Homes with Basements for Sale in Indianapolis, IN

Home with Basement for sale in Indianapolis, IN:

5-unit investment property, 100% occupied and newly renovated. Appraisal value $490,000 June 2026 before rent increases. This turnkey opportunity currently generates $6035 per month with long-term tenants in place. Unit turns have been completed on all units, and the property features all new siding. Basement offers additional income potential through future laundry and/or tenant storage or building out additional units.

Home with Basement for sale in Indianapolis, IN:

Don't miss this stunning Speedway bungalow! Step out your back gate and hop right onto the B & O Trail for a quick walk or bike ride to Main Street's vibrant dining and the Indianapolis Motor Speedway. This home is a true showstopper, featuring gorgeous hardwood floors, modern shiplap walls, and a beautifully updated kitchen with stainless steel appliances. The main level offers two comfortable bedrooms and a full updated bathroom. Downstairs, the basement features a second full bath and a versatile family room, that could be used as a 3rd bedroom. Just off the kitchen, relax in the sunroom boasting new thermal windows and a custom built-in banquet with table. Outside, enjoy a fenced ba

Home with Basement for sale in Indianapolis, IN:

Investor-ready Indy downtown bungalow with good bones and a clear path to equity. Hardwood floors run throughout, the kitchen has already been partially updated, and big-ticket mechanicals are done - furnace (2019) and water heater (2018) are both newer. The full basement includes a finished office and a bonus room already framed in, giving you a head start on additional living space. The bathroom needs renovation and the home overall needs some TLC, but with the heavy lifting already started, it's ready for a homeowner or investor to add the finishing touches. Outside you'll find a detached garage, storage shed, and good sized chain-link fenced yard. Conveniently located near I-70 with eas

Home with Basement for sale in Indianapolis, IN:

Opportunity awaits with this charming traditional SFR, offering a great blend of character and potential for homeowners or investors. This property features 2 bedrooms, 1 full bath, and an upstairs bonus room with a convenient layout. One bedroom on the main level and one upstairs. Built in 1900, the home offers a vinyl and brick exterior, vinyl windows, 11/2 levels, and a detached oversized 1-car garage. A great opportunity for a buyer looking to add value and make this property their own.