Investment - Homes for Sale in Indianapolis, IN

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  /37

  $329,900

  • 6 Beds
  • 2 Baths

  1514 Ringgold Ave, Indianapolis, IN 46203

  Located just outside of downtown and minutes from Fountain Square and Garfield Park, this fully renovated 3-bedroom, 1-bath (per side) duplex is truly move-in ready. Each unit has been thoughtfully updated and features fresh, neutral paint throughout, carpeting, luxury vinyl plank flooring, and modern finishes. The spacious kitchen offers abundant cabinetry, newer countertops, and comes fully

  

  Lindsay Adams

  Pillario Property Management LLC

  (317) 943-5207

  1514 Ringgold Ave, Indianapolis, IN 46203
• Explore Indianapolis

• 

  

  

  /19

  $110,000

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  3209 N Tacoma Ave, Indianapolis, IN 46218

  Investor alert! Solid 2-bedroom, 1-bath home with full basement and 2-car detached garage in an up-and-coming neighborhood with several recently updated homes nearby. Conveniently located near Washington Park - featuring a mountain bike skills park, playground, disc golf course, and the IMPD North District station - this property at 3209 N Tacoma Ave, Indianapolis is a strong addition to any

  

  Fred Krawczyk

  Envoy Real Estate, LLC

  (317) 699-8687

  3209 N Tacoma Ave, Indianapolis, IN 46218
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  /8

  $200,000

  • 3 Beds
  • 1 Bath
  • 1,512 Sq Ft

  3850 Bennett Ct, Indianapolis, IN 46254

  Perfect Investment opportunity or Reno loan to make it your own primary residence! Great floor plan with the most potential. Dining room could be second living room or even another bedroom. Primary bedroom has a 11x6 walk-in closet and attached office. 30x20 Sunroom/screened in porch perfect to use in all seasons! Large storage shed, fenced in back yard with a waterfall feature and beautiful

  

  Brian Smith

  Great Woods Realty LLC

  (317) 458-2730

  3850 Bennett Ct, Indianapolis, IN 46254
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  /21

  $135,000

  • 2 Beds
  • 1 Bath
  • 800 Sq Ft

  754 N Holmes Ave, Indianapolis, IN 46222

  Turnkey investment opportunity near the Indianapolis Motor Speedway and Downtown Indy. This recently updated 2-bedroom, 1-bath home was rented for $1,250/month as of October 2025 and is positioned well for long-term, mid-term, or short-term rental strategies. Key updates include a 2022 roof, tankless water heater for lower utility expenses, and all major appliances replaced in 2021 or newer.

  

  Taylor Thomas

  eXp Realty, LLC

  (317) 676-2293

  754 N Holmes Ave, Indianapolis, IN 46222
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  /6

  $150,000

  • 2 Beds
  • 2 Baths
  • 1,080 Sq Ft

  2742 N Dearborn St, Indianapolis, IN 46218

  Fully Rebuilt Home --- Originally built in 1954 and taken down to the foundation and completely rebuilt in 2019, offering the feel and efficiency of a newer construction with modern finishes throughout. The interior is clean, well-maintained, and features durable luxury vinyl plank flooring, neutral tones, and a functional layout designed for comfortable living. --- The property sits on a

  

  Jeff Cloyd

  RE/MAX Advanced Realty

  (317) 215-5233

  2742 N Dearborn St, Indianapolis, IN 46218
• 

  

  /23

  $110,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  3424 Orchard Ave, Indianapolis, IN 46218

  Investor Special! Rent-Ready Bungalow Near Fairgrounds! This is a great opportunity for investors looking for a turnkey rental! This charming 2-bedroom, 1-bath bungalow is rent-ready. Features include updated vinyl flooring, a Jack & Jill style bathroom, brand-new windows, and a new roof. The spacious, clean basement offers additional living space or storage potential. A large backyard provides

  

  Ilanit Gat

  F.C. Tucker Company

  (317) 779-2915

  3424 Orchard Ave, Indianapolis, IN 46218
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  /4

  $220,000

  • 2 Beds
  • 2 Baths

  1073 W 27th St, Indianapolis, IN 46208

  Exceptional Duplex Investment - Rebuilt in 2019 Near IU Med & Downtown Indy! --- Originally built in the early 1900s and completely reconstructed down to the foundation in 2019, this modern duplex offers the charm of a historic neighborhood with the comfort of a nearly new home. Each side features 2 bedrooms, 1.5 baths, open-concept living, updated kitchens, and separate utilities including

  

