Investment - Homes for Sale in Indianapolis, IN

• 

  

  

  /22

  $625,000

  • 3 Beds
  • 3 Baths

  472 S Pine St, Indianapolis, IN 46203

  Welcome to one of Fletcher Place's best-kept secrets: a rare 2001-built luxury duplex that lets downtown Indianapolis living pay for itself-live in half and rent out the other! Step into your unit and forget everything you think you know about duplexes. This is not your grandmother's side-by-side. With over 3,000 square feet of total living space, a full bath for every bed room,, a finished

  Josie Raimondi Property Management Services

  472 S Pine St, Indianapolis, IN 46203
• 

  

  

  /43

  $325,000

  • 4 Beds
  • 2.5 Baths
  • 2,462 Sq Ft

  1139 N Hawthorne Ln, Indianapolis, IN 46219

  Showings Start Thursday at 5 p.m. | Say hello to this Tudor-inspired brick cottage in desirable Community Heights. These Justus-built homes are simply special, and this one even more so thanks to years of committed ownership and investment (see the list at the end). At Hawthorne, you're going to love original hardwood floors, gas fireplace, oversized windows, the finished (waterproofed) basement,

  Natalie Clayton Maywright Property Co.

  1139 N Hawthorne Ln, Indianapolis, IN 46219
• 

  

  

  /54

  $489,000

  $10K PRICE DROP

  • 3 Beds

  405 N Keystone Ave, Indianapolis, IN 46201

  Turnkey investment opportunity in the heart of Indianapolis's growing urban core. This fully renovated duplex is a true multifamily asset featuring two large mirror-image units, each offering 3 bedrooms and 2.5 bathrooms-for a total of 6 bedrooms, 4 full baths, and 2 half baths. The property is fully leased and generating $4,320/month in rental income, providing immediate, stabilized cash flow

  Tyler Willis @properties

  405 N Keystone Ave, Indianapolis, IN 46201
• 

  

  /2

  $30,000

  • Land
  • 5,662 Sq Ft
  • $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
• 

  

  

  /10

  $100,000

  • 2 Beds
  • 1 Bath
  • 727 Sq Ft

  3015 Eastern Ave, Indianapolis, IN 46218

  This property offers a fantastic opportunity for investors looking to add value and generate strong returns. Whether you're looking for your next fix-and-flip or a long-term rental, this home has solid potential with the right vision. Featuring 2 bedrooms and 1 bathroom, this property sits in an area with ongoing growth and redevelopment, making it a smart addition to any investment portfolio.

  Corey Dawkins Keller Williams Indy Metro NE

  3015 Eastern Ave, Indianapolis, IN 46218
• 

  

  /78

  $929,900

  $5K PRICE DROP

  • 5 Beds
  • 5 Baths

  1633 N New Jersey St, Indianapolis, IN 46202

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

  Mina Kadhum Trueblood Real Estate

  1633 N New Jersey St, Indianapolis, IN 46202
• 

  

  /23

  $179,999

  $5K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,128 Sq Ft

  2257 Rome Dr, Indianapolis, IN 46228

  Welcome to easy, low-maintenance living in this beautifully maintained 2-bedroom, 2-bathroom condo with a full basement in a quiet and convenient Indianapolis location! This inviting home offers a perfect blend of comfort and functionality, featuring a spacious layout with generous natural light throughout. The main living area flows effortlessly into a well-appointed kitchen and dining

  Tiffiny Holmes RE/MAX Results

  2257 Rome Dr, Indianapolis, IN 46228
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  /71

  $175,000

  • 4 Beds
  • 4 Baths

  915 N Lasalle St, Indianapolis, IN 46201

  Opportunity knocks on LaSalle St with this two-parcel duplex primed for its next chapter. Major updates completed in 2022 include separated sewer and water lines, individually metered utilities (water, sewer, gas, and electric), new HVAC systems, water heaters, and a newer roof and gutters-setting a strong foundation for the next phase. The property is currently in a mid-rehab state with much of

  Myquisha Zeigler eXp Realty LLC

  915 N Lasalle St, Indianapolis, IN 46201
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  /38

  $239,900

  $25K PRICE DROP

  • 4 Beds
  • 2 Baths

  4860 E 14th St, Indianapolis, IN 46201

  Charming Duplex Near Little Flower - A Fantastic Opportunity for Investors or Owner-Occupants! Welcome to this beautifully maintained duplex in the sought-after Emerson Highlands neighborhood of Center Township. Blending character, comfort, and flexibility, this property is perfectly suited for both savvy investors and buyers looking to offset their mortgage with rental income. Each unit features

  Rosie Berzenye T&H Realty Services, Inc.

