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Investment - Homes for Sale in Indianapolis, IN

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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 $1050 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
  • /16

    $115,900

    • 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
  • /74

    $300,000

    • 4 Beds
    • 4 Baths

    933 N Ewing St, Indianapolis, IN 46201

    Located at 933 N Ewing St on Indianapolis' near-eastside, this well-maintained four-plex offers a prime investment opportunity just minutes from downtown. Built in 1920, the property features four 1-bedroom, 1-bath units, with three currently leased for stable income and one recently updated unit ready for immediate occupancy. Units include updated flooring, appliances, and fresh paint, enhancing

    Reuben Upadhyay Better Homes and Gardens Real Estate Gold Key

    933 N Ewing St, Indianapolis, IN 46201
  • /9

    $55,000

    • Land
    • 0.12 Acre
    • $458,333 per Acre

    1510 Churchman Ave, Indianapolis, IN 46203

    Build-ready 40' x 130' (5,200 SF) residential lot at 1510 Churchman Ave. Previously had a home on site. Water and sewer may already be available; if not, utilities are nearby. Great opportunity for new construction or investment. the lot has been marked for reference. This lot is part of a package deal including adjacent parcels at 1514 Churchman Ave and 1506 Churchman Ave. Buyer to verify

    Marco Garcia Realty World Indy

    1510 Churchman Ave, Indianapolis, IN 46203
  • /32

    $440,000

    • 10 Beds
    • 6 Baths
    • 2,552 Sq Ft

    2411 W 62nd St, Indianapolis, IN 46268

    Welcome to 2411 W 62nd St, Indianapolis, a spacious and versatile property offering exceptional flexibility for both homeowners and investors. With three separate living spaces, this unique home presents an ideal opportunity for multi-generational living, house hacking, or strong rental income potential. Each living area provides its own distinct space for comfort and privacy, making it easy to

    Maria Lasher eXp Realty LLC

    2411 W 62nd St, Indianapolis, IN 46268
  • /57

    $179,900

    • 6 Beds
    • 4 Baths

    327 N Denny St, Indianapolis, IN 46201

    Nestled near the vibrant heart of Indianapolis, this duplex is minutes away from everything: entertainment, dining, and more. Come and see why this is perfect as an investment or a house hack. With some updates throughout, you already have a great start on this 2 level home featuring spacious rooms, additional storage, plenty of natural light, and some retained character. A covered porch houses

    Chris Price Keller Williams Indy Metro S

    327 N Denny St, Indianapolis, IN 46201
  • /9

    $149,950

    • 4 Beds
    • 2 Baths

    2912 Collier St, Indianapolis, IN 46241

    HIGH INCOME PRODUCING INVESTMENT OPPORTUNITY!!! Residents pay monthly rent of $900 & $875. two properties recently updated on the southwest side of Indianapolis with a high ROI & cashflow & waiting for a new owner or investor! Both properties must be sold together. Each home consists of 2 bedrooms & 1-bathroom, main living areas, & generous sized kitchens! Conveniently located, easily accessible

    Stuart Houghton Keller Williams Indy Metro S

    2912 Collier St, Indianapolis, IN 46241
  • /33

    $310,000

    • 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
  • /2

    $39,000

    • Land
    • 0.13 Acre
    • $300,000 per Acre

    2814 Draper St, Indianapolis, IN 46203

    Prime opportunity in the heart of Indianapolis! This residential lot offers an excellent opportunity for builders, investors, or buyers looking to construct a custom home in an established neighborhood. Conveniently located near downtown Indianapolis, Fountain Square, and major highways, this property provides easy access to dining, shopping, schools, and employment centers. The lot offers great

    Juan Cassella F.C. Tucker Company

    2814 Draper St, Indianapolis, IN 46203
  • /10

    $349,000

    • 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
  • /16

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,418 Sq Ft

    110 N Riley Ave, Indianapolis, IN 46201

    Investor opportunity in the heart of Irvington! This fully occupied property offers immediate cash flow with a tenant in place through April 2027, providing stable, long-term income. The home was extensively remodeled just three years ago with approximately $90,000 in improvements, including a new roof and HVAC, offering peace of mind and reduced maintenance expenses for years to come. Located in

