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Investment - Homes for Sale in Indianapolis, IN

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  • /25

    $160,000

    • 4 Beds
    • 2 Baths

    2138 Admiral Dr, Indianapolis, IN 46219

    Looking for another investment property? This duplex has a 3 BR 1 BA unit and 1 BR 1 BA unit. The 3 BR unit has a tenant in place for immediate income. The 1BR unit is vacant and ready for you to live in or rent out.

    Michelle McKnight Carpenter, REALTORS®

    2138 Admiral Dr, Indianapolis, IN 46219
  • /62

    $725,000

    • 5 Beds
    • 4.5 Baths
    • 4,924 Sq Ft

    8924 Stormhaven Ct, Indianapolis, IN 46256

    Stunning 5-Bed, 4.5-Bath Home with 4-Car Heated Garage, Walk-Out Basement & In-Law Quarters with water access at Geist Reservoir! Tucked away in a peaceful cul-de-sac, this spacious and versatile home offers exceptional living, entertaining, and investment potential. With 5 generously sized bedrooms, 2 kitchens, and 4 full bathrooms, there's room for everyone - plus more! The main level features

    James Smock F.C. Tucker Company

    8924 Stormhaven Ct, Indianapolis, IN 46256
  • /21

    $169,500

    • 2 Beds
    • 1 Bath
    • 994 Sq Ft

    624 Warren Ave, Indianapolis, IN 46221

    2 Bedroom, 1 bath bungalow. new paint, flooring, kitchen cabinets. 9-foot-high ceilings, nice floorplan, fully fenced yard, privacy fence in back. Parking inside fence in back yard. Up and coming neighborhood with the Elanco Buildings being constructed on Oliver St. It would be a good investment property or a home to live in. Close to downtown, and Indianapolis Zoo.

    Joe Sullivan Sullivan Realty Group, LLC

    624 Warren Ave, Indianapolis, IN 46221
  • /9

    $144,000

    • 4 Beds
    • 2 Baths

    1150 Eugene St, Indianapolis, IN 46208

    Located at 1150 Eugene ST, Indianapolis, IN, this duplex in Marion County presents a compelling proposition for those with an eye for opportunity, as it is a great option for investors and handy homeowners alike. Resting on a 3746 square feet lot area, this 1.5 story duplex, constructed in 1920, offers a canvas upon which to create lasting value. This is a great investment property, offering

    Michael Evans F.C. Tucker Company

    1150 Eugene St, Indianapolis, IN 46208
  • /14

    $75,000

    • 1 Bed
    • 1 Bath
    • 692 Sq Ft

    2638 S Mcclure St, Indianapolis, IN 46241

    Investment opportunity! Currently rented at $700/month with long term tenants in place who would prefer to remain in place. Tenants are currently month to month. Home is 1 bedroom with a bonus room in which the square footage is not included. 1 car attached garage with a nice privacy fenced in backyard. Roof and gutters are 7 years old and water heater is 1 year old.

    Krystal Woodall Woodall Realty LLC

    2638 S Mcclure St, Indianapolis, IN 46241
  • /65

    $740,000

    • 4 Beds
    • 4.5 Baths
    • 3,123 Sq Ft

    806 Shelby St, Indianapolis, IN 46203

    **Seller willing to offer a credit towards interest rate buydown** This beautiful 4 bed 4.5 bath modern home, just blocks from the heart of Fountain Square, has so many unique opportunities that you have to take a look! Designed for entertainers and entrepreneurs alike, this home situated on one of three lots is zoned both residential (D5) and commercial (C5). You can call Shelby St home and walk

    Daniel O'Brien Trueblood Real Estate

    806 Shelby St, Indianapolis, IN 46203
  • /28

    $229,900

    • 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
  • /53

    $975,000

    • 5 Beds
    • 6 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

    Blake Settles Ever Real Estate, LLC

    545 Fletcher Ave, Indianapolis, IN 46203
  • /21

    $144,900

    • 2 Beds
    • 1.5 Baths
    • 1,254 Sq Ft

    1131 Canterbury Square S, Indianapolis, IN 46260

    Welcome home to this beautifully updated condo offering low-maintenance living with modern touches throughout. The main level features stylish flooring, a spacious living room with sliding doors that lead to your private, fenced-in patio-perfect for relaxing or entertaining. The galley kitchen is bright and functional, offering updated cabinetry and a designated dining space just off the entry.

    Patrick Tumbarello F.C. Tucker Company

    1131 Canterbury Square S, Indianapolis, IN 46260
  • /21

    $184,900

    • 2 Beds
    • 2 Baths
    • 900 Sq Ft

    3562 E Morris St, Indianapolis, IN 46203

    Step into this beautifully reimagined home where every inch has been thoughtfully designed for comfort, function, and style. The open-concept layout creates a light and spacious feel that's perfect for modern living. This home is essentially brand new from the studs in. No detail was overlooked-from the brand new HVAC system, roof, vinyl siding, and windows, to updated electrical, plumbing, and

    Cristalys DeJesus Totalis Real Estate Solutions

    3562 E Morris St, Indianapolis, IN 46203
  • /24

    $119,900

    • 2 Beds
    • 1.5 Baths
    • 1,162 Sq Ft

    1938 N Dearborn St, Indianapolis, IN 46218

    Welcome to 1938 N Dearborn-a charming Traditional American home tucked away on a peaceful street in the heart of North Brookside Park. This 2-bedroom, 1.5-bath property offers 1,162 square feet of main-level living space and a full basement, just waiting for your personal touch. Built in 1920, the home blends vintage character with functional layout. Inside, you'll find a bright and spacious

    Charlene Gaard No Limit Real Estate, LLC

    1938 N Dearborn St, Indianapolis, IN 46218
  • /30

    $94,900

    • 2 Beds
    • 1 Bath
    • 1,050 Sq Ft

    3251 Mars Hill St, Indianapolis, IN 46221

    Step inside this cozy 2-bedroom ranch in the heart of Mars Hill and discover a home full of warmth and potential. With its practical layout, low-maintenance vinyl exterior, and 840 square feet of living space, this home is ideal for first-time buyers, downsizers, or anyone looking for a smart investment. The bright living area flows into a functional kitchen, with two comfortable bedrooms and a

    Terry Young Red Bridge Real Estate

    3251 Mars Hill St, Indianapolis, IN 46221
  • /27

    $274,000

    • 2 Beds
    • 2 Baths
    • 968 Sq Ft

    1221 Cottage Ave, Indianapolis, IN 46203

    Welcome to 1221 Cottage Ave, a fully remodeled and beautifully furnished 2-bedroom, 2-bath ranch ideally located in the heart of Fountain Square, one of Indianapolis' most vibrant and sought-after neighborhoods. Set on a corner lot just one block from Fountain Square's lively commercial district and only minutes from downtown Indy, this home offers unmatched walkability to top restaurants,

    Peter Stewart Keller Williams Indpls Metro N

    1221 Cottage Ave, Indianapolis, IN 46203
  • /12

    $154,900

    • 2 Beds
    • 1 Bath
    • 1,342 Sq Ft

    1425 Sharon Ave, Indianapolis, IN 46222

    This property offers great potential as a fixer-upper investment or a perfect starter home! Featuring a 3-year-old Roof and A/C unit replaced in 2022.All measurements and information are approximate; buyers are encouraged to perform their own due diligence.

    Braulio Moreno F.C. Tucker Company

    1425 Sharon Ave, Indianapolis, IN 46222
  • /17

    $70,000

    • Land
    • 0.57 Acre
    • $122,807 per Acre

    5909 Shelby St, Indianapolis, IN 46227

    Don't miss this opportunity to own a buildable lot in heart of the southside. This just over half-acre parcel features a sloping terrain, perfect for a walk-out basement. With all utilities already on site, you can hit the ground running with your new construction project. Whether you're building your forever home or an investment property, this lot offers flexibility, convenience, and excellent

    Ryan Moriarty Weichert, Realtors-Tralee Prop

    5909 Shelby St, Indianapolis, IN 46227
  • /26

    $152,000

    • 5 Beds
    • 1 Bath
    • 1,824 Sq Ft

    9045 Stardust Dr, Indianapolis, IN 46229

    Five-bedroom, one-bathroom fixer-upper with great potential-ideal as an investment property or for a future homeowner ready to renovate. The home features a fireplace and multiple versatile rooms, one of which could serve as a home office. Conveniently located with easy access to I-465, downtown, restaurants, and shopping.

