Investment - Homes for Sale in Indianapolis, IN

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  /4

  $475,000

  • 6 Beds

  4235 Evanston Ave, Indianapolis, IN 46205

  Proposed New Construction 4-Plex | 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

  4235 Evanston Ave, Indianapolis, IN 46205
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  /7

  $89,900

  • Land
  • 0.4 Acre
  • $224,750 per Acre

  974 N Sheffield Ave, Indianapolis, IN 46222

  Residential vacant lot for sale-Prime Location! Fantastic investment opportunity near IUPUI Campus, Downtown Indianapolis, and the White River. Conveniently located with easy access to major amenities, this lot is ideal for building your dream home or developing an income property. Lot dimensions: 114x153. Total area: 0.40 acres/17,442 sqft. Don't miss out on this great opportunity in a growing

  xue jiang T L C Real Estate Group

  974 N Sheffield Ave, Indianapolis, IN 46222
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  /44

  $229,000

  • 5 Beds
  • 4 Baths

  1102 N Dearborn St, Indianapolis, IN 46201

  Turnkey duplex in the rapidly improving Brookside neighborhood, just 5 minutes from downtown Indianapolis. Featuring a 2BR/1.5BA unit and a 3BR/1.5BA unit, this property has been freshly painted with updates throughout and offers a strong investment opportunity in an area on the rise.

  Nicholas Cannon eXp Realty, LLC

  1102 N Dearborn St, Indianapolis, IN 46201
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  /8

  $182,000

  • 2 Beds
  • 2 Baths

  1328 N Chester Ave, Indianapolis, IN 46201

  Investor-ready opportunity in the heart of Indianapolis-this duplex at 1328-1330 North Chester Ave delivers instant cash flow with no HOA restrictions. Each unit features 1 spacious bedroom, 1 full bath, and comes equipped with a refrigerator and electric range. The property offers two detached car garage , a low-maintenance layout, and ready for reliable tenants a. A newer roof only 1 years old.

  Pavitar Khakh eXp Realty, LLC

  1328 N Chester Ave, Indianapolis, IN 46201
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  /5

  $90,000

  • 4 Beds
  • 2 Baths
  • 1,078 Sq Ft

  952 Udell St, Indianapolis, IN 46208

  Attention investors and visionary buyers! Here's your opportunity to own a prime property in a rapidly developing neighborhood where new homes are transforming the area. This 4-bedroom, 2-bath home is down to the studs, making it a blank canvas ready for your creative touch. With the heavy lifting already started, you can design the layout and finishes to match modern buyer demands. Whether

  Rolonda Lolla Austyn Avenue Real Estate

  952 Udell St, Indianapolis, IN 46208
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  /19

  $170,000

  • 3 Beds
  • 2.5 Baths
  • 1,744 Sq Ft

  3748 Ruckle St, Indianapolis, IN 46205

  Located at 3748 Ruckle ST, INDIANAPOLIS, IN, this single family residence offers a unique opportunity, presenting a fantastic investment prospect or a canvas awaiting the personal touch of a handy homeowner. The property's condition makes it ideal for those looking to invest wisely. This residence features three bedrooms, offering comfortable spaces for rest and relaxation. Imagine the

  Catherine Rubenstein Mark Dietel Realty, LLC

  3748 Ruckle St, Indianapolis, IN 46205
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  /25

  $135,000

  • 2 Beds
  • 2 Baths

  214 N Forest Ave, Indianapolis, IN 46201

  Investor Special or Owner-Occupant Opportunity! Both sides of this duplex are now rent-ready and feature 1 bedroom, 1 bathroom, private basements, and separate gas/electric meters. Live in one unit and rent the other, or add this to your investment portfolio area rents average $950-$1,150 per side. Surrounding renovated homes are selling in the $300K+ range, offering strong appreciation

  Kristina Guerrero Neace Crossroads Real Estate Group LLC

  214 N Forest Ave, Indianapolis, IN 46201
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  /26

  $180,000

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  5338 Straw Hat Ct, Indianapolis, IN 46237

  Welcome home to this well-maintained 3-bedroom ranch tucked away on a quiet cul-de-sac with no HOA! Perfect for a first-time homebuyer or a rental investment, this home offers comfort, convenience, and flexibility. Inside, you'll find a spacious kitchen and a bright, welcoming living room filled with natural light from large windows. The living room and hallway feature new vinyl flooring

