Investment - Homes for Sale in Indianapolis, IN

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  /79

  $379,900

  $15K PRICE DROP

  • 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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  /38

  $197,500

  $2K PRICE DROP

  • 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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  /110

  $674,900

  $75K PRICE DROP

  • 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
• 

  

  

  /16

  $164,900

  • 3 Beds
  • 2 Baths
  • 2,144 Sq Ft

  923 W 32nd St, Indianapolis, IN 46208

  Spacious home with flexible layout and great potential! This property offers the possibility of 4 bedrooms-2 on the main level and 2 upstairs with a sitting area in between. Features include a large enclosed front porch, sunroom in the back, basement, and a fenced-in backyard, making it ideal for comfortable living or investment opportunities.

  Maher batarseh F.C. Tucker Company

  923 W 32nd St, Indianapolis, IN 46208
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  /26

  $499,999

  $70K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 2,142 Sq Ft

  6415 N Michigan Rd, Indianapolis, IN 46268

  Acre+ Vintage-Modern Retreat includes Rare Buildable/Sellable Bonus Lot-Expansive, Flexible, Move-In Ready. Live your best life on more than an acre of private, fully fenced land- perfect for gathering, gardening, or creating. This sun-filled 1920s home delivers classic charm and modern flexibility, featuring an inviting three-seasons porch, original hardwood floors, and spaces designed for both

  Sandra Hauanio CENTURY 21 Scheetz

  6415 N Michigan Rd, Indianapolis, IN 46268
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  /27

  $135,000

  $5K PRICE DROP

  • 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

  $10K PRICE DROP

  • 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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  /13

  $139,900

  • 3 Beds
  • 1 Bath
  • 1,858 Sq Ft

  1036 Denison St, Indianapolis, IN 46241

  This versatile 3-bedroom home offers space, flexibility, and investment potential all in one. A large covered front porch welcomes you in-perfect for relaxing mornings, evening unwinding, or enjoying time outdoors in any season. Inside, you'll find a comfortable layout with a dedicated dining room that can easily double as a home office or flex space to fit your needs. The full basement provides

  Connie Jurey House Smart Realty, LLC

  1036 Denison St, Indianapolis, IN 46241
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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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  /28

  $165,900

  $4K PRICE DROP

  • 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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  /24

  $310,000

  • 6 Beds
  • 2.5 Baths
  • 2,054 Sq Ft

  6548 Long Run Dr, Indianapolis, IN 46268

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

  Ben Grise List With Ben, LLC

  6548 Long Run Dr, Indianapolis, IN 46268
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  /15

  $269,000

  • 3 Beds
  • 2.5 Baths
  • 2,247 Sq Ft

  3190 River Villa Way, Indianapolis, IN 46208

  Amazing investment opportunity to grab this townhouse in Rivers Edge. This home overlooks White River, and is located right outside of Downtown Indy. Nearby are three major college campuses, Newfields Art Museum & 100 Acre Park, The Children's Museum, 16 Tech innovation campus, 3 golf courses, Broad Ripple, and the Tow Path walking and bike path that connects directly downtown. The largest in

  Seema Saini F.C. Tucker Company

  3190 River Villa Way, Indianapolis, IN 46208
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  /51

  $257,900

  $26K PRICE DROP

  • 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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  /3

  $125,000

  • 3 Beds
  • 1 Bath
  • 1,120 Sq Ft

  1421 King Ave, Indianapolis, IN 46222

  Excellent investment opportunity near Speedway! This rental is a three bedroom single family home with long term tenant in place, currently month to month and wants to renew. Rent is $1,175 per month. Additional 7 properties available from same seller/agent, varying conditions. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval

  Sam Barron Barron Property Services

  1421 King Ave, Indianapolis, IN 46222
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  /5

  $29,998

  • Land
  • 3,920 Sq Ft
  • $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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  /13

  $140,000

  $10K PRICE DROP

  • 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

  $5K PRICE DROP

  • Land
  • 3,920 Sq Ft
  • $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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  /2

  $100,000

  • Land
  • 5,662 Sq Ft
  • $769,231 per Acre

  2427 Guilford Ave, Indianapolis, IN 46205

  Build your dream home or investment property on this spacious vacant lot located in the heart of Indianapolis! Conveniently situated near downtown, dining, shopping, and local parks. Great opportunity for builders, investors, or buyers looking to create a custom home. Utilities available nearby. Don't miss you chance to own land in a great location with endless potential.

