Refine Search
Sort by
$149,900
2 Beds 1 Baths
Income-producing single-family rental on the near east side of Indianapolis, offered at $150,000. This 2-bedroom, 1-bathroom home sits on a slab foundation and is currently occupied by a tenant in place approximately four years with a consistent payment history, providing immediate cash flow with no lease-up period. Approximately 768 square feet. Recent system ages include roof at eight to nine years, mechanical systems at approximately eight years, and flooring at approximately five years, with the most recent rehab completed roughly four years ago. The property averages about two maintenance calls per year and the tenant pays all utilities. No open code violations. Located in the Hawthorne Manor area with quick access to downtown Indianapolis and the Emerson Avenue corridor. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current lease and rent roll available upon request. Property sold as-is.

4731 E 18th Street, Indianapolis

Listing courtesy of @properties.

$149,900
3 Beds 1 Baths
Welcome to 2102 Gent Avenue, a beautifully updated 3-bedroom, 1-bath home located in the heart of Indianapolis' vibrant Riverside neighborhood. Offering the perfect combination of modern updates, functional living space, and an unbeatable location, this move-in-ready home is ideal for homeowners and investors alike. Inside, you'll find a bright, open-concept living and dining area with stylish flooring, fresh neutral finishes, and abundant natural light. The updated kitchen features white shaker cabinetry, stainless steel appliances, modern hardware, and ample counter space, creating a clean and inviting space for cooking and entertaining. The renovated bathroom boasts contemporary fixtures and elegant tile work, while three comfortable bedrooms provide flexibility for family, guests, or a home office. Step outside to enjoy the fully fenced backyard, perfect for pets, gardening, outdoor gatherings, or simply relaxing in your own private outdoor space. A covered front porch adds to the home's charm, and the basement provides valuable extra storage. Situated in the rapidly growing Riverside neighborhood, this home offers convenient access to downtown Indianapolis while being just minutes from some of the city's most popular destinations, including Guggman Haus Brewing Co., The AMP at 16 Tech, Newfields, Riverside Park, and IU Health's Medical District. Enjoy the benefits of a neighborhood with exciting dining, entertainment, and recreation options just around the corner.

2102 Gent Avenue, Indianapolis

Listing courtesy of @properties.

$149,899
3 Beds 2 Baths
Strong-yield investment opportunity on Indianapolis' near northeast side, offered at $149,899 and leased at $1,735 per month, one of the highest rent-to-price ratios in this portfolio. Built in 1968, this is the newest building in the group, offering three bedrooms, one full and one half bathroom, and approximately 1,044 square feet on a slab foundation. The property is currently occupied under a one-year lease with approximately eight months remaining, delivering income from the closing table with no turnover or lease-up period. System ages include roof at eight to ten years, furnace and air conditioning at six to eight years, water heater at four years, and flooring at two to four years, with no reported plumbing or electrical issues. The property has required one maintenance call in the last six months and the tenant pays all utilities. No open code violations or liens. Located just east of the Indiana State Fairgrounds and minutes from Brookside Park in a corridor attracting continued reinvestment. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.

3130 N Olney Street, Indianapolis

Listing courtesy of @properties.

$148,000
2 Beds 1 Baths
Step inside this welcoming, all-brick ranch in the rapidly developing Twin Aire neighborhood and discover a bright, open single-level home packed with potential. Featuring two comfortable bedrooms, one full bathroom, and all appliances included, this property offers a highly functional layout that is perfect for first-time buyers or savvy investors. Previously operated as a successful mid-term rental, it provides ultimate flexibility as all furnishings can be included at no additional cost or removed prior to closing. Outside, you'll find a spacious, fully fenced backyard ideal for pets and entertaining, all situated in an unbeatable location just minutes from Downtown, Fountain Square, the East Side, and historic Irvington. Best of all, this solid home is positioned perfectly to benefit from the City of Indianapolis's massive $500 million investment into the Twin Aire district, making it an incredible opportunity you don't want to miss.

2526 English Avenue, Indianapolis

Listing courtesy of @properties.

$147,900
2 Beds 2 Baths
Located near Old Southside and Bates-Hendricks, this property offers a strong opportunity for buyers looking for an affordable home or investors searching for their next rental. Previously used as a rental and bringing in $1,275/month, the home is now vacant to allow for easy showings and a smoother transition for the next owner. With its central location, the property provides quick access to downtown Indianapolis, Fountain Square, Garfield Park, major commuter routes, local restaurants, coffee shops, and neighborhood development happening throughout the near south side. Whether you are looking to add to your portfolio or purchase a home in a growing area, this one offers flexibility, location, and income-producing potential.

1906 Charles Street, Indianapolis

Listing courtesy of @properties.

$140,000
4 Beds 1 Baths
Step into a piece of Rochester history! Built in 1897, this charming Queen Anne/Folk Victorian is filled with timeless character and the kind of craftsmanship that's hard to find today. From the original front doors and beautiful stained glass to the intricate woodwork and classic pocket door, every corner tells a story while offering the comfort of modern living. Inside, you'll find a warm farmhouse-style kitchen and bathroom, brand-new carpet, and a flexible layout with four bedrooms, including a convenient main-level primary suite and three additional bedrooms upstairs. Out back, enjoy your own private retreat with a fully fenced yard, a storage shed, and a charming clubhouse that's perfect for play, hobbies, or creating your own backyard hideaway. Located just minutes from downtown Rochester, you'll have easy access to local shops, restaurants, parks, and community events while coming home to a property full of character and charm. If you've been dreaming of a home with history, personality, and plenty of space to make your own, or perhaps a new investment property for your portfolio, this Victorian beauty is ready to welcome you!

