Investment - Homes for Sale in Indianapolis, IN

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  /10

  $280,000

  • 6 Beds
  • 4 Baths

  1456 W 32nd St, Indianapolis, IN 46208

  RENT BY THE ROOM $3,300/MONTH IN RENTAL INCOME!! Solid duplex located in a growing Indianapolis neighborhood and part of a 4-property rent-by-the-room portfolio. Each unit offers comfortable living space with separate entrances, providing privacy and strong rental appeal. Currently operated as a rent-by-the-room investment, with 4 of 6 rooms occupied producing $3,300/month. At full occupancy,

  Max Moore @properties

  1456 W 32nd St, Indianapolis, IN 46208
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  /3

  $299,000

  • Land
  • 2.62 Acres
  • $114,122 per Acre

  300 E Thompson Rd, Indianapolis, IN 46227

  Midland Realty Group presents a ~2.62 acre plot in bustling Indianapolis, primed for development with a D3 zoning! Investment highlights: - ~ 2.62 acres of prime land - Growing, busy area with lots of nearby development - Zoned D3 - perfect for apartments! - Revitalized locale with expanding tax base

  Jhirmal Singh Midland Realty Group, Inc.

  300 E Thompson Rd, Indianapolis, IN 46227
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  /4

  $22,000

  • Land
  • 0.16 Acre
  • $137,500 per Acre

  4123 N Irwin Ave, Indianapolis, IN 46226

  Build your next home or investment in Lawrence Township! 50 x 140 residential lot available in an established area with convenient access to schools, shopping, and major roads. Great opportunity for builders or anyone looking to create something new.

  Kelly Harris F.C. Tucker Company

  4123 N Irwin Ave, Indianapolis, IN 46226
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  /27

  $199,000

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

  1421 E New York St, Indianapolis, IN 46201

  Diamond in the rough and possible short sale. A small investment can yield significant potential. This spacious, over 2000 sq ft, 2-bedroom, 2.5 bathroom, 1 car garage, half-duplex, just east of downtown in the thriving Holy Cross neighborhood, has been appraised for over $260k recently. The owner's suite features a beautifully remodeled en-suite bathroom and a private balcony for soaking up the

  Nicole Lloyd Homes Unlimited

  1421 E New York St, Indianapolis, IN 46201
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  /14

  $200,000

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  1529 Kennington St, Indianapolis, IN 46225

  Welcome to a beautifully renovated 2br/1ba single family home in the Bates Hendricks neighborhood. Located on a quiet residential street, it is only a mile from the center of Fountain Square's vibrant area with popular restaurants, cafes, and local shopping as well as only 1.5 mile from downtown Indianapolis. Completely renovated a few years back, this home was rebuilt with quality, comfort, and

  Lisa Phillips Compass Indiana, LLC

  1529 Kennington St, Indianapolis, IN 46225
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  /12

  $140,000

  • 5 Beds
  • 2.5 Baths
  • 1,904 Sq Ft

  2442 Morning Star Dr, Indianapolis, IN 46229

  Fantastic opportunity for a savvy investor or buyer with a vision. This split-level home offers a spacious 5-bedroom, 2.5-bath layout with a 1-car garage and tremendous upside. This property requires a full renovation but holds the potential for significant after-repair value (ARV) and a strong return on investment. The layout is perfect for multi-generational living or a high-demand rental. This

  Robert Salmons Entera Realty

  2442 Morning Star Dr, Indianapolis, IN 46229
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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
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  /40

  $199,900

  • 5 Beds
  • 2 Baths
  • 2,072 Sq Ft

  6233 E 11th St, Indianapolis, IN 46219

  Welcome to this spacious 5-bedroom, 2-full bath brick home, perfectly located just minutes from grocery stores, shopping, local restaurants, schools and Pleasant Run Golf Course! This home offers the ideal blend of comfort, convenience, and room to grow! Inside, you'll find a generous kitchen that opens to a large living room, five well-sized bedrooms, walk-in closets, and a large laundry room on

  Cory Parker RE/MAX Real Estate Solutions

  6233 E 11th St, Indianapolis, IN 46219
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  /17

  $123,000

  • 2 Beds
  • 1 Bath
  • 900 Sq Ft

  3222 W Minnesota St, Indianapolis, IN 46241

  Investment opportunity, Single-family bungalow built in 1942, currently tenant-occupied. This property presents an opportunity for portfolio expansion or long-term investment. Property Features: 2 Bedrooms, Corner Lot, Fenced Yard, Vinyl Siding, Central Air , Crawl Space, Updated floor and lighting. Currently Rented (Tenant Rights Apply)

