Indianapolis homes, investor picks, and Roots listings.
Browse Roots Realty listings, investment opportunities, house hack picks, and homes for sale around Indianapolis.
3624-3626 N Illinois St
Indianapolis
Investor Special Near Crown Hill | Duplex Opportunity Discover the potential of this 2 bed, 1 bath per side duplex, located just minutes from Newfields, downtown Indy, and the IU Health campus, Butler University, and transit routes. With market rents of $1,100-$1,200 per unit, this property is a strong play-perfect for investors or house hackers looking to live in one unit while renting out the other. One side is vacant and available for immediate go-and-show, making it easy to assess the possibilities. Whether you're expanding your rental portfolio or stepping into your first investment, this property is primed for long-term value in a growing area. Don't miss this solid investment in the heart of Indy!
49–51 N Catherwood Ave
Indianapolis
This Irvington duplex is a low-maintenance, income-generating gem for new and seasoned investors alike. Fully rented and delivering $1,180/month, both units are on month-to-month leases ($580 and $600), offering flexibility and immediate returns. Built in 1942 and centrally located just steps from ALDI, Starbucks, Jockamo Pizza, and Lincoln Square Pancake House, this property sits in one of Indy’s most walkable and renter-desirable corridors. With tenants covering most utilities, strong rental demand, and a price tag of just $150,000, this is a rock-solid investment opportunity.
323 N Arsenal Ave
Indianapolis
Reach out to our team if interested: 323 N Arsenal Ave is a four-unit investment in one of Indy’s most desirable Class B neighborhoods, Arsenal Heights. With two units already leased and two vacant units ready to rent, investors can quickly bring rents to market and unlock ~$4,095/month in stabilized gross income. Utilities are billed back to tenants, keeping expenses low, and the neighborhood is known for strong tenant demand and consistent returns. Bonus upside: explore mid-term or furnished rentals to push cash flow even further.
56-58 E Arizona St
Indianapolis
Incredible investment opportunity in Old Southside, just minutes from downtown Indianapolis! Enjoy unbeatable proximity to Lucas Oil Stadium, Gainbridge Fieldhouse, and the Convention Center. Whether you're looking to house hack, turn it into a short term or mid term rental, or maintain a steady long-term rental, this property offers versatile potential and strong cash flow opportunities. Recent updates include several key capex improvements, highlighted by a new electrical panel on the 58 side. The property also features 4 dedicated parking spots in the rear.
4303 Norwaldo Ave
Indianapolis
Remarkable duplex located in the highly sought-after SoBro neighborhood! The area is bustling with investment, making this a prime time to secure a property in this thriving community. Perfect for a first-time homebuyer that wants to use a renovation loan to buy and renovate, or an newer investor that could live on one side and rent the other side out. The duplex is currently generating income with both tenants on a one-year lease
938 Jefferson Ave
Indianapolis
Roots agent represented both sides, Max Moore on the listing side and Kyle Hoffman on the buying side. This beautifully renovated duplex in the heart of Woodruff Place offered an ideal blend of comfort, style, and investment potential. Each side features a bright brand-new kitchen, main-level laundry hookups, and a convenient half bath, with two spacious bedrooms and a beautifully tiled full bath upstairs. With included appliances and a SimpliSafe system, the property was move-in ready and positioned perfectly near Bottleworks, The Garage, Mass Ave, and all that downtown has to offer, a smart and stylish investment that’s now sold!
552 Jefferson Ave
Indianapolis
Turnkey Duplex Near Downtown Indianapolis - Newly Remodeled & Fully Occupied Excellent investment opportunity just minutes from downtown Indianapolis! This fully remodeled duplex offers modern updates and strong rental income. Renovated in 2019, the property features a brand-new roof, updated mechanicals, and stylish interior finishes throughout both units. Unit 1: Spacious 3 bedrooms, 2 full bathrooms - ideal for a family or long-term tenant Unit 2: Cozy 1 bedroom, 1 bathroom - perfect for a single occupant or couple Both units are currently tenant-occupied, providing immediate cash flow. Whether you're a seasoned investor or just getting started, this low-maintenance property is a solid addition to any portfolio. Located close to public transportation, dining, and downtown attractions.
3018 Alice Ave
Indianapolis
Max Moore represented the listing side, and Ken Fletcher represented the buying side. This 2-bed, 1-bath home found its next chapter with new owners ready to bring it back to life. Located on a great street with strong upside potential, the property offered solid bones, a straightforward layout, and plenty of opportunity for updates and improvements. A smart move in a growing area, now officially sold!
3402 Carrollton Ave
Indianapolis
Charming duplex situated on a spacious corner lot in a lovely Mapleton-Fall Creek neighborhood, just off 34th Street and Carrollton Avenue. This property offers two units: one featuring 3 bedrooms and 1.5 bathrooms, and the other with 3 bedrooms and 1 full bath. Both sides showcase stunning original hardwood floors, and each unit has their own basement with washer and dryer. Each unit also has fenced in backyard space, as well as a porch. Conveniently located near downtown Indianapolis, the Red Line, and Broad Ripple, this duplex is perfect for those seeking both character and connectivity.
