Investment - Homes for Sale in Indianapolis, IN

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  /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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  /35

  $525,000

  $25K PRICE DROP

  • 12 Beds
  • 4 Baths

  3539 N College Ave, Indianapolis, IN 46205

  INVESTMENT opportunity! Purchase this 4-plex individually or with the neighboring 4-plex for added scale - 8 doors! 2025 cap rate near 6%. Each unit offers 3 bedrooms, 1 full bath, and an in-unit washer/dryer, with a mix of main-floor and upper-level layouts. This, plus the neighboring 4-plex property, has seen nearly $180K in improvements, including a roof replacement (2020), LVP flooring

  Kristin Glassburn @properties

  3539 N College Ave, Indianapolis, IN 46205
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  /17

  $218,500

  $11K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,256 Sq Ft

  2034 Theodore Dr, Indianapolis, IN 46214

  Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

  Claire Sorrels List With Ben, LLC

  2034 Theodore Dr, Indianapolis, IN 46214
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  /31

  $239,900

  $20K PRICE DROP

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

  2735 Carrollton Ave, Indianapolis, IN 46205

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

  Lynda King RE/MAX Advanced Realty

  2735 Carrollton Ave, Indianapolis, IN 46205
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  /11

  $77,900

  $7K PRICE DROP

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

  632 W 29th St, Indianapolis, IN 46208

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

  Sam Barron Barron Property Services

  632 W 29th St, Indianapolis, IN 46208
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  /20

  $173,500

  $4K PRICE INCREASE

  • 4 Beds
  • 4 Baths

  1122 N Tuxedo St, Indianapolis, IN 46201

  This cash-flowing duplex at 1122 N Tuxedo St is bringing in $2,035/month in gross rents and is ready for its next owner to step in and start collecting from day one. Both sides are fully occupied, so there's no downtime, just immediate income. Each unit features 2 bedrooms and 1.5 baths, laid out over two spacious stories that live more like single-family homes. Whether you're looking to expand

  Mia Chatman Austyn Avenue Real Estate

  1122 N Tuxedo St, Indianapolis, IN 46201
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  /8

  $179,999

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths

  2921 E 18th St, Indianapolis, IN 46218

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

  Christine Saleeb Trueblood Real Estate

  2921 E 18th St, Indianapolis, IN 46218
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  /78

  $929,900

  $5K PRICE DROP

  • 7 Beds
  • 1 Bath

  2038 Ruckle St, Indianapolis, IN 46202

  This striking Modern Craftsman dual-residence property at 2036 & 2038 Ruckle St offers a premier "house-hack" or high-performance portfolio addition in one of Indianapolis's most rapidly appreciating urban core neighborhoods. The main structure features two meticulously designed, modern townhomes, each boasting a versatile 3-level layout with 3 bedrooms and 3.5 bathrooms, including a fully

  Mina Kadhum Trueblood Real Estate

  2038 Ruckle St, Indianapolis, IN 46202
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  /28

  $199,900

  $30K PRICE DROP

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

  1038 W 33rd St, Indianapolis, IN 46208

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

  Charlene Gaard No Limit Real Estate, LLC

  1038 W 33rd St, Indianapolis, IN 46208
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  /37

  $194,900

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  3250 Davis Dr, Indianapolis, IN 46221

  Move-in ready with a Brand-New Roof and Newer HVAC System, this updated ranch offers an incredible opportunity for first-time home buyers, investors, or those looking to downsize without sacrificing comfort and style. Featuring 2 bedrooms and 1 full bath, this home has been refreshed with Fresh Paint, Updated Lighting, and Modern Finishes throughout. Inside, you'll find a bright, welcoming layout

  Brittany Ludlow eXp Realty, LLC

  3250 Davis Dr, Indianapolis, IN 46221
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  /18

  $114,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 834 Sq Ft

  1342 Lee St, Indianapolis, IN 46221

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

  Darshan Soni Market Street Realty LLC

  1342 Lee St, Indianapolis, IN 46221
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  /42

  $440,000

  • 6 Beds
  • 4 Baths

  933 E Raymond St, Indianapolis, IN 46203

  Updated and income-producing duplex opportunity near Garfield Park! Each side offers 3 bedrooms and 2 full bathrooms with modern updates throughout, making this a rare and versatile investment. Perfect for an owner-occupant looking to house hack-live in one side while generating rental income from the other-or add a strong cash-flowing property to your investment portfolio. Both units are tenant

  Sarah Fishburn F.C. Tucker Company

  933 E Raymond St, Indianapolis, IN 46203
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  /29

  $179,900

  • 2 Beds
  • 2 Baths

  3701 N Capitol Ave, Indianapolis, IN 46208

  An exceptional turn-key investment or premier "house-hacking" opportunity awaits at 3701 N Capitol Ave, a charming Indianapolis duplex packed with recent capital improvements. Capitalize on immediate rental income from one side currently generating $725/month, while utilizing the vacant, newly refreshed unit that features a fresh bathroom remodel (2024), a newer water heater (installed within the

  Mina Kadhum Trueblood Real Estate

  3701 N Capitol Ave, Indianapolis, IN 46208
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  /63

  $899,000

  $26K PRICE DROP

  • 4 Beds
  • 3 Baths
  • 2,719 Sq Ft

  545 Fletcher Ave, Indianapolis, IN 46203

  Rare opportunity to own a turnkey luxury short-term rental property in the heart of Fletcher Place featuring two fully finished homes on one lot. The main residence offers 2,719 square feet of beautifully designed living space, while the separate carriage house adds an additional 1,351 square feet, creating over 4,000 square feet of combined living and guest accommodations. Currently operating as

  Jim Perry Ever Real Estate, LLC

  545 Fletcher Ave, Indianapolis, IN 46203
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  /26

  $279,000

  Coming Soon

  • 3 Beds
  • 3 Baths
  • 1,344 Sq Ft

  1526 S East St, Indianapolis, IN 46225

  Welcome to 1526 S. East St. in the heart of Bates-Hendricks, where neighborhood charm meets downtown convenience. This fully furnished 3 bedroom, 2.5 bathroom townhome offers an easy path into one of Indy's most connected and fast-growing areas. Thoughtfully updated and move-in ready, the home is designed for flexibility. For an owner-occupant, it removes the stress of starting from scratch with

  1526 S East St, Indianapolis, IN 46225
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  /12

  $141,999

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  1401 W 34th St, Indianapolis, IN 46208

  At 1401 W 34th ST, INDIANAPOLIS, IN, discover a charming single-family residence built in 1930, offering 960 square feet of thoughtfully designed living space. This property presents a unique opportunity to shape your ideal home environment within a classic framework. This residence includes five distinct bedrooms, providing ample flexibility for a growing family, dedicated home offices, or

  Cynthia Sosa AMR Real Estate LLC

  1401 W 34th St, Indianapolis, IN 46208
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  /16

  $159,900

  • 4 Beds
  • 2 Baths

  2941 Schofield Ave, Indianapolis, IN 46218

  Investor portfolio opportunity in Indianapolis! Income-producing 4-unit multifamily package with strong cash flow and value-add potential. Ideal for investors seeking a buy-and-hold investment property, rental portfolio expansion, or long-term equity growth in a market with steady rental demand. Each unit features a functional layout with opportunity to renovate, increase rents, and maximize

  Shekinah Lewis eXp Realty, LLC

  2941 Schofield Ave, Indianapolis, IN 46218
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  /11

  $89,000

  • 2 Beds
  • 1 Bath
  • 1,122 Sq Ft

  1811 N Dexter St, Indianapolis, IN 46202

  Opportunity awaits at 1811 Dexter! This 2 bedroom, 1 bathroom home offers 1,122 square feet with classic features including a large covered front porch, welcoming foyer, formal dining room, and spacious back yard. Formerly used as a rental property, the home is ready for its next chapter and priced accordingly for the updates and repairs needed. With solid living space and plenty of character,

  Kathryn Teltow Highgarden Real Estate

  1811 N Dexter St, Indianapolis, IN 46202
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  /36

  $725,000

  • 8 Beds
  • 4 Baths

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

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

  Jamie Suchotzky Red Hot, REALTORS LLC

  59 W Fall Creek Parkway South Dr, Indianapolis, IN 46208
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  /12

  $203,900

  $16K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,256 Sq Ft

  4325 Clayburn Dr, Indianapolis, IN 46268

  Nice Starter Home or Investment Property. 3 Bedroom, 2 Bath Home with a 2 car Garage.

