Refine Search
Sort by
1145 Madeira Street, Indianapolis
$114,900
3 Beds ⋅ 1 Baths
Excellent opportunity to add a cash-flowing investment property to your portfolio! This 3-bedroom, 1-bathroom home is tenant-occupied with a long-term lease in place at $1,250 per month through January 31, 2027, providing immediate rental income from day one. The current tenants have been reliable, pay rent consistently, and have been low-maintenance residents, making this a truly turnkey investment for the next owner. In accordance with tenant rights and to respect their quiet enjoyment of the property, showings will be scheduled only after an accepted offer. Please note that the washer, dryer, range, and refrigerator are owned by the tenants and will not convey with the sale. Whether you're an experienced investor looking to expand your portfolio or seeking a stable income-producing property, this home offers an excellent opportunity with an established tenancy already in place.

1145 Madeira Street, Indianapolis

Listing courtesy of Ashley Marino. Berkshire Hathaway HomeServices

342 W 26th Street, Indianapolis
$114,000
3 Beds ⋅ 2 Baths
Excellent value-add investment opportunity in an area experiencing revitalization! This 3-bedroom, 1.5-bathroom single-family home sits on a corner lot and features a covered front porch along with a basement offering additional storage and flexibility. Major updates include a roof replacement in December 2021 and a furnace replacement in November 2024. Conveniently located less than one mile from I-65 and the Children's Museum, the property offers easy access to Downtown Indianapolis and surrounding amenities. The home is currently leased to a long-term tenant who has been in place since 2016, providing immediate rental income. Current rent is below market value, presenting an excellent opportunity to increase rents to market levels and create additional value. With its desirable location, recent mechanical updates, and rental upside, this property is a strong addition to any investment portfolio.

342 W 26th Street, Indianapolis

Listing courtesy of Karanjod Cheema. Rize Commercial Realty LLC

40 S Chester Avenue, Indianapolis
$114,000
4 Beds ⋅ 1 Baths
This 4-bedroom, 1-bathroom single-family home features a detached one-car garage with convenient alley access and is currently tenant-occupied, providing immediate rental income. The home offers a functional layout with a formal living room, separate dining room, and a kitchen featuring an eat-in area and breakfast room. Two bedrooms are located on the main level, with two additional bedrooms upstairs, providing flexible living space. Please note that the second floor does not have central heating or air conditioning. Outside, you'll find a covered front porch, a fenced front yard, and a spacious backyard. Whether you're looking to expand your investment portfolio or purchase a property with value-add potential, this home offers strong upside in a convenient Indianapolis location.

40 S Chester Avenue, Indianapolis

Listing courtesy of Karanjod Cheema. Rize Commercial Realty LLC

1105 Worcester Avenue, Indianapolis
$112,500
3 Beds ⋅ 2 Baths
Welcome to this three-bedroom, one-and-a-half-bath ranch in Jefferson Gardens with plenty of space inside and out. The kitchen has been fully updated with stainless steel appliances, butcher block counters, a tile backsplash, large sink, and a breakfast bar that opens to the dining area. Both the front and rear enclosed porches expand the living space and create comfortable spots for relaxing or entertaining year-round. Storage and utility are highlights here. In addition to an oversized one-car garage and carport, the property offers three separate outbuildings that can be used for a workshop, garden shed, or hobby space. The fully fenced yard provides privacy and room to enjoy the outdoors. Inside, you'll find a flexible floor plan with a dining/family combo, laundry area with half bath, and three bedrooms on the main level. Located on a manageable lot with sidewalks, municipal water, and sewer, this home offers a balance of comfort and functionality. With so many spaces to use and customize, it's an ideal opportunity for anyone looking for a home that works as hard as they do.

