Investment - Homes for Sale in Indianapolis, IN

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  /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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  /21

  $110,000

  $30K PRICE DROP

  • 4 Beds
  • 2 Baths

  409 N Centennial St, Indianapolis, IN 46222

  INVESTOR SPECIAL!!! The newest cash flowing duplex just hit the market. Each side is equipped with 2 bedrooms, dining room, and laundry hookups. Updated flooring lets new tenant move right in. On the other side, long term tenants give you peace of mind. Tenants right apply; please do not disturb tenants if passing by. With one side vacant, this give any buyer the opportunity to live in one side

  Ali Rahimi Trueblood Real Estate

  409 N Centennial St, Indianapolis, IN 46222
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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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  /12

  $109,000

  $20K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,036 Sq Ft

  2964 E 42nd St, Indianapolis, IN 46205

  Great investment opportunity for investor or owner occupant. Nice size living room with fireplace, formal dining room and a bonus room with lots of windows that can be used as a den/library. Nice size lot in a great neighborhood. Home is sold ASIS and does need work. Home is Broker owned.

  Tim Bradley Discover Properties, LLC

  2964 E 42nd St, Indianapolis, IN 46205
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  /55

  $714,900

  New Construction $10K 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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  /4

  $114,900

  $55K 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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  /55

  $350,000

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths

  17 Parkview Ave, Indianapolis, IN 46201

  Calling all investors or buyers looking to live conveniently next to an income-producing property! This duplex on a single parcel offers a rare opportunity to build wealth with flexible living and income-producing options. Each side features 3 bedrooms and 2 full bathrooms, providing spacious layouts that appeal to both owner-occupants and tenants alike. Whether you choose to live in one unit

  Ashley Marino Berkshire Hathaway HomeServices

  17 Parkview Ave, Indianapolis, IN 46201
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  /11

  $159,900

  • 4 Beds
  • 2 Baths
  • 1,296 Sq Ft

  11028 Monroe Ct, Indianapolis, IN 46229

  **Newly Renovated 3BR/2BA Cul-De-Sac Home - This is the kind of opportunity buyers keep hoping to find - a beautifully renovated 3-bedroom, 2-bath home tucked away on a quiet cul-de-sac, already updated and ready for its next owner. Step inside and you'll feel the difference immediately. This home features a bright, open living space, fresh paint, new flooring, modern finishes, an updated

  Steven Koleno BEYCOME OF FLORIDA LLC

  11028 Monroe Ct, Indianapolis, IN 46229
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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

  $89,900

  $5K 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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  /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

  $475,000

  • 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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  /24

  $145,000

  $4K 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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  /4

  $499,900

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

  358 W 29th St, Indianapolis, IN 46208

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

  Charlene Gaard No Limit Real Estate, LLC

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

  $205,000

  • 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

  $109,000

  • 2 Beds
  • 1 Bath

  1358 S Belmont Ave, Indianapolis, IN 46221

  Great investment opportunity! Full of potential and situated on a desirable lot, The property is ideal for those ready to bring their vision to life and build equity.

  Dennis Soriano eXp Realty, LLC

  1358 S Belmont Ave, Indianapolis, IN 46221
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  /24

  $137,000

  $5K 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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  /56

  $799,900

  $59K PRICE DROP

  • 4 Beds
  • 4.5 Baths
  • 2,467 Sq Ft

  1409 Linden St, Indianapolis, IN 46203

  Experience luxury living in the heart of Fountain Square with this exceptional recently constructed Urban Contemporary home. Featuring a private backyard oasis with a swimming pool, 8-person hot tub, and professionally landscaped grounds, this property offers one of the area's most impressive outdoor living spaces-perfect for entertaining or unwinding at home. Inside, the open-concept floor plan

  Tyler Renick Tyler Knows Real Estate LLC

  1409 Linden St, Indianapolis, IN 46203
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  /3

  $34,500

  $4K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $287,500 per Acre

  3328 Graceland Ave, Indianapolis, IN 46208

  Great opportunity to build! Prime vacant lot in a convenient location near shopping, dining, schools, downtown and highways. Perfect for your dream home or investment. Bring your builder and your vision!

