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$1,899,000
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.

$350,000
Investment Opportunity at 1125 South Keystone Avenue, Indianapolis Attention serious investors seeking immediate, stabilized returns. This fully renovated quadruplex offers a rare combination of guaranteed income and zero deferred maintenance. Positioned in a high demand rental pocket of Indianapolis, this property has been meticulously updated to provide a turn key experience for the next owner. The financial profile of this asset is its strongest selling point. The property generates a total monthly gross income of 4,701 dollars, totaling 56,412 dollars annually. The stability of this revenue stream is anchored by three Section 8 vouchers, which provide consistent, government backed payments regardless of market fluctuations. Unit 1 brings in 1,374 dollars, Unit 2 brings in 1,200 dollars, and Unit 3 brings in 1,127 dollars. The fourth unit is occupied by a reliable cash tenant paying 1,000 dollars per month. Beyond the impressive cap rate, the physical plant of the building has been completely overhauled. You can bypass the typical headaches of older multi family units thanks to extensive capital improvements. The property features brand new electrical systems and updated plumbing throughout, significantly reducing the risk of emergency repair costs. Energy efficiency and curb appeal have been enhanced with the installation of new windows. Inside, each unit has been refreshed with new flooring and professional paint, creating a clean, modern aesthetic that appeals to high quality tenants. Located on a primary transit corridor with easy access to downtown Indianapolis and the vibrant Fountain Square district, 1125 South Keystone is perfectly situated for long term appreciation. This is an ideal acquisition for those looking to complete a 1031 exchange or for any investor wanting to add a high performing, low maintenance asset to their portfolio. Properties with this level of renovation and guaranteed cash flow are a rarity in the current market.

1125 S Keystone Avenue, Indianapolis

Listing courtesy of La Terre Boutique.

$169,900
3 Beds 2 Baths
Welcome home to this inviting 3-bedroom, 1.5-bath residence offering a desirable open-concept layout. The living, dining, and kitchen areas flow seamlessly together, creating the perfect setting for everyday living. Natural light fills the main living spaces, enhancing the home's warm and welcoming feel. The three bedrooms provide comfortable retreats, while the full bath and convenient half bath add functionality for both residents and guests. The open kitchen design allows for easy interaction and flexibility. A large unfinished basement offers endless potential-perfect for additional living space, a home gym, recreation area, or extra storage. Customize it to fit your needs. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this home combines comfort, functionality, and room to grow.

4419 E 36th Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$425,000
Attention investors and house hackers! Ground has just been broken on this brand-new upper/lower duplex in the highly desirable Bates-Hendricks neighborhood, just south of downtown Indianapolis. Each thoughtfully designed unit will feature an open-concept layout with a spacious living room, dining area, and kitchen, along with three bedrooms, two full baths, and a dedicated laundry room-ideal for today's renters. Located in one of Indy's fastest-growing areas, this property offers strong income potential, with projected rents ranging from $1,800 to $2,200 per month per unit. Estimated completion is set for late September, giving you the opportunity to secure a brand-new, low-maintenance asset before it hits the market. Whether you're looking to expand your investment portfolio or take advantage of a house-hacking opportunity by living in one unit and renting the other, this property checks all the boxes. Enjoy walkable access to the continued growth of Bates-Hendricks and just minutes from the dining, nightlife, and energy of nearby Fountain Square.

239 E Caven Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$125,000
2 Beds 1 Baths
Experience the blend of historic charm and modern reliability on N Denny St. This 1,292 sq. ft., two-story home was freshly remodeled just one year ago and features upgrades for total peace of mind. Key Highlights: * Fully Updated: 1-year-old roof and a complete interior remodel (2025). *Systems: Brand-new furnace (less than 1 year) with mobile app control and a new water heater. * Layout: 2 comfortable bedrooms and a nicely designed full bath. * Outdoor Space: Low-maintenance lot perfect for relaxing, entertaining and space for parking or to build a detached garage All the heavy lifting is already done. Schedule your tour today! (All interior pictures have been edited to remove owners personal belongings for privacy reasons)

28 N Denny Street, Indianapolis

Listing courtesy of Ask Pat About Real Estate.

