Investment - Homes for Sale in Indianapolis, IN

• 

  

  /2

  $29,900

  $5K PRICE DROP

  • Land
  • 5,227 Sq Ft
  • $249,167 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

  $125,000

  $23K PRICE DROP

  • 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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  /2

  $79,900

  • Land
  • 4,791 Sq Ft
  • $726,364 per Acre

  720 N Elder Ave, Indianapolis, IN 46222

  Vacant double lot with added space and flexibility for a new-construction investment property. The larger combined site can support a stronger build than a typical single city lot, making it a good fit for a builder or investor looking to add a new rental or resale property to their portfolio. Seller has other lots available nearby and will consider bundling.

  Nicole Crouch Crossroads Realty, LLC

  720 N Elder Ave, Indianapolis, IN 46222
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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
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  /17

  $114,000

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,502 Sq Ft

  1012 W 32nd St, Indianapolis, IN 46208

  Great investment or future owner-occupant opportunity near the Children's Museum! This 2-bedroom, 1-bathroom single-family home is conveniently located less than half a mile from I-65 and just minutes from Downtown Indianapolis, providing easy access to employment, dining, and entertainment. The property is currently tenant-occupied, with the tenant in place since 2017. Current rent is below

  Karanjod Cheema Rize Commercial Realty LLC

  1012 W 32nd St, Indianapolis, IN 46208
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  /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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  /32

  $184,900

  • 3 Beds
  • 1 Bath
  • 1,255 Sq Ft

  3603 N Irvington Ave, Indianapolis, IN 46218

  All-brick single-family investment property on approximately half an acre, offered at $184,900 and leased at $1,550 per month. This home offers approximately 1,255 square feet and sits on an unusually large rear lot for this price point, providing expansion or outdoor-use potential rarely available in the area. Brick construction means lower ongoing maintenance and durable long-term value. The

  Max Moore @properties

  3603 N Irvington Ave, Indianapolis, IN 46218
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  /49

  $385,000

  $25K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 2,408 Sq Ft

  422 Sanders St, Indianapolis, IN 46225

  This spectacular 4-bedroom home, completely rebuilt in 2018/2019, offers a rare combination of luxury, space, and a prime location in the heart of Indianapolis's vibrant Bates-Hendricks neighborhood. A unique offering with two full Primary Suites, each featuring a private full bath and a spacious walk-in closet-one conveniently located on the main level and the second upstairs-perfect for

  Thomas Weaver Trueblood Real Estate

  422 Sanders St, Indianapolis, IN 46225
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  /3

  $95,000

  $5K PRICE DROP

  • Land
  • 3,484 Sq Ft
  • $1,187,500 per Acre

  930 Olive St, Indianapolis, IN 46203

  Build your vision in one of Indianapolis' most vibrant and rapidly growing neighborhoods! This cleared and level residential lot in Fountain Square offers a rare opportunity to construct a new home in an area known for its strong property values, ongoing redevelopment, and convenient access to downtown Indianapolis. Located on a city street with municipal water, sewer, gas, and electric service

  Charlene Gaard No Limit Real Estate, LLC

  930 Olive St, Indianapolis, IN 46203
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  /47

  $345,000

  • 1 Bed
  • 1 Bath

  1519 English Ave, Indianapolis, IN 46201

  Discover an incredible investment or live-in opportunity in the heart of Fountain Square with this rare, fully flexible side-by-side duplex where both units feature uncommonly large 1-bedroom, 1-bathroom layouts complete with multiple indoor and outdoor entertaining spots. Ideally positioned just minutes from the neighborhood's vibrant cultural district, trendy local restaurants, and the Cultural

  Jared Cowan eXp Realty, LLC

  1519 English Ave, Indianapolis, IN 46201
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  /34

  $575,000

  $25K PRICE DROP

  • 6 Beds

  1629/1631 Carrollton Ave, Indianapolis, IN 46202

  A rare opportunity to own a fully furnished, income-generating duplex in the heart of Indianapolis' premier Kennedy-King neighborhood. This professionally managed property features two spacious units, each currently operating as highly profitable short-term rentals with outstanding occupancy rates. Each unit offers three bedrooms and two and a half bathrooms, fully appointed kitchens, and

