Investment - Homes for Sale in Indianapolis, IN

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  /17

  $275,000

  • Land
  • 0.26 Acre
  • $1,070,039 per Acre

  2021 Columbia Ave, Indianapolis, IN 46202

  Exceptional development potential for investor or someone looking to build your future home! Take advantage of this rare opportunity to transform three prime city lots into a sleek, modern development. - Endless Possibilities! A combined three-lots (parcel numbers: 1096598, 1008477, & 1033863). All parcels are being sold together, offering a total of 80 ft. frontage and 140 ft. depth - perfect

  Crystal Bennett United Real Estate Indpls

  2021 Columbia Ave, Indianapolis, IN 46202
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  /16

  $135,000

  • 2 Beds
  • 1 Bath
  • 836 Sq Ft

  921 N Harbison Ave, Indianapolis, IN 46219

  CALLING ALL INVESTORS! Great opportunity to own an investment property that already has a tenant in place! Tenant in place through end of March 2027. Make this property yours and immediately start collecting rental income!

  Christopher Stjernholm Trelora Realty

  921 N Harbison Ave, Indianapolis, IN 46219
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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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  /8

  $475,000

  • 3 Beds
  • 2 Baths

  43 N Randolph St, Indianapolis, IN 46201

  Positioned in the heart of the rapidly redeveloping Arsenal Heights neighborhood, this ready to built duplex offers a rare chance to secure a modern, turnkey asset in one of downtown Indy's highest-demand rental corridors. Arsenal Heights is benefiting from significant revitalization and spillover growth from nearby Fountain Square, Mass Ave, and downtown's core employers. This submarket

  Ed Neu Neu Real Estate Group

  43 N Randolph St, Indianapolis, IN 46201
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  /8

  $425,000

  • 3 Beds
  • 2 Baths

  1717 Ingram St, Indianapolis, IN 46218

  Modern New Construction Duplex in Martindale-Brightwood | Investment or House Hack Opportunity! Discover this brand-new duplex located in the rapidly revitalizing Martindale-Brightwood neighborhood - one of Indianapolis' most exciting up-and-coming areas for homeowners and investors alike! This thoughtfully designed new build offers two spacious units, each featuring 3 bedrooms and 2 full

  Ed Neu Neu Real Estate Group

  1717 Ingram St, Indianapolis, IN 46218
• 

  

  /10

  $425,000

  • 3 Beds
  • 2 Baths

  1706 Ingram St, Indianapolis, IN 46218

  Modern New Construction Duplex in Martindale-Brightwood | Investment or House Hack Opportunity! Discover this brand-new duplex located in the rapidly revitalizing Martindale-Brightwood neighborhood - one of Indianapolis' most exciting up-and-coming areas for homeowners and investors alike! This thoughtfully designed new build offers two spacious units, each featuring 3 bedrooms and 2 full

  Ed Neu Neu Real Estate Group

  1706 Ingram St, Indianapolis, IN 46218
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  /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
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  /11

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,645 Sq Ft

  531 N Alton Ave, Indianapolis, IN 46222

  This 3-bedroom, 1-bath home is currently rented for $1,200 per month and offers dependable cash flow in a central Indianapolis location. The layout is efficient and easy to maintain, appealing to a wide range of tenants. Conveniently located near downtown, parks, and transit options. A solid investment property with steady rental performance.

  Olga Bliuc-Haggard New Quantum Realty Group

  531 N Alton Ave, Indianapolis, IN 46222
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  /13

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,178 Sq Ft

  3755 N Hawthorne Ln, Indianapolis, IN 46218

  This 3-bedroom, 1-bath home offers 1,178 square feet of comfortable living space and brings in $1,125 per month in rental income. The layout is spacious and functional, appealing to long-term tenants. Situated on the east side of Indianapolis, it's close to schools, parks, and major roads. A dependable investment with consistent cash flow.

  Olga Bliuc-Haggard New Quantum Realty Group

  3755 N Hawthorne Ln, Indianapolis, IN 46218
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  /30

  $211,000

  • 3 Beds
  • 2.5 Baths
  • 1,440 Sq Ft

  4315 Village Bend Ct, Indianapolis, IN 46254

  This 3-bedroom, 205 bath home is located in a quiet cul-de-sac within a desirable Snacks-Guion Creek neighborhood. While it needs cosmetic updates and some repairs, major systems like AC, furnace, and water heater are brand new-giving you a head start on improvements. Perfect for a DYI enthusiast, an investment property, or an ambitious first-time home buyer ready to build equity. Location

  Michelle Montgomery CENTURY 21 Scheetz

  4315 Village Bend Ct, Indianapolis, IN 46254
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  /2

  $105,000

  • Land
  • 0.38 Acre
  • $276,316 per Acre

  4456 Caroline Ave, Indianapolis, IN 46205

  Welcome to a fantastic TRIPLE vacant lot opportunity in the vibrant and evolving neighborhood of SoBro! With significant investment and development activity happening all around, this is your chance to join in the growth by building up to 3 new construction single or multi-family homes. Whether you choose to purchase for yourself, rent or sell, this lot provides a perfect canvas for a profitable

  Andy Tresize Compass Indiana, LLC

  4456 Caroline Ave, Indianapolis, IN 46205
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  /2

  $140,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  4339 Spann Ave, Indianapolis, IN 46203

  Don't miss this delightful 2-bedroom, 1-bathroom single-family home situated in the sought-after Christian Park neighborhood. With a surge of investment flowing into the area, now is an ideal time to invest in this promising community. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an investor looking to add to their portfolio. The home is currently

  Andy Tresize Compass Indiana, LLC

  4339 Spann Ave, Indianapolis, IN 46203
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  /10

  $230,000

  • 4 Beds
  • 2 Baths

  4305 Crittenden Ave, 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

  4305 Crittenden Ave, Indianapolis, IN 46205
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  /6

  $205,000

  • 6 Beds
  • 2 Baths

  4303 Norwaldo Ave, 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

  4303 Norwaldo Ave, Indianapolis, IN 46205
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  /2

  $205,000

  • 4 Beds
  • 2 Baths

  301 E Southern Ave, Indianapolis, IN 46225

  Don't miss this exceptional duplex located in the highly desirable Garfield Park area! With significant investment and revitalization efforts underway, this is a prime opportunity to secure a property in a flourishing neighborhood. 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

  Andy Tresize Compass Indiana, LLC

  301 E Southern Ave, Indianapolis, IN 46225
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  /11

  $190,000

  • 4 Beds
  • 2 Baths

  2133 Winfield Ave, Indianapolis, IN 46222

  Rare opportunity! This duplex is part of an exclusive investment portfolio that includes 3 duplexes on the same block! 6 units total! Not available for individual purchase. 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 on

  Andy Tresize Compass Indiana, LLC

  2133 Winfield Ave, Indianapolis, IN 46222
• 

  

  /11

  $190,000

  • 4 Beds
  • 2 Baths

  2114 Winfield Ave, Indianapolis, IN 46222

  Rare opportunity! This duplex is part of an exclusive investment portfolio that includes 3 duplexes on the same block! 6 units total! Not available for individual purchase. 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 on

  Andy Tresize Compass Indiana, LLC

  2114 Winfield Ave, Indianapolis, IN 46222
• 

  

  /11

  $190,000

  • 4 Beds
  • 2 Baths

  2108 Winfield Ave, Indianapolis, IN 46222

  Rare opportunity! This duplex is part of an exclusive investment portfolio that includes 3 duplexes on the same block! 6 units total! Not available for individual purchase. 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 one tenant

  Andy Tresize Compass Indiana, LLC

  2108 Winfield Ave, Indianapolis, IN 46222
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  /2

  $30,000

  • Land
  • 0.13 Acre
  • $230,769 per Acre

  2030 Clay St, Indianapolis, IN 46205

  Welcome to a fantastic vacant lot opportunity in the vibrant and evolving neighborhood of SoBro! With significant investment and development activity happening all around, this is your chance to join in the growth by building a new construction single or multi-family home. Whether you choose to purchase for yourself, rent or sell, this lot provides a perfect canvas for a profitable venture.

