Hollywood Place, IN homes for sale & real estate

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NEW CONSTRUCTION

ABOUT THIS HOME
Hollywood Place, IN Homes for Sale
This home must be sold to income-eligible buyers as their primary residence and purchased through the Indianapolis Neighborhood Housing Partnership (INHP). A buyer's income cannot exceed 80% of the area median income, and the buyer must be pre-approved for a mortgage loan through INHP or one of its lender partners. See attached income chart in supplemental attachments. Eligible buyers will be offered a "Fair Market Value Reduction" (subsidy) that will reduce their loan amount, and effectively, the purchase price of the home when sold.

$130,000

2 beds1 bath1,113 sq ft

318 N Kealing Ave, Indianapolis, IN 46201

4,792 sq ft lot • Built 2025 • Listed 24 days

ABOUT THIS HOME
Hollywood Place, IN Homes for Sale
Great location within minutes of downtown, Mass Ave. , and Brookside Park. This one bedroom 1 bath home features a large front porch, hardwood floors, a full basement, and an updated kitchen, The full basement could easily be finished for additional living space. This is a great investment opportunity.

$70,000

1 bed1 bath1,632 sq ft

3538 Robson St, Indianapolis, IN 46201

Large front porch • Full basement • Updated kitchen

ABOUT THIS HOME
Hollywood Place, IN Homes for Sale
Seller willing to do RENT-TO-OWN. This single-story home features a great layout with three bedrooms and two full bathrooms. New hot water heater installed in Feb 2025, New Roof installed in November 2023. New flooring and a fresh coat of paint would make this property a great investment or cozy owner-occupied home.

$135,000

3 beds2 baths1,932 sq ft

3614 E New York St, Indianapolis, IN 46201

5,184 sq ft lot • Garage • Built 1925

NEW CONSTRUCTION

ABOUT THIS HOME
Hollywood Place, IN Homes for Sale
Welcome home to 58 N Kealing Ave, Indianapolis, IN, this single-family residence presents an attractive property in great condition, ready to welcome its new owners. The living room offers a warm and inviting atmosphere, enhanced by the comforting presence of a fireplace. The kitchen stands as a culinary centerpiece, featuring a backsplash, a kitchen bar, a large kitchen island, white cabinets, and granite countertops. Imagine preparing meals and entertaining guests in this stylish and functional space. The bedroom provides a private retreat, complete with an ensuite bathroom, offering a personal sanctuary within the home and located on the main level. The bathroom is designed for relaxatio

$450,000

5 beds3 baths3,080 sq ft

58 N Kealing Ave, Indianapolis, IN 46201

Large kitchen island • Kitchen bar • Walk-in shower

ABOUT THIS HOME
Hollywood Place, IN Homes for Sale
Turnkey 6-unit multifamily opportunity on Washington Street! This well-maintained property offers six studio-style units with strong in-place rents and solid tenants. Current monthly gross rent is $4,207, with three units rented at $680/mo, one at $340 every two weeks ($737/mo), one at $300 every two weeks ($650/mo), and one at $180/week (~$780/mo), totaling $50,484/year. Owner pays all utilities including gas, electric, water, sewer, and trash. Average monthly expenses are $588, and annual expenses are estimated at $7,056. Financials reflect a projected NOI of $43,428 with a cap rate of 12.77% at the $340,000 price point. Investors can expect an estimated 30.37% cash-on-cash return with 20

$315,000

1 bed1 bath300 sq ft

3614 E Washington St, Indianapolis, IN 46201

Off street parking • Walkable to stores • Cash flowing asset

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 3714 E Washington St, Indianapolis, IN 46201

$120,000

— beds— baths— sq ft

3714 E Washington St, Indianapolis, IN 46201

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3D WALKTHROUGH

ABOUT THIS HOME
Hollywood Place, IN Homes for Sale
Don't miss this rare opportunity to own a fully renovated, turn-key investment property situated in a highly convenient location, just a quick 12-minute drive from the heart of Downtown Indianapolis! This impressive two-story duplex offers immediate cash flow and long-term peace of mind, with each side featuring a spacious layout of three generous bedrooms and one-and-a-half modern bathrooms, plus the highly desirable amenity of in-unit washer and dryer hookups. All major capital expenses have been addressed, ensuring lower operating costs with the installation of a brand new roof, new AC units, and new water heaters for both sides. The interiors of both units have been fully renovated to o

$259,000

6 beds4 baths2,576 sq ft

33 N Sherman Dr, Indianapolis, IN 46201

Fully renovated • New ac units • New water heaters

ABOUT THIS HOME
Hollywood Place, IN Homes for Sale
Great Rental with instant income. Tenant has lease through February 2027. Recent updates include new ceiling fans, bathroom vanity, kitchen cabinets and sink, windows, new HVAC and gas water heater, recently painted throughout, the full unfinished basement has daylight windows and laundry hook up . Location is close to grocery, bus line, restaurants and minutes from Downtown Indy. The backyard has a deck and a detached garage, and there's a BIG covered front porch to relax on. This is a great investment if you're looking to add to your current portfolio or just getting started in the rental business.

$165,000

3 beds2 baths2,763 sq ft

41 S Sherman Dr, Indianapolis, IN 46201

Covered front porch • Newer appliances • Daylight windows

Based on information submitted to the MLS GRID as of Tue Dec 30 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.

Average home prices near Hollywood Place, IN

Cities

Neighborhoods

Downtown Indianapolis homes for sale
$440,000
Southeast Indianapolis homes for sale
$229,900
Fountain Square homes for sale
$329,900
Fletcher Place homes for sale
$346,950
East Side Indianapolis homes for sale
$198,750
Lockerbie Square homes for sale
$440,000
Near Northside homes for sale
$472,000
North Side Indianapolis homes for sale
$250,724
Irvington homes for sale
$208,999
South Side Indianapolis homes for sale
$219,900

Hollywood Place, IN real estate trends

$127K

Sale price

$168

Sale $/sq ft

Under list price

23%

Days on market

Down payment

—

Total homes sold

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