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3427 W Michigan Street, Indianapolis
$149,000
4-Unit Commercial Value-Add Opportunity Located at 3423 & 3427 W Michigan St, this 6,022 SF commercial property sits on 0.26 acres across two parcels and includes four total units, presenting a strong value-add investment opportunity for renovation and repositioning. The property will require significant improvements and is not currently rent-ready, making it well suited for investors seeking a project-based commercial asset with future income potential. Zoned C-3, the site supports a wide variety of commercial uses, offering flexibility for multi-tenant leasing, owner-user occupancy, or mixed-use repositioning strategies. Positioned along W Michigan St (AADT: 11,156) and located minutes from downtown Indianapolis, the property benefits from strong visibility and accessibility. Following renovations and lease-up, the asset has the potential to become a cash-flowing multi-tenant commercial property. Rezoning may be possible depending on the buyer's intended project scope. The property is being sold in as-is condition.

3427 W Michigan Street, Indianapolis

Listing courtesy of Jaskaran Jossan. Keller Williams Indy Metro S

4618 W Beecher Street, Indianapolis
$160,000
3 Beds ⋅ 2 Baths
Step into a home that feels brand new. This newly remodeled 3-bedroom, 2-bath residence has been thoughtfully updated from top to bottom, offering a clean, modern look and the peace of mind that comes with quality improvements, including all-new laminate flooring throughout the home for a seamless, contemporary flow from room to room. Updates include fresh interior paint in every space, giving the home a bright, inviting atmosphere. Fully remodeled kitchen featuring brand-new cabinetry, countertops, and modern appliances-perfect for everyday cooking or hosting. Upgraded electrical system, providing enhanced safety, efficiency, and reliability. Special Financing: This house qualifies for the Next Door Financing Program. Key Benefits of the Program: 0-3% down payment, making homeownership more accessible. No PMI (private mortgage insurance) - Lower monthly payments. $2500-$7500.00 in Down Payment Grants - Based on the buyer's income. Lower Interest Rates

4618 W Beecher Street, Indianapolis

Listing courtesy of Olugbenga Akinbola. Highgarden Real Estate

281 N Mount Street, Indianapolis
$124,900
2 Beds ⋅ 1 Baths
Graced with a charming fireplace, this 2-bedroom, 1-bathroom house rental at 281 North Mount Street, Indianapolis, IN 46222 is a cozy retreat for anyone seeking a warm and inviting home. With 1011 sq ft of living space, this property offers ample room to relax and entertain. The spacious bedrooms provide a comfortable sanctuary, while the open layout of the living area allows for easy flow and natural light. The inviting fireplace is the perfect focal point for gatherings during cooler months. Situated in a desirable location, this home is close to shopping, dining, and entertainment options. The well-maintained property offers a peaceful retreat with a lovely backyard for outdoor enjoyment. With its convenient location and charming features, this house rental is a delightful find for those seeking a comfortable and welcoming place to call home.

281 N Mount Street, Indianapolis

Listing courtesy of Mark Jones. PMI Midwest

1511 N Meridian Street, Portland
$319,000
Turnkey restaurant opportunity located on a highly visible and large corner lot along a major highway in Portland. This fully remodeled commercial building offers excellent traffic counts, outstanding exposure, and a convenient drive-up window. The property features a spacious asphalt parking lot with easy access, making it ideal for dine-in, carryout, or drive-through service. The building has been extensively updated and is truly move-in ready. Improvements include new exterior paint, expanded and newly paved parking lot, updated electrical, new HVAC systems, new plumbing, new drywall, brand new bathrooms, and a fully updated dining area with new booths. Additional features include a walk-in cooler and a new storage shed for added functionality. With its prime location, high visibility, and turnkey restaurant setup, this property offers an outstanding opportunity for restaurant operators, franchise concepts, or investors. Offered at $499,000.

1511 N Meridian Street, Portland

Listing courtesy of Matt Tarter. Tarter Realty Auction & Apprai

18 N Jefferson Street, Knightstown
$217,000
Live upstairs. Operate downstairs. Invest once. Opportunities like this don't come around often-this rare mixed-use property in the heart of Knightstown combines retail and residential in one building, creating multiple income streams and long-term flexibility for an owner-user or investor. Downstairs, the property features a commercial winery production space (business not included) with a dedicated production area. Equipment may be purchased separately, allowing a buyer to continue the current use or reimagine the space for another retail, food, beverage, or creative concept. Upstairs, the furnished 2-bedroom, 1-bath apartment offers separate utilities, its own address, and independent water and electric-ideal for owner occupancy, short- or long-term rental, or employee housing. A second-floor storage area and attic provide valuable additional space rarely found in properties like this. The building has been thoughtfully updated to reduce future capital expenses. Recent improvements include a new asphalt-shingle roof in 2025, new siding in 2025, attic insulation in 2025, two new furnaces in 2024, a new AC system in 2024, and upgraded plumbing and drainage in 2021. Parking is a major advantage, with a rear lot where the city is working to create additional parking, plus ample public parking directly across the street at the town square, supporting both residential and commercial uses. Knightstown continues to gain momentum as a smart Central Indiana investment. Positioned along the I-70 corridor, the town offers convenient access to Indianapolis while maintaining a charming, walkable downtown. Ongoing revitalization, support for local businesses, and lower acquisition costs compared to metro markets make this an attractive opportunity for investors seeking growth, stability, and community appeal. The sky is truly the limit with this property.

18 N Jefferson Street, Knightstown

Listing courtesy of Annie Scott. F.C. Tucker Company

1116 N Berwick Avenue, Indianapolis
$135,000
2 Beds ⋅ 1 Baths
Welcome to this cozy 2-bedroom, 1-bath ranch-the perfect place to call home! New roof on house and garage, new water heater, interior has been freshly painted and carpets professionally cleaned. Enjoy quiet mornings on the covered front porch, and spend your evenings relaxing under the covered patio attached to the detached 2-car garage. Inside, you'll find a comfortable living room, a functional kitchen, and a dining area that flows nicely for everyday living. The full bathroom is conveniently located between the two bedrooms. Step out back to a fully fenced backyard, perfect for pets, gardening, or outdoor gatherings. Whether you're a first-time homebuyer, downsizing, or investing, this home offers simplicity, charm, and potential-all in one neat package.

1116 N Berwick Avenue, Indianapolis

Listing courtesy of Carie Barkwell. Keller Williams Indy Metro Partners

2913 S Rybolt Avenue, Indianapolis
$90,000
2 Beds ⋅ 1 Baths
Possibility awaits. Conveniently located, this 2 bedroom 1 bath home sits on three lots. An oversized detached garage with concrete floor offers endless possibilities for storage, or hobbyists. Bring your dreams. The home and garage are on 2 of the 3 lots, but the 3rd lot could be used as it is for yard space, garden space, or dream bigger....build a house on it. Income property? Seller would like to sell AS-IS. Home will not qualify for VA or FHA financing. Investors--Please make arrangements to view the home with your contractor prior to submitting an offer. Please be aware that the home is in a flood plain according to FEMA. Please include all three lots on any offer-Mars Hill L708, Mars Hill L709 and Mars Hill L710. Earnest money to be held by listing brokerage. NO SELLER FINANCING.

2913 S Rybolt Avenue, Indianapolis

Listing courtesy of Lisa Bohr. Berkshire Hathaway Home

5506 Hollister Drive, Speedway
$334,900
3 Beds ⋅ 3 Baths
An attractive one story single-family residence awaits. This property, recently totally remodeled, presents an inviting opportunity for a refined living experience. The kitchen serves as a central gathering point, offering a large kitchen island that encourages culinary creativity and social interaction. Elegant cabinets provide ample storage, contributing to an organized and aesthetically pleasing environment for preparing and enjoying meals. One of the three full bathrooms provides a luxurious retreat, featuring a tiled walk-in shower. The residence includes three comfortable bedrooms and three full bathrooms, providing convenience and personal space. The expansive lot, spanning 10193 square feet, offers considerable outdoor potential. This attractive single-family residence offers a truly exceptional opportunity to embrace a desirable way of living. Gorgeous accent wall in living room.It also has a newer roof and vinyl windows and water heater, all less than a year old. Finished Garage. This home is centrally located and convenient to so much the city has to offer. Speedway schools and so close to Meadowood park. Appliances stay, gorgeously, freshly painted exterior. Low maintenance Brick exterior. Some Virtually staged photos, schedule your showing today!