  Alexandria Chestnut Mark Dietel Realty, LLC

  5338 Straw Hat Ct, Indianapolis, IN 46237
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  /16

  $94,900

  • 2 Beds
  • 1 Bath
  • 676 Sq Ft

  5711 Hardegan St, Indianapolis, IN 46227

  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

  5711 Hardegan St, Indianapolis, IN 46227
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  /52

  $122,900

  • 1 Bed
  • 1 Bath
  • 500 Sq Ft

  230 E 9th St Unit 611, Indianapolis, IN 46204

  An exceptional opportunity for both homeowners and investors, this fully furnished studio at Renaissance Tower delivers turnkey downtown living just steps from the vibrant energy of Mass Ave. Perfectly positioned near Indy's best dining, shopping, and entertainment, it sits in one of the city's most desirable urban locations. Expansive bay windows flood the space with natural light, creating an

  Claire Stitz Match House Realty Group LLC

  230 E 9th St Unit 611, Indianapolis, IN 46204
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  /17

  $169,900

  • 4 Beds
  • 2 Baths
  • 1,862 Sq Ft

  6407 Bluff Rd, Indianapolis, IN 46217

  Unique opportunity to own two houses on one lot. The main house is 3br 1ba that needs updated. The second is a 1br 1ba that needs rehabbed. Great potential for in law quarters or an investment property.

  Chris Hilligoss eXp Realty, LLC

  6407 Bluff Rd, Indianapolis, IN 46217
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  /61

  $369,000

  • 5 Beds
  • 3.5 Baths
  • 2,100 Sq Ft

  29 E Palmer St, Indianapolis, IN 46225

  Prime Downtown Investment Opportunity! Welcome to this fully renovated 5-bedroom, 3.5-bath home ideally located in the heart of downtown Indianapolis-just minutes from Lucas Oil Stadium, Fountain Square, and all the best dining, shopping, and entertainment the city has to offer. Currently being utilized as a triplex, this property generates a strong monthly income of $3,300. All tenants are

  Gabriela Gonzalez Highgarden Real Estate

  29 E Palmer St, Indianapolis, IN 46225
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  /21

  $200,000

  • 3 Beds
  • 2 Baths
  • 936 Sq Ft

  4648 Brookville Rd, Indianapolis, IN 46201

  Welcome to 4648 Brookville Rd, an impressive 3-bedroom, 2-full bath home that has been extensively remodeled from top to bottom! Whether you're looking to add a low-maintenance property to your investment portfolio or purchase your first home with peace of mind, this one checks every box. Step inside to discover a bright, modern interior with all-new finishes & updates throughout. Enjoy brand new

  Mitchell Gough Compass Indiana, LLC

  4648 Brookville Rd, Indianapolis, IN 46201
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  /21

  $259,900

  • 3 Beds
  • 1 Bath
  • 2,364 Sq Ft

  8301 Camby Rd, Camby, IN 46113

  Attention all Investors! Located at 8301 Camby Rd., Camby, IN, this single-family residence, features 3 Bedrooms, and 1 Bath. This is a compelling Investment opportunity. Calling all handy homeowners and investors, this property offers a canvas for your vision. It could potentially be renovated into 5 Bedrooms! Imagine mornings spent in the living room, where the beamed ceiling adds a touch of

  Amanda Norman eXp Realty LLC

  8301 Camby Rd, Camby, IN 46113
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  /27

  $339,000 New Construction

  • 6 Beds
  • 4.5 Baths
  • 5,448 Sq Ft

  2702 Indianapolis Ave, Indianapolis, IN 46208

  Located at 2702 Indianapolis AVE, Indianapolis, IN, this single-family residence offers a unique opportunity for those with vision. This property is an exceptional investment prospect, presenting a chance to craft something truly special. The property features multiple balconies, creating a private outdoor retreat where you can enjoy the fresh air and peaceful surroundings. With six bedrooms and

  Barry Hines Realty Wealth Advisors

  2702 Indianapolis Ave, Indianapolis, IN 46208
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  /16

  $499,000 New Construction

  • 2 Beds
  • 2 Baths

  2143 Columbia Ave, Indianapolis, IN 46202

  Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit

  Nicole Crouch Crossroads Realty, LLC

  2143 Columbia Ave, Indianapolis, IN 46202
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  /20

  $899,000

  • 4 Beds
  • 3 Baths
  • 2,756 Sq Ft

  11502 E Thompson Rd, Indianapolis, IN 46239

  Escape to Your Private 11-Acre Haven, Where Timeless Charm Meets Endless Possibility! Tucked away in the heart of the Franklin Township countryside, this rare 11-acre parcel offers the perfect blend of privacy, open space, and classic charm. Whether you're dreaming of hobby farming, weekend retreats, or simply breathing room to grow, this property delivers the kind of lifestyle most only imagine.

