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$177,000
3 Beds 1 Baths 46202 Zip Code
Excellent opportunity in the rapidly revitalizing Near Northside neighborhood! This 3-bedroom, 1-bathroom single-family home is surrounded by renovated and new construction homes and is located just minutes from Downtown Indianapolis. The home features two stories, a basement for additional storage, and a finished attic that can be used as a bedroom, office, or flex space. Major updates include shingles replaced in August 2025 and a new A/C system installed in April 2026. The property is currently tenant-occupied, with the tenant in place since 2023. Current rent is below market value, offering an excellent opportunity for future rental increases or owner occupancy once the lease expires. Whether you're looking to expand your investment portfolio or purchase a home in an appreciating area, this property offers strong long-term potential.

733 E 22nd Street

Listing courtesy of Rize Commercial Realty LLC.

$635,000
46201 Zip Code
Calling all investors or house hackers, this is your next big buy and hold opportunity, new construction 4-plex, estimated to be completed by 10/01/2026. Each unit features approximately 962 sq feet of living space, with 2 bedrooms and 1.5 baths per unit. This project being new construction, all you have to do is worry about cashing the rent checks for years to come, with no worries about big ticket repair items. This project is being built knowing there will be tenants so there will be no carpet, 1st and 2nd floor will have LVP and staircase will be a hardwood oak staircase. The kitchen will not have builder grade cabinets that easily fall apart with rentals, they will be all plywood construction, with soft close doors and drawers, granite countertops, double hung vinyl high efficient double pane windows. This home can also be purchased for a primary residence where you occupy one unit and renting the other 3 units, have the other 3 units pay your mortgage payment. This property can be purchased by itself or purchase the other two 4-plex properties right next door, 12 units in all for sale. Other addresses are 4221 E Washington ST (Listing ID: 22114049) and 4225 E Washington St (Listing ID: 22114269) Current Construction Phase...all mechanicals are complete waiting on inspection.

4223 E Washington Street

Listing courtesy of Victory Realty Team.

$375,000
2 Beds 2 Baths 46204 Zip Code
Perched on the 4th floor with north facing views of vibrant Mass Ave, this 2 bed, 2 bath condo offers the perfect blend of style, comfort, and location. Start your day or unwind in the evening on the private patio overlooking the energy of downtown. Inside, you'll find an open, light-filled layout with a cozy gas fireplace, stainless steel appliances, and granite countertops. Seller is offering a $5,000 credit for paint, closing costs, or interest rate buy down. Enjoy access to the lap pool, hot tub, sauna, gym, and secure garage parking + option to rent a 2nd outdoor parking space. Leave the car parked and step out of your door to Indy's premier Mass Ave dining, nightlife & entertainment district, the Cultural Trail & Bottleworks District - the most popular spot downtown today. Welcome home to Real Silk - Unit 408!

611 N Park Avenue

Listing courtesy of F.C. Tucker Company.

$250,000
3 Beds 2 Baths 46052 Zip Code
Move-In Ready Ranch on Ashley Drive - Feeling Fresh! Welcome home to 1509 Ashley Dr, a beautifully maintained ranch with recent updates that make it truly Move-In Ready! Nestled on a quiet street under mature shade trees, this home offers the kind of peace of mind buyers dream of. Step inside to find brand new engineered hardwood floors installed throughout the main living areas in 2023, backed by a manufacturer's lifetime guarantee (transferable to the new owner for a fee) clean, durable, beautiful floors that make everyday living easy. The living room, dining room, and kitchen have all been freshly painted, giving the home a bright, move-in-ready feel from the moment you walk through the door. The open, functional kitchen flows easily into the dining and living spaces, perfect for everyday living or entertaining. Down the hall, you'll find comfortable carpeted bedrooms and full bathrooms ready for their next family. Major system updates mean less to worry about after closing: a new water heater, an updated electrical panel, and new siding on the exterior. These aren't cosmetic upgrades they're the big-ticket items that give buyers real confidence. Out back, unwind in your very own hot tub, fully functional and professionally cleaned July 2026, tucked into a private outdoor space ideal for relaxing after a long day. The backyard offers room to entertain, garden, or simply enjoy Indiana evenings. With an attached one-car garage, front porch with a pergola, and a location close to everything Central Indiana has to offer, this home checks every box: updated, low-maintenance, and ready for its next chapter. Don't miss this one homes with this many recent updates don't last long!

