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

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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

227 N Hamilton Ave, Indianapolis, IN 46201

Dedicated garage bay • All-brick duplex • Granite countertops

ABOUT THIS HOME
Multi Family Home for sale in Indianapolis, IN:
Properties being sold as a package and sale includes these 3 parcels: 49-11-02-149-013.000-101 (950 N California St), 49-11-02-149-014.000-101 (952 N California St), and 49-11-02-149-015.000-101 (609 W 10th St). Investor Opportunity - 3 Airbnb Properties near IU Indianapolis & Canal. Turnkey portfolio of 3 active short-term rental homes in the heart of Downtown Indianapolis. All units are walkable to IU Indianapolis, IU Health & Eskenazi hospitals, Canal Walk, and White River State Park. Each is fully furnished, professionally managed, and generating reliable income with strong occupancy. Properties feature modern updates, off-street parking. Highlights: 3 total units (mix of 3

$1,300,000

20 beds16 baths11,078 sq ft

950-952 N California St, Indianapolis, IN 46202

Off-street parking • Fully furnished • 8,756 sq ft lot

ABOUT THIS HOME
Multi Family Home for sale in Indianapolis, IN:
* * BUYERS FINANCING FELL THROUGH, PROPERTY BACK ON MARKET * * Nestled in the heart of Mapleton Fall Creek, this attractive duplex presents an incredible opportunity to own a fully rehabbed, and well-maintained property with timeless appeal. Imagine preparing culinary delights in a kitchen designed for both functionality and style, where shaker cabinets offer ample storage and complement the sleek kitchen bar; the kitchen peninsula provides an ideal space for meal preparation. The bathroom offers a sanctuary of relaxation, featuring a walk-in shower that provides a spa-like experience in the comfort of your own home. The porch provides a welcoming entrance and an ideal spot for enjoying t

$435,500

— beds18900 baths10,710,000 sq ft

3149-3151 Ruckle St, Indianapolis, IN 46205

Fully rehabbed • Open floor plan • Welcoming entrance

ABOUT THIS HOME
Multi Family Home for sale in Indianapolis, IN:
Welcome to 932-934 Calvary St, a fully updated duplex offering flexibility, convenience, and strong income potential. Each side of this property has been thoughtfully improved with new kitchens, including cabinetry, countertops, and stainless steel appliances, plus updated bathrooms, lighting, paint, and flooring throughout. The layouts provide practical living spaces that suit a variety of uses-whether you're an owner looking to offset your mortgage or an investor adding to your portfolio. Step outside to a newly built shared patio featuring a hot tub and firepit-perfect for relaxing evenings or entertaining guests. The outdoor space enhances the property's appeal for short-term stays or l

$580,000

— beds1868 baths1,019,928 sq ft

934 Calvary St, Indianapolis, IN 46203

Firepit • Hot tub • Updated bathrooms

ABOUT THIS HOME
Multi Family Home for sale in Indianapolis, IN:
Rare opportunity! This duplex is part of an exclusive investment portfolio that includes 3 duplexes on the same block! 6 units total! Not available for individual purchase. Discover a prime addition to your portfolio with this fantastic duplex opportunity located on the vibrant west side of Indianapolis, near the scenic Riverside Park! This property is currently generating income with tenants on a month-to-month lease, paying a combined $1,770/month, with the potential to increase to an estimated market rent of $2,420/month. The addresses are 2114 and 2116 Winfield Ave. This duplex boasts several modern updates, including a newer roof, fresh paint, contemporary light fixtures, updated appli

$190,000

4 beds3 baths2,856 sq ft

2114 Winfield Ave, Indianapolis, IN 46222

Fresh paint • Modern updates • Newer roof

Property at 1629/1631 Carrollton Ave, Indianapolis, IN 46202, 6 beds, 8150 baths

$600,000

6 beds8150 baths7,176,939 sq ft

1629/1631 Carrollton Ave, Indianapolis, IN 46202

Property at 1542 Bellefontaine St, Indianapolis, IN 46202, 6 beds, 7713 baths

$1,175,000

6 beds7713 baths6,790,277 sq ft

1542 Bellefontaine St, Indianapolis, IN 46202

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

$179,900

2 beds2 baths1,200 sq ft

224 N Tacoma Ave, Indianapolis, IN 46201

Property at 2133 Winfield Ave, Indianapolis, IN 46222, 4 beds, 3 baths

$190,000

4 beds3 baths3,045 sq ft

2133 Winfield Ave, Indianapolis, IN 46222

Property at 606/608 N Emerson Ave, Indianapolis, IN 46219, 5 beds, 6.5 baths

$543,000

5 beds6.5 baths5,220 sq ft

606/608 N Emerson Ave, Indianapolis, IN 46219

Property at 2031 Broadway St, Indianapolis, IN 46202, 1 bed, 2 baths

$359,000

1 bed2 baths2,250 sq ft

2031 Broadway St, Indianapolis, IN 46202

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 2026 Clay St, Indianapolis, IN 46205, 4 beds, 3 baths

