For Indianapolis, real estate just went on discount.
In Marion County (Indy) Active Inventory is up 27.5% on the Year. Price Changes up 17.5% on the Year.
After the initial Election excitement, 2025 is turning out to be a slower year on the Buy-side with hints at economic uncertainty. However, it’s not turning out to be a slow year on the Sell-side. Inventory is up higher than at any point in the last 3 years in Spring.
Point being —> There are more options, and more deals going far under asking price, with many properties actually selling LOWER than in 2020-2023 right now. ⬇️
Trent Kiester, Roots agent closed on this primary residence deal (2810 Central Ave) which sold for less than it did in 2022 - Grabbing equity on discount! This is the 3rd property these guys have purchased in the last year.
With that being said, let’s get to the meat of what this deal blast is all about… 🥩
Introducing…
Max’s Picks
Find Your Next Investment Property with Max’s Picks 🔥
If any of these deals are catching your eye, book a quick 15-minute Deal Call. We’ll run through the numbers together and make sure it’s the right fit. If you don’t already have a ROOTS agent, I’ll get you paired with the right one. And if you do, I promise they’ll be thrilled you took the initiative to get equipped and ready to write a strong offer.
15 - Minute Deal Call with Max - Talk with the deal finder / analyzer pro himself.
Here are my top 5 picks in full depth!
#1. 4918/4920 E New York Street (Value Add / BRRRR) -
Take a look through the numbers, this can be packaged with property #2 — DEAL SHEET: 4918 / 4920 E New York St - 3 / 1 VALUE ADD DUPLEX - $170,000
#2. 4926/28 E New York St. Duplex (Turnkey / Light Value Add near Irvington)
Property #1 is the same owner honestly someone should just offer for a package deal — DEAL SHEET: 4926/28 E New York St - 3 / 1 Turn Key Duplex $220k
#3. 3716-3718 E Market St - Quadplex -
$1.1k per door selling for $340k = CASH COW — DEAL SHEET: 3716-3718 E Market St - Quadplex - $340k
#4. 3716-3718 E Market St - Quadplex
Guess what?? We have 2 of them! Package deal could happen with the right offer!! — DEAL SHEET: 519-521 N Gladstone ave - Quad - $340k
#5. 355 S Dearborn - Single Fam - BRRRR / Flip - Check it out and let's chat. We can make this one work within reason — DEAL SHEET: 335 s Dearborn - BRRRR / FLIP - $????
Honorable Mentions:
1130 Congress Ave – Turnkey rental currently listed with rental comps around $1,450/month. Great for investors looking to plug in a tenant and cash flow from day one.
1211 W 30th St, Indianapolis, IN 46208 – Could rent for $1,600–$1,800 with Section 8 potential. Solid price-to-rent ratio and steady tenant demand in the area.
Bluff Rd Quadplex – Prime opportunity in Perry Township: 4 total units across 2 standalone buildings. Three units already leased ($3,400–$3,600/month total), and with one unit turning soon, there’s room to push rents even higher. Tenants pay their own utilities, plus it’s on well/septic—keeping your expenses low and margins strong.
Make sure to schedule a call with Max if you’re interested in learning more about one of these opportunities.
For the Kings 👑
Deals for the Real Estate Savant
#1. Off-Market Meridian-Kessler Duplex Portfolio (Seller Financing Available)
— 151 W 49th/4849 N Capitol 3beds/1.5 baths rents for $1900 each side.
— 6186/6188 Washington blvd 2 beds/ 1 bath. Rents for $1600-1700 per side.
— 6194/6196 Washington Blvd (same as above)
PP is $1.25-1.3 million, Seller is not open to spitting off one or two at the moment.
#2. 20620 Little Chicago Rd. Noblesville, IN — COMING TO MARKET THIS WEEK
This quadplex on Morse Reservoir in Noblesville is a cash cow KING. Projecting $16,500 in monthly income ($195,000 annually) based on actual current rents / Airbnb revenue, this is the perfect fit for someone with a lot of cash that wants to diversify into real estate. (Or someone with partners that do…)
The main draw to this property is the 5-bedroom furnished Airbnb unit which grossed $128,000 in 2024, and has over $52,000 on the books for 2025, expected to exceed 2024 numbers.
Schedule a call with Tyler if you’re interested in one of the above opportunities. Or, simply respond back to this email.
This is just a sprinkling of what’s on the market.
The reality is you have to dig into the mud to find the gold, and it takes getting into the weeds. To get started here’s our Indy Investor Resources (guides, podcasts, courses, events coming soon, you name it). Get on Zenlist, our exclusive property search platform. We are happy to set up a custom search matched to what you’re looking for.
Need an Agent? Talk about your Strategy / Goals? —> Roots Realty Co. Website
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Roots Realty Co. is the investment-minded, education-first brokerage team in Indianapolis. We offer buying, selling, investing services, as well as one-of-a-kind educational content and networking opportunities. Get plugged in, just go to our website and book a chat!
PS - I’d love your feedback. How can we better set up this deal sheet? What would you like to see more of? - Tyler / Roots team
