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Investment - Homes for Sale in Indianapolis, IN

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  • /12

    $214,900

    • 1 Bed
    • 1 Bath

    1021 N Ewing St, Indianapolis, IN 46201

    Excellent investment opportunity near the heart of Indianapolis, Indiana. This updated quadplex offers immediate income potential with 3 units currently rented and 1 vacant unit ready for occupancy or lease-up. The vacant unit has been recently updated and is rent-ready, giving the next owner the opportunity to quickly increase cash flow or place a tenant at current market rents. Property

    Beau Matlock Matlock Realty Group

    1021 N Ewing St, Indianapolis, IN 46201
  • /11

    $480,000

    • 3 Beds

    842 N California St, Indianapolis, IN 46202

    Discover an outstanding investment opportunity in the heart of historic Ransom Place! This well-maintained duplex offers two spacious units, each featuring 3 bedrooms and 2.5 bathrooms, making it an attractive option for investors seeking strong rental potential or buyers looking to offset their mortgage by living in one unit while leasing the other. Each unit offers a functional floor plan with

    Michelle Chandler Keller Williams Indy Metro Partners

    842 N California St, Indianapolis, IN 46202
  • /9

    $80,000

    • 2 Beds
    • 1 Bath
    • 744 Sq Ft

    2177 Gent Ave, Indianapolis, IN 46202

    Affordable Indianapolis Investment Opportunity Near Downtown Welcome to 2177 Gent Ave, Indianapolis, IN 46202, a charming opportunity in one of Indianapolis' rapidly developing areas. This home offers affordable homeownership and investment potential just minutes from Downtown Indianapolis, IUPUI, major hospitals, restaurants, shopping, and entertainment. Featuring a functional layout, spacious

    Victoria Pina Keller Williams Indpls Metro N

    2177 Gent Ave, Indianapolis, IN 46202
  • /2

    $60,000

    • Land
    • 5,227 Sq Ft
    • $500,000 per Acre

    1932 W New York St, Indianapolis, IN 46222

    Prime opportunity in Indianapolis! This vacant lot in the growing Stringtown area is ideal for investors, builders, or anyone looking to create their next project. Conveniently located just minutes from downtown Indianapolis, major interstates, Dow Elanco's new global headquarters, and within walking distance of the Indianapolis Zoo, White River State Park, and nearby dining and entertainment.

    Rhonda Hoeft Keller Williams Indy Metro NE

    1932 W New York St, Indianapolis, IN 46222
  • /15

    $134,900

    $35K 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
  • /6

    $95,000

    $10K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 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
  • /28

    $299,900

    • 4 Beds
    • 2 Baths
    • 2,267 Sq Ft

    1023 Collier St, Indianapolis, IN 46241

    Completely remodeled down to the studs, this beautifully updated 4-bedroom, 2-full-bath home offers modern finishes, thoughtful updates, and plenty of space to make it your own. Everything is new, including the roof, siding, windows, drywall, flooring, paint, light fixtures, and private well system. The updated kitchen features granite countertops and an inviting layout that makes it easy to

    Samuel Hawkins F.C. Tucker Company

    1023 Collier St, Indianapolis, IN 46241
  • /8

    $85,000

    • Land
    • 18,730 Sq Ft
    • $197,674 per Acre

    1801 Churchman Ave, Indianapolis, IN 46203

    Don't miss this residential corner lot located on the southeast side, just minutes from Downtown Indianapolis and Fountain Square. With gas, water, electric, and sewer utilities nearby, this site offers a convenient head start for your next project. Whether you're ready to build your dream home or looking for your next investment opportunity, bring your favorite builder and make your vision a

    Michel Ramirez Barranco Realty of America LLC

    1801 Churchman Ave, Indianapolis, IN 46203
  • /7

    $40,000

    $10K PRICE DROP
    • Land
    • 4,356 Sq Ft
    • $400,000 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
  • /79

    $525,000

    $25K PRICE DROP
    • 2 Beds
    • 1 Bath

    1635 Central Ave, Indianapolis, IN 46202

    **Multiple offers received, highest and best was due 7/6. Pending home sale contingency** Located at the intersection of the highly desirable Herron Morton and Old Northside neighborhoods, AND in a designated Opportunity Zone, this property offers a prime opportunity for experienced landlords, or investors entering the multifamily market. The FULL complex consists of three all brick buildings,

    Emily Huskey Keller Williams Indy Metro Partners

    1635 Central Ave, Indianapolis, IN 46202
  • /29

    $239,000

    $19K PRICE INCREASE
    • 6 Beds
    • 2 Baths

    601 N Sherman Dr, Indianapolis, IN 46201

    Back on Market due to no fault of the Seller. -- Rehabbed, income-producing duplex offers a great opportunity in a rapidly developing area of Indianapolis. This move-in ready property features two spacious 3 bed, 1 bath units with open concept floor plans and basements on each side, including washer/dryer connections for added tenant convenience. One unit is currently rented at $1,200/month,