1105 Worcester Avenue, Indianapolis

Listing courtesy of Lora Reynolds. Epique Inc

3402 E New York Street, Indianapolis
$110,000
3 Beds ⋅ 2 Baths
Calling all investors, This is your next flip project, with great comps to support and ARV of 210,000 conservatively. Several things have already been done to this home, such as mechanicals, kitchen, and flooring, This one doesn't need a major overhaul, just finish it out with 2 bedroom upstairs, 1 bedroom downstair, put in back on the market and put money back in your pocket. Walls upstairs will have to be re-built to put back to 2 bedrooms and wall and closet will have to be put back to create bedroom off of living room. Or keep as 2 bedroom with living room and dining room. If you are looking to buy and hold, this is a great option as well, 20k gets this property ready to be rented and start cash flowing immediately. Come see for yourself, hurry houses in this area don't last long.

3402 E New York Street, Indianapolis

Listing courtesy of Shane Burns. Victory Realty Team

3351 Kenwood Avenue N, Indianapolis
$110,000
4 Beds ⋅ 2 Baths
Renovation opportunity in Crown Hill! This 4-bedroom, 1.5-bath home offers approximately 1,904 finished SqFt across two stories, with a basement providing additional storage. The home offers room for updates and personal touches, with potential to finish the attic for additional living space. A detached 1-car garage offers an additional improvement opportunity. Nearby renovated sales suggest potential resale value in the low-to-mid $200s after remodeling, depending on the improvements and market conditions. Ideally located minutes from the $4.3B IU Health hospital complex, the Children's Museum, and the 16 Tech innovation district, with new mixed-use investment underway at 34th & Illinois. An opportunity for a renovation project, a potential rental investment or a buyer looking to update a home and build equity."

3351 Kenwood Avenue N, Indianapolis

Listing courtesy of Ryan Boyd. Trueblood Real Estate

11725 Weber Lane, Bloomfield
$110,000
3 Beds ⋅ 2 Baths
6.65 ACRES of heavily wooded land with endless possibilities! Whether you're looking for privacy, recreation, room for future improvements, or simply a large piece of ground to call your own, this property offers a ton of potential. The mature woods may also provide opportunities for timber value and potential property-tax advantages through qualifying land-use programs. The property includes a 3-bedroom, 2-bath fixer-upper ready for someone to bring it back to life, along with a detached garage for additional storage or workspace. With acreage, woods, existing improvements, and plenty of room to make it your own, there are countless directions a new owner could take this property. IMPORTANT: Property is being offered CASH ONLY and AS-IS. There is also a mobile home/trailer located just off the main road for which the seller does not possess title. Seller has been unable to obtain title or establish contact with the prior owner who may or may not possess it. Buyer must be willing to accept the property with the mobile home remaining in place and assume responsibility after closing for resolving its ownership/title status and any removal or disposition. Seller will not provide title to or remove the mobile home prior to closing.

11725 Weber Lane, Bloomfield

Listing courtesy of Travis Carpenter. Indiana Ford Realty LLC

3312 Bethel Avenue, Indianapolis
$110,000
3 Beds ⋅ 2 Baths
Opportunity is knocking with this spacious property situated on and oversized lot with tremendous upside. Featuring multiple living areas, generous bedroom sizes, a functional floor plan, and a large fenced backyard, this home is ready for an investor to unlock its full potential. The property offers excellent curb appeal, an expansive front yard, plenty of off-street parking with a covered carport, a large covered rear patio perfect for entertaining, and a storage shed. Inside, much of the heavy lifting has already begun, making it an ideal project for a fix-and-flip, BRRRR strategy, or long-term rental portfolio addition. Bring your contractor and your imagination. Properties with this much potential don't last long! Sold As-Is. Cash or renovation financing preferred.

