Discover a unique investment opportunity in the Southport area of Indianapolis with this fully occupied triplex offering three distinct rental units and plenty of character. The main-level residence features 2 bedrooms and 2 full bathrooms along with beautiful original details, including substantial woodwork, classic molding, and impressive pocket doors that reflect the home's historic charm. Upstairs, the 1-bedroom, 1-bathroom unit has seen approximately $35,000 in recent improvements, including an updated kitchen, electrical upgrades, and a new air-conditioning system. A separate rear 1-bedroom, 1-bathroom unit completes the property. Each unit has its own furnace and water heater, providing added convenience for both ownership and tenants. Outside, the property offers two driveways along with a spacious garage featuring tandem parking and an additional lean-to. All three units are currently leased, making this an excellent opportunity for an investor looking to add an established multifamily property to their portfolio. Conveniently located in the Southport area with easy access to shopping, dining, major roadways, and everything Indianapolis has to offer.
Great opportunity for investors or owner-occupants in Downtown Indianapolis! This well-located duplex features one unit on the main level and a second unit upstairs, with 3 bedrooms and spacious living areas in each unit. Conveniently located near downtown dining, entertainment, sports venues, and major attractions, this property offers flexibility and easy access to all that Indianapolis has to offer.
Opportunity to acquire 23 E 36th Street, a duplex located in Indianapolis, Indiana. This duplex offers an opportunity to acquire a multi-family property with both units currently vacant. It features spacious floor plans, updated kitchens and bathrooms, modern flooring, and generous living spaces. Interior highlights include granite countertops, stainless steel appliances, recessed lighting, decorative fireplaces, and abundant natural light throughout. Located just minutes from Downtown Indianapolis, this property offers convenient access to the Monon Trail, the Indiana State Fairgrounds, Broad Ripple, Bottleworks District, Mass Ave, and numerous dining, shopping, and entertainment destinations. Whether you're looking to expand your investment portfolio or acquire a well-located duplex with immediate income potential, this property offers strong value in one of Indianapolis' most accessible neighborhoods.
This home offers a brand-new construction and a wonderful living space in a vibrant city setting. Luxury high end finishes, including granite countertops and stainless steel appliances. Luxury bathrooms with tiled surrounds and granite vanity tops. This property provides an opportunity to experience modern living. With 1296 square feet of living area, the layout offers a comfortable, modern, homey feel. The residence features 3 bedrooms and 2 full baths, providing enough space for a variety of lifestyle needs, from a home office to guest accommodations. Imagine the convenience and starting your mornings with a relaxing end to your evenings. The lot area is perfect for outdoor enjoyment and relaxation. This INDIANAPOLIS home creates a personalized living experience. This Property is broker owned.
**INVESTOR SPECIAL** This duplex near Children's Museum of Indianapolis is waiting for the right landlord to make it shine again. Currently a duplex, however the prior owner has completed light framing in the attempt to convert it into a 4-unit apartment. The current layout is framed to have a front and rear living space per side. The 3026 side has a 1 bedroom efficiency apartment in front, and a 3 bedroom two-story apartment in the rear. Each apartment has 1 bathroom. The 3028 side has the exact same floorplan making this a duplex in the process of being converted into a 4-unit. It doesn't appear any plumbing or electrical has been updated to date. Property used to have a one-car garage that is now just a parking pad. There is room to build a new garage.
Investment opportunity at 2875/2877 Highland Pl! This side-by-side duplex features two spacious units, each offering 3 bedrooms and 2 full bathrooms. The property provides immediate rental income with additional value-add potential through gradually increasing rents to current market levels over time. With desirable unit sizes, separate entrances, and functional layouts, this duplex is well suited for investors looking to expand their portfolio and improve long-term cash flow.
Come see this near Eastside duplex that is waiting for you to tour it! Each side has 2 bedrooms and 1 bathroom with newer paint and newer vinyl plank flooring. Eat-In kitchen dining space with decent cabinet space along w/ a wall built-in pantry storage. Kitchen appliances of Gas Stoves and Refrigerators come with the property as well. Partial basement for each side for storage or a possible personal getaway. There is a detached garage on site but that is used solely for storage for the seller's building materials, and tenants do not have access to it. Property is close to the bus lines as well as to Downtown, or hop on the nearby Interstates to take you anywhere you need to go. Don't wait long to come see it as duplexes are going quickly!!!
