Investment - Homes for Sale in Indianapolis, IN

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  /32

  $440,000

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

  2411 W 62nd St, Indianapolis, IN 46268

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

  Maria Lasher eXp Realty LLC

  2411 W 62nd St, Indianapolis, IN 46268
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  /33

  $299,900

  $35K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,904 Sq Ft

  712 Terrace Ave, Indianapolis, IN 46203

  Discover this fully remodeled home in the heart of Bates-Hendricks, blending modern updates with timeless character and historic charm.Step inside to an open-concept living space, perfect for entertaining-offering plenty of seating at the kitchen peninsula, as well as spacious living and family rooms. Hardwood floors, original fireplace mantle with antique tile, and detailed woodwork at the

  Zachary Gilliam Tyler Knows Real Estate LLC

  712 Terrace Ave, Indianapolis, IN 46203
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  /38

  $389,999

  New Construction Open Sat 12PM - 2PM $10K PRICE DROP

  • 3 Beds
  • 2 Baths

  3915 N Hawthorne Ln, Lawrence, IN 46226

  For more information please reach out to the listing agent directly if you are not currently represented by an agent. Looking for an income generating property? You can buy this 3 bed 2 full bath duplex with an FHA loan and rent out one side to cover your mortgage. You can purchase with cash or conventional financingand rent out both sides. New construction with low matennece material makes this

  Barbara Whiteside Keller Williams Indy Metro NE

  3915 N Hawthorne Ln, Lawrence, IN 46226
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  /4

  $50,000

  • Land
  • 3,049 Sq Ft
  • $714,286 per Acre

  804 N Beville Ave, Indianapolis, IN 46201

  Situated in the heart of the rapidly appreciating St. Clair Place neighborhood, 804 N Beville Ave presents a premier investment opportunity for a custom urban build or a strategic addition to your portfolio. This level, cleared infill lot is perfectly positioned on Indianapolis's vibrant Near Eastside, offering immediate proximity to the Bottleworks District, Mass Ave, and local staples like

  Mina Kadhum Trueblood Real Estate

  804 N Beville Ave, Indianapolis, IN 46201
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  /2

  $39,000

  • Land
  • 5,662 Sq Ft
  • $300,000 per Acre

  2814 Draper St, Indianapolis, IN 46203

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

  Juan Cassella F.C. Tucker Company

  2814 Draper St, Indianapolis, IN 46203
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  /10

  $389,000

  $14K PRICE INCREASE

  • 5 Beds
  • 3 Baths
  • 2,054 Sq Ft

  104 E 38th St, Indianapolis, IN 46205

  Endless potential meets prime location with this rare 5-bedroom ranch in the heart of Indianapolis. Previously utilized as a daycare, this property offers flexibility unlike anything else on the market-residential, commercial, or investment, the choice is yours. Step inside to find a spacious, single-level layout designed for versatility. Hard surface floors flow throughout the home, making it

  Eric Forney Keller Williams Indy Metro Partners

  104 E 38th St, Indianapolis, IN 46205
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  /16

  $195,000

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

  110 N Riley Ave, Indianapolis, IN 46201

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

  Shelly Thompson Resolute Realty

  110 N Riley Ave, Indianapolis, IN 46201
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  /20

  $825,000

  • 6 Beds

  1305 Ringgold Ave, Indianapolis, IN 46203

  Welcome to a rare investment and lifestyle opportunity to own a beautifully renovated duplex in the heart of the desirable Fountain Square neighborhood on a quiet and residential street just two blocks from FS's vibrant center and iconic fountain, you'll enjoy easy access to popular restaurants, cafes, and local shopping. This high producing mid-term property has a 4.9-star airbnb review and has

  Lisa Phillips Compass Indiana, LLC

  1305 Ringgold Ave, Indianapolis, IN 46203
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  /27

  $199,900

  $15K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,312 Sq Ft

  4110 E 10th St, Indianapolis, IN 46201

  Welcome to 4110 E 10th Street! This charming 3-bedroom, 2-bath home offers a spacious layout, comfortable living spaces, and the convenience of a rare 3-car garage. The HVAC system is less than three years old, providing peace of mind and energy efficiency for years to come. Conveniently located on Indianapolis’ Near Eastside, this property is just minutes from downtown and within walking

  Rebecca Philips Keller Williams Lafayette

  4110 E 10th St, Indianapolis, IN 46201
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  /8

  $89,900

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  930 N Kealing Ave, Indianapolis, IN 46201

  Looking for a reliable rental in a convenient location? This Indianapolis bungalow offers a solid investment with minimal hassle. Renovated in March 2024 and currently leased at $950/month through May 2026, it's a turn-key opportunity with income already in place. The home features 2 bedrooms, 1 bathroom, and an unfinished basement that provides useful storage or potential future value. Situated

  Eric Forney Keller Williams Indy Metro Partners

  930 N Kealing Ave, Indianapolis, IN 46201
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  /12

  $475,000

  • 3 Beds
  • 3 Baths

  3178 N Capitol Ave, Indianapolis, IN 46208

  5-unit investment property, 100% occupied and newly renovated. Appraisal value $490,000 June 2026. This turnkey opportunity currently generates $5,721 per month with long-term tenants in place. Unit turns have been completed on all units, and the property features all new siding. Basement offers additional income potential through future laundry and/or tenant storage.

