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2326 Winthrop Avenue
$120,000
2 Beds ⋅ 1 Baths ⋅ 46205 Zip Code
Prime Investor Opportunity Near Monon Trail & Downtown - 2BR/1BA, 2-car detached Garage with Conversion Potential Excellent entry-level investment opportunity just 1 block from the Monon Trail in a gentrifaction area that's at full throttle! This property is currently configured as a 2/1, with an aapx 550SF garage BUT offers a unique opportunity to create two separate Single-Family Residential (SFR) units. Draft conceptual floor plans are attached to illustrate a potential layout for the two-unit configuration each with 2 BRs, washer/dryer hookup and off-street parking. The primary SFR has 1.5 baths and a porch. The 2nd unit is designed to be separately metered and totally electric to maximize the existing rooftop solar panels. This property offers a tremendous 'value-add' opportunity for an investor looking to sale/rent both SFRs and/or a homeowner looking to reside in 1 unit, and sell, rent or AirBNB the other. Offered AS-IS for just $120,000. The after-repaired value (ARV) as 2 separate SFR as drafted should excess $250k. Buyer due diligence is required to independently verify zoning, permitted use, ARV, etc.

2326 Winthrop Avenue

Listing courtesy of E & L Son Enterprise, LLC.

131 N 6th Avenue
$99,900
3 Beds ⋅ 1 Baths ⋅ 46107 Zip Code
Welcome home to 131 N 6th Ave, a charming single-story residence offering low-maintenance living in Beech Grove! Featuring 3 bedrooms, 1 full bathroom, and 1,152 square feet of functional interior living space, this home provides an efficient floor plan designed for easy everyday living. Inside, light-filled common areas include a comfortable living room that flows smoothly into a functional central kitchen and dining layout. All three well-proportioned bedrooms are conveniently situated on the main level alongside the full bath, providing smart layout efficiency and accessible everyday living. Outside, enjoy off-street parking and a manageable yard-ideal for outdoor relaxation, pets, or gardening. Ideally located just blocks from Main Street dining, local schools, parks, and quick commuting routes into Downtown Indianapolis

131 N 6th Avenue

Listing courtesy of Trelora Realty.

830 S Armstrong
$172,500
3 Beds ⋅ 2 Baths ⋅ 46901 Zip Code
Space, character, and a price that makes sense. This 3 bedroom, 2 bath two-story offers over 2,000 square feet of living space on a nicely sized Kokomo lot, giving you room to spread out without stretching your budget. Built in 1905, the home carries the charm of a classic Kokomo build with central air, gas forced-air heat, and an attached garage. A partial basement adds storage and flexibility, and there's room to put your own finishing touches on the place. At $179,000, you're getting roughly 300 more square feet than a nearby 3 bed, 2 bath that sold for $198,000 this summer. Homes with this much space at this price are hard to find. Offers reviewed as received, so schedule your showing today.

830 S Armstrong

Listing courtesy of Gardner Property Group.

1 Edwin Court
$230,000
4 Beds ⋅ 2 Baths ⋅ 46222 Zip Code
Welcome to 1 Edwin Ct-a beautifully updated Indianapolis home offering more space, comfort, and versatility than you might expect! With its expanded living space, extensive updates, added garage, included appliances, and special accommodations for camper or motorhome parking. This home offers features you won't find in every home in the area. Schedule your showing and come see everything this property has to offer! This home now features 4 bedrooms, including an added private en suite bedroom, making it ideal for guests, extended family, or anyone wanting additional privacy. A 1-car garage and welcoming front porch have also been added, providing both convenience and curb appeal. Inside, you'll appreciate the added laundry closet and pantry, along with a kitchen with an updated kitchen including dishwasher, stove, microwave, and refrigerator. The washer and dryer are also included, making this home truly move-in ready. Many of the home's major components have been updated, including the roof, water heater, furnace, central air-conditioning system, and electrical system. Additional electrical outlets have also been installed to accommodate campers and motorhomes, creating a unique opportunity for extra parking and convenience-especially during Indianapolis race season. Outside, a privacy fence across the back of the property creates a more secluded space for relaxing, entertaining, or enjoying the yard.

1 Edwin Court

Listing courtesy of RE/MAX Advanced Realty.

1863/1865/1867 Orleans Street
$250,000
46203 Zip Code
Take a look at this crazy good opportunity on the near SE side of downtown Indy, in the hot hot hot Bates Hendricks Neighborhood, where renovation is everywhere & equity is growing by the day. Sold individually or as a package, two free-standing homes sit right next to each other and come with an undeveloped third lot, making this a pretty unique investment package. How could you make this corner compound the shing star of your portfolio? Would you live in one and rent the other? Rent them both long-term? Maybe build a third to make the site even more lucrative? OR would you furnish them cute & turn this corner into your own Airbnb compound? They are PERFECT short-term rentals for all the guests who come to Indy to enjoy sports, entertainment and work contracts. Both homes have been recently renovated and are absolutely turn key right now. There are plenty of ways to make this package a cash cow that you can grow by adding a third residence OR by upping your rental rates w/ unique amenities within your compound that the third lot can accommodate (think: personal playground, volleyball pit, hottub, grilling station, etc - ALL the things that guests will pay top-dollar for during their long weekend stays or employment contracts. The possibilities are endless with TWO renovated homes, an additional lot, and a great location, and NO HOA to tell you what you can do with all this. Come take a look for yourself!