  Jeff Cloyd

  RE/MAX Advanced Realty

  (317) 666-6836

  1073 W 27th St, Indianapolis, IN 46208
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  /41

  $315,000

  • 3 Beds
  • 3 Baths
  • 1,735 Sq Ft

  2224 N Kenwood Ave, Indianapolis, IN 46208

  Completely renovated and truly turnkey, this Meridian Highlands home offers space, style, and flexibility just minutes from downtown Indianapolis and the IU Methodist Hospital campus. The main level features a bright, open-concept kitchen, dining, and living area with soaring 10-foot ceilings that create an airy, welcoming feel. The renovation was done right-new electrical, plumbing, HVAC and

  

  Justin Capps

  Ferris Property Group

  (317) 623-4399

  2224 N Kenwood Ave, Indianapolis, IN 46208
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  /78

  $214,900

  • 3 Beds
  • 2.5 Baths
  • 1,888 Sq Ft

  2257 Brookside Ave, Indianapolis, IN 46218

  Discover the charm of this recently updated Arts & Crafts-style home, conveniently located in the Near Eastside. A welcoming facade opens to a spacious great room, where natural light highlights the home's character. With 3 bedrooms, 2.5 baths, and a dedicated office-recent updates enhance both comfort and efficiency, while the unfinished basement provides storage or future potential space. A

  Chris Price Keller Williams Indy Metro S

  2257 Brookside Ave, Indianapolis, IN 46218
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  /35

  $124,900

  • 2 Beds
  • 1 Bath
  • 948 Sq Ft

  2009 Gent Ave, Indianapolis, IN 46202

  The work has been done and your new home awaits in historic Riverside Park! This 2 Bedroom, 1 Bathroom home sits proudly on a corner lot with a large Backyard. Newer updates bring a fresh feel and modern comfort to this gem. In addition, its close proximity to community parks, the White River, vibrant downtown Indianapolis, and more make this house ideal for your own home or your next investment

  Chris Price Keller Williams Indy Metro S

  2009 Gent Ave, Indianapolis, IN 46202
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  /20

  $19,500

  • Land
  • 0.15 Acre
  • $130,000 per Acre

  2410 Adams St, Indianapolis, IN 46218

  2410 Adams St, Indianapolis, IN 46218$ Affordable Opportunity | 6,500 sq ft (0.15 acres) | Zoned Single-FamilyHere’s your chance to own an affordable residential lot in the heart of Indianapolis. This 0.15-acre parcel (approx. 6,500 sq ft) is perfectly located in a neighborhood that is seeing steady revitalization, just minutes from downtown. With its prime positioning and

  Barad Zrien JJ investments inc

  2410 Adams St, Indianapolis, IN 46218
• 

  

  /21

  $19,000

  • Land
  • 0.18 Acre
  • $105,556 per Acre

  523 W 28th St, Indianapolis, IN 46208

  Don’t miss this rare opportunity to secure a prime 0.18-acre residential lot in one of Indianapolis’s fastest-rising neighborhoods. Perfectly located just minutes from downtown, this property combines convenience, growth potential, and affordability, making it an excellent choice for homeowners, builders, and investors alike.This flat, clear, and ready-to-build parcel is zoned residential

  Barad Zrien JJ investments inc

  523 W 28th St, Indianapolis, IN 46208
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  /20

  $19,000

  • Land
  • 0.09 Acre
  • $211,111 per Acre

  1030 W 29th St, Indianapolis, IN 46208

  Prime 30x126 Residential Lot - 1030 W 29th St, Indianapolis, IN 462083,780 Sq Ft | Zoned Single-Family | Seller Financing AvailableHere’s your chance to secure an affordable 30 ft x 126 ft residential lot in the highly desirable Riverside neighborhood of Indianapolis. At 3,780 sq ft, this parcel is the perfect blank canvas, ideal for a custom dream home, a build-to-rent property,

  Barad Zrien JJ investments inc

  1030 W 29th St, Indianapolis, IN 46208
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  /26

  $175,000

  • 3 Beds
  • 3.5 Baths
  • 1,568 Sq Ft

  10346 Starview Dr, Indianapolis, IN 46229

  Welcome to 10346 Starview Drive, Indianapolis, a well-positioned investment opportunity offering immediate rental income with a tenant currently in place. This home features a functional layout with comfortable living spaces and strong rental appeal, making it a solid addition to an investor's portfolio. The property is tenant-occupied, providing cash flow from day one. Located with convenient

  Mark Jones PMI Midwest

  10346 Starview Dr, Indianapolis, IN 46229
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  /8

  $105,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  930 N Kealing Ave, Indianapolis, IN 46201

  Looking for a reliable rental in a convenient location? This Indianapolis bungalow offers a solid investment with minimal hassle. Renovated in March 2024 and currently leased at $950/month through May 2026, it's a turn-key opportunity with income already in place. The home features 2 bedrooms, 1 bathroom, and an unfinished basement that provides useful storage or potential future value. Situated

  Eric Forney Keller Williams Indy Metro S

  930 N Kealing Ave, Indianapolis, IN 46201
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  /30

  $144,900

  • 2 Beds
  • 1 Bath
  • 912 Sq Ft

  321 S Lyons Ave, Indianapolis, IN 46241

  $10,000 Homebuyer Grant Available! Updated/Move In Ready 2 Bedroom Home with Basement and Fenced in Backyard on a Quiet Street! Recent Updates - New Kitchen, Updated Bathroom, Fresh Paint, Refinished Hardwood Floors, New Interior Doors, and New Fixtures! Nice Size Living Room and Dining Area with Hardwood Floors; Updated Kitchen with New Cabinets, Countertops, Kitchen Appliances; Large Primary

  Carlos Higareda eXp Realty LLC

  321 S Lyons Ave, Indianapolis, IN 46241
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  /9

  $245,000

  • 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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  /27

  $124,900

  • 3 Beds
  • 1 Bath
  • 1,200 Sq Ft

  2616 Eastern Ave, Indianapolis, IN 46218

  Step inside this charming bungalow and you'll immediately feel the warmth and character that make it stand out. With its simple layout and welcoming spaces, this home offers a great opportunity for anyone looking for comfort and convenience on one level. It's the kind of place that draws you in and makes you want to see more. Built in 1910, this single-level SFR offers 960 square feet of living

  Terry Young Red Bridge Real Estate

  2616 Eastern Ave, Indianapolis, IN 46218
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  /4

  $1,200,000

  • Land
  • 1.58 Acres
  • $759,494 per Acre

  5436 Brookville Rd, Warren Park, IN 46219

  Prime commercial opportunity on 1.54 acres across two parcels! Zoned C-3, this property offers excellent versatility for a variety of uses including daycare, community center, consumer services, laundromat, funeral home, and more. Previously operating as a gas station, the site may offer potential for fuel service use again. All utilities are available at the site, and the location provides

  Shelly Johnson Keller Williams Indy Metro S

  5436 Brookville Rd, Warren Park, IN 46219
• 

  

  /11

  $114,900

  • 2 Beds
  • 1 Bath
  • 1,008 Sq Ft

  642 N Oxford St, Indianapolis, IN 46201

  An incredible investment opportunity in the Rivoli Park neighborhood on Indy's vibrant Near-Eastside. This 2 bed, 1 bath home has been vacant for 5+ years but is in remarkably good condition and could easily be livable with some minor improvements.

  Jay Pearl Elevate 317 Realty LLC

  642 N Oxford St, Indianapolis, IN 46201
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  /4

  $475,000 New Construction

  • 6 Beds

  4237 Evanston Ave, Indianapolis, IN 46205

  Proposed New Construction Duplex | Nickel Plate Village Introducing a brand-new Duplex investment opportunity in the highly desirable Fairgrounds neighborhood. Each unit features a spacious 3-bedroom, 2-bath layout, ranging from 1250 to 1374 square feet, offering modern design, open living spaces, and quality craftsmanship throughout. With projected rents of $1,900 per unit, this property

  Zachary Douglas Canull Group LLC

  4237 Evanston Ave, Indianapolis, IN 46205
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  /18

  $109,900

  • 1 Bed
  • 1 Bath
  • 636 Sq Ft

  3005 5th Ave E, Indianapolis, IN 46221

  Located at 3005 5th AVE E, Indianapolis, IN, this single-family residence presents a compelling prospect for the astute investor or handy homeowner seeking a promising opportunity. With a generous 15,594 square foot lot, this property offers ample outdoor space for potential expansion or landscaping endeavors. This 636 square foot residence, with one bedroom and one full bathroom, is an

  Braulio Moreno F.C. Tucker Company

  3005 5th Ave E, Indianapolis, IN 46221
• 

  

  /20

  $187,500

  • 3 Beds
  • 1 Bath
  • 1,248 Sq Ft

  2644 Woodrow Ave, Indianapolis, IN 46241

  Located at 2644 Woodrow Ave in Indianapolis, this 3 bedroom/1 bath ranch offers a rare blend of value, space, and major mechanical upgrades. Originally built as the builder's model home, this property was designed to showcase the best of its era and offers a solid foundation with thoughtful layout and character. The floor plan features three comfortable bedrooms and an additional family room,

  Amanda Phelps BluPrint Real Estate Group

  2644 Woodrow Ave, Indianapolis, IN 46241
• 

  

  /4

  $499,900

  • Land
  • 0.11 Acre
  • $4,544,545 per Acre

  358 W 29th St, Indianapolis, IN 46208

  Discover a unique investment opportunity in the heart of Indianapolis! This expansive property comprises five adjacent lots on the city's west side, close to major interstates and the beloved Children's Museum. Each lot measures 40 ft x 138 ft, offering a combined total of 27,600 sq. ft. Whether you're envisioning a new residential community, multifamily housing, or commercial development, these

  Charlene Gaard No Limit Real Estate, LLC

  358 W 29th St, Indianapolis, IN 46208
• 

  

  /56

  $429,000

  • 7 Beds
  • 5 Baths

  5917 Carrollton Ave, Indianapolis, IN 46220

  Discover an incredibly rare investment opportunity at 5917 Carrollton Ave, located in the heart of Indy's coveted A-Class Broad Ripple neighborhood. Just steps from the Monon Trail, the Canal, and the vibrant shops, bars, and dining of Broad Ripple Ave, this property offers unbeatable walkability and central convenience. This converted limestone ranch has been thoughtfully transformed into a

  Peter Stewart Keller Williams Indpls Metro N

  5917 Carrollton Ave, Indianapolis, IN 46220
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  /26

  $150,000

  • 2 Beds
  • 2 Baths
  • 1,407 Sq Ft

  6753 E 17th St, Indianapolis, IN 46219

  Property is being sold As-Is. Opportunity awaits on the east side of Indianapolis with this 2-bedroom, 2-bath ranch home, with a 2 year old roof and new double pane windows whole house, that offers character, flexibility, and the chance to make it your own. Set on a treelined lot with no HOA, this home provides privacy and freedom that's increasingly rare. Step inside to a formal living room that

  Eric Forney Keller Williams Indy Metro S

  6753 E 17th St, Indianapolis, IN 46219
• 

  /2

  $140,000

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  4339 Spann Ave, Indianapolis, IN 46203

  Don't miss this delightful 2-bedroom, 1-bathroom single-family home situated in the sought-after Christian Park neighborhood. With a surge of investment flowing into the area, now is an ideal time to invest in this promising community. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an investor looking to add to their portfolio. The home is currently

  Andy Tresize Compass Indiana, LLC

  4339 Spann Ave, Indianapolis, IN 46203
• 

  

  /45

  $309,000

  • 4 Beds
  • 2 Baths

  149 & 151 Leota St, Indianapolis, IN 46202

  Check out this incredible investment opportunity just north of Fountain Square! With quick access to downtown, highways, and multiple cultural districts, this location is hard to beat. 149 Leota St has historically been used as a mid-term rental, consistently generating $1,750/mo. 151 Leota St was recently renovated and is currently on the market for $1,300/mo as a traditional long term rental.

  Joel Newman Blue Sky Realty Group

  149 & 151 Leota St, Indianapolis, IN 46202
• 

  

  /22

  $140,000

  • 3 Beds
  • 1 Bath
  • 1,079 Sq Ft

  5429 E Burgess Ave, Indianapolis, IN 46219

  This 2-bedroom, 1-bath home offers over 1000 sq feet of comfortable living space and brings in $850 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 school, parks, and major roads. A dependable investment with consistent cashflow.

  Thomas Colvin eXp Realty, LLC

  5429 E Burgess Ave, Indianapolis, IN 46219
• 

  

  /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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  /19

  $379,999

  • 4 Beds
  • 2 Baths

  5115 Banbury Rd, Indianapolis, IN 46226

  Income-Producing Quadplex Located in Marion County, this all-brick quadplex presents an outstanding value-add investment opportunity. Two of the four units are currently leased at 1,100 per month, providing immediate income, while the remaining two units are vacant and ready for rehab. This setup allows an investor to earn revenue from day one while renovating the vacant units to their own

  Todd Burton Berkshire Hathaway Home

  5115 Banbury Rd, Indianapolis, IN 46226
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  /26

  $115,000

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  2329 Saint Paul St, Indianapolis, IN 46203

  Looking for a smart investment or your first cozy home to make your own? This two-bedroom, one-bath house packs a lot of potential into 672 square feet. Whether you're downsizing or diving into a fixer-upper, this home is ready for your personal touch. Step outside and you'll find a generously sized yard-perfect for gardening, backyard BBQs, or room for the kids and pets to play. The quiet street

  Stephanie Hampton Traditions Realty, LLC

  2329 Saint Paul St, Indianapolis, IN 46203
• 

  