  Andy Tresize Compass Indiana, LLC

  2030 Clay St, Indianapolis, IN 46205
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  /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
• 

  

  /16

  $110,000

  • 2 Beds
  • 1 Bath
  • 768 Sq Ft

  1521 E Legrande Ave, Indianapolis, IN 46203

  Don't miss this 2-bedroom, 1-bathroom single-family home located near the vibrant neighborhoods of Garfield Park, Bates-Hendricks, and Fountain Square. With a wave of investment and revitalization happening in the area, this property is primed for growth and opportunity. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an investor looking to add to

  Andy Tresize Compass Indiana, LLC

  1521 E Legrande Ave, Indianapolis, IN 46203
• 

  

  /8

  $187,000

  • 2 Beds
  • 2 Baths

  1328 N Chester Ave, Indianapolis, IN 46201

  Investor-ready opportunity in the heart of Indianapolis-this fully leased duplex at 1328-1330 North Chester Ave delivers instant cash flow with no HOA restrictions. Each unit features 1 spacious bedroom, 1 full bath, and comes equipped with a refrigerator and electric range. The property offers two detached car garage , a low-maintenance layout, and reliable tenants already in place. A newer roof

  Pavitar Khakh eXp Realty, LLC

  1328 N Chester Ave, Indianapolis, IN 46201
• 

  

  /27

  $399,000

  • 11 Beds
  • 4 Baths

  543 N Oakland Ave, Indianapolis, IN 46201

  Investor Alert! Fully Rented 11-Bedroom Duplex - Cash Flow from Day One! This unique co-living style duplex in the heart of Center Township offers a rare opportunity to own a high-income producing property with zero vacancies. Currently generating steady monthly income, the property features 11 private bedrooms (5 on one side, 6 on the other), each rented individually. Tenants enjoy shared access

  Maria Lasher eXp Realty LLC

  543 N Oakland Ave, Indianapolis, IN 46201
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  /6

  $100,000

  • 3 Beds
  • 1 Bath
  • 872 Sq Ft

  1206 W 25th St, Indianapolis, IN 46208

  Located in Marion County, this 3BR/1BA home offers a turnkey investment opportunity minutes from Indiana University-Purdue University Indianapolis and only 2 miles from downtown. Built in 1900, it features 872 sq ft of living space, a stylish kitchen backsplash, and a charming covered front porch. Situated on a 4,661 sq ft lot, perfect for outdoor enjoyment. The home is vacant and ready for the

  Preeti Kaur Hoosier, REALTORS®

  1206 W 25th St, Indianapolis, IN 46208
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  /15

  $175,000

  • 1 Bed
  • 1 Bath
  • 660 Sq Ft

  2349 N Lasalle St, Indianapolis, IN 46218

  CALLING ALL INVESTORS - Check out this rental income producing DUPLEX in Indianapolis! Tenant occupied and ready for you to start your investment journey. Both units are 1 bedrooms with 660 sqft each. Please provide 48 hour notice for showings. Contact listing agent with any questions

  Christopher Stjernholm Trelora Realty

  2349 N Lasalle St, Indianapolis, IN 46218
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  /2

  $250,000

  • 3 Beds
  • 2 Baths
  • 1,320 Sq Ft

  5902 S Gale St, Indianapolis, IN 46227

  This brick single-family ranch offers a unique opportunity to make a home or for investment property. With current tenants' lease expiring at the end of the year, as soon as closing day, you will be pulling in rent right away. With some updated floor plans and a large carport in front of the garage, this home is ready for you!