  Allison Steck Compass Indiana, LLC

  1629/1631 Carrollton Ave, Indianapolis, IN 46202
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  /21

  $190,000

  $20K PRICE DROP

  • 1 Bed
  • 1 Bath

  955 N Bosart Ave, Indianapolis, IN 46201

  Discover a unique opportunity at 953-955 N Bosart AVE Duplex, INDIANAPOLIS, IN, a distinctive duplex constructed in 1921. This property offers a compelling blend of classic architecture and potential, situated on a generous 5097 square foot lot. Imagine the possibilities for creating a vibrant living space or a strategic investment in a property with enduring character. This duplex presents a

  Deanna Bauer Libertad Real Estate Co., LLC

  955 N Bosart Ave, Indianapolis, IN 46201
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  /4

  $148,000

  $7K PRICE DROP

  • 2 Beds
  • 2 Baths

  1426 N Colorado Ave, Indianapolis, IN 46201

  Welcome to 1426 N Colorado Avenue! Here's your chance to own in the charming Little Flower neighborhood with this versatile 1-bedroom, 1-bath duplex! Whether you're looking to live in one side and rent the other or add a solid asset to your investment portfolio, this property offers great potential. Situated on a desirable corner lot, this cute duplex features a welcoming covered front porch,

  Eric Lantz F.C. Tucker Company

  1426 N Colorado Ave, Indianapolis, IN 46201
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  /15

  $89,900

  • 3 Beds
  • 2 Baths
  • 1,708 Sq Ft

  3902 E Michigan St, Indianapolis, IN 46201

  Great investment opportunity on Indy's near-eastside. This property has been buttoned up on the exterior and interior is ready for a full-scale remodel. Floorplan provides several opportunities to carve out something special. Location is highly visible and quick commute to downtown. Worth a look for the right investor!

  Barry Hines Realty Wealth Advisors

  3902 E Michigan St, Indianapolis, IN 46201
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  /24

  $400,000

  • 3 Beds
  • 2.5 Baths
  • 1,532 Sq Ft

  4350 N Illinois St, Indianapolis, IN 46208

  Charming Colonial-style home on a desirable corner lot just minutes from Broad Ripple and downtown Indianapolis! This 3-bedroom, 2.5 bath home blends classic character with everyday convenience. The inviting floor plan features spacious living areas, abundant natural light, and an unfinished basement offering endless possibilities for storage, a workshop, home gym, or future finished space.

  Lakeshia Adkins eXp Realty, LLC

  4350 N Illinois St, Indianapolis, IN 46208
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  /48

  $670,000

  $29K PRICE DROP

  • 4 Beds
  • 2.5 Baths
  • 2,040 Sq Ft

  9220 Sandbury Rd, Indianapolis, IN 46256

  Looking for acreage without sacrificing style? Tucked among mature trees on 1.24 private acres, this fully renovated home offers designer finishes, main-floor living, and a long list of major updates already completed for you. Completely renovated and further enhanced by its current owners, this four-bedroom, two-and-a-half-bath home is truly move-in ready. Beautiful flooring, designer lighting,

  Kelli Bastin Compass Indiana, LLC

  9220 Sandbury Rd, Indianapolis, IN 46256
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  /18

  $235,000

  • 3 Beds
  • 3.5 Baths
  • 2,079 Sq Ft

  3037 Armory Dr, Indianapolis, IN 46208

  Welcome to this spacious and well-located 3-bedroom, 3 full bath, 1 half bath townhome offering comfort, convenience, and easy access to some of the area's best amenities. Ideally situated near major highway access, commuting is a breeze while still being close to golf courses, hospitals, trails, river access, and local attractions including nearby adventure parks and outdoor recreation. Inside,

  Candice Childs Scott Estates

  3037 Armory Dr, Indianapolis, IN 46208
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  /3

  $299,000

  • Land
  • 2.62 Acres
  • $114,122 per Acre

  300 E Thompson Rd, Indianapolis, IN 46227

  Midland Realty Group presents a ~2.62 acre plot in bustling Indianapolis, primed for development with a D3 zoning! Investment highlights: - ~ 2.62 acres of prime land - Growing, busy area with lots of nearby development - Zoned D3 - perfect for apartments! - Revitalized locale with expanding tax base

  Jhirmal Singh Midland Realty Group, Inc.