    Shelly Thompson Resolute Realty

    110 N Riley Ave, Indianapolis, IN 46201
  • /17

    $128,000

    • 3 Beds
    • 1 Bath
    • 864 Sq Ft

    4761 Wellington Ave, Indianapolis, IN 46226

    Back on market - buyer never submitted earnest money. Prime investment opportunity in Lawrence! This 3-bedroom, 1-bath home offers endless potential for the next owner. Inside you'll find a traditional layout featuring a large main living area - great space for gathering and entertaining. The eat-in kitchen has plenty of cabinet storage space and the 2-car detached garage adds extra convenience

    Kristin Nunn Highgarden Real Estate

    4761 Wellington Ave, Indianapolis, IN 46226
  • /7

    $210,000

    • 4 Beds
    • 2 Baths

    2026 Clay St, Indianapolis, IN 46205

    Don't miss this remarkable duplex located in the highly sought-after SoBro neighborhood! The area is bustling with investment, making this a prime time to secure a property in this thriving community. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. The duplex is currently

    Andy Tresize Compass Indiana, LLC

    2026 Clay St, Indianapolis, IN 46205
  • /10

    $120,000

    • 3 Beds
    • 2 Baths
    • 1,376 Sq Ft

    6183 Windsor Dr, Indianapolis, IN 46219

    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

    6183 Windsor Dr, Indianapolis, IN 46219
  • /14

    $280,000

    • 4 Beds
    • 3 Baths
    • 2,782 Sq Ft

    1334 N Tuxedo St, Indianapolis, IN 46201

    RENT BY THE ROOM $3,400/MONTH IN RENTAL INCOME!! Beautifully restored home in the Brookside Park neighborhood currently operating as a rent-by-the-room investment. The property features 4 bedrooms, 3 full bathrooms, and an open-concept kitchen, dining, and living area. All four rooms are rented. Updates include a new kitchen with granite countertops, stainless steel appliances, and luxury vinyl

    Max Moore @properties

    1334 N Tuxedo St, Indianapolis, IN 46201
  • /7

    $499,900

    • Land
    • 0.41 Acre
    • $1,219,268 per Acre

    2902 N Capitol Ave, Indianapolis, IN 46208

    Shovel-ready multifamily opportunity on Indy's North Side. This 18,000 sq ft lot at 3902 N Capitol Ave is zoned D8 and fully approved for a 9-unit luxury condo project-a rare turnkey setup in a rapidly appreciating corridor. Plans include eight spacious 2-bed, 2-bath units plus a standout 3-bed, 3-bath penthouse. Ideal for developers seeking a high-margin infill project with design and zoning

    Charlene Gaard No Limit Real Estate, LLC

    2902 N Capitol Ave, Indianapolis, IN 46208
  • /11

    $344,900

    • 4 Beds
    • 4 Baths
    • 3,255 Sq Ft

    2424 Broadway St, Indianapolis, IN 46205

    Located on a wonderful, quiet street in Fall Creek Place, this property presents a compelling investment just minutes from downtown Indianapolis. The home has been fully gutted to the studs and is ready for redevelopment, with three stories of living space featuring high ceilings and a layout that easily supports a family-friendly configuration. Key capital improvements have already been

    Jessica Molife Estansion Group by BLP

    2424 Broadway St, Indianapolis, IN 46205
  • /6

    $150,000

    • 2 Beds
    • 2 Baths

    4143 N Catherwood Ave, Indianapolis, IN 46226

    Great Investment Property- turnkey duplex on Indy's near-eastside! Each unit features 1 bed/1 bath and is tenant-occupied for immediate cash flow with rents at $680 and $685/month. Functional layouts, steady income, and a convenient location close to downtown. Wether you're expanding your portfolio or searching for a reliable rental asset, this duplex is a solid, low-maintenance addition. Check

    Max Moore @properties

    4143 N Catherwood Ave, Indianapolis, IN 46226
  • /21

    $189,900

    • 5 Beds
    • 2 Baths
    • 1,400 Sq Ft

    2015 Ralston Ave, Indianapolis, IN 46218

    Lots of potential in this 5 bedroom, 2 bath, ranch home as an investment or fixer. The exterior has been mostly completed with the exception of some fence work and landscaping. The interior needs cosmetics in order to bring back to life. Located near new construction and appreciating values, this home could be a great addition to your investment portfolio. Roof appears newer as well as some

