Investment - Homes for Sale in Indianapolis, IN

• 

  

  

  /23

  $199,900

  • 2 Beds
  • 1 Bath
  • 837 Sq Ft

  1202 Laurel St, Indianapolis, IN 46203

  Charming cottage just blocks from the heart of Fountain Square! This inviting home features a spacious kitchen and comfortable living area, an updated bathroom, one bedroom, and a large bonus room currently used as a second bedroom in the active Airbnb setup. Additional highlights include main-level laundry, a covered front porch perfect for relaxing, a large storage shed, and ample off-street

  Zachary Gilliam Tyler Knows Real Estate LLC

  1202 Laurel St, Indianapolis, IN 46203
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  /5

  $75,000

  $40K 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
• 

  

  

  /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
• 

  

  

  /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
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  /6

  $130,000

  $10K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 899 Sq Ft

  2145 N Leland Ave, Indianapolis, IN 46218

  Great investment opportunity! This 2 bedroom, 1.5 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

  $122,500

  $3K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,041 Sq Ft

  3539 Brouse Ave, Indianapolis, IN 46218

  Situated within blocks of Keystone Avenue sits a cute 3 bedroom, 1 bath home with dining room, living room, kitchen, full basement, fully fenced yard with privacy fence in rear and chain link in front. This is a lot of house to get at this price! New HVAC & Hot Water Heater. Great home to add to your investment portfolio or to purchase for yourself! Current property is tenant occupied with lease

  Joy Hickman United Real Estate Indpls

  3539 Brouse Ave, Indianapolis, IN 46218
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  /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
• 

  

  /22

  $134,999

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  2022 E 34th St, Indianapolis, IN 46218

  Back on Market after temporary withdrawal for seller's personal reasons. Property is in great condition and ready for showings - do not miss this opportunity, also seller used this time to bring fresh paint. Property is currently tenant-occupied. However, if the buyer intends to occupy the home as a primary residence, the tenants are willing to vacate prior to closing, allowing for owner

  Cynthia Sosa AMR Real Estate LLC

  2022 E 34th St, Indianapolis, IN 46218
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  /28

  $185,000

  • 3 Beds
  • 1 Bath
  • 1,722 Sq Ft

  853 S Belleview Place, Indianapolis, IN 46221

  Welcome home to this beautifully updated 3-bedroom, 1-bath residence that blends comfort, functionality, and value. Recent updates throughout provide a fresh, move-in-ready feel, allowing you to settle in with ease. The electrical system has been updated with a new panel. Major improvements include a new roof (2024), HVAC system (2024), water heater (2024), and exterior A/C unit (2024). The

  Iscary Payano 1 Percent Lists Indiana Real Estate

  853 S Belleview Place, Indianapolis, IN 46221
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  /40

  $450,000

  $25K PRICE DROP

  • 6 Beds
  • 4 Baths

  3946 N College Ave, Indianapolis, IN 46205

  Investor Opportunity or Owner-Occupant Dream! Tastefully updated 3-bedroom, 2-bath duplex in a highly desirable location with strong rental demand. This well-maintained property offers a fantastic opportunity to live in one unit while generating income from the other - or add a turnkey investment to your portfolio. Each side features spacious living areas, updated finishes, and functional layouts

  Sarah Fishburn F.C. Tucker Company

  3946 N College Ave, Indianapolis, IN 46205
• 

  

  /33

  $230,000

  • 4 Beds
  • 2 Baths

  856 River Ave, Indianapolis, IN 46221

  Multi-unit opportunity near the expanding Elanco Animal Health campus and future OneHealth Innovation District. Property features a 3BR/1BA main home (vacant and available for owner-occupant or lease-up) plus a detached 1BR/1BA guesthouse currently rented month-to-month at $800/month. Ideal for house hacking or investment with strong rental demand and long-term upside.

  Steve Flanagan R. P. Lux Company

  856 River Ave, Indianapolis, IN 46221
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  /18

  $197,900

  $2K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,360 Sq Ft

  1832 N Harding St, Indianapolis, IN 46202

  Welcome to the vibrant and centrally located Marion Park neighborhood-an area gaining attention for its unbeatable access to some of Indianapolis' most desirable destinations. This property offers the perfect blend of neighborhood charm and urban convenience. Located just minutes from downtown, you'll enjoy easy access to the Fall Creek Trail, White River Trail, The Canal, Broad Ripple, AMP Food

  Alexis Ruggiero F.C. Tucker Company

  1832 N Harding St, Indianapolis, IN 46202
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  /4

  $289,000

  • 4 Beds
  • 2.5 Baths
  • 2,240 Sq Ft

  1134 Saint Paul St, Indianapolis, IN 46203

  Opportunity awaits at 1134 Saint Paul Street in one of Indianapolis' most sought-after urban neighborhoods-Fountain Square. This 4-bedroom, 2.5-bath home offers a rare chance for homeowners, investors, renovators, or those looking to build equity through updates and improvements in a location known for its character, convenience, and continued growth. Built in 1956, the property features a

  Jeffrey Allen eXp Realty, LLC

  1134 Saint Paul St, Indianapolis, IN 46203
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  /21

  $229,900

  $70K PRICE DROP

  • 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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  /19

  $475,000

  New Construction $24K PRICE DROP

  • 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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  /39

  $350,000

  • 3 Beds
  • 2.5 Baths
  • 2,175 Sq Ft

  1821 S East St, Indianapolis, IN 46225

  Nestled at 1821 S East St. in the sought after Bates-Hendricks neighborhood, this 3 bed, 2/1 bath offers a unique opportunity to own a freshly remodeled home. Taken down to the studs, with a second-floor addition and an open floor plan that is perfect for entertaining and provides all the comforts of modern living. Imagine cooking in a kitchen designed for both functionality and style, complete

  Lindsey Moulton Diversified Realty Centre

  1821 S East St, Indianapolis, IN 46225
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  /7

  $129,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 2,108 Sq Ft

  721 Ketcham St, Indianapolis, IN 46222

  Located at 721 Ketcham Street in Indianapolis, this property offers a solid opportunity for investors seeking immediate rental income. The home is currently tenant-occupied, providing cash flow from day one. The property features a functional layout with comfortable living space, making it well-suited for long-term rental demand. Its location places you just minutes from Fountain Square, known

  Mark Jones PMI Midwest

  721 Ketcham St, Indianapolis, IN 46222
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  /15

  $115,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1714 N Euclid Ave, Indianapolis, IN 46218

  Investors Welcome! This tenant occupied 2 bedroom, 1 bath home offers immediate rental income and strong investment potential. This home includes a private fenced in backyard, and a detached 1 car garage. Conveniently located just minutes from downtown and Broad Ripple, shopping, dining, and other amenities. Add this cash flowing property to your portfolio today!

  Edwin Watson Triple E Realty, LLC

  1714 N Euclid Ave, Indianapolis, IN 46218
• 

  

  /25

  $255,000

  • 4 Beds
  • 4 Baths
  • 2,468 Sq Ft

  838 Doctor M L K Jr St, Indianapolis, IN 46202

  Great investment opportunity in Historic Ransom Place, adjacent to the IU Indianapolis campus. This spacious four-bedroom home is being sold as is with immediate possession, a rare chance to add value in one of downtown's most historic neighborhoods. Hardwood flooring runs throughout the main and upper levels, and both the roof and water heater were replaced in 2025. The main level offers two

  Jie Zhou MYL Realty, LLC

  838 Doctor M L K Jr St, Indianapolis, IN 46202
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  /79

  $550,000

  • 6 Beds
  • 3.5 Baths
  • 3,900 Sq Ft

  3717 N Delaware St, Indianapolis, IN 46205

  Fully renovated in 2025 and offering nearly 3,900 finished square feet across four levels, this classic 1925 Four-Square combines historic character with modern updates and exceptional flexibility for both owner occupants and investors. Currently operating as a furnished short-term rental generating approximately $6,000+ monthly revenue while still gaining traction, the property offers potential

  Alyssa Burton Inspired Realty

  3717 N Delaware St, Indianapolis, IN 46205
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  /10

  $500,000

  $25K PRICE DROP

  • Land
  • 8.68 Acres
  • $57,604 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 Partners