  300 E Thompson Rd, Indianapolis, IN 46227
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  /16

  $264,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,295 Sq Ft

  4645 Rookwood Ave, Indianapolis, IN 46208

  Located 1.5 blocks from Butler University, this 2 bedroom, 1 bath home with carport and garage could be a great addition to your investment portfolio. Surrounded by the buzz of University activity, and amongst several student rentals - this could be a charming renovation or long-term buy and hold. Plenty of values in the area. There are two rooms in the upstairs area that could be leased along

  Brian Pachciarz Estansion Group by BLP

  4645 Rookwood Ave, Indianapolis, IN 46208
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  /19

  $449,999

  • 2 Beds
  • 2 Baths

  752 N Elder Ave, Indianapolis, IN 46222

  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

  752 N Elder Ave, Indianapolis, IN 46222
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  /16

  $350,000

  • 1 Bed
  • 1 Bath

  1125 S Keystone Ave, Indianapolis, IN 46203

  Investment Opportunity at 1125 South Keystone Avenue, Indianapolis Attention serious investors seeking immediate, stabilized returns. This fully renovated quadruplex offers a rare combination of guaranteed income and zero deferred maintenance. Positioned in a high demand rental pocket of Indianapolis, this property has been meticulously updated to provide a turn key experience for the next owner.

  Chris Jenkins La Terre Boutique

  1125 S Keystone Ave, Indianapolis, IN 46203
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  /31

  $350,000

  • 3 Beds
  • 2 Baths

  2022 - 2024 N Talbott St, Indianapolis, IN 46202

  Rare investment or custom build opportunity in the heart of historic Herron-Morton Place! This brick-and-frame double has been fully stripped to the studs, offering a true clean slate for an investor or owner-occupant looking to build equity. The 2024 side is well underway with extensive rough-in work nearly completed, including updated electrical, plumbing, and HVAC ductwork. The majority of

  Tom Johnson F.C. Tucker Company

  2022 - 2024 N Talbott St, Indianapolis, IN 46202
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  /20

  $79,900

  • 1 Bed
  • 1 Bath
  • 792 Sq Ft

  1822 Englewood Dr, Indianapolis, IN 46219

  BACK ON MARKET - NO FAULT OF SELLER! Previous buyer was unable to perform, giving you a second chance to take advantage of this unique investment opportunity! Unlock the potential of this versatile property featuring a 1-bedroom, 1-bath home plus an additional vacant parcel, both being offered together for one price. The home offers approximately 2-bedroom potential, providing an opportunity for

  Andrea Garcia Barahona REMAX ONE

  1822 Englewood Dr, Indianapolis, IN 46219
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  /21

  $289,900

  $60K PRICE DROP

  • 4 Beds
  • 4 Baths

  1805 Southeastern Ave, Indianapolis, IN 46201

  Welcome to 1805 Southeastern Ave, a turnkey duplex offering an exceptional investment opportunity in the heart of Indianapolis! This income-producing property is already generating strong cash flow, with both units currently rented for $1,500 per month, bringing the total monthly rental income to $3,000 ($36,000 annually). Each unit is separately metered, helping keep operating expenses low, and

  Justin Wade BLK Key Realty

  1805 Southeastern Ave, Indianapolis, IN 46201
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  /24

  $3,529,200

  • Land
  • 41.52 Acres
  • $85,006 per Acre

  5712 Bluff Rd, Indianapolis, IN 46217

  Prime 41 -acre development opportunity with potential for Single Family or Multi-family use. Ideally situated near I-69 and I-465, this property offers exceptional visibility, making it an excellent investment for future Residential or Multi-family development.