Fully rented and turnkey triplex just north of Downtown Indianapolis, offering an excellent opportunity for investors. The property features three updated units: a 3-bedroom, 2-bath unit, a 2-bedroom, 2-bath unit, and a 2-bedroom, 1-bath unit. Each unit has been remodeled and includes its own laundry, updated heating and cooling, and separate electric and water meters. The property currently generates **$3,955 per month in rental income** and offers convenient parking behind the property. Centrally located with easy access to Downtown Indy, major highways, shopping, dining, and entertainment. A great opportunity to add a turnkey, income-producing property to your portfolio!
Great Duplex investment opportunity located in the Near East area, just off of 10th St. This property houses two units - #1) 4 bed / 1.5 bath & #2) 3 bed / 1 bath. Fully remodeled throughout! Average rentals in the area run $1,300 to over $1,700 a month for 3 and 4 bed units. Updated water heater, flooring, lighting, electrical, bathroom, doors & hardware, and much more. Located near city transit stops, grocery stores, restaurants and more, all within walking distance.
Eight units, all one bed one bath, fully leased and producing $9,170 a month from the closing table. No lease-up, no turn, no waiting. Rents run $1,130 to $1,175 and a quarter of the building already sits at the $1,175 market target, so the in-place number is real and it is supported. Every unit was renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so a turnover is not a rekey project. Seventeen months of seller actuals put operating expenses near $35,300 a year including taxes, insurance, maintenance, trash, pest and internet, which puts net operating income around $74,700 before debt on day one. Shared rear parking gives every tenant a space. Roof, electrical, plumbing and HVAC were all inspected at acquisition and the reports are available. East Washington is drawing real neighborhood investment right now, with quick access to downtown, Fountain Square and Irvington. This is the stabilized half of the block, full, professionally managed, and built to be bought for the income and held. The identical eight-unit next door at 2008 E Washington is also for sale, and the two can be bought together as a 16-unit package. Rent roll, profit and loss, and the full deal package are ready for qualified buyers. Sold as-is.
Eight units, all one bed one bath, on one of the most active corridors in Indianapolis. Six are leased today and bringing in $6,740 a month. The other two are vacant and turn-ready, no renovation required. Lease them at the $1,175 the building next door already gets and this property runs $9,400 a month, or $112,800 a year. That is the entire value-add, and it costs nothing but a lease-up. Every unit was renovated under current ownership. New flooring, fresh paint, updated fixtures, modern kitchens and bathrooms. Electronic locks on every door, so a turnover is not a rekey project. Seventeen months of seller actuals put operating expenses near $27,300 a year including taxes, insurance, maintenance, trash, pest and internet. Filled up, that is a net operating income around $79,900 before debt. Shared rear parking gives every tenant a space. Roof, electrical, plumbing and HVAC were all inspected at acquisition and the reports are available. East Washington is drawing real neighborhood investment right now, with quick access to downtown, Fountain Square and Irvington. You are buying into the path of growth, not chasing it. The identical eight-unit next door at 2012 E Washington is also for sale, and the two can be bought together as a 16-unit package. Rent roll, profit and loss, and the full deal package are ready for qualified buyers. Sold as-is.
Turnkey 4-plex with $2600 gross rents. Lower units are LR, BR, Kitchen, and bath. Upper units are LR/BR, kitchen, and bath. Lower units are both rented at $700 each providing immediate cash flow. The upper units are not rented at this time. It also has a 1 car garage. Start making money immediately!
Investment opportunity: All Brick/Stone wrap duplex in private neighborhood, Imperial Estates. This property features two units (6135 & 6137), each with 2 beds and 1 bath on both side. New laminate hardwood flooring was installed in 2025. Roof age is approximately 10 years old. Long term tenants in both units produce $1800/month in gross rents. This property presents a unique opportunity for those seeking a flexible living solution or an investment in a desirable location.
Discover an incredible investment or live-in opportunity in the heart of Fountain Square with this rare, fully flexible side-by-side duplex where both units feature uncommonly large 1-bedroom, 1-bathroom layouts complete with multiple indoor and outdoor entertaining spots. Ideally positioned just minutes from the neighborhood's vibrant cultural district, trendy local restaurants, and the Cultural Trail, this property is built for maximum versatility-one side is currently vacant and ready for immediate action, while the second side will be vacant by the end of the month, giving you a complete blank slate to set top-of-market rental rates or successfully execute a house-hacking strategy where your neighbor's rent helps pay your mortgage.
