Investment - Homes for Sale in Indianapolis, IN

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  /2

  $40,000

  • Land
  • 5,227 Sq Ft
  • $333,333 per Acre

  14 Jefferson Ave, Indianapolis, IN 46201

  Build now or invest for the future-vacant lots in desirable downtown locations are becoming harder to find. Discover the potential of this ideally located property. Build your dream home or your next investment property!

  Sarah Skidmore @properties

  14 Jefferson Ave, Indianapolis, IN 46201
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  /28

  $150,000

  • 3 Beds
  • 2 Baths

  1326 Union St, Indianapolis, IN 46225

  Excellent investment opportunity! Duplex featuring two 3-bedroom, 2-bath units, each with a kitchen, dining room, and family room. One unit has been renovated and is ready for occupancy or rental income, while the second unit has been demoed and is ready for renovation. Great potential for investors looking to add value and build equity. Property is being sold as-is.

  Doug Fredbeck Keller Williams Indpls Metro N

  1326 Union St, Indianapolis, IN 46225
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  /2

  $59,000

  • Land
  • 13,068 Sq Ft
  • $196,667 per Acre

  2857 Spruce St, Indianapolis, IN 46203

  Exceptional opportunity to own a large vacant lot in Indianapolis, IN, offering endless potential for development or investment. Whether you are a builder looking for your next project, an investor seeking long-term land appreciation, or a homeowner ready to design a custom residence, this property provides the space and flexibility to bring your vision to life. With generous lot dimensions, this

  Juan Cassella F.C. Tucker Company

  2857 Spruce St, Indianapolis, IN 46203
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  /16

  $175,000

  $7K PRICE DROP

  • 2 Beds
  • 1 Bath

  3101 E Bradbury Ave, Indianapolis, IN 46203

  Seize the day and take advantage of an excellent opportunity for an investor who wants a nice brick duplex that cash flows! Located just NW of Beech Grove, this rental property has 762 sf of space/unit with 2 BR's and 1 BA on each side. The first unit's address is 2401 S Perkins and is vacant, and newly rehabbed. It features new LVL flooring throughout, fresh paint, new smoke detectors, newly

  Joe Farley Tomorrow Realty, Inc.

  3101 E Bradbury Ave, Indianapolis, IN 46203
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  /16

  $238,000

  $7K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,314 Sq Ft

  5360 Lakeside Manor Dr, Indianapolis, IN 46254

  Welcome to 5360 Lakeside Manor Dr, a charming single-family home located in the established Lakeside Manor community on Indianapolis' northwest side. This 3-bedroom home offers a comfortable and functional layout with approximately 1,314 square feet of living space, making it a great fit for first-time buyers, downsizers, or anyone looking for a manageable home with room to grow. Built in 1998,

  Kendall Bullock Keller Williams Indy Metro NE

  5360 Lakeside Manor Dr, Indianapolis, IN 46254
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  /24

  $155,000

  • 2 Beds
  • 2 Baths
  • 1,455 Sq Ft

  3408 Harvest Ave, Indianapolis, IN 46226

  Welcome home to this charming, move-in ready 2-bedroom, 2-full-bath bungalow that's been thoughtfully updated and is ready for its next chapter. From the moment you step inside, you'll appreciate the fresh feel created by beautiful new luxury vinyl plank flooring, stylish light fixtures, and modern updates throughout, blending timeless character with today's conveniences. The inviting layout

  Gino Liongson LLM Capital

  3408 Harvest Ave, Indianapolis, IN 46226
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  /2

  $800,000

  New Construction $25K PRICE DROP

  • 3 Beds

  2737 Columbia Ave, Indianapolis, IN 46205

  Proposed New Construction 4-Plex | Monon Yard Introducing a brand-new 4-unit investment opportunity in the highly desirable Monon Yard neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1,320 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,750 per unit, this property generates strong returns

  Zachary Douglas Canull Group LLC

  2737 Columbia Ave, Indianapolis, IN 46205
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  /37

  $289,000

  • 3 Beds
  • 2 Baths
  • 1,045 Sq Ft

  1145 S West St, Indianapolis, IN 46225

  Fully renovated down to the studs in 2024, this move-in ready home combines modern updates, thoughtful design, and an unbeatable downtown location. Just minutes from Lucas Oil Stadium, Gainbridge Fieldhouse, downtown dining, nightlife, conventions, and major highways, this property offers exceptional convenience with strong year-round rental appeal. Currently operating as a successful Airbnb near

  Guadalupe Ortiz CENTURY 21 Scheetz

  1145 S West St, Indianapolis, IN 46225
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  /2

  $65,000

  • Land
  • 2,178 Sq Ft
  • $1,300,000 per Acre

  531 E 20th St, Indianapolis, IN 46202

  Build your dream home in one of downtown Indianapolis most desirable neighborhoods. This prime buildable lot creates opportunity for you to build your dream home or your next investment property. With new construction, and continued growth throughout the area, this is a rare chance to secure a homesite in a location that perfectly blends urban convenience with neighborhood charm.