  Alyssa Burton Inspired Realty

  3178 N Capitol Ave, Indianapolis, IN 46208
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  /26

  $254,900

  $15K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,976 Sq Ft

  1442 Laurel St, Indianapolis, IN 46203

  Located in the heart of Fountain Square, this versatile 4 bedroom, 2 bathroom property offers great potential for both investors and homeowners. Previously used as an investment property, the layout provides flexibility for rental income or an opportunity to convert it into a spacious single-family home. The property features a fully fenced yard, perfect for pets, entertaining, or creating a

  Ashley Mullin FS Houses LLC

  1442 Laurel St, Indianapolis, IN 46203
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  /25

  $193,000

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

  8408 Hague Rd, Indianapolis, IN 46256

  Unique opportunity for Owner Occupant or Investment Property. Recent updates include kitchen tops, faucet, paint, and deck. This well maintained condo offers low HOA dues and a great location. Three levels allow seclusion without leaving home. Fenced in patio area for gardening and grilling. Neutral colors allow extensive decorating options. Lots of storage and convenience with one car garage. On

  Marc Theising American Classic Realty

  8408 Hague Rd, Indianapolis, IN 46256
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  /6

  $124,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  3111 Elmira St, Indianapolis, IN 46208

  Welcome to 3111 Elmira! This 2 bedroom, 1 bathroom home is full of potential and opportunity! This property is ideal for buyers looking to add their personal touch with a little TLC or for investors seeking their next flip or rental. Featuring a functional layout and solid bones, this home offers the chance to build equity and bring your vision to life. Whether you're looking to renovate and

  Mike Scott Scott Estates

  3111 Elmira St, Indianapolis, IN 46208
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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
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  /7

  $499,900

  • Land
  • 17,859 Sq Ft
  • $1,219,268 per Acre

  2902 N Capitol Ave, Indianapolis, IN 46208

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

  Charlene Gaard No Limit Real Estate, LLC

  2902 N Capitol Ave, Indianapolis, IN 46208
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  /6

  $149,000

  • Land
  • 8,712 Sq Ft
  • $745,000 per Acre

  302 Jefferson Ave, Indianapolis, IN 46201

  2 city lots for one price! Excellent location at the corner of New York St. and Jefferson Ave., across from a city park. 302 & 306 Jefferson. Great views of the skyline from New York St. Only blocks to restaurants, mins. to downtown, and 1 block from the future development of the city-owned Women's Prison complex! Great investment opportunity, whether single family, multi family, or commercial

  Rich Costello Carpenter, REALTORS®

  302 Jefferson Ave, Indianapolis, IN 46201
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  $415,000

  • 3 Beds
  • 2.5 Baths
  • 2,211 Sq Ft

  1709 N Talbott St, Indianapolis, IN 46202

  Welcome to this beautifully updated three-level home located in the heart of the highly sought-after Herron-Morton neighborhood, home of the renowned Talbott Street Art Fair and just minutes from all that downtown Indianapolis has to offer. The main level offers an inviting and functional layout featuring a spacious living room, formal dining area, convenient dry bar, updated kitchen with quartz

  Marissa Bryant Highgarden Real Estate

  1709 N Talbott St, Indianapolis, IN 46202
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  /6

  $150,000

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths

  4143 N Catherwood Ave, Indianapolis, IN 46226

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

  Max Moore @properties

  4143 N Catherwood Ave, Indianapolis, IN 46226
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  /21

  $179,900

  $20K PRICE DROP

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

  2015 Ralston Ave, Indianapolis, IN 46218

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

  Brian Pachciarz Estansion Group by BLP

  2015 Ralston Ave, Indianapolis, IN 46218
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  /2

  $2,235,450

  • Land
  • 21.29 Acres
  • $105,000 per Acre

  7957 Camby Rd, Indianapolis, IN 46113

  A rare and exciting opportunity has just come to market in the rapidly growing Camby, Indiana submarket. This exceptional 21.29-acre parcel offers an outstanding combination of versatility, utility infrastructure, and location that makes it an ideal canvas for a wide range of development possibilities. Whether you are looking to pursue a large-scale commercial development, create a single-family