    Robert Salmons Entera Realty

    9045 Stardust Dr, Indianapolis, IN 46229
  • /3

    $27,000

    • Land
    • 0.15 Acre
    • $180,000 per Acre

    2347 N Gale St, Indianapolis, IN 46218

    Welcome to 2347 N. Gale, a vacant lot offering the perfect blank canvas for your future home or next investment project! Located just minutes from downtown Indianapolis and the Bottleworks District, this property sits in an area showing steady signs of growth and development. With easy access to I-70 and nearby amenities, it offers a solid foundation for future potential. Whether you're an

    Lidia Casimiro Murrieta Keller Williams Indy Metro NE

    2347 N Gale St, Indianapolis, IN 46218
  • /15

    $118,000

    • Land
    • 2.77 Acres
    • $42,599 per Acre

    3731 Wellington Ave, Indianapolis, IN 46226

    Unlock Prime Potential on 2.77 Acres Near I-465 - 3731 Wellington Ave, Indianapolis, IN 46226. Strategically positioned just moments from the I-465 and Pendleton Pike interchange, this 2.77-acre parcel in Marion County's Warren Township offers an exceptional opportunity for developers, investors, or visionaries seeking affordable land with strong long-term potential. Surrounded by a blend of

    Annie Scott F.C. Tucker Company

    3731 Wellington Ave, Indianapolis, IN 46226
  • /26

    $175,000

    • 2 Beds
    • 1 Bath
    • 1,155 Sq Ft

    714 S Keystone Ave, Indianapolis, IN 46203

    Completely Transformed & Modernized Home - Just 2 Miles from Downtown Indy & Minutes from the Heart of Fountain Square! This beautifully updated home offers a perfect blend of contemporary style and thoughtful upgrades in a prime location just minutes from the heart of Fountain Square, one of Indy's most vibrant neighborhoods. The open-concept living space features a sleek built-in entertainment

    Dustin Kelly Trueblood Real Estate

    714 S Keystone Ave, Indianapolis, IN 46203
  • /36

    $302,000

    • 1 Bed
    • 1 Bath

    37 Parkview Ave, Indianapolis, IN 46201

    Incredible 5-unit multifamily opportunity in Parkview, a fast-growing area surrounded by new construction and investment activity. This studio-style property offers strong in-place cash flow with four units currently occupied-rented at $750/month, $340 every two weeks (~$737/month), $675/month, and $700/month-bringing in a total of $2,862/month or $34,344/year. One unit remains available and is

    Tasheana Hanza Hanza Realty, LLC

    37 Parkview Ave, Indianapolis, IN 46201
  • /17

    $450,000

    • 4 Beds
    • 2 Baths

    2623 Guilford Ave, Indianapolis, IN 46205

    Rare opportunity to own a fully renovated, income-generating duplex in the heart of downtown Indianapolis-with dependable tenants already in place. This low-maintenance property delivers immediate cash flow and is a smart fit for both first-time buyers and seasoned investors alike. Each unit comes fully furnished and features modern kitchens with updated appliances, stylish finishes, and

    Denis O'Brien Keller Williams Indy Metro S

    2623 Guilford Ave, Indianapolis, IN 46205
  • /4

    $25,000

    • Land
    • 0.1 Acre
    • $250,000 per Acre

    563 N Belmont Ave, Indianapolis, IN 46222

    Hello to your next development! This property measuring 35'x120' (.1 acre) offers the opportunity to build Single Family or a income producing Duplex. Located on Indy's near West side you have the opportunity to build in an area experiencing endless development. With freshly renovated homes and new construction just around the corner you can feel confident in your investment.

    Charles Sheppard AMR Real Estate LLC

    563 N Belmont Ave, Indianapolis, IN 46222
  • /18

    $159,000

    • 2 Beds
    • 2 Baths

    1444 N Denny St, Indianapolis, IN 46201

    Great Investment Opportunity. Immediate income. Both units are leased with long term tenants. Both units are Updated. 1 Bedroom, 1 Bath with basement that has a laundry area. In a good area. Easy access to interstate, shopping and eateries.

    Hilda Ellis Berkshire Hathaway Home

    1444 N Denny St, Indianapolis, IN 46201
  • /36

    $725,000

    • 8 Beds
    • 4 Baths

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

    Nestled along the scenic Fall Creek Parkway, this exceptional multi-family property presents a rare opportunity for investors seeking quality rental units in one of Indianapolis's most desirable neighborhoods. This charming property features four well-maintained units, each offering comfortable 2-bedroom, 1-bathroom layouts that appeal to a wide range of potential tenants. Say goodbye to tenant

    Jamie Suchotzky Red Hot, REALTORS LLC

    59 W Fall Creek Parkway Dr S, Indianapolis, IN 46208
  • /57

    $700,000

    • 8 Beds
    • 4 Baths

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

    Welcome to this outstanding multi-family property nestled in one of Indianapolis'most desirable neighborhoods. This gem features four thoughtfully designed units, each offering comfortable two-bedroom, one-bathroom layouts perfect for residents seeking convenience and quality living. Situated in a vibrant community, this property enjoys proximity to numerous local amenities that tenants will

    Jamie Suchotzky Red Hot, REALTORS LLC

    55 W Fall Creek Parkway Dr S, Indianapolis, IN 46208
  • /43

    $649,000

    • 6 Beds
    • 3 Baths

    1631 Columbia Ave, Indianapolis, IN 46202

    Kennedy King Triplex! This property was gut renovated in 2022 and is a perfect live-in investment or cashflowing addition to your portfolio. Rent out the the other two units and live in the third or run your short term rental business. Walkable to the Monon Trail, Greek's Pizzeria, Provider, Tinker Street, and Foundry Provisions. Income and expenses are from 2024. Current unit rents are prorata

    Cory Gardner Gardner Property Group

    1631 Columbia Ave, Indianapolis, IN 46202
  • /3

    $199,000

    • 960 Sq Ft

    5159 E Edgewood Ave, Indianapolis, IN 46237

    Investor Special - Prime 1.5 Acre Opportunity in Sought-After Location! Unlock the potential of this uninhabitable home situated on a spacious 1.5-acre lot in one of the area's most desirable and well-connected neighborhoods. Just minutes from major shopping centers, restaurants, and everyday conveniences, this property offers an unbeatable location with endless upside. The existing structure is

    Mukul Khanna RE/MAX Advanced Realty

    5159 E Edgewood Ave, Indianapolis, IN 46237
  • /40

    $315,000

    • 6 Beds
    • 3 Baths

    307 N Arlington Ave, Indianapolis, IN 46219

    Welcome to 307-309 N Arlington Ave! This spacious and charming Irvington duplex offers an incredible investment opportunity with tons of original character and strong rental appeal. Fully occupied and spaciously appointed, the property features two large units: Main Level Unit 307: A sprawling 1,755 sq ft layout with 3 bedrooms and 2 full baths, this unit boasts wide hallways, high ceilings, a

    Nino Berticelli eXp Realty, LLC

    307 N Arlington Ave, Indianapolis, IN 46219
  • /14

    $195,000

    • 4 Beds
    • 1 Bath
    • 1,459 Sq Ft

    409 Parkway Ave, Indianapolis, IN 46225

    Nestled at 409 Parkway AVE, INDIANAPOLIS, IN, this single-family residence presents a compelling opportunity for those with vision. This property offers a great investment opportunity for the discerning buyer. With 1459 square feet of living area, this residence contains four bedrooms, providing ample space for a variety of living arrangements. Imagine the possibilities within these walls,

    Jennifer Wilmoth Wilmoth Group

    409 Parkway Ave, Indianapolis, IN 46225
  • /5

    $294,900

    • 5 Beds
    • 3 Baths
    • 1,826 Sq Ft

    8075 Cardinal Cove E, Indianapolis, IN 46256

    Great investment property for rental or flip. Beautiful, large lot. Easy access to everything.

    Wendy Gillespie F.C. Tucker Company

    8075 Cardinal Cove E, Indianapolis, IN 46256
  • /21

    $114,998

    • 2 Beds
    • 1 Bath
    • 625 Sq Ft

    2421 N Arsenal Ave, Indianapolis, IN 46218

    Come check out this absolutely adorable well maintained property located in the Martindale-Brightwood Neighborhood. The property is less than a 1 block from the new Frederick Douglass Community Center, Golf Course, Water Park and the bus line. Drive around the neighborhood and check out the revitalization that going on. This bungalow has 2 bedrooms and 1 bath and is in move-in ready condition.

    Cheryl Strode-Gregory CC & R Realty, LLC

    2421 N Arsenal Ave, Indianapolis, IN 46218
  • /49

    $149,900 Open Sun 12PM - 2PM

    • 3 Beds
    • 2 Baths
    • 1,020 Sq Ft

    3636 Crescent Ave, Indianapolis, IN 46208

    Property was not lived in by the owner, it was investment property. Short walk to park, public transportation, and a short drive to / from the I-65 exit. The living room illuminates by way of recessed lighting with dimming feature. Many updates have been made to the vinyl siding, roof, hot water heater, gutters and windows. Grill in backyard included with sale. Updated bathrooms. Fenced in

    Domonique Snaden Keller Williams Indpls Metro N

    3636 Crescent Ave, Indianapolis, IN 46208
  • /54

    $159,900 Open Sat 12PM - 2PM

    • 3 Beds
    • 3 Baths
    • 1,693 Sq Ft

    1021 W 37th St, Indianapolis, IN 46208

    Great as a family home, or as an investment property. Enclosed porch welcomes you to the spacious living room with a staircase leading to 2 bedrooms upstairs; the primary features an adjoining powder room, a reach-in closet, and two step-in/ specialty closets. Original hardwood floors throughout main and upper floors, with LVP in kitchen and bathrooms. Bathrooms are both updated. The main floor