  4860 E 14th St, Indianapolis, IN 46201
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  /59

  $449,000

  $26K PRICE DROP

  • 7 Beds
  • 3 Baths

  2345 N Kenwood Ave, Indianapolis, IN 46208

  Turnkey triplex opportunity just minutes from downtown Indianapolis! Located on Kenwood Avenue in a rapidly developing area, this well-positioned multi-unit property offers flexibility for both investors and owner-occupants. The property features two spacious 3-bedroom units and one 1-bedroom unit, providing a versatile layout that appeals to a wide range of tenants. With strong demand for rental

  Dylan Haywood F.C. Tucker Company

  2345 N Kenwood Ave, Indianapolis, IN 46208
• 

  

  /52

  $379,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,089 Sq Ft

  4203 N Capitol Ave, Indianapolis, IN 46208

  Opportunity knocks with this well-maintained duplex offering two spacious units, each featuring 2 bedrooms and 1 full bathroom. Whether you're looking to expand your investment portfolio or live in one side while generating income from the other, this property provides flexibility and strong potential. Each unit offers a functional layout with comfortable living spaces and access to its own

  Landon Buesching 1 Percent Lists Indiana Real Estate

  4203 N Capitol Ave, Indianapolis, IN 46208
• 

  

  /15

  $149,900

  $20K PRICE DROP

  • 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
• 

  /2

  $149,900

  • Land
  • 4,791 Sq Ft
  • $1,362,727 per Acre

  1215 S East St, Indianapolis, IN 46225

  Prime commercial opportunity in the heart of Bates Hendricks! This approximately 147' x 33' lot offers incredible potential in one of downtown Indianapolis' fastest-growing and most vibrant neighborhoods. Positioned in a high-visibility area with strong residential and commercial growth, this site is ideal for a variety of uses-whether you're looking to develop retail, office, mixed-use, or a

  Sarah Fishburn F.C. Tucker Company

  1215 S East St, Indianapolis, IN 46225
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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 5 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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  /7

  $50,000

  • Land
  • 4,356 Sq Ft
  • $500,000 per Acre

  1705 Union St, Indianapolis, IN 46225

  Vacant lot in a prime Old Southside location just minutes from Downtown Indianapolis, Lucas Oil Stadium, and Gainbridge Fieldhouse. This flat infill lot offers an excellent opportunity for builders or investors looking to develop in a rapidly growing area. Zoned D5 with dimensions of 30' x 140' and convenient alley access, providing flexibility for new construction. Ideal for a single-family home

  Thuriya Sai Carpenter, REALTORS®

  1705 Union St, Indianapolis, IN 46225
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  /43

  $445,000

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

  2038 N College Ave, Indianapolis, IN 46202

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

  Mina Kadhum Trueblood Real Estate

  2038 N College Ave, Indianapolis, IN 46202
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  /2

  $144,000

  $96K PRICE DROP

  • 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
• 

  

  /3

  $49,000

  • Land
  • 7,840 Sq Ft
  • $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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  /16

  $134,900

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  2754 S Lyons Ave, Indianapolis, IN 46241

  This charming 2-bedroom, 1 full bath home is move-in ready and perfect whether you're a first-time buyer, downsizing, or looking for a solid investment. Enjoy a comfortable layout with the opportunity to add your own personal touches and truly make it feel like home!

  Salhma Lauro-Alvarado F.C. Tucker Company

  2754 S Lyons Ave, Indianapolis, IN 46241
• 

  

  /11

  $76,900

  $4K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,051 Sq Ft

  643 Warren Ave, Indianapolis, IN 46221

  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

  643 Warren Ave, Indianapolis, IN 46221
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  /28

  $140,000

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,491 Sq Ft

  1539 Wade St, Indianapolis, IN 46203

  Investor Opportunity in Bean Creek - East of Garfield Park! This property offers a strong value-add opportunity for investors looking to build equity through light rehab. Located in the desirable Bean Creek area just east of Garfield Park, this home presents multiple exit strategies-ideal as a long-term rental or a flip, depending on your investment goals. The home features an enclosed front

  Harly Materan Pillario Property Management LLC

  1539 Wade St, Indianapolis, IN 46203
• 

  

  /6

  $94,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,580 Sq Ft

  9015 Hibben Ave, Indianapolis, IN 46229

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

  Claire Sorrels List With Ben, LLC

  9015 Hibben Ave, Indianapolis, IN 46229
• 

  