5506 Hollister Drive, Speedway

Listing courtesy of Warren Dubois. Dubois Realty Co., Inc.

2226 W Michigan Street, Indianapolis
$524,900
Welcome to your new office space! This space is on a main thoroughfare with great visibility and is the perfect location. Minutes from Downtown, Eskenazi, Riley, IU hospitals and the new campuses of IU Indianapolis and Purdue Indianapolis. Your new office features a New Roof, Everdry sealed lower level, Main level with conference room, work room, kitchenette, secretary space, restroom and five offices. The upper level has an additional conference room or corporate office, six offices and two restrooms. The finished lower level has ample space and opportunity to be creative with several large areas. This dynamic building also includes the strip of land across from the alley which was intended for additional parking spaces. Come take a look and let's get you in your new office! Previous uses for the building included a dental office and a beauty salon, so there are endless possibilities for the space!

2226 W Michigan Street, Indianapolis

Listing courtesy of Rochelle McDaniels. Keller Williams Indy Metro NE

5061 W Legrande Avenue, Indianapolis
$265,000
4 Beds ⋅ 3 Baths
Located within a short distance between the famous Indianapolis Motor Speedway & Indianapolis International Airport you will find this Charming Carriage Style home! Spanning over 2100 sq ft, the heart of this residence embraces an open floor plan, where the updated eat-in kitchen opens up to the spacious living room, making it perfect for entertaining. Also offering two bedrooms and one full bathroom on the main level. The second floor is filled with surprises, where you'll find an enormous master suite with a large walk-in closet and master bathroom with separate his/her vanities and shower/tub combo. The 4th spacious bedroom has a walk-in closet and it's own private half bathroom. It keeps going... a great size laundry room and bonus room for gaming or a quite office space. Outdoor enjoyment is assured with a welcoming covered porch at the front/side leading to a private, fenced side yard, ideal for cherished moments in the fresh air. No HOA's. One car attached garage and a detached 2 car garage. NEW roof, NEW crawlspace sump pump & water vapor barrier, and NEW furnace!! This residence offers more than you'll ever need. Schedule a showing today!

5061 W Legrande Avenue, Indianapolis

Listing courtesy of Michelle Broughton. Trueblood Real Estate

7425 Mount Herman Avenue, Indianapolis
$28,000
Nestled in the established Chapel Hill-Ben Davis area of Indianapolis, this 3,703 sq ft vacant lot offers a great opportunity to create something new. Set within a quiet residential neighborhood, the location balances peaceful surroundings on a dead end road with easy access to city conveniences. Whether your plans include building a custom home or pursuing an investment project, this property offers a versatile foundation to bring your vision to life. Enjoy close proximity to downtown Indianapolis, the Indianapolis International Airport, and popular destinations such as White River State Park, the Indianapolis Zoo, and Eagle Creek Park-one of the largest municipal parks in the nation. Nearby shopping, dining, and schools add everyday convenience, making this an appealing location for future development. With thoughtful planning, this lot has the potential to become something truly special.

7425 Mount Herman Avenue, Indianapolis

Listing courtesy of Melody Owen. Carpenter, REALTORS®

2022 N Alton Avenue, Indianapolis
$150,000
3 Beds ⋅ 2 Baths
New construction ranch offering 3 bedrooms and 2 full baths, ready for final touches. This single-story home features a functional open layout and solid construction throughout. All major systems-including plumbing, electrical, and HVAC-have been fully inspected and approved by the city. The remaining building materials are included with the sale, allowing the next owner to complete the home to their personal taste. Ideal for an owner-occupant looking to customize or an investor seeking a near-completion project. One-level living with strong upside-don't miss this opportunity. Engineers floor plan report is in the supplement documents- For more information, please reach out to the listing agent directly if you are not currently represented by an agent.

