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$12,000,000
PRIME REDEVELOPMENT OPPORTUNITY IN DOWNTOWN INDIANAPOLIS Address: 371 Kansas St, Indianapolis, IN 46225 325 W Morris St, Indianapolis, IN 46225 Combined Lot Size: Approx. 3 Acres Building Size: 4,800 SF (Built in 1998) Zoning: I-3 (Industrial Heavy) & C-S (Special Commercial). Strategically positioned in the heart of downtown Indianapolis, this rare dual-parcel offering presents an exceptional opportunity for developers, investors, and visionaries looking to transform a well-located space into a high-impact project. Ideal Redevelopment Site: Over 3 acres of land suitable for large-scale development such as mixed-use residential, hotels, restaurants, entertainment venues, and more. Existing Structure: 4,800 SF building, fully fenced and secured. Income-Producing Billboard: On-site billboard with monthly revenue stream included. Zoning Flexibility: Zoned I-3 and C-S, offering wide development potential. Less than 1 mile from Lucas Oil Stadium, home of the Indianapolis Colts. Under 2 miles to Victory Field (Indianapolis Indians), the Indiana Convention Center, and Gainbridge Fieldhouse. Within walking distance of Fountain Square, Mile Square, and downtown entertainment districts. Easy access to major corridors like I-70, I-65, and South Meridian Street. Surrounded by some of the city's largest hospitality, entertainment, and residential developments, this property sits at the crossroads of Indianapolis' future growth. Investors will appreciate the area's strong tourism draw, central location, and robust demand for housing and mixed-use spaces. Ideal Uses: Urban condominiums or apartment complexes, Boutique or flagship hotel, Food hall, brewery, or restaurant row, Tech campus, creative office space, or entertainment venue, Parking structure with retail frontage. Don't miss the chance to secure one of downtown Indianapolis' most valuable and versatile properties. Schedule a site tour.

Indianapolis

Listing courtesy of Williams Executive Realty & As.

$4,300,000
3 Beds ⋅ 4 Baths
Residence 2101 at The Conrad Indianapolis offers 3 bedrooms, 3.5 baths, and over 5,200 square feet of sophisticated living space on the 21st floor of one of downtown's most recognizable buildings. Designed by Jonathan Hess and Brenner Design, this condo features contemporary design elements, seamless TRIPhase Technologies smart home integration and panoramic views of Monument Circle and the northern downtown skyline. The open plan, highlighted by a broad entry hall and a gourmet kitchen connecting the living room and dining room, functions well for large gatherings. The kitchen features Sub-Zero, Wolf and Viking appliances, granite counters, and a walk-in pantry. Two balconies provide separate outdoor living with broad skyline views. The primary suite offers dual vanities, jetted tub, walk-in dual-head shower, private water closet and a spacious walk-in closet. The second bedroom suite includes a private bath, while the third bedroom, currently configured as a private office, provides a separate entrance, built-in cabinetry, full bath, and an architectural partition wall for privacy. Separate media room, laundry room and guest bath. Additional amenities include a private residential entrance, dedicated concierge, two deeded parking spaces, high level security, as well as, full access to hotel amenities including hotel catering, spa, pool, fitness center, sauna, steam room and The Capital Grill and The Lounge. Indoor skywalk access connects to Lucas Oil Stadium, Gainbridge Fieldhouse, and the Indiana Convention Center. Walking distance to Eiteljorg Museum, Victory Field, The Indianapolis Zoo and Everwise Amphitheater. Experience unmatched luxury living and elevated convenience in the heart of Indianapolis.

1 N Illinois Street, Indianapolis

Listing courtesy of Encore Sotheby's International.

$3,900,000
Rare opportunity to acquire a well-maintained, mixed-use investment property in the heart of Indianapolis. With over 20,000 square feet, this versatile site is zoned CBD-2, allowing for a wide range of uses including retail, office, and multifamily development. The property provides immediate income with tenants in place while offering exceptional flexibility for redevelopment or owner occupancy. Building features include elevator service, a dry sprinkler system, energy-efficient LED lighting throughout, and new AC units within the last 5 years. Over 20 paved parking spaces are included, with an additional gravel lot for more parking or future development potential. Located in the thriving Market East District, the property is minutes away from Mass Ave, the Cultural Trail, Gainbridge Fieldhouse, and some of the best dining in the city! Whether you're seeking a stable investment, value-add opportunity, or future redevelopment play, this site offers a unique combination of location, flexibility, and long-term upside in one of Indy's most dynamic urban corridors.