  Jason Alsup eXp Realty, LLC

  7957 Camby Rd, Indianapolis, IN 46113
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  /30

  $299,900

  $5K PRICE DROP

  • 4 Beds
  • 4 Baths
  • 2,660 Sq Ft

  7136 Marsh Rd, Indianapolis, IN 46278

  Experience elevated living in this spacious and stylish 3-story condo designed for comfort, convenience, and modern luxury. Offering 4 bedrooms plus a versatile bonus room perfect for a home office, guest suite, or flex space, this residence provides the space today's lifestyle demands. The open-concept kitchen, dining, and living areas flow beautifully together, creating an ideal setting for

  Angela Richardson F.C. Tucker Company

  7136 Marsh Rd, Indianapolis, IN 46278
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  /10

  $130,000

  $25K PRICE DROP

  • 3 Beds
  • 2 Baths

  1418 E Bradbury Ave, Indianapolis, IN 46203

  Welcome to your newest CASH FLOWING INVESTMENT PROPERTY. This up and down duplex is fully occupied, bringing in $1,495 !! The top unit is TWO BEDROOMS, with WALK IN CLOSETS, along with a HUGE KITCHEN. The bottom unit provides a single bedroom, with an ADDITIONAL ROOM for an office or storage. Each unit has LONG TERM TENANTS, that provide ease of mind to add to your portfolio! The GAS FURNACE AND

  Ali Rahimi Trueblood Real Estate

  1418 E Bradbury Ave, Indianapolis, IN 46203
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  /16

  $159,000

  $6K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 735 Sq Ft

  5115 E 20th Place, Indianapolis, IN 46218

  Tucked away at the end of a quiet cul-de-sac, this charming 2-bedroom, 1-bath home offers comfort, convenience, and plenty of room to grow. The beautifully remodeled kitchen features new stainless steel appliances, updated cabinetry, and modern finishes, while the renovated bathroom adds fresh style and functionality. An attached garage provides everyday convenience, and the full unfinished

  RJ LaChance Tyler Knows Real Estate LLC

  5115 E 20th Place, Indianapolis, IN 46218
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  /18

  $140,000

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  1747 E Legrande Ave, Indianapolis, IN 46203

  TENANT OCCUPIED. Make this home your next investment property! With two bedrooms, one bathroom, fully updated with new flooring, fresh paint, updated kitchen including stainless steal appliances, new cabinets and butcher block counter tops, this home makes for peace of mind investing. The detached garage and fenced in yard are great value-add components. Lease in place through March 2027. No

  Kenneth Hall eXp Realty, LLC

  1747 E Legrande Ave, Indianapolis, IN 46203
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  /4

  $95,000

  • Land
  • 8,712 Sq Ft
  • $475,000 per Acre

  2002 E Washington St, Indianapolis, IN 46201

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

  Charlene Gaard No Limit Real Estate, LLC

  2002 E Washington St, Indianapolis, IN 46201
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  /22

  $109,900

  $9K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,857 Sq Ft

  3523 E 10th St, Indianapolis, IN 46201

  Unique investment opportunity on Indy' near east side. This property includes a house and large storage building (estimated 2000+ sq. feet). Combined with the high-visibility location, this property could be suitable for both residential and commercial interests alike. House has newer roof and windows. Floorplan allows for multiple options on the remodel. Needs work but priced accordingly. Come

  Barry Hines Realty Wealth Advisors

  3523 E 10th St, Indianapolis, IN 46201
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  /59

  $499,900

  $75K PRICE DROP

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

  1633 N New Jersey St, Indianapolis, IN 46202

  Fully occupied Townhome with a Premium 1 Bedroom Carriage House in the Historic Herron-Morton neighborhood. This exceptional dual-residence property at 1633 & 1637 N New Jersey St offers a rare blend of turn-key living and high-performance investment potential in one of Indianapolis's most coveted historic districts. The main structure features a spacious 2BR/2BA layout with an unfinished

  Mina Kadhum Trueblood Real Estate

  1633 N New Jersey St, Indianapolis, IN 46202
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  /2

  $29,000

  • Land
  • 3,484 Sq Ft
  • $362,500 per Acre

  918 Miley Ave, Indianapolis, IN 46222

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

  Nicole Crouch Crossroads Realty, LLC

  918 Miley Ave, Indianapolis, IN 46222
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  /51

  $419,900

  $5K PRICE DROP

  • 5 Beds
  • 4 Baths

  3041 S Kercheval Dr, Indianapolis, IN 46239

  Income-producing opportunity with newer built units (NEW in 2023-2024) and separation ideal for house hacking or multiple-occupancy living. This expanded property offers multiple independent living areas across approx. 3,325 sqft, creating a flexible setup for owner-occupants or small-scale investors seeking to offset housing costs or generate rental income. The main residence (approx. 1,624