$210,000

4 beds3 baths2,256 sq ft

2026 Clay St, Indianapolis, IN 46205

Property at 1129 N Pershing Ave, Indianapolis, IN 46222, 8 beds, 4 baths

$165,000

8 beds4 baths2,692 sq ft

1129 N Pershing Ave, Indianapolis, IN 46222

Property at 2625 E North St, Indianapolis, IN 46201, 4 beds, 4 baths

$550,000

4 beds4 baths4,000 sq ft

2625 E North St, Indianapolis, IN 46201

Property at 802 Weghorst St, Indianapolis, IN 46203, 3 beds, 6 baths

$239,900

3 beds6 baths3,150 sq ft

802 Weghorst St, Indianapolis, IN 46203

Property at 636 E 37th St, Indianapolis, IN 46205, 2 beds, 5 baths

$275,000

2 beds5 baths3,875 sq ft

636 E 37th St, Indianapolis, IN 46205

Property at 3837 Carrollton Ave, Indianapolis, IN 46205, 8 beds, 8059.700000000001 baths

$298,000

8 beds8059.700000000001 baths14,331,092 sq ft

3837 Carrollton Ave, Indianapolis, IN 46205

Property at 1102 N Oakland Ave, Indianapolis, IN 46201, 7 beds, 7.5 baths

$395,000

7 beds7.5 baths7,250 sq ft

1102 N Oakland Ave, Indianapolis, IN 46201

Property at 6259 E 11th St, Indianapolis, IN 46219, 4 beds, 2 baths

$185,000

4 beds2 baths1,170 sq ft

6259 E 11th St, Indianapolis, IN 46219

Property at 1304 Phillips Dr, Indianapolis, IN 46241, 4 beds, 3 baths

$210,000

4 beds3 baths1,645 sq ft

1304 Phillips Dr, Indianapolis, IN 46241

Property at 323-325 N Gladstone Ave, Indianapolis, IN 46201, 4 beds, 4 baths

$240,000

4 beds4 baths2,580 sq ft

323-325 N Gladstone Ave, Indianapolis, IN 46201

Property at 55 W Fall Creek Parkway South Dr, Indianapolis, IN 46208, 8 beds, 10 baths

$700,000

8 beds10 baths12,300 sq ft

55 W Fall Creek Parkway South Dr, Indianapolis, IN 46208

Property at 625/627 N Wallace Ave, Indianapolis, IN 46201, 4 beds, 2 baths

$219,900

4 beds2 baths2,260 sq ft

625/627 N Wallace Ave, Indianapolis, IN 46201

Property at 59 W Fall Creek Parkway South Dr, Indianapolis, IN 46208, 8 beds, 10 baths

$725,000

8 beds10 baths11,300 sq ft

59 W Fall Creek Parkway South Dr, Indianapolis, IN 46208

Property at 228 N Tacoma Ave, Indianapolis, IN 46201, 1 bed, 2 baths

$179,900

1 bed2 baths1,200 sq ft

228 N Tacoma 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 802 N Bancroft St, Indianapolis, IN 46201, 3 beds, 4 baths

$299,900

3 beds4 baths2,520 sq ft

802 N Bancroft St, Indianapolis, IN 46201

Property at 3513 N Kenwood Ave, Indianapolis, IN 46208, 6 beds, 3 baths

$219,900

6 beds3 baths2,636 sq ft

3513 N Kenwood Ave, Indianapolis, IN 46208

Property at 4114 E Washington St, Indianapolis, IN 46201, 5 beds, 4 baths

$239,000

5 beds4 baths3,168 sq ft

4114 E Washington St, Indianapolis, IN 46201

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

Property at 6102 Brookville Rd, Indianapolis, IN 46219, 3 beds, 4 baths

$285,000

3 beds4 baths3,182 sq ft

6102 Brookville Rd, Indianapolis, IN 46219

Property at 543 N Oakland Ave, Indianapolis, IN 46201, 4 beds, 6 baths

$399,000

4 beds6 baths3,528 sq ft

543 N Oakland Ave, Indianapolis, IN 46201

Property at Undisclosed address, Indianapolis, IN 46205, 4 beds, 347 baths

$459,000

4 beds347 baths292,575 sq ft

Undisclosed address, Indianapolis, IN 46205

Property at 3135 Kentucky Ave, Indianapolis, IN 46221, 4 beds, 4 baths

$224,900

4 beds4 baths1,600 sq ft

3135 Kentucky Ave, Indianapolis, IN 46221

Property at 3739 E Market St, Indianapolis, IN 46201, 2 beds, 4 baths

$500,000

2 beds4 baths4,800 sq ft

3739 E Market St, Indianapolis, IN 46201

Property at 2520 Winthrop Ave, Indianapolis, IN 46205, 4 beds, 3 baths

$223,400

4 beds3 baths2,226 sq ft

2520 Winthrop Ave, Indianapolis, IN 46205

Property at 3614 E Washington St, Indianapolis, IN 46201, 1 bed, 1 bath

$315,000

1 bed1 bath300 sq ft

3614 E Washington St, Indianapolis, IN 46201

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Based on information submitted to the MLS GRID as of Sun Dec 07 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 161 multi family homes for sale in Indianapolis at a median listing price of $229K. 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 67 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, 778 homes have been sold in Indianapolis. In addition to houses in Indianapolis, there were also 405 condos, 58 townhouses, and 210 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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