  Vantha Lian Mang Tha Real Estate, LLC

  5902 S Gale St, Indianapolis, IN 46227
• 

  

  /21

  $97,997

  • Land
  • 0.22 Acre
  • $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
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  /24

  $80,000

  • 3 Beds
  • 1.5 Baths
  • 1,160 Sq Ft

  302 Villa Ave, Indianapolis, IN 46201

  House has been taken down to the studs and is ready for drywall. Home has new roof, new electric panel, new tankless water heater, new vinyl windows and furnace. Second level loft area has been added and could be made into a bedroom. All the hard work has been done! Don't miss the opportunity to finish this out and make it your dream or turn it into an investment property. Square footage is

  Annette Anderson F.C. Tucker Company

  302 Villa Ave, Indianapolis, IN 46201
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  /24

  $154,900

  • 3 Beds
  • 1 Bath
  • 1,018 Sq Ft

  8921 E 21st St, Indianapolis, IN 46219

  Great investment or owner-occupant opportunity! This 3-bedroom, 1-bathroom home offers hardwood floors throughout, a spacious .43-acre lot, and a fenced yard for privacy and pets. The 2-car garage includes a partially completed bathroom for added convenience. The full unfinished basement provides endless potential for extra living space, storage, or customization to fit your needs. Perfect for

  Tyler Provence Carpenter, REALTORS®

  8921 E 21st St, Indianapolis, IN 46219
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  /10

  $249,900

  • 3 Beds
  • 3 Baths

  802 Weghorst St, Indianapolis, IN 46203

  Exceptional Triplex Investment Opportunity in Fountain Square! Unlock the potential of this rare multi-family gem located in the heart of highly sought-after Fountain Square-one of Indianapolis' fastest-growing and most vibrant neighborhoods. This income-producing triplex offers a solid foundation for both seasoned investors and those looking to start or expand their portfolio. Each of the three

  Josh Monteith Monteith-Legault Real Estate C

  802 Weghorst St, Indianapolis, IN 46203
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  /35

  $854,900

  • 8 Beds
  • 6 Baths
  • 5,472 Sq Ft

  1421 E Michigan St, Indianapolis, IN 46201

  Welcome to 1421 E Michigan St, a rare and refined opportunity to own a brand-new construction masterpiece just minutes from downtown Indy. This striking property features two expansive townhomes (or a full duplex), each offering over 2,600 square feet of sophisticated living space with 4 bedrooms and 2.5 baths per unit. Designed with both elegance and versatility in mind, this home is perfect for

  Angela Richardson F.C. Tucker Company

  1421 E Michigan St, Indianapolis, IN 46201
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  /19

  $549,500

  • 9 Beds
  • 3 Baths
  • 2,810 Sq Ft

  262 W Ray St, Indianapolis, IN 46225

  Incredible Investment Opportunity! Nestled just half a block from the iconic Colts Stadium and the bustling heart of downtown, this extraordinary property provides endless options and opportunity. Steps away from a world of entertainment, dining, and cultural experiences, this home offers unparalleled access to the vibrant downtown scene, making it a coveted spot for those who thrive on the

  Paul Zimmerman Encore Sotheby's International

  262 W Ray St, Indianapolis, IN 46225
• 

  

  /23

  $190,000

  • 3 Beds
  • 1 Bath
  • 864 Sq Ft

  2822 Tindall St, Indianapolis, IN 46203

  Completely Renovated & Full of Charm! This beautifully updated 3-bedroom home offers the perfect blend of modern upgrades and cozy comfort-all at an affordable price! From the moment you step inside, you'll notice the stylish new flooring, fresh drywall, updated plumbing and electrical, new lighting, HVAC, roof, and so much more-everything has been done for you! The open-concept layout features

  Lesa King Jeneene West Realty, LLC

  2822 Tindall St, Indianapolis, IN 46203
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  /6

  $20,000

  • Land
  • 0.13 Acre
  • $153,846 per Acre

  3152 N Lesley Ave, Indianapolis, IN 46218

  Fantastic opportunity to own a prime piece of land in the heart of Indianapolis! This spacious lot at 3152 Lesley Ave offers endless potential for new construction or investment. Located in an established residential area with convenient access to schools, parks, shopping, and dining, this property provides the ideal setting for a custom home or development project. Enjoy the benefits of city

