Investment - Homes for Sale in Indianapolis, IN

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  /37

  $250,000

  • 5 Beds
  • 5 Baths
  • 1,711 Sq Ft

  2968 N Arsenal Ave, Indianapolis, IN 46218

  Excellent Investment Opportunity - Income-Producing Duplex! This versatile property offers strong rental potential with two distinct living spaces: Main Level Residence: Spacious and well-maintained, featuring 3 bedrooms and 3 bathrooms, perfect for owner occupancy or long-term rental. Upper-Level Apartment: A charming 2-bedroom, 2-bath unit with unique character. While it doesn't have a

  Constance Quizon Brooks Real Estate Services

  2968 N Arsenal Ave, Indianapolis, IN 46218
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  /51

  $290,000

  • 3 Beds
  • 2 Baths
  • 1,630 Sq Ft

  921 S State Ave, Indianapolis, IN 46203

  This STR portfolio is comprised of four properties totaling 16 rentable units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer

  Cory Gardner Gardner Property Group

  921 S State Ave, Indianapolis, IN 46203
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  /40

  $290,000

  • 3 Beds
  • 1.5 Baths
  • 1,638 Sq Ft

  923 S State Ave, Indianapolis, IN 46203

  This STR portfolio is comprised of four properties totaling 16 rentable units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included green space to add units offer

  Cory Gardner Gardner Property Group

  923 S State Ave, Indianapolis, IN 46203
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  /24

  $700,000

  • 8 Beds
  • 4 Baths

  3818 Central Ave, Indianapolis, IN 46205

  This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included

  Cory Gardner Gardner Property Group

  3818 Central Ave, Indianapolis, IN 46205
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  /31

  $725,000

  • 5 Beds
  • 4 Baths

  2407 N Capitol Ave, Indianapolis, IN 46208

  This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with 4 units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of included

  Cory Gardner Gardner Property Group

  2407 N Capitol Ave, Indianapolis, IN 46208
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  /23

  $1,025,000

  • 10 Beds
  • 6 Baths

  1728 N Delaware St, Indianapolis, IN 46202

  This STR portfolio is comprised of four properties totaling 16 rentable units. This is a quadplex with four units. Current ownership has demonstrated strong short-term income potential. Near downtown locations and boutique finishes drive high occupancy and opportunities for increased revenue with a combination of STR and MTR. Conversion to townhomes/condos or LTR as well as development of

  Cory Gardner Gardner Property Group

  1728 N Delaware St, Indianapolis, IN 46202
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  /19

  $295,000

  • 4 Beds
  • 4 Baths

  6102 Brookville Rd, Indianapolis, IN 46219

  This unique four-unit investment property features three separate buildings: a studio, a 1-bedroom unit, and a duplex. With 2 of 4 units already rented through Section 8, you'll benefit from consistent rental income from day one. Recent updates include new flooring and some plumbing improvements. Tenants enjoy convenient parking and a central location with easy access to local amenities. Whether

  Alex Montagano eXp Realty LLC

  6102 Brookville Rd, Indianapolis, IN 46219
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  /78

  $397,000

  • 8 Beds
  • 4 Baths

  1033 N Dearborn St, Indianapolis, IN 46201

  Don't miss this great investment opportunity! This updated quadruplex features improvements throughout, including modernized kitchens and bathrooms with fresh paint. Each unit offers great rental potential. With just a few finishing touches, this property is ready to shine. Perfect for investors or owner-occupants looking to build equity.

  Eli Skinner Key Realty Indiana

  1033 N Dearborn St, Indianapolis, IN 46201
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  /12

  $142,000

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  1401 W 34th St, Indianapolis, IN 46208

  2 bedroom 1 bath home that has been painted and added vinyl plank flooring. Bedrooms are good size and have closets, living room dining room combo is al open to fit new owner needs. Kitchen has an abundance of cabinets and countertop space. Spacious garage and full basement that allows need owner to have storage or use the basement as an entertaining area. This is a great house to live or as

  Cynthia Sosa AMR Real Estate LLC

  1401 W 34th St, Indianapolis, IN 46208
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  /17

  $229,900

  • 6 Beds
  • 4 Baths

  1802 Woodlawn Ave, Indianapolis, IN 46203

  Welcome to this promising investment property located centrally in the vibrant city of Indianapolis, Indiana. Situated in a prime location, this multi-family 4 unit property offers an excellent opportunity for investors seeking steady rental income and future appreciation potential.This property enjoys easy access to downtown amenities, universities, employment centers, and transportation routes,