  Anthony Lee Victory Realty Team

  3222 W Minnesota St, Indianapolis, IN 46241
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  /24

  $269,999

  • 5 Beds
  • 3 Baths

  340 S Lasalle St, Indianapolis, IN 46201

  Calling All Investors!! Gross Rent $3146 Welcome to 340 S LaSalle St, with ADU unit in rear! A newly renovated and cash-flowing investment opportunity offering 2 fully updated units with strong Section 8 income already in place. The main residence features 4 spacious bedrooms and 2 full bathrooms, including a primary suite with a private on suite bath. This home has been completely renovated from

  Jocelyn Young BLK Key Realty

  340 S Lasalle St, Indianapolis, IN 46201
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  /5

  $84,500

  • 1 Bed
  • 1 Bath

  1344 N Gale St, Indianapolis, IN 46201

  Great investment opportunity! Close to Brookside Park, The Oaks Academy, downtown Indy, shops & restaurants. Come check it out today!!

  Alexander Elston United Real Estate Indpls

  1344 N Gale St, Indianapolis, IN 46201
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  /2

  $22,000

  • Land
  • 0.12 Acre
  • $183,333 per Acre

  2821 Collier St, Indianapolis, IN 46241

  Attention investors and builders! Vacant residential lot available at 2821 Collier St in the heart of Indianapolis. This property offers a great opportunity for new construction in an established neighborhood with easy access to downtown, major highways, and local amenities. Ideal for a rental property, spec home, or long-term investment. Don't miss the chance to build and add value in a growing

  Carolyn Gonzalez AMR Real Estate LLC

  2821 Collier St, Indianapolis, IN 46241
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  /8

  $74,900

  • 3 Beds
  • 1 Bath
  • 980 Sq Ft

  1467 Blaine Ave, Indianapolis, IN 46221

  Excellent investment opportunity on Indy's Westside! Property is nearly ready to rent but needs some work. Close to interstate and Downtown access! Citizen's Energy is requiring the water meter be moved from crawlspace (access in bedroom closet) to outside before services will be restored. Additional 7 properties available from same seller/agent, also vacant, varying condition. Property is sold

  Sam Barron Barron Property Services

  1467 Blaine Ave, Indianapolis, IN 46221
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  /57

  $700,000

  • 8 Beds
  • 4 Baths

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

  Welcome to this exceptional four-unit investment opportunity. This all-brick four-plex features recent updates to kitchens and bathrooms, offering modern finishes that attract and retain tenants. The property is fully occupied, with each unit offering 2 bedrooms and 1 full bath, reflecting strong and consistent rental demand. Ideally located near schools, public transportation, shopping, and

  Jamie Suchotzky Red Hot, REALTORS LLC

  55 W Fall Creek Parkway South Dr, Indianapolis, IN 46208
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  /30

  $214,900

  • 3 Beds
  • 2.5 Baths
  • 1,721 Sq Ft

  7232 Wyatt Ln, Indianapolis, IN 46217

  Nestled in the vibrant city of Indianapolis, Indiana, discover the inviting condominium residence awaiting at 7232 Wyatt LN. Built in 2005, this home offers a comfortable living experience either as a family home or investment property. Within this two-story condominium, you will find three bedrooms offering private spaces for rest. The home includes two full bathrooms and a half bathroom. With

  Jordan Stamper Platinum Real Estate Group LLC

  7232 Wyatt Ln, Indianapolis, IN 46217
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  /22

  $299,999

  • 8 Beds
  • 2 Baths

  2629 E Michigan St, Indianapolis, IN 46201

  Discover the inviting home awaiting you at 2629 E Michigan St, Indianapolis, IN. This newly renovated duplex features two spacious 4-bedroom units, making it an excellent opportunity for both investors and owner-occupants looking to rent out the other side for added income. Step into a welcoming kitchen featuring shaker-style cabinets, a stylish backsplash, and a functional layout that makes meal

  Ely Berger The Modglin Group

  2629 E Michigan St, Indianapolis, IN 46201
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  /17

  $850,000

  • 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. Perfectly positioned on a quiet and residential street just two blocks from Fountain Square's vibrant center and iconic fountain, you'll enjoy easy access to popular restaurants, cafes, and local shopping. Completely transformed through an

  Lisa Phillips Compass Indiana, LLC

  1305 Ringgold Ave, Indianapolis, IN 46203
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  /3

  $15,000

  • Land
  • 0.24 Acre
  • $62,500 per Acre

  3347 Nicholas Ave, Indianapolis, IN 46218

  Investment opportunity of a lifetime! Don't miss out on this investment deal. Over 10,000 sq ft, this lot is located in an up-and-coming part of the city, minutes from downtown Indy, the Children's Museum, and plenty of restaurants.

  China Murphy F.C. Tucker Company

  3347 Nicholas Ave, Indianapolis, IN 46218
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  /16

  $110,000

  • 2 Beds
  • 1 Bath
  • 814 Sq Ft

  639 Warren Ave, Indianapolis, IN 46221

  Investor Special - Prime Location!! Unlock the potential of 639 Warren Ave, an incredible investment opportunity in a thriving Indianapolis neighborhood! This property offers the rare chance to create something truly special in a prime location, with endless possibilities for renovation, restoration, or redevelopment. Imagine transforming this blank canvas into a stunning home or profitable

  Megan Lewis Daniels Real Estate

  639 Warren Ave, Indianapolis, IN 46221
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  /79

  $387,500

  • 4 Beds
  • 4 Baths

  1102 N Hamilton Ave, Indianapolis, IN 46201

  Turnkey investment opportunity in the heart of Windsor Park. This well-maintained duplex at 1102 & 1104 N Hamilton Ave offers two spacious units, each featuring 2 bedrooms, 1.5 bathrooms, and over 1,100 square feet of living space-making it an ideal addition to an investment portfolio or a great house-hack opportunity. Both units feature tall ceilings, hardwood floors, updated kitchens, and

  Andy Hehman eXp Realty LLC

  1102 N Hamilton Ave, Indianapolis, IN 46201
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  /24

  $135,000

  • 2 Beds
  • 1.5 Baths
  • 1,300 Sq Ft

  6068 Wingedfoot Ct, Indianapolis, IN 46254

  BACK ON THE MARKET, FINANCING FELL THROUG! Please get pre-approved with mortgage brokers, not from bank! This is a gem! This nice, bright, well-maintained 1300 sq ft condo is looking for a new owner. The exterior full brick front offers a timeless appeal. The main level features a large family room, dining room, laundry room and kitchen that opens up to a small patio/backyard garden where you can

  Le Uyen Matthews Keller Williams Indy Metro S

  6068 Wingedfoot Ct, Indianapolis, IN 46254
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  /38

  $197,500

  • 4 Beds
  • 2 Baths
  • 1,681 Sq Ft

  415 W 39th St, Indianapolis, IN 46208

  Investor special near downtown Indy! This charming 4-bedroom, 2-bath home is perfectly positioned for strong rental income potential. Located just minutes from Butler University, IUPUI, and some of Indiana's top medical centers including IU Health Methodist, Eskenazi Health, and Riley Hospital for Children, this property is ideal for student housing, group rentals, or traveling healthcare

  Charlene Gaard No Limit Real Estate, LLC

  415 W 39th St, Indianapolis, IN 46208
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  /33

  $500,000 Open Sun 1:30PM - 3:30PM

  • 3 Beds
  • 3 Baths

  2018 Prospect St, Indianapolis, IN 46203

  2018 Prospect St, this attractive property presents a unique opportunity to own a piece of architectural history. Built in 1910, this triplex has been lovingly maintained and has had a complete renovation and update, including all new electrical, plumbing and mechanicals. Units 1 and 2 are mirror images of each other. The living rooms are a bright and airy space, enhanced by the soaring vaulted

  Gloria Gear Keller Williams Indy Metro S

  2018 Prospect St, Indianapolis, IN 46203
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  /110

  $750,000

  • 3 Beds
  • 3 Baths

  2407 N Capitol Ave, Indianapolis, IN 46208

  Step into a rare investment opportunity where style, flexibility, and income potential converge. This beautifully updated quadplex offers four fully furnished units, thoughtfully designed to maximize both comfort and revenue. Ideally located just moments from downtown nightlife, dining, and entertainment, the property benefits from consistently high occupancy driven by its prime location and

  Jim Gilday eXp Realty, LLC

  2407 N Capitol Ave, Indianapolis, IN 46208
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  /8

  $249,990 New Construction

  • 4 Beds
  • 2.5 Baths
  • 1,545 Sq Ft

  11014 Walter Dr, Indianapolis, IN 46235

  The Ford Floor Plan from Davis Homes is a smart choice for buyers seeking great value without sacrificing style or functionality. This thoughtfully designed home is designed to maximize living space, with 4 bedrooms and 2.5 bathrooms, making it flexible enough to fit your lifestyle, whether you need a home office, a guest room, or future space when needed. Inside, you'll find an efficient layout

  David Landau Highgarden Real Estate

  11014 Walter Dr, Indianapolis, IN 46235
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  /28

  $199,900

  • 3 Beds
  • 1.5 Baths
  • 1,908 Sq Ft

  537 E 33rd St, Indianapolis, IN 46205

  Welcome to 537 E. 33rd Street, a classic Indianapolis home positioned in one of the city's fastest-growing corridors. Located just north of the new IU Health hospital campus, this property sits in the direct path of major redevelopment, infrastructure investment, and neighborhood revitalization. Built in 1911, this home carries the charm and character you expect from early 20th-century

  Zachary Douglas Canull Group LLC

  537 E 33rd St, Indianapolis, IN 46205
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  /27

  $140,000

  • 4 Beds
  • 1 Bath
  • 1,276 Sq Ft

  1546 Hoefgen St, Indianapolis, IN 46203

  Whether you're looking for your next flip or a first home where you can build massive sweat equity, this is the one. This 3-bedroom, 1-bath traditional home offers over 1,700 sq. ft. of raw potential in one of Indy's most resilient investment pockets. Rare 3-bedroom footprint at this price point. The main floor features spacious living areas and a kitchen with character-rich cabinetry and a

  Miguel Rodriguez Keller Williams Indy Metro S

  1546 Hoefgen St, Indianapolis, IN 46203
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  /35

  $249,900

  • 3 Beds
  • 2 Baths
  • 1,152 Sq Ft

  1929 Prospect St, Indianapolis, IN 46203

  Discover this enchanting 3-bedroom, 2-bath bungalow in the heart of Fountain Square! Spanning 1,152 square feet, this updated home blends modern finishes with cozy charm. The open-concept floor plan seamlessly connects a warm living space to the stunning kitchen, complete with quartz countertops and sleek cabinetry-perfect for everyday living or entertaining guests. Luxury vinyl plank flooring

  Kathryn Teltow Highgarden Real Estate

  1929 Prospect St, Indianapolis, IN 46203
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  /5

  $150,000

  • 3 Beds
  • 1 Bath
  • 855 Sq Ft

  1845 W Wilkins St, Indianapolis, IN 46221

  1845 Wilkins Street, Indianapolis, IN Investment Opportunity with Tenant in Place Overview: This charming single-family home offers a promising investment opportunity in the heart of Indianapolis. With a tenant currently in place, the property provides immediate rental income. Property Features: 3 Bedrooms: 2 Bathrooms: 1 Living Area: Approximately 744 sq ft Lot Size: 6,970 sq ft Year Built: 1948

  Thomas Colvin eXp Realty, LLC

  1845 W Wilkins St, Indianapolis, IN 46221
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  /27

  $165,900

  • 2 Beds
  • 1 Bath
  • 1,260 Sq Ft

  1627 N Berwick Ave, Indianapolis, IN 46222

  This newly remodeled bungalow home as you enter it has a beautiful covered front porch with lots of windows, a living room, two bedrooms, one bath, kitchen, dining, and a one car garage. It also has extra income, in law, or storage opportunity with the extra smaller home in the property. It sits off 16th St. on the corner with california burger. It's near the Indianapolis Motor Speedway and the

  Armando Torres Towers Real Estate

  1627 N Berwick Ave, Indianapolis, IN 46222
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  /33

  $260,000 Open Sun 2PM - 4PM

  • 4 Beds
  • 2.5 Baths
  • 1,728 Sq Ft

  8160 E New York St, Indianapolis, IN 46219

  Welcome to this unique opportunity on the east side of Indianapolis, just minutes from the charm of Irvington Historic District. This property offers flexibility, space, and incredible potential for multi-generational living or added income.The main home features a functional layout with spacious living areas, abundant natural light, and a kitchen with ample cabinetry, perfect for everyday living

  Elizabeth Medina Bennett Realty

  8160 E New York St, Indianapolis, IN 46219
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  /40

  $450,000

  • 8 Beds
  • 4 Baths

  4826 E New York St, Indianapolis, IN 46201

  Turnkey 12-Unit Portfolio | Newly Renovated | Flexible Purchase Options Rare opportunity to acquire a newly stabilized 12-unit multifamily portfolio consisting of three side-by-side quadplexes at 302 N Dequincy St, 310 N Dequincy St, and 4826 E New York St, plus a separate parking parcel included with the New York St building. Buy 4, 8, or all 12 units - each quadplex is available individually at

  Alyssa Burton Inspired Realty

  4826 E New York St, Indianapolis, IN 46201
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  /9

  $44,900

  • 2 Beds
  • 1 Bath
  • 964 Sq Ft

  2148 Singleton St, Indianapolis, IN 46203

  This 2 bedroom, 1 full bath condo boasts considerable potential but requires renovation, presenting a promising investment opportunity or ideal owner-occupant scenario.

  Kelly Wood RE/MAX At The Crossing

  2148 Singleton St, Indianapolis, IN 46203
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  /51

  $259,900

  • 3 Beds
  • 1 Bath
  • 2,160 Sq Ft

  315 W 43rd St, Indianapolis, IN 46208

  Welcome to this delightful Cape Cod-style home just minutes from Butler University and the charming Butler-Tarkington area. This home checks so many boxes; An ideal primary home, a proven short-term rental opportunity in a high-demand location or a long-term rental investment. Step inside to find beautiful original hardwood floors throughout the main level and a warm, inviting layout perfect for

  Loree Myers Highgarden Real Estate

  315 W 43rd St, Indianapolis, IN 46208
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  /5

  $29,998

  • Land
  • 0.09 Acre
  • $333,311 per Acre

  7425 Mount Herman Ave, Indianapolis, IN 46231

  Nestled in the established Chapel Hill-Ben Davis area of Indianapolis, this 3,703 sq ft vacant lot offers a great opportunity to create something new. Set within a quiet residential neighborhood, the location balances peaceful surroundings on a dead end road with easy access to city conveniences. Whether your plans include building a custom home or pursuing an investment project, this property

  Melody Owen Carpenter, REALTORS®

  7425 Mount Herman Ave, Indianapolis, IN 46231
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  /50

  $485,000

  • 4 Beds
  • 4.5 Baths
  • 2,490 Sq Ft

  2020 Ruckle St, Indianapolis, IN 46202

  Sophisticated Urban Living & Investment Opportunity in Kennedy-King. This modern 4BR/4.5BA residence offers over 2,200 sq ft of living space across three finished levels. The main floor features a seamless open-concept layout with a spacious living/dining area, a gourmet kitchen, and a versatile dedicated office. Upstairs, the primary suite serves as a true retreat with an en-suite bath,

  Mina Kadhum Trueblood Real Estate

  2020 Ruckle St, Indianapolis, IN 46202
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  /13

  $150,000

  • 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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  /2

  $69,900

  • Land
  • 0.09 Acre
  • $776,667 per Acre

  1710 E Ohio St, Indianapolis, IN 46201

  Vacant lot located in an area experiencing continued investment and neighborhood revitalization. Surrounded by a mix of new construction and renovated properties, this parcel presents a great opportunity for builders, investors, or buyers looking to develop in a growing part of the city. Conveniently located with easy access to downtown Indianapolis, major roadways, and neighborhood amenities.

  Colton Haymon @properties

  1710 E Ohio St, Indianapolis, IN 46201
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  /5

  $59,999

  • Land
  • 0.43 Acre
  • $140,513 per Acre

  8900 S Illinois St, Indianapolis, IN 46217

  This vacant lot offers an excellent opportunity to build your future home or make a smart investment. Situated in a desirable neighborhood, the property features 0.42 acres with partially wooded terrain and public utilities available (per seller). Enjoy a peaceful setting while remaining conveniently located near shopping, dining, schools, and major highways, providing easy access to city

  Joel Hinckley Platlabs, LLC

  8900 S Illinois St, Indianapolis, IN 46217
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  /31

  $287,770 New Construction

  • 4 Beds
  • 3 Baths
  • 2,196 Sq Ft

  2805 Brahms Way, Indianapolis, IN 46239

  Welcome home to the Roosevelt - where comfort, quality, and everyday convenience come together. This thoughtful two-story plan from Davis Homes offers about 2,196 sq. ft. of well-designed living space with 4 bedrooms and 3 baths and a 2-car garage - all at a price point that makes it a great choice! Value & Quality You Can See - Inside and Out Built with Davis Homes' commitment to lasting

  Edward Petras DBG Realty

  2805 Brahms Way, Indianapolis, IN 46239

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