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$1,395,000
The Allen Apartments - A Rare Historic Investment Opportunity in Herron-Morton An exceptional opportunity to acquire a landmark multifamily property in one of Indianapolis' most desirable historic neighborhoods. Known as The Allen Apartments, this impressive three-unit residence offers historic character, timeless architecture, and outstanding long-term investment potential. Each spacious apartment providing immediate income while offering significant opportunity for future rental growth through thoughtful modernization. Built in 1913 by Mathilda Allen, former residence of JK Lilly Jr and other early noteworthy pharmaceutical pioneers. Seller is retiring, prefers a clean deal and no contingencies.

1704 N Pennsylvania Street, Indianapolis

Listing courtesy of Listwithfreedom.com.

$1,300,000
Owner-occupant opportunity in the heart of historic Fountain Square. This newly renovated 6,590 SF multi-tenant commercial property offers a rare opportunity to occupy the largest suite while maintaining income from two leased spaces. The building is prominently positioned along Shelby Street in one of Indianapolis' most active mixed-use corridors. The property consists of three suites: 1417 Shelby Street totaling 3,640 SF and currently vacant for immediate occupancy; 1415A Shelby Street totaling 1,250 SF and leased through July 31, 2028; and 1415B Shelby Street totaling 1,700 SF and leased through June 30, 2027. The layout provides a strong combination of owner-user space and stabilized tenancy within the same asset. A key feature of the property is its parking configuration. The site includes two separate parking lots, providing flexibility for tenant and customer use. The property offers direct access from Shelby Street, along with alley access to both parking areas, allowing for convenient ingress and egress, service access, and efficient traffic flow. Recent renovations enhance both the functionality and appearance of the building, delivering a move-in ready environment for an owner-occupant while maintaining quality space for existing tenants. The 3,640 SF suite presents an ideal footprint for retail, office, or service-oriented users seeking a strong presence in Fountain Square, with the flexibility to expand into additional space in the future as leases expire. This is a well-located, multi-tenant commercial asset offering immediate occupancy, established tenancy, dedicated parking, and excellent accessibility in one of Indianapolis' most desirable urban submarkets.

1415 Shelby Street, Indianapolis

Listing courtesy of Compass Indiana, LLC.

$1,300,000
2 Beds ⋅ 2 Baths
Skyline Views, Unmatched Outdoor Living, and a Flexible Luxury Lifestyle at the Gateway to Mass Ave. At the coveted south end of Mass Ave, Unit 702 at 3 Mass offers a rare opportunity to own one of downtown Indianapolis' premier luxury residences in one of the city's most vibrant and walkable neighborhoods. Just steps from award-winning restaurants, cultural attractions, and entertainment, this exceptional home delivers the effortless lock-and-leave lifestyle today's discerning urban buyer desires. Thoughtfully designed with superior craftsmanship and cutting-edge smart home technology, the residence features secure coded building access and a fully integrated lighting, shades, audio, and security system. Every detail has been curated to provide unmatched comfort, convenience, and peace of mind. One of the home's most versatile features is the dedicated flex room, offering endless possibilities as a private home office, media room, fitness studio, creative space, or additional guest retreat. This valuable bonus space adapts effortlessly to your lifestyle and evolving needs. The crown jewel of the residence is the expansive 500+ square-foot private terrace. Partially covered and impeccably appointed with a second gas fireplace, outdoor kitchen, lounge seating, and sweeping skyline views, it ranks among downtown's most impressive outdoor living spaces. Whether enjoying a quiet morning coffee, entertaining guests at sunset, or gathering around the fire on a crisp evening, this extraordinary retreat extends luxury living beyond the walls of the home. Inside, floor-to-ceiling windows flood the open-concept living areas with natural light, while radiant heated ceramic tile floors and designer finishes create a sophisticated yet inviting atmosphere. The chef's kitchen serves as the heart of the home, featuring an impressive 11-foot island, premium appliances, and ceiling-height custom cabinetry designed for both everyday

333 Massachusetts Avenue, Indianapolis

Listing courtesy of Fathom Realty.

$1,290,000
Located in the heart of highly desirable Fountain Square, 1628 Bates St. offers a rare combination of commercial and residential space in one of Indianapolis's most walkable, energetic, and rapidly evolving neighborhoods. Fountain Square is loved for its character, independent restaurants and bars, local shops, entertainment, and strong sense of community-all just minutes from Downtown Indianapolis and the Cultural Trail. The property features an improved former industrial building with a flexible commercial gym space and a separate two-bedroom residential component, creating an excellent opportunity for an owner-user, investor, or entrepreneur seeking a property that combines business and residential potential. The gym space offers an open, versatile layout ideal for fitness, wellness, studio, creative, or other commercial uses, along with a separate room that could serve as private office, retail, or additional functional space. The entire property is securely fenced, providing privacy and flexibility for outdoor use. The residential portion features two bedrooms, an open kitchen and living area, a garage door that opens to create a seamless indoor-outdoor entertaining space, and a private fenced balcony. The layout provides a unique residential experience while complementing the commercial component of the property. The property is currently occupied by Feel Good Naked Gym and will be delivered vacant at closing, allowing the next owner to immediately implement their own vision. Recent improvements include a new roof with a 15-year warranty, fresh exterior paint, and completed tuckpointing, providing a strong foundation for future ownership and improvements. Surrounded by renovated homes, new construction, local businesses, and ongoing investment, 1628 Bates St. is positioned within one of Indianapolis's most active growth corridors. Bring your vision to a property that offers character, flexibility, and a location that continues to attract residents & businesses

1628 Bates Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$1,263,000
4 Beds ⋅ 4 Baths
Welcome to the Broadway. Build your single family home with Aanovo in Chatham Arch! Enjoy an exclusive contemporary lifestyle in The Residences at Chatham Park. This amazing 4Br/4BA home will feat. an abundance of windows & rooms filled with light. Carefully selected materials including marble, quartz, engineerd hardwood floors, custom cabinetry & expert craftsmanship, all in a neighborhood filled with history, spirit & culture. High end luxury architecture featuring quality exterior materials, masonry brick & composite siding. Thoughtfully designed, was created to offer unique architectural character, contemporary design & luxury. Owners have access to Chatham Park private gym, exterior kitchen, firepits, greenspace & community room.

828 N Park Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$1,250,000
This Historic Building was built for and continually used as a Masonic Lodge Building. Spacious meeting rooms with a 2 story room on the 2nd floor. Commercial kitchen in the lower level. This is a double lot with separate fenced in parking lot to the north with 34 dedicated parking spaces.!! So many possibilities for this property. 3 Huge expansive rooms offer great event space! Nearly 15,000 total square footage!!!

2201 Central Avenue, Indianapolis

Listing courtesy of Culmann Real Estate Group, LLC.

$1,200,000
New construction townhomes near Fountain Square being sold as a 3 unit apartment building. 2 bedrooms / 3.5 baths per unit. High end finishes throughout. Attached 1 car garage for each unit.

1651-1655 Lexington Avenue, Indianapolis

Listing courtesy of Trueblood Real Estate.

$1,200,000
6 Beds ⋅ 5 Baths
Welcome to one of the most exceptional homes in the historic and highly sought-after Ulen community. Perfectly positioned on the 3rd tee box of the prestigious Ulen Golf Course, this remarkable residence offers nearly 6,000 sf of beautifully updated living space, combining timeless elegance, modern luxury, and breathtaking golf course views. This stately brick home features 6 bdrm, 4.5 bathrooms, and an ideal floor plan designed for both everyday living and grand-scale entertaining. Upon entering, you'll be greeted by sophisticated finishes, extensive millwork, rich hardwood floors, and spacious gathering areas filled with natural light. The heart of the home is the stunning gourmet kitchen, showcasing custom cabinetry, marble countertops, high-end appliances, a large center island, built-in seating, and picturesque views of the surrounding landscape. The kitchen flows seamlessly into the dining and family living spaces, creating the perfect setting for entertaining family and friends. The luxurious main-level primary suite serves as a private retreat, featuring expansive windows overlooking the golf course, direct access to the covered patio, a huge walk-in closet, and a beautifully renovated spa-inspired bathroom complete with custom cabinetry, dual vanities, and an oversized walk-in marble shower. Additional living spaces include a formal living room, elegant dining room, private office/library, and an impressive 30' x 30' bonus room offering endless possibilities for a recreation room, media room, fitness studio, playroom, or additional entertaining space.Outdoor living is equally impressive with mature trees, professionally maintained landscaping, a covered patio, and stunning views of the historic Ulen Golf Course. Enjoy peaceful mornings, spectacular sunsets, and the unique lifestyle that comes with living in one of Central Indiana's most treasured golf communities. Opportunities to own a home of this caliber, size, and location in Ulen are exceedingly rare.