    Drew Tomasik @properties

    601 N Sherman Dr, Indianapolis, IN 46201
  • /28

    $195,000

    $10K PRICE INCREASE
    • 3 Beds
    • 3 Baths
    • 1,680 Sq Ft

    3407 Carrollton Ave, Indianapolis, IN 46205

    Discover an exceptional investment opportunity at 3407 Carrollton AVE, INDIANAPOLIS, IN. This 1920 single-family residence, offering 1680 square feet of living space, presents a compelling prospect for investors and handy homeowners alike. The living room, a central gathering space, is enhanced by a classic fireplace, providing a focal point for the room. This charming colonial-style property

    Trudy White Capital T Realty

    3407 Carrollton Ave, Indianapolis, IN 46205
  • /2

    $134,900

    $105K 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
  • /25

    $159,900

    $20K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 968 Sq Ft

    4018 Boulevard Place, Indianapolis, IN 46208

    Welcome to 4018 Boulevard Place, a freshly updated three-bedroom, one-bath home in the heart of the Butler-Tarkington area. This move-in ready property offers a bright living space with natural light, spacious bedrooms, and an updated bathroom, blending charm with modern comfort. Enjoy a private backyard perfect for relaxing or entertaining. Just minutes from the Children's Museum, Newfields,

    Ryan Boyd Trueblood Real Estate

    4018 Boulevard Place, Indianapolis, IN 46208
  • /3

    $39,900

    $9K PRICE DROP
    • Land
    • 7,840 Sq Ft
    • $221,667 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
  • /11

    $63,900

    $17K 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
  • /14

    $148,000

    • 2 Beds
    • 1.5 Baths
    • 1,076 Sq Ft

    8001 Xenia Dr, Indianapolis, IN 46227

    Welcome to this well-maintained 2-bedroom, 1.5-bath condo located in a desirable Indianapolis community! This home offers comfortable living with a functional floor plan and convenient access to shopping, dining, entertainment, and major roadways. Enjoy the benefits of low-maintenance condo living with community amenities including a pool, clubhouse, and fitness center. Whether you are a

    Sukhvinder Oberoi Daniels Real Estate

    8001 Xenia Dr, Indianapolis, IN 46227
  • /8

    $105,000

    • 2 Beds
    • 1 Bath
    • 1,387 Sq Ft

    2524 Paris Ave, Indianapolis, IN 46208

    This charming 2-bedroom, 1-bath home features a loft and an unfinished basement, offering plenty of potential for additional living space or storage. Whether you're a first-time homebuyer looking for an affordable place to call home or an investor seeking a strong rental opportunity, this property is worth a look. Bring your vision and take advantage of the possibilities this home has to offer.

    Bianca Willis Dix Realty Group

    2524 Paris Ave, Indianapolis, IN 46208
  • /23

    $189,900

    $6K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 960 Sq Ft

    4405 Prospect St, Indianapolis, IN 46203

    Investment Opportunity with Strong Cash Flow, this is it! Immediate income with this fully renovated 4-bedroom, 1-bath investment property. With lease in place through IHA at $2,310/month which aligns with key investor benchmarks. Move-in date of May 8, 2026. The home has been completely gutted down to the studs and thoughtfully remodeled from top to bottom, offering peace of mind and low

    Patricia McCormick Trueblood Real Estate

    4405 Prospect St, Indianapolis, IN 46203
  • /37

    $195,000

    • 3 Beds
    • 2 Baths
    • 1,064 Sq Ft

    2727 N Rural St, Indianapolis, IN 46218

    Welcome home to 2727 N Rural St, a move-in ready ranch-style home offering the perfect layout with 3 bedrooms, 2 full baths, and a rare attached 2-car garage. Step inside to discover a freshly refreshed interior featuring brand-new flooring and crisp, modern paint throughout, creating a bright and inviting space from day one. Outside, enjoy an exceptionally large, fully fenced-in backyard that's

    Mina Kadhum Trueblood Real Estate

    2727 N Rural St, Indianapolis, IN 46218
  • /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
  • /51

    $599,900

    $15K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,686 Sq Ft

    5420 N Delaware St, Indianapolis, IN 46220

    Step into the timeless elegance of 5420 N Delaware Street, a stunning 1926 residence in the heart of the historic Meridian-Kessler neighborhood. This home perfectly captures the architectural soul of its era, seamlessly blending original 1920s character with high-end, modern renovations. The journey begins in the sun-drenched living room, where the original hardwood floors in this room and

    Drew Keller Compass Indiana, LLC

    5420 N Delaware St, Indianapolis, IN 46220
  • /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
  • /4

    $129,900

    $5K PRICE DROP
    • 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

    $450,000

    New Construction $25K PRICE DROP
    • 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
  • /30