  6630 S Meridian St, Indianapolis, IN 46217
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  /42

  $275,000

  • 1 Bed
  • 1 Bath
  • 1,056 Sq Ft

  1737 E 72nd St, Indianapolis, IN 46240

  Rare Opportunity - Two Authentic Cabins on One Property! Discover a truly unique property featuring two authentic cabins, each full of character and thoughtfully updated while preserving their historic charm. The smaller cabin, built in the 1860s, features a freshly painted floor, updated bathroom, new plumbing components, a brand-new electrical system, new deck overlooking the woods, and a

  Eli Skinner Simplify Real Estate

  1737 E 72nd St, Indianapolis, IN 46240
• 

  

  /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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  /52

  $549,900

  • 4 Beds
  • 4.5 Baths
  • 1,820 Sq Ft

  2036 Ruckle St, Indianapolis, IN 46202

  This striking Modern Craftsman dual-residence property at 2036 Ruckle St offers a premier "house-hack" or high-performance portfolio addition in one of Indianapolis's most rapidly appreciating urban core neighborhoods. The main home features a meticulously designed, modern townhome, boasting a versatile 3-level layout with 3 bedrooms and 3.5 bathrooms, including a fully finished basement with a

  Mina Kadhum Trueblood Real Estate

  2036 Ruckle St, Indianapolis, IN 46202
• 

  

  /22

  $399,999

  • 6 Beds
  • 2 Baths

  3960 N Illinois St, Indianapolis, IN 46208

  An excellent turn key opportunity in Butler-Tarkington, just steps from Tarkington Park and minutes from Butler University.This duplex features two large 3 bedroom, 1 bath units with refreshed interiors, updated lighting, and bright, open living spaces. The layout in each unit offers strong functionality and consistent rental demand in this prime location. Situated near Downtown Indianapolis and

  Alexandria Heygood Highgarden Real Estate

  3960 N Illinois St, Indianapolis, IN 46208
• 

  

  /20

  $950,000

  • 2 Beds
  • 2 Baths

  5724 Julian Ave, Indianapolis, IN 46219

  Unbeatable investment opportunity to own a 6-unit building in the prime of the historic Irvington district. Currently operating as high-performing mid-term furnished rentals this 4.8-star airbnb review and corporate housing (1 to 6 month stays) with high ROI, this property presents a turnkey investment opportunity with strong income potential.This property features Perfectly positioned on a quiet

  Lisa Phillips Compass Indiana, LLC

  5724 Julian Ave, Indianapolis, IN 46219
• 

  

  /31

  $209,900

  $5K PRICE DROP

  • 6 Beds
  • 4 Baths

  4212 E Washington St, Indianapolis, IN 46201

  This income producing duplex is ready for its next buyer! This property had a roof replacement in 2025, received updates prior to the tenants moving into 4212 in December of 2025, and 4214 is rent ready. The property is conveniently located near public transportation, shops, restaurants, and you can be in the heart of downtown Indianapolis after a short drive. The current property owner has

  Evan Wilbrandt Wilmoth Group

  4212 E Washington St, Indianapolis, IN 46201
• 

  

  /13

  $195,000

  $4K PRICE DROP

  • 4 Beds
  • 1.5 Baths
  • 1,632 Sq Ft

  1030 W 30th St, Indianapolis, IN 46208

  Enjoy peace of mind with a newer ROOF and HVAC system, both installed JUST 3 years ago-adding long-term value and reducing major maintenance concerns!! This versatile 4-bedroom, 1.5-bath home presents a unique opportunity for both investors and owner-occupants alike. Currently configured to generate income by renting each bedroom individually, the property offers immediate cash flow potential,

  Candice Childs Scott Estates

  1030 W 30th St, Indianapolis, IN 46208
• 

  

  /16

  $278,900

  $6K PRICE DROP

  • 4 Beds
  • 2 Baths

  102 S Elder Ave, Indianapolis, IN 46222

  Updated duplex investment opportunity at 102 to 104 S Elder Avenue in Indianapolis. Each unit features 2 bedrooms and 1 full bathroom with functional layouts and modern updates throughout. Both sides are currently occupied by Section 8 tenants, generating strong and reliable income of $1,220 and $1,374 per month. Convenient west side location with easy access to downtown, shopping, and major

  Cody Friesz Trueblood Real Estate

  102 S Elder Ave, Indianapolis, IN 46222
• 

  