  Jhirmal Singh Midland Realty Group, Inc.

  11502 E Thompson Rd, Indianapolis, IN 46239
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  /8

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,754 Sq Ft

  9541 Gemini Dr, Indianapolis, IN 46229

  Have you been waiting for a home that needs a little TLC for instant equity? Well, here it is and its listed 50k below comps. If this is going to be your first home or your next investment, come look at this 3-bedroom 2 bath home and see all the possibilities. Plenty of room to add a 4th bedroom if needed. Large kitchen/dining room combo, living room, family room and bonus room are a blank canvas

  Tyce Carlson eXp Realty LLC

  9541 Gemini Dr, Indianapolis, IN 46229
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  /16

  $135,500

  • 3 Beds
  • 1 Bath
  • 960 Sq Ft

  7510 E 51st St, Indianapolis, IN 46226

  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

  7510 E 51st St, Indianapolis, IN 46226
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  /59

  $375,000

  • 3 Beds

  2321 Guilford Ave, Indianapolis, IN 46205

  Located just steps from the Monon Trail, this freshly updated duplex offers an excellent opportunity for both house-hackers and long-term investors seeking strong rental potential in one of Indianapolis' fastest-improving Near Northside corridors. Each side has just been renovated and features a practical 3-bedroom layout with 1.5 baths, durable luxury vinyl plank flooring throughout, and

  Connor Jones Mark Dietel Realty, LLC

  2321 Guilford Ave, Indianapolis, IN 46205
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  /15

  $349,000

  • 6 Beds
  • 3 Baths

  1714 Union St, Indianapolis, IN 46225

  Welcome to 1714 Union St, a strong-performing duplex investment located in the desirable Old Southside neighborhood, just steps from the continued growth and demand of Bates-Hendricks. This flexible asset produces $3,425/mo ($41,100/ yr) & offers multiple income strategies ideal for investors seeking above-market cash flow with long-term upside. Unit 1 is a traditional and spacious 2-bedroom,

  Lindsey Winkhart RE/MAX Advanced Realty

  1714 Union St, Indianapolis, IN 46225
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  /11

  $190,000

  • 4 Beds
  • 2 Baths

  2114 Winfield Ave, Indianapolis, IN 46222

  Discover a prime addition to your portfolio with this fantastic duplex opportunity located on the vibrant west side of Indianapolis, near the scenic Riverside Park! This property is currently generating income with tenants on a month-to-month lease, paying a combined $1,770/month, with the potential to increase to an estimated market rent of $2,420/month. The addresses are 2114 and 2116 Winfield

  Andy Tresize Compass Indiana, LLC

  2114 Winfield Ave, Indianapolis, IN 46222
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  /10

  $325,000

  • Land
  • 8.68 Acres
  • $37,442 per Acre

  6630 S Meridian St, Indianapolis, IN 46217

  9 Acres of Untapped Potential in Indianapolis, a rare opportunity awaits with this expansive 9-acre parcel just 14 minutes from downtown Indianapolis. Offering an abundance of prime build sites, this property is the perfect canvas to design your dream home, private retreat, or future investment. Set against a backdrop of natural beauty, the land provides the privacy and seclusion you desire,

  Denis O'Brien Keller Williams Indy Metro S

  6630 S Meridian St, Indianapolis, IN 46217
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  /23

  $160,000

  • 1 Bed
  • 2 Baths
  • 854 Sq Ft

  230 E 9th St Unit 502, Indianapolis, IN 46204

  Check out this unique true one bedroom condo in the landmark Renaissance Tower building! Two studio units were combined to create a spacious retreat. One of the two walk-in closets is large enough to use as a den or an office. Located in the charming St. Joseph neighborhood on the near-north side of Downtown, it would be perfect for easy downtown living or as a rental property investment. Walk or

  Amanda Wade CENTURY 21 Scheetz

  230 E 9th St Unit 502, Indianapolis, IN 46204
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  /34

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,237 Sq Ft

  1450 W 33rd St, Indianapolis, IN 46208

  This charming ranch offers a great blend of comfort and potential in the Near Northwest neighborhood. With its inviting layout and practical design, this home is ready for your personal touch. Whether you're a first-time buyer or looking for an investment opportunity, this property is full of possibilities. Built in 1930, this vinyl-sided home features 3 bedrooms, 1 full bath, and 1,088 square