  Sienna Morris Highgarden Real Estate

  2427 Guilford Ave, Indianapolis, IN 46205
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  /31

  $104,900

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  4024 Eastern Ave, Indianapolis, IN 46205

  Charming 3-bedroom, 1-bath home located on the east side of Indianapolis near the 46205 area. This property offers a functional layout with comfortable living space and well-sized bedrooms, ideal for a variety of living or investment needs. Situated on a residential lot with driveway parking, the home provides a manageable yard and potential for outdoor enjoyment. Conveniently located near

  Isabella Frazier Trelora Realty

  4024 Eastern Ave, Indianapolis, IN 46205
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  /18

  $200,000

  • 3 Beds
  • 2 Baths
  • 1,736 Sq Ft

  2021 Hillside Ave, Indianapolis, IN 46218

  Welcome to 2021 Hillside Avenue, a beautifully updated home offering the perfect blend of comfort, space, and investment potential in Indianapolis. Featuring 3 bedrooms and 2 full bathrooms, this property boasts over 1,700 square feet of well-designed living space, ideal for both everyday living and long-term value. The main-level primary suite provides convenience and privacy, while the updated

  Justin Wade BLK Key Realty

  2021 Hillside Ave, Indianapolis, IN 46218
• 

  

  /19

  $149,900

  $17K PRICE DROP

  • 2 Beds
  • 1.5 Baths
  • 1,578 Sq Ft

  602 Eugene St, Indianapolis, IN 46208

  Check out this fantastic opportunity! A 2-Bedroom, 1.5-Bath Home with a 1 Car Garage located on a spacious corner lot. This home features an enclosed front porch, living room with wood burning fireplace, and all kitchen appliances, along with a washer and dryer, are included. The partial finished basement offers a bar area, making it perfect for entertaining, and there's also plenty of room for

  RC Thorne Carpenter, REALTORS®

  602 Eugene St, Indianapolis, IN 46208
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  /34

  $185,000

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 990 Sq Ft

  4444 Kingsley Dr, Indianapolis, IN 46205

  Experience the ultimate Indianapolis lifestyle in this charming 2-bedroom, 1-bathroom bungalow. Perfectly positioned between the vibrant energy of Broad Ripple and the Indiana State Fairgrounds, this home is just steps from the Monon Trail, local coffee shops, and eclectic dining.This move-in-ready gem features a functional layout that maximizes its historic character. Whether you are looking for

  Brady Burg F.C. Tucker Company

  4444 Kingsley Dr, Indianapolis, IN 46205
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  /37

  $550,000

  • 12 Beds
  • 4 Baths

  3535 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

  3535 N College Ave, Indianapolis, IN 46205
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  /33

  $220,000

  $19K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,660 Sq Ft

  544 N Dearborn St, Indianapolis, IN 46201

  Step into this charming bungalow located in the heart of 46201! This single-family residence presents an attractive property in a desirable location. This home blends updated luxury with timeless charm, offering flexibility, functionality, and fantastic investment potential. Inside, the open-concept floor plan creates an inviting atmosphere, ideal for both relaxed living and entertaining filled

  Robbin Edwards Encore Sotheby's International

  544 N Dearborn St, Indianapolis, IN 46201
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  /31

  $375,000

  • 5 Beds
  • 3 Baths

  522 Prospect St, Indianapolis, IN 46203

  This fully furnished triplex at 522 Prospect Street presents a strong investment opportunity with immediate income and future upside potential. The property features two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with two of the three units currently occupied, including the 1-bedroom unit leased at $1,250/month and one 2-bedroom unit leased at $1,395/month, generating current monthly

  Hayley Wild Compass Indiana, LLC

  522 Prospect St, Indianapolis, IN 46203
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  /2

  $32,000

  • Land
  • 3,920 Sq Ft
  • $355,556 per Acre

  1722 Linden St, Indianapolis, IN 46203

  Vacant lot opportunity in 46203. Located near downtown Indianapolis and surrounded by ongoing growth in nearby southside corridors, this parcel offers potential for an investor, builder, or buyer with vision. Great opportunity to secure land in an area with continued redevelopment and new investment. Buyer to verify zoning, utilities, setbacks, and permitted use.