138 Ulen Boulevard, Lebanon

Listing courtesy of Richardson Realty Company, LLC.

$1,198,000
3 Beds ⋅ 4 Baths
Welcome to the Pomeroy. Build your single family home with Aanovo in Chatham Arch! Enjoy an exclusive contemporary lifestyle in The Residences at Chatham Park. This 3BR/3.5BA home will feature an abundance of windows & rooms filled w/light. Carefully selected materials inc. marble, quartz, engineerd hardwood floors, custom cabinetry & expert craftsmanship, all in a neighborhood with history, contrast & culture. Excellent contemporary luxury architecture featuring high-quality exterior materials, masonry brick & composite siding. Thoughtfully designed, Chatham Park was created to offer unique architectural character, contemporary design & luxury. Owners have access to Chatham Park private gym, exterior kitchen, firepits and community room.

826 N Park Avenue, Indianapolis

Listing courtesy of CENTURY 21 Scheetz.

$1,125,000
Building offers 12 studio apartment units located near Fountain Square and just minutes from downtown Indy. Adjacent to the building is a paved parking lot allowing for 8 vehicles and has additional street parking. Tenants currently have month to month leases and rent includes water/heat. Owner is selling 2 parcels together and does not want to separate. Please see MIBOR website for listing ID's #22078961 & #22078931.

2325 Shelby Street, Indianapolis

Listing courtesy of My Agent.

$1,105,000
3 Beds ⋅ 5 Baths
Located just one block from Mass Ave, this Chatham Arch townhome located in the historic Kynett Building delivers premier downtown living. Ride your private elevator up to the expansive rooftop sky deck, where sweeping skyline views set the scene for sunset dinners and evening gatherings. Offering over 4,000 sq ft, 3 bedrooms, 3 full baths, and 2 half baths, this custom-built residence is one of a kind with only three residences in the entire Kynett Building. Inside features top-tier finishes, high-end appliances, and a lower level complete with a separate kitchenette for guests. Rare, polished, and steps from the best of the city. LOWER YOUR INTEREST RATE!: seller is open to providing a credit towards a 2-1 interest rate buydown with accepted offer (subject to lender approval*)

723 N Cleveland Street, Indianapolis

Listing courtesy of Highgarden Real Estate.

$1,100,000
Industrial Land, 1.36-acre, zoned I4, approved for truck parking for 22 trucks. The lot is fully paved, making it an ideal spot for trucking parking, auto related or for any Industrial Use, conveniently located in Marion County, Indianapolis, Indiana.

2205 N Sherman Drive, Indianapolis

Listing courtesy of Bina Real Estate.

$1,100,000
Industrial Land for Sale, 1.36-acre, zoned I4, approved for truck parking for 22 trucks. The lot is fully paved, making it an ideal spot for trucking parking, auto related or for any Industrial Use, conveniently located in Marion County, Indianapolis, Indiana.

2205 N Sherman Drive, Indianapolis

Listing courtesy of Bina Real Estate.

$1,050,000
Income-producing luxury triplex in Old Northside, one of downtown Indy's most in-demand rental markets! Three separate units deliver multiple income streams: a 3 bed/3.5 bath main house, a 2 bed/1 bath lower-level unit and a 1 bed/1 bath carriage house, 6 beds, 5.5 baths and 3.5 kitchens in all. Proven operating history shows an approx. 7.4% cap rate at list price (before taxes and insurance; financials available upon request). Keep it as a turnkey furnished rental, lease long-term, or owner-occupy one unit while the others help cover the mortgage. Finishes that command premium rents: chef's kitchen with Cafe appliances, open living and dining with abundant natural light, primary suite with walk-out balcony, and a third-floor entertainment level with half kitchen, full bath and rooftop hot tub with skyline views. Carriage house has its own kitchen and private patio. 3-car garage. Walk to the Monon Trail, Mass Ave and Bottleworks, where tenants and guests want to be!