  Sarah Skidmore @properties

  531 E 20th St, Indianapolis, IN 46202
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  /20

  $299,999

  $15K PRICE DROP

  • 4 Beds
  • 2 Baths

  2141 Bellefontaine St, Indianapolis, IN 46202

  Charming duplex in the Mapleton-Fall Creek area offering a great cash flow investment opportunity! Unit 2141 was recently remodeled and features newer appliances. Each unit includes 2 bedrooms, 1 bathroom and a basement. Conveniently located near shopping, dining, and within walking distance to the Monon Trail. Don't miss this excellent investment opportunity!

  Edwin Watson Triple E Realty, LLC

  2141 Bellefontaine St, Indianapolis, IN 46202
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  /5

  $3,190,000

  • Land
  • 58 Acres
  • $55,000 per Acre

  500 North W, McCordsville, IN 46055

  Prime investment opportunity in Hamilton County totaling approximately 58 acres! Located just 3.5 miles north of Mt. Comfort Business Park on the outskirts of Hamilton County, this area is growing by leaps & bounds. Nearby McCord Square which is in Phase I and will consist of apartments, single family homes and mixed use buildings. McCordsville Elementary School just 1.2 miles W. and only 2.3

  Chris Schulhof RE/MAX Realty Services

  500 North W, McCordsville, IN 46055
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  /10

  $105,000

  $75K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 600 Sq Ft

  2232 W 58th St, Indianapolis, IN 46228

  Excellent investment opportunity on Indy's Westside! Last rent was $1,260/month. Property needs very little work to be rent ready. Close to parks or Interstate access. Home is a corner lot, and has well water and city sewer with a detached garage. Specific Parcel #8029811 as adjacent lots are not owned by this seller but have the same mailing address. Additional 7 properties available from same

  Sam Barron Barron Property Services

  2232 W 58th St, Indianapolis, IN 46228
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  /11

  $119,900

  $20K PRICE DROP

  • 1 Bed
  • 1 Bath

  1525 Villa Ave, Indianapolis, IN 46203

  Welcome to 1525 Villa Ave, a great opportunity in the heart of Indianapolis! This property offers plenty of potential for an investor or buyer ready to make it their own. Conveniently located near downtown Indianapolis. Whether you are looking to expand your investment portfolio or create your next home, this property is ready for your vision. Property is being sold as-is.

  Jasmine Tracy BHB Real Estate Group

  1525 Villa Ave, Indianapolis, IN 46203
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  /18

  $219,000

  $13K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,169 Sq Ft

  1455 N New Jersey St Unit 3, Indianapolis, IN 46202

  This condo is conveniently located in the highly desirable neighborhood of the Old Northside just north of downtown Indy. With 2 bedrooms and 1 full bath, you'll love the raised ceilings, hardwood floors, and gas fireplace. The outdoor deck provides the perfect location for morning coffee or entertaining guests. This could be a move in ready owner-occupied home or investment property.

  Mark Branch Highgarden Real Estate

  1455 N New Jersey St Unit 3, Indianapolis, IN 46202
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  /17

  $135,000

  • 2 Beds
  • 1 Bath
  • 888 Sq Ft

  3815 Spann Ave, Indianapolis, IN 46203

  Welcome to 3815 Spann Avenue, where charm, thoughtful updates, and a convenient Indianapolis location come together. Whether you're searching for your first home or looking to add a solid investment to your portfolio, this move-in-ready property is one you won't want to miss. Start your tour on the inviting covered front porch, filled with natural light and offering the perfect space to enjoy

  Kenneth Hall Real Broker, LLC

  3815 Spann Ave, Indianapolis, IN 46203
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  /13

  $330,000

  • 6 Beds
  • 2 Baths

  7618 Southfield Dr, Indianapolis, IN 46227

  Attention investors! Maximize your real estate portfolio or create a home with supplemental income potential. This is a well-maintained multi-unit investment opportunity on the southside of Indy! This duplex that's fully occupied with income-generating units. Each unit features a practical, high-demand 3 bedrooms and 1 bath fully renovated units and newer roof. Property provides immediate rental

  Kim Nash Carpenter, REALTORS®

  7618 Southfield Dr, Indianapolis, IN 46227
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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

  $130,000

  • 3 Beds
  • 1 Bath
  • 724 Sq Ft

  1622 Cruft St, Indianapolis, IN 46203

  Great investment opportunity!! Currently leased at $931/mo with good standing long term tenants. Immediate cash flow! Can be sold individually or as part of a 4 home portfolio including BLC#22095761, 22095770, 22095765, 22095766. All good standing tenant occupied! Contact listing agent directly for showings. Home sold AS-IS and please be respectful of tenants occupying the homes. Rent is well

  Carrie Clark Keller Williams Indpls Metro N

  1622 Cruft St, Indianapolis, IN 46203
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  /11

  $76,500

  $8K 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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  /25