3015-3017 N Washington Blvd
Indianapolis
This one checks every box. Located in the heart of Meridian-Park, this 3 bed, 1.5 bath duplex on each side offers space, income, and a great setup for a house hacker or investor. Both units are surprisingly big with hardwood floors, great natural light, fresh paint, and solid kitchens with plenty of cabinet storage. All three bedrooms and the full bath are located upstairs, creating a functional and easy-to-live-in layout. Each side has its own separated basement for storage or laundry. Utilities are set up the right way with separate electric and gas, and only water/sewer shared. Out back, the fenced yard includes private parking pads for each unit. The 3017 unit is vacant and move-in ready, making it perfect for someone wanting to live in one side or STR it for added income. The 3015 unit is leased at $1,400/month through 3/31/26, providing reliable income from day one. The exterior has clean curb appeal, the block has been refreshed, and the location offers quick access to Downtown, Broad Ripple, and everything Midtown has to offer. If you're looking for a well-kept, income-producing duplex with flexibility and long-term upside, this is it.
64–68 Jenny Lane
Indianapolis
This fully occupied 1-bed / 1-bath duplex is a smart, worry-free investment. Unit 64 is leased through July 2026 at $845/month, and Unit 68 through February 2026 at $905/month. Tenants pick up all utilities except water, keeping owner expenses low. With strong rental history and reliable long-term leases, this property delivers consistent cash flow, priced attractively at $170,000. It's turn-key and ready for your portfolio.
813-815 N Denny St
Indianapolis
Check out this turnkey cash flowing duplex situated on Indy's east side. Home sits on a great street in an area primed for outsized long term growth and appreciation.

836 N Oxford Street
Indianapolis
Cash flow is hard to find, and turnkey cash flow is even harder. This east side Indianapolis duplex brings in $2,965/month in gross rent and offers what so many investors are looking for: two doors under one roof, immediate income, and a low-maintenance rental setup without taking on a heavy renovation project. Each unit has 3 bedrooms and 2 bathrooms. For investors, the questions are always the same: Will it cash flow? Do the numbers make sense? With gross rents meeting the 1% rule that many investors use as a benchmark, this property gives you a clear path to add income-producing real estate to your portfolio without starting from scratch. Whether you're looking to scale from one door to two, add another performing asset, or buy a rental that is already doing what investors want it to do, this duplex makes sense on paper and in practice. Two units. One roof. Strong rent. Immediate cash flow.
450 N Kealing Ave
Indianapolis
Don’t miss this exceptional opportunity to own a well-maintained duplex featuring two spacious 2 bed/2 bath units. Whether you're an investor seeking strong returns or a buyer looking to offset your mortgage by living in one unit and renting the other, this property checks all the boxes. Unit 450 is currently leased at $1,100/mo through October, providing immediate income. Unit 452 is vacant and move-in ready, having previously rented for $1,325/mo. With a combined gross rental potential of $2,600/mo, this duplex exceeds the 1% rule and promises solid cash flow. Each unit offers a functional layout, full bathrooms, in‑unit laundry hookups, and a detached garage. Turnkey ready for your portfolio, or for house hacking to build equity while covering living expenses.
422-424 Villa Ave
Indianapolis
Turnkey investment opportunity in the heart of Indianapolis! This fully occupied duplex offers immediate cash flow with a gross monthly income of $2,465. Each unit is 1 bed 1 bath providing comfortable living spaces that appeal to long-term tenants, making this property an excellent addition to a rental portfolio or a great option for investors seeking steady income. With both units currently leased, the next owner can step right into an income-producing property from day one. Located in an established area of Indianapolis with convenient access to downtown and major commuter routes, this duplex benefits from strong rental demand and ongoing neighborhood growth.
45–47 N Catherwood Ave
Indianapolis
This fully occupied duplex in the heart of the Irvington corridor is a plug-and-play investment opportunity. Each side rents for $625/month, bringing in $1,250 in gross monthly income with room to raise rents in the future. Both tenants are stable and under lease through 11/30/2025, offering immediate cash flow and long-term security. Located just steps from ALDI, Starbucks, Jockamo Pizza, and Lincoln Square Pancake House, this property sits in a high-demand rental area surrounded by local favorites and essentials. The nearby Irvington Community Schools and quick access to public transit make it even more attractive to quality tenants. Whether you're adding to your portfolio or buying your first income property, this one checks the boxes: strong location, solid returns, and minimal hassle.
618-620 N Hamilton Ave
Indianapolis
Check out this beautifully updated duplex in Woodruff Place offering an unbeatable house hacking opportunity, just minutes from popular hotspots like Amelia's and North Mass Boulder! This 4-bedroom, 2-bathroom property features updated systems and recent improvements throughout, making it an excellent turnkey investment. Both units have received significant upgrades including new electrical panels (2023), new sump pumps (2023), new ceiling fans in all bedrooms (2024), updated shower and tub faucets (2024), and a fully replaced back porch roof on both sides (2024). Unit 618 includes a new hot water heater (2024) and new dishwasher (2025). Unit 620 features new basement stairs (2024). Chimney work including a new cap, brick replacement, and protective coating was completed on both sides in 2025. The property is conveniently located on the near east side with easy access to downtown Indy, Fountain Square, and the growing St. Claire Place corridor. On-street parking available. Unit 618 is vacant and Unit 620 is rented for $1,180/mo through 6/30/2026.
1027-1029 N Keystone Ave
Indianapolis
Your House Hack Starts Here! This functional duplex offers a smart opportunity for investors and house hackers looking to offset living costs. Each side-by-side unit features 3 bedrooms, 1.5 baths, and in-unit laundry, making it ideal for long-term tenants or owner-occupants who want to live in one side and rent out the other. Updates include full Romex rewire (2024), new AC (2024), new kitchen countertops, some cabinets (2024-2025), dishwashers (2024-2025), and new flooring throughout (2025). The home offers a simple, clean finish level-easy to maintain and perfect for value-conscious buyers. Interiors feature spacious living rooms and practical layouts with half baths on the main level and full baths upstairs. Durable flooring, ample closet space, and separate utility setups (including individual HVAC and electric meters) offer added convenience and flexibility. Off-street parking is available in the rear. Located just minutes from the Monon Trail, IU Methodist hospital, Amelia's Bakery, North Mass Boulder, and Bottleworks/Mass Ave. With this kind of potential and location, you'll want to act fast!
1245 N Tremont
Dr
This turnkey duplex presents an incredible investment opportunity with a steady stream of income, currently managed by BHB Management. Perfect for investors looking for a cash-flowing property, this updated duplex features two 2-bedroom, 1-bathroom units generating a total of $1,774 per month in rental income. The downstairs unit rents for $899, while the upstairs unit is leased for $750. Recent updates include new LVP flooring and replaced windows, ensuring a move-in-ready investment. The upstairs unit operates on all-electric utilities, while the downstairs unit utilizes electric, gas, and water. Located within walking distance of the iconic Long's Bakery, this property offers a strong rental opportunity & investment.
1813 Montcalm St
Indianapolis
Step inside to find a beautifully designed kitchen featuring sleek granite countertops, ideal for culinary enthusiasts. The open-concept living area invites natural light, creating a warm and inviting atmosphere for relaxation or entertaining. Each bedroom offers ample space for personal retreats or home office setups. The two full bathrooms are thoughtfully designed, providing convenience and style for residents. Located in a vibrant neighborhood, this duplex is close to local amenities, dining, and entertainment options. Enjoy the charm of a quiet street while being just minutes from the city's bustling attractions. With its prime location and luxurious features, this property is a perfect choice for those seeking both comfort and convenience. Schedule a tour today and experience the best of Indianapolis living!
2715 W Washington St
Indianapolis
STOP the car!!! Did you see this duplex!? Calling all investors looking for passive income. The units include a partial basement, a fenced-in yard, and a one-car garage with plenty of space to park out back. The upstairs unit has three bedrooms and one full bath, and the downstairs unit has three bedrooms and two bathrooms with a chimney. Located on W Washington street around other multifamily homes and businesses. Excellent location!!
3305 N Capitol
Ave
The perfect duplex for your portfolio.
422-424 Villa Ave
Indianapolis
Attention Investors! Discover a prime investment opportunity with this beautifully renovated duplex near downtown Indianapolis. Each unit features 1 bedroom and 1 bathroom, providing excellent potential for strong rental income. Both units are currently leased, with tenants paying $1,300 per month each, generating a total gross income of $2,600 per month. This duplex has been fully updated with durable LVP flooring, stylish butcher block countertops, modern bathroom finishes, and more. The charming front porch adds to the property's curb appeal, while its close proximity to downtown attractions makes it highly desirable for tenants seeking vibrant city living. Owner-paid utilities range from $125-$165 per side, keeping overhead manageable. Whether you're looking to add a turnkey, high-cash-flow property to your portfolio or secure a long-term income-generating asset, this duplex is a fantastic opportunity you won't want to miss!
45-47 N Hawthorne Ln
Indianapolis
Well Maintained & Updated Duplex in the Heart of Irvington - Available to Owner-Occupied Buyers and Investors | 3bd, 1ba [47] & 3bd, 2ba [45] | 2,200 total sqft+/side | Welcome to this thoughtfully updated and well-cared for duplex. One side [47] is owner occupied now, making this perfect for a new owner-occupant to purchase and move in. The other side [45] is rented at 1395/mo through next April; rent on next turn could be 1500+/mo. Updates include: full, professional re-wire of entire duplex, french draining + foundation stabilization, water heaters in 2018, roof in 2016, HVAC in 2015, refinished hardwoods, newer carpet and more. Utilities are fully separated. Amazing backyard and back porches, too. Street parking only.
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