Multi Family homes for sale & real estate in Indianapolis, IN

145 homes

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ABOUT THIS HOME
Multi Family Home for sale in Indianapolis, IN:
* * * NEW PRICE * * * This is a MUST SEE Duplex! Each unit offers 3 bedrooms and 1 bathroom with separate entrances and utilities. One side has been renovated while the other side requires cleanout and updates. The property has a solid structure, a spacious basement with plenty of opportunity, and an unfinished third-story attic with potential for additional living space or income opportunities. Conveniently located less than 10 minutes from Butler University with strong rental demand in the area. Don't miss out on your opportunity to snag this amazing property.

$290,000

3 beds2 baths3,538 sq ft

516 E 33rd St, Indianapolis, IN 46205

Separate entrances • Spacious basement • 2,788 sq ft lot

NEW CONSTRUCTION

ABOUT THIS HOME
Multi Family Home for sale in Indianapolis, IN:
Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick duplex is professionally built with high-quality materials and modern finishes throughout, featuring two spacious 2-bed, 2-bath units each with its own dedicated garage bay. Tenant-ready interiors include open-concept living, durable LVP flooring, stainless steel appliances, granite countertops, and in-unit laundry. Designed for long-term durability and low-maintenance ownership, the property supports market rents of approximately $1,750 per unit, delivering strong projected returns with minimal effort. Prime location near downtown amenities, job centers, dining, entertainment, and major highways ensures

$499,000

2 beds4 baths2,208 sq ft

226 N Randolph St, Indianapolis, IN 46201

Dedicated garage bay • All-brick duplex • Granite countertops

ABOUT THIS HOME
Multi Family Home for sale in Indianapolis, IN:
Charming duplex located in the Near Eastside / Brookside Park area of Indianapolis. Each side features 11/2 bathrooms and comfortable living space with classic early-century character. This duplex offers flexibility for both investors and owner-occupants-live in one side and rent the other, or add it to your rental portfolio. Conveniently located near Brookside Park, downtown Indianapolis, and major commuter routes, this property combines city accessibility with neighborhood charm.

$150,000

2 beds4 baths1,234 sq ft

1336 N Gale St, Indianapolis, IN 46201

Neighborhood charm • City accessibility • Brookside park

ABOUT THIS HOME
Multi Family Home for sale in Indianapolis, IN:
Eastside duplex in convenient location with easy access to I-70 and Downtown Indy. Each unit features two bedrooms and one bathroom. The property is in need of some TLC which presents an opportunity for substantial upside! Unit 2626 is tenant occupied. Please do not disturb tenants. Sold as-is.

$94,900

4 beds2 baths1,232 sq ft

2626 E Brookside Ave, Indianapolis, IN 46218

5,009 sq ft lot • Built 1902 • Listed 129 days

ABOUT THIS HOME
Multi Family Home for sale in Indianapolis, IN:
Move-in ready duplex just minutes from Downtown Indianapolis and the heart of Irvington! One side is vacant with a projected market rent of $775-$800/month, while the other is leased at $725/month through May 31, 2026, providing immediate, stable income. Each unit includes an electric range, refrigerator, gas furnace, electric water heater, and central air, all professionally managed for ease of ownership. Tenants pay all utilities and handle yard maintenance, while mowing is covered by management. The property is non-smoking, pet-free, and features an unfinished basement and street parking. Whether you're an investor seeking reliable cash flow or an owner-occupant looking for an affordable