  /4

  $459,900

  • Land
  • 6,534 Sq Ft
  • $3,066,000 per Acre

  734 E Mccarty St, Indianapolis, IN 46203

  An outstanding opportunity to acquire a prime parcel of land in one of the city's most sought-after locations. Zoned D8, this premium site offers exceptional potential for a wide range of development uses including residential, commercial, mixed-use, or hospitality (subject to planning permission). Situated in the heart of a vibrant and rapidly evolving area, this lot enjoys excellent

  Sarah Fishburn F.C. Tucker Company

  734 E Mccarty St, Indianapolis, IN 46203
• 

  

  /22

  $95,000

  $4K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 716 Sq Ft

  59 Port Sylvia Dr, Indianapolis, IN 46224

  SELLER TO PROVIDE 6 months of HOA dues with acceptable offer!! WOW! Check out this AMAZING CONDO on INDY's West side! EASY ACCESS to the INTERNATIONAL AIRPORT makes this place the perfect "pied-de-terre" for frequent travelers and WFH individuals or couples whose job takes them globetrotting! Beautifully updated featuring BRAND NEW LVP flooring throughout greatroom/kitchen, hall and bath, and new

  Nathan Pfahler Weichert REALTORS® Cooper Group Indy

  59 Port Sylvia Dr, Indianapolis, IN 46224
• 

  

  /21

  $97,997

  • Land
  • 9,583 Sq Ft
  • $445,441 per Acre

  4825 Melrose Ave, Indianapolis, IN 46241

  CALLING ALL INVESTORS! Here is a Great Opportunity for a double lot in Drexel Gardens! This double lot provides ample opportunity for someone looking to build not just one but two possible homes. This lot can be kept as one large corner lot OR split into two if someone so desires! The split would provide two .11/acre lots that are easily buildable and a chance to maximize your return on

  Eric Johnson F.C. Tucker Company

  4825 Melrose Ave, Indianapolis, IN 46241
• 

  

  /26

  $150,900

  $31K PRICE INCREASE

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  1654 E Bradbury Ave, Indianapolis, IN 46203

  This newly updated 3-bedroom cottage blends classic charm with fresh improvements, making it feel both inviting and move-in ready. With 936 square feet of living space, the home offers a comfortable layout while still leaving room to add your own personal touch. Whether you're searching for a place to call home or a smart investment, this one is worth a look. Originally built in 1932, the home

  Terry Young Red Bridge Real Estate

  1654 E Bradbury Ave, Indianapolis, IN 46203
• 

  

  /4

  $135,000

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  4045 N Edmondson Ave, Indianapolis, IN 46226

  Investment Opportunity! Whether you're looking to grow your portfolio, start investing, or create a home designed to your own style, this property offers incredible potential. This 2-bedroom, 1-bath home features an open-concept layout ready for updates-giving you the opportunity to truly make it your own. Situated on a sizable 0.31 acre lot, the property offers plenty of space for expansion or

  Sara Sandoval F.C. Tucker Company

  4045 N Edmondson Ave, Indianapolis, IN 46226
• 

  

  /4

  $475,000

  New Construction

  • 6 Beds

  4235 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

  4235 Evanston Ave, Indianapolis, IN 46205
• 

  

  /7

  $89,900

  • Land
  • 17,424 Sq Ft
  • $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
• 

  

  /5

  $90,000

  $25K PRICE DROP

  • 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
• 

  

  /55

  $345,000

  $35K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 2,227 Sq Ft

  4302 Cornelius Ave, Indianapolis, IN 46208

  MOTIVATED SELLER!! Discover an exceptional opportunity with this spacious Dutch Colonial located in the highly sought-after Butler-Tarkington neighborhood. Ideally positioned within walking distance to Butler University, the IMA, the Towpath, and the newly revitalized Tarkington Park, this five-bedroom, two-and-a-half-bath home offers both charm and convenience in an unbeatable location. Recent

  Steve Lew Steve Lew Real Estate Group, LLC

  4302 Cornelius Ave, Indianapolis, IN 46208
• 

  

  /42

  $289,999

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,355 Sq Ft

  8880 Burwick Dr, Indianapolis, IN 46256

  Welcome home to this well-maintained 3-bedroom, 2-bath ranch ideally located in the highly convenient I-69 / Fall Creek corridor of northeast Indianapolis in the Brunson Acres subdivision. Offering the perfect balance of affordability, location, and long-term value, this property is an excellent opportunity for first-time buyers or downsizersl. Inside, you'll find a functional single-level layout

  David Perez F.C. Tucker Company

  8880 Burwick Dr, Indianapolis, IN 46256
• 

  

  /15

  $220,000

  • 3 Beds
  • 2 Baths
  • 1,378 Sq Ft

  1541 Parkthorne Dr, Indianapolis, IN 46229

  Nice Starter Home or Investment Property. 3 Bedroom, 2 Bath Home with a 2 car Garage.