1863/1865/1867 Orleans Street

Listing courtesy of Carpenter, REALTORS®.

618 N Dequincy Street
$209,000
3 Beds ⋅ 3 Baths ⋅ 46201 Zip Code
Step into a true piece of architectural history with this charming Craftsman cottage original in Emerson Heights! From the moment you step toward the enormous covered front porch, you'll feel the character and soul that defines this home. It is a rare find, preserved with an incredible attention to detail that honors its early 20th-century roots. Inside, the home greets you with breathtaking wood trim and original leaded glass windows that filter the light beautifully. The living room, anchored by a cozy gas fireplace, flows seamlessly into a massive dining area. The two spaces are defined by iconic Craftsman columns and built-in bookshelves featuring leaded glass doors-a masterclass in historic craftsmanship. The dining room itself is a showstopper, complete with a built-in bench and original cabinetry. Throughout the home, many original light fixtures remain, including hardwoods under much of the carpet, adding an extra layer of vintage charm. The kitchen is a cozy and functional, equipped with a gas stove, featuring a custom tile backsplash. Outside, the property feels like a private sanctuary with a lush, English garden-like yard that offers a peaceful escape. Upstairs, you'll find three bedrooms and two full baths. The primary suite features a darling dressing room, double closets, and its own private full bath. The two additional bedrooms are spacious and share a second well-appointed full bathroom. If you love the carefully curated aesthetic that perfectly compliments the homes historic vibe, the beautiful furnishings can stay with the home. Perfectly nestled between vibrant Little Flower and historic Irvington, 618 Dequincy St. offers a unique opportunity to own a home that is as much a work of art as it is a place to live. It's a classic Emerson Heights gem waiting for its next chapter!

618 N Dequincy Street

Listing courtesy of Compass Indiana, LLC.

3949 Fletcher Avenue
$125,000
2 Beds ⋅ 2 Baths ⋅ 46203 Zip Code
Solid, well-built home with plenty of potential! 3949 Fletcher Ave offers a great opportunity for a buyer looking to put their own personal touches on a home with good bones and plenty of character. The home has been cared for over the years and features a functional layout with comfortable living spaces and great potential to make it your own. While the home could use some TLC and updating, much of the groundwork is already here. Bring your ideas, add some cosmetic updates, and create a home that reflects your style while building equity along the way. Whether you're a first-time buyer, investor, or someone looking for a project with potential, this property is worth a look. Come see the possibilities at 3949 Fletcher Ave and imagine what you can make it!

3949 Fletcher Avenue

Listing courtesy of F.C. Tucker Company.

3730 Prospect Street
$185,000
2 Beds ⋅ 2 Baths ⋅ 46203 Zip Code
Welcome to 3730 Prospect Street-a beautifully remodeled home in Indianapolis, updated inside and out and ready for its next owner! Situated on a large corner lot, this property features a newer privacy fence enclosing both the front and back yards, along with covered front and back porches-perfect spots to relax and enjoy the outdoors. Inside, the open kitchen shines with stainless steel appliances, granite countertops, and all-new cabinets, offering both style and function. New luxury vinyl plank flooring and carpet flow throughout the home, complemented by updated lighting for a fresh, modern feel. The main floor bathroom has been fully updated with a new vanity, a new toilet, a beautiful tile surround, and a custom niche. The finished basement adds valuable living space with a full bathroom, laundry, and bonus room-ideal for a rec room, home gym, or additional living area. With 2 bedrooms on the main level and the finished basement, this home offers a comfortable living space for your needs. Major systems have been thoughtfully updated for peace of mind, including a newer water heater (2020), furnace (2019), A/C (2024), and roof (2024), plus updated electrical and plumbing throughout, composite siding, and a large 2-car detached garage with an updated garage door. A large gravel driveway provides ample parking for residents and guests alike. This move-in-ready home combines modern updates with everyday convenience. Schedule your showing today!

3730 Prospect Street

Listing courtesy of Highgarden Real Estate.

2326 N Alabama Street
$228,500
46205 Zip Code
Built in 1915 and standing in Martindale's Lincoln Park, this side-by-side duplex offers three bedrooms and two full baths per unit across 3,164 square feet, roughly 1,582 per side. The original millwork and trim detail are still in place, and the roof is in genuinely good condition - the expensive part, already handled. Be clear-eyed about the rest: one unit is habitable, the other currently lacks heating and cooling, a full rehab is needed throughout, yet it's priced accordingly. The lot runs 5,576 square feet with a large rear parking pad off a clean alley - off-street parking for both units, which is rare this close to the core. Mass Ave, Tinker Street and the Old Northside are all within walking distance.

2326 N Alabama Street

Listing courtesy of Keller Williams Indpls Metro N.