1542 Bellefontaine Street, Indianapolis

Listing courtesy of @properties.

$1,050,000
6 Beds ⋅ 6 Baths
One-of-a-kind opportunity in the heart of Old Northside. This sleek, modern residence offers exceptional flexibility as a spacious single-family home or income-producing triple-plex, with two units currently furnished and rented. The home features 6 bedrooms, 5.5 baths, and 3.5 kitchens across four finished levels. The main floor offers an open-concept kitchen with Cafe appliances, flowing seamlessly into the living and dining areas beneath abundant natural light. The second floor hosts a luxurious primary suite complete with a walk-out balcony and expansive walk-in closet, along with two additional bedrooms and a full bath. The third floor is designed for entertaining, featuring a half kitchen, full bath, and a rooftop deck with hot tub overlooking the downtown skyline. The finished basement adds two more bedrooms, a full bath, and a full kitchen, offering additional living or rental potential. An attached carriage house includes a full 1-bedroom, 1-bath unit with kitchen and private outdoor patio, ideal for guests, rental income, or a home office/studio. A three-car garage completes this rare offering. Located just steps from the Monon Trail, Mass Ave, Bottleworks District, and all that downtown Indianapolis has to offer. A truly versatile property suited for investors, multi-generational living, or anyone seeking exceptional space in the city.

1544 Bellefontaine Street, Indianapolis

Listing courtesy of @properties.

$1,049,000
2 Beds ⋅ 3 Baths
Welcome to an exceptional downtown Indianapolis residence where sophisticated indoor living meets a spectacular 1,000-square-foot private rooftop terrace with sweeping skyline views. Located on a quiet, tree-lined street in sought-after Chatham Arch, this one-of-a-kind condo is just blocks from Mass Ave and Bottleworks. Designed for entertaining, the rooftop features an outdoor kitchen and bar, fireplace, firepit, television, sound system, and private putting green-all without the upkeep of a traditional yard. Inside, floor-to-ceiling windows fill the living room with natural light. The recently updated kitchen offers a fresh, contemporary feel, while the main living area includes a wet bar and dedicated wine closet. A private theater room, complete with distinctive wood doors that close to create a darkened cinematic setting, makes movie nights memorable. Additional highlights, three underground garage parking spaces, and private storage-an exceptional combination of space and convenience for downtown living. This rare private urban retreat is designed for effortless entertaining, incredible outdoor living and the freedom to enjoy the city on your terms. The luxury of a private home without the maintenance of a private home. The intimate 13-unit building offers privacy and tranquility, with no short-term rentals permitted. HOA services include building maintenance, landscaping, snow removal, water, trash, and recycling for true lock-and-leave living. Enjoy easy access to downtown's best restaurants, shopping, entertainment, sporting events, and music venues-all within walking distance and without the hassle of parking. More than a condominium, this is a rare private urban retreat offering extraordinary outdoor living and the luxury of a private home without the maintenance.

932 Broadway Street, Indianapolis

Listing courtesy of The Agency Indy.

$1,000,000
Investor opportunity in the beautiful historic Woodruff Place! This 9-unit multifamily property is being offered for sale individually or as part of a rare portfolio opportunity that includes four additional nearby buildings, all in Woodruff. This allows investors the chance to acquire multiple assets within one of Indianapolis' most desirable historic neighborhoods. All units are currently leased, providing immediate income and stable cash flow. The property has seen several recent improvements, including new sewer, new boiler, new water heater, updates to bathrooms in 616, new interior paint in 4 units offering a mix of updated living spaces and value-add potential. Located just minutes from downtown Indianapolis, this property benefits from the charm, walkability, and strong rental demand that Woodruff Place is known for. Whether purchased individually or as part of the larger portfolio, this is a rare opportunity to invest in a historic neighborhood with consistent rental demand and long-term upside.

624 Woodruff Place Middle Drive, Indianapolis

Listing courtesy of F.C. Tucker Company.