  Kurt Clements Diverse Property Solutions Ind

  1802 Woodlawn Ave, Indianapolis, IN 46203
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  /4

  $14,000

  • Land
  • 0.12 Acre
  • $116,667 per Acre

  2745 S Rybolt Ave, Indianapolis, IN 46241

  Don't miss this opportunity to own a well-located lot in the heart of Indianapolis. This cleared, build-ready parcel offers easy access to city amenities, schools, and major roads-ideal for residential development or investment. Utilities nearby. Start your next project here!

  Devan Lunceford Totalis Real Estate Solutions

  2745 S Rybolt Ave, Indianapolis, IN 46241
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  /3

  $13,000

  • Land
  • 0.12 Acre
  • $108,333 per Acre

  2527 N Tacoma Ave, Indianapolis, IN 46218

  Don't miss this opportunity to own a well-located lot in the heart of Indianapolis. This cleared, build-ready parcel offers easy access to city amenities, schools, and major roads-ideal for residential development or investment. Utilities nearby. Start your next project here!

  Devan Lunceford Totalis Real Estate Solutions

  2527 N Tacoma Ave, Indianapolis, IN 46218
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  /3

  $10,000

  • Land
  • 0.11 Acre
  • $90,909 per Acre

  252 S Bancroft St, Indianapolis, IN 46201

  Don't miss this opportunity to own a well-located lot in the heart of Indianapolis. This cleared, build-ready parcel offers easy access to city amenities, schools, and major roads-ideal for residential development or investment. Utilities nearby. Start your next project here!

  Devan Lunceford Totalis Real Estate Solutions

  252 S Bancroft St, Indianapolis, IN 46201
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  /4

  $9,000

  • Land
  • 0.15 Acre
  • $60,000 per Acre

  3201 Adams St, Indianapolis, IN 46218

  Don't miss this opportunity to own a well-located lot in the heart of Indianapolis. This cleared, build-ready parcel offers easy access to city amenities, schools, and major roads-ideal for residential development or investment. Utilities nearby. Start your next project here!

  Devan Lunceford Totalis Real Estate Solutions

  3201 Adams St, Indianapolis, IN 46218
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  /3

  $15,500

  • Land
  • 0.09 Acre
  • $172,222 per Acre

  450 N Exeter Ave, Indianapolis, IN 46222

  Don't miss this opportunity to own a well-located lot in the heart of Indianapolis. This cleared, build-ready parcel offers easy access to city amenities, schools, and major roads-ideal for residential development or investment. Utilities nearby. Start your next project here!

  Devan Lunceford Totalis Real Estate Solutions

  450 N Exeter Ave, Indianapolis, IN 46222
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  /4

  $20,000

  • Land
  • 0.14 Acre
  • $142,857 per Acre

  1943 Dequincy St, Indianapolis, IN 46218

  It's easy to recommend this property. It is a prime piece of land situated in the heart of Indianapolis. Not only does it have a desirable location, but it also sits on over half an acre of land. With its potential to either serve as the location for a single family residence or for an investment property, there is no wrong choice. I think you will like it, too!

  China Murphy F.C. Tucker Company

  1943 Dequincy St, Indianapolis, IN 46218
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  /10

  $339,000

  • 1 Bed
  • 1 Bath

  3716 E Market St, Indianapolis, IN 46201

  YOUR NEXT INVESTMENT OPPORTUNITY! This occupied quadplex will bring in $4,400/month in rental income at closing, offering immediate cash flow. Two units are currently being updated-fresh photos coming soon. Owner-paid utilities average just $400/month, keeping expenses low. With updated units, consistent rental demand, and strong numbers out of the gate, this is a solid turnkey addition to your

  Max Moore @properties

  3716 E Market St, Indianapolis, IN 46201
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  /5

  $34,000

  • Land
  • 0.07 Acre
  • $485,714 per Acre

  1649 S Delaware St, Indianapolis, IN 46227

  Incredible opportunity to build in the heart of the rapidly revitalizing Old Southside neighborhood! Located at 1649 S Delaware St, this flat, grassy .07-acre lot offers both road frontage and rear alley access, making it an ideal setup for new construction. Whether you're an investor seeking your next development play or a future homeowner looking to build your dream house, this location

