Investment - Homes for Sale in Indianapolis, IN

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  /31

  $249,900

  • 5 Beds
  • 4 Baths
  • 2,970 Sq Ft

  2735 Carrollton Ave, Indianapolis, IN 46205

  This is your chance to finish a partially renovated home with a substantial amount of the work already completed. Electrical and plumbing roughins are in place, and the property features new windows, new exterior siding, multiple tiled showers, and some updated floor coverings. The layout offers the potential for up to 5 bedrooms and 4-5 bathrooms, along with an 8' x 24' front porch, a 26' x 10'

  Lynda King RE/MAX Advanced Realty

  2735 Carrollton Ave, Indianapolis, IN 46205
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  /11

  $79,900

  • 3 Beds
  • 2 Baths
  • 1,414 Sq Ft

  632 W 29th St, Indianapolis, IN 46208

  Excellent investment opportunity near Downtown! Last rent was $1,095/month. Spacious home needs some work but near parks, museums, shopping, dining, and interstate access! Additional 7 properties available from same seller/agent, also vacant, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior

  Sam Barron Barron Property Services

  632 W 29th St, Indianapolis, IN 46208
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  /11

  $250,000

  • Land
  • 0.26 Acre
  • $961,538 per Acre

  1319 Prospect St, Indianapolis, IN 46203

  Discover an exceptional opportunity at 1319 Prospect St in the vibrant heart of Fountain Square! This expansive 63x180 lot offers limitless potential for your next development project, whether you envision a multi-family residence or a dynamic mixed-use property. Nestled amidst a lively atmosphere filled with trendy restaurants, eclectic shops, and bustling bars, this prime location is a canvas

  Leyton Wellbaum Highgarden Real Estate

  1319 Prospect St, Indianapolis, IN 46203
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  /35

  $250,000

  • 4 Beds
  • 3 Baths
  • 2,624 Sq Ft

  2926 Indianapolis Ave, Indianapolis, IN 46208

  Turnkey Midtown Gem with Finished Basement & House-Hack Potential! Don't miss this incredible opportunity in the rapidly appreciating Crown Hill corridor! This spacious home has been beautifully updated and is ready for immediate possession. Step inside to find durable Luxury Vinyl Plank (LVP) flooring flowing throughout the main living areas, highlighted by modern recessed LED lighting and a

  Patrick McNeill Ask Pat About Real Estate

  2926 Indianapolis Ave, Indianapolis, IN 46208
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  /2

  $30,000

  • Land
  • 0.09 Acre
  • $333,333 per Acre

  1324 N Tacoma Ave, Indianapolis, IN 46201

  Seller financing available! Check out this awesome opportunity! Located in desirable Springdale, this near east side vacant lot is ready for new construction! Great investment for developing, or bring your builder to make this home! Walkable to Kan-Kan Cinema, Amelia's Bakery, Spades Park, Circle City Industrial Complex, and just over a mile to Bottleworks/Mass Ave!

  Stacy Patlan Zuluscape

  1324 N Tacoma Ave, Indianapolis, IN 46201
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  /20

  $167,500

  • 3 Beds
  • 1 Bath
  • 910 Sq Ft

  55 N Devon Ave, Indianapolis, IN 46219

  Move-in ready with BIG Ticket Updates! Major systems and mechanicals 5 years old or newer-an exceptional value at this price point and a true no-brainer whether you're looking for a primary residence or a turnkey rental investment. This Mid-Century Ranch stands out with big-ticket updates already done: a newer roof (2018), brand-new windows with metal exterior wraps, new vinyl siding, new

  Nathaniel Wozniak Berkshire Hathaway Home

  55 N Devon Ave, Indianapolis, IN 46219
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  /30

  $158,500

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

  17 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

  17 Parkview Ave, Indianapolis, IN 46201
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  /8

  $183,900

  • 4 Beds
  • 2 Baths

  2921 E 18th St, Indianapolis, IN 46218

  All brick double in up and coming Brookside Park. New roof, new soffits, new gutters, new vinyl windows, new paint, flooring, etc. Take advantage of this solid investment!

  Christine Saleeb Trueblood Real Estate

  2921 E 18th St, Indianapolis, IN 46218
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  /20

  $230,000

  • 5 Beds
  • 2 Baths
  • 1,954 Sq Ft

  702 N Grant Ave, Indianapolis, IN 46201

  Attention Investors! This Turnkey, Income-Generating Rental Could Be Yours! Investor opportunity: acquire a fully renovated 5-bed rental in the prime Near Eastside neighborhood of Indianapolis---no renovations needed. This investment property is turnkey & tenant-ready. Currently contracted with an excellent property manager, so you can step in without delay.

  Zack McKeown American Dream Team Real Estate

  702 N Grant Ave, Indianapolis, IN 46201
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  /78

  $935,000

  • 7 Beds
  • 1 Bath

  2038 Ruckle St, Indianapolis, IN 46202

  This striking Modern Craftsman dual-residence property at 2036 & 2038 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 structure features two meticulously designed, modern townhomes, each boasting a versatile 3-level layout with 3 bedrooms and 3.5 bathrooms, including a fully

  Mina Kadhum Trueblood Real Estate

  2038 Ruckle St, Indianapolis, IN 46202
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  /28

  $199,900

  • 4 Beds
  • 2 Baths
  • 1,243 Sq Ft

  1038 W 33rd St, Indianapolis, IN 46208

  Discover the perfect blend of modern updates and classic charm in this fully remodeled 4-bedroom, 2-bathroom gem nestled in the desirable Crown Hill neighborhood. With 1,243 finished sq ft plus an expansive unfinished basement, this home offers the space, style, and layout today's buyers crave. Step into the cozy living room and enjoy the warmth of a stylish electric fireplace, perfect for

  Charlene Gaard No Limit Real Estate, LLC

  1038 W 33rd St, Indianapolis, IN 46208
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  /18

  $119,900

  • 3 Beds
  • 2 Baths
  • 834 Sq Ft

  1342 Lee St, Indianapolis, IN 46221

  This is a fantastic 3 bedroom 2 full bath home! This well-laid-out property features a detached garage, providing added storage and convenience, along with a yard that offers plenty of room for outdoor enjoyment, gardening, pets, or entertaining. Inside, you'll find a practical floor plan with three bedrooms and two full baths, making the home a great fit for a variety of living needs. Whether

  Darshan Soni Market Street Realty LLC

  1342 Lee St, Indianapolis, IN 46221
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  /51

  $925,000

  • 4 Beds
  • 3 Baths
  • 2,200 Sq Ft

  545 Fletcher Ave, Indianapolis, IN 46203

  Welcome to 545 & 547 Fletcher Avenue - a rare opportunity to own two fully finished homes in the heart of downtown Indy. This turnkey property includes a stunning 3-bed, 2.5-bath main home with thoughtfully designed built-in bunks, perfect for guests or added sleeping capacity, along with a brand-new 2-bed, 2.5-bath carriage house offering complete privacy and flexibility for short-term rental or

  Jim Perry Ever Real Estate, LLC

  545 Fletcher Ave, Indianapolis, IN 46203
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  /40

  $334,900

  • 6 Beds
  • 3 Baths

  1701 Fletcher Ave, Indianapolis, IN 46203

  Nestled in the thriving heart of Fountain Square, this fully renovated triplex at 1701 Fletcher Avenue is a rare investment opportunity you don't want to miss. Located just moments from the vibrant Fountain Square district, this property offers the perfect blend of justified urban rents and long-term growth potential. Each of the three units has been recently updated (2018-2019), making this a

  Bernard Goodman Compass Indiana, LLC

  1701 Fletcher Ave, Indianapolis, IN 46203
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  /24

  $127,200

  • 2 Beds
  • 1 Bath
  • 680 Sq Ft

  1506 Mary Dr, Indianapolis, IN 46241

  This cozy cottage is full of charm and offers a simple, easy-to-maintain lifestyle that's hard to beat. From the moment you step inside, the space feels comfortable and inviting, making it easy to picture yourself settling in and enjoying it right away. Whether you're looking for a starter home, a place to downsize, or an investment opportunity, this one is worth seeing in person. Built in 1945,

  Terry Young Red Bridge Real Estate

  1506 Mary Dr, Indianapolis, IN 46241
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  /19

  $199,900

  • 3 Beds
  • 1 Bath
  • 2,249 Sq Ft

  1607 E Stop 12 Rd, Indianapolis, IN 46227

  This solid Bedford stone ranch with a full basement offers plenty of potential for its next owner. Situated on .88 acres, the property features a private backyard with room to host weekend get-togethers, garden, or simply enjoy the outdoors. Inside, the home provides a fixer-upper opportunity for those ready to add their personal touch. Key updates include a furnace (2018) and water softener

  Johnny Kap Keller Williams Indy Metro S

  1607 E Stop 12 Rd, Indianapolis, IN 46227
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  /36

  $725,000

  • 8 Beds
  • 4 Baths

  59 W Fall Creek Parkway South Dr, Indianapolis, IN 46208

  Welcome to this outstanding four-unit investment opportunity. This all-brick four-plex offers durability, strong curb appeal, and thoughtful updates throughout. Each unit features 2 bedrooms and 1 full bath, with recently updated kitchens and bathrooms that deliver modern finishes tenants appreciate. The property provides immediate and consistent income. A well-maintained rear parking lot offers

  Jamie Suchotzky Red Hot, REALTORS LLC

  59 W Fall Creek Parkway South Dr, Indianapolis, IN 46208
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  /11

  $190,000

  • 4 Beds
  • 2 Baths

  2121 Winfield Ave, Indianapolis, IN 46222

  Discover a prime addition to your portfolio with this fantastic duplex opportunity located on the vibrant west side of Indianapolis, near the scenic Riverside Park! This property is currently generating income with tenants paying a total of $1,550/month, with the potential to increase to a market rent of $2,420/month. The addresses are 2121 and 2123 Winfield Ave. This duplex boasts several modern

  Andy Tresize Compass Indiana, LLC

  2121 Winfield Ave, Indianapolis, IN 46222
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  /39

  $199,900

  • 3 Beds
  • 3 Baths
  • 1,810 Sq Ft

  951 E Southern Ave, Indianapolis, IN 46203

  Investment Opportunity!! Located at 951 E Southern Ave., Indianapolis, IN, this single-family residence presents a great investment opportunity for handy homeowners and investors alike. This property offers a canvas for creating a personalized haven. The living room features a fireplace and crown molding, along with large windows that look out to Garfield Park just across the street. With 1810

  Nita Brooks Todd Howard

  951 E Southern Ave, Indianapolis, IN 46203
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  /13

  $175,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1444 E Elbert St, Indianapolis, IN 46227

  Discover the perfect blend of charm and convenience at 1444 E Elbert Street. This inviting 2-bedroom, 1-bath bungalow spans 1,582 sq ft and is nestled on a spacious lot with mature trees, offering the perfect backdrop for both relaxation and everyday living. Step inside to find a bright and comfortable living room that flows seamlessly into the kitchen, creating a welcoming space for family and

  Vince Ferguson Mark Dietel Realty, LLC

  1444 E Elbert St, Indianapolis, IN 46227
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  /31

  $155,000

  • 3 Beds
  • 1 Bath
  • 865 Sq Ft

  533 Temperance Ave, Indianapolis, IN 46203

  This 3-bedroom, 1-bath home offers nearly 900 feet of comfortable living . The home features beautiful hardwood floors a detached garage and plenty of extra storage space in the full basement. Situated on the east side of Indianapolis, it's close to school, parks, and major roads. Could be a lovely home for a homeowner or a dependable investment with consistent cashflow.

  Thomas Colvin eXp Realty, LLC

  533 Temperance Ave, Indianapolis, IN 46203
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  /11

  $40,000

  • Land
  • 0.08 Acre
  • $500,000 per Acre

  1506 Churchman Ave, Indianapolis, IN 46203

  Build-ready 28' x 130' (5,200 SF) residential lot at 1506 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

  1506 Churchman Ave, Indianapolis, IN 46203
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  /21

  $499,000 New Construction

  • 2 Beds
  • 2 Baths

  227 N Hamilton Ave, Indianapolis, IN 46201

  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

  227 N Hamilton Ave, Indianapolis, IN 46201
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  /13

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,262 Sq Ft

  1311 W 33rd St, Indianapolis, IN 46208

  This 3-bedroom, 1-bath home is move-in ready and waiting for its next chapter. The layout is practical and comfortable, with plenty of natural light flowing through the living spaces. The kitchen offers good storage and space to personalize over time. Three bedrooms provide flexibility for rest, work, or hobbies, while the full bath has a simple, functional design. Outside, a generous yard with

  Tasheana Hanza Hanza Realty, LLC

  1311 W 33rd St, Indianapolis, IN 46208
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  /24

  $209,900

  • 4 Beds
  • 3.5 Baths
  • 2,000 Sq Ft

  1126 Union St, Indianapolis, IN 46225

  1126 Union St presents an excellent investment opportunity in the rapidly revitalizing Old Southside neighborhood. Just moments from Lucas Oil Stadium and downtown Indy, this 4 bed, 3.5 bath home (2,000 sq ft + 414 sq ft unfinished daylight basement) offers strong potential as a fix & flip, long-term hold, BRRRR strategy, or high-performing STR (projected $70k+ annual revenue). The home was taken