513 W 5th Street, Rochester

Listing courtesy of @properties.

$140,000
2 Beds 1 Baths
Looking for an adorable, move-in ready cottage right in town? This impeccably maintained 2-bedroom, 1-bath home in Middletown is packed with character, featuring gorgeous shiplap accents and a spacious kitchen and dining combo that makes the main living area feel incredibly cozy yet open. You'll love the full bathroom's large soaking tub, and the basement offers fantastic extra storage space you don't always find in a cottage. Step outside to find a great detached garage and a private, fenced backyard perfect for pets or entertaining, plus a classic covered front porch made for relaxing. With unbelievably low property taxes, this is an affordable, turnkey opportunity to finally stop renting and own your own home!

118 N 8th Street, Middletown

Listing courtesy of @properties.

$120,000
Fully leased duplex with in-place income in Christian Park. This 2 bed / 1 bath per unit duplex sits just five miles east of downtown Indianapolis. Both units are leased month-to-month, one at $900/month and one at $800/month, generating $1,700 in combined monthly rental income and $20,400 in gross annual income. With both leases on a month-to-month basis, there's flexibility to adjust rents toward market rates as you take over. Valuable updates are already in place, including a new roof, siding, and gutters (2022), newer HVAC and central air, updated laminate flooring, tiled showers, and a new water heater (2025). Whether you're building a rental portfolio or adding a turnkey, income-producing asset, this is a great opportunity to own cash flow with upside in one of Indianapolis' most convenient east-side neighborhoods. Property is being sold as-is.

24 S Euclid Avenue, Indianapolis

Listing courtesy of @properties.

$119,900
3 Beds 1 Baths
Rare long-term leased investment on Indianapolis' near northeast side, offered at $120,000. This brick 3-bedroom, 1-bathroom single-family home is leased through October 2028 at $845 per month, with contractual annual increases of two to three percent built into the term. More than two years of contracted income makes this an unusually predictable hold, with a scheduled opportunity to reset rent to market at expiration. The current tenants have occupied the home for six to seven years and have maintained it well. Approximately 768 square feet on a slab foundation, brick construction keeps ongoing maintenance minimal. Air conditioning is approximately five years old, water heater four years, and roof ten years or more. Tenants pay all utilities. Annual property taxes of $976 are the lowest in this portfolio. Located close to Brookside Park and the Indiana State Fairgrounds in an active rental pocket drawing steady reinvestment. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Executed lease available upon request. Property sold as-is.

3018 N Olney Street, Indianapolis

Listing courtesy of @properties.

$114,899
2 Beds 1 Baths
Turnkey investment opportunity on Indianapolis' near east side, offered at $114,999. This 2-bedroom, 1-bathroom single-family home sits on a slab with an attached one-car garage and is currently occupied by a tenant on a one-year lease with approximately four months remaining. At roughly 570 square feet, the efficient floor plan keeps operating costs low and turnover minimal. Recent system ages include a furnace and air conditioner at approximately four years, water heater at three years, flooring at four years, and roof at eight to ten years, with no reported plumbing or electrical issues. The tenant pays all utilities. Located on a quiet residential stretch of North Leland Avenue in an established neighborhood of well-built single-family and multi-family homes, with convenient access to downtown Indianapolis. An ideal entry-level rental or an easy addition to an existing portfolio. One of thirteen buildings in a 17-unit Indianapolis rental portfolio available individually or as a package. Current rent roll available upon request. Property sold as-is.

2202 N Leland Avenue, Indianapolis

Listing courtesy of @properties.

$90,000
Unlock the potential of street frontage along a high-traffic corridor in one of Indianapolis' most dynamic growth areas. There are two contiguous lots. They are being sold separately. the listing ID for the second lot is 22059486. They are zoned MU-1, offering flexible development opportunities for commercial, residential, or mixed-use projects. Each lot is roughly 30 x 123. Located between Fountain Square and Garfield Park, this site boasts direct access to the Red Line rapid transit stop and the Pleasant Run Trail, ensuring strong foot traffic and commuter convenience. The parcel at 1729 also includes an additional small lot on the east side of the rear alley. It is roughly 30 x 49-ideal for added parking, a garden, or future expansion.

1733 Shelby Street, Indianapolis

Listing courtesy of @properties.

$90,000
Unlock the potential of street frontage along a high-traffic corridor in one of Indianapolis' most dynamic growth areas. There are two contiguous lots. They are being sold separately. the listing ID for the second lot is 22059498. They are zoned MU-1, offering flexible development opportunities for commercial, residential, or mixed-use projects. Each lot is roughly 30 x 123. Located between Fountain Square and Garfield Park, this site boasts direct access to the Red Line rapid transit stop and the Pleasant Run Trail, ensuring strong foot traffic and commuter convenience. The parcel at 1729 also includes an additional small lot on the east side of the rear alley. It is roughly 30 x 49-ideal for added parking, a garden, or future expansion.

1729 Shelby Street, Indianapolis

Listing courtesy of @properties.

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