    Brian Pachciarz Estansion Group by BLP

    2015 Ralston Ave, Indianapolis, IN 46218
  • /16

    $139,900

    • 3 Beds
    • 1.5 Baths
    • 2,196 Sq Ft

    3710 N Layman Ave, Indianapolis, IN 46218

    Great investment opportunity with spacious living areas and excellent potential for updates or improvements. The basement offers additional potential to remodel and add value. Conveniently located near Fountain Square's popular restaurant and entertainment district. With just a few minor cosmetic updates, this property can be move-in ready, making it a great option for investors or

    Luis Coronel Realty of America LLC

    3710 N Layman Ave, Indianapolis, IN 46218
  • /4

    $115,000

    • 2 Beds
    • 2 Baths
    • 983 Sq Ft

    4291 Village Parkway Cir W Unit 11, Indianapolis, IN 46254

    Come see this 2 bedroom, 2 bath condominium with a open kitchen to the living room. Bedrooms are split for privacy. Large Entry Closet and you also have a laundry closet as you enter the unit. This unit has an assigned parking space. This unit is currently being rented, so could be for investment as well. Many amenities in the community. Pool, exercise room, hot tub, clubhouse and pickle ball

    Brian Diss Wall and Associates

    4291 Village Parkway Cir W Unit 11, Indianapolis, IN 46254
  • /28

    $158,500

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

    19 Parkview Ave, Indianapolis, IN 46201

    Seller is offering a contribution toward a 2-1 interest rate buydown (subject to lender approval). Contact your lender or agent for details. This beautifully renovated 3-bedroom, 1.5-bathroom townhome is move-in ready and just minutes from downtown Indianapolis. Nestled among other revitalized homes, this property boasts brand-new HVAC system, flooring, water heater, electrical, and plumbing. An

    Ashley Marino Berkshire Hathaway Home

    19 Parkview Ave, Indianapolis, IN 46201
  • /4

    $95,000

    • Land
    • 0.2 Acre
    • $475,000 per Acre

    2002 E Washington St, Indianapolis, IN 46201

    Don't miss this rare chance to develop on the active and growing East Washington Street corridor! This 0.2-acre (8,568 sq ft) lot is fully prepped for your next project, offering MU-1 zoning and flat, level topography - ideal for mixed-use development. Whether you're envisioning a retail storefront, live-work space, multi-unit residential, or office property, this lot gives you the freedom and

    Charlene Gaard No Limit Real Estate, LLC

    2002 E Washington St, Indianapolis, IN 46201
  • /59

    $575,000

    • 2 Beds
    • 2 Baths
    • 1,354 Sq Ft

    1633 N New Jersey St, Indianapolis, IN 46202

    Fully occupied Townhome with a Premium 1 Bedroom Carriage House in the Historic Herron-Morton neighborhood. This exceptional dual-residence property at 1633 & 1637 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 a spacious 2BR/2BA layout with an unfinished

    Mina Kadhum Trueblood Real Estate

    1633 N New Jersey St, Indianapolis, IN 46202
  • /11

    $350,000

    • 7 Beds
    • 4 Baths

    463 N Lasalle St, Indianapolis, IN 46201

    Seller has completed numerous updates within the past year to this well-maintained quadruplex. The property consists of four units: three units featuring 2 bedrooms and 1 bathroom, and one unit offering 1 bedroom and 1 bathroom, providing a turnkey investment opportunity. Ideal for investors or owner-occupants seeking reliable rental income in a convenient location. Property is zoned commercial.