3312 Bethel Avenue, Indianapolis

Listing courtesy of Jordan Parker. Scott Estates

415 E 28th Street, Muncie
$110,000
3 Beds ⋅ 1 Baths
Make the discovery! Solid Bones & Modern Comforts - Endless Potential! Welcome to this charming 3-bedroom, 1-bathroom home that has been lovingly maintained and is ready for its next chapter! Newer high-efficiency HVAC system, city water and sewer connections, and a super functional dedicated mudroom (thoughtfully converted from its original utility space), this home offers the ideal foundation for comfortable living. The interior boasts a well-kept layout with great natural light. Home as been meticulously cared for over the years, making it an incredible opportunity for buyers looking to build instant equity or add their personal design touches. Over 1/4 acre lot, expanded garage and fully fenced backyard. This one wont last long! Note: Photos have been digitally staged/edited to show the home cleared. An estate sale is currently underway, but the home is available for showings today!

415 E 28th Street, Muncie

Listing courtesy of Shaina Chatman. Austyn Avenue Real Estate

5007 E 34th Street, Indianapolis
$109,999
2 Beds ⋅ 1 Baths
Opportunity meets potential in this charming 2-bedroom, 1-bath home! Whether you're a first-time buyer ready to stop renting, an owner-occupant looking for an affordable home, or an investor searching for your next project, this property offers plenty of possibilities. Recent updates make it an even more attractive opportunity, including a new roof, new furnace and A/C, and a beautifully remodeled kitchen-giving you a solid starting point while leaving room to add your own personal touches and build equity over time. The functional layout is easy to maintain, while the detached 2-car garage adds valuable versatility for parking, storage, a workshop, or additional rental appeal. For investors, the combination of recent major updates, manageable size, and desirable location creates an opportunity to explore long-term rental, resale, or value-add potential. Conveniently located near highways, grocery, hospital, parks, downtown, dining, shopping, entertainment, and sporting events, this home puts you minutes drive from everything you'd need, while offering an affordable path to ownership. If you're ready to trade rent payments for a place of your own-or looking for your next investment opportunity-come see the potential for yourself!

5007 E 34th Street, Indianapolis

Listing courtesy of Sonia Khan. F.C. Tucker Company

1227 W 13th Street, Muncie
$109,999
2 Beds ⋅ 1 Baths
Recently renovated 2-bed, 1-bath home in Muncie offering a great opportunity for both owner-occupants and investors. This move-in-ready property features fresh, modern finishes throughout, including updated flooring, paint, fixtures, kitchen and bathroom, along with major exterior improvements including a new roof, windows and siding. The finished attic provides additional flexible living space with the potential to function as a third bedroom, home office or bonus room. Investors can expect approximately $900-$1,000/month in rent as a traditional 2-bedroom, with potential around $1,100/month utilizing the additional finished attic space. Whether you're looking for an incredible home for your family, or a low-maintenance rental, this property offers plenty of upside. Priced to sell quickly!

1227 W 13th Street, Muncie

Listing courtesy of Frankie Hernandez. @properties

2202 S Pershing Drive, Muncie
$109,900
3 Beds ⋅ 1 Baths
Fresh updates, great features, and immediate possession! This 3-bedroom home offers an updated 4-piece bathroom, full basement, and a corner lot with a privacy-fenced backyard. Inside, you'll find fresh interior paint, new waterproof luxury vinyl plank flooring throughout, vinyl replacement windows, and beautiful natural woodwork. Major updates include new dimensional shingles and a new central air conditioning system, along with a high-efficiency gas furnace. Outside, enjoy the covered front porch, paver patio, and detached 1-car garage. A new front storm door adds another nice finishing touch. All of this plus a 1-year home warranty provided by the seller. Move-in ready and ready for immediate possession!