  Peter Stewart Keller Williams Indpls Metro N

  1649 S Delaware St, Indianapolis, IN 46227
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  /43

  $450,000

  • 3 Beds
  • 3.5 Baths
  • 2,304 Sq Ft

  825 Iowa St, Indianapolis, IN 46203

  A Rare Find in Bates-Hendricks! This 3-bedroom, 3.5-bath home offers features almost impossible to find in the neighborhood: a detached 2-car garage with gated driveway, a full basement with private exterior entry, and every bedroom with its own en-suite bath. Set on a spacious corner lot, the property blends historic character with sleek modern finishes for the best of both worlds. The

  Clay Burris Highgarden Real Estate

  825 Iowa St, Indianapolis, IN 46203
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  /9

  $279,000

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

  1641 English Ave, Indianapolis, IN 46201

  Don't miss out on this new Fountain Square investment opportunity! This property is 4bed 2 bath and over 2000sqft. The home has been gutted and is a blank canvas for your next tranformation. This transaction will also include the parcel next to it at 1637 English which consist of a 5000sqft lot ready for your new construction ideas and also includes a detached 2 car garage. This is a prime

  Anthony Lee Victory Realty Team

  1641 English Ave, Indianapolis, IN 46201
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  /9

  $19,800

  • Land
  • 0.12 Acre
  • $165,000 per Acre

  3128 N Euclid Ave, Indianapolis, IN 46218

  [Seller is willing to consider SELLER FINANCING options] knocks in the up-and-coming Forest Manor neighborhood with this 5,227 sq ft vacant lot at 3128 N Euclid Ave. Surrounded by established homes on a quiet residential street, this lot offers a fantastic blank canvas for builders, investors, or future homeowners. With its close proximity to downtown Indianapolis, the location provides easy

  Crissi Matthews Key Realty Indiana

  3128 N Euclid Ave, Indianapolis, IN 46218
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  /10

  $19,800

  • Land
  • 0.12 Acre
  • $165,000 per Acre

  3161 N Colorado Ave, Indianapolis, IN 46218

  [Seller is willing to consider SELLER FINANCING options] Here's your chance to own a 5,227 sq ft vacant lot in the heart of Indianapolis' Forest Manor neighborhood. Located at 3161 N Colorado Ave, this residential parcel offers a prime opportunity for builders, investors, or anyone looking to create something new in a community on the rise. The lot sits on a quiet street surrounded by established

  Crissi Matthews Key Realty Indiana

  3161 N Colorado Ave, Indianapolis, IN 46218
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  /40

  $235,000

  • 3 Beds
  • 2 Baths
  • 1,192 Sq Ft

  474 N Randolph St, Indianapolis, IN 46201

  Chic Urban Retreat - 3 Bed, 2 Bath - Just Minutes from Downtown Indy! Welcome to your dream home nestled in the vibrant heart of Indianapolis! This beautifully renovated 3-bedroom, 2-bathroom residence offers the perfect blend of modern amenities and timeless charm, all within a stone's throw of downtown. Enjoy an open-concept layout that seamlessly connects the living, dining, and kitchen

  Caleb Keys F.C. Tucker Company

  474 N Randolph St, Indianapolis, IN 46201
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  /4

  $600,000

  • 4 Beds
  • 2 Baths
  • 1,600 Sq Ft

  507 W 29th St, Indianapolis, IN 46208

  Incredible opportunity to acquire a fully rented portfolio of 4 single-family homes, each occupied by long-term Section 8 tenants! This stabilized, cash-flowing package is delivering an impressive 10.6% cap rate based on current income and expenses. 406 S Harlan features 3 bedrooms, 1 bath, and 2,288 sq ft, renting for $1,500/month with $355 in annual taxes. 507 W 29th offers 4 bedrooms, 2 baths,

  Charlene Gaard No Limit Real Estate, LLC

  507 W 29th St, Indianapolis, IN 46208
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  /3

  $500,000

  • 3 Beds
  • 1 Bath
  • 1,288 Sq Ft

  537 N Rural St, Indianapolis, IN 46201

  Rare opportunity to own three contiguous, fully rented single-family homes offering an outstanding 12.3% cap rate! All properties are occupied by long-term Section 8 tenants who pay their own utilities and supply their own appliances, minimizing owner responsibilities. 537 N Rural features 3 bedrooms, 1 bath, and 1,288 sq ft, renting for $1,500/month with $3,334 in annual taxes. 541 N Rural

