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5041 Iowa Street, Indianapolis
$30,000
Build your vision on this residential lot located at 5041 Iowa St in Indianapolis. Tucked into an established neighborhood, this parcel offers a great opportunity for a new construction home or long-term investment in a steadily growing area on the southeast side of the city. With utilities nearby and convenient access to major roadways, commuting to downtown Indianapolis, Fountain Square, and surrounding amenities is simple and efficient. The lot provides a manageable footprint ideal for a single-family home, with space to incorporate outdoor living, a garage, or additional landscaping to enhance value and appeal. Whether you're a builder looking for your next project or a buyer ready to create a custom home, this property offers flexibility and potential.

5041 Iowa Street, Indianapolis

Listing courtesy of Maria Lasher. eXp Realty LLC

402 E 32nd Street, Indianapolis
$100,000
An incredible opportunity awaits with this expansive corner lot offering over 7,300 square feet of buildable potential. Ideally located just minutes from downtown and the Monon Trail, this property places you near some of the city's most desirable amenities-shopping, dining, and entertainment-while still offering the space and flexibility to create something truly special. Surrounded by ongoing residential development and newly constructed homes, this lot is perfectly positioned for long-term value and growth. The prominent corner placement allows for enhanced curb appeal, multiple design possibilities, and a strong presence within the neighborhood. Whether you're an investor or a future homeowner, this is the perfect canvas to bring your vision to life. Bring your architectural plans and start building your dream home in a location that continues to evolve and attract attention.

402 E 32nd Street, Indianapolis

Listing courtesy of DeAnna Andrew. BLK Key Realty

2407 N Capitol Avenue, Indianapolis
$649,900
Step into a rare investment opportunity where style, flexibility, and income potential converge. This beautifully updated quadplex offers four fully furnished units, thoughtfully designed to maximize both comfort and revenue. Ideally located just moments from downtown nightlife, dining, and entertainment, the property benefits from consistently high occupancy driven by its prime location and boutique-style finishes. Current ownership has successfully operated the units as short-term rentals, demonstrating strong income performance with additional upside through a mix of short-term (STR) and mid-term rentals (MTR). The building features three well-appointed one-bedroom, one-bathroom single-level units, each recently upgraded with modern improvements. The fourth unit is a spacious two-bedroom, two-bathroom, two-level residence, complete with a large walk-in closet. Each bedroom in unit 4 includes a versatile spaces-perfect for additional seating, an office, cozy play area, reading nooks and or additional storage or whatever you decide! All four units can be sold fully furnished, offering a seamless, turnkey investment and or unfurnished. The property also includes two garages with capacity for at least three vehicles total, adding convenience and value for guests or tenants. Outdoors, a thoughtfully designed backyard patio provides multiple seating areas, creating a relaxing retreat ideal for entertaining or unwinding after a night in the city or a long day of work. With multiple exit strategies-including continued STR/MTR operation, conversion to long-term rentals, or redevelopment into townhomes or condos-this property also offers additional upside through the potential development of the included green space. Whether you're expanding your portfolio or seeking a versatile, income-producing asset, this property delivers on location, lifestyle, and long-term potential.