  /13

  $142,500

  • 2 Beds
  • 1 Bath
  • 932 Sq Ft

  1615 N Exeter Ave, Indianapolis, IN 46222

  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

  1615 N Exeter Ave, Indianapolis, IN 46222
• 

  

  /45

  $225,000

  • 2 Beds
  • 2 Baths
  • 882 Sq Ft

  1413 S New Jersey St, Indianapolis, IN 46225

  Here's a super charming 2 bed 2 bath house on the best street in the heart of Bates-Hendricks. This thoughtfully renovated bungalow sits just minutes from Fountain Square, the Monon, the Cultural Trail, and all downtown Indy has to offer. Updated in 2017, the home features modern systems and finishes throughout, including the roof, HVAC, plumbing, electrical, thermal windows, and fiber cement

  Daniel O'Brien Trueblood Real Estate

  1413 S New Jersey St, Indianapolis, IN 46225
• 

  

  /15

  $679,000 New Construction

  • 8 Beds

  2954 Macpherson Ave, Indianapolis, IN 46205

  Brand-New 4-Unit Multifamily Building in Monon Yard - Under Construction. Presenting an exceptional opportunity to own a newly constructed four-unit apartment building located in the growing Monon Yard neighborhood. Currently under construction, this purpose-built multifamily asset is designed for strong rental performance, modern tenant appeal, and low-maintenance long-term ownership. Each of

  Daniel McNeal @properties

  2954 Macpherson Ave, Indianapolis, IN 46205
• 

  

  /10

  $125,000

  • 3 Beds
  • 1 Bath

  1846 W Lambert St, Indianapolis, IN 46221

  Congratulations, you just found the best deal in town: side-by-side duplex with separate electric in amazing area. Needs work. Market rent est. ~$2,600/mo., $1,300/side. Amazing investment potential. Looking for fastest close and least hassle. Seller would like to use Hocker title as they have already done preliminary title work. Duplex has 6 beds 2 baths total, 3 beds 1 bath per side.

  Joshua Vida Paradigm Realty Solutions

  1846 W Lambert St, Indianapolis, IN 46221
• 

  

  /13

  $375,000 New Construction

  • 2 Beds
  • 2 Baths

  213 Jefferson Ave, Indianapolis, IN 46201

  Turnkey New Construction Duplex! Strong Cash Flow & Upside Unit Mix: 2 bed/2 bath per unit x2 Units! Projected Monthly Rent: $1,680 (2x2) / $3,360 Gross Monthly Total Units: 2 Step into this new construction duplex in the revitalizing near eastside neighborhood, one of Indy's fastest growing corridors for residential and mixed-use development. This turnkey asset is designed for strong cash flow,

  Ed Neu Neu Real Estate Group

  213 Jefferson Ave, Indianapolis, IN 46201
• 

  

  /14

  $164,900

  • 2 Beds
  • 1 Bath
  • 796 Sq Ft

  2510 S Pennsylvania St, Indianapolis, IN 46225

  Solid 2-Bedroom Opportunity Near Downtown - Perfect for Investors! New furnace installed in December 2025. This home has great bones and is ready for your finishing touches! Featuring 2 bedrooms and 1 bath, it's ideally located close to downtown, shopping, and IPS schools-making it a smart choice for a flip, rental, or Airbnb investment. Currently rented on a month-to-month lease, this property

  Todd Campbell United Real Estate Indpls

  2510 S Pennsylvania St, Indianapolis, IN 46225
• 

  

  /78

  $415,000

  • 8 Beds
  • 4 Baths

  1036 N Parker Ave, Indianapolis, IN 46201

  Turnkey, cash-flowing, and beautifully transformed-this luxury duplex sits on a large lot in the heart of downtown. Both units have been completely updated with modern finishes, new systems, and high-quality materials. Property includes a detached garage, rare outdoor space, and strong rental income from day one. A premium, hassle-free investment opportunity in one of Indy's fastest-growing

  Chris Price Keller Williams Indy Metro S

  1036 N Parker Ave, Indianapolis, IN 46201
• 

  

  /57

  $395,000

  • 7 Beds
  • 1 Bath

  1102 N Oakland Ave, Indianapolis, IN 46201

  This attractive triplex has the historical charm from 1913, is in great condition, and been well maintained by the current owner. The 2 larger units have a first and second floor with tons of space. The third apartment was built out by the current owner and has a long term tenant. The kitchen's complemented by shaker cabinets that offer a blend of classic style and modern functionality. Crown

  Doug Dilling United Real Estate Indpls

  1102 N Oakland Ave, Indianapolis, IN 46201

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