Indianapolis, IN Apartment buildings for sale

Indianapolis Multifamily Investment Opportunity

$565,000

4,786 SF

Indianapolis Multifamily Investment Opportunity

2438 Guilford Ave, Indianapolis, IN 46205

Stabilized 8-unit property in a rapidly improving neighborhood.

Stabilized 8‑unit multifamily property generating $5,400 monthly gross income ($64,800/yr) from day one.
Located in Indianapolis' rapidly improving Reagan Park neighborhood.
Recent updates include new electrical and plumbing, Hardie siding, and a 2‑year‑old roof, reducing future maintenance.
Desirable unit mix of 4 1‑bedroom/1‑bath and 4 efficiency units, all currently occupied.
Proximity to downtown amenities, employment centers, and new developments like Arnold Place.

Updated: Feb 14

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Irvington Multifamily Investment Opportunity

Pending

$415,000

0.25 Acres

Irvington Multifamily Investment Opportunity

5334 E Washington St, Indianapolis, IN 46219

Five-unit property in Irvington with remodeled units and upside potential.

Rare 5‑unit multi‑family investment opportunity in the desirable Irvington area.
All units remodeled and updated with 1 bed and 1 bath each.
All leases are month‑to‑month, allowing for immediate rent increases.
Strong history of 100% occupancy.
Ample private parking in the rear.

Updated: Feb 24

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Well-Maintained Multifamily Investment Opportunity

$850,000

5,760 SF

Well-Maintained Multifamily Investment Opportunity

8-unit property with long-term tenants and income growth potential.

5925-5935 Devington Rd, Indianapolis, IN 46226

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Indianapolis Multifamily Redevelopment Opportunity

Pending

$275,000

9,424 SF

Indianapolis Multifamily Redevelopment Opportunity

15-unit multifamily property near downtown Indianapolis with redevelopment potential.

1627 N Talbott St, Indianapolis, IN 46202

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Indianapolis Multi-Family Income Property

Pending

$399,900

2,314 SF

Indianapolis Multi-Family Income Property

Income-generating property with seven renovated units and potential for expansion.

19-21 Hendricks Pl, Indianapolis, IN 46201

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$865,000

5,376 SF

Indianapolis Multi-Family SRO Property

10-unit SRO property with income potential in Indianapolis, IN.

3712 E Washington St, Indianapolis, IN 46201

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$1,555,000

13,524 SF

Indianapolis Multifamily Investment Opportunity

Six-unit building in Herron-Morton neighborhood with expansion potential.

2101 N Pennsylvania St, Indianapolis, IN 46202

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20,585 SF

20-Unit Portfolio Near UIndy Campus

20-unit portfolio with 47 bedrooms near University of Indianapolis.

Multiple Addresses In Larger Portfolio, Indianapolis, IN

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Two-Level Condo with Finished Basement

Two-level condo featuring two bedroom suites and finished basement.

2217 Rome Dr, Indianapolis, IN 46228

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Private Condo in Huntington Heights

Two-bedroom condo with updates and community pool.

10231 Penrith Dr, Indianapolis, IN 46229

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Canterbury Square Condo with Updates

Updated 2-bed, 1.5-bath condo in a prime northside location.

1131 Canterbury Sq S, Indianapolis, IN 46260

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$525,000

Luxury Condo in Old Northside

Condo with garage, rooftop, gym, and skyline views.

319 E 16Th St, Indianapolis, IN 46202

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1,260 SF

Updated Condo Near Eagle Creek

Updated 2BD/1.5BA condo with backyard, near Eagle Creek Park.

7428 Charrington Ct, Indianapolis, IN 46254

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1,075 SF

Shorewalk Condo with Lake Views

Updated 2-bedroom condo in Geist with lake views and amenities.

8168 Shorewalk Dr, Indianapolis, IN 46236

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$154,900

Move-In Ready Condo Near Hospitals

Updated 2BD/2BA condo with modern amenities and convenient location.

8519 Canterbury Sq W, Indianapolis, IN 46260

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$749,000

Luxurious Condo in Historic Building

Spacious, amenity-rich condo in the heart of Indianapolis.

350 N Meridian St, Indianapolis, IN 46204

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$315,000

Historic Indianapolis Athletic Club Condo

Stylish 2-bedroom condo in a prime downtown location.

350 N Meridian St, Indianapolis, IN 46204

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Turnkey Multifamily Investment Opportunity

Six-unit property with strong rents and cash flow potential.

3614 E Washington St, Indianapolis, IN 46201

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2,016 SF

Spacious Condo Near Eagle Creek

Three-bedroom condo with updated kitchen, fireplace, and oversized garage.

3131 Stillmeadow Dr, Indianapolis, IN 46214

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$379,999

Lockerbie Terrace Condo with Skyline Views

Rare 2 bed/2 bath condo in walkable downtown location.

225 N New Jersey St, Indianapolis, IN 46204

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$1,300,000

9,200 SF

Indianapolis Mixed-Use Redevelopment

9,200 sq ft, C-1 zoned, prime location.

1505 East St, Indianapolis, IN 46225

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$6,900,000

12,000 SF

Meridian Street Investment Opportunity

Prime Indy location, mixed-use potential.

1800 Meridian St, Indianapolis, IN 46202

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$474,000

Luxury Condo in Old Northside

Unique condo with rooftop lounge, parking, gym, and modern finishes.

319 E 16Th St, Indianapolis, IN 46202

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Condo Near Downtown Indianapolis

Two-bedroom condo with garage parking, close to city amenities.

3965 N Meridian St, Indianapolis, IN 46208

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Indianapolis, IN Apartment Buildings Investment Opportunities Market Analysis

Explore 120 apartment buildings for sale in Indianapolis, IN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 1,078,950 square feet of properties for sale, with an estimated market value of $22,634,900.

Sale prices for two-family homes in Indianapolis, IN start at $55,000, averaging $390,256, and reaching up to $6,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Indianapolis, IN Apartment Buildings for Sale

Indianapolis Multifamily Investment Opportunity

Stabilized 8-unit property in a rapidly improving neighborhood.

Irvington Multifamily Investment Opportunity

Five-unit property in Irvington with remodeled units and upside potential.

Well-Maintained Multifamily Investment Opportunity

Indianapolis Multifamily Redevelopment Opportunity