  Ben Grise List With Ben, LLC

  4325 Clayburn Dr, Indianapolis, IN 46268
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  /13

  $172,500

  $27K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1444 E Elbert St, Indianapolis, IN 46227

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

  Vince Ferguson Mark Dietel Realty, LLC

  1444 E Elbert St, Indianapolis, IN 46227
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  /31

  $155,000

  • 3 Beds
  • 1 Bath
  • 865 Sq Ft

  533 Temperance Ave, Indianapolis, IN 46203

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

  Thomas Colvin eXp Realty, LLC

  533 Temperance Ave, Indianapolis, IN 46203
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  /21

  $475,000

  New Construction $24K PRICE DROP

  • 2 Beds
  • 2 Baths

  227 N Hamilton Ave, Indianapolis, IN 46201

  Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit

  Nicole Crouch Crossroads Realty, LLC

  227 N Hamilton Ave, Indianapolis, IN 46201
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  /23

  $305,000

  • 4 Beds
  • 3 Baths
  • 2,072 Sq Ft

  3702 N Euclid Ave, Indianapolis, IN 46218

  Step inside this down to the studs renovated home, completed in 2024. Everything is new; roof, plumbing, electrical, heating/cooling and much more. This is a 4 bedroom/3 full bath ranch home with 2,000 sq feet of finished living area. Gourmet kitchen features quartz countertops, stainless steel appliances that include a gas cooktop, wall oven/microwave combo both with WIFI capability. Top of the

  Tom Farris Carpenter, REALTORS®

  3702 N Euclid Ave, Indianapolis, IN 46218
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  /24

  $199,900

  $30K PRICE DROP

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

  1126 Union St, Indianapolis, IN 46225

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

  Peter Stewart Keller Williams Indpls Metro N

  1126 Union St, Indianapolis, IN 46225
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  /5

  $120,000

  $25K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 918 Sq Ft

  1661 N Pasadena St, Indianapolis, IN 46219

  Turnkey Cash-Flow Rental - Exceeds 1% Rule Asking Price: $145,000 Current Rent: $1,500/month + $200/month pet fee Total Monthly Income: $1,700/month Property Details 2 Bedrooms 1 Bathroom 1,470 total sq ft 735 sq ft main level 735 sq ft basement Built in 1956 Investment Highlights Exceeds the 1% rule Strong in-place cash flow Tenant in place Turnkey opportunity Recent Updates New flooring

  Samra Efendic AMR Real Estate LLC

  1661 N Pasadena St, Indianapolis, IN 46219
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  /5

  $140,000

  • 2 Beds
  • 2 Baths

  4432 E 10th St, Indianapolis, IN 46201

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

  Edwin Watson Triple E Realty, LLC

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

  $45,000

  $35K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 877 Sq Ft

  9792 Kingscross Ct, Indianapolis, IN 46235

  Whether you're looking for your next home or a great investment opportunity, this Tudor Park condo checks all the boxes! This vacant condo offers a functional layout, private patio, attached garage, and low maintenance living. Eligible for conventional financing, just needs a little TLC . Conveniently located near shopping, dining, entertainment, and major highways, it's an excellent opportunity

  Jameka Howard Compass Indiana, LLC

  9792 Kingscross Ct, Indianapolis, IN 46235
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  /4

  $130,000

  $30K PRICE DROP

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

  2140 Dr Andrew J Brown Ave, Indianapolis, IN 46202

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

  Jack Norton Norton Real Estate

  2140 Dr Andrew J Brown Ave, Indianapolis, IN 46202
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  /24

  $219,900

  • 3 Beds
  • 2 Baths
  • 1,212 Sq Ft

  5828 Victory Ave, Indianapolis, IN 46203

  Excellent investment opportunity with this home to make it yours however you wish. This amazing opportunity is sold AS-IS.

  Claire Sorrels List With Ben, LLC

  5828 Victory Ave, Indianapolis, IN 46203
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  /8

  $274,000

  • 4 Beds
  • 2 Baths
  • 1,824 Sq Ft

  626 Chapel Hill West Dr, Indianapolis, IN 46214

  Well-maintained 4-bedroom, 2-bath tri-level home in the Chapel Hill West neighborhood. Features an open layout with great natural light, a functional kitchen with ample storage, and well-sized bedrooms. Enjoy a large fenced backyard perfect for entertaining, plus an attached garage for secure parking. Home has been reliably cared for as a rental, offering solid condition and long-term confidence.

  Joseph Wootan Listwithfreedom.com

  626 Chapel Hill West Dr, Indianapolis, IN 46214
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  /16

  $130,000

  • 3 Beds
  • 1 Bath
  • 888 Sq Ft

  2962 N Dequincy St, Indianapolis, IN 46218

  Add to your investment portfolio today! Photos are prior to resident moving in. This 3 bed 1 bath home has been fully renovated including butcher block counter tops, new flooring, fresh paint, new appliances, and more. Invest with peace of mind and residents already in place. Lease in place through 6/30/2027. Showings available after an accepted offer. Please do not disturb the residents.

  Kenneth Hall eXp Realty, LLC

  2962 N Dequincy St, Indianapolis, IN 46218
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  /6

  $479,000

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

  5740 S Emerson Ave, Indianapolis, IN 46237

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

  Michael Huff Keller Williams Indy Metro Partners

  5740 S Emerson Ave, Indianapolis, IN 46237
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  /16

  $255,000

  • 3 Beds
  • 1 Bath
  • 1,127 Sq Ft

  1905 E 75th St, Indianapolis, IN 46240

  Charming 3-bedroom bungalow in desirable Ralston Heights, thoughtfully updated and move-in ready. Recent upgrades include a newer roof, water heater, flooring, appliances, and fixtures. The remodeled kitchen features a center island, soft-close 36" cabinetry, and granite countertops. Bright living spaces offer great natural light and views of the private, park-like backyard with deck. Updated

  Kristy Huntwork Vision One Real Estate

  1905 E 75th St, Indianapolis, IN 46240
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  /2

  $32,500

  $3K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $270,833 per Acre

  2025 E 44th St, Indianapolis, IN 46205

  Affordable South Broad Ripple Lot For Sale! Longterm investment or build your next home! Currently property, zoned D5, is being sold with home to the east but the lot can be sold separately. There used to be a home on the lot. Per Google Streetview, it seems the structure was removed after 2011. The seller doesn't have any information beyond that.

  Justin Capps Ferris Property Group

  2025 E 44th St, Indianapolis, IN 46205
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  /15

  $200,000

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  1529 Kennington St, Indianapolis, IN 46225

  Experience this beautifully renovated 2br/1ba single family home in the Bates Hendricks neighborhood. Currently operating as a high performing 5.0 star airbnb mid-term furnished rental and corporate housing (1-6 month stay) with high ROI, this property can be used as a turnkey investment opportunity with strong income potential. Located on a quiet residential street, it is only a mile from the

  Lisa Phillips Compass Indiana, LLC

  1529 Kennington St, Indianapolis, IN 46225
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  /16

  $148,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  2526 English Ave, Indianapolis, IN 46201

  Step inside this welcoming, all-brick ranch in the rapidly developing Twin Aire neighborhood and discover a bright, open single-level home packed with potential. Featuring two comfortable bedrooms, one full bathroom, and all appliances included, this property offers a highly functional layout that is perfect for first-time buyers or savvy investors. Previously operated as a successful mid-term

  Dan McNeal @properties

  2526 English Ave, Indianapolis, IN 46201
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  /31

  $134,900

  • 3 Beds
  • 1 Bath
  • 1,117 Sq Ft

  1525 Comer Ave, Indianapolis, IN 46203

  Fantastic opportunity to own a charming 3-bedroom cottage in the rapidly growing Bean Creek area! This 1910 bungalow offers a perfect blend of historic character and modern potential. The functional layout features a bright living space and a cozy kitchen area. A full basement provides excellent storage solutions or space for a hobby area. Step outside to a manageable city lot with a private

  Isabella Frazier Trelora Realty

  1525 Comer Ave, Indianapolis, IN 46203
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  /2

  $175,000

  $75K PRICE DROP

  • Land
  • 2.44 Acres
  • $71,721 per Acre

  200 S Harbison Ave, Indianapolis, IN 46239

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

  Henry Arias Indiana Real Estate Group, LLC

  200 S Harbison Ave, Indianapolis, IN 46239
• 

  /2

  $24,900

  • Land
  • 6,534 Sq Ft
  • $166,000 per Acre

  2404 E 79th St, Indianapolis, IN 46240

  Ready to build your dream home or investment property? This lot at 2404 E 79th St in Indianapolis offers an incredible opportunity. With ample space and a fantastic location, this land is perfect for new construction. Buyer to perform their own due diligence regarding zoning, utilities, and any potential uses for the property.

  Stephanie Brinkley F.C. Tucker Company

  2404 E 79th St, Indianapolis, IN 46240

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