  Charlene Gaard No Limit Real Estate, LLC

  537 N Rural St, Indianapolis, IN 46201
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  /54

  $625,000

  • 6 Beds
  • 4 Baths
  • 3,120 Sq Ft

  1641 N Cornell Ave, Indianapolis, IN 46202

  Welcome to the combined duplex (6 bedrooms/4 baths/2 kitchens.) Incredible near-north downtown Indy location - right on the Monon Trail in the up and coming Monon16 district. The immediate area offers some quaint restaurants, breweries/distilleries and coffee shops all within walking distance! Freshly renovated interior that's fully furnished offers you and your guests the perfect retreat for

  Kristen Yazel CENTURY 21 Scheetz

  1641 N Cornell Ave, Indianapolis, IN 46202
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  /53

  $625,000

  • 3 Beds
  • 2 Baths

  1641 N Cornell Ave, Indianapolis, IN 46202

  House Hackers - Take note! This versatile home offers the perfect opportunity for first-time investors or co-housing! Use it as an investment and cut your monthly expenses in half OR MORE! This fully furnished home features 6 bedrooms, 2 living areas, 2 kitchens, and 2 dining/flex spaces, plus a total of four baths, which can be opened up for communal living or completely divided and closed off

  Kristen Yazel CENTURY 21 Scheetz

  1641 N Cornell Ave, Indianapolis, IN 46202
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  /13

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,724 Sq Ft

  2208 N Avondale Place, Indianapolis, IN 46218

  This 3-bedroom, 1-bathroom home offers over 1,700 sq. ft. and endless potential. Just minutes from downtown Indianapolis and steps from Martin University, it's the perfect opportunity to create your dream home or maximize your investment portfolio. With spacious rooms and a solid layout, bring your vision and make it shine!

  Sarah Skidmore @properties

  2208 N Avondale Place, Indianapolis, IN 46218
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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: Bedrooms: 2 Bathrooms: 1 Living Area: Approximately 744 sq ft Lot Size: 6,970 sq ft Year

  Ashley Colvin eXp Realty, LLC

  1845 W Wilkins St, Indianapolis, IN 46221
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  /4

  $150,000

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  1837 W Wilkins St, Indianapolis, IN 46221

  Investment Opportunity: 1837 W Wilkins St, Indianapolis, IN 46221 This charming 2-bedroom, 1-bathroom single-family home offers a prime investment opportunity with a tenant already in place. Spanning 912 sq ft on a 6,142 sq ft lot, the property is situated in a revitalizing neighborhood, making it an attractive addition to any real estate portfolio. Built: 1925 Living Area: 912 sq ft Lot

  Ashley Colvin eXp Realty, LLC

  1837 W Wilkins St, Indianapolis, IN 46221
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  /20

  $119,000

  • 3 Beds
  • 2 Baths
  • 834 Sq Ft

  1342 W Lee St, Indianapolis, IN 46221

  This is a great investment property! This property is currently rented. Three bedrooms, 2 full bath, a large fenced in yard, and a great detached garage close to downtown is what you get with this property.

  Darshan Soni Market Street Realty LLC

  1342 W Lee St, Indianapolis, IN 46221
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  /6

  $149,000

  • Land
  • 0.52 Acre
  • $286,538 per Acre

  3431 Carson Ave, Indianapolis, IN 46227

  Esteemed investors, an exceptional opportunity presents itself at 3431 Carson Avenue, Indianapolis. This land can be used as C1 commercial it also has water and sewer connections, perfectly positioned in a prime location for both residential and commercial development. Its mixed-use zoning provides tremendous versatility for a range of potential projects, aligning with diverse market needs.