  George Roper Cornerstone REI Group LLC

  3328 Graceland Ave, Indianapolis, IN 46208
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  /12

  $949,500

  • 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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  /27

  $249,900

  $10K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 860 Sq Ft

  644 W 43rd St, Indianapolis, IN 46208

  At 644 W 43rd ST, Indianapolis, IN, experience the charm of a single-family residence built in 1946, offering 688 square feet of thoughtfully designed living space. This property presents an opportunity for a vibrant lifestyle within a welcoming community. The home features two comfortable bedrooms, providing private retreats for rest and relaxation. A full bathroom and an additional half

  William Wilson Wilson Property Group, LLC

  644 W 43rd St, Indianapolis, IN 46208
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  /30

  $300,000

  $5K PRICE DROP

  • 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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  /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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  /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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  /33

  $235,000

  $20K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 1,981 Sq Ft

  6660 Colleens Way, Indianapolis, IN 46221

  Welcome to your next project! Conveniently located right by Decatur Central High School, this property is perfect for anyone looking to build sweat equity or expanding their investment portfolio. The home boasts an excellent layout that flows beautifully through the main floor providing ample living space and a half bathroom. While the upstairs boasts all 4 bedrooms and 2 full baths. Best of all,

  Victor Villanueva De La Luz F.C. Tucker Company

  6660 Colleens Way, Indianapolis, IN 46221
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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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  /31

  $325,000

  • 3 Beds
  • 2 Baths
  • 1,701 Sq Ft

  3020 Ruckle St, Indianapolis, IN 46205

  Historic Mapleton-Fall Creek! With nearly 2,500 square feet, this 3-bedroom, 2-full-bath home pairs original charm with thoughtful modern updates. The open main level features hardwood floors, open-concept living and dining spaces, and a full bath - perfect for guests or main-level flexibility. The updated kitchen delivers granite countertops, subway tile backsplash, painted cabinetry, and

  Kristin Glassburn @properties

  3020 Ruckle St, Indianapolis, IN 46205
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  /29

  $177,500

  $12K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,301 Sq Ft

  1260 Hiatt St, Indianapolis, IN 46221

  CASH FLOW READY | RENTED FOR $1,800/MONTH | Fully updated and move-in ready, this property is the perfect blend of style, simplicity, and investment upside. Whether you're a first-time buyer looking for a low-maintenance home or an investor searching for a turnkey rental near downtown Indianapolis, this one checks all the boxes. Inside, you'll find fresh flooring, modern fixtures, updated paint,

  Nathan Dixon @properties

  1260 Hiatt St, Indianapolis, IN 46221
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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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  /44

  $275,000

  Open Sun 1PM - 2PM $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,410 Sq Ft

  822 N Temple Ave, Indianapolis, IN 46201

  Up to 15k Available to Owner Occupant - Ask How | New Roof Credit Available - Ask How | A Down To The Studs Restoration - welcome to this 3 bedroom, 2 full bathroom home in charming St. Clair Place! You will love the tall, soaring ceilings, the original hardwoods, the pocket and french doors, the enclosed back sunroom and the quaint front porch - perfect for relaxing. More things an owner will

  Natalie Clayton Maywright Property Co.

  822 N Temple Ave, Indianapolis, IN 46201
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  /3

  $3,200,000

  $700K PRICE DROP

  315 N Senate Ave, Indianapolis, IN 46204

  Originally constructed in 1898 by local businessman Herman E. Martens, the building is a beautifully restored example of Classical Revival architecture, featuring unique pentagonal design elements, limestone detailing, and large bay windows. In the early 1990's the building was completely renovated and legally converted into 19 individual parcels. Martens HPR Unit #1 thru#19. The property was

  Taylor Kumler Kumler Realty

  315 N Senate Ave, Indianapolis, IN 46204
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  /21

  $109,900

  $30K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,248 Sq Ft

  3715 Rockville Rd, Indianapolis, IN 46222

  Investor Opportunity with Tremendous Upside Potential! This 4-bedroom, 2 full-bath home offers an excellent opportunity for investors looking to expand their rental portfolio or add value through future improvements. The property is currently habitable, making it ideal for immediate occupancy or rental income while planning future updates. Situated on a generously sized lot, the home features a

  Angela Richardson F.C. Tucker Company

  3715 Rockville Rd, Indianapolis, IN 46222
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  /3

  $1,000,000

  $500K PRICE DROP

  • 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
• 

  

  /11

  $149,498

  $21K 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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