  /15

  $175,000

  • 3 Beds
  • 1 Bath
  • 1,140 Sq Ft

  2957 Winthrop Ave, Indianapolis, IN 46205

  Rare Investment Opportunity in 46205! Back on the market after 40+ years of prideful ownership, this classic American-style home is a blank canvas ready for your vision. Located just minutes from downtown, this 3 bedroom, 1 bath property includes a dedicated office space, offering the perfect layout for a modern rental or a high-end renovation. The home features a solid structure with "great

  Cameron Mason Keller Williams Indpls Metro N

  2957 Winthrop Ave, Indianapolis, IN 46205
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  /25

  $334,500

  $35K PRICE DROP

  • 3 Beds
  • 1 Bath

  57 N Kealing Ave, Indianapolis, IN 46201

  Fully remodeled duplex offering flexibility and strong investment potential! This unique property is classified as two separate condos, allowing the option to sell units individually or hold as a full duplex for rental income. Each side features an identical floor plan with 3 bedrooms and 1 full bath, updated with modern finishes while maintaining classic character. Bright living and dining

  David Hoyt Epique Inc

  57 N Kealing Ave, Indianapolis, IN 46201
• 

  /2

  $85,000

  • Land
  • 5,227 Sq Ft
  • $708,333 per Acre

  206 Jefferson Ave, Indianapolis, IN 46201

  Build your vision on this vacant lot located just minutes from Downtown Indianapolis. Situated in a growing area with easy access to major highways, shopping, dining, and city amenities, this lot is ideal for new construction or investment. Seize the opportunity to build in a fast-growing neighborhood already experiencing significant revitalization with new construction and renovations. This

  Bunmi Famosinpe My Agent

  206 Jefferson Ave, Indianapolis, IN 46201
• 

  

  /15

  $59,999

  $30K PRICE DROP

  • Land
  • 6,534 Sq Ft
  • $399,993 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
• 

  

  /12

  $265,000

  • 6 Beds
  • 2 Baths

  2610 E North St, Indianapolis, IN 46201

  Exceptional turnkey addition to your investment portfolio! Located in the high-demand St. Clair Place neighborhood on Indianapolis's near Eastside, this side-by-side duplex at 2610-2612 E. North St. offers immediate cash flow with massive ROI upside. Both units are currently occupied and professionally managed by T&H Realty, featuring identical two-story layouts with 3 bedrooms, 1 bathroom, and

  Peter Stewart Keller Williams Indpls Metro N

  2610 E North St, Indianapolis, IN 46201
• 

  

  /28

  $224,900

  • 2 Beds
  • 1.5 Baths
  • 1,211 Sq Ft

  4608 Stansbury Ln, Indianapolis, IN 46254

  Enjoy low-maintenance living in a peaceful community nestled right next to Eagle Creek Park-where mature trees, natural beauty, and everyday convenience come together. Inside, the home welcomes you with soaring cathedral ceilings that fill the main living space with light and openness. Recent updates throughout include new flooring, modern light fixtures, updated hardware, and stunning quartz

  Gino Liongson LLM Capital

  4608 Stansbury Ln, Indianapolis, IN 46254
• 

  

  /20

  $289,500

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,470 Sq Ft

  139 Mckim Ave, Indianapolis, IN 46201

  Perfect investment opportunity with a tenant in place! Step inside this contemporary, energy-efficient home and experience true walkability-mere minutes from Fountain Square's dining, bakeries, and parks. The open-concept main floor is flooded with natural light and designed for effortless gatherings, featuring a sleek kitchen and seamless indoor-outdoor flow to a covered patio perfect for

  Alex Ruppert CENTURY 21 Scheetz

  139 Mckim Ave, Indianapolis, IN 46201
• 

  

  /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
• 

  

  /52

  $125,000

  $25K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,220 Sq Ft

  1230 N Pershing Ave, Indianapolis, IN 46222

  Welcome to 1230 N Pershing Ave-a delightful 1930s bungalow offering charm, space, and incredible versatility. Completely move-in ready, this Indianapolis gem is packed with features you'll love: Spacious Layout: 1,080 sq. ft. of comfortable, easy-flowing living space. 2 Bedrooms: Ample private space. Basement: Excellent storage or the perfect opportunity to create a future rec room or gym.

  Gloria Gear Keller Williams Indy Metro S

  1230 N Pershing Ave, Indianapolis, IN 46222
• 

  

  /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

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