  Todd Burton EVERGROW Realty Group

  2219 Hovey St, Indianapolis, IN 46218
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  /17

  $104,950

  • 1 Bed
  • 1 Bath
  • 960 Sq Ft

  211 Wisconsin St, Indianapolis, IN 46225

  Bank owned bungalow in area of new construction and recent remodels. Lucas Oil Stadium is just minutes away and the rest of what all downtown offers. This one needs some love. Electric & some plumbing missing. Make it your dream home or your next best investment for visitors of anything and everything near everything downtown Indianapolis. Small Bungalow in area of more expensive homes. This one

  Jackie Lovell New Quantum Realty Group

  211 Wisconsin St, Indianapolis, IN 46225
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  /14

  $164,900

  $15K PRICE DROP

  • 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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  /5

  $900,000

  • Land
  • 1.58 Acres
  • $569,620 per Acre

  5436 Brookville Rd, Warren Park, IN 46219

  Prime commercial redevelopment or investment opportunity of 1.58 acres on two parcels! With this property being zoned C-3 and all utilities already at site, there is room for a wide-range of uses such as a shopping center, laundromat, auto-dealership, motel, and more. Lot is located near the 465 interchange and reaches 10,000+ in daily traffic. Visit the site now and add it into your investment

  Jasmeen Kahlon Steve Lew Real Estate Group, LLC

  5436 Brookville Rd, Warren Park, IN 46219
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  /20

  $224,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths

  214 N Forest Ave, Indianapolis, IN 46201

  Income-Producing Duplex Investment Opportunity in Indianapolis! Don't miss your chance to own this income-producing duplex at 214 N Forest Avenue. Featuring two spacious units, each offering 3 bedrooms and 2 full bathrooms, this property is an outstanding opportunity for investors seeking reliable cash flow and long-term value. Both units are currently leased for $1,390 per month, providing

  Seth Ragon Your Home Team

  214 N Forest Ave, Indianapolis, IN 46201
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  /23

  $159,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,106 Sq Ft

  4706 Vernon Ave, Indianapolis, IN 46226

  Nice three bedroom one bath with basement, two-car detached garage, fenced in back yard and an 18x10 deck. Large, inviting covered front porch measures 15x8. Spacious great room has vaulted ceiling which flows nicely into a kitchen with lots of cabinet space, a time-saving dishwasher and refrigerator. Separate laundry room conveniently located off the primary bedroom. Lawrence Township school

  R Scott Pallikan Sunblest Realty

  4706 Vernon Ave, Indianapolis, IN 46226
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  /11

  $139,999

  $30K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,144 Sq Ft

  2202 Barrett Ave, Indianapolis, IN 46221

  This beautifully remodeled three bedroom one bath home offers the perfect blend of classic character and stylish updates. Step inside to discover refreshed living spaces designed for comfort and everyday living. Conveniently. located just minutes from downtown Indianapolis you'll enjoy quick access to shopping, restaurants, entertainment, and the cities thriving business district. Whether you're

  George Roper Cornerstone REI Group LLC

  2202 Barrett Ave, Indianapolis, IN 46221
• 

  

  /13

  $125,000

  • 3 Beds
  • 1 Bath
  • 752 Sq Ft

  3549 N Linwood Ave, Indianapolis, IN 46218

  Investors Welcome! This tenant occupied 3 bedroom, 1 bath home offers immediate rental income and strong investment potential. This home has a spacious living room, mature trees and large backyard. Conveniently located just minutes from downtown, shopping, dining, and other amenities. Add this cash flowing property to your portfolio today!

  Edwin Watson Triple E Realty, LLC

  3549 N Linwood Ave, Indianapolis, IN 46218
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  /36

  $159,900

  • 3 Beds
  • 1 Bath
  • 1,152 Sq Ft

  902 N Drexel Ave, Indianapolis, IN 46201

  Charming 3-bedroom, 1-bath home in Emerson Heights! Hardwood flooring runs throughout most of the home. The thoughtful floor plan features a living room, formal dining room, and breakfast room just off the kitchen, giving the home a surprisingly spacious feel. The kitchen is equipped with stainless steel appliances, and the washer and dryer are included. Newer light fixtures and ceiling fans have

  Laura Waters Highgarden Real Estate

  902 N Drexel Ave, Indianapolis, IN 46201
• 

  

  /13

  $995,000

  • Land
  • 32,670 Sq Ft
  • $1,326,667 per Acre

  558 E 82nd St, Indianapolis, IN 46240

  An exceptional opportunity to create a custom estate in one of Indianapolis' most sought-after luxury corridors. Situated on approximately 0.75 acres with 100 feet of frontage and over 327 feet of depth, this rare homesite offers the space, flexibility, and setting to bring your vision to life. Surrounded by newly constructed luxury residences and multimillion-dollar homes already established

  Samuel Hawkins F.C. Tucker Company

  558 E 82nd St, Indianapolis, IN 46240

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