1509 Ashley Drive

Listing courtesy of BluPrint Real Estate Group.

$350,000
4 Beds 3 Baths 46140 Zip Code
Nestled in a desirable Greenfield neighborhood, this gorgeous 4-bedroom, 3-bathroom tri-level home offers the ultimate retreat for today's lifestyle. Step inside to find durable luxury vinyl plank flooring flowing continuously throughout the entire home. The main level is designed for effortless gathering, featuring a bright and welcoming living room, a dedicated dining room, and a beautifully appointed kitchen. Head down to the lower level to discover a cozy secondary living space anchored by a sleek electric masonry fireplace, providing the perfect ambiance. This level also includes a versatile fourth bedroom that makes an ideal office or guest room, offering a quiet space for remote work or hosting out-of-town visitors. Upstairs, you will find three bedrooms, including the expansive primary suite. Serving as a true private oasis, the primary bedroom boasts generous square footage and a full en suite bathroom. Need more space? The unfinished basement offers a fantastic blank canvas with endless potential for a home gym, recreation room, or extensive storage. Major mechanical and structural upgrades provide ultimate peace of mind, including a brand-new roof (2026), a recently updated HVAC system (2025) complete with a whole-house humidifier, and a fantastic new deck (2024). Step outside to enjoy the beautifully landscaped, fully fenced backyard-an ideal outdoor escape that includes a handy storage shed for your lawn equipment. A highly desirable rear-entry garage keeps the front elevation clean and maximizes the home's exceptional curb appeal. Don't let this one slip away!

1214 Sherwood Drive

Listing courtesy of Carpenter, REALTORS®.

$235,000
3 Beds 2 Baths 46205 Zip Code
Discover Sutherland Place Townhomes, a community of just ten townhomes centered around a beautifully landscaped courtyard in popular Fall Creek Place. Beautiful landscaping leads to your covered front porch, setting the tone before you even step inside. Hardwood floors run through the great room and dining room, and the freshly painted main level is ready for your personal touch. The kitchen features newer stainless steel appliances, while upstairs you'll find two spacious bedrooms with generous closets. The finished lower level offers a third bedroom with an egress window plus flexible space for a home office, media room, or workout area. The HOA includes water, sewer, and trash, and gated parking is located just behind the building. You'll also love being just minutes from the Fall Creek Trail, Downtown Indy, Mass Ave, Bottleworks, neighborhood restaurants, and parks. If you're looking for low maintenance living in a small community with a great location, this one is worth seeing.

520 Sutherland Avenue

Listing courtesy of Keller Williams Indpls Metro N.

$239,000
46203 Zip Code
Excellent investment opportunity just minutes from Garfield Park! This unique property features two completely separate homes on one parcel, each with its own utilities, central A/C, private living space, and fenced yard access. The front home currently rents for $1,255/month and the rear home rents for $1,045/month, providing immediate rental income. Conveniently located near Garfield Park, shopping, restaurants, and public transportation, with easy access to downtown Indianapolis. Please note: The interior photos were taken prior to the current tenants moving in. We chose not to publish photos containing the tenants' personal belongings to respect their privacy. Additional interior photos are available upon request. Property is tenant occupied. Showings will be scheduled after an accepted offer to minimize disruption to the residents. Buyer inspections and walkthroughs will be completed during the due diligence period. Whether you're looking to add to your portfolio or own a property with two standalone rental homes, this is a rare opportunity in an area seeing continued investment and growth.

1201 Wade Street

Listing courtesy of Hanza Realty, LLC.

$635,000
46201 Zip Code
Calling all investors or house hackers, this is your next big buy and hold opportunity, new construction 4-plex, estimated to be completed by 10/01/2026. Each unit features approximately 962 sq feet of living space, with 2 bedrooms and 1.5 baths per unit. This project being new construction, all you have to do is worry about cashing the rent checks for years to come, with no worries about big ticket repair items. This project is being built knowing there will be tenants so there will be no carpet, 1st and 2nd floor will have LVP and staircase will be a hardwood oak staircase. The kitchen will not have builder grade cabinets that easily fall apart with rentals, they will be all plywood construction, with soft close doors and drawers, granite countertops, double hung vinyl high efficient double pane windows. This home can also be purchased for a primary residence where you occupy one unit and renting the other 3 units, have the other 3 units pay your mortgage payment. This property can be purchased by itself or purchase the other two 4-plex properties right next door, 12 units in all for sale. Other addresses are 4223 E Washington ST (Listing ID: 22114066) and 4225 E Washington St (Listing ID: 22114269) Current Construction Phase...all mechanicals are complete waiting on inspection.

4221 E Washington Street

Listing courtesy of Victory Realty Team.

$174,900
2 Beds 1 Baths 46201 Zip Code
Welcome home to this charming, move-in-ready ranch in the Cross Trails area, conveniently located just minutes from shopping, dining, and entertainment. Offering over 1,100 square feet of comfortable living space, this home features two spacious bedrooms, one full bath, hardwood floors, and fresh neutral paint throughout. A welcoming covered front porch creates the perfect spot to enjoy your morning coffee or unwind after a long day. Step inside to a bright and inviting living room that flows seamlessly into the dining area, providing an open and functional layout ideal for both everyday living and entertaining. The kitchen offers abundant cabinetry, generous counter space, a brand-new electric range, a dishwasher, and a refrigerator, making meal preparation both easy and convenient. Steps away, Find a dedicated laundry area to simplify daily routines. Just down the hall, you'll find two generously sized bedrooms filled with natural light and a full bath featuring a tub/shower combination and built-in shelving for added storage. The full basement offers exceptional storage space. Outside, the cozy backyard provides the perfect setting for gardening, entertaining, or simply relaxing with family and friends. A detached garage with alley access offers convenient off-street parking and additional storage. Combining timeless charm, thoughtful updates, and an unbeatable location close to everyday conveniences, this inviting home is ready for its next owner to move in and enjoy.

730 N Bosart Avenue

Listing courtesy of T&H Realty Services, Inc..

$649,900
2 Beds 4 Baths 46202 Zip Code
The Riley floor plan at 1232 Alabama Street delivers modern design and functional living in the heart of the Old Northside's Nouveau community. The entry level features a versatile flex space-ideal for a home office, gym, or lounge-plus an attached 2-car garage for easy city convenience. On the main living level, an airy open-concept layout centers around a designer kitchen with island that flows seamlessly into the living and dining areas, perfect for entertaining and everyday comfort. Upstairs, the bedroom level offers two spacious suites each with its own full bath, along with a conveniently located laundry closet. Topping it all is a private fourth-floor rooftop terrace-a standout space for relaxing or hosting with skyline views. Additional highlights include approximately 2,093 sq ft, 2 bedrooms, 2.5 baths, a dedicated office/flex room, smart-home features, and stylish finishes throughout.

1232 N Alabama Street

Listing courtesy of Onyx and East, LLC.

$167,000
4 Beds 4 Baths 46208 Zip Code
An investor's dream opportunity in a high-demand Indianapolis location! This side-by-side duplex features two spacious units, each offering 2 bedrooms and 1.5 bathrooms, along with a basement providing additional storage and flexibility. The property also includes a large backyard and a covered front patio, adding to its appeal. Located near the Children's Museum in an area experiencing significant revitalization, with many surrounding homes being renovated, this property offers excellent long-term upside potential. Unit 345 is currently vacant as of 6/2026 and ready for a new tenant or owner improvements, while Unit 347 has been tenant-occupied since 2024, providing immediate rental income. With the opportunity to increase rents to market levels and add value through strategic improvements, this duplex is a great addition to any investor's portfolio.

