Indianapolis homes, investor picks, and Roots listings.

16-unit fully renovated building producing $15,910/mo with $2,890 upside on 2 vacant units.

Mostly occupied quadplex - an excellent cash-flow investment opportunity. This income-producing property offers immediate rental income with three out of the four units leased, providing stable returns and strong portfolio potential. Conveniently located near Ball State University, local amenities, and major routes, supporting consistent rental demand. This property also includes an additional property that comes with the lot (432 Proud St). Price reflects package deal of addresses listed: 702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 W Howard St Muncie IN.

Fully occupied cash-flow investment property in Anderson. This income-producing asset offers immediate rental revenue with tenants in place, making it an ideal turnkey addition to any investor's portfolio. Convenient location near local amenities, schools, and major routes supports strong rental demand and long-term returns. Price reflects package deal of all addresses listed: 702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.

Fully occupied quadplex in Anderson offering a strong cash-flow investment opportunity. With all units leased, this property provides immediate, consistent rental income and dependable returns. Conveniently located near local amenities and major routes, it's a solid addition to any investor's portfolio. Price reflects the package deal of all addresses listed: 702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 822 Howard St Muncie IN.

INVESTOR SPECIAL! Cash-flowing investment opportunity that offers steady rental income potential and low-maintenance ownership, making it ideal for investors looking to expand their portfolio. Conveniently located near local amenities, schools, and major routes, it's a solid addition for long-term returns or value-add strategies. Price reflects package deal of all addresses listed:702 W 5th St Anderson IN, 205 N Lincoln Ave Alexandria IN , 1527 Walnut St Anderson IN, 820-822 Howard St Muncie IN.

Prime cash-flowing quadplex located in Perry Township on Indy's quiet southside, offering two freestanding buildings-one triplex and one standalone unit. Three of the four units are currently rented, providing steady income with room to grow. Unit A is a 2-bedroom that was last rented for $1,135 and could be increased to $1,150-$1,200. Unit B is a 1-bedroom rented at $760 through 10/31/25, Unit C is a 1-bedroom rented at $640 through 9/30/25, and Unit D is a 1-bedroom rented at $900 through 4/30/26. Tenants pay their own gas and electric with separate meters, and the property runs on well and septic to reduce overhead. Located in a safe, desirable school district, this is a strong opportunity for investors looking for a high-yield, low-maintenance asset.

Historic charm meets modern luxury.

Beautifully restored home in the Brookside Park neighborhood currently operating as a rent-by-the-room investment. The property features 4 bedrooms, 3 full bathrooms, and an open-concept kitchen, dining, and living area. All four rooms are rented, producing $3,400/month in total rent. Updates include a new kitchen with granite countertops, stainless steel appliances, and luxury vinyl plank flooring throughout. The home also offers two large storage buildings and rear parking.

Build-to-rent duplexes starting at $400,000 including land, everything's included!

Check out this charming bungalow in the heart of SoBro, just a short walk to local favorites like the Monon, GoldLeaf, and Arsenal Park! This 3-bedroom, 1-bathroom home features two bedrooms upstairs and one on the main level, offering a flexible layout perfect for a variety of living arrangements. The kitchen boasts granite countertops, a tiled backsplash, new cupboards, a coffee station area, and all new stainless steel appliances. The family room includes a dedicated office area, ideal for remote work. The entire home has been updated with new vinyl plank and carpet flooring throughout, and a brand new roof was installed in 2022. The backyard features a full privacy fence and an outdoor storage shed. A full basement with cement walls provides ample storage space. Washer and dryer included. Located just half a mile from the Monon Trail and approximately one mile from the Red Line bus, this home offers easy access to all of the restaurants, shops, and nightlife that South Broad Ripple is known for. On-street parking available. Currently rented for $1,685/mo. through 3/31/2027. Check this place out before it's gone!

Check out this stunning, fully updated 4-bed, 2-bath craftsman style bungalow in Monon Yard, just minutes to near north side staples like the Monon Trail, Goose the Market and Command Coffee. CURRENTLY RENTED FOR $1,845/month THROUGH AUGUST 2026! This is not your typical investment property - updated top to bottom with modern finishes while keeping its original craftsman charm. With approximately 1,800 finished square feet across two levels, you'll find LVP flooring through the main living areas, white shaker cabinets with butcher block countertops, marble-look tile in both bathrooms with matte black fixtures, black trim on every window and door, new carpet in all bedrooms, and appliances included. The open main-floor layout features original columns, a decorative fireplace, and a covered front porch with painted white brick and iron railings giving this home incredible curb appeal. Upstairs bedrooms offer cozy sloped ceilings with built-in closets. Additional features include a basement with newer HVAC and water heater and a large detached garage. Currently tenant-occupied with a lease through August 2026 at $1,845/month - a turnkey investment with immediate cash flow. Check it out before it's gone!

Check out this gorgeous historic Fountain Square duplex, just a minutes bike ride to the heart of Fountain Square and staple attractions like Bovacanti and Upland Brewery! This home features 4 bedrooms, 2 full bathrooms, and 2 half bathrooms split across two well-appointed units. Each unit includes its own one-car garage with new garage doors and a dividing wall installed in 2023 to create fully separate garage spaces. Both units have been thoughtfully updated with recessed lighting on the first and second floors (2023), new sump pumps (2023), and all new appliances in Unit 1905 (2023). Unit 1907 received a new electrical service panel (2023), a new hot water heater (2025), and new basement lighting (2025). Washer and dryer included in each unit. Located in Fountain Square, one of Indianapolis's most vibrant neighborhoods, residents enjoy walkable access to local restaurants, breweries, galleries, and the popular cultural district. The Pleasant Run Parkway provides a scenic corridor for walking and cycling, and downtown Indy is just a short drive away. Unit 1905: $1,625/mo, lease through 5/31/2026. Unit 1907: $1,675/mo, lease through 5/31/2026. Check it out before it's gone!

Fountain Square studs-up renovation with 10-ft ceilings, center kitchen island, and upstairs primary suite.

Fully remodeled 5bd/4ba ranch in Lebanon's Brendan Wood with golf course views and luxury primary suite.

Priced at $155,000, this charming 1926-built ranch duplex is fully leased and generating $1,525/month gross income, with both units on month-to-month leases, perfect for flexibility or updates Talk to Tucker +8 Zillow +8 Compass +8 Howard Hanna Real Estate Services +4 @properties +4 Redfin +4 . Each unit has separate utility meters, making management a breeze. Recent soffit upgrades are already done, and there's room to add value through cosmetic tweaks Compass +5 @properties +5 Zillow +5 . With two beds, two baths, a spacious basement with laundry hookups, and on-street/lot parking, this property fits investors or owner-occupants looking to house-hack. Located in Fountain Square near downtown, it offers immediate income and future rent growth potential. Solid fundamentals, minimal maintenance, and upside, check it out!

Furnished income-producing mid-term rental in Fountain Square, sold as a pair with 1119 S Randolph.

Companion property to 1123, furnished mid-term rental sold as a pair.

Built in 2023 and sitting on a quiet, tree-lined street in the heart of the vibrant Fountain Square neighborhood, this brand-new 4-bed / 5-bath home offers approx. 2,920 sq ft of high-end living. Zillow +2 @properties +2 With rich character built into modern construction (think classic moldings, dark-academia design accents, open layout) RE/MAX LLC +1 the home features an indoor-outdoor design, private fenced backyard, finished basement with wet bar, a 1-bed/1-bath carriage house for bonus space or income, and a two-car garage with EV charger. RE/MAX LLC +1 Just a short walk to Fountain Square’s dining, nightlife, arts scene, this is perfect for someone who wants fresh construction + city-edge lifestyle. Listed by Kristin Glassburn with @Properties.

Great investment opportunity! 3 bed, 1.5 bath home with a 1 car garage with plenty of room for storage. Located close to the bus line with easy access to Downtown, Broad Ripple, and the Fairgrounds!

This rare historic duplex in the heart of Old Northside offers fantastic flexibility, live in one side and rent the other, or use it as a multi-gen or full investment property. Each unit features light-filled living and dining areas that flow into updated kitchens with stainless steel appliances and butcher block counters. The 1524 side includes a convenient main-level half bath. Upstairs, each unit offers two spacious bedrooms and two full baths. Laundry is available in-unit (upper level in 1524), and clean unfinished basements provide extra storage. Recent updates include new windows, siding, and mechanicals. Off-street parking is available with two designated rear spaces, plus free street parking along Bellefontaine. With Monon Trail access, proximity to green space, and dining & entertainment just minutes away, this duplex blends historic charm and modern convenience. Listed by: Chanda Johnson, Maywright Property Co. MLS#: 22062828

Incredible Near Eastside investment opportunity! This property offers strong potential for investors or those looking looking to expand their portfolio. It does need some updates, reflected in the price, making it a perfect value add opportunity.

Located in proximity to the rapidly developing Monon Yard neighborhood, this efficient 4-bedroom, 2-bath home offers strong investment potential and long-term upside. With estimated rents between $1,300-$1,500 per month depending on updates, it's ideal for investors seeking stable cash flow or buyers needing four bedrooms in a compact, low-maintenance footprint. The functional layout appeals to both families and roommates, and nearby redevelopment suggests continued appreciation and demand. Whether you're expanding a rental portfolio or looking for value in a growing area, this property combines immediate income potential with long-term growth tied to neighborhood transformation.

Investors dream! This property is rented to long term tenants for $1,130 per month. Great opportunity to add to your rental portfolio with this turnkey rental just minutes from the heart of Fountain Square. Located on the near southeast side of Indianapolis with tons of nearby redevelopment. Snatch this place up before it's gone!

This charming 3 bed/1 bath home in Irvington is already leased at $1,050/month through May 2026, making it a perfect set-and-forget rental. Built in 1930, it features original hardwoods, a full basement with laundry, and a 2-car garage. Walkable to Jockamo Pizza, Smash’d Burger, and SNUG Irish Pub, this location is a renter favorite. At just $155,000, this property offers instant cash flow and strong long-term potential. Great bones, great tenant, great neighborhood, lock it in.