  Nathaniel Wozniak Berkshire Hathaway Home

  3041 S Kercheval Dr, Indianapolis, IN 46239
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  /2

  $59,000

  • Land
  • 13,068 Sq Ft
  • $196,667 per Acre

  2857 Spruce St, Indianapolis, IN 46203

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

  Juan Cassella F.C. Tucker Company

  2857 Spruce St, Indianapolis, IN 46203
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  /41

  $284,900

  $15K PRICE DROP

  • 7 Beds
  • 2 Baths

  151 Bakemeyer St, Indianapolis, IN 46225

  Turnkey investment opportunity with immediate cash flow and additional upside flexibility. Investor-friendly setup with one unit already stabilized and the second ready for immediate income placement or the perfect opportunity to house hack. Conveniently located with easy access to downtown Indianapolis, major highways and local amenities. Whether you're a seasoned investor or looking to get

  Matthew Ford Indiana Ford Realty LLC

  151 Bakemeyer St, Indianapolis, IN 46225
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  /2

  $825,000

  New Construction

  • 3 Beds

  2737 Columbia Ave, Indianapolis, IN 46205

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

  Zachary Douglas Canull Group LLC

  2737 Columbia Ave, Indianapolis, IN 46205
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  /5

  $190,000

  $10K PRICE DROP

  • 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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  /37

  $289,000

  • 3 Beds
  • 2 Baths
  • 1,045 Sq Ft

  1145 S West St, Indianapolis, IN 46225

  Fully renovated down to the studs in 2024, this move-in ready home combines modern updates, thoughtful design, and an unbeatable downtown location. Just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, downtown dining, nightlife, conventions, and major highways, this property offers exceptional convenience with strong year-round rental appeal. Currently operating as a successful Airbnb near

  Guadalupe Ortiz CENTURY 21 Scheetz

  1145 S West St, Indianapolis, IN 46225
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  /20

  $315,000

  • 4 Beds
  • 2 Baths

  2141 Bellefontaine St, Indianapolis, IN 46202

  Charming duplex in the Mapleton-Fall Creek area offering a great cash flow investment opportunity! Unit 2141 was recently remodeled and features newer appliances. Each unit includes 2 bedrooms, 1 bathroom and a basement. Conveniently located near shopping, dining, and within walking distance to the Monon Trail. Don't miss this excellent investment opportunity!

  Edwin Watson Triple E Realty, LLC

  2141 Bellefontaine St, Indianapolis, IN 46202
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  /21

  $134,999

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,077 Sq Ft

  737 N Sherman Dr, Indianapolis, IN 46201

  Back on Market after temporary withdrawal for seller's personal reasons. Property is in great condition and ready for showings. Seller used this time to bring fresh paint. Great location close to schools, restaurants, and easy access to I-65! This beautifully updated 2-bedroom, 1 full bath ranch is move-in ready and just 15 minutes from Downtown Indianapolis. Built in 1925, this charming home has

  Cynthia Sosa AMR Real Estate LLC

  737 N Sherman Dr, Indianapolis, IN 46201
• 

  

  /5

  $3,190,000

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

  500 North W, McCordsville, IN 46055

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

  Chris Schulhof RE/MAX Realty Services

  500 North W, McCordsville, IN 46055
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  /8

  $124,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,054 Sq Ft

  1125 N Oakland Ave, Indianapolis, IN 46201

  Fantastic investment opportunity in Brookside! Located just north of Brookside School 54 amongst several area renovations, this 2 bed shotgun style home is waiting for the right investor or contractor to bring it back to life. Home is currently in framing stage and has some exterior improvements already. The new homeowner would need to re-apply for permits to complete the work. Plenty of

  Brian Pachciarz Estansion Group by BLP

  1125 N Oakland Ave, Indianapolis, IN 46201
• 

  

  /40

  $179,900

  • 6 Beds
  • 2 Baths

  617 N Riley Ave, Indianapolis, IN 46201

  Fantastic investment opportunity in Emerson Heights! 1925-built duplex with vintage charm (Hardwood floors! Built-in-bookcases!) and offering two 3-bed, 1-bath units + sunroom on .14 acres, with 2 parking pads and a storage shed. Both sides have long-term renters in place, which are currently on month-to-month leases, renting well below market for $600 and $650. Seller has made some improvements

  Lauren Hewitt F.C. Tucker Company

  617 N Riley Ave, Indianapolis, IN 46201

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