Cheap homes for sale & real estate in Riley, IN

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ABOUT THIS HOME
Cheap Home for sale in Riley, IN:
Welcome home to this spacious 2-bedroom, 2-bath condominium in the heart of downtown Indