Investment - Homes for Sale in Indianapolis, IN

• 

  

  /2

  $29,900

  • Land
  • 5,662 Sq Ft
  • $230,000 per Acre

  958 N Sheffield Ave, Indianapolis, IN 46222

  Residential vacant lot for sale-Prime Location! Fantastic investment opportunity near IUPUI Campus, Downtown Indianapolis, and the White River. Conveniently located with easy access to major amenities, this lot is ideal for building your dream home or developing an income property. Lot dimensions: 114x153. Total area: 0.40 acres/17,442 sqft. Don't miss out on this great opportunity in a growing

  xue jiang T L C Real Estate Group

  958 N Sheffield Ave, Indianapolis, IN 46222
• 

  

  

  /21

  $245,000

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

  4107 Eisenhower Dr, Indianapolis, IN 46254

  This 4 bedroom, 2 full bath home offers an open and inviting floor plan with kitchen appliances included and laminate flooring throughout the main level. With a few personal touches, you can create instant equity and make it your own! Perfect as an investment property to add to your portfolio or as a first home to grow into. Conveniently located just a short commute to downtown Indy with easy

  Darrius Wallace Dropped Members

  4107 Eisenhower Dr, Indianapolis, IN 46254
• 

  

  

  /20

  $119,000

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 728 Sq Ft

  651 Division St, Indianapolis, IN 46221

  This cozy 2-bedroom home sits in one of the hottest up and coming areas of Indy. Located within walking distance to Lucas Oil Stadium and the Convention Center and only blocks from The Elanco Global Headquarters and other planned development. New paint and flooring throughout. New kitchen upgrades and new hot water heater. Multiple investment possibilities with this; it is rent ready to hold as

  Joe Sullivan Sullivan Realty Group, LLC

  651 Division St, Indianapolis, IN 46221
• 

  

  

  /59

  $309,999

  Open Sun 2PM - 4PM $20K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,228 Sq Ft

  5858 Dewey Ave, Indianapolis, IN 46219

  Looking for your next home? Perhaps you're looking for an Airbnb or short-term rental? Or you're after a profitable investment property? Your search is officially over! Charm, character, and convenience come together beautifully in this classic Irvington gem. Currently run as an active Airbnb, this home is ready for its next owner. Perfectly positioned within walking distance to Irvington's

  Annie Caruso Circle Real Estate

  5858 Dewey Ave, Indianapolis, IN 46219
• 

  

  

  /13

  $375,000

  • 5 Beds
  • 4 Baths

  8717 Maze Rd, Indianapolis, IN 46259

  Beautiful investment opportunity in the heart of Franklin Township! This lovely lot features two separate units (main house and detached ADU) that are both updated and fully leased. Main house is leased for $2400/month, while the ADU brings in $1250/month. Perfect for any investor looking to expand their portfolio. Don't miss this one!

  Scott Veerkamp My Agent

  8717 Maze Rd, Indianapolis, IN 46259
• 

  

  /23

  $190,000

  • 1 Bed
  • 1 Bath
  • 756 Sq Ft

  46 Jefferson Ave, Indianapolis, IN 46201

  Welcome to this cozy one-bedroom storybook home that has been completely remodeled from top to bottom! Nearly every detail has been updated, offering the charm of a classic home with the comfort and convenience of modern improvements. The extensive renovation includes a new roof, roof decking and gutters, new vinyl siding, all-new electrical and plumbing, new floor joists and subflooring, new

  Denis O'Brien Keller Williams Indy Metro Partners

  46 Jefferson Ave, Indianapolis, IN 46201
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  /32

  $1,149,000

  $51K PRICE DROP

  • 5 Beds
  • 5 Baths
  • 3,958 Sq Ft

  429 W 86th St, Indianapolis, IN 46260

  Modern Luxury in Surrey Park: Your Private Indianapolis Oasis Welcome to a masterpiece of modern architecture. This 5BD/5BA retreat in Surrey Park is more than a home-it's a lifestyle statement. Designed with clean lines and high-end finishes, this property is perfect for the discerning buyer seeking a turnkey, ultra-modern sanctuary or a premium investment for executive corporate housing. A

  Chas Schaffernoth F.C. Tucker Company

  429 W 86th St, Indianapolis, IN 46260
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  /40

  $355,000

  • 3 Beds
  • 2 Baths
  • 2,740 Sq Ft

  3136 E Edgewood Ave, Indianapolis, IN 46227

  RARE STORYBOOK BUNGALOW RETREAT Nestled on a private, wooded, one-acre lot, surrounded by mature trees and lush landscaping, this beautifully restored bungalow offer over 2,500 square feet of thoughtfully updated living space. Featuring 3 bedrooms and 2 full bathrooms, this historic home, built in 1905, has undergone an extensive renovation while preserving the character and charm that make it

  Kylie Brooke Epique Inc

  3136 E Edgewood Ave, Indianapolis, IN 46227
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  /110

  $659,999

  $90K 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

  $154,900

  $10K PRICE DROP

  • 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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  /5

  $140,000

  $10K PRICE DROP

  • 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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  /78

  $525,000

  • 3 Beds
  • 2.5 Baths
  • 2,588 Sq Ft

  3699 N Delaware St, Indianapolis, IN 46205

  Up to 15K Lender Credit Available | One-Of-A-Kind All-Brick Historic Home Featuring German Revival Architecture, A Newer 100-Year Slate Roof And Located On The Most Breathtaking Block In Indianapolis - Meridian Park & Meridian Kessler Adjacent | 5k Lender Credit Available | 3 bed, 2.5 baths & 3,800+ total sqft | This is your chance to be the 4th owner of this incredible home that boasts original

  Natalie Clayton Maywright Property Co.

  3699 N Delaware St, Indianapolis, IN 46205
• 

  

  /21

  $164,900

  $15K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 784 Sq Ft

  2319 E Gimber St, Indianapolis, IN 46203

  Charming 2-bedroom home with updates galore! This well-maintained 2-bedroom, 1-bath home offers comfort, convenience, and excellent value. Enjoy a spacious backyard, a deck and fenced yard perfect for entertaining, plus a garage and shed with power, including a separate electrical box in the garage. Ideally located on a quiet Indianapolis street adjacent to Sarah Shank Golf Course, with quick

  Melanie Roberts Keller Williams Indy Metro Partners

  2319 E Gimber St, Indianapolis, IN 46203
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  /27

  $267,000

  $2K PRICE DROP

  • 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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  /42

  $199,995

  • 4 Beds
  • 2 Baths
  • 1,916 Sq Ft

  55 N Chester Ave, Indianapolis, IN 46201

  Fully rehabbed and truly turnkey investment opportunity! This beautifully renovated 4-bedroom, 2-bath home is the perfect addition to any rental portfolio, offering immediate cash flow with reliable long-term tenants already in place. The current lease runs through May 31, 2027, providing steady rental income from day one. The home has been extensively updated inside and out, including new

  Mariah Hernandez BluPrint Real Estate Group

  55 N Chester Ave, Indianapolis, IN 46201
• 

  

  /10

  $239,000

  • 3 Beds
  • 2 Baths

  1201 Wade St, Indianapolis, IN 46203

  Excellent investment opportunity just minutes from Garfield Park! This unique property features two completely separate homes on one parcel, each with its own utilities, central A/C, private living space, and fenced yard access. The front home currently rents for $1,255/month and the rear home rents for $1,045/month, providing immediate rental income. Conveniently located near Garfield Park,

  Tasheana Hanza Hanza Realty, LLC

  1201 Wade St, Indianapolis, IN 46203
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  /30

  $214,900

  • 3 Beds
  • 2.5 Baths
  • 1,721 Sq Ft

  7232 Wyatt Ln, Indianapolis, IN 46217

  Nestled in the vibrant city of Indianapolis, Indiana, discover the inviting condominium residence awaiting at 7232 Wyatt LN. Built in 2005, this home offers a comfortable living experience either as a family home or investment property. Newly updated with new paint and carpeting. Within this two-story condominium, you will find three bedrooms offering private spaces for rest. The home includes

  Jordan Stamper @properties

  7232 Wyatt Ln, Indianapolis, IN 46217
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  /51

  $249,000

  $35K 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

  Dee Carter Highgarden Real Estate

  315 W 43rd St, Indianapolis, IN 46208
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  /24

  $330,000

  $30K PRICE DROP

  • 5 Beds
  • 4 Baths

  1920 E Washington St, Indianapolis, IN 46201

  Fantastic investment opportunity in the heart of downtown Indianapolis! This fully updated triplex at 1920 E. Washington Street offers immediate cash flow with additional upside potential. The property features a spacious 3-bedroom, 1.5-bath unit currently rented for $1,500 per month, an upstairs 1-bedroom, 1-bath unit leased for $925 per month, and a studio unit at 1922 that is currently vacant