2202 S Pershing Drive, Muncie

Listing courtesy of Brad Taflinger. Taflinger Real Estate Group

337 S Randolph Street, Indianapolis
$109,900
2 Beds ⋅ 1 Baths
Welcome home to 337 S Randolph St, a charming single-story residence offering low-maintenance living in Indianapolis! Featuring 2 bedrooms, 1 full bathroom, and 1,496 square feet of functional interior living space, this home provides a practical floor plan designed for easy everyday living. Inside, light-filled common areas include a cozy living room flowing smoothly into a central kitchen and dining layout. All three well-proportioned bedrooms offer versatile space for family, guest accommodations, or a dedicated home workspace, complemented by a central full bath for optimal daily convenience. Outside, enjoy off-street parking and a manageable yard-ideal for outdoor relaxation, pets, or gardening. Conveniently located near Fountain Square, Downtown Indianapolis, local parks, dining, and major commuting routes

337 S Randolph Street, Indianapolis

Listing courtesy of Samuel Nieves-Montanez. Trelora Realty

1432 S Colorado Avenue, Indianapolis
$109,900
2 Beds ⋅ 1 Baths
Discover the potential of single-family living at 1432 S Colorado AVE, INDIANAPOLIS, IN, USA. Built in 1960, this charming residence offers 936 square feet of comfortable living space, presenting a unique opportunity to craft your ideal home. This one-story home features two bedrooms, providing adaptable spaces for rest and personalization. The single full bathroom is thoughtfully appointed to serve the household's needs. Set on a generous 6360 square foot lot, this property offers ample outdoor space for leisure and gardening pursuits. Envision the possibilities this sizable plot holds for creating your own private retreat. Embrace the opportunity to cultivate your lifestyle in this inviting home.

1432 S Colorado Avenue, Indianapolis

Listing courtesy of Samuel Nieves-Montanez. Trelora Realty

3909 Prospect Street, Indianapolis
$109,000
2 Beds ⋅ 1 Baths
Welcome home to this charming, move-in-ready 2-bedroom, 1-bath bungalow, priced to sell! Offering the perfect blend of charm, simplicity, and affordability, this adorable home has been freshly painted throughout and features updated vinyl flooring, creating a bright, clean, and inviting atmosphere. The cozy yet functional layout makes great use of the space, while the attached 1-car garage adds everyday convenience and additional storage potential. Just off the garage, you'll find a dedicated laundry room, complete with a washer and dryer that are included with the home! Step outside to enjoy the spacious backyard, situated on a generous lot of nearly a quarter acre, offering plenty of room for outdoor entertaining, gardening, or simply relaxing. Whether you're a first-time homebuyer or searching for an investment opportunity, this delightful bungalow is full of possibilities.

3909 Prospect Street, Indianapolis

Listing courtesy of Patricia McCormick. Trueblood Real Estate

4501 N Wheeling Avenue, Muncie
$105,000
2 Beds ⋅ 3 Baths
Remarkably spacious top-floor condo offering 2,850 square feet of living space! Located in Building 2, this rare residence features two bedrooms, two-and-a-half baths, generously sized rooms, abundant natural light, and a large living area with a brick fireplace. The renovation process was started but never completed, giving the next owner an exceptional opportunity to redesign and finish the home according to their own style and vision. The building offers elevator service and enclosed basement garage parking-an especially welcome convenience during inclement weather. New appliances were purchased but never installed and will remain with the property, along with the newer washer and dryer. The $716 monthly HOA fee includes water, sewer, exterior maintenance, and other community services. Building 2 also has a $722 major-project assessment billed in January and again in July, plus a $200 annual capital assessment billed in September and due October 15. These reserves help the association prepare for major building expenses, including the elevator and other shared systems. Owners are responsible for their individual furnaces and interior components. Additional advantages include comprehensive exterior maintenance, potentially lower condominium-insurance costs compared with a traditional home, and the privacy and security of a guarded entrance staffed 24 hours a day. With extraordinary space, top-floor living, protected parking, immediate possession, and a virtual tour now available, this is a renovation opportunity unlike anything else in the local condominium market.

4501 N Wheeling Avenue, Muncie

Listing courtesy of Steve Slavin. Coldwell Banker Real Estate Group

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.


How much is your home worth?

Get instant property value now!