$998,900
Position your operation for efficiency, scalability, and strategic access with this 30,400 SF industrial facility at 330 Novelty Street in Plymouth, Indiana-a rare opportunity designed for warehousing, distribution, or light manufacturing. This property features three connected buildings totaling 30,400 SF, offering flexibility for a wide range of industrial users. Two free-span structures (9,600 SF and 10,800 SF) provide uninterrupted space ideal for racking systems, assembly lines, or bulk storage. The third 10,000 SF building includes a functional column layout (50' x 25' spacing), allowing for additional structural support without sacrificing usability. Previously utilized for refrigerated storage, the buildings are equipped with high R-value insulation, making this an excellent fit for temperature-sensitive goods, specialty materials, or operations requiring controlled environments. Operational efficiency is built in, with two loading docks and two 10' x 10' grade-level doors, ensuring smooth logistics, quick turnaround times, and easy access for shipping and receiving. Location is where this asset truly shines. Situated in a well-established industrial corridor with immediate access to U.S. 30 and U.S. 31, this facility offers seamless connectivity to major markets including South Bend, Fort Wayne, and Indianapolis. Whether your focus is regional distribution or national reach, this site keeps your supply chain moving. For a pickleball retailer or distributor, this is a standout opportunity-ample space for inventory storage, order fulfillment, and even indoor training or demo courts, all within a cost-effective industrial footprint that supports growth. If your business demands space, access, and operational flexibility, this property delivers. Ask the agent about possible owner financing options, stay liquid, and grow your business!

330 Novelty Street, Plymouth

Listing courtesy of E-Rocks Real Estate.

$980,000
5 Beds ⋅ 6 Baths
Experience the perfect blend of historic character and modern luxury at the iconic Hill-Gallahue House in the heart of Fletcher Place. Originally built in the 1870s, this beautifully restored Italianate residence offers over 4,200 square feet of thoughtfully updated living space in one of Downtown Indianapolis' most sought-after neighborhoods. Inside, soaring ceilings, original woodwork, grand arched windows, and hardwood floors create a striking first impression. The chef-inspired kitchen has been completely reimagined with custom cabinetry, quartz countertops, premium stainless steel appliances, a designer backsplash, and a large center island ideal for entertaining. Multiple living and gathering spaces provide flexibility for everyday living, hosting guests, or multigenerational needs. The spacious bedrooms and beautifully renovated bathrooms deliver modern comfort while preserving the home's historic charm. A large upper-level bonus space offers endless possibilities for a media room, game room, fitness area, or additional guest accommodations. Situated just steps from the Indianapolis Cultural Trail, Fountain Square, and Downtown Indianapolis, you'll enjoy walkable access to award-winning restaurants, coffee shops, entertainment venues, sporting events, parks, and local arts destinations. Whether you're searching for a distinctive historic home, a luxury urban residence, or a property with proven short-term rental appeal, this Fletcher Place landmark offers a rare opportunity to own a piece of Indianapolis history with all the conveniences of modern living.

543 Fletcher Avenue, Indianapolis

Listing courtesy of Ever Real Estate, LLC.

$975,000
* 8 Unit Apartment Building * Fully renovated in 2021 (plumbing, electrical, kitchens, baths, roofing) and just 1 mile from IU Health's $4.3B downtown hospital campus, this 8-unit Indianapolis multifamily offers a diversified rent roll - 7 leased units plus a flexible Airbnb unit (more than 90% occupancy). TTM income of $88,720 delivers a 6.61% cap rate on NOI, backed by real owner disbursement history. Lean expenses. A rare, stabilized income property priced to perform, steps from one of the largest development projects in the city!

2442 N Illinois Street, Indianapolis

Listing courtesy of @properties.

$975,000
3 Beds ⋅ 2 Baths
Experience luxury urban living in the heart of downtown Indianapolis at Three Mass Condos. This exceptional 3-bedroom, 2-bath residence offers nearly 2,800 square feet of sophisticated living space and an unbeatable location directly on vibrant Mass Ave. Enjoy breathtaking skyline views and easy access to the city's premier dining, entertainment, arts, and cultural destinations just steps from your door. Designed for both everyday comfort and entertaining, the open-concept floor plan features expansive living spaces, hardwood floors, a spacious center-island kitchen, and large windows that showcase incredible downtown views. The primary suite offers a private retreat with a walk-in closet and spa-like bath, while two additional bedrooms provide flexibility for guests, a home office, or additional living space. A rare feature in downtown condo living, this home includes access to a wine cellar with your own storage unit, perfect for collectors and entertainers alike. The residence is also pre-wired for whole-home audio with built-in speakers throughout every room, creating a seamless entertainment experience. Venture upstairs to enjoy rooftop access where you can take in panoramic views of the Indianapolis skyline. Additional highlights include two designated parking spaces in the secured garage, high-speed internet availability, surround sound capabilities, in-unit laundry, and secure key-card entry. Residents enjoy access to premium community amenities including a fitness center and professional management for a true lock-and-leave lifestyle. Whether you're seeking a full-time residence or an upscale downtown retreat, this remarkable condo combines luxury finishes, modern conveniences, and one of Indianapolis' most desirable locations. Live where the city comes alive-right on Mass Ave at Three Mass Condos.