  Peter Stewart Keller Williams Indpls Metro N

  1126 Union St, Indianapolis, IN 46225
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  /18

  $1,000,000

  • 6 Beds
  • 6 Baths

  5724 Julian Ave, Indianapolis, IN 46219

  Unbeatable investment opportunity to own a 6-unit building in the prime of the historic Irvington district. Perfectly positioned on a quiet residential street just 1.5 blocks from Irvington's vibrant center, this property is close to popular restaurants, cafes, and local shopping. Each of the six 1 bedroom/1 bathroom units have been thoughtfully renovated a few years back. As part of the

  Lisa Phillips Compass Indiana, LLC

  5724 Julian Ave, Indianapolis, IN 46219
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  /5

  $140,000

  • 2 Beds
  • 2 Baths

  4432 E 10th St, Indianapolis, IN 46201

  Excellent duplex investment opportunity! Each unit features 1 bedroom/1 bathroom. Both are currently occupied, offering immediate cash flow. The property includes washer and dryer hookups in the basement. Ideally situated in the desirable Little Flower neighborhood, with convenient access to shopping and local amenities. Don't miss out!

  Edwin Watson Triple E Realty, LLC

  4432 E 10th St, Indianapolis, IN 46201
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  /6

  $265,000

  • 5 Beds
  • 3 Baths

  1505 W 28th St, Indianapolis, IN 46208

  Great investment opportunity. This duplex has 3bd/2ba on one side and 2bd/1ba on the other. Laundry in basement on both sides. Close to Riverside Park and the new Heron High School.

  Sarah Skidmore @properties

  1505 W 28th St, Indianapolis, IN 46208
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  /14

  $290,000

  • 3 Beds
  • 2 Baths
  • 1,861 Sq Ft

  1348 Secretariat Ln, Indianapolis, IN 46217

  Looking for a beautiful home in a neighborhood with no HOA? Here it is! Welcome to this updated brick ranch home tucked away on a quiet street in Perry Township. Offering a spacious and inviting layout, this home features soaring vaulted ceilings, multiple skylights, and an abundance of natural light that creates an open, airy feel throughout the main living areas. The living room is anchored by

  Julie Morgan Fathom Realty

  1348 Secretariat Ln, Indianapolis, IN 46217
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  /14

  $94,900

  • 2 Beds
  • 1 Bath
  • 864 Sq Ft

  328 S Addison St, Indianapolis, IN 46222

  Charming opportunity for a first-time home buyer or investor! This cozy home features fresh interior paint and new flooring, giving it a clean, updated feel. The property offers a spacious yard perfect for kids, pets, or outdoor entertaining, with partial fencing already in place. Whether you're looking for a starter home or your next investment property, this one has plenty of potential.

  Angie Woods Pathway Properties Sales and Leasing, LLC

  328 S Addison St, Indianapolis, IN 46222
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  /4

  $130,000

  • 6 Beds
  • 2 Baths
  • 4,668 Sq Ft

  2140 Dr Andrew J Brown Ave, Indianapolis, IN 46202

  This 5 Bedroom home is in an up and coming neighborhood and is being Sold As-Is. Great Investment Opportunity!

  Jack Norton Norton Real Estate

  2140 Dr Andrew J Brown Ave, Indianapolis, IN 46202
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  /32

  $199,000

  • 4 Beds
  • 2 Baths
  • 2,068 Sq Ft

  2919 E New York St, Indianapolis, IN 46201

  Investor-friendly, turnkey rental opportunity on the near eastside of Indianapolis. Located at 2919 E New York St in the revitalizing Englewood neighborhood, this tenant-occupied single-family home offers immediate cash flow with a long-term lease in place. The current tenant pays $1,399 per month, lease runs through 12/9/26, and the tenant covers all utilities and lawn care-making this a

  Peter Stewart Keller Williams Indpls Metro N

  2919 E New York St, Indianapolis, IN 46201
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  /3

  $214,900

  • 2 Beds
  • 1 Bath

  627 Wallace Ave, Indianapolis, IN 46201

  Opportunity Time! Emerson Heights Duplex. Tall Ceilings on first floor, large trim boards, 2 Bedroom each side, 625 has 1Bath, 627 has 1.5 bath. Prime location, easy access to shopping, interstates, downtown. Investment property or primary residence, your choice. Off street parking. Home has Bee windows and vinyl siding. Will need some updating and repair. Bring your creative mind.

