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$110,000
3 Beds ⋅ 2 Baths
A vacant 3-bed/1.5-bath single-family with a detached garage sitting in one of Indianapolis's most connected corridors - easy access to Downtown, Broad Ripple, and the Fairgrounds all within minutes. Move-in ready for a tenant, this is a clean value-add opportunity at $139,900 with no waiting and no red tape.

3757 Caroline Avenue, Indianapolis

Listing courtesy of @properties.

$108,000
2 Beds ⋅ 1 Baths
RENTED FOR $1,425/MONTH, this West Indianapolis single-family is generating income on day one with a lease in place through September 2026. Walking distance to Riverside Park, this is a low entry point at $115,000 with a reliable tenant already in place - an easy add to any rental portfolio.

1440 Herschell Avenue, Indianapolis

Listing courtesy of @properties.

$106,000
2 Beds ⋅ 1 Baths
RENTED FOR $1,200/MONTH, this Old Southside single-family is generating income on day one with a lease in place through November 2026. Located just minutes from downtown Indianapolis, this is a low entry point at $129,900 with a tenant already in place - no work, no wait.

1909 Union Street, Indianapolis

Listing courtesy of @properties.

$105,000
3 Beds ⋅ 1 Baths
Great investment opportunity, rent comps show likely rent to be $1,250-$1,350.

840 S Pershing Avenue, Indianapolis

Listing courtesy of @properties.

$100,000
1 Beds ⋅ 1 Baths
This 1 bedroom, 1 bathroom furnished condo in Renaissance Towers offers the perfect blend of urban living and affordability in downtown Indianapolis. With its prime location, dedicated parking, and convenient amenities, it's an opportunity not to be missed for those seeking a low maintenance lifestyle in Indy. This main level condo includes luxury vinyl flooring, stainless steel appliances and updated paint. This condo also offers practical amenities such as on-site laundry facilities, bike storage and dedicated parking spaces. Just a stone's throw away from popular destinations Mass Ave, Bottleworks, Murat Theatre, and the Central Library with quick highway access and walking distance to several large employers. HOA includes wireless internet, basic cable, water and gas.

230 E 9th Street, Indianapolis

Listing courtesy of @properties.

$99,950
2 Beds ⋅ 1 Baths
2 Bedroom 1 bathroom with fresh carpet throughout, this home is perfectly situated near downtown, Garfield Park, and interstates. Possibilities abound with a large kitchen footprint and extra space within the laundry area. A large backyard, newly painted front porch and garage space round a well rounded property. Make this one your own or a great rental.

1812 E Kelly Street, Indianapolis

Listing courtesy of @properties.

$99,900
3 Beds ⋅ 2 Baths
Rare double-lot flip/development opportunity in one of the near south side's most actively renovated historic pockets. This 3-bedroom, 1-bath (with plumbing already installed for a second full bath - potential for 2 full baths total), 1,622-square-foot home sits on 7,318 square feet across two parcels - roughly double the width of surrounding lots - with a solid foundation and the heavy, unglamorous work already done. What's already completed: a new roof, new upsized water and sewer lines, a functional furnace, and drainage that's nearly complete. The home has been gutted to the studs and insulation, reframed for an open first-floor layout. Fully custom, stamped architectural plans for a carriage house/ADU are available by request. Since the sewer and water lines are already upsized and ready for ADU tie-in, no new taps are needed - an estimated $15K-$20K savings off the build. Estimated $110K-$150K to finish out. After Repair Value: $275K-$375K, depending on the route the investor takes. Located in the Bates-Hendricks Historic District, walkable to Fountain Square and just minutes from downtown Indianapolis. Cash or hard money only.

832 E Beecher Street, Indianapolis

Listing courtesy of @properties.

$87,500
1 Beds ⋅ 1 Baths
Single family turn key investment property beating the 1% rule! This Bean Creek 1/1 home with a fenced-in yard and a two-car garage is a turnkey, stabilized rental with excellent tenants, cash-flowing above the 1% rule with $915/month rental income through 6/4 2026. Tenant pays all utilities. Rental demand for single-family homes at this price point with an enclosed yard is very high. All appliances convey with the property. Showings this week only: Wednesday from 6:00 to 8:00 p.m. and Saturday from 1:00 to 4:00 p.m.

1325 Finley Avenue, Indianapolis

Listing courtesy of @properties.

$75,000
2 Beds ⋅ 1 Baths
Incredible opportunity to add this value add property to your rental portfolio! Located on the near Eastside just minutes from downtown, Irvington, and much more! This 2 bedroom, 1 bath property is a great entry point for a first time investor to put in some sweat equity. Priced well below area comps. Schedule your showing today! property sold as-is

801 N Grant Avenue, Indianapolis

Listing courtesy of @properties.

$70,000
Opportunity for builders and investors at 2926 Ruckle St! This vacant residential lot measures approximately 41' x 131' and is zoned D-5. Marion County records classify the property as a Residential Two-Family Platted Lot, and the property record includes a memorandum referencing Permit STR23-05349 for a new two-story double. Located in an established Indianapolis neighborhood with convenient access to downtown and surrounding amenities. Whether you're looking for your next infill project or investment opportunity, this lot is worth a look. Buyer to independently verify zoning, current permit status, utilities, building requirements, and intended use with the appropriate local authorities.