  Mike Scott Scott Estates

  1722 Linden St, Indianapolis, IN 46203
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  /14

  $160,000

  $55K PRICE DROP

  • 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

  $23,000

  $14K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $191,667 per Acre

  1441 N Concord St, Indianapolis, IN 46222

  Looking for your next move? This lot is a smart investment for a homeowner or Investor, you don't want to miss this one. Located just minutes from the motor speedway and Downtown Indy. This property offers easy access and serious potential. Zoned for single-family, duplex, or multi-unit builds, the possibilities here are wide open. Utilities are nearby, making it even easier to bring your vision

  LaKisha Lately Compass Indiana, LLC

  1441 N Concord St, Indianapolis, IN 46222
• 

  

  /20

  $238,900

  • 3 Beds
  • 1.5 Baths
  • 1,267 Sq Ft

  506 Lawrence Ave, Indianapolis, IN 46227

  Terrific all limestone ranch with three bedrooms, one and a half bath, full basement, attached two car garage, big side yard with access door from house, covered front porch....and for under $260,000!!! Amazing value and quality. Undated electrical panel, good storage, sump pump in basement, almost new HVAC (either 2023/2024), wood burning fireplaces in living room on main and in basement

  Alice Steppe Real Broker, LLC

  506 Lawrence Ave, Indianapolis, IN 46227
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  /31

  $140,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 948 Sq Ft

  1821 N Dequincy St, Indianapolis, IN 46218

  Welcome to 1821 N Dequincy St! This thoughtfully designed single-story home offers a functional layout that supports comfortable everyday living. The seamless flow throughout the home creates an inviting atmosphere that is both practical and welcoming. Inside, the home features two comfortable bedrooms, each providing a peaceful space to unwind. The full bathroom is centrally located for everyday

  Andy Deemer F.C. Tucker Company

  1821 N Dequincy St, Indianapolis, IN 46218
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  /38

  $990,000

  • 5 Beds
  • 4.5 Baths
  • 8,681 Sq Ft

  9030 Fall Creek Rd, Indianapolis, IN 46256

  At over 9000 square feet (not including the carriage house), this Lawrence Township estate sits perched atop a hill along Fall Creek Rd. The home is truly a diamond in the rough waiting for the right owner to bring it back to life. This once vibrant and impressive manor has lost luster over the years amongst attempts to bring it back to its glory. However, for the perfect homeowner, an

  Brian Pachciarz Estansion Group by BLP

  9030 Fall Creek Rd, Indianapolis, IN 46256
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  /24

  $169,998

  $38K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,814 Sq Ft

  1052 W 35th St, Indianapolis, IN 46208

  This home qualifies for a downpayment grant! Glass-enclosed front porch welcomes you into this charming, move-in-ready home, offering a bright and versatile space ideal for relaxing or entertaining. Inside, enjoy an open and spacious great room featuring updated flooring and abundant recessed lighting that creates a warm, modern feel throughout the main living areas. The bright kitchen offers

  Stacie Kidwell Sandoval F.C. Tucker Company

  1052 W 35th St, Indianapolis, IN 46208
• 

  

  /69

  $483,000

  $12K PRICE DROP

  • 6 Beds
  • 5.5 Baths
  • 2,564 Sq Ft

  1231 S Meridian St, Indianapolis, IN 46225

  A rare opportunity to own a fully renovated 6-bedroom home offering exceptional flexibility-perfect as a spacious primary residence or a high-potential Airbnb investment. This impressive property features 6 bedrooms, 5.5 baths, and over 3,200 sq/ft across three finished levels. Each bedroom is equipped with its own private bath, TV, and keypad entry, creating a unique setup ideal for short-term

  Annie Scott F.C. Tucker Company

  1231 S Meridian St, Indianapolis, IN 46225
• 

  