    Johnny Kap Keller Williams Indy Metro S

    463 N Lasalle St, Indianapolis, IN 46201
  • /59

    $389,900

    • 4 Beds
    • 3 Baths
    • 2,543 Sq Ft

    1306 S East St, Indianapolis, IN 46225

    Step into a beautifully reimagined home in the heart of Bates-Hendricks, where timeless character meets modern design. This fully renovated 4 bedroom, 3 full bathroom property offers an open-concept layout, high-end finishes, and thoughtful details throughout, all just minutes from downtown Indianapolis. The main level is designed for both everyday living and entertaining, featuring a spacious

    Laura Medina F.C. Tucker Company

    1306 S East St, Indianapolis, IN 46225
  • /2

    $29,000

    • Land
    • 0.08 Acre
    • $362,500 per Acre

    918 Miley Ave, Indianapolis, IN 46222

    Great opportunity to build in a convenient Indianapolis location. This land offers a vacant lot on a quiet residential street with easy access to downtown, interstates, parks, and local amenities. A flexible space for a new home or future investment. Come bring your plans and make it your own.

    Nicole Crouch Crossroads Realty, LLC

    918 Miley Ave, Indianapolis, IN 46222
  • /9

    $55,000

    • Land
    • 0.12 Acre
    • $458,333 per Acre

    1514 Churchman Ave, Indianapolis, IN 46203

    Build-ready 40' x 130' (5,200 SF) residential lot at 1514 Churchman Ave. Previously had a home on site. Water and sewer may already be available; if not, utilities are nearby. Great opportunity for new construction or investment. the lot has been marked for reference. This lot is part of a package deal including adjacent parcels at 1510 Churchman Ave and 1506 Churchman Ave. Buyer to verify

    Marco Garcia Realty World Indy

    1514 Churchman Ave, Indianapolis, IN 46203
  • /2

    $59,000

    • Land
    • 0.3 Acre
    • $196,667 per Acre

    2857 Spruce St, Indianapolis, IN 46203

    Exceptional opportunity to own a large vacant lot in Indianapolis, IN, offering endless potential for development or investment. Whether you are a builder looking for your next project, an investor seeking long-term land appreciation, or a homeowner ready to design a custom residence, this property provides the space and flexibility to bring your vision to life. With generous lot dimensions, this

    Juan Cassella F.C. Tucker Company

    2857 Spruce St, Indianapolis, IN 46203
  • /11

    $182,000

    • 2 Beds
    • 1 Bath

    3101 E Bradbury Ave, Indianapolis, IN 46203

    Seize the day and take advantage of an excellent opportunity for an investor who wants a nice brick duplex that cash flows! Located just NW of Beech Grove, this rental property has 762 sf of space/unit with 2 BR's and 1 BA on each side. The first unit's address is 2401 S Perkins and is vacant, and newly rehabbed. It features new LVL flooring throughout, fresh paint, new smoke detectors, newly

    Joe Farley Tomorrow Realty, Inc.

    3101 E Bradbury Ave, Indianapolis, IN 46203
  • /35

    $450,000

    • 8 Beds
    • 4 Baths

    310 N Dequincy St, Indianapolis, IN 46201

    Turnkey 12-Unit Portfolio | Newly Renovated | Flexible Purchase Options Rare opportunity to acquire a newly stabilized 12-unit multifamily portfolio consisting of three side-by-side quadplexes at 302 N Dequincy St, 310 N Dequincy St, and 4826 E New York St, plus a separate parking parcel included with the New York St building. Buy 4, 8, or all 12 units - each quadplex is available individually at

    Alyssa Burton Inspired Realty

    310 N Dequincy St, Indianapolis, IN 46201
  • /2

    $825,000 New Construction

    • 3 Beds

    2737 Columbia Ave, Indianapolis, IN 46205

    Proposed New Construction 4-Plex | Monon Yard Introducing a brand-new 4-unit investment opportunity in the highly desirable Monon Yard neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1,320 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,750 per unit, this property generates strong returns

    Zachary Douglas Canull Group LLC

    2737 Columbia Ave, Indianapolis, IN 46205
  • /40

    $228,000

    • 3 Beds
    • 1 Bath
    • 1,407 Sq Ft

    7050 Rockville Rd, Indianapolis, IN 46214

    Great investment opportunity with potential for future commercial zoning! Prime location on US 36/Rockville Rd offering excellent visibility and access. This 3-bedroom, 1-bath home features 1,407 sq. ft. of living space on a large 18,339 sq. ft. lot. Perfect for investors, small business owners, or anyone looking to renovate or repurpose. New HVAC 2026 and New Water Heater 2023. Conveniently