  $184,900

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,455 Sq Ft

  5305 E 19th Place, Indianapolis, IN 46218

  Welcome home to this charming 2 bedroom, 2 bath residence featuring a fully finished basement. The lower level expands your living space with a generous family room, a full bathroom, and a versatile bonus room-ideal for a home office, playroom, or fitness area. It's the perfect setup for gatherings and entertainment. The beautifully updated kitchen showcases granite countertops and stainless

  Goldie Scales The Modglin Group

  5305 E 19th Place, Indianapolis, IN 46218
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  /30

  $160,000

  • 3 Beds
  • 1 Bath
  • 1,457 Sq Ft

  3744 Kinnear Ave, Indianapolis, IN 46218

  Welcome to this charming 3-bedroom, 1-bathroom home that's full of character, potential, and opportunity! With the kitchen renovation already underway, this property is the perfect canvas for a homeowner or investor ready to add their personal style and restore its full beauty. Inside, you'll find a spacious layout, a full basement offering abundant storage or future recreation space, and an

  Dalisha Boone The Vearus Group

  3744 Kinnear Ave, Indianapolis, IN 46218
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  /37

  $189,900

  $5K PRICE DROP

  • 2 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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  /25

  $240,000

  • 3 Beds
  • 1 Bath
  • 1,766 Sq Ft

  1951 Ruckle St, Indianapolis, IN 46202

  Welcome to 1951 Ruckle Street, a great investment opportunity located in the desirable Near Northside / Old Northside area of Indianapolis. Just minutes from Downtown, Fall Creek Place, major interstates, hospitals, and universities, this location continues to attract steady demand and long-term growth. The surrounding neighborhood has seen consistent revitalization and reinvestment, supporting

  Jamis Jackson Real Broker, LLC

  1951 Ruckle St, Indianapolis, IN 46202
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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

  $249,900

  • 2 Beds
  • 1.5 Baths
  • 1,925 Sq Ft

  1238 S Centennial St, Indianapolis, IN 46241

  Welcome home to this meticulously updated two-bedroom bungalow in Wayne Township, where classic charm meets modern peace of mind. Professionally updated from top to bottom, this residence was stripped completely down to the studs and brought back to life with premium craftsmanship and brand-new internal systems. Step inside to find an airy, open layout boasting high-quality finishes, an abundance

  Mo Ganchi F.C. Tucker Company

  1238 S Centennial St, Indianapolis, IN 46241
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  /48

  $545,000

  $5K PRICE INCREASE

  • 4 Beds
  • 3.5 Baths
  • 2,688 Sq Ft

  1202 N New Jersey St, Indianapolis, IN 46202

  Historic charm meets modern comfort, this beautifully renovated home in the Old Northside offers the best of both worlds. It blends classic architectural details with today's conveniences. The grand living room filled with natural light, original hardwood floors, custom built-ins, a beautiful fireplace (now decorative), and French doors opening onto the covered porch; enjoy your morning coffee or

  Margaret D'Souza Red Door Real Estate

  1202 N New Jersey St, Indianapolis, IN 46202
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  /29

  $169,900

  $10K PRICE DROP

  • 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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  /13

  $214,900

  • 6 Beds
  • 4 Baths

  5130 E Michigan St, Indianapolis, IN 46219

  Fantastic investment opportunity to own this duplex in the heart of Irvington, known for its historic charm and strong community feel. This property features 3 bedrooms and 2 full bathrooms in both units. Both units have Range and refrigerator as well as washer/dryer hookup on the main floor. Unit 2 is currently tenant occupied, providing $970 mo immediate cash flow. Unit 1 had been recently

  Michael Deak Doc Real Estate, Inc

  5130 E Michigan St, Indianapolis, IN 46219
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  /17

  $119,900

  • 3 Beds
  • 1 Bath
  • 768 Sq Ft

  3018 N Olney St, Indianapolis, IN 46218

  Rare long-term leased investment on Indianapolis' near northeast side, offered at $120,000. This brick 3-bedroom, 1-bathroom single-family home is leased through October 2028 at $845 per month, with contractual annual increases of two to three percent built into the term. More than two years of contracted income makes this an unusually predictable hold, with a scheduled opportunity to reset rent

  Max Moore @properties

  3018 N Olney St, Indianapolis, IN 46218
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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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  /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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  /21

  $118,000

  $2K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,533 Sq Ft

  3437 N Euclid Ave, Indianapolis, IN 46218

  Great investment opportunity with value-add potential! This 4-bedroom, 1-bathroom single-family home features a functional layout with two bedrooms on the main level and two additional bedrooms upstairs. The home also includes a basement offering additional storage space and flexibility. The furnace was replaced in November 2025. Outside, the property features a large backyard perfect for

  Karanjod Cheema Rize Commercial Realty LLC

  3437 N Euclid Ave, Indianapolis, IN 46218
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  /13

  $170,000

  $30K 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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  /21

  $449,999

  New Construction $49K 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
• 

  

  /23

  $299,900

  $5K PRICE DROP

  • 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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  /5

  $120,000

  $20K PRICE DROP

  • 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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  /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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  /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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  /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
• 

  

  /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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