  /5

  $280,000

  • 8 Beds
  • 4 Baths
  • 1,379 Sq Ft

  2636 Ethel Ave, Indianapolis, IN 46208

  $4,950/month in rental income - this rent-by-the-room property is CASH FLOWING. 2636 Ethel Ave is a 9-bed, 4-bath income-producing machine currently rented by the room and generating nearly $60,000/year in gross revenue. Part of a 4-property rent-by-the-room portfolio, this spacious layout features dual kitchens, making it perfectly suited for room-by-room tenant placement. Located in the vibrant

  Max Moore @properties

  2636 Ethel Ave, Indianapolis, IN 46208
• 

  

  /46

  $414,999

  • 3 Beds
  • 2.5 Baths
  • 5,336 Sq Ft

  2050 N Dearborn St, Indianapolis, IN 46218

  This gorgeous 3-bedroom, 2.5-bath home offers over 5,000 sq. ft. of beautifully designed living space with high-end finishes throughout. Step inside to an open-concept layout featuring a granite island kitchen with a gas cooktop, tankless water heater, water softener, and gas furnace for efficiency and comfort. Enjoy the elegant details from the ceiling molding to the Hardy board exterior that

  Danielle Shouse Shouse Realty Group LLC

  2050 N Dearborn St, Indianapolis, IN 46218
• 

  

  /13

  $275,000

  • 3 Beds
  • 2 Baths
  • 1,576 Sq Ft

  3732 Zurich Terrace, Indianapolis, IN 46228

  Tucked into an established Indianapolis neighborhood, 3732 Zurich Terrace offers comfortable, easy living in a well-sized ranch layout. With 1,576 square feet, this 3-bedroom, 2-bath home provides a functional floor plan with plenty of space to spread out-whether you're relaxing at home or entertaining guests. Recently renovated, the home blends classic character with everyday practicality. The

  John Dugan JCD Realty LLC

  3732 Zurich Terrace, Indianapolis, IN 46228
• 

  

  /26

  $169,900

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,074 Sq Ft

  233 S Dearborn St, Indianapolis, IN 46201

  Move in Ready & Priced to Sell! Welcome home to this beautifully updated property offering the perfect blend of charm, space, and affordability. Featuring a thoughtfully refreshed interior, this move-in ready home is ideal for buyers looking to step into homeownership without the hassle of major projects. The updated kitchen and bathroom provide modern comfort, while the spacious layout offers

  Michele Kelly-Nease eXp Realty LLC

  233 S Dearborn St, Indianapolis, IN 46201
• 

  

  /23

  $159,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 888 Sq Ft

  2332 Reformers Ave, Indianapolis, IN 46203

  Don't miss this opportunity to live minutes from Fountain Square and Downtown. This home has been updated with new roof, new water heater, updated bathroom, new flooring and fresh interior paint. Exterior has a freshly painted deck to relax on as well as a detached 1 car garage and a shed for plenty of storage. Also, completely fenced in yard. This would make a perfect starter home or investment

  Anthony Lee Victory Realty Team

  2332 Reformers Ave, Indianapolis, IN 46203
• 

  

  /19

  $199,900

  • 4 Beds
  • 2 Baths
  • 1,793 Sq Ft

  3034 Guilford Ave, Indianapolis, IN 46205

  Check out this stunning, fully updated 4-bed, 2-bath craftsman style bungalow in Monon Yard, just minutes to near north side staples like the Monon Trail, Goose the Market and Command Coffee. CURRENTLY RENTED FOR $1,845/month THROUGH AUGUST 2026! This is not your typical investment property - updated top to bottom with modern finishes while keeping its original craftsman charm. With approximately

  Trent Kiester @properties

  3034 Guilford Ave, Indianapolis, IN 46205
• 

  

  /32

  $225,000

  $23K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,767 Sq Ft

  2910 Meredith Ave, Indianapolis, IN 46201

  **PRICE REDUCTION** Beautifully Renovated Home Near Downtown Indianapolis! New Roof and HVAC 2023! This home blends character with convenience and qualifies for multiple special financing options to choose from. Stunningly updated home combines historic charm with modern upgrades, offering 1,800 sq ft of versatile living space. Inside, you'll find a bright, open layout featuring a spacious living

  Karen Sauer Crossroads Real Estate Group LLC

  2910 Meredith Ave, Indianapolis, IN 46201

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