  Joseph Defusco DeFusco Realty and Property Se

  627 Wallace Ave, Indianapolis, IN 46201
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  /6

  $479,000

  • Land
  • 1.8 Acres
  • $266,111 per Acre

  5740 S Emerson Ave, Indianapolis, IN 46237

  Outstanding Development Opportunity - HIGHLY MOTIVATED SELLER / Moving to Florida. Position your next office project on one of South Indianapolis' most active commercial corridors - One of the few shovel-ready office development sites remaining on South Emerson Avenue. 5740 S Emerson Ave offers 1.80 acres zoned C-1 (Office) with 199 feet of frontage and full curb cut providing full-in/full-out

  Michael Huff Keller Williams Indy Metro S

  5740 S Emerson Ave, Indianapolis, IN 46237
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  /59

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,920 Sq Ft

  5234 Riverview Dr, Indianapolis, IN 46208

  Investment opportunity in Rocky River! Situated along the river, this property was previously configured as a duplex. Ideal for an investor or a renovators looking for a project, this home is being sold as-is and will require updates and repairs. With the right vision, this riverfront location could become a standout retreat in one of the areas most unique communities.

  Adam Turner Lickliter Realty Services LLC

  5234 Riverview Dr, Indianapolis, IN 46208
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  /2

  $249,900

  • Land
  • 2.44 Acres
  • $102,418 per Acre

  200 S Harbison Ave, Indianapolis, IN 46239

  Nestled in a serene and peaceful residential setting, this 2.44-acre parcel is a combined three-lot opportunity at 200 South Harbison Avenue, Indianapolis, IN, 46219. Surrounded by mature trees and just moments from key local landmarks, this expansive lot is a blank canvas for your dream home, multiple residences, or an investment project. Enjoy a quiet, suburban feel with convenient access to

  Henry Arias Indiana Real Estate Group, LLC

  200 S Harbison Ave, Indianapolis, IN 46239
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  /49

  $410,000

  • 4 Beds
  • 3.5 Baths
  • 2,408 Sq Ft

  422 Sanders St, Indianapolis, IN 46225

  This spectacular 4-bedroom home, completely rebuilt in 2018/2019, offers a rare combination of luxury, space, and a prime location in the heart of Indianapolis's vibrant Bates-Hendricks neighborhood. A unique offering with two full Primary Suites, each featuring a private full bath and a spacious walk-in closet-one conveniently located on the main level and the second upstairs-perfect for

  Thomas Weaver Trueblood Real Estate

  422 Sanders St, Indianapolis, IN 46225
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  /34

  $600,000

  • 6 Beds

  1629/1631 Carrollton Ave, Indianapolis, IN 46202

  A rare opportunity to own a fully furnished, income-generating duplex in the heart of Indianapolis' premier Kennedy-King neighborhood. This professionally managed property features two spacious units, each currently operating as highly profitable short-term rentals with outstanding occupancy rates. Each unit offers three bedrooms and two and a half bathrooms, fully appointed kitchens, and

  Allison Steck Compass Indiana, LLC

  1629/1631 Carrollton Ave, Indianapolis, IN 46202
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  /40

  $125,000

  • 2 Beds
  • 1 Bath
  • 1,285 Sq Ft

  3724 E Market St, Indianapolis, IN 46201

  Welcome to 3724 E Market St, a great opportunity for both homeowners and investors in the heart of Indianapolis. This charming home offers solid updates that provide peace of mind for years to come, including a new roof (2020), water heater (2020), partial sewer replacement (2021), and a new HVAC system (2023)-major improvements that reduce immediate maintenance costs and add long-term value.

  Daniel Hubbard eXp Realty LLC

  3724 E Market St, Indianapolis, IN 46201
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  /9

  $450,000

  • 4 Beds
  • 4 Baths

  717 S Randolph St, Indianapolis, IN 46203

  Great investment opportunity to own a renovated duplex on the east side of the desirable Fountain Square neighborhood. Located less than a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping. Completely renovated a few years back, each side of the duplex is a 2-story townhouse with 2 bedrooms and 2 full bathrooms and provides ideal separation

  Lisa Phillips Compass Indiana, LLC

  717 S Randolph St, Indianapolis, IN 46203

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