  Bob Lane Carpenter, REALTORS®

  5712 Bluff Rd, Indianapolis, IN 46217
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  /2

  $24,900

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

  915 Eugene St, Indianapolis, IN 46208

  Prime opportunity to build in a growing area of Indianapolis! This residential lot offers the perfect canvas for investors, builders, or buyers looking to create a custom home. Situated in an area experiencing ongoing redevelopment and new construction, this property presents excellent potential for future appreciation.Conveniently located near downtown Indianapolis, major highways, schools,

  Harvir Kaur eXp Realty, LLC

  915 Eugene St, Indianapolis, IN 46208
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  /25

  $169,900

  • 2 Beds
  • 1 Bath

  2446 Paris Ave, Indianapolis, IN 46208

  Don't miss this incredible investment opportunity in Indianapolis, just minutes from downtown! Located on Paris Ave, this property offers. The property features two spacious units, each offering: 2 bedrooms 1 bathroom Recent improvements include: Updated windows, New flooring, Renovated bathrooms, Conveniently located near the Indiana State Fairgrounds, The Children's Museum of Indianapolis, the

  Luis Coronel Realty of America LLC

  2446 Paris Ave, Indianapolis, IN 46208
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  /50

  $169,900

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 905 Sq Ft

  1746 Thaddeus St, Indianapolis, IN 46203

  Prime Opportunity: Spacious Home in a High-Growth Neighborhood. Location is everything, and this home puts you right in the heart of a vibrant, up-and-coming community. Situated on a premier street surrounded by tons of new home construction and recent revitalization, this property offers an exceptional blend of immediate value and long-term potential. The roof and vinyl windows are less than

  Damon Collins Snyder Strategy Realty, Inc

  1746 Thaddeus St, Indianapolis, IN 46203
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  /24

  $243,000

  $2K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,618 Sq Ft

  2287 Rosswood Blvd, Indianapolis, IN 46229

  Investor Opportunity - Turnkey Rental Property Located at 2287 Rosswood Blvd, Indianapolis, IN, this well-maintained single-family residence presents an exceptional turnkey investment opportunity with a tenant already in place, allowing for immediate rental income from day one. Built in 2012, the home offers 1,618 square feet of thoughtfully designed living space, combining modern construction

  Chiquita Watkins Keller Williams Indy Metro NE

  2287 Rosswood Blvd, Indianapolis, IN 46229
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  /50

  $449,900

  • 3 Beds
  • 2 Baths
  • 1,901 Sq Ft

  977 W 26th St, Indianapolis, IN 46208

  Don't miss this exceptional investment opportunity to own two fully remodeled homes for the price of one. Whether you are looking to expand your real estate portfolio, generate rental income, or accommodate multi-generational living, this unique property offers incredible flexibility and value. Each residence has been thoughtfully updated with modern finishes and features brand-new appliances,

  Henry Sarmiento Interiano F.C. Tucker Company

  977 W 26th St, Indianapolis, IN 46208
• 

  

  /19

  $189,900

  • 4 Beds
  • 1 Bath
  • 1,250 Sq Ft

  2504 Collier St, Indianapolis, IN 46241

  Fully renovated turnkey rental! This investment property is projected to cash flow with an IHA lease at $2,464 per month (RTA application already processed w/ IHA, pending inspection) meeting key investor benchmarks. Tenant move-in is scheduled for July 17th-2026. The home has been extensively renovated and features luxury vinyl plank flooring, fresh interior paint, a new bathroom vanity, a tiled

  James Goetz BandWagon Real Estate, LLC

  2504 Collier St, Indianapolis, IN 46241
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  /19

  $167,500

  • 2 Beds
  • 2 Baths
  • 1,016 Sq Ft

  3664 Reflections Ln Unit 3, Indianapolis, IN 46214

  Welcome to 3664 Reflections Lane Unit 3, a beautifully maintained 2-bedroom, 2-bath condominium offering the perfect blend of privacy, convenience, and low-maintenance living on Indianapolis' west side. From the moment you arrive, you'll appreciate the private entrance foyer and attached one-car garage, creating a welcoming entry experience. Inside, abundant natural light fills the spacious

  Kasey Sowders 1 Percent Lists Indiana Real Estate

  3664 Reflections Ln Unit 3, Indianapolis, IN 46214
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  /32

  $234,900

  • 3 Beds
  • 3 Baths
  • 1,928 Sq Ft

  1653 S Delaware St, Indianapolis, IN 46225

  Excellent turnkey investment opportunity at 1653 S Delaware St now available! This tenant-occupied property offers immediate rental income and features 3 bedrooms, 3 full bathrooms, and nearly 2,000 square feet of thoughtfully updated living space. Tenant is on a long term lease, paying $1550/mo and they are responsible for all utilities and lawncare. Rebuilt down to the studs just a few years

  Peter Stewart Keller Williams Indpls Metro N

  1653 S Delaware St, Indianapolis, IN 46225
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  /5

  $69,900

  $15K PRICE DROP

  • 1 Bed
  • 1 Bath

  1344 N Gale St, Indianapolis, IN 46201

  Great investment opportunity! Close to Brookside Park, The Oaks Academy, downtown Indy, shops & restaurants. Come check it out today!!

  Alexander Elston United Real Estate Indpls

  1344 N Gale St, Indianapolis, IN 46201
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  /44

  $239,900

  • 3 Beds
  • 2 Baths
  • 925 Sq Ft

  2643 Eagledale Dr, Indianapolis, IN 46222

  Don't miss this affordable, move-in ready home just minutes from the airport, major commute routes, and the Indianapolis Motor Speedway-offering the perfect blend of a quiet neighborhood setting with no HOA and easy access to everything the city has to offer. You'll immediately notice the extensive updates and modern finishes throughout, including all new flooring, fresh paint, a completely

  Katherine Ward CrestPoint Real Estate

  2643 Eagledale Dr, Indianapolis, IN 46222
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  /26

  $134,000

  • 3 Beds
  • 1 Bath
  • 933 Sq Ft

  6225 Raleigh Dr, Indianapolis, IN 46219

  This ranch-style home offers the comfort of single-level living with a layout that makes the most of every square foot. From the moment you arrive, you'll appreciate its inviting feel and the opportunity to make it your own. Whether you're looking for a first home, a place to downsize, or an investment property, this one is worth a closer look. Built in 1948, this home offers 933 square feet of

  Terry Young Red Bridge Real Estate

  6225 Raleigh Dr, Indianapolis, IN 46219
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  /19

  $154,900

  $5K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,772 Sq Ft

  328 S Grand Ave, Indianapolis, IN 46219

  **Turn-key rental opportunity located between Irvington and Christian Park** This 3 bedroom home has been recently updated and is currently tenant occupied at $1500 per month. Tenant lease in place until June 1st, 2027. Primary bedroom is located on the main level with two additional bedrooms upstairs. Kitchen includes stainless appliances, granite counters, and newer cabinetry. Here's your

  Brian Pachciarz Estansion Group by BLP

  328 S Grand Ave, Indianapolis, IN 46219
• 

  

  /26

  $184,900

  • 4 Beds
  • 2 Baths

  1256 W 33rd St, Indianapolis, IN 46208

  Fully renovated duplex in an up-and-coming neighborhood offering exceptional investment potential. Each unit features 2 bedrooms and 1 full bathroom with thoughtfully updated interiors throughout. Recent improvements include new drywall, fresh interior and exterior paint, brand-new kitchens with modern finishes, fully renovated bathrooms, and a new roof. Whether you're looking to owner-occupy or

  Hayley Wild Compass Indiana, LLC

  1256 W 33rd St, Indianapolis, IN 46208
• 

  

  /16

  $140,000

  $10K PRICE DROP

  • 5 Beds
  • 2.5 Baths
  • 1,862 Sq Ft

  642 Udell St, Indianapolis, IN 46208

  You won't want to miss out on this investment opportunity. Large 5 bedroom 2.5 bath home featuring a fenced in back yard, 2 main level bedrooms, and a finished attic area for many different uses. You will be hard pressed to find a better investment in the area.

  Daniel Witte Witte Realty Group LLC

  642 Udell St, Indianapolis, IN 46208

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