Indianapolis, IN Residential Income Properties for Lease

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Speedway, IN Beech Grove, IN Avon, IN Carmel, IN Plainfield, IN Greenfield, IN Zionsville, IN Fishers, IN

Updated: Aug 24

Residential Income Condominium

5262 Whisperwood Lane, Indianapolis, IN 46226

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1,380 sqft

Gated Windridge Condominiums community within I‑465
Original two‑bedroom, 2 1/2‑bath layout with flexible guest‑area configuration
2024 HVAC system and roof; 2023 water heater
Private patio connects to a two‑car garage
Primary suite with walk‑in closet and walk‑in shower

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Updated: Apr 24

New Construction Duplex

4623 Rookwood Ave, Indianapolis, IN 46208

$2,800/Mo

Two single‑level duplex units with a combined six bedrooms
Upper unit has three bedroom suites, each with its own bath, plus a powder room
Lower unit includes an owner's suite, two additional bedrooms, a full bath, and a powder room
Open kitchens with quartz islands anchor both residences
New two‑car garage divided internally between the units

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Historic Factory Redevelopment with Retail

752 East Market Street, Indianapolis, IN 46202

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12,000 sqft

Mixed-use property with retail and loft apartments for rent.

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Two-Unit Duplex with Front Porches

5164 Winthrop Avenue, Indianapolis, IN 46205

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Two leased units include unfinished basement storage and adaptable interior space.

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Mix Use Development Opportunity

Emerson Ave, Indianapolis, IN 46237

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Surban mix use development featuring multiple property types.

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Based on your search, we've compiled 280 Potential Opportunities for your consideration. Besides 5 Active listings in Indianapolis, IN, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 271 Properties for Sales.

Residential income properties for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Mixed-Use Bar and Apartments

3801 Harrison Ave, Cincinnati, OH 45211

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8,344 sqft 0.28 AC lot

Brick building with a 75-seat bar, outdoor patio, and four apartments, zoned for business use.

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First-Floor Retail in Mixed-Use

523 S Madison Ave, Greenwood, IN 46142

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788 sqft

New first-floor retail suites offered within a luxury mixed-use building with apartments and townhomes above.

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Historic Mixed-Use Building in Northside

4000 Colerain Ave, Cincinnati, OH 45223

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7,515 sqft

Historic building with retail and apartments in vibrant Northside.

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Mixed-Use Retail Space in Downtown

8594 E 116th St, Fishers, IN 46038

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17,410 sqft

Retail space is available in a mixed-use development with 242 residential units and structured parking.

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Similar Spaces for Sale in Indianapolis, IN

Consider Similar Space for Sale. We found 271 Spaces matching your search parameters.

Pre-War Brick Multifamily Building

5819 E Washington St, Indianapolis, IN 46219

$950,000

10,000 sqft 0.25 AC lot

Fourteen-unit pre-war property with 13 studios and one one-bedroom unit on a small, well-maintained site.

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Duplex with Covered Parking

1144-1146 Churchman Ave, Indianapolis, IN 46203

$420,000

4,792 sqft

Each residence combines three bedrooms, one-and-a-half baths, period character, and private storage for practical everyday use.

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Updated Side-by-Side Duplex

23 S Harris Ave, Indianapolis, IN 46222

$209,900

4,835 sqft

Two separately metered units offer updated interiors, central heating and air, and flexible month-to-month occupancy.

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Updated Two-Unit Duplex

45 S Belleview Place, Indianapolis, IN 46222

$239,999

5,445 sqft

Remodeled units include finished basement space, laundry hookups, and private rear parking.

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Duplex with Newer Siding

5202 Burgess Ave, Indianapolis, IN 46219

$108,000

4,661 sqft

Income-producing duplex with long-term tenants and newer water lines and siding.

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Duplex with Covered Porch

22 N Tremont St, Indianapolis, IN 46222

$189,000

4,008 sqft

Two-unit property with basement storage, laundry space, central air, and a detached storage shed.

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Updated Duplex

3946 N College Ave, Indianapolis, IN 46205

$450,000

6,055 sqft

Tenant-occupied two-unit property with refreshed finishes and functional residential layouts.

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Three-Bedroom Duplex with Updated Finishes

253 N Gray St, Indianapolis, IN 46201

$259,900

2,265 sqft

Both units are vacant and feature updated interior finishes.

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Historic Woodruff Place Multifamily Investment

609 Woodruff Place Middle Drive, Indianapolis, IN 46201

$775,000

5,150 sqft

Nine-unit multifamily property in historic Woodruff Place, Indianapolis.

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Renovated Four-Unit Duplex Portfolio

8445 Bluff Rd, Indianapolis, IN 46217

$262,500

17,729 sqft

Two duplex properties offer fully occupied residential units plus separate garages suited for storage rental.

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Historic Woodruff Place Multifamily Investment

624 Woodruff Place Middle Dr, Indianapolis, IN 46201

$1,000,000

7,150 sqft

Nine-unit multifamily property in historic Woodruff Place, Indianapolis.

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Mixed-Use Building with Vacant Retail

2305 E Michigan Street, Indianapolis, IN 46201

$520,000

8,750 sqft

Fully renovated 2025 mixed-use building with one vacant commercial space and three leased residential units.

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Historic Woodruff Place Multifamily Property

640 Woodruff Place Middle Drive, Indianapolis, IN 46201

$525,000

5,140 sqft

Four-unit property in historic Woodruff Place, Indianapolis. Leased and updated.

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Updated Two-Story Duplex

405 Wallace Avenue, Indianapolis, IN 46201

$189,900

6,403 sqft

Two-story income property with separate utilities, full basements, hardwood floors, and a detached alley-access garage.

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Renovated Two-Unit Duplex

1207 Harlan, Indianapolis, IN 46203

$379,900

4,792 sqft

Two-bedroom units feature updated kitchens, bathrooms, flooring, and major building systems.

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Duplex with Owner-Occupancy Flexibility

1849 E Minnesota, Indianapolis, IN 46203

$149,900

3,398 sqft

Two-unit residential property with one occupied side and a separate vacant unit for owner occupancy or leasing.

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Updated Duplex with Three-Car Garage

1724 Woodlawn Ave, Indianapolis, IN 46203

$499,000

3,790 sqft

Fully occupied duplex with two refreshed residential layouts and private garage parking.

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Twelve-Unit Brick Multifamily Property

1635 Central Avenue, Indianapolis, IN 46202

$1,500,000

17,028 sqft

Three all-brick buildings with 12 leased two-bedroom units, individually metered electric, and coin laundry for residents.

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Renovated Foursquare Duplex

333 S State St, Indianapolis, IN 46201

$474,900

4,443 sqft

Updated two-unit residence with a private yard, rear parking, and welcoming front porch.

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Indianapolis, IN Residential income properties Lease Rates & Market Statistics

Explore 5 Residential income properties for lease in Indianapolis, IN on Realmo, a commercial real estate exchange covering the Indianapolis area. The current inventory totals 13,380 square feet of properties.

Asking lease rates for Residential income properties in Indianapolis start at $2,800/Mo, average $2,800/Mo, and reach $2,800/Mo at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings.

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