$155,000

2 beds1866 baths1,158,786 sq ft

932 - 934 N Leland Ave N, Indianapolis, IN 46219

Gas furnace • Electric range • Refrigerator

Property at 833 N Gladstone Ave, Indianapolis, IN 46201, 2 beds, 2 baths

$140,000

2 beds2 baths1,066 sq ft

833 N Gladstone Ave, Indianapolis, IN 46201

Property at 833-835 N Riley Ave, Indianapolis, IN 46201, 2 beds, 3 baths

$200,000

2 beds3 baths2,700 sq ft

833-835 N Riley Ave, Indianapolis, IN 46201

Property at 5713 Bluff Rd, Indianapolis, IN 46217, 5 beds, 10 baths

$320,000

5 beds10 baths6,850 sq ft

5713 Bluff Rd, Indianapolis, IN 46217

Property at 2731 Columbia Ave, Indianapolis, IN 46205, 3 beds, 10 baths

$825,000

3 beds10 baths5,280 sq ft

2731 Columbia Ave, Indianapolis, IN 46205

Property at 1728 N Delaware St, Indianapolis, IN 46202, 10 beds, 15 baths

$1,025,000

10 beds15 baths12,325 sq ft

1728 N Delaware St, Indianapolis, IN 46202

Property at 2805 Boulevard Pl, Indianapolis, IN 46208, 4 beds, 2 baths

$199,000

4 beds2 baths2,960 sq ft

2805 Boulevard Pl, Indianapolis, IN 46208

Property at 634 E 37th St, Indianapolis, IN 46205, 8 beds, 10 baths

$275,000

8 beds10 baths7,750 sq ft

634 E 37th St, Indianapolis, IN 46205

Property at 2526 N Harding St, Indianapolis, IN 46208, 3 beds, 7.5 baths

$680,000

3 beds7.5 baths3,960 sq ft

2526 N Harding St, Indianapolis, IN 46208

Property at 1631 Montcalm St, Indianapolis, IN 46202, 6 beds, 4 baths

$425,000

6 beds4 baths2,500 sq ft

1631 Montcalm St, Indianapolis, IN 46202

Property at 4860 E 14th St, Indianapolis, IN 46201, 4 beds, 9542 baths

$264,900

4 beds9542 baths10,992,384 sq ft

4860 E 14th St, Indianapolis, IN 46201

Property at 4237 Evanston Ave, Indianapolis, IN 46205, 6 beds, 5 baths

$475,000

6 beds5 baths2,624 sq ft

4237 Evanston Ave, Indianapolis, IN 46205

Property at 2737 Columbia Ave, Indianapolis, IN 46205, 3 beds, 10 baths

$825,000

3 beds10 baths5,280 sq ft

2737 Columbia Ave, Indianapolis, IN 46205

Property at 2114 Winfield Ave, Indianapolis, IN 46222, 4 beds, 3 baths

$190,000

4 beds3 baths2,856 sq ft

2114 Winfield Ave, Indianapolis, IN 46222

Property at 818 N Drexel Ave, Indianapolis, IN 46201, 4 beds, 2 baths

$280,000

4 beds2 baths1,976 sq ft

818 N Drexel Ave, Indianapolis, IN 46201

Property at 631 Terrace Ave, Indianapolis, IN 46203, 4 beds, 3 baths

$197,500

4 beds3 baths2,648 sq ft

631 Terrace Ave, Indianapolis, IN 46203

Property at 505 W 40th St, Indianapolis, IN 46208, 5 beds, 4 baths

$195,000

5 beds4 baths3,744 sq ft

505 W 40th St, Indianapolis, IN 46208

Property at 247-249 S Emerson Ave, Indianapolis, IN 46219, 3 beds, 2 baths

$395,000

3 beds2 baths2,772 sq ft

247-249 S Emerson Ave, Indianapolis, IN 46219

Property at 2142 N Harding St, Indianapolis, IN 46202, 4 beds, 2 baths

$179,000

4 beds2 baths2,028 sq ft

2142 N Harding St, Indianapolis, IN 46202

Property at 2918 Jackson St, Indianapolis, IN 46222, 15 beds, 9 baths

$634,000

15 beds9 baths6,700 sq ft

2918 Jackson St, Indianapolis, IN 46222

Property at 2143 Columbia Ave, Indianapolis, IN 46202, 2 beds, 4 baths

$499,000

2 beds4 baths2,208 sq ft

2143 Columbia Ave, Indianapolis, IN 46202

Property at 224 N Tacoma Ave, Indianapolis, IN 46201, 2 beds, 2 baths

$174,900

2 beds2 baths1,200 sq ft

224 N Tacoma Ave, Indianapolis, IN 46201

Property at 301 E Southern Ave, Indianapolis, IN 46225, 4 beds, 3 baths

$205,000

4 beds3 baths3,654 sq ft

301 E Southern Ave, Indianapolis, IN 46225

Property at 950-952 N California St, Indianapolis, IN 46202, 20 beds, 16 baths

$1,300,000

20 beds16 baths11,078 sq ft

950-952 N California St, Indianapolis, IN 46202

Property at 2528 N Harding St, Indianapolis, IN 46208, 3 beds, 7.5 baths

$680,000

3 beds7.5 baths3,960 sq ft

2528 N Harding St, Indianapolis, IN 46208

Property at 4235 Evanston Ave, Indianapolis, IN 46220, 6 beds, 5 baths

$475,000

6 beds5 baths2,624 sq ft

4235 Evanston Ave, Indianapolis, IN 46220

Property at 4233 Evanston Ave, Indianapolis, IN 46205, 6 beds, 5 baths

$475,000

6 beds5 baths2,624 sq ft

4233 Evanston Ave, Indianapolis, IN 46205

Property at 227 N Hamilton Ave, Indianapolis, IN 46201, 2 beds, 4 baths

$499,000

2 beds4 baths2,208 sq ft

227 N Hamilton Ave, Indianapolis, IN 46201

Property at 717 N Grant Ave, Indianapolis, IN 46201, 3 beds, 4 baths

$275,000

3 beds4 baths2,598 sq ft

717 N Grant Ave, Indianapolis, IN 46201

Property at 1105 N Parker Ave, Indianapolis, IN 46201, 6 beds, 3 baths

$169,000

6 beds3 baths2,328 sq ft

1105 N Parker Ave, Indianapolis, IN 46201

Property at 1706 Ingram St, Indianapolis, IN 46218, 6 beds, 4 baths

$435,000

6 beds4 baths2,500 sq ft

1706 Ingram St, Indianapolis, IN 46218

Property at 1738 W Morris St, Indianapolis, IN 46221

$260,000

— beds— baths— sq ft

1738 W Morris St, Indianapolis, IN 46221

Property at 1125 Trowbridge St, Indianapolis, IN 46203, 3 beds, 4 baths

$425,000

3 beds4 baths2,686 sq ft

1125 Trowbridge St, Indianapolis, IN 46203

Property at 1328-1330 N Chester Ave, Indianapolis, IN 46201, 2 beds, 2 baths

$182,000

2 beds2 baths1,200 sq ft

1328-1330 N Chester Ave, Indianapolis, IN 46201

Property at 1610 Hoefgen St, Indianapolis, IN 46203, 3222 baths

$104,900

— beds3222 baths1,830,096 sq ft

1610 Hoefgen St, Indianapolis, IN 46203

Property at 1846 Olive St, Indianapolis, IN 46203, 3 beds, 2 baths

$150,000

3 beds2 baths2,388 sq ft

1846 Olive St, Indianapolis, IN 46203

Property at 2413 Guilford Ave, Indianapolis, IN 46205, 3 beds, 8 baths

$280,000

3 beds8 baths2,520 sq ft

2413 Guilford Ave, Indianapolis, IN 46205

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Based on information submitted to the MLS GRID as of Sat Dec 27 2025. All data is obtained from various sources and may not have been verified by broker or 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.

Multi Family Homes for Sale in Indianapolis

There are currently 145 multi family homes for sale in Indianapolis at a median listing price of $240K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Indianapolis stay on the market for 70 days and receive 1 offers. Popular neighborhoods include Lanikai Beach, Fountain Square, Broad Ripple, Meridian Kessler, and Irvington. This map is refreshed with the newest listings in Indianapolis every 15 minutes.

In the past month, 788 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 408 condos, 58 townhouses, and 220 multi-family units for sale in Indianapolis last month. Indianapolis is a minimally walkable city in Marion County with a Walk Score of 31. Indianapolis is home to approximately 819,398 people and 550,184 jobs. Find your dream home in Indianapolis using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Indianapolis are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Indianapolis. Our Indianapolis real estate stats and trends will give you more information about home buying and selling trends in Indianapolis. If you're looking to sell your home in the Indianapolis area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Indianapolis with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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