  Terry Young Red Bridge Real Estate

  1450 W 33rd St, Indianapolis, IN 46208
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  /10

  $105,000

  • 2 Beds
  • 1 Bath
  • 828 Sq Ft

  2627 Shriver Ave, Indianapolis, IN 46208

  Solid investment opportunity on the near north side of Indianapolis. This 2-bedroom, 1-bath bungalow was renovated in April 2023 and is currently leased through February 2026 to a tenant in the IHA/VA Section 8 program at $895/month. With no HOA and consistent rental income already in place, it's a great option for investors seeking steady cash flow. The home offers a functional layout and

  Eric Forney Keller Williams Indy Metro S

  2627 Shriver Ave, Indianapolis, IN 46208
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  /46

  $110,000

  • 3 Beds
  • 1.5 Baths
  • 1,039 Sq Ft

  5341 E 21st St, Indianapolis, IN 46218

  This charming fixer-upper nestled in the desirable Ritter Park neighborhood of Indianapolis offers an incredible opportunity for those looking to create their dream home or expand their investment portfolio. This residence features three spacious bedrooms and one and a half bathrooms, encompassing 1,759 square feet of potential. The residence includes a welcoming living room and a versatile bonus

  Jennifer Marlow Trueblood Real Estate

  5341 E 21st St, Indianapolis, IN 46218
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  /40

  $639,000

  • 4 Beds
  • 2.5 Baths
  • 2,864 Sq Ft

  4651 N Illinois St, Indianapolis, IN 46208

  Welcome to 4651 N Illinois Street, a timeless 1938 Colonial Revival just steps from the Governor's Residence and minutes from Butler University and vibrant downtown Indy. This home offers the perfect balance of urban convenience and suburban comfort, nestled under a canopy of mature trees in one of the city's most sought-after neighborhoods. Inside, you'll find nearly 2,900 sq. ft. of stylishly

  Forde Ness Berkshire Hathaway Home

  4651 N Illinois St, Indianapolis, IN 46208
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  /25

  $209,900

  • 4 Beds
  • 2 Baths

  2601 E Bradbury Ave, Indianapolis, IN 46203

  Prime Turnkey Investment: Brick Duplex with Immediate Cash Flow in High-Growth Indianapolis! Capitalize on one of the Midwest's most resilient rental hubs with this excellently maintained brick duplex in the heart of Indianapolis. Recognized as a "Top 10" housing hotspot for late 2025 by both Zillow and the National Association of Realtors, Indianapolis continues to outperform national averages

  Rosie Berzenye T&H Realty Services, Inc.

  2601 E Bradbury Ave, Indianapolis, IN 46203
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  /15

  $65,000

  • Land
  • 0.15 Acre
  • $433,333 per Acre

  5260 Clarendon Rd, Indianapolis, IN 46208

  Nestled in the heart of Rocky Ripple, this 140 x 40 buildable lot offers a rare opportunity to bring your dream home to life in one of Indianapolis's most unique and sought-after neighborhoods. Surrounded by mature trees and community charm, the property is ideally situated just steps from the Central Canal Trail, with Butler University just one mile away. With minimal effort the lots can be

  Max Moore @properties

  5260 Clarendon Rd, Indianapolis, IN 46208
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  /26

  $175,000

  • 4 Beds
  • 1.5 Baths
  • 1,752 Sq Ft

  758 Wallace Ave, Indianapolis, IN 46201

  This 4-bedroom, 2-bath home offers over 2200 feet of comfortable living space and brings in $1025 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the eat side of Indianapolis, it's close to school, parks, and major roads. A dependable investment with consistent cashflow.

  Thomas Colvin eXp Realty, LLC

  758 Wallace Ave, Indianapolis, IN 46201
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  /16

  $140,500

  • 4 Beds
  • 3 Baths
  • 1,886 Sq Ft

  2806 N Denny St, Indianapolis, IN 46218

  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

  2806 N Denny St, Indianapolis, IN 46218
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  /13

  $19,900

  • Land
  • 0.08 Acre
  • $248,750 per Acre

  239 E Caven St, Indianapolis, IN 46225

  This vacant city lot is in the beautiful Bates-Hendricks neighborhood. This prime location provides close proximity to multiple interstates, several parks, downtown, and more. Make this lot your own or make it into your next investment. The possibilities are endless!

  Chris Price Keller Williams Indy Metro S

  239 E Caven St, Indianapolis, IN 46225
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  /33

  $315,000

  • 2 Beds
  • 2 Baths
  • 1,904 Sq Ft

  712 Terrace Ave, Indianapolis, IN 46203

  Discover this fully remodeled home in the heart of Bates-Hendricks, blending modern updates with timeless character and historic charm.Step inside to an open-concept living space, perfect for entertaining-offering plenty of seating at the kitchen peninsula, as well as spacious living and family rooms. Hardwood floors, original fireplace mantle with antique tile, and detailed woodwork at the

  Zachary Gilliam Tyler Knows Real Estate LLC

  712 Terrace Ave, Indianapolis, IN 46203
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  /10

  $349,900

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

  104 E 38th St, Indianapolis, IN 46205

  Current leases gross $3K/month. Endless potential meets prime location with this rare 5-bedroom ranch in the heart of Indianapolis. Currently utilized as a daycare, this property offers flexibility unlike anything else on the market-residential, commercial, or investment, the choice is yours. Step inside to find a spacious, single-level layout designed for versatility. Hard surface floors flow

  Eric Forney Keller Williams Indy Metro S

  104 E 38th St, Indianapolis, IN 46205
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  /30

  $150,000

  • 3 Beds
  • 2 Baths
  • 1,180 Sq Ft

  953 W 25th St, Indianapolis, IN 46208

  Move-in ready 3-bedroom, 2-bath home on a rare double lot offering excellent investment potential. New Furnace 2023! The open-concept layout features vaulted ceilings, neutral finishes, and durable tile flooring. The primary bedroom includes a full en-suite bath with a ceramic tile surround tub. Exterior highlights include a fenced yard, storage shed, and rear concrete slab for off-street

  Stephanie Evelo Keller Williams Indy Metro NE

  953 W 25th St, Indianapolis, IN 46208
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  /50

  $825,000

  • 3 Beds
  • 2 Baths
  • 1,950 Sq Ft

  2814 Ruckle St, Indianapolis, IN 46205

  5 Properties Package! This is a rare investment opportunity to own 5 consecutive lots in Mapleton Fall Creek! This includes an occupied duplex, a single-family home (SFH) and 3 perfect vacant lots -- all totaling .60 acres. The vacant lots could be ideal for a multi-family new build or maybe even develop across all 5 lots. There's already new construction completed & in progress all around these

  Adam Corya Carpenter, REALTORS®

  2814 Ruckle St, Indianapolis, IN 46205
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  /24

  $415,000

  • 5 Beds
  • 5 Baths

  5334 E Washington St, Indianapolis, IN 46219

  Rare 5-unit multi-family investment opportunity in the desirable Irvington area! Ideally located on Washington Street, this property has a strong history of 100% occupancy and offers excellent upside potential. Each unit features 1 bed and 1 bath, with all units remodeled and updated. All leases are month-to-month, allowing for immediate rent increases to meet market rates. Tenants pay

  Patricia McCormick Trueblood Real Estate

  5334 E Washington St, Indianapolis, IN 46219
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  /13

  $150,000

  • Land
  • 0.12 Acre
  • $1,250,000 per Acre

  1909 Cornell Ave, Indianapolis, IN 46202

  Build your dream home or income-producing property on this prime vacant lot offering over 5,000 sq. ft. of opportunity. Whether you envision a beautiful single-family home, a duplex, or a carriage house garage, this property provides flexibility to bring your vision to life. Located just minutes from Downtown Indianapolis, you'll enjoy quick access to restaurants, shops, and entertainment. The

  DeAnna Andrew BLK Key Realty

  1909 Cornell Ave, Indianapolis, IN 46202
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  /2

  $95,000

  • Land
  • 0.13 Acre
  • $730,769 per Acre

  2409 Guilford Ave, Indianapolis, IN 46205

  Prime vacant lot near downtown, just one block from the Monon Trail. Located across from the newly built Arnold Place Townhomes and surrounded by ongoing development. Conveniently situated just blocks from College Ave with easy access to dining, shopping, and commuter routes. Ideal opportunity to build a custom home or investment property in a highly desirable, walkable area.

  Tamyra Jenkins F.C. Tucker Company

  2409 Guilford Ave, Indianapolis, IN 46205

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