536 E Market Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro S.

$3,900,000
FANTASTIC INVESTMENT PROPERTY!! 40,000 sq ft building on 5 .5 acres close to downtown Indianapolis. Owner recently sold business. New business owner is a manufacturing company, financially strong and has a 5 year lease on entire property with a 5 year extension option. Base rent is $20,833/month with a 3% increase each year. Tenant is responsible for insurance. Landlord is responsible for roof and taxes. Property has been meticulously maintained and is completely fenced with chainlink fence. Over 1200 sq ft of office space with seperate bathrooms, heated and cooled. Site was orginally used as industial dry-cleaning facility from 1960s until 2003. Property was classified as a "Brownfield Site" and maintains a Sub-Slab Depressurization system. On July 24, 2020 IDEM indicated all corrective action complete. See attached documents. Listing agent will answer questions and arrange viewing.

2121 Hillside Avenue, Indianapolis

Listing courtesy of United Real Estate Indpls.

$3,500,000
3 Beds ⋅ 4 Baths
Perched high above the heart of downtown Indianapolis, Residence #2102 at the iconic 1 N. Illinois Street inside the Conrad Indianapolis offers a level of sophistication, privacy, and luxury that is simply unrivaled. Encompassing over 5,000 square feet of exquisitely curated living space, this sky-high residence features nearly 360-degree panoramic views of the city's skyline. A stately 30-foot gallery-style entryway sets the tone for this extraordinary home, where refined craftsmanship and timeless design are found at every turn. The gourmet kitchen is a chef's dream, outfitted with top-tier appliances including Wolf double ovens and gas range, Sub-Zero integrated refrigeration, and Miele dishwasher, all seamlessly integrated into custom cabinetry and generous stone countertops. A large center island anchors the space, which flows effortlessly into a sunlit hearth room with gas fireplace - the perfect spot for relaxed mornings or quiet evenings. An adjacent butler's pantry provides discreet service access between the kitchen and the formal dining room, while two outdoor terraces, including one with a gas firepit, invite year-round al fresco enjoyment. The grand living room offers breathtaking vistas and abundant natural light, while a richly paneled library with bespoke built-ins and access to a private terrace provide a warm and contemplative retreat. The primary suite is a true sanctuary, featuring a generous bedroom with stunning views, dual walk-in closets, and a spa-like bath with garden tub, double vanities, and elegant finishes. Additional guest suites each offer private en-suite baths and ample closet space, ensuring comfort and privacy for all. Located within one of Indianapolis' most exclusive and secure residential communities - home to just 14 residences - this property includes two private parking spaces in a secured garage and access to a full suite of amenities; 24-hour security, full-time concierge, private entrance, spa, fitness center, and pool.

1 N Illinois Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$3,375,000
An exceptional opportunity to build your dream estate in the heart of prestigious Williams Creek. This rare offering combines 540 and 550 Forest Blvd, totaling 1.51 acres of beautifully wooded land in one of Indianapolis' most sought-after neighborhoods. Surrounded by mature trees and tranquil scenery, the property offers both privacy and convenience, just minutes from premier shopping, dining, and top-rated schools. One of the only lots available in this neighborhood!

540 & 550 Forest Boulevard, Indianapolis

Listing courtesy of F.C. Tucker Company.

$3,290,000
8 Beds ⋅ 10 Baths
Welcome to the VonHake-Rau house in the historic Old Northside! This completely renovated Queen Anne style home sits on a half-acre lot. Highlights are a main home featuring 4 beds 5 1/2 baths, and elevator, a completely renovated 2100s.f. carriage house that has been converted to a 3 bed 3 full bath two story home w/elevator, and finally, a rare for downtown 4 car garage with an 1,100 s.f. one bed apartment above! As you enter the main home, you'll love the impressive original wooden doors that lead you into the foyer and grand staircase. Den/office to your left with original fireplace and custom built-ins. Two living spaces separated by a cozy 2-sided fireplace offers a great space for entertaining. Original hardwoods and details throughout. The kitchen is light and bright with loads of storage, Dacor S/S commercial grade appliances, and custom finishes. The second floor offers 3 bedrooms, 3 full baths, and laundry room. The 3rd floor is a private retreat w/kitchenette, 2 fireplaces, large custom closets and dual full bathrooms. The wrap-around porch facing the large lush lot with mature trees is another rarity for downtown living. Home also features a back-up generator system. Altogether, this property offers incredible flexibility for multi-generational living, guests, or additional income opportunities. Walkable to Mass Ave, the Cultural Trail, Bottleworks, The Monon, and just an 8 minute drive to the Circle and all downtown offers.

1504 N Park Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$3,200,000
Originally constructed in 1898 by local businessman Herman E. Martens, the building is a beautifully restored example of Classical Revival architecture, featuring unique pentagonal design elements, limestone detailing, and large bay windows. In the early 1990's the building was completely renovated and legally converted into 19 individual parcels. Martens HPR Unit #1 thru#19. The property was extensively renovated while preserving its historic character, offering residents a blend of vintage charm and modern convenience. The units have a combination of hardwood and vinyl flooring, new gourmet kitchens with stove, frig, microwave, dishwasher, disposal and granite/butcher block counters. Units have their own independent electric heat pumps for heating/cooling, electric water heater and 100-amp electric service. Today the building is operated as a 19-unit apartment house but could easily be converted to accommodate a multitude of investment opportunities. The building has nine-1 bedroom/one bathroom, one-1 bedroom/1.5 bathroom, eight- 2 bedroom/2 bathroom and one-2 bedroom/one bathroom. The buildings brick and limestone exterior, newer windows and updated electrical and plumbing keep maintenance cost low. Over the past few years, a new Firestone rubber membrane roof and two new Velux skylights have been installed. Situated near the intersection of Senate Avenue and Indiana Avenue, The Martens provides easy access to downtown Indianapolis attractions, cultural venues, restaurants, entertainment districts, and major employment centers. The building's central location within the Indianapolis Mile Square offer's easy access to both IU and Purdue's Indianapolis campuses (2 blocks to the west), Kroger's Grocery (1 block to the north), the Capitol Building (1 block to the south) and Lucas Oil Stadium (4 blocks to the south) The Martens offers a unique residential experience for those seeking historic character, a walkable downtown lifestyle in Indianapolis. Private Remarks

315 N Senate Avenue, Indianapolis

Listing courtesy of Kumler Realty.

$3,200,000
Originally constructed in 1898 by local businessman Herman E. Martens, the building is a beautifully restored example of Classical Revival architecture, featuring unique pentagonal design elements, limestone detailing, and large bay windows. In the early 1990's the building was completely renovated and legally converted into 19 individual parcels. Martens HPR Unit #1 thru#19. The property was extensively renovated while preserving its historic character, offering residents a blend of vintage charm and modern convenience. The units have a combination of hardwood and vinyl flooring, new gourmet kitchens with stove, frig, microwave, dishwasher, disposal and granite/butcher block counters. Units have their own independent electric heat pumps for heating/cooling, electric water heater and 100-amp electric service. Today the building is operated as a 19-unit apartment house but could easily be converted to accommodate a multitude of investment opportunities. The building has nine-1 bedroom/one bathroom, one-1 bedroom/1.5 bathroom, eight- 2 bedroom/2 bathroom and one-2 bedroom/one bathroom. The buildings brick and limestone exterior, newer windows and updated electrical and plumbing keep maintenance cost low. Over the past few years, a new Firestone rubber membrane roof and two new Velux skylights have been installed. Situated near the intersection of Senate Avenue and Indiana Avenue, The Martens provides easy access to downtown Indianapolis attractions, cultural venues, restaurants, entertainment districts, and major employment centers. The building's central location within the Indianapolis Mile Square offer's easy access to both IU and Purdue's Indianapolis campuses (2 blocks to the west), Kroger's Grocery (1 block to the north), the Capitol Building (1 block to the south) and Lucas Oil Stadium (4 blocks to the south) The Martens offers a unique residential experience for those seeking historic character, a walkable downtown lifestyle in Indianapolis.

315 N Senate Avenue, Indianapolis

Listing courtesy of Kumler Realty.

$3,200,000
Stop leasing and start building your own future. We are proud to present a rare, high-value opportunity to acquire Sunrise Christian Academy Child Care- a fully functional, elite-tier childcare business-along with its prime commercial real estate. This is more than a business move; it is a strategic investment that allows you to unlock massive equity through property ownership while stepping into a proven, high-revenue operation. A proven foundation of excellence for 34 years, Sunrise has been a pillar of the community, providing a level of care that is second to none. Elite Standing: This facility has maintained Level 4 status (the highest possible rating) for over 10 consecutive years. Fully Operational: Everything is included. From the licensing history to the classroom equipment, you can step in on Day 1 and lead this business into its next chapter. The Power of Ownership vs. Leasing Why be a tenant when you can be the landlord? Transitioning from a lease to owning your building offers: Equity Growth: Every monthly payment builds your net worth, not your landlord's. Operational Control: No more lease negotiations or unexpected rent hikes. You have total freedom to customize your space. Asset Diversification: You aren't buying a job; you are acquiring a valuable piece of commercial real estate that serves as a lucrative long-term exit strategy. Modern Upgrades & Recent Improvements. The heavy lifting has already been done for you. The property has been meticulously maintained and recently updated to meet modern standards: Interior: Freshly installed luxury vinyl plank flooring and energy-efficient LED lighting throughout. Exterior: Brand-new safety fencing and fully updated playgrounds designed for high-engagement outdoor play. Sunrise Christian Academy is ready for its next 30 years.

948 W 30th Street, Indianapolis

Listing courtesy of Zaident, LLC.

$2,900,000
Unbeatable investment opportunity to own this 6-plex as a package with other Indy properties operating as 4.8-star and above airbnb and get their ratings. These mid-term furnished rentals (15 units in total)- 1305 Ringgold (duplex with 3br/3.5ba townhouses), 717 Randolph (duplex with 2br/2ba townhouses), 1525 Kennington (duplex with 3br/2ba townhouses),1529 Kennington (2br/1ba SFH) and 5724 Julian each of the six 1 bedroom/1 bathroom units have been thoughtfully renovated a few years back. As part of the renovations, the basement was transformed to create a laundry room, supplies room and storage rooms. Additional highlights include a parking lot with 6 dedicated parking spaces at the rear of the property with space for 2 extra spots. All properties currently operate as high-performing mid-term furnished rentals and corporate housing (1 to 6 month stays) with high ROI, these property presents a turnkey investment opportunity with strong income potential. Higher income potential if operated as short-term rentals.

5724 Julian Avenue, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$2,500,000
Located just off Massachusetts Avenue in Indianapolis' thriving Chatham Arch neighborhood, this versatile 2-story building with a full basement offers exceptional flexibility for a variety of uses. Zoned C4, it can accommodate office, retail, food & beverage, personal services, and healthcare. The property also offers potential for a rooftop addition with spectacular skyline views, making it an ideal opportunity for investors or operators seeking a high-visibility location in one of the city's most dynamic districts.

517 E Walnut Street, Indianapolis

Listing courtesy of Keller Williams Indy Metro NE.

$2,300,000

1831 Bellefontaine Street, Indianapolis

Listing courtesy of Dan Moore Real Estate Services.

$2,200,000
Large industrial lot with three buildings, zoned I-4, suitable for industrial or commercial. Multiple high doors and recently renovated, with nearby interstate access and plenty of local traffic nearby. Potential for many light or medium industrial uses as well as commercial opportunities.

2000 Dr Martin Luther King Jr Street, Indianapolis

Listing courtesy of Midland Realty Group, Inc..

$2,100,000
3 Beds ⋅ 4 Baths
Experience the pinnacle of Modern Elegance with this luxury 3 Bedroom/3.5 Bath Penthouse Condo in the Heart of Mass Ave! Featuring extraordinary 180 degree views of the Downtown Indy Skyline from it's 1300 sq ft terrace. This rare residence offers floor to ceiling windows of doors that flood the space with natural light, connecting indoor & outdoor living. Discover over 4,300 sq ft of artfully designed luxury living with 3 Bedrooms and 3.5 Baths. Crafted with exquisite detailing throughout. Spacious Chef's Kitchen features twin marble islands, meticulously designed cabinetry, high end Wolf, Miele & Sub Zero Appliances, twin dishwashers & even an Nespresso machine, all alongside a spacious Butler's Pantry. State of the Art amenities include media room with Epsm projector & Stewart drop down screen. Spacious Great Room, Dining Area & Media Room with unparallel views of the skyline. Primary Suite offers an intimate retreat with private balcony, spa inspired walk-in shower & water cube area & designer dressing areas with luxury built-ins. Secondary bedrooms and baths continue the theme of luxury & sophistication. Convenience is abundant with private access to the rooftop gardens & patio, 4 parking spots in the garage and 3 storage areas. Just steps to the shopping, restaurants and events along Mass Ave! Also listed for lease BLC#22125149

333 Massachusetts Avenue, Indianapolis

Listing courtesy of F.C. Tucker Company.

$1,975,000
Prime Commercial Opportunity | Modern Building | General Commercial Zoning Discover a distinctive commercial property designed to support business growth, professional services, and retail operations. Featuring a modern architectural style, contemporary color scheme, attractive finishes, and a functional layout, this property offers a professional setting for a wide range of commercial uses under General Commercial zoning. The building features three separate entrances, providing excellent flexibility for multiple occupants, business divisions, or customer access. A private balcony overlooks the scenic rear surroundings, offering an inviting space to enjoy the views and create a unique experience for employees, clients, or customers. The finished basement is currently leased and utilized as a primary care and physical therapy treatment center, providing an opportunity for an owner-user to benefit from existing income while operating their own business from the property. Strategically located near Community Hospital North and I-465, the property offers convenient accessibility and strong visibility within a well-established commercial area. Its combination of location, flexible configuration, modern finishes, multiple entrances, balcony, and existing leased space makes it an excellent opportunity for an owner-user, investor, or growing business. Why continue paying rent when you can own the real estate, build equity, and grow your business at the same time? This property offers the opportunity to establish your business in a space you control while creating long-term value through real estate ownership.

6280 N Shadeland, Indianapolis

Listing courtesy of eXp Realty, LLC.

$1,974,900
5 Beds ⋅ 7 Baths
Nestled in the highly sought-after community of Arden, this expansive 5-bedroom, 5 full and 2 half bathroom estate offers a perfect balance of refined elegance and modern comfort. Spanning over 8000 square feet, this home is ideal anyone who loves to entertain in style. Step through the grand cast iron doors - each weighing 750 pounds and originally gracing the entry of a Chicago mansion - and now framing this light-filled living space adorned with high-end finishes, soaring ceilings, and thoughtfully designed architectural details. Each of the five spacious bedrooms is accompanied by a private ensuite, providing comfort and privacy for family and guests alike. Two additional half baths add convenience on the main level. The heart of the home is a gourmet kitchen with top-tier appliances, two islands, ample cabinetry, and dual dishwashers-perfect for both everyday meals and hosting large gatherings. The handsome library is an architectural delight with hand carved walnut woodwork that was once displayed along the walls of a 17th century Italian Noble's home. An incredible upper level primary suite offers a spacious bedroom and a luxe ensuite bathroom with large shower, dual sinks, and enormous walk-in closet perfect for keeping any homeowner organized. Enjoy seamless indoor-outdoor living with access to a private backyard retreat, featuring a lovely screened porch and covered patio. Don't miss the custom wine cellar with space to accommodate 1500 bottles - it's not just storage; it's a sanctuary for tradition, taste, and the promise of future toasts. With ample space for relaxation, work, and play, including multiple living areas and flexible rooms that could serve as a home office, gym, or media room, this home truly has it all. Located just minutes from top-rated schools, scenic trails and parks, and everything Arden has to offer, this is more than a home-it's a lifestyle.

110 Bow Lane, Indianapolis

Listing courtesy of F.C. Tucker Company.

$1,799,900
4 Beds ⋅ 5 Baths
Exclusive luxury, Wedgwood Building Company custom home located in Fletcher Place with spectacular views of downtown skyline and Lucas Oil Stadium. This modern homes provide upscale living with urban amenities. Enjoy living on the Cultural Trail and walk to the many downtown restaurants, sporting events or across the street to the neighborhood park. This home features 4 levels with an elevator, 2 car attached garage, and rooftop terrace with 2 additional outdoor areas. The lower level has a separate residence option with private entrance, BR & BA, Kit, & Laundry, LVT flooring, and is great for in-law quarters, guests, or Airbnb. Premium finishes throughout and Sub Zero and Wolf appliances in the impressive kitchen. 4 spacious bedrooms all with en suite BA. Smart design features, gas fireplace provision on expansive (1127sqft) rooftop with Trex decking, and 2 EV charging stations with epoxy flooring in garage! See attached plans for further detail. Utility wire in back to be buried and pole removed. 2 adjacent lots available to custom build a Buyer's own unique home. Contact List Agent for further information.

505 S East Street, Indianapolis

Listing courtesy of McNulty Real Estate Services,.

$1,799,000
A 16-unit building bringing in $15,910 a month with another $2,890 sitting on the table once you fill the two vacant units. Two side-by-side 8-unit buildings at 2008 and 2012 E Washington, sold together as one package. Every unit is a one-bed, one-bath layout, fully renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so turnovers don't turn into a rekey project. Fourteen units are leased today. Rents run from $1,060 to $1,175, with most around $1,130. Stabilized at $1,175 across all 16, the property produces $18,800 a month, or $225,600 a year. Two of the eight units in 2008 are vacant and turn-ready. Lease them up and that upside is yours, no renovation required. The expense side is clean. Seventeen months of seller actuals show operating expenses averaging about $5,041 a month, or just over $60,000 a year. Insurance is one blanket policy across both buildings. Trash, pest, internet, and taxes are flat fixed costs. Maintenance ran a little hot in late 2025 while leaks were chased down, and that line is trending back to baseline now. At stabilized occupancy, expenses level out around $5,216 a month and net operating income lands near $163,000 before debt. Each building runs on two central HVAC systems, four across the package. Shared parking in the rear gives every tenant one space. Roof, electrical, plumbing, and HVAC were all inspected at acquisition and reports are available. East Washington is one of the more active corridors in Indianapolis right now. New businesses, real neighborhood investment, and quick access to downtown, Fountain Square, and Irvington. You're buying into the path of growth, not chasing it. Rent roll, profit and loss, and the full deal package are ready for qualified buyers.

2008 / 2012 E Washington Street, Indianapolis

Listing courtesy of @properties.

$1,555,000
Rare opportunity to acquire a landmark multifamily asset in the heart of Herron-Morton. This stately all-brick six-unit building offers over 13,500 square feet of historic character, scale, and long-term investment potential in one of Indianapolis' most sought-after neighborhoods. Each residence features an expansive 3-bedroom floorplan of approximately 2,000 square feet - a rare offering in today's rental market that appeals to residents seeking the feel of a private home within an urban lifestyle setting. The property is fully occupied with rents currently below prevailing market levels, creating meaningful future income upside through natural turnover and strategic rental repositioning. Recent improvements have enhanced operational stability while preserving the timeless architectural character that makes properties of this scale increasingly difficult to replicate. Located just minutes from downtown, major hospitals, dining, and the thriving 16th Street corridor, the property benefits from strong long-term demand drivers and exceptional neighborhood appeal. The lower level offers substantial additional space for storage, amenity, workspace, or other potential future uses subject to buyer verification and approvals. This is a rare chance to acquire a true legacy asset in one of Indianapolis' premier historic neighborhoods.

2101 N Pennsylvania Street, Indianapolis

Listing courtesy of No Limit Real Estate, LLC.

$1,499,999
Exceptional redevelopment and repositioning opportunity consisting of multiple contiguous parcels located at 4498 N Keystone Ave, 4460 N Keystone Ave, 2325 E 45th St, 2323 E 45th St, 2301 E 45th St, and 2219 E 45th St, Indianapolis, IN. This rare assemblage offers approximately 1.63 acres with a unique combination of Keystone Avenue frontage, I1 Light Industrial zoning, and C3/D5 commercial zoning creating exceptional flexibility for future redevelopment or adaptive reuse. Properties are adjacent to the Nickel Plate Trail corridor and positioned within an evolving urban infill area experiencing increasing redevelopment and flex-industrial demand. Potential uses may include flex industrial redevelopment, contractor service bays, industrial condominiums, showroom/warehouse concepts, adaptive reuse commercial space, creative office or studio space, maker-space/artisan industrial, live/work concepts, storage/service facilities, and long-term redevelopment opportunities. Most buildings currently vacant allowing flexibility for repositioning and redevelopment planning. Seller currently offering properties as a package sale only, however seller may consider dividing parcels for the right offer. Buyer to independently verify all zoning, permitted uses, redevelopment potential, environmental matters, utility availability, and all information material to buyer's intended use with the appropriate governmental authorities.

4498 N Keystone Avenue, Indianapolis

Listing courtesy of No Limit Real Estate, LLC.

$1,499,000
4 Beds ⋅ 4 Baths
An architectural work of art, this extraordinary Mission Revival residence is a one of a kind, distinctive Indianapolis home. Originally designed by renowned local architect Clarence Martindale, 3159 N. Pennsylvania is reimagined for modern luxury living. Fine craftsmanship and restoration reside in graceful arches, designer lighting, solid 18-inch-thick exterior walls, and immaculate tile finishes that honor the home's character. A custom landscape plan, combined with renovated windows, roof, insulation, stucco, and bespoke interior millwork, provide unmatched scale and enduring beauty. The stunning kitchen is outfitted with quartzite countertops, a walk-in pantry, Bertazzoni appliances and a statement plaster range hood. Natural light shines in the living room with exposed wooden beams, a gas fireplace, and arched French doors that lead to an impressive veranda elevated above Pennsylvania Street, perfect for al fresco gatherings. The circular floorplan offers a dining or media room complete with a soapstone wet bar, and sophisticated office with restored original pocket doors. The mudroom, full bath, and attached two-car garage enhance easy living. Ascend the preserved staircase illuminated by original leaded-glass windows, to the primary suite featuring a California Closets walk-in wardrobe and spa-inspired bath. Two additional bedrooms, a secondary bath, and dedicated laundry room bring valuable function. The finished lower level expands livability with a fourth bedroom, full bath, spacious living area, and flexible space. Additional highlights include surround sound, dual HVAC systems, irrigation system, ample custom closet storage, and a fenced yard suited for pets, play area, or additional gardens. Join the Meridian Park neighborhood, connected to all of downtown and the best of Indianapolis. 3159 N. Pennsylvania unites architectural significance and modern luxury into an unparalleled residential masterpiece, ready for its new curator.

3159 N Pennsylvania Street, Indianapolis

Listing courtesy of Encore Sotheby's International.

$1,495,000
3 Beds ⋅ 3 Baths
THE premier location in downtown Indy combined with unmatched expansive views makes this a MUST see property. Three bedrooms and two and 1/2 baths sets the stage for sophisticated living at its finest. Your journey begins: exit the secure elevator on the 8th floor, walk down the well decorated (and quiet) hallway to your oasis in the sky. As you enter this magnificent unit, you are first awed by the incredible views! You then turn your focus to the tastefully done lighting and wall mount display racks (art lover REJOICE!!!). The living/dining/breakfast areas are your personal canvas for creating distinct zones for relaxation and entertainment! The kitchen offers true functionality for all your culinary creations with an oversized island with seating for four. Step outside to the northwest facing patio to enjoy endless sunsets, incredible downtown views and oh btw - there is NO better view of the 500 festival parade that literally travels right below your feet! Three well appointed and well designed bedrooms are the perfect retreat for family and guests alike. The primary suite (perfectly located within the unit) features a huge walk-in closet, custom wall coverings and well positioned lighting to ensure peace and tranquility when it's time to retire. The primary bathroom is a spa lovers dream with dual sinks, a large walk-in shower and an oversized tub that is that is just what the doctor ordered after a great workout or long day at the office. The two guest bedrooms (one features a Murphy bed) share an J&J bathroom with dual sinks, oversized walk-in shower and a water closet. The art-deco 1/2 bath is ideally located for easy access. The utility/laundry room features plenty of space for full sized w/d units. Two assigned parking spots - ideally located right next to the pedestrian exit of the garage. This one of a kind property truly offers the best of all worlds. Located literally steps from Mass Ave and an easy walk to all that downtown offers, it is a MUST see.

429 N Pennsylvania Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$1,399,900
5 Beds ⋅ 4 Baths
Luxury Home plus Luxury Carriage House Apartment! Experience refined urban living at 1606 N New Jersey Street, where timeless character, luxury finishes, and an exceptional location come together beautifully. Abundant natural light showcases the hardwood floors and open floor plan designed for both comfortable living and effortless entertaining. The impressive gourmet kitchen features top-of-the-line appliances, quartz countertops, a walk-in pantry, and an oversized center island. The main level also offers an incredible wine bar, dual-sided fireplace, spacious great room opening to the covered rear porch, first-floor bedroom or private office, full bathroom, and a generously sized mudroom. Upstairs, the expansive primary suite is a true retreat, complete with a private balcony, deluxe 18' x 10' walk-in closet, and spa-inspired luxury bathroom. Two additional bedrooms, another full bathroom, and a convenient second-floor laundry room complete the upper level. The finished lower level provides even more room to relax and entertain, featuring a large family room and wet bar-the perfect hideaway for movie nights, game days, or hosting guests. Outdoor living is equally inviting with a covered front porch, covered rear patio, and beautifully landscaped, fully fenced yard. The finished three-car garage includes a convenient dog-washing station. Adding tremendous value and versatility is the separate luxury carriage house apartment-ideal for guests, extended family, a private office, or potential rental income. Located in one of Indianapolis' most desirable urban neighborhoods, this exceptional property is just steps from Tinker Street Restaurant and Foundry Provisions Coffee Shop, with quick access to Downtown Indianapolis, Broad Ripple, dining, shopping, parks, and entertainment. This is more than a home-it's an opportunity to enjoy luxury, flexibility, and an unbeatable Indianapolis lifestyle. Don't let this opportunity pass you by!

1606 N New Jersey Street, Indianapolis

Listing courtesy of eXp Realty LLC.

$1,395,000
The Allen Apartments - A Rare Historic Investment Opportunity in Herron-Morton An exceptional opportunity to acquire a landmark multifamily property in one of Indianapolis' most desirable historic neighborhoods. Known as The Allen Apartments, this impressive three-unit residence offers historic character, timeless architecture, and outstanding long-term investment potential. Each spacious apartment providing immediate income while offering significant opportunity for future rental growth through thoughtful modernization. Built in 1913 by Mathilda Allen, former residence of JK Lilly Jr and other early noteworthy pharmaceutical pioneers. Seller is retiring, prefers a clean deal and no contingencies.

1704 N Pennsylvania Street, Indianapolis

Listing courtesy of Listwithfreedom.com.

$1,300,000
Owner-occupant opportunity in the heart of historic Fountain Square. This newly renovated 6,590 SF multi-tenant commercial property offers a rare opportunity to occupy the largest suite while maintaining income from two leased spaces. The building is prominently positioned along Shelby Street in one of Indianapolis' most active mixed-use corridors. The property consists of three suites: 1417 Shelby Street totaling 3,640 SF and currently vacant for immediate occupancy; 1415A Shelby Street totaling 1,250 SF and leased through July 31, 2028; and 1415B Shelby Street totaling 1,700 SF and leased through June 30, 2027. The layout provides a strong combination of owner-user space and stabilized tenancy within the same asset. A key feature of the property is its parking configuration. The site includes two separate parking lots, providing flexibility for tenant and customer use. The property offers direct access from Shelby Street, along with alley access to both parking areas, allowing for convenient ingress and egress, service access, and efficient traffic flow. Recent renovations enhance both the functionality and appearance of the building, delivering a move-in ready environment for an owner-occupant while maintaining quality space for existing tenants. The 3,640 SF suite presents an ideal footprint for retail, office, or service-oriented users seeking a strong presence in Fountain Square, with the flexibility to expand into additional space in the future as leases expire. This is a well-located, multi-tenant commercial asset offering immediate occupancy, established tenancy, dedicated parking, and excellent accessibility in one of Indianapolis' most desirable urban submarkets.

1415 Shelby Street, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$1,300,000
2 Beds ⋅ 2 Baths
Skyline Views, Unmatched Outdoor Living, and a Flexible Luxury Lifestyle at the Gateway to Mass Ave. At the coveted south end of Mass Ave, Unit 702 at 3 Mass offers a rare opportunity to own one of downtown Indianapolis' premier luxury residences in one of the city's most vibrant and walkable neighborhoods. Just steps from award-winning restaurants, cultural attractions, and entertainment, this exceptional home delivers the effortless lock-and-leave lifestyle today's discerning urban buyer desires. Thoughtfully designed with superior craftsmanship and cutting-edge smart home technology, the residence features secure coded building access and a fully integrated lighting, shades, audio, and security system. Every detail has been curated to provide unmatched comfort, convenience, and peace of mind. One of the home's most versatile features is the dedicated flex room, offering endless possibilities as a private home office, media room, fitness studio, creative space, or additional guest retreat. This valuable bonus space adapts effortlessly to your lifestyle and evolving needs. The crown jewel of the residence is the expansive 500+ square-foot private terrace. Partially covered and impeccably appointed with a second gas fireplace, outdoor kitchen, lounge seating, and sweeping skyline views, it ranks among downtown's most impressive outdoor living spaces. Whether enjoying a quiet morning coffee, entertaining guests at sunset, or gathering around the fire on a crisp evening, this extraordinary retreat extends luxury living beyond the walls of the home. Inside, floor-to-ceiling windows flood the open-concept living areas with natural light, while radiant heated ceramic tile floors and designer finishes create a sophisticated yet inviting atmosphere. The chef's kitchen serves as the heart of the home, featuring an impressive 11-foot island, premium appliances, and ceiling-height custom cabinetry designed for both everyday

333 Massachusetts Avenue, Indianapolis

Listing courtesy of Fathom Realty.

$1,299,500
A turnkey portfolio acquisition of this scale, south of Broadripple Indianapolis, and near the Monon Trail, rarely hits the open market. Five matching, all-brick double structures (10 total doors) positioned shoulder-to-shoulder along the east side of Crestview Avenue. Built in 1970 with solid masonry construction, low-maintenance exteriors, and straight rooflines, these assets offer operational density without multi-site overhead. Unbeatable tenant stability tucked into an established pocket just north of Arsenal Park-leases renew consistently, including long-term residents in place since 2020. Ten 2-bedroom floor plans provide steady cash flow with immediate upside potential. One street, one seller, one closing. All parcels to be sold together as a package deal. Buyer to verify all data. Do not disturb residents.

4633 Crestview Avenue, Indianapolis

Listing courtesy of Hidalgo Group, LLC.

$1,290,000
Located in the heart of highly desirable Fountain Square, 1628 Bates St. offers a rare combination of commercial and residential space in one of Indianapolis's most walkable, energetic, and rapidly evolving neighborhoods. Fountain Square is loved for its character, independent restaurants and bars, local shops, entertainment, and strong sense of community-all just minutes from Downtown Indianapolis and the Cultural Trail. The property features an improved former industrial building with a flexible commercial gym space and a separate two-bedroom residential component, creating an excellent opportunity for an owner-user, investor, or entrepreneur seeking a property that combines business and residential potential. The gym space offers an open, versatile layout ideal for fitness, wellness, studio, creative, or other commercial uses, along with a separate room that could serve as private office, retail, or additional functional space. The entire property is securely fenced, providing privacy and flexibility for outdoor use. The residential portion features two bedrooms, an open kitchen and living area, a garage door that opens to create a seamless indoor-outdoor entertaining space, and a private fenced balcony. The layout provides a unique residential experience while complementing the commercial component of the property. The property is currently occupied by Feel Good Naked Gym and will be delivered vacant at closing, allowing the next owner to immediately implement their own vision. Recent improvements include a new roof with a 15-year warranty, fresh exterior paint, and completed tuckpointing, providing a strong foundation for future ownership and improvements. Surrounded by renovated homes, new construction, local businesses, and ongoing investment, 1628 Bates St. is positioned within one of Indianapolis's most active growth corridors. Bring your vision to a property that offers character, flexibility, and a location that continues to attract residents & businesses

1628 Bates Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$1,269,900
4 Beds ⋅ 4 Baths
Beautifully appointed limestone ranch in sought-after Upper Arden, set on a private, wooded 0.71-acre lot. This 4-bedroom residence offers 4,672 sq ft of thoughtfully updated living space, blending timeless 1950s architecture with modern comfort and exceptional versatility. Expansive windows fill the living spaces with natural light, while two fireplaces, original built-ins and brass details preserve the home's distinctive architectural character. The refreshed kitchen features custom cabinetry, quartz countertops and backsplash, hardwood flooring, stainless appliances and designer lighting, with an easy connection to the main living areas and sunroom. The primary suite features a generous soaking tub and peaceful, retreat-like feel. The finished lower level expands the possibilities with a guest bedroom, private office, theater/media room, game and recreation space, generous laundry and storage, plus a beverage area with microwave and mini refrigerator. Outdoors, mature trees create exceptional privacy around an expansive patio and firepit-an inviting setting for entertaining or quiet evenings at home. Additional enhancements include a newer roof, refreshed interior and exterior finishes, extensive landscaping and hardscaping, and sewer line replacement with exterior cleanout. Ideally located minutes from Park Tudor, Holliday Park, Marott Woods Nature Preserve, Meridian Hills Country Club, Broad Ripple and Nora, with easy access to downtown Indianapolis.

6976 Washington Boulevard, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

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