2407 N Capitol Avenue, Indianapolis

Listing courtesy of James Gilday. eXp Realty, LLC

932 Broadway Street, Indianapolis
$979,000
2 Beds ⋅ 3 Baths
Welcome to an exceptional downtown Indianapolis residence where sophisticated indoor living meets a spectacular 1,000-square-foot private rooftop terrace with sweeping skyline views. Located on a quiet, tree-lined street in sought-after Chatham Arch, this one-of-a-kind condo is just blocks from Mass Ave and Bottleworks. Designed for entertaining, the rooftop features an outdoor kitchen and bar, fireplace, firepit, television, sound system, and private putting green-all without the upkeep of a traditional yard. Inside, floor-to-ceiling windows fill the living room with natural light. The recently updated kitchen offers a fresh, contemporary feel, while the main living area includes a wet bar and dedicated wine closet. A private theater room, complete with distinctive wood doors that close to create a darkened cinematic setting, makes movie nights memorable. Additional highlights, three underground garage parking spaces, and private storage-an exceptional combination of space and convenience for downtown living. This rare private urban retreat is designed for effortless entertaining, incredible outdoor living and the freedom to enjoy the city on your terms. The luxury of a private home without the maintenance of a private home. The intimate 13-unit building offers privacy and tranquility, with no short-term rentals permitted. HOA services include building maintenance, landscaping, snow removal, water, trash, and recycling for true lock-and-leave living. Enjoy easy access to downtown's best restaurants, shopping, entertainment, sporting events, and music venues-all within walking distance and without the hassle of parking. More than a condominium, this is a rare private urban retreat offering extraordinary outdoor living and the luxury of a private home without the maintenance.

932 Broadway Street, Indianapolis

Listing courtesy of Noelle Hans-Daniels. The Agency Indy

1610 N Delaware Street, Indianapolis
$540,000
6 Beds ⋅ 6 Baths
Exceptional space, historic character, and an incredible Herron-Morton Place location. Offering 6 bedrooms, 5.5 baths, and nearly 5,700 square feet of finished living space, 1610 N Delaware delivers a rare combination of size, craftsmanship, and modern updates in one of downtown Indianapolis' most distinctive historic neighborhoods. Built in 1895, this impressive residence showcases the details that make historic homes special-soaring ceilings, substantial original trim and millwork, beautiful architectural character, and generously sized rooms-while thoughtful renovations and approximately $85,000 in recent improvements provide the comfort and functionality of modern living. The updated kitchen is designed for both everyday living and entertaining, featuring premium appliances including a new cooktop, dishwasher, and KitchenAid appliances. Multiple gathering spaces throughout the home provide remarkable flexibility for entertaining, working from home, hosting guests, or simply spreading out. The spacious primary suite offers a private retreat complete with its own balcony, while five additional bedrooms provide endless possibilities for family, guests, home offices, fitness space, or creative studios. A walk-in pantry adds another memorable feature to a home already filled with character. Outside, enjoy the charm and energy of Herron-Morton Place with convenient access to downtown Indianapolis, Mass Ave, Bottleworks, neighborhood parks, dining, entertainment, and everything that makes downtown living so appealing. For buyers who have been searching for historic architecture without sacrificing space, this is an opportunity that deserves a closer look. Six bedrooms, 5.5 baths, nearly 5,700 square feet, extensive updates, and an exceptional downtown location-all offered at $575,000. Back on the market after the previous buyer's home-sale contingency expired.

1610 N Delaware Street, Indianapolis

Listing courtesy of Chuck Pennington. Victor & Valor Property Group

237 Kansas Street, Indianapolis
$350,000
3 Beds ⋅ 3 Baths
Completely renovated and reimagined from the ground up and positioned just steps from Lucas Oil Stadium and downtown Indianapolis, 237 Kansas St delivers a rare combination of location, design, and flexibility. This is not a cosmetic renovation. Major mechanical systems have been replaced, creating a truly turnkey home that lives like new while maintaining its historic character. The open-concept main level is anchored by a chef's kitchen with light shaker cabinetry, granite countertops, LG stainless appliances, and dark bronze pendant lighting. Warm-toned LVP flooring, cream trim, and custom iron stair balusters create a cohesive, elevated feel throughout the home. The layout offers 3 bedrooms and 3 full bathrooms, including two private suites. The entire second level is a dedicated suite, featuring vaulted ceilings, a walk-in closet, full bath with frameless glass shower and granite countertops, and a flexible extra space ideal for home office, quiet lounge, or additional flex pace. Major components have been updated, including plumbing, electrical, HVAC, and a tankless water heater, providing low-maintenance ownership from day one. Outside, the covered front porch and spacious backyard offer room to expand or design a future deck, patio, or entertaining space to match your vision. For owner-occupants, this is move-in ready with modern functionality and thoughtful design. For investors, the location is difficult to replicate - walkable to Lucas Oil Stadium, downtown events, concerts, and year-round demand drivers that support consistent short-term rental potential. Historic character. Brand new systems. Unbeatable proximity to downtown. This is one you need to see in person.

237 Kansas Street, Indianapolis

Listing courtesy of Craig Deboor. Real Broker, LLC

1654 S Talbott Street, Indianapolis
$310,000
4 Beds ⋅ 2 Baths
Seller offering 2k in concessions with acceptable offer! Grants available for qualifying applicants for up to 5k. This thoughtfully reimagined home blends historic character with the kind of updates that actually matter. Behind its classic exterior, you'll find a fully renovated interior where the big-ticket work-plumbing, electrical, drywall, roof, sewer line, water line, waterproofing and more-has already been done, so you can simply move in and enjoy. The main living space is warm and inviting, anchored by a fireplace and framed by ceiling details that nod to the home's history while opening seamlessly into a modern layout. The kitchen is designed for real life, with stone countertops, shaker cabinetry, a generous peninsula with bar seating, and a striking chimney hood-equal parts functional and refined. The layout has been smartly reconfigured to make the most of every square foot. Throughout, thoughtful selections-from tile to lighting-honor the original character while elevating the overall design. The laundry is tucked into its own dedicated nook, and the attached garage (rare for downtown!) is highly practical and creates extra parking off the alley. With four bedrooms and two full baths, the home offers flexibility for hosting, working from home, or simply spreading out. Outside, multiple fully-fenced areas give you options: a welcoming front porch for connection, or a more private side deck perfect for grilling while your pup runs the yard. Located in the Old Southside Neighborhood , a quick walk away from all of the amenities of Bates-Hendricks and Fountain Square . This a rare opportunity to own a home where the heavy lifting is done and you have unlimited upside!

1654 S Talbott Street, Indianapolis

Listing courtesy of Sylva Zhang. @properties

812 E Minnesota Street, Indianapolis
$439,900
4 Beds ⋅ 4 Baths
Newer construction in the highly sought after Bates-Hendricks neighborhood! This stunning home offers four bedrooms, three full baths, and one half bath with an open-concept layout designed for modern living. The kitchen is a true showstopper, featuring high end finishes and a custom hidden pantry you have to see to believe. The main level includes a bedroom and full bath perfect for guests or a home office-while the upper level features a spacious primary suite along with two additional bedrooms. Thoughtful updates and quality craftsmanship are evident throughout the home. Enjoy a beautifully designed outdoor space and the convenience of a one car garage. Located within walking distance to popular restaurants, shops, and all that Bates-Hendricks has to offer, this home combines style, function, and an unbeatable location.

812 E Minnesota Street, Indianapolis

Listing courtesy of Seth Patton. Luxcity Realty

3825 Carrollton Avenue, Indianapolis
$354,900
3 Beds ⋅ 2 Baths
Welcome to 3825 Carrollton Avenue, where timeless 1920s charm meets modern updates in a highly desirable near-north Indianapolis neighborhood. Located in the Meridian-Kessler/Mapleton-Fall Creek area, this home offers convenient access to Downtown, Broad Ripple, Mass Ave, local restaurants, coffee shops, and parks, all while being tucked into a quiet, established community. This 3 bedroom, 2 bathroom home features a large unfinished basement with endless potential for additional living space, storage, or customization. A rare 3-car garage with driveway and rear turnaround space provides exceptional convenience and is hard to find in this area. The updated kitchen includes stainless steel appliances, brand new cabinets and countertops, and a gas range perfect for cooking and entertaining. The formal dining room showcases beautiful 1920s ceiling architecture, adding warmth and character. Upstairs, the primary suite offers a walk-in closet and a spacious ensuite bathroom complete with a soaking tub, separate shower, and double vanity. The home is filled with natural light thanks to an abundance of windows throughout. Additional features include a conveniently located rear laundry room, built-in bookshelves, and multiple spaces for entertaining or quiet relaxation. Nearby amenities include Brookside Park, the Monon Trail, and Fall Creek Trail, along with access to IndyGo bus routes and the Purple Line for easy commuting. A perfect blend of historic elegance and modern functionality, this home offers space, charm, and location all in one.

3825 Carrollton Avenue, Indianapolis

Listing courtesy of Ashley Marino. Berkshire Hathaway HomeServices

1805 Southeastern Avenue, Indianapolis
$289,900
Welcome to 1805 Southeastern Ave, a turnkey duplex offering an exceptional investment opportunity in the heart of Indianapolis! This income-producing property is already generating strong cash flow, with both units currently rented for $1,500 per month, bringing the total monthly rental income to $3,000 ($36,000 annually). Each unit is separately metered, helping keep operating expenses low, and both units feature in-unit washer and dryer hookups for added convenience. Recent improvements include two new furnaces and two new A/C units, providing peace of mind for years to come. Whether you're looking to add a stable, cash-flowing asset to your portfolio or secure a well-maintained multifamily investment in a growing area, this property is a fantastic opportunity. Conveniently located just minutes from downtown Indianapolis, 1805 Southeastern Ave is ready to start producing income from day one. Don't miss your chance to own this exceptional investment property!

1805 Southeastern Avenue, Indianapolis

Listing courtesy of Justin Wade. BLK Key Realty

2130 Brookside Parkway North Drive, Indianapolis
$665,000
5 Beds ⋅ 4 Baths
Charming new construction, inside and out, with no detail left unturned! Situated proudly, incorporating lush views at every angle. Steps away from the near east side's finest- Kan Kan Cinema, Amelia's Bakery, Spades Park, Factory Arts District, Bottleworks, and The Garage. Step inside to be adorned by modern character that sets this new construction home apart from the rest. Floor to ceiling windows, paired with double doors, gas fireplace, and impressive kitchen, lead you to crave entertaining on the main level. The upper levels spare no details, comprised of a grand primary suite - spacious bedroom, walk-in closet, bathroom with soaking tub, separate shower, and water closet - with high-end finishes and design, plus a private balcony to enjoy those lush views with a morning cup of coffee or evening beverage. Four additional spare bedrooms allow for plenty of space for family and friends to gather, including a secondary living room space. Spare bedroom off the back of the home makes for a great office, with outdoor entrance just out back. Secondary primary suite sets the perfect tone for overnight guests. Precious pups will be living their best lives with a fenced-in backyard and chic dog-wash station. Rare to find attached oversized 2-car garage downtown allows convenience at its finest, with a long driveway to accommodate additional parking. This one-of-a-kind masterpiece leaves nothing to be desired, including the possibility for a rate buydown and other builder incentives!

2130 Brookside Parkway North Drive, Indianapolis

Listing courtesy of Kristina Musielak. CENTURY 21 Scheetz

624 Woodruff Place Middle Drive, Indianapolis
$1,000,000
Investor opportunity in the beautiful historic Woodruff Place! This 9-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including new sewer, new boiler, new water heater, updates to bathrooms in 616, new interior paint in 4 units offering a mix of updated living spaces and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.

624 Woodruff Place Middle Drive, Indianapolis

Listing courtesy of Sarah Fishburn. F.C. Tucker Company

640 Woodruff Place Middle Drive, Indianapolis
$525,000
Investor opportunity in the beautiful historic Woodruff Place! This 4-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including new sewer, 3 of the 4 units have had remodeled bathrooms, 2 of the units have had the Kitchens remodeled, new AC in Unit 3, Roof was replaced in 2021 and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.

640 Woodruff Place Middle Drive, Indianapolis

Listing courtesy of Sarah Fishburn. F.C. Tucker Company

609 Woodruff Place Middle Drive, Indianapolis
$775,000
Investor opportunity in the beautiful historic Woodruff Place! This 5-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including a new boiler installed at the end of 2025, new water heaters installed in 2025, and two units that have been fully renovated, offering a mix of updated living spaces and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.