    Preeti Kaur Hoosier, REALTORS®

    7050 Rockville Rd, Indianapolis, IN 46214
  • /5

    $200,000

    • 3 Beds
    • 2.5 Baths
    • 1,800 Sq Ft

    20 N Pershing Ave, Indianapolis, IN 46222

    This spacious 3-bedroom, 2.5-bath home offers 1,800 square feet and is currently rented for $1,450 per month. Recently fully rehabbed, it features updated finishes throughout and a modern, functional layout. Tenants enjoy the extra space and amenities, making it an attractive long-term rental. A turnkey investment with strong income and minimal upkeep.

    Olga Bliuc-Haggard New Quantum Realty Group

    20 N Pershing Ave, Indianapolis, IN 46222
  • /21

    $149,999

    • 2 Beds
    • 1 Bath
    • 1,077 Sq Ft

    737 N Sherman Dr, Indianapolis, IN 46201

    Great location close to schools, restaurants, and easy access to I-65! This beautifully updated 2-bedroom, 1 full bath ranch is move-in ready and just 15 minutes from Downtown Indianapolis. Built in 1925, this charming home has been fully renovated and features new vinyl plank flooring, fresh interior paint, updated lighting, windows, kitchen, and bathroom. The spacious open floor plan offers a

    Cynthia Sosa AMR Real Estate LLC

    737 N Sherman Dr, Indianapolis, IN 46201
  • /5

    $3,190,000

    • Land
    • 58 Acres
    • $55,000 per Acre

    500 North W, McCordsville, IN 46055

    Prime investment opportunity in Hamilton County totaling approximately 58 acres! Located just 3.5 miles north of Mt. Comfort Business Park on the outskirts of Hamilton County, this area is growing by leaps & bounds. Nearby McCord Square which is in Phase I and will consist of apartments, single family homes and mixed use buildings. McCordsville Elementary School just 1.2 miles W. and only 2.3

    Chris Schulhof RE/MAX Realty Services

    500 North W, McCordsville, IN 46055
  • /10

    $119,900

    • 2 Beds
    • 1 Bath
    • 600 Sq Ft

    2232 W 58th St, Indianapolis, IN 46228

    Excellent investment opportunity on Indy's Westside! Last rent was $1,260/month. Property needs very little work to be rent ready. Close to parks or Interstate access. Home is a corner lot, and has well water and city sewer with a detached garage. Specific Parcel #8029811 as adjacent lots are not owned by this seller but have the same mailing address. Additional 7 properties available from same

    Sam Barron Barron Property Services

    2232 W 58th St, Indianapolis, IN 46228
  • /31

    $232,000

    • 2 Beds
    • 1 Bath
    • 1,169 Sq Ft

    1455 N New Jersey St Unit 3, Indianapolis, IN 46202

    This condo is conveniently located in the highly desirable neighborhood of the Old Northside just north of downtown Indy. With 2 bedrooms and 1 full bath, you'll love the raised ceilings, hardwood floors, and gas fireplace. The outdoor deck provides the perfect location for morning coffee or entertaining guests. Unit has plenty of off-street parking. This could be a move in ready owner-occupied

    Mark Branch Highgarden Real Estate

    1455 N New Jersey St Unit 3, Indianapolis, IN 46202
  • /22

    $165,000

    • 3 Beds
    • 1 Bath
    • 1,206 Sq Ft

    2320 N Catherwood Ave, Indianapolis, IN 46219

    Nestled in the East Side of Indianapolis, this updated single-family home offers both investors and home owners with an opportunity. This property offers either path as it is currently being used as an investment property with a tenant in place making $890/month. Property has been recently renovated and has many replacements for utilities.

    Justin Lowe Ellsbury Group

    2320 N Catherwood Ave, Indianapolis, IN 46219
  • /35

    $550,000

    • 12 Beds
    • 4 Baths

    3539 N College Ave, Indianapolis, IN 46205

    INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This, plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring

    Kristin Glassburn @properties

    3539 N College Ave, Indianapolis, IN 46205

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