  April Trusley Level Up Real Estate Group

  3152 N Lesley Ave, Indianapolis, IN 46218
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  /4

  $220,000

  • 3 Beds
  • 2 Baths
  • 1,052 Sq Ft

  3309 Wedgewood Dr, Indianapolis, IN 46227

  This 3-bedroom, 2-full-bath home is full of potential and ready for your finishing touches! All bedrooms feature dedicated closets, and the layout offers great bones for a smart renovation or investment project. The sellers have simply outgrown the space, creating an excellent opportunity for the next owner to make it their own.

  Johnny Kap Keller Williams Indy Metro S

  3309 Wedgewood Dr, Indianapolis, IN 46227
• 

  

  /7

  $750,000

  • 6 Beds

  517 Prospect St, Indianapolis, IN 46203

  Proposed New Construction Duplex in the Heart of Downtown Indianapolis! Discover a rare opportunity to own a brand-new, high-performing duplex just steps from everything downtown Indy has to offer. Built by Paradigm Construction-one of the Midwest's premier builders known for quality craftsmanship and forward-thinking design-this project offers the perfect blend of investment potential and modern

  Tyler Willis @properties

  517 Prospect St, Indianapolis, IN 46203
• 

  

  /30

  $184,999

  • 3 Beds
  • 1 Bath
  • 925 Sq Ft

  1217 S Ewing St, Indianapolis, IN 46203

  Rare 2-Lot Investment Opportunity Near Fountain Square This 3-bed, 1-bath home is being sold with an adjacent parcel that includes a detached 2-car garage, offering rare flexibility and long-term upside. Zoned residential, the second lot presents multiple possibilities: build another home, sell the parcel separately, or work with the city to replat lot lines, an easier and more cost-effective

  Madison Moeller Keller Williams Indpls Metro N

  1217 S Ewing St, Indianapolis, IN 46203
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  /49

  $649,999

  • 7 Beds
  • 7 Baths

  4155 Graceland Ave, Indianapolis, IN 46208

  This unique quadruplex in Butler Tarkington offers character, functionality, and investment opportunity all in one. The main house is full of timeless charm, featuring two stunning wood staircases, original built in shelving, and spacious living areas. With 4 large bedrooms and 4 full bathrooms, there's plenty of room to spread out. The updated kitchen shines with brand new cabinets and

  Alexandria Heygood Highgarden Real Estate

  4155 Graceland Ave, Indianapolis, IN 46208
• 

  

  /17

  $154,900

  • 2 Beds
  • 2 Baths

  1707 E Tabor St, Indianapolis, IN 46203

  Turnkey Duplex Investment - Tenant Occupied & Income Producing. This solid 1925-built duplex features two 1-bedroom, 1-bath units, both currently leased and producing rental income. Located near downtown Indianapolis with easy access to major roadways and public transit, this is a smart opportunity for any investor looking to grow their portfolio. Showings require 48-hour notice. Please do not

  Christopher Stjernholm Trelora Realty

  1707 E Tabor St, Indianapolis, IN 46203
• 

  

  /40

  $450,000

  • 6 Beds
  • 4 Baths

  1602 E Vermont St, Indianapolis, IN 46201

  Excellent investment opportunity! This well-maintained four-unit property features a solid brick exterior and long-term tenant history, with potential to support higher rental rates. Unit 1 is a spacious 2-bedroom, 1-bath unit with 1,225 sq ft, central air, and a private washer/dryer. Unit 2 offers 1 bedroom, 1 bath, and 884 sq ft. Unit 3 includes 2 bedrooms, 1 bath, and 827 sq ft. Unit 4 is an

  Michael Miller F.C. Tucker Company

  1602 E Vermont St, Indianapolis, IN 46201

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