    $139,000

    $14K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 999 Sq Ft

    2532 N Boehning St, Indianapolis, IN 46219

    This ranch-style home offers a comfortable layout and the kind of everyday functionality buyers are looking for. From the moment you arrive, you'll appreciate the easy flow and the potential to make the space truly your own. Whether you're searching for your first home, a place to downsize, or an investment opportunity, this property is worth a closer look. Built in 1961, this single-level home

    Terry Young Red Bridge Real Estate

    2532 N Boehning St, Indianapolis, IN 46219
  • /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
  • /43

    $313,000

    $7K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,949 Sq Ft

    5741 Brouse Ave, Indianapolis, IN 46220

    Welcome home to this charming Broad Ripple bungalow where classic character meets today's updates! This move-in ready home offers 3 bedrooms, 2 full baths, and nearly $50,000 in recent improvements, including a beautifully finished basement completed in 2023. The lower level adds exceptional living space with a full bath, exercise/flex room, egress window, updated plumbing, electric panel, sump

    Beth Lyons Keller Williams Indpls Metro N

    5741 Brouse Ave, Indianapolis, IN 46220
  • /14

    $185,000

    • 3 Beds
    • 2.5 Baths
    • 2,016 Sq Ft

    1346 N Olney St, Indianapolis, IN 46201

    Unlock the potential of 1346 N Olney St., Indianapolis, IN 46201-a project already underway and ready for its next owner to bring the vision to life. Whether you're an experienced investor, builder, or homeowner looking to create equity, this property presents an outstanding opportunity in one of Indianapolis' growing urban neighborhoods. The current floor plan features 3 bedrooms and 2.5

    Charles Sheppard AMR Real Estate LLC

    1346 N Olney St, Indianapolis, IN 46201
  • /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
  • /66

    $479,900

    • 4 Beds
    • 3.5 Baths
    • 2,962 Sq Ft

    2020 Ruckle St, Indianapolis, IN 46202

    Rare House-Hack or High-Yield Investment in Kennedy-King! The main residence of this striking 4BR/4.5BA modern home (2,200+ sq ft) is currently leased at $2,849/mo, offering immediate income. Its interior features a fresh coat of paint, brand-new flooring & fixtures throughout, updated bathrooms with custom tiled showers and floors along with quartz-top vanities. The main floor boasts an

    Mina Kadhum Trueblood Real Estate

    2020 Ruckle St, Indianapolis, IN 46202
  • /39

    $165,000

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,068 Sq Ft

    1310 W 27th St, Indianapolis, IN 46208

    Move-in ready and full of character, this 3-bedroom bungalow offers comfortable living with plenty of outdoor space to enjoy. Built in 1920, the home features 1,068 square feet, a functional layout, and a full bath. The spacious backyard sits on a 6,882-square-foot lot and includes a patio that's great for relaxing or entertaining, while the covered front porch adds even more charm. Whether

    Gloria Gear Keller Williams Indy Metro Partners

    1310 W 27th St, Indianapolis, IN 46208
  • /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
  • /2

    $40,000

    • Land
    • 4,791 Sq Ft
    • $363,636 per Acre

    518 N Oakland Ave, Indianapolis, IN 46201

    Enjoy an unbeatable location with quick access to downtown Indy, vibrant restaurants, coffee, shops, sports venues, and cultural attractions. Build your dream home or your first investment property. This property provides the flexibility to make it completely your own.

    Sarah Skidmore @properties

    518 N Oakland Ave, Indianapolis, IN 46201
  • /8

    $170,000

    • 2 Beds
    • 2 Baths

    1221 Lee St, Indianapolis, IN 46221

    Rare Investment Opportunity - Duplex + Additional Buildable Lot! Attention investors and developers! This rare opportunity features a 2-bedroom, 2-bath duplex plus an additional large, fully fenced corner lot with the potential to build another duplex or investment property (buyer to verify zoning and approvals). Located in an area experiencing significant growth, this property is surrounded by

    Carolyn Gonzalez The Modglin Group

    1221 Lee St, Indianapolis, IN 46221
  • /21

    $215,000

    • 3 Beds
    • 1 Bath
    • 1,040 Sq Ft

    4213 N Audubon Rd, Indianapolis, IN 46226

    Welcome home to this beautifully updated 3-bedroom brick ranch with a full basement and 2-car garage, offering the perfect blend of style, function, and peace of mind. As you enter, gleaming hardwood floors welcome you into the living room and dining area, creating a seamless flow ideal for both everyday living and entertaining. The kitchen is designed to impress, featuring sleek stainless-steel

    Carolyn Sanders The Sanders Group Realty,LLC

    4213 N Audubon Rd, Indianapolis, IN 46226
  • /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

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