Great opportunity in Lawrence with a Move-In Ready duplex that includes new floors, new paint, new A/C units and a New Roof! Currently 1-side rented with an A+ tenant and the other available to be seen. The entire home has Luxury Vinyl Flooring for easy cleaning. There is an ample sized driveway for parking and a storage barn for outdoor lawn equipment or small workshop. Well maintained home inside and out. All utilities separately metered. Each unit is 2 Beds / 1 Full Bath - 672 SqFt.
Rare opportunity to acquire a high-end, all-brick duplex with 30 years of rental history in a highly desirable Indianapolis location. This exceptional property offers approximately 5,470 finished square feet on a 0.53-acre corner lot, with two spacious residential units, extensive parking, detached garage, a 30,000 gallon In Ground Gunite Pool and other outdoor amenities. The property has been continuously rented for 30 years, offering an investor the opportunity to purchase an established income-producing asset with a proven rental track record. The current owners are retiring and selling multiple properties. Seller Financing is not available. Each side features 4 spacious bedrooms and 2.5 bathrooms, hardwood floors throughout, and finished basements. Basements includes additional bedrooms with egress windows and full bathrooms, providing valuable additional living space. The property is offered turn-key, including all Stainless Steel appliances, four refrigerators, and two sets of washers and dryers. This property has been significantly improved with major recent capital updates, enhancing both durability and long-term value: 2025 Capital (Interior / Exterior / Basement) Improvements and updates1) Three fully finished basement bedrooms and 2 full bathrooms 2) Basements completed with drywall, finished ceilings, laminate flooring and egress windows. 3) Pool & Outdoor Enhancements - a) concrete repairs completed b) Decorative blue tile replaced c) Pool surface repainted with professional, pool-grade, blue, epoxy paint d) Installation of custom-fitted pool cover 2026 Exterior Capital Improvements 1) New dimensional, shingle roof installed on house, garage, and shed 2) New 6" gutters installed on house, garage, and shed 3) New Hardi Board siding installed on 5 dormers and other siding areas for improved durability and curb appeal.. Annual Gross Rent is $73,200.00 6209 side is $2800.00 /mo 6211 is $3300.00 / mo.
Rare corner-lot duplex in the heart of Fountain Square! Fully renovated and just steps from restaurants, shops, nightlife, and everything the neighborhood has to offer. The main-level unit features 4 bedrooms, 3 full baths, an open layout, and an updated kitchen with stone countertops and stainless steel appliances. Upstairs offers 2 bedrooms, 1.5 baths, city views, in-unit laundry, and a stylish kitchen with quartz countertops, stainless steel appliances, and a built-in bar top. Each unit has separate utilities, and the property is being sold fully furnished for a truly turnkey opportunity. Outside, enjoy a fully fenced and divided yard, giving each unit its own outdoor space with room for a future deck. Previously operated as a successful Airbnb, this property is ready to house hack, invest, or add to your STR/MTR portfolio!
Rare Investment Opportunity - Duplex + Additional Buildable Lot! Attention investors and developers! This rare opportunity features a 2-bedroom, 2-bath duplex plus an additional large, fully fenced corner lot with the potential to build another duplex or investment property (buyer to verify zoning and approvals). Located in an area experiencing significant growth, this property is surrounded by new construction and offers an excellent opportunity to expand your rental portfolio or develop additional income-producing units. Conveniently situated just minutes from downtown Indianapolis, Eli Lilly, major employers, dining, and entertainment, this location is ideal for attracting future tenants. Whether you're looking for immediate rental income, land for future development, or a value-add investment in a rapidly appreciating area, this property checks all the boxes. Highlights: 2-bedroom, 2-bath duplex Large fenced corner lot included Potential to build an additional duplex (buyer to verify) Surrounded by new construction Minutes from Downtown Indianapolis and Eli Lilly Excellent opportunity for investors and developers Don't miss this chance to invest in one of Indianapolis' growing areas with endless potential!
Don't miss this incredible investment opportunity in Indianapolis, just minutes from downtown! Located on Paris Ave, this property offers. The property features two spacious units, each offering: 2 bedrooms 1 bathroom Recent improvements include: Updated windows, New flooring, Renovated bathrooms, Conveniently located near the Indiana State Fairgrounds, The Children's Museum of Indianapolis, the Indianapolis Museum of Art, downtown restaurants and shops, and major commuter routes. Move-in-ready and income-producing, this property offers modern living within a beautifully restored piece of Indianapolis history
Attention investors! Maximize your real estate portfolio or create a home with supplemental income potential. This is a well-maintained multi-unit investment opportunity on the southside of Indy! This duplex that's fully occupied with income-generating units. Each unit features a practical, high-demand 3 bedrooms and 1 bath fully renovated units and newer roof. Property provides immediate rental income from day one! Right in the heart of southside Indy and just minutes from Greenwood (Hwy 31). Lots of ammenities such as restaurants, shopping and close to downtown Indy! Don't miss out!