2926 Ruckle Street, Indianapolis

Listing courtesy of @properties.

$69,900
Vacant lot located in an area experiencing continued investment and neighborhood revitalization. Surrounded by a mix of new construction and renovated properties, this parcel presents a great opportunity for builders, investors, or buyers looking to develop in a growing part of the city. Conveniently located with easy access to downtown Indianapolis, major roadways, and neighborhood amenities. Buyer to verify zoning and permitted uses.

1710 E Ohio Street, Indianapolis

Listing courtesy of @properties.

$60,500
APN: 1104443 5,227.2 sqft Lot Size I3 Zoning 47 x 120 ft $60,500

69 S Lasalle Street, Indianapolis

Listing courtesy of @properties.

$60,000
Build your dream home in one of downtown Indianapolis most desirable neighborhoods. This prime buildable lot creates opportunity for you to build your dream home or your next investment property. With new construction, and continued growth throughout the area, this is a rare chance to secure a homesite in a location that perfectly blends urban convenience with neighborhood charm.

531 E 20th Street, Indianapolis

Listing courtesy of @properties.

$60,000
Construct your dream home on this vacant lot located in sought-after, historic Bates-Hendricks neighborhood within walking distance to local eateries, shops, parks, and trails. Building Plans available with acceptable offer. Lot dimensions 34 ft x 137 ft.

1867 New Street, Indianapolis

Listing courtesy of @properties.

$59,900
Buildable lot in popular Spades Park. Walking distance to Kan Kan, Amelias, the Factory Arts District, North Mass Boulder and Bottleworks. Minutes from the Monon Trail and local amenities. Mature trees. Lot is prepped and ready for a new build. There is an existing garage on the lot with electric. Utilities are on site.

2304 Coyner Avenue, Indianapolis

Listing courtesy of @properties.

$55,000
40x76 lot for sale. Please see agent remarks for more information.

3102 Ruckle Street, Indianapolis

Listing courtesy of @properties.

$45,000
Buildable lot in a revitalized neighborhood close to downtown. Located on E Michigan St, this lot offers easy access to downtown, just a 5 minute drive. Water, sewer, and electric are already ran onto the property. Come discover this perfect lot for your dream home!

2041 E Michigan Street, Indianapolis

Listing courtesy of @properties.

$43,000
In the center of development of downtown Indianapolis, this lot has already had much of the cleaning complete. APN: 491006101002000101 4,791.6 sqft Lot Size Mixed Use One District Zoning 33 x 145 ft

2115 E Michigan Street, Indianapolis

Listing courtesy of @properties.

$37,500
Prime Downtown Buildable Lot- Endless Possibilities! An exceptional opportunity to build in one of downtowns most exciting and rapidly growing neighborhoods. Enjoy the convenience of being just minutes from downtown dining, local breweries, entertainment, parks, hospitals, and major highways.

530 N Dearborn Street, Indianapolis

Listing courtesy of @properties.

$37,500
Build now or invest for the future-vacant lots in desirable downtown locations are becoming harder to find. Discover the potential of this ideally located property. Build your dream home or your next investment property!

14 Jefferson Avenue, Indianapolis

Listing courtesy of @properties.

$37,500
Enjoy an unbeatable location with quick access to downtown Indy, vibrant restaurants, coffee, shops, sports venues, and cultural attractions. Build your dream home or your first investment property. This property provides the flexibility to make it completely your own.

518 N Oakland Avenue, Indianapolis

Listing courtesy of @properties.

$35,000
40 x 130 lot for sale.

2016 N Dexter Street, Indianapolis

Listing courtesy of @properties.

$35,000
51 X 130 lot for sale.

1771 Roosevelt Avenue, Indianapolis

Listing courtesy of @properties.

$35,000
33 x 135 lot for sale.

2198 N Dexter Street, Indianapolis

Listing courtesy of @properties.

$32,000
APN: 491017118005000101 5,227.2 Sqft Lot Size D5 Zoning 36 x 141 ft

1343 Golay Street, Indianapolis

Listing courtesy of @properties.

$32,000
35 x 117 lot for sale.

2009 Hillside Avenue, Indianapolis

Listing courtesy of @properties.

$32,000
35 x 101 lot for sale.

1963 Hillside Avenue, Indianapolis

Listing courtesy of @properties.

$30,000
This 35' x 170' lot is for sale -- Great building opportunity! Located near the intersection of W 34th St & Doctor M.L.K. Jr -- just minutes from downtown Indianapolis, IU Indianapolis, the IU Health University Hospital complex, Broadripple, Crown Hill and local parks, with easy access to major transit lines & highways. Utilities nearby. All information is deemed reliable but not guaranteed. Buyer to verify all aspects of the property, including zoning, utilities, and building requirements.

947 W 34th Street, Indianapolis

Listing courtesy of @properties.

$30,000
Teardown from a previous house fire. Utilities on Site. Ready to build!

6142 Meadowlark Drive, Indianapolis

Listing courtesy of @properties.

$30,000
40 by 130 lot for sale.

1217 W 25th Street, Indianapolis

Listing courtesy of @properties.

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