2022 N Alton Avenue, Indianapolis

Listing courtesy of Barbara Whiteside. Keller Williams Indy Metro NE

7347 Chapel Villas Lane, Indianapolis
$229,000
3 Beds ⋅ 3 Baths
EXCITING NEWS! This end-unit condo is refreshed and now just $229,000. Truly move-in-ready, this low-maintenance home offers a lot of space. Recent updates include fresh paint and brand-new vinyl plank in the living room, a professional deep clean (oh, and a price reduction). This home is conveniently located just 5 minutes from I-465, 10 minutes from the Indianapolis Motor Speedway, and 15 minutes from downtown Indy. The main level includes a kitchen and a dining-living room combo with vaulted ceiling and a gas log fireplace along with an en suite primary bedroom and another bedroom. Upstairs is a large space great for office, gaming, additional living space or bedroom complete with full bath and walk-in closet. Outside, the property features an open patio with a privacy fence and a two-car attached garage. Residents have access to neighborhood amenities including a clubhouse, pool, and fitness center, supported by a monthly COA fee that covers exterior maintenance, snow removal, and trash.

7347 Chapel Villas Lane, Indianapolis

Listing courtesy of Becki Cronin. F.C. Tucker Company

314 N Warman Avenue, Indianapolis
$330,000
3 Beds ⋅ 3 Baths
Located at 314 N Warman AVE, INDIANAPOLIS, IN, this single-family residence offers an inviting home, ready for you to move in. The kitchen is designed for both culinary exploration and social gatherings, featuring a large kitchen island that invites conversation, as well as a kitchen bar. Stone countertops offer both beauty and resilience, complemented by shaker cabinets that provide a timeless aesthetic. The bathroom offers a luxurious experience with its walk-in shower, creating a personal spa environment within your own home. The property features a porch where you can enjoy the outdoors, as well as a fenced backyard that offers a private outdoor area. With 1800 square feet of living area on a 3311 square foot lot, this two-story home includes 3 bedrooms and 2 full bathrooms, along with a half bathroom. This 2021-built home in a residential area is waiting for you to create lasting memories.

314 N Warman Avenue, Indianapolis

Listing courtesy of Rafael Ayala. eXp Realty, LLC

1051 N Holmes Avenue, Indianapolis
$109,900
4 Beds ⋅ 1 Baths
Excellent investment opportunity on Indy's Westside! Last rent was $985/month. Property needs some work but near parks and minutes from Speedway or Downtown! Additional 6 properties available from same seller/agent, varying condition. Property is sold in Receivership - requires UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK approval of contract prior to closing. Buyer to be responsible for all costs on the settlement statement except for Seller paid commissions and management fees. Please see the attached documents. The Seller Addendum must be executed and delivered with all Purchase Offers along with all disclosures and proof of funds. Property is sold as-is. Seller will not assume responsibility for any required repairs to the home to qualify for financing. Utilities are inactive and the home is winterized.

1051 N Holmes Avenue, Indianapolis

Listing courtesy of Samuel Barron. Barron Property Services

8834 & 8844 W Washington Street, Indianapolis
$329,000
Incredible business opportunity on highly visible US-40 frontage! Perfectly positioned near the Indianapolis International Airport, and just minutes from Indianapolis and Plainfield, this property offers exceptional access and exposure for a wide range of commercial uses. The site includes two vacant parcels for future development and an existing Office Building, providing immediate functionality and long-term growth potential. The office building features three private offices, a conference room, a storage room, and flexible space ideal for daily operations. With its strategic location and strong traffic count, this property is ideal for businesses seeking visibility, convenience, and room to expand. Don't miss this chance to secure prime commercial real estate!

8834 & 8844 W Washington Street, Indianapolis

Listing courtesy of Jane Venezia. Carpenter, REALTORS®

2316 Mellen Road, Indianapolis
$329,000
Incredible business opportunity on highly visible US-40 frontage! Perfectly positioned near the Indianapolis International Airport, and just minutes from Indianapolis and Plainfield, this property offers exceptional access and exposure for a wide range of commercial uses. The site includes two vacant parcels for future development and an existing Office Building, providing immediate functionality and long-term growth potential. The office building features three private offices, a conference room, a storage room, and flexible space ideal for daily operations. With its strategic location and strong traffic count, this property is ideal for businesses seeking visibility, convenience, and room to expand. Don't miss this chance to secure prime commercial real estate!