INVESTMENT OPPORTUNITY IN HILLSIDE - RENOVATED 3BR/1BA DUPLEX WITH VALUE-ADD POTENTIAL Positioned in Indianapolis' evolving Hillside neighborhood, this renovated duplex offers an excellent opportunity for an investor looking to add a two-unit property to their portfolio or an owner-occupant looking to offset housing costs with a second rental unit. Both units have been renovated with a few finishing touches remaining, giving the next owner an opportunity to complete the property and add their own value. One unit features a new rear porch deck, while the other offers laundry connections in the newly enclosed rear porch-desirable amenities for prospective tenants. Estimated rental potential is $1,000-$1,500 per month per unit, or approximately $24,000-$36,000 in potential annual gross rental income when both units are leased. Location is a standout feature, with an IndyGo bus route directly in front of the property and the Monon Trail within walking distance. Residents also enjoy convenient access to downtown Indianapolis, Douglass Park and Golf Course, Ivy Tech, shopping, dining, entertainment, and major employment centers. PRIVATE FINANCING IS AVAILABLE WITH A LARGE DOWN PAYMENT. With substantial renovation already completed, attractive projected rents, excellent transit access, and a location benefiting from continued neighborhood investment, this property offers an exciting opportunity to build income in one of Indianapolis' emerging neighborhoods.
Unbeatable Fountain Square location! This turnkey, updated AND FULLY OCCUPIED duplex features dual 3-bedroom, 2-bathroom layouts complete with stainless steel appliances, granite counters, fresh interior paint, and custom tile showers. Featuring an oversized 3-car garage for private parking or extra tenant storage, it's a ideal fit for smart house-hackers or investors eyeing solid yield. Steps from Fountain Square's vibrant dining and nightlife scene, and just a short drive to downtown Indianapolis.
Opportunity to house hack or add a fully occupied duplex to your rental portfolio at 1847-1849 E Minnesota St. One unit is currently leased for $700 per month, providing immediate rental income, while the vacant 1847 unit gives a new owner the flexibility to move in and offset their monthly housing costs with rent from the neighboring unit. Investors can also lease the vacant side and operate the property as a traditional income-producing duplex. Whether you're looking to take your first step into real estate investing or expand an existing portfolio, this property offers a flexible opportunity to build equity and generate rental income on Indy's near southeast side.
Live in one unit and rent the other, or maximize your investment with two turn-key rentals-either way, this is a prime opportunity in a highly desirable location! This historic up/down double is a rare find-full of character, artistically painted, and move-in ready. Whether you're looking for an income-generating investment or a stylish owner-occupied rental, this property delivers. Located just moments from the Stutz, the Cultural Trail, and a variety of fast-casual dining options, this home offers the perfect blend of urban convenience and cozy retreat. The low-maintenance yard features a private patio, shade tree, and a tranquil water feature, creating a peaceful oasis in the heart of the city. Each unit boasts its own unique charm, with thoughtful details that make the space feel truly special. With hospitals nearby, this is an ideal setup for traveling professionals, mid-term renters, or short-term guests seeking a location with easy access to everything Indy has to offer. Recent Updates for Peace of Mind: New roof (2024); New skylights & gutters (2024); Replaced sewer & water lines (2024); Air duct cleaning (2024); New carpet on stairs (2025); Exterior painted (2026); New dryer (2026).
House hack or add another income-producing property to your portfolio with this 3 bed, 1.5 bath per side duplex at 1117-1119 N Dearborn St. The 1117 side is already leased at $1,345/month through 10/31/26, giving a buyer immediate rental income from day one. The vacant unit creates flexibility to move in and let the neighboring rent offset your housing costs, or lease both sides and operate the property as a traditional cash-flowing rental. With one side already stabilized and the other vacant and ready for occupancy or lease-up, this is a strong opportunity for both owner-occupant investors and landlords looking to expand their portfolio.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Indianapolis is located in Indiana. Indianapolis, Indiana has a population of 880,104. Indianapolis is less family-centric than the surrounding county with 26.56% of the households containing married families with children. The county average for households married with children is 26.96%.
The median household income in Indianapolis, Indiana is $54,321. The median household income for the surrounding county is $54,601 compared to the national median of $69,021. The median age of people living in Indianapolis is 34.3 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 42.4 inches per year, with 21.6 inches of snow per year.