    Domonique Snaden Keller Williams Indpls Metro N

    1021 W 37th St, Indianapolis, IN 46208
  • /32

    $255,000

    • 2 Beds
    • 2 Baths
    • 1,080 Sq Ft

    4956 W 11th St, Indianapolis, IN 46224

    This adorable and freshly updated bungalow is so close to the track you can practically smell the gasoline! Large eat in kitchen flows into a sunny family room. Brand new primary bath is spacious and luxurious! 2 bright and cheerful bedrooms complete this great space, perfect for your next home or as an investment short term rental!

    Angela Raab F.C. Tucker Company

    4956 W 11th St, Indianapolis, IN 46224
  • /19

    $145,000

    • 2 Beds
    • 1 Bath
    • 2,112 Sq Ft

    3752 N Oxford St, Indianapolis, IN 46218

    Instant cash flow! Check out this investment property that exceeds the 1% rule. This home sits on a corner lot with a great lot size in a desirable rental market. Amenities include: hardwood floors, updated bathroom, full basement and more..

    Rosa Molina Casas Investments LLC

    3752 N Oxford St, Indianapolis, IN 46218
  • /14

    $110,900

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    3305 E 30th St, Indianapolis, IN 46218

    PROPERTY IS SOLID, GOOD PROPERTY, AND GOOD INVESTMENT OR LIVE IN. The single-family residence at 3305 E 30th ST, INDIANAPOLIS, IN, stands as an attractive property in excellent condition, ready to welcome its new owner. This charming home offers a delightful blend of comfort and practicality, set within a desirable location. The kitchen offers a culinary space that is both stylish and

    Rafael Ayala eXp Realty, LLC

    3305 E 30th St, Indianapolis, IN 46218
  • /35

    $259,900

    • 4 Beds
    • 2 Baths
    • 2,112 Sq Ft

    1115 N Keystone Ave, Indianapolis, IN 46201

    Welcome to 1115 N Keystone Ave, a fully remodeled home in the heart of Springdale-one of the near eastside's most exciting and rapidly revitalizing neighborhoods. Just minutes from downtown Indianapolis and surrounded by new construction and high-end renovations in other revitalizing areas like Windsor Park, St. Clair Place, and Cottage Home, this location offers unmatched potential and walkable

    Peter Stewart Keller Williams Indpls Metro N

    1115 N Keystone Ave, Indianapolis, IN 46201
  • /32

    $145,900

    • 2 Beds
    • 2 Baths

    315 S Rural St, Indianapolis, IN 46201

    Charming Cash-Flow Duplex - Your Ticket to Landlord Stardom! Picture this: a cozy, single-level duplex that's practically winking at you with investment potential! Nestled in the Near Eastside neighborhood, this quirky gem boasts two mirror-image units, each with 1 bedroom, 1 bathroom, and enough charm to make even the grumpiest cat purr. Each unit has its very own full basement, complete with

    Marybeth Cambre Ferris Property Group

    315 S Rural St, Indianapolis, IN 46201
  • /55

    $225,000

    • 6 Beds
    • 2 Baths
    • 2,682 Sq Ft

    1523 E Mills Ave, Indianapolis, IN 46227

    Incredible Investment or Multi-Generational Living Opportunity within Walking Distance of UIndy! Just half a mile from campus, this spacious 6-bedroom home offers charm, flexibility, and a prime location-ideal for multi-generational living or as a high-demand college rental. With nearly 2,700 sq ft of living space, it's perfect for investors or families needing ample room. The main floor includes

    Evan Cast Mark Dietel Realty, LLC

    1523 E Mills Ave, Indianapolis, IN 46227
  • /27

    $215,000

    • 6 Beds
    • 2 Baths

    653 Birch Ave, Indianapolis, IN 46221

    Attention Investors! Don't miss this fantastic opportunity to own a fully occupied duplex located on the desirable Near Westside of Indianapolis, minutes from the Indianapolis Zoo and vibrant downtown Indy. This 3 bedroom, 1 bath duplex features attractive flooring, washer and dryer hookups, and comes equipped with a refrigerator and stove. Situated in a welcoming neighborhood, this property

    Edwin Watson Triple E Realty, LLC

    653 Birch Ave, Indianapolis, IN 46221

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