  Ben Grise List With Ben, LLC

  1541 Parkthorne Dr, Indianapolis, IN 46229
• 

  

  /18

  $165,000

  • 2 Beds
  • 2 Baths

  1444 N Denny St, Indianapolis, IN 46201

  Great Investment Opportunity. Immediate income. Both units are leased with long term tenants. Both units are Updated. 1 Bedroom, 1 Bath with basement that has a laundry area. In a good area. Easy access to interstate, shopping and eateries.

  Hilda Ellis Berkshire Hathaway Home

  1444 N Denny St, Indianapolis, IN 46201
• 

  

  /32

  $144,900

  • 3 Beds
  • 1 Bath
  • 1,073 Sq Ft

  8619 Montery Rd, Indianapolis, IN 46226

  Welcome to this stunning 3-bedroom, 1-bathroom ranch located on the vibrant East side of Indianapolis. This well-maintained home offers approximately 1,073 square feet of comfortable living space, making it an ideal choice for first-time homebuyers or those looking to downsize. The interior features a bright and airy layout, designed for both relaxation and easy entertaining. Situated on a

  Isabella Frazier Trelora Realty

  8619 Montery Rd, Indianapolis, IN 46226
• 

  

  /14

  $220,000

  • 4 Beds
  • 1 Bath
  • 1,140 Sq Ft

  1912 N Bosart Ave, Indianapolis, IN 46218

  Turn-key Investment or Ready to move in home! This property offers either path as it is currently being used as an investment property with a tenant in place making $1150/month. Property has been recently renovated and has many replacements for utilities.

  Justin Lowe Ellsbury Group

  1912 N Bosart Ave, Indianapolis, IN 46218
• 

  

  /6

  $140,000

  • 2 Beds
  • 1.5 Baths
  • 899 Sq Ft

  2145 N Leland Ave, Indianapolis, IN 46218

  Great investment opportunity! This 2 bedroom, 1 bath home is a solid addition to any portfolio. The property features a spacious backyard and a convenient 1 car attached garage. While the home will need some interior work, it presents excellent potential to add value. Great location and close to amenities.

  Edwin Watson Triple E Realty, LLC

  2145 N Leland Ave, Indianapolis, IN 46218
• 

  

  /11

  $600,000

  • Land
  • 6.12 Acres
  • $98,039 per Acre

  3701 N German Church Rd, Oaklandon, IN 46235

  Discover the potential of this 6.12-acre wooded tract, ready for its next owner and vision. Currently zoned agricultural, this undeveloped property offers a rare blend of privacy, accessibility, and visibility with direct road frontage and a location adjacent to the Marathon gas station-making it an ideal opportunity for investment or future development (subject to zoning and local approvals).

  Landon Buesching 1 Percent Lists Indiana Real Estate

  3701 N German Church Rd, Oaklandon, IN 46235
• 

  

  /22

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,041 Sq Ft

  3539 Brouse Ave, Indianapolis, IN 46218

  Great home to add to your investment portfolio or to purchase for yourself! 3 bedrooms, 1 bath, dining room, living room, kitchen and full basement which is a lot of house to get at this price! Long term tenant already in place and would love to stay here. Current rent is $930/month and lease expires 8/1/26. Showings to be in evenings or weekends only with minimum 24 hour advance notification

  Joy Hickman United Real Estate Indpls

  3539 Brouse Ave, Indianapolis, IN 46218
• 

  

  /3

  $144,500

  $6K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,222 Sq Ft

  909 W 29th St, Indianapolis, IN 46208

  Discover the potential within 909 W 29th ST NW, Indianapolis, IN, a property presenting a great investment opportunity. This single-family residence awaits your vision and expertise. Within this residence, you will find three bedrooms, offering ample space for comfortable living. Imagine creating personalized retreats within each of these rooms, designed to suit your individual style and needs.

  Mitchel Andrews Andrews REALTORS, LLC

  909 W 29th St, Indianapolis, IN 46208

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