Indianapolis Homes with Unfinished Basement

Indianapolis Homes with Unfinished Basement

Welcome to Indianapolis, the vibrant heart of Indiana and a city that beautifully blends rich history with modern living. Nestled in Marion County, Indianapolis is renowned for its dynamic culture, diverse neighborhoods, and a wealth of recreational opportunities. Whether you're an avid sports fan, a lover of the arts, or someone who enjoys the great outdoors, Indianapolis has something for everyone.

One of the appealing features of homes in this bustling city is the availability of properties with unfinished basements. These versatile spaces offer homeowners a blank canvas to create their dream areas. Imagine transforming that unfinished basement into a cozy family room, a home gym, or even a stylish guest suite. The possibilities are endless!

Indianapolis boasts a variety of neighborhoods, each with its own unique character. From the historic charm of Irvington to the trendy vibe of Fountain Square, you’ll find homes that cater to every lifestyle. The city's affordable housing market means that homes with unfinished basements are not only plentiful but also provide an excellent opportunity for investment and customization.

Additionally, Indianapolis is home to a robust economy, excellent schools, and a strong sense of community, making it an ideal place for families and professionals alike. With its friendly atmosphere and a plethora of amenities, it's no wonder that so many are choosing to call Indianapolis home.

Explore the potential of Indianapolis real estate today, and discover how a home with an unfinished basement can be the perfect foundation for your future!

Newest Indianapolis Homes with Unfinished Basement

920 N Broadway Street, Indianapolis
$250,000
2 Beds ⋅ 2 Baths
Historic charm meets downtown convenience in the heart of Chatham Arch!** Enjoy the best of urban living in this move-in-ready 2-bedroom, 1.5-bath condo nestled within a charming, classic fourplex-style building. The spacious front porch is the perfect place to enjoy your morning coffee, unwind after a busy day, or take in the neighborhood atmosphere. Inside, you'll find comfortable living spaces, fresh bedroom carpeting, and all appliances included, even the washer and dryer! Additional basement storage, a shared courtyard, and a private, secured one-car garage add everyday convenience that's hard to find downtown. Just blocks from the vibrant Mass Ave and Bottleworks District, you'll love having some of Indy's favorite restaurants, boutiques, coffee shops, nightlife, and entertainment right outside your door. Enjoy the character of a historic neighborhood with the energy of downtown living just steps away!

920 N Broadway Street, Indianapolis

Listing courtesy of Jennifer Shopp. Berkshire Hathaway Home
4818 Carrollton Avenue, Indianapolis
$325,000
2 Beds ⋅ 1 Baths
Arts & Crafts adorable on the most picturesque stretch of Carrollton. Dreamy, Airy, Whimsical - All. The. Things. Generous living spaces bathed in natural light w/the most gorgeous original hardwoods + built-in details. Immaculate + turn-key. New, oversized one-car garage w/alley access + front driveway parking as well for guests. Private rear yard awaits your green thumb + vision. Cavernous lower level w/ample storage. Placid evenings on the front porch swing. It's all just soooo good. Prime location. Walk to restaurants, coffee, retail, Monon Trail...

4818 Carrollton Avenue, Indianapolis

Listing courtesy of Jonathan Eriksen. CENTURY 21 Scheetz
1907 Sharon Avenue, Indianapolis
$95,000
2 Beds ⋅ 1 Baths
You will love this affordable, move-in-ready 2 bed, 1 bath home in Indy with a full basement! At first glance you will love the fenced in front yard leading to your freshly painted covered front porch. Once inside you'll notice the fresh paint and all new LVP and vinyl flooring throughout the home. The large living room flows effortlessly into the cozy eat-in kitchen. Just down the hall you'll find your two bedrooms on either side of your bathroom with a clean tub/shower combo. Downstairs you'll find a spacious basement for all your storage, entertaining or flex space needs. Outside you'll love the large fenced yard with mature trees, alley access and concrete parking pad off the alley. Located just moments away from Downtown Indy and the interstate for an easy commute. Come see it today!

1907 Sharon Avenue, Indianapolis

Listing courtesy of Jordan Moody. Keller Williams Indpls Metro N
1425 Fairfield Avenue, Indianapolis
$145,000
3 Beds ⋅ 2 Baths
This home is gorgeous on the outside and is just waiting for someone to do a full top-to-bottom interior renovation to bring it back to its full glory. Investors & Flippers or really anyone who would be interested in renovating this home and bringing it back to life, this is the opportunity for you

1425 Fairfield Avenue, Indianapolis

Listing courtesy of Tyler Robison. Anthony-Shefferly & Associates
5344 Brianna Lane, Indianapolis
$275,000
3 Beds ⋅ 4 Baths
Investor opportunity on the east side! This 4-bed, 3-bath two story offers over 2,800 square feet. The home has known mold and needs remediation, making it a great fit for a rehab or rental project. Cash buyers only. Sold as-is; seller will make no repairs. Buyer to verify all information. Bring your vision and your contractor!

5344 Brianna Lane, Indianapolis

Listing courtesy of Erin Anderson. F.C. Tucker Company
933 N Ewing Street, Indianapolis
$280,000
Fantastic opportunity for investors to own a revenue-generating four-plex just minutes from downtown Indianapolis. Each unit offers 1 bedroom and 1 bathroom, with two of the four units currently leased through 2027, providing built-in stability and dependable income. The additional two units are currently vacant and ready for occupancy, offering immediate upside potential for increased cash flow. Many updates have been completed in all four units in the past two years, including new flooring, appliances, and fresh paint throughout. The vacant units are both move-in ready for a new tenant. Current monthly rental income totals $2310 for the two occupied units. Once all units are leased, total income has the potential to rise significantly, further enhancing the property's strong performance. The property's convenient location provides quick access to downtown Indianapolis, employment centers, shopping, dining, and entertainment. With stable long-term leases in place and room to increase income, this property is an excellent addition to any investor's portfolio. Tenants Rights Apply. As-Is.

933 N Ewing Street, Indianapolis

Listing courtesy of Luci Chalian. CENTURY 21 Scheetz
1902 N Centennial Street, Indianapolis
$180,000
3 Beds ⋅ 2 Baths
Welcome to this charming three-bedroom, two-full-bath bungalow situated on a spacious corner lot with a covered front porch. Freshly painted inside and out, this home offers a blend of original hardwood flooring and LVP throughout. The updated kitchen features freshly painted cabinetry, new countertops, stainless steel appliances that stay with the home, and a range hood. Spacious bedrooms provide comfortable living space, while the updated main-level bathroom features a new vanity, shower surround, and Bluetooth speaker. Upstairs, you'll find an additional updated full bathroom, adding extra convenience and flexibility. The basement includes a generous 28x10 bonus room, perfect for additional living space, a home office, workout area, or recreation room. Outside, enjoy the spacious 21x12 side deck and a large fully fenced backyard with gated access. Additional updates include new gutters, a brand-new A/C unit installed in 2026, and a five-year-old roof on both the home and garage. A two-car detached garage with new siding completes this move-in-ready property.

1902 N Centennial Street, Indianapolis

Listing courtesy of Perla Palma Nunez. Keller Williams Indy Metro Partners
3402 E New York Street, Indianapolis
$110,000
3 Beds ⋅ 2 Baths
Calling all investors, This is your next flip project, with great comps to support and ARV of 210,000 conservatively. Several things have already been done to this home, such as mechanicals, kitchen, and flooring, This one doesn't need a major overhaul, just finish it out with 2 bedroom upstairs, 1 bedroom downstair, put in back on the market and put money back in your pocket. Walls upstairs will have to be re-built to put back to 2 bedrooms and wall and closet will have to be put back to create bedroom off of living room. Or keep as 2 bedroom with living room and dining room. If you are looking to buy and hold, this is a great option as well, 20k gets this property ready to be rented and start cash flowing immediately. Come see for yourself, hurry houses in this area don't last long.

3402 E New York Street, Indianapolis

Listing courtesy of Shane Burns. Victory Realty Team
972 W 29th Street, Indianapolis
$114,900
2 Beds ⋅ 2 Baths
Discover the charm of 972 W 29th St in Indianapolis, IN. Built in 1895, this 1,500-square-foot single-family residence is a ready-to-move-in bungalow that captures the timeless character of historic craftsmanship while offering an inviting atmosphere for modern living. The interior layout spans two stories, thoughtfully organized to balance communal areas with private retreats. With two bedrooms available, the home provides flexible space for residents or guests. The home is equipped with one full bathroom and a convenient half bathroom, ensuring functionality for your daily routine. The architectural appeal of this home extends gracefully to the outdoors. You can enjoy the fresh air on the covered deck or spend quiet moments on the classic porch. The private yard offers a dedicated space for outdoor activities, complementing the structure's distinct bungalow aesthetic. Experience the perfect blend of historic character and functional comfort by scheduling your private tour of this exceptional Indianapolis residence today. HOME IS BEING SOLD "AS IS"

972 W 29th Street, Indianapolis

Listing courtesy of Linda Johnson. Sitota Realty
612 N Temple Avenue, Indianapolis
$175,000
3 Beds ⋅ 2 Baths
Big value in one of Indy's most exciting neighborhoods! Welcome to this beautifully renovated 3-bedroom, 1.5-bath townhome in popular Saint Clair Place on the Near Eastside of Downtown Indy. Expertly renovated in 2019 by Near East Area Renewal, this home offers high ceilings, thoughtful updates, and the kind of affordability that's becoming harder to find so close to Downtown. Step outside and discover a neighborhood full of character and possibility. With convenient access to Downtown Indianapolis, local restaurants and coffee shops, nearby parks, and an expanding network of bike paths and trails, Saint Clair Place puts you close to the action while maintaining its own distinct neighborhood feel. The Near Eastside continues to benefit from investment and revitalization, making this an exciting time to become part of the community. An ideal opportunity for buyers seeking space, accessibility, and long-term potential at an approachable price point!

612 N Temple Avenue, Indianapolis

Listing courtesy of Dylan Hostetter. United Real Estate Indpls
610 N Temple Avenue, Indianapolis
$185,000
3 Beds ⋅ 2 Baths
Downtown convenience without the downtown price tag! An incredible opportunity to own an affordable townhome in popular Saint Clair Place on the Near Eastside of Downtown Indy! Expertly renovated in 2019 by Near East Area Renewal, this 3-bedroom, 1.5-bath home combines thoughtful updates, high ceilings, and an unbeatable price point. Enjoy easy access to Downtown Indianapolis, neighborhood restaurants, coffee shops, parks, and an expanding network of bike paths and trails. Saint Clair Place is part of the exciting momentum on Indy's Near Eastside, where continued investment and neighborhood revitalization make this an especially compelling place to put down roots. Whether you're a first-time buyer, looking to simplify, or hoping to get into a neighborhood with plenty of upside, this is a fantastic opportunity to enjoy city living at a price that's increasingly hard to find!

610 N Temple Avenue, Indianapolis

Listing courtesy of Dylan Hostetter. United Real Estate Indpls
6435 Bastani Place, Indianapolis
$520,000
4 Beds ⋅ 3 Baths
Welcome to this spacious two-story home in Franklin Township, tucked away on a private cul-de-sac with a tree-lined backyard and a 3-car garage. Inside, 9-foot ceilings and eye-catching, custom-made crown molding throughout the main floor add character and a polished touch. Hardwood floors bring warmth to both the living room and family room. The front living room offers flexible space for movie nights, a playroom, or a second gathering area, while the adjoining formal dining room is ideal for hosting or can serve as a home office. The kitchen offers abundant cabinetry, a large pantry, built-in double ovens, and a gas cooktop. Its open layout flows into the breakfast nook and family room, where a brick fireplace framed by beautiful floor-to-ceiling bookshelves creates an inviting focal point. Picture-frame windows and doors bring the outdoors in, overlooking the brand-new two-level deck and peaceful, tree-lined backyard. Upstairs, you'll find four bedrooms, including a generously sized primary suite with a walk-in closet and additional access to a partially finished attic space. The en-suite bathroom features double closets, a separate toilet closet, and an oversized walk-in shower with floor-to-ceiling tile, dual shower heads, an overhead rain shower, and built-in shelving. The conveniently located upstairs laundry room offers plenty of counter space for sorting, folding, and organization. The full walkout basement features 9-foot ceilings and offers endless possibilities to create additional living space tailored to your needs, with the potential for a fifth bedroom and plumbing rough-in for an additional full bathroom. Picture-frame windows and a door lead directly to the lower level of the new deck, making indoor-outdoor entertaining easy. Outside, enjoy scenic views, room to play, and the privacy of a tree-lined setting. With flexible living spaces, a 3-car garage, and room to grow, this Franklin Township home offers plenty of opportunities to make it your own.

6435 Bastani Place, Indianapolis

Listing courtesy of Ron Rose. Indiana Realty Pros, Inc.
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Listings courtesy of MIBOR Broker Listing Cooperative as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


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