  Craig Greenwood Trueblood Real Estate

  1920 E Washington St, Indianapolis, IN 46201
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  /11

  $59,900

  • Land
  • 4,356 Sq Ft
  • $599,000 per Acre

  29 N Keystone Ave, Indianapolis, IN 46201

  Surrounded by completed and currently underway developments, this perfectly located lot, at Keystone Ave and Washington St, is ready for its developer's investment vision! It's ready to go, boasts the significant investments around it, with multiple brand new short-term rentals, single family housing, and an IndyGo transit stop steps away, for endless future financial growth opportunity!!

  Brandon Cooper The Cooper Real Estate Group

  29 N Keystone Ave, Indianapolis, IN 46201
• 

  

  /18

  $110,000

  • 2 Beds
  • 1 Bath
  • 514 Sq Ft

  2522 N Harding St, Indianapolis, IN 46208

  Investors Welcome! This tenant occupied 2 bedroom 1 bath home offers immediate rental income and strong investment potential. The home features a spacious living room, kitchen equipped with a stove and refrigerator, a large bathroom, washer and dryer, and a large fenced in back yard. Conveniently located just minutes from downtown, shopping, dining, and other amenities. Add this cash flowing

  Edwin Watson Triple E Realty, LLC

  2522 N Harding St, Indianapolis, IN 46208
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  /3

  $115,000

  $10K PRICE DROP

  • 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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  /4

  $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
• 

  /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
• 

  

  /50

  $609,900

  Open Sat 2PM - 4PM $10K PRICE DROP

  • 5 Beds
  • 4 Baths
  • 3,820 Sq Ft

  6502 Landborough South Dr, Indianapolis, IN 46220

  Welcome to a truly one-of-a-kind property where timeless character, incredible space, and endless possibilities come together. Nestled on one of the most desirable lots in the neighborhood and spanning over an acre, this impressive 3,800+ square-foot home offers the perfect setting for a growing family or an outstanding investment opportunity. Inside, you'll find five spacious bedrooms, 2 full

  Jacob Purichia Real Broker, LLC

  6502 Landborough South Dr, Indianapolis, IN 46220
• 

  

  /21

  $199,900

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,299 Sq Ft

  727 Terrace Ave, Indianapolis, IN 46203

  Finally! An affordable home that's move in ready downtown, 727 Terrace Avenue! This recently renovated two bedroom, one bath home offers comfortable living with updates already completed for peace of mind. The HVAC and central air system are only a few years old, while the roof was replaced in 2025. New flooring and carpet throughout give the home a fresh, modern feel, complemented by matching

  Terry Evans Empire Real Estate LLC

  727 Terrace Ave, Indianapolis, IN 46203
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  /56

  $475,000

  Open Sun 12PM - 2PM

  • 3 Beds
  • 2 Baths
  • 2,549 Sq Ft

  6040 Broadway St, Indianapolis, IN 46220

  Imagine finding the perfect blend of timeless character and modern living. This beautifully restored 1940s home has been completely updated from the studs out, offering the charm of a classic home with the comfort, efficiency, and technology today's buyers expect. Every detail has been thoughtfully renovated while preserving the home's original character and architectural appeal. The extensive

  Melody Jones F.C. Tucker Company

  6040 Broadway St, Indianapolis, IN 46220
• 

  

  /18

  $179,000

  $21K PRICE DROP

  • 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
• 

  

  /24

  $230,000

  $5K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,281 Sq Ft

  1765 E Tabor St, Indianapolis, IN 46203

  ** Opportunity Awaits at 1765 Tabor Drive, Indianapolis, IN 46203!** Bring your vision and unlock the potential of this **4-bedroom, 2-bathroom** home located in an established neighborhood on Indianapolis' southeast side. Whether you're an investor searching for your next project or a homeowner looking to create your dream space, this property offers incredible value and endless possibilities.

  Dana Barrett Forever Change LLC

  1765 E Tabor St, Indianapolis, IN 46203
• 

  

  /10

  $65,000

  $8K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 720 Sq Ft

  2736 N Dearborn St, Indianapolis, IN 46218

  Opportunity is knocking! This 2-bedroom, 1-bathroom home in the growing Martindale-Brightwood neighborhood offers an affordable entry point for investors, renovators, or buyers ready to build sweat equity. Previously used as a rental property, this home is ready for its next chapter. The functional floor plan features spacious bedrooms, a full bathroom, an eat-in kitchen, and ample natural light

  Kathryn Teltow Highgarden Real Estate

  2736 N Dearborn St, Indianapolis, IN 46218
• 

  

  /15

  $114,899

  • 2 Beds
  • 1 Bath
  • 567 Sq Ft

  2202 N Leland Ave, Indianapolis, IN 46218

  Turnkey investment opportunity on Indianapolis' near east side, offered at $114,999. This 2-bedroom, 1-bathroom single-family home sits on a slab with an attached one-car garage and is currently occupied by a tenant on a one-year lease with approximately four months remaining. At roughly 570 square feet, the efficient floor plan keeps operating costs low and turnover minimal. Recent system ages

  Max Moore @properties

  2202 N Leland Ave, Indianapolis, IN 46218
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  /37

  $525,000

  $25K PRICE DROP

  • 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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  /39

  $655,000

  $40K PRICE DROP

  • 4 Beds
  • 3.5 Baths
  • 3,370 Sq Ft

  2020 Columbia Ave, Indianapolis, IN 46202

  Built in 2022, this beautiful 4-bedroom, 3.5-bath home offers 3,370 square feet of living space with room for everyone. From the moment you walk in, you'll appreciate the thoughtful layout, gorgeous kitchen, and hidden walk-in pantry that adds both character and convenience. The home features a partially finished full basement, providing additional living space with plenty of potential for a game

  WHITNI SCOTT CENTURY 21 ELITE

  2020 Columbia Ave, Indianapolis, IN 46202
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  /26

  $189,900

  • 2 Beds
  • 2 Baths
  • 1,858 Sq Ft

  3745 S Emerson Ave, Indianapolis, IN 46203

  ***Investor opportunity*** **Tenant Occupied**Fully remodeled from top to bottom in 2025, this 2-bedroom, 2-full bath home located within Beech Grove Schools offers a truly turnkey investment. The property is currently tenant-occupied, providing immediate rental income with a beautifully updated home that requires minimal ongoing maintenance. Inside, you'll find a bright, open layout featuring

  Trent Whittington @properties

  3745 S Emerson Ave, Indianapolis, IN 46203
• 

  /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
• 

  

  /23

  $195,000

  • 3 Beds
  • 1 Bath

  1754 N Rural St, Indianapolis, IN 46218

  Fantastic Investment Opportunity in Indianapolis! This income-producing duplex generates approximately **$2,200 per month** in rental income and offers an excellent opportunity for investors or owner-occupants. Each unit features **3 bedrooms and 1 full bathroom**, providing spacious and desirable living space. The property has been updated with new windows, new flooring, fresh interior paint,

  Kerolos Sarofem HSI Commercial & Residential Group, Inc

  1754 N Rural St, Indianapolis, IN 46218
• 

  

  /48

  $149,900

  $15K PRICE DROP

  • 2 Beds
  • 2 Baths

  2941 E Brookside Ave, Indianapolis, IN 46218

  An exceptional investment opportunity awaits with this fully updated duplex located in the heart of downtown. Nearly every major component has been thoughtfully improved within the last two years, offering peace of mind and long-term value. Updates include new windows, fully renovated kitchens and bathrooms on both sides, new flooring throughout, fresh interior paint, and separate full HVAC

  Steve Lew Steve Lew Real Estate Group, LLC

  2941 E Brookside Ave, Indianapolis, IN 46218
• 

  

  /14

  $150,000

  $65K 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
• 

  

  /25

  $180,000

  $10K PRICE DROP

  • 3 Beds
  • 2.5 Baths
  • 1,506 Sq Ft

  309 S Temple Ave, Indianapolis, IN 46201

  Completely updated large 2 story home in Twin Aire! All new roof, windows, HVAC, flooring, paint and too many other cosmetics to name. Must see primary suite upstairs with walk-in closet and large bathroom featuring double vanity and shower. Flexible options with a large front bedroom and 1.5 bathrooms on the main level. Remodeled kitchen, baths, rebuilt stairway give a buyer peace of mind with a

  Jessica Bischoff JRB Group

  309 S Temple Ave, Indianapolis, IN 46201

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