333 Massachusetts Avenue, Indianapolis

Listing courtesy of Berkshire Hathaway Home.

$975,000
DEVELOPMENT OPPORTUNITY! This 27+ acre property boarders State Hwy 50 and State Highway 3. The property has 2 access entrances (State Hwy 3 and W CR 350 N). There is prime traffic visibility with approx. 1,730 feet of road frontage alone State Hwy 50. The property has municipal utilities including: water, sewer and natural gas on site. Minutes from the North Vernon Industrial Park, Lowes Distribution, Wal-Mart and more, this site has lots of potential uses including apartments, office park, buildings for medical, construction trades, telecommunications, etc. Located 20 mins from I-65 ramp, 30 mins from I-74 Ramp, and 30 minutes from Columbus. The property also sits approx. one hour from Indianapolis, Louisville and Cincinnati.

N State Hwy 3, North Vernon

Listing courtesy of Coldwell Banker Martin Miller Lamb.

$950,000
3 Beds ⋅ 3 Baths
Nestled in the heart of Historic Ulen and perfectly positioned on Hole #2 of the golf course, this extraordinary 3-bedroom, 2.5-bath residence offers a rare opportunity to own one of the community's most distinctive homes. Combining timeless architecture with an unmatched setting, this property showcases the craftsmanship and character that make Historic Ulen so highly sought after. From the moment you arrive, you'll be captivated by the stately limestone exterior, iconic red tile roof, mature trees, and beautifully manicured grounds. Inside, the home is rich with architectural details including hardwood floors, original millwork, leaded glass windows, elegant fireplaces, and abundant natural light throughout. The spacious living areas are designed to highlight the home's character while offering comfortable everyday living and exceptional entertaining spaces. Expansive windows frame picturesque views of the golf course, creating a seamless connection between the home's interior and its stunning surroundings. The primary suite offers one of the home's most unique features - private limestone balconies overlooking the grounds and golf course, providing the perfect place to enjoy morning coffee, unwind in the evening, or take in the beauty of this historic setting. Outside, enjoy peaceful outdoor living with mature landscaping, patio space for entertaining, and front-row views of one of Indiana's most iconic golf communities. This is more than a home-it's a piece of Historic Ulen history, offering timeless elegance, unmatched character, and an exceptional golf course lifestyle just minutes from shopping, dining, and interstate access.

134 Ulen Boulevard, Lebanon

Listing courtesy of Richardson Realty Company, LLC.

$950,000
3 Beds ⋅ 4 Baths
This custom-built, one-owner home on one of the most coveted blocks in the historic Old Northside is a stunning showcase of timeless design, exceptional craftsmanship, and luxurious detail. The impressive two-story foyer with a wraparound staircase sets the tone for this light-filled all-brick residence featuring new main-level hardwoods, custom automatic blinds, and elegant living spaces throughout. The expansive living room offers multiple seating areas centered around a corner gas fireplace, while the chef's kitchen is designed for both everyday living and entertaining with granite countertops, a large center island, custom cherry cabinetry, premium appliances, and a fabulous butler's pantry. A spacious formal dining room provides the perfect setting for hosting gatherings. Upstairs, the luxurious primary suite features a private sitting area, spa-like bath with soaking tub and separate shower, an oversized walk-in closet, and a private balcony overlooking the beautifully maintained backyard. The finished lower level includes daylight windows, a family room, bar area, third bedroom, full bath, bunk room, and generous storage. Outdoor living shines with covered and open patio spaces, multiple entertaining areas, a privacy-fenced backyard, and a rare three-car garage. Located in the highly desirable Old Northside, this exceptional home offers a secluded neighborhood feel while remaining just moments from all that Downtown Indianapolis has to offer.

1555 Broadway Street, Indianapolis

Listing courtesy of F.C. Tucker Company.

$949,000
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.

2008 E Washington Street, Indianapolis

Listing courtesy of @properties.

$949,000
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.

2012 E Washington Street, Indianapolis

Listing courtesy of @properties.

$949,000
Incredible opportunity in Windsor Park to own this great 4-townhome package! Each unit is 3 bed / 1.5 bath. Loft on 3rd floor! The addresses are 1101/1103/1105/1107 Sterling Street. There is a party wall agreement in place and each unit can be sold off separately. All units currently occupied with management in place. Great location, just a short walk to the Bottleworks District, Mass Ave, Kan-Kan, Amelia's, etc, etc!

1101 Sterling Street, Indianapolis

Listing courtesy of United Real Estate Indpls.

$945,000
Prime Redevelopment Opportunity on approx. 2.88 acres, featuring an existing +/-48,000 sq. ft. building. Property sold as-is. Opportunity for repositioning or redevelopment. Buyer to verify all permitted uses and development requirements. Ideal for investors, developers, or value-added visionaries.

3614 E 36th Street, Indianapolis

Listing courtesy of Unreal Estate LLC.

$915,000
3 Beds ⋅ 2 Baths
Discover the ease of single-story living at 2485 W 50 S, a welcoming 1985 residence in LEBANON, IN. This inviting home, spanning 1690 square feet, is ready for you to move in and begin your next chapter, offering a perfect blend of comfort and expansive outdoor potential. With three well-proportioned bedrooms, this home provides ample personal space for everyone. The two full bathrooms ensure convenience and privacy for residents and guests alike. Situated on a generous 60113 square foot lot, this property offers a remarkable opportunity for outdoor enjoyment and creative landscaping. Envision tranquil gardens, vibrant play areas, or simply the serene privacy of your own substantial grounds. This exceptional property offers a harmonious balance of comfortable indoor living and vast outdoor possibilities. Inquire today to experience the lifestyle awaiting you. Property is in the LEAP AREA AND IS PRIME FOR COMMERICIAL INVESTING AND IS BEING SOLD AS-IS

2485 W 50 S, Lebanon

Listing courtesy of Berkshire Hathaway Home.

$900,000
5 Beds ⋅ 4 Baths
Historic character meets modern living in this beautifully updated Victorian in Herron-Morton Place. With nearly 4,000 finished square feet, five bedrooms, three full baths and a half bath, this home offers the space, flexibility and location that make downtown living so appealing. The main level balances original charm with thoughtful updates, featuring large windows with custom plantation shutters, a welcoming living room with gas fireplace, formal dining room with statement chandelier, private den/office, mudroom and powder bath. At the heart of the home, the updated kitchen features white cabinetry, stainless steel Bosch appliances, a cabinet-adorned hood, beverage refrigerator and an oversized quartz island with generous seating-designed for everything from weekday breakfasts to entertaining a crowd. Upstairs, the spacious primary suite includes a large bedroom, walk-in closet and an impressive bath with tiled walk-in shower, separate soaking tub, double vanities and private water closet. Two additional bedrooms, a full bath and conveniently located laundry complete the second floor. The third floor adds even more versatility with a fourth bedroom, full bath and a huge bonus space with wet bar/beverage center-ideal for a media room, playroom, home gym, guest space or office. Outside, enjoy a large paver patio, private yard and hot tub, plus a two-car garage-an especially valuable combination in this historic downtown neighborhood. Fantastic location: Walk to Foundry Coffee, Tinker Street and Lift Off Creamery, with Herron High School and CFI 27 nearby. Downtown hospitals, Eli Lilly and Salesforce are just minutes away, putting some of the city's most important destinations right at your doorstep. Historic architecture, modern updates, exceptional flexibility and a truly walkable location-this is Herron-Morton Place living at its best.

1616 N Delaware Street, Indianapolis

Listing courtesy of @properties.

Information Deemed Reliable But Not Guaranteed. © 2026 MIBOR Broker Listing Cooperative