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Indianapolis, IN Residential Income Properties for Sale

125 results
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Well-Maintained Multifamily Investment Opportunity
$850,000
5,760 SF

Well-Maintained Multifamily Investment Opportunity

5925-5935 Devington Road, Indianapolis, IN 46226

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

  • Dependable income from a 100% occupied, 8‑unit multifamily property.
  • Each unit includes 2 bedrooms, 1 bath, and a detached one‑car garage.
  • Long‑term tenants and easy management contribute to stability.
  • Planned rent increases this year will boost income.
  • Updates have already been completed, reducing immediate maintenance needs.
Updated: Jan 19
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Indianapolis Multi-Family Investment Opportunity
$299,000
6,582 SF

Indianapolis Multi-Family Investment Opportunity

2605 Shelby Street, Indianapolis, IN 46203

Six-unit property in revitalizing Garfield Park neighborhood, ready for renovation.

  • Value‑add opportunity: Fully gutted and partially framed 6‑unit property, allowing for customized layouts and finishes.
  • Prime location: Directly across from Garfield Park in a rapidly revitalizing neighborhood, minutes from downtown and steps from the Red Line.
  • Flexible investment strategies: Ideal for long-, mid-, or short‑term rentals in a high‑demand area.
  • Diverse unit mix: Includes a variety of unit sizes (1BR, 2BR, and 3BR) to attract a wider range of tenants.
  • Contractor in place: A contractor is available to complete the project for a more turnkey execution.
Updated: Apr 2
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Meridian-Kessler Duplex For Sale
$405,000
0.28 Acres

Meridian-Kessler Duplex For Sale

Two-story duplex in Meridian-Kessler with potential for income generation.

3852 N Pennsylvania Street, Indianapolis, IN 46205
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Updated Duplex on Large Lot
$595,000
1.10 Acres

Updated Duplex on Large Lot

Turnkey duplex with income potential on 1.1 acres.

7918 E 10th Street, Indianapolis, IN 46219
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Enchanting Tudor Duplex in Indianapolis
$799,900
0.30 Acres

Enchanting Tudor Duplex in Indianapolis

Charming duplex near Butler-Tarkington retail district.

36 W 56th Street, Indianapolis, IN 46208
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Renovated Duplex in Mapleton-Fall Creek
$357,000
0.16 Acres

Renovated Duplex in Mapleton-Fall Creek

Turnkey investment property near downtown Indianapolis with tenant occupancy.

3626 Birchwood Avenue, Indianapolis, IN 46205
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Updated Quadplex Near Downtown Indianapolis
$750,000
0.12 Acres

Updated Quadplex Near Downtown Indianapolis

Updated, fully furnished quadplex near downtown with income potential.

2407 N Capitol Avenue, Indianapolis, IN 46208
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Mixed-Use Property in Indianapolis
$575,000
8,750 SF

Mixed-Use Property in Indianapolis

Mixed-use property with three units, income potential, and modern finishes.

2305 E Michigan Street, Indianapolis, IN 46201
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Indianapolis Multifamily Investment Opportunity
$565,000
4,786 SF

Indianapolis Multifamily Investment Opportunity

Stabilized 8-unit multifamily property in Indianapolis' Reagan Park neighborhood.

2438 Guilford Avenue, Indianapolis, IN 46205
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New Construction Duplex in Indianapolis
$375,000
0.38 Acres

New Construction Duplex in Indianapolis

New construction duplex with high-end finishes in Indianapolis.

4456 Caroline Avenue, Indianapolis, IN 46205
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Indianapolis Duplex Near Monon Trail
$340,000

Indianapolis Duplex Near Monon Trail

Updated duplex near Monon Trail and State Fairgrounds.

3673 Birchwood Avenue, Indianapolis, IN 46205
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Renovated Duplex Near Ivy Tech
$430,000
0.11 Acres

Renovated Duplex Near Ivy Tech

Turnkey duplex in growing market, ideal for investors/owner-occupants.

2421 N Capitol Avenue, Indianapolis, IN 46208
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New Construction Duplex Near Monon
$719,800
0.26 Acres

New Construction Duplex Near Monon

New construction duplex near Monon offering urban living and investment potential.

2051-2053 Columbia Avenue, Indianapolis, IN 46202
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Modern Craftsman Duplex with Carriage
$935,000
0.12 Acres

Modern Craftsman Duplex with Carriage

High-end duplex with carriage house near Kennedy-King Park.

2038 Ruckle Street, Indianapolis, IN 46202
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Herron-Morton Dual Townhome Investment
$935,000
0.14 Acres

Herron-Morton Dual Townhome Investment

Dual townhomes with carriage house in historic Herron-Morton district.

1633-1635 N New Jersey Street, Indianapolis, IN 46202
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New Construction Duplex in Indianapolis
$375,000
0.12 Acres

New Construction Duplex in Indianapolis

Modern duplex with high-end finishes in a vibrant city setting.

4464 Caroline Avenue, Indianapolis, IN 46205
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Modern Duplex with Carriage House
$485,000
0.11 Acres

Modern Duplex with Carriage House

Sophisticated urban duplex with versatile carriage house in Kennedy-King.

2020 Ruckle Street, Indianapolis, IN 46202
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New Construction Duplex in Indianapolis
$475,000
0.13 Acres

New Construction Duplex in Indianapolis

New construction duplex with modern finishes in Indianapolis, Indiana.

1406 Marlowe Avenue, Indianapolis, IN 46201
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New Construction Quadplex in Indianapolis
$850,000
0.13 Acres

New Construction Quadplex in Indianapolis

Turnkey new construction quadplex in a revitalizing neighborhood.

2421 Guilford Avenue, Indianapolis, IN 46205
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Remodeled Duplex Near Fountain Square
$559,000
0.16 Acres

Remodeled Duplex Near Fountain Square

Fully remodeled duplex near Fountain Square, ideal for investors.

1622-1624 Prospect Street, Indianapolis, IN 46203
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Two Homes on One Lot
$399,000
0.10 Acres

Two Homes on One Lot

Rare investment opportunity in Indianapolis' Bates-Hendricks neighborhood.

1403 S New Jersey Street, Indianapolis, IN 46225
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Broad Ripple Multifamily Investment Opportunity
$350,000
0.16 Acres

Broad Ripple Multifamily Investment Opportunity

Four-unit property near Monon Trail and Broad Ripple Avenue.

5917 Carrollton Avenue, Indianapolis, IN 46220
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Updated Duplex in Indianapolis
$379,900
0.14 Acres

Updated Duplex in Indianapolis

Well-maintained duplex with updated units, tenant-ready in Indianapolis.

1644 E 58th Street, Indianapolis, IN 46220
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Updated Duplex in Nora Area
$375,000
0.66 Acres

Updated Duplex in Nora Area

Updated duplex with earning potential in Indianapolis' Nora area.

540 E 91st Street, Indianapolis, IN 46240
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Indianapolis, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 125 residential income properties for sale in Indianapolis, IN, showcased through 125 active listings on our real estate platform. These investment opportunities span a total of 3,746,228 square feet of properties for sale, with an estimated market value of $52,156,739.

Sale prices for residential income properties in Indianapolis, IN start at $55,000, averaging $312,315, and reaching up to $1,555,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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