2316 Mellen Road, Indianapolis

Listing courtesy of Jane Venezia. Carpenter, REALTORS®

00 S State Road 109, Knightstown
$2,625,000
Approximately 35 Acres Of Farmland Available For Commercial Development This Exceptional 35-Acre Tract Sits Directly Behind The Loves Travel Stop And Just Off The Interstate 70 Knightstown Exit 115, Placing It At The Center Of A Rapidly Growing Commercial Corridor. Although It Is Part Of Other Tracts Owned By The Seller, Only This Specific Parcel Is Being Offered For Sale. The Property Will Need To Be Zoned For Commercial Use, And The County Planning Director Has Expressed A Willingness To Work With Buyers To Facilitate Rezoning For Large-Scale Development. This Area Is Considered A Prime Location For Commercial Opportunities, Including Retail, Service, Hospitality, And Logistics Uses. Two Easements, Recorded As Deed Restrictions On The Loves Travel Center, Provide Legal Access From State Road 109 Directly To The Property. Septic And Well Installation Will Be Required If Desired For Future Development. Seller Is Willing To Subdivide For Multiple Buyers. Located Adjacent To The New Henry County Community Health Facility. Taxes Are NOT Accurate.

00 S State Road 109, Knightstown

Listing courtesy of Albert Stancato. Highgarden Real Estate

S State Road 109, Knightstown
$1,125,000
Approximately 25 Acres Of Versatile Land - Knightstown, Indiana (I-70 Exit 115)... Approximately 25 Acres Of Open Farmland Positioned Directly Behind The Loves Travel Stop And Just Off The Interstate 70 Knightstown Exit (Exit 115). This Tract Is Part Of A Larger Group Of Properties Owned By The Seller; However, Only This Specific Lot Is Being Offered For Sale. The Land Currently Holds Agricultural Zoning But Offers Strong Potential For Commercial Conversion, Given Its Strategic Location, Existing Traffic Flow, And Proximity To Established Travel-Oriented Businesses. A Portion Of The Property Lies Near The Floodway And Partially Within A Flood Zone, Making It Well-Suited For Uses Such As Agriculture, Solar Farms, Trailer Storage, Outdoor Recreation, Camping, Or Other Low-impact, Flexible-Use Concepts. Higher-elevation areas provide additional placement options depending on desired development. Two Recorded Easements, Set As Deed Restrictions On The Loves Travel Center, Provide Dedicated Access From State Road 109, Increasing The Property's Utility And Keeping Access Costs Low. Utilities Will Require Installation Of A Septic System And Well, If Desired. Seller Willing To Subdivide For Multiple Buyers. Located Near The New Henry County Community Health Facility And Within A Rapidly Developing Commercial Corridor Along I-70. This Property Offers Rare Scale, Immediate Interstate Connectivity, And Strong Long-Term Investment Potential For Developers, Investors, And Users Seeking Affordable Land With Flexible-Use Options. Taxes Are NOT Accurate.

S State Road 109, Knightstown

Listing courtesy of Albert Stancato. Highgarden Real Estate

S State Road 109, Knightstown
$499,000
5+ Acres For Commercial Development - I-70 Westbound Exit Ramp. Prime Commercial Opportunity With Exceptional Visibility From Interstate 70 And State Road 109. This Cleared 5+ Acre Parcel Sits Directly Off The Westbound Exit Ramp, Offering Strong Exposure And Easy Access For High-Traffic Commercial Use. The Property Will Need To Be Zoned For Commercial Use And Is Ideally Suited For A Fast Food Restaurant, Gas Station, Convenience Store, Or Similar Roadside Business. Though This Lot Is Positioned Independently Off The Exit Ramp, It Is Part Of A Larger 134-Acre Tract Owned By The Seller-However, Only This Specific Lot Is Being Offered For Sale. Seller Will Subdivide For Multiple Buyers. Located Adjacent To The New Henry County Community Health Facility. Utilities Will Require Installation Of A Septic System And Well.

S State Road 109, Knightstown

Listing courtesy of Albert Stancato. Highgarden Real Estate

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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