  Adriana Perez Compass Indiana, LLC

  3431 Carson Ave, Indianapolis, IN 46227
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  /50

  $485,000

  • 7 Beds
  • 4 Baths

  15 W 28th St, Indianapolis, IN 46208

  Spacious and full of potential, this large office building is the perfect canvas for investors or business owners looking to create a fully customized space. Boasting generously sized rooms and beautiful original hardwood floors throughout, this property combines classic charm with the opportunity for modern upgrades. With some heavy work and renovation needed, this building is ideal for those

  Parker Jones Horizon Realty Group LLC

  15 W 28th St, Indianapolis, IN 46208
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  /14

  $199,999

  • 4 Beds
  • 2 Baths

  401 S Randolph St, Indianapolis, IN 46201

  Welcome to 401 S Randolph St, a remodeled 2 bed, 1 bath duplex offering a prime investment opportunity just minutes from the heart of Fountain Square and downtown Indy. Both units have been thoughtfully updated while maintaining classic charm, and are currently occupied by steady, long-term tenants, delivering immediate cash flow from day one. Located in an appreciating neighborhood with

  Kenneth Hall eXp Realty, LLC

  401 S Randolph St, Indianapolis, IN 46201
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  /25

  $355,000

  • 3 Beds
  • 2 Baths
  • 1,786 Sq Ft

  110 E Washington St Unit 301, Indianapolis, IN 46204

  Welcome to urban living at its finest! This spacious 3-bedroom, 2-bath condo offers the perfect blend of modern comfort and city convenience. Located in the vibrant heart of downtown Indianapolis, you'll enjoy walkable access to top dining, entertainment, shopping, and cultural hotspots-including Monument Circle, Mass Ave, and the Canal Walk. Step inside to find an open-concept layout with high

  Sarah Fishburn F.C. Tucker Company

  110 E Washington St Unit 301, Indianapolis, IN 46204
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  /17

  $129,900

  • 6 Beds
  • 2 Baths

  437 Jefferson Ave, Indianapolis, IN 46201

  Come and see this duplex investment opportunity near Woodruff Place, close to downtown, bus lines, and all amenities. The duplex offers 3 bedrooms per side, a lot of original woodwork, and alley access. This could be your next cash producing investment. It will not last long at this price!

  Kurt Clements Diverse Property Solutions Ind

  437 Jefferson Ave, Indianapolis, IN 46201
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  /3

  $60,000

  • Land
  • 0.09 Acre
  • $666,667 per Acre

  1014 S Randolph St, Indianapolis, IN 46203

  Prime City Lot Near the Heart of Fountain Square! Discover an exceptional opportunity to build your dream home or a stylish AirBnB just steps from vibrant Fountain Square. This 30' x 124' lot offers the perfect canvas for modern urban living or a lucrative investment property. The seller is including thoughtfully designed architectural plans to help bring your vision to life. Please note:

  Gregory Mayo Highgarden Real Estate

  1014 S Randolph St, Indianapolis, IN 46203
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  /7

  $24,999

  • Land
  • 0.12 Acre
  • $208,325 per Acre

  2011 Ralston Ave, Indianapolis, IN 46218

  Looking for your next investment opportunity? This lot is your chance to capitalize on an up-and-coming area that is free of trees and shrubbery, saving you time and money on prep work. This is an amazing opportunity for both investors and builders alike. No showings needed, just go see for yourself

  Carly Jones Highgarden Real Estate

  2011 Ralston Ave, Indianapolis, IN 46218
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  /29

  $180,500

  • 5 Beds
  • 2 Baths

  307 N Euclid Ave, Indianapolis, IN 46201

  Unique opportunity in the heart of Indy! This spacious home features a 3 bed, 1 bath layout on the main level and a 2 bed, 1 bath unit upstairs-perfect for multi-generational living, house hacking, or investment potential. The main level boasts generous living and dining areas, while the upstairs unit includes its own private entrance, full bath, and kitchen setup. Whether you're looking to live

  Andrew Taylor Real Broker, LLC

  307 N Euclid Ave, Indianapolis, IN 46201
• 

  

  /23

  $160,000

  • 1 Bed
  • 2 Baths
  • 854 Sq Ft

  230 E 9th St Unit 502, Indianapolis, IN 46204

  Check out this unique true one bedroom condo in the landmark Renaissance Tower building! Two studio units were combined to create a spacious retreat. One of the two walk-in closets is large enough to use as a den or an office. Located in the charming St. Joseph neighborhood on the near-north side of Downtown, it would be perfect for easy downtown living or as a rental property investment. Walk or

  Amanda Wade CENTURY 21 Scheetz

  230 E 9th St Unit 502, Indianapolis, IN 46204

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