413 N East Street
$240,000
3 Beds ⋅ 2 Baths ⋅ 46140 Zip Code
Welcome home to this charming two-story home full of character and possibilities! Step inside to a spacious living area with plenty of natural light and a comfortable layout that flows into the large kitchen, featuring abundant cabinetry, generous counter space, and an additional dining or breakfast area. The main level offers a bedroom and full bathroom, while upstairs provides additional rooms with unique architectural details and flexible space to make your own. Outside, enjoy the covered front porch, fenced backyard, patio area, storage shed, and a small parking pad conveniently located at the rear of the home. With plenty of room for outdoor entertaining, gardening, or relaxing, plus a blend of classic charm and functional living space, this home is ready for its next chapter!

413 N East Street

Listing courtesy of REMAX ONE.

721 Maplecrest Avenue
$242,900
2 Beds ⋅ 2 Baths ⋅ 46902 Zip Code
ADORABLE, UPDATED BEDFORD STONE RANCH in a convenient Kokomo location near Highland Park, IUK, shopping, restaurants and hospitals! This very well-cared-for home offers beautiful hardwood floors, a light-filled living room, spacious bedrooms with cedar-lined closets and an updated kitchen with custom hardwood countertops. The attached 2-car garage features an epoxy floor, bead board walls, half bath and utility room. Recent improvements include new ceiling fans, new tub and shower, dishwasher, water heater and kitchen faucet, plus fresh paint on the exterior trim and soffits. Outside, enjoy the covered patio with a cedar wall, storage shed with a newer roof & electrical service, along with extensive landscaping and a new rock garden. Additional updates over the past several years include HVAC, windows, plumbing, wiring, water softener, asphalt driveway and more. Move-in ready and clearly loved and maintained-this is one you'll want to see!

721 Maplecrest Avenue

Listing courtesy of Re/Max Realty One.

609 N Denny Street
$154,900
46201 Zip Code
Add to your rental portfolio or live in one side while renting out the other! This Grace Tuxedo duplex offers two 2-bedroom, 1-bath units with approximately 784 square feet per side and off-street parking. One side received a turnkey renovation in 2026 and is vacant and ready to lease or occupy, while the other is currently leased at $750/month through March 31, 2027. Estimated market rents of approximately $850-$950 per side offer potential for increased rental income over time, subject to existing lease terms and market conditions. Additional improvements include a new roof and water heater installed in 2022, per the seller. Nearby investment includes IndyGo's Blue Line along Washington Street, currently under construction with service anticipated in late 2028 and planned roadway, sidewalk and transit improvements throughout the corridor. A solid opportunity to generate income now with room for future upside.

609 N Denny Street

Listing courtesy of Trueblood Real Estate.

3021 E Bradbury Avenue
$190,000
4 Beds ⋅ 3 Baths ⋅ 46203 Zip Code
Opportunity awaits in this spacious 3-story home! Offering over 2,000 square feet of living space, this 4-bedroom home features a functional layout with one bedroom on the main level and three additional bedrooms upstairs. The home is livable in its current condition while providing plenty of opportunity for the next owner to update and make it their own. Situated on a double lot, there is no shortage of outdoor space for entertaining, gardening, recreation, or simply enjoying the extra room. The unfinished basement provides additional storage and potential for future finished living space. Several important updates have already been completed, including HVAC installed in 2024 and a new water heater in 2024. Conveniently located just minutes from I-65, this home offers easy access to surrounding communities, shopping, dining, and more. If you're looking for space, a great lot, and the opportunity to build equity through improvements, this property is worth a look!

3021 E Bradbury Avenue

Listing courtesy of Bennett Realty.

1226 N Emerson Avenue
$205,000
3 Beds ⋅ 1 Baths ⋅ 46219 Zip Code
Discover the charm of this delightful single-family residence inviting home ready for its next chapter. This bungalow-style residence offers an exceptional opportunity for comfortable living in a desirable location. This home presents three thoughtfully arranged bedrooms, providing ample personal space for relaxation and rejuvenation. A well-appointed full bathroom serves the household with convenience and style. New paint and landscaping. The property features a private yard, offering a secluded outdoor retreat for recreation or quiet contemplation. A welcoming porch extends an invitation to enjoy the outdoors and greet the day. Experience the ease and comfort this one-story residence provides; schedule your private viewing today.

1226 N Emerson Avenue

Listing courtesy of Vylla Home.

3244 Nicholas Avenue
$137,500
3 Beds ⋅ 1 Baths ⋅ 46218 Zip Code
Come by to see some of the latest updates to this property. This property has been well maintained and cared for and is waiting for you to acquire it. As you can see the landscaping has already been done for you, and all you have to do is hang out with both family and friends on the nice size front porch. With such a massive size back yard, (fenced in) the possibilities are endless, out-door kitchen, garden, garage, add on the property and expand sky is the limit. Some updates new flooring, paint throughout, bathroom, lighting, appliances, fixtures, and wait for it a NEW COOLING SYSTEM, for those hot summer days/nights! The basement has 864 square feet just waiting to be converted for additional living space. Don't just sit there, call your Broker to schedule you a showing today!

3244 Nicholas Avenue

Listing courtesy of JNA REALTY LLC.

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