$222,500
3 Beds 2 Baths
Charming 3-bedroom ranch offering comfort, space, and endless potential! This inviting home features a fully fenced backyard-perfect for pets, play, or entertaining-complete with a covered patio ideal for relaxing evenings or weekend gatherings. Enjoy summer days in your own in-ground pool, creating a private outdoor retreat right at home. Additional storage is a breeze with convenient mini barns, giving you plenty of room for tools, hobbies, or seasonal items. Inside, you'll find a warm and welcoming layout ready for your personal touch. HVAC & Water Heater both new in 2025. Whether you're looking to update, customize, or simply settle in, this home is full of opportunity and waiting for the right buyer to make it their own.

2129 Radcliffe Avenue, Indianapolis

Listing courtesy of Keller Williams Indpls Metro N.

$100,000
2 Beds 1 Baths
This classic bungalow is full of charm and ready for someone to make it their own. From the moment you arrive, you'll appreciate the character and cozy feel that only a home of this era can offer. Whether you're looking for a place to settle in or an opportunity to add your personal touch, this one is worth a closer look. Built in 1901, this single-level home offers 1,092 square feet of living space and features aluminum siding with a mix of wood and vinyl windows. Inside, you'll find 2 bedrooms and 1 bath, with a layout that feels both comfortable and functional. With no garage, the property keeps things simple while offering plenty of potential to create a space that truly feels like home.

3032 Boulevard Place, Indianapolis

Listing courtesy of Red Bridge Real Estate.

$182,500
3 Beds 2 Baths
Welcome to 5145 E 20th Place, a charming 3-bedroom, 2-bath bungalow nestled on Indianapolis' east side Ritter Park. Step inside through the inviting sunroom, where walls of windows create a bright, cheerful space perfect for morning coffee or relaxing evenings. The kitchen is both functional and stylish, featuring ample cabinetry, stainless steel appliances, and durable tiled flooring. Two main-level bedrooms provide convenient access to the expansive, fully fenced backyard-ideal for entertaining, pets, or outdoor gatherings. Downstairs, the partially finished basement expands your living space with a third bedroom, full bath, laundry area, and generous storage rooms. Located just minutes from I-465 and I-70, and close to the shops, dining, and charm of Irvington, this home offers easy access to everything Indianapolis has to offer-all at an approachable price!

5145 E 20th Place, Indianapolis

Listing courtesy of F.C. Tucker Company.

$179,900
3 Beds 2 Baths
This beautifully renovated Craftsman home features 3 bedrooms and 2 bathrooms, situated in the cozy near Eastside neighborhood of Little Flower. Highlights include an open-concept living space on the main level with new laminated hardwood flooring, an updated kitchen featuring a walk-in pantry, a newer dishwasher (2025), and a large French-style refrigerator. The full bathroom on the main level has been updated and includes a stand-up shower. The upper-level full bathroom has also been renovated and includes linen closet cubbies. Two of the bedrooms offer walk-in closets, while the third bedroom features dual closets. Additional updates include a newer water heater (2024) and a new main drain (2026), both with transferable warranties. In 2022, the home received complete wall and attic blown-in insulation, which comes with a lifetime transferable warranty. The roof and HVAC system were replaced in 2021. Best of all, there is no homeowners' association (HOA). The property is conveniently located near local eateries, shopping, and entertainment options.

532 N Denny Street, Indianapolis

Listing courtesy of Fire House Real Estate.

$379,000
4 Beds 4 Baths
Introducing 1737 Union Street. This 4-bedroom 3.5 bath home sits in the charming Old Southside of Indianapolis. Located just minutes to Lucas Oil Stadium, Indianapolis Convention Center, Gainbridge Fieldhouse, Downtown Indianapolis, Fountain Square, Fletcher Place and Bates Hendricks neighborhoods. Perfect layout for entertaining and hosting large get togethers. Expansive kitchen centered in the heart of the home featuring quartz countertops, stainless steel appliances, white shaker style cabinets, expansive center island with breakfast bar, and subway tile backsplash. Home features two primary suites, one located on the first floor perfect for guests or possible In-law suite. The upstairs primary bedroom features a spacious bathroom with a large walk-in glass shower, dual vanity, walk-in closet, and a private patio overlooking the backyard. Home was fully updated in 2020 with new roof, siding, windows, plumbing, electrical, HVAC, water heater and vinyl plank flooring throughout. Full size side by side washer and dryer is less than a year old. Fully fenced backyard with a large deck, landscaping and detached two car garage ready for your enjoyment. This move in ready home is a must see and one that will check all the boxes!

1737 Union Street, Indianapolis

Listing courtesy of Hanza Realty, LLC.

$179,000
3 Beds 2 Baths
Welcome to 2021 Hillside Avenue, a beautifully updated home offering the perfect blend of comfort, space, and investment potential in Indianapolis. Featuring 3 bedrooms and 2 full bathrooms, this property boasts over 1,700 square feet of well-designed living space, ideal for both everyday living and long-term value. The main-level primary suite provides convenience and privacy, while the updated kitchen offers modern finishes and functionality for today's lifestyle. Major mechanical updates have already been taken care of, including a new roof, HVAC system, and updated exterior plumbing giving peace of mind to the next owner. Whether you're looking for a place to call home or a strong addition to your investment portfolio, this property delivers flexibility and opportunity. Don't miss your chance to own a move-in ready home with solid updates and great potential.

2021 Hillside Avenue, Indianapolis

Listing courtesy of BLK Key Realty.

$165,000
Opportunity knocks on LaSalle St with this two-parcel duplex primed for its next chapter. Major updates completed in 2022 include separated sewer and water lines, individually metered utilities (water, sewer, gas, and electric), new HVAC systems, water heaters, and a newer roof and gutters-setting a strong foundation for the next phase. The property is currently in a mid-rehab state with much of the demolition complete, offering a clean slate to design and finish interiors to your vision. Flexible layout and parcel configuration create options for rental income, resale, or a hybrid investment strategy. With key infrastructure already addressed, the focus can shift to maximizing interior finishes and value. Ideal for investors or buyers looking to customize and capitalize on a versatile property.

915 N Lasalle Street, Indianapolis

Listing courtesy of eXp Realty LLC.

$130,000
3 Beds 1 Baths
Refreshed and ready for a new owner. Welcome home to this 3 bed 1 bath ranch, offering affordable homeownership without all the work. Recent improvements include exterior repair, fresh interior paint and new LVP flooring that give this home a clean modern feel. The functional floor plan provides comfortable living with spacious bedrooms and abundant natural light. It is perfect for the first time home buyer, downsizers, or investors looking for a property with a solid cash flowing history. Outside the generous yard offers space for gardening, entertaining, pets, or whatever you desire. Conveniently located with quick access to shopping, dining, schools, parks, and the best Indianapolis has to offer. Schedule your showing today!

3125 Manor Court, Indianapolis

Listing courtesy of Berkshire Hathaway HomeServices.

$315,000
MULTI-FAMILY DEVELOPMENT SITE, DOWNTOWN INDIANAPOLIS, PRE-APPROVED FOR 5 UNITS, .20+/- acre, 5 legal conforming D-8 parcels with addresses. Holy Cross neighborhood, close to popular downtown sites including Mass Ave and The Garage. Most preliminary work completed to break ground, including approvals on subdivision plat and zoning variances. No drainage permit or on-site detention required. Next step, building permits. Sale includes plans and renderings of proposed townhomes. The location is one of the highest points in the City, making the planned rooftop decks an especially attractive feature with a view to the downtown skyline. Rights to all construction documents necessary to permit and develop the project are included in the sale. The Seller is offering to assist with the transfer of information in order to effect a smooth transition for the Buyer. Knowing the time and work that goes into putting a plan in place, the right builder has a real opportunity to seize the moment and build a carefully designed project, starting NOW!

1136 E New York Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$425,000
2 Beds 3 Baths
Welcome to easy downtown living in this stunning end-unit townhome, built in 2021 and filled with natural light throughout. Thoughtfully designed with both everyday living and entertaining in mind, this move-in ready home offers an open-concept layout, spacious dining area, and a gorgeous chef's kitchen featuring a large breakfast bar and an abundance of storage. Enjoy seamless indoor-outdoor living with a covered front patio and an upper-level deck-perfect for morning coffee or hosting guests. The main level also features a versatile office space that can easily be converted into a third bedroom. Upstairs, you'll find well-appointed bedrooms along with the convenience of a laundry room on the same level. Additional upgrades include custom blinds throughout, a water softener, reverse osmosis system, custom closet installation, and added storage solutions. A rare two-car attached garage, plus access to beautifully maintained common outdoor entertaining spaces, make this home as functional as it is stylish. Located just steps from Bottleworks District, Mass Ave, Tinker Street, Foundry Provisions, and all that downtown has to offer-this is truly downtown living at its best.

1833 N New Jersey Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

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