609 Woodruff Place Middle Drive, Indianapolis

Listing courtesy of Sarah Fishburn. F.C. Tucker Company

625 Woodruff Place Middle Drive, Indianapolis
$520,000
Investor opportunity in the beautiful historic Woodruff Place! This 4-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including remodels to all 4 units, new mini split in Unit 4, new forced AC in Unit 3, new kitchens, bathrooms, new water heater, new sump pump and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.

625 Woodruff Place Middle Drive, Indianapolis

Listing courtesy of Sarah Fishburn. F.C. Tucker Company

725 Woodruff Place Middle Drive, Indianapolis
$750,000
Investor opportunity in the beautiful historic Woodruff Place! This 7-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including new sewer, new Roof, 3 units renovated, 1 bathroom remodel in unit, new water heater, and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.

725 Woodruff Place Middle Drive, Indianapolis

Listing courtesy of Sarah Fishburn. F.C. Tucker Company

4464 Caroline Avenue, Indianapolis
$375,000
This home offers a brand-new construction and a wonderful living space in a vibrant city setting. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with Tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 972 square feet of living area, the layout offers a comfortable, modern, homey feel. The residence features 2 bedrooms and 2 full baths, providing enough space for a variety of lifestyle needs, from a home office to guest accommodations. Imagine the convenience and starting your mornings and a relaxing end to your evenings. The lot area is perfect for outdoor enjoyment and relaxation. This INDIANAPOLIS home creates a personalized living experience. This Property is broker owned.

4464 Caroline Avenue, Indianapolis

Listing courtesy of Alec Neu. Neu Real Estate Group

2624 E 18th Street, Indianapolis
$159,900
2 Beds ⋅ 1 Baths
Step into class with this freshly remodeled home near Factory Arts district! Walk through the front door and feel the home open up, from the living room all the way to the kitchen. This home has been designed for modern convenience and elegant style. Float over the luxury flooring that carries through the entire home. This high end flooring will greet you every day and keep the home not just looking great, but FEELING great as you live here. Fast forward to the kitchen where everything is new. New cabinets, quartz countertops, dishwasher, stainless steel appliances. This kitchen has all the modern conveniences to make cooking a joy. Speaking of convenience, the home comes with stackable washer/dryer, a new HVAC, and a fully remodeled bathroom. Indianapolis has tons to offer downtown, you will be close to methodist, the childrens museum, mass ave, bottleworks, Eskenazi, IU indianapolis, fountain square, and so much more. With shops within a short walk this will be perfect for a Friday night in and a Saturday night out. This home is clean, crisp, and ready for you to make it a home. We're excited to see you soon!

2624 E 18th Street, Indianapolis

Listing courtesy of Alexander Moore. FULL CANOPY REAL ESTATE, LLC

1504 N Park Avenue, Indianapolis
$3,900,000
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 Terry Brown. CENTURY 21 Scheetz

543 N Temple Avenue, Indianapolis
$180,000
3 Beds ⋅ 2 Baths
In a neighborhood where updated homes average $313,200 and recent sales have passed the $400,000's, this Historic Saint Clair gem is the ultimate value play! Meticulously prepared with a complete fresh professional paint job and a deep clean, this home offers total peace of mind with an 8 year old roof and a 3 year new HVAC, furnace, and water heater. The main level features soaring 10-foot ceilings, custom crown moldings, and a convenient powder room, while the fully finished, habitable basement provides a perfect footprint for a private studio or home gym. With a brand-new 2-car garage and a massive fenced yard with even more private parking space, already in place, additional kitchen countertops and bedroom flooring remain a blank canvas for your personal style. Minutes from the best of the Near Eastside, this polished masterpiece is ready for you to add the final touches and walk into instant equity.

543 N Temple Avenue, Indianapolis

Listing courtesy of Nancy Hernandez. F.C. Tucker Company

3101 E Bradbury Avenue, Indianapolis
$160,000
**Just REDUCED!! Seize the day and take advantage of an excellent opportunity for an investor who wants a nice brick duplex that cash flows! Located just NW of Beech Grove, this rental property has 762 sf of space/unit with 2 BR's and 1 BA on each side. The first unit's address is 2401 S Perkins and is vacant, and newly rehabbed. It features new LVL flooring throughout, fresh paint, new smoke detectors, newly updated bath with new vanity, sink, faucet, new bath faucet for new shower/tub & new surround. The eat-in kitchen is 12 x12 and has a new drop in sink and faucet, LVL flooring. The unit at 3101 is now vacant also and has been cleaned, and painted throughout, has new smoke detectors. The 3101 side needs new flooring (either carpet or LVL in the bedrooms, hall, and living room. It is a mirror floor plan of the other unit. Both sides have gas heat, central air, laundry hookups, private driveways for parking, and storage sheds. Market rent for this property is $1,000/side, so do not miss the chance to get a solid, cash-flowing investment! Tenants will have convenient access to Beech Grove, Fountain Square, and downtown Indy. This affordable property is being sold "as-is".

3101 E Bradbury Avenue, Indianapolis

Listing courtesy of Joe Farley. Tomorrow Realty, Inc.

2702 N Talbott Street, Indianapolis
$179,900
2 Beds ⋅ 1 Baths
Buy this home and rent it out (long-term or short-term), or move right in. With newer HVAC, new windows and a $5,000 grant from Key Bank, you're playing with house money on this scrupulously updated condo. And you won't find a more affordable HOA fee. Like exploring the city? This home is equidistant from all the fun and activities found downtown and in Broad Ripple, and just a block from the Red Line. . The new construction and ongoing development of Mapleton Fall Creek make this warm, wonderful home a sound purchase in a rising neighborhood. Enjoy the new oven and range and new paint throughout. The large living room has plenty of space to stretch out with a great view of the green space right outside the window. The primary bedroom opens onto a deck where you can sip coffee or relax after a long day. A finished basement is waiting for you to turn it into a gaming space, hobby room, or whatever you like. Unlike other units in this building, the garage is completely accessible for your car. Walk, jog or pedal to nearby Al Polin Park or the Fall Creek Trail. HOA is collecting bids to rebuild the decks and stairs attached to this unit and the unit above. Timing and contractors for the rebuild have yet to be finalized. bbb

2702 N Talbott Street, Indianapolis

Listing courtesy of Chris Varnau. F.C. Tucker Company

5000 Southeastern Avenue, Indianapolis
$575,000
Real estate remains the most proven path to long-term wealth - and stabilized, income-producing multifamily assets are where disciplined investors create predictable returns. This 12-unit mix of studios and 1 bedroom property offers immediate cash flow and long-term upside, currently producing a strong 8.1% cap rate with professional property management in place - or an impressive 9.2% cap rate for an owner who chooses to self-manage. Historically fully occupied, the asset has demonstrated consistent rental growth with renewals averaging $20-$25 annual increases, reinforcing both tenant satisfaction and reliable income expansion. The seller has implemented extensive capital improvements and spared no expense to protect the asset and enhance tenant retention. Upgrades include new front and rear entry doors, seven security cameras, two new water heaters, four new furnaces, a new coating on the flat portion of the roof, updated gutters, fascia boards, and soffits. Several units feature new flooring, updated lighting, and refreshed cabinetry. All 12 units are efficient studio layouts with full kitchens and private bathrooms, meeting strong workforce housing demand. An additional room presents a value-add opportunity and could potentially be converted into a 13th unit for increased income. Operational continuity is already in place. One tenant currently receives discounted rent in exchange for assisting with on-site management duties, and established exterior maintenance vendors are set for a smooth transition. All tenants are current, making this a true turnkey investment. Strategically positioned near the I-465 and I-74 interchange, just north of Beech Grove and a short drive to downtown Indianapolis, the property benefits from excellent commuter access and sustained rental demand within the Indianapolis metro. This is a stabilized, cash-flowing multifamily asset with strong returns today and expansion potential tomorrow. Tenant rights apply.

5000 Southeastern Avenue, Indianapolis

Listing courtesy of Annie Scott. F.C. Tucker Company

Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


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