345 W 26th Street

Listing courtesy of Rize Commercial Realty LLC.

$385,000
46205 Zip Code
Discover this fully renovated multi-unit opportunity for both investors and house hackers alike. Nestled in the desirable Mapleton-Fall Creek neighborhood! There are 3 units, the main unit offers a spacious layout with three bedrooms, two bathrooms, abundant closet and pantry space, and an in-unit washer and dryer hookup. Second main level unit on back is a versatile studio/efficiency space complete with a private entrance, in-suite kitchen, and full bathroom. The third unit is an expansive upstairs area including one bedroom, one bathroom, and a dedicated office/flex space. There is ample parking space for a large number of occupants as well. This property is not only a fantastic investment, but also a perfect solution for those looking to offset their mortgage with rental income. The property is on 3 separate electric meters and 1 water meter. You don't want to miss this opportunity!

3408 Winthrop Avenue

Listing courtesy of My Agent.

$485,000
3 Beds 3 Baths 46203 Zip Code
Completely rebuilt and thoughtfully reimagined, this exceptional Fountain Square home is ready to welcome its next owner. No detail was overlooked and no expense was spared when a talented general contractor meticulously transformed this home as his own personal residence. While life has led the owners in a different direction, their incredible craftsmanship and attention to detail remain for the next owner to enjoy. A spacious covered front porch sets the tone, leading into a stunning two-story foyer that makes an unforgettable first impression. The expansive open-concept great room, anchored by a beautiful fireplace, offers the perfect space for everyday living and entertaining. At the heart of the home is a truly spectacular chef's kitchen, where impressive scale, custom finishes, thoughtful design, and superior craftsmanship come together to create the ultimate gathering space for family and friends. A private main-level office, den, or cozy TV room with glass French doors provides flexible living space to fit your lifestyle. Upstairs, the luxurious primary suite is a true retreat, featuring a spa-inspired bathroom, an oversized walk-in closet, and a charming Juliet balcony overlooking the beautifully landscaped backyard. Two additional bedrooms and an equally stunning full bath complete the upper level. Step outside into your own private urban oasis. Inspired by an English garden, the backyard features winding brick pathways, lush landscaping, a welcoming fire pit, and a charming potting shed, creating a peaceful retreat that's hard to believe is just moments from all that Fountain Square has to offer. A newer two-car detached garage completes this one-of-a-kind property. This is more than a beautifully renovated home-it's a showcase of exceptional quality, timeless design, and comfortable city living within walking distance of Fountain Square's acclaimed restaurants, entertainment, parks, and local favorites

1156 Spruce Street

Listing courtesy of F.C. Tucker Company.

$235,000
4 Beds 2 Baths 46203 Zip Code
** Opportunity Awaits at 1765 Tabor Drive, Indianapolis, IN 46203!** Bring your vision and unlock the potential of this **4-bedroom, 2-bathroom** home located in an established neighborhood on Indianapolis' southeast side. Whether you're an investor searching for your next project or a homeowner looking to create your dream space, this property offers incredible value and endless possibilities. Featuring a spacious floor plan with four generously sized bedrooms and two full bathrooms, there's plenty of room for a growing family or those needing extra space. With a little TLC, this home can truly shine and become a fantastic primary residence or investment property. Enjoy a convenient location just minutes from downtown Indianapolis, major highways, shopping, restaurants, parks, and schools, making commuting and daily errands a breeze. **Property Highlights:** * 4 Bedrooms * 2 Full Bathrooms * Spacious floor plan * Large backyard with room to entertain or garden * Great investment or owner-occupant opportunity * Convenient southeast Indianapolis location * **Sold As-Is** Don't miss this chance to build equity and transform this hidden gem into something special. Schedule your private showing today and imagine the possibilities!

1765 E Tabor Street

Listing courtesy of Forever Change LLC.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative