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Explore Similar Apartments Within 2 Miles of Speedway, IN

  • /15

    $129,900

    • 4 Beds
    • 2 Baths

    1724 N Somerset Ave, Indianapolis, IN 46222

    Solid Block double. 2-bedrooms per side. Located East of Indianapolis Motor Speedway. Great potential with a little work. Property is currently vacant. Rent has been between $850-$1,200 per month according to past listings.

    Agent Photo

    Timothy O'Connor

    Berkshire Hathaway Home

    (463) 223-9740

    1724 N Somerset Ave, Indianapolis, IN 46222
  • /21

    $950,000

    • 6 Beds
    • 5 Baths

    6795 W 21st St, Indianapolis, IN 46214

    Rare multi-use property on 4.3 acres with several income producing structures already in place*. Property is ideal for Home Business, Multi-Generational Living or Investment. WELCOME to your dream compound near "Speedway" yet with all the peace and freedom of country living. Property includes main home with in-law quarters, pool, pole barn, and several income-producing opportunities. The main

    Agent Photo

    Janet Giles

    Your Realty Link, LLC

    (765) 268-5769

    6795 W 21st St, Indianapolis, IN 46214
  • /41

    $199,000

    • 3 Beds
    • 3 Baths

    1757 Howard St, Indianapolis, IN 46221

    Remarkable investment opportunity in West Indianapolis! This cash flowing duplex has been thoroughly updated and is strongly positioned to benefit its next owner. Both sides recently rented, gross rents equal $2,000/month. 1757 is a 2 bed 1 bath lower unit that includes an extra office or flex room. 1759 is a 2 bed 2 bath lower/upper unit, and one of the bedrooms is partitioned to allow for an

    Joel Newman Blue Sky Realty Group

    1757 Howard St, Indianapolis, IN 46221
  • /44

    $180,000

    • 2 Beds
    • 2 Baths

    410 N Berwick Ave, Indianapolis, IN 46222

    Attention Investors - Turnkey Duplex Near Downtown Indianapolis! Don't miss this excellent opportunity to own a renovated duplex just 5 minutes west of the IU Indianapolis Campus and downtown! Each unit features 1 spacious bedroom, 1 full bathroom, and a partial basement, offering great rental potential. Renovated in 2020, this property is rent-ready and will be vacant at closing, making it

    Scott McCain CENTURY 21 Scheetz

    410 N Berwick Ave, Indianapolis, IN 46222
  • /43

    $249,900

    • 1 Bed
    • 1 Bath

    635 S Norfolk St, Indianapolis, IN 46241

    Investors here is your next one. Completely updated: roof, HVAC, Hot water heater, siding, some windows, kitchen, bath , flooring Oversized 2 car garage, two mini storage sheds, partially fenced, asphalt parking in front units Separate meters gas and electric . City water and sewer This is a must see. Bring your tenants!

    Anna Camden Tomorrow Realty, Inc.

    635 S Norfolk St, Indianapolis, IN 46241
  • /29

    $249,900

    • 7 Beds
    • 1 Bath

    1809 W Morris St, Indianapolis, IN 46221

    Flexible commercial property with C-4 zoning, currently operating as a residential recovery housing program for women. Ideal for continuing community-based services or adapting to a wide range of commercial uses. Situated in the revitalized West Indianapolis area, this location features new improved streets plus access to two bus lines. The main building offers seven bedrooms with generous

    Sharon Thompson Keller Williams Indy Metro NE

    1809 W Morris St, Indianapolis, IN 46221
  • /22

    $165,000

    • 4 Beds
    • 2 Baths

    1129 N Pershing Ave, Indianapolis, IN 46222

    Both units require some tender loving care (TLC), making this an excellent opportunity for an investor or someone looking to earn extra monthly income. The adjacent lot is also included in the sale

    Braulio Moreno F.C. Tucker Company

    1129 N Pershing Ave, Indianapolis, IN 46222
  • /27

    $85,000

    • 2 Beds
    • 1 Bath

    2226 W Mccarty St, Indianapolis, IN 46221

    Welcome to 2226 W McCarty St, a vacant duplex located in a growing area of Indianapolis just minutes from downtown. This property is ideal for investors or savvy buyers looking for a value-add opportunity. With both units recently vacated, this duplex is a blank canvas ready for renovation and long-term income potential. Each unit offers its own entrance and layout, making it perfect for a

    Devan Lunceford Totalis Real Estate Solutions

    2226 W Mccarty St, Indianapolis, IN 46221
  • /17

    $210,000

    • 3 Beds
    • 3 Baths

    1344 S Belmont Ave, Indianapolis, IN 46221

    Turnkey Triplex in South Belmont - LongTerm Income Opportunity Discover a fully maintained triplex in the sought-after South Belmont neighborhood. This investment property features: *Three units: two one-bedroom apartments and one studio *Bright, functional layouts with laminate floors, full kitchens, updated bathrooms, and abundant natural light *Fresh curb appeal: vinyl siding, inviting

    Steve Flanagan R. P. Lux Company

    1344 S Belmont Ave, Indianapolis, IN 46221
  • /18

    $115,000

    • 1 Bed
    • 1 Bath

    3112 W 10th St, Indianapolis, IN 46222

    Unlock the potential of this affordable duplex located in the heart of Indianapolis, perfect for investors looking to expand their rental portfolio! This property offers TWO units, presenting a fantastic opportunity to generate steady rental income with some TLC. Currently, one side is rented for $700/month, providing immediate cash flow while you renovate the other unit. This fixer-upper is

    Kevin Hudoba Keller Williams Indpls Metro N

    3112 W 10th St, Indianapolis, IN 46222
  • /21

    $149,900

    • 4 Beds
    • 2 Baths

    1445 W Lee St, Indianapolis, IN 46221

    Great Investment Opportunity! 2BR, 1 Bath Duplex. With 2-car detached garage. Both sides are tenant occupied. 1445- rent $775/month, lease expires 2/28/2026. 1447 rent $825/month, lease expires 11/30/2025. Sold as-is.

    Karen Kelly Fathom Realty

    1445 W Lee St, Indianapolis, IN 46221

Why Live in Speedway

Speedway, IN, is an independent town renowned for its deep connection to the Indianapolis 500, drawing nearly 300,000 fans annually to the iconic race. Despite being surrounded by Indianapolis, Speedway maintains its own town council and school system, with the School Town of Speedway being highly rated in Marion County. The town's Main Street is a hub of activity, especially during race season, featuring local favorites like Charlie Brown’s Pancake and Steak House, Dawson’s on Main, and upscale dining at A.J. Foyt Wine Vault. Main Street also boasts antique shops, barber shops, and an indoor go-karting track, while the Speedway Super Center meets broader shopping needs. Housing in Speedway includes well-kept bungalows, ranches, and split-level homes, often passed down through generations. The town offers ample park space with Meadowood Park and Leonard Park providing playgrounds, sports courts, and walking trails. Brickyard Crossing golf course offers a unique experience with four holes inside the oval track. Infrastructure supports heavy traffic, especially during race events, with Indianapolis International Airport just 10 miles away. The town is pedestrian and bicycle-friendly, with walk and bike scores of 61/100 and 69/100 respectively, and future improvements expected with the extension of the B&O Rail Trail.

Home Trends in Speedway, IN

Housing Trends

Median Sale Price
$264,000
Median Single Family Sale Price
$268,500
Median Townhouse Sale Price
$140,000
Average Price Per Sq Ft
$166
Number of Homes for Sale
7
Last 12 months Home Sales
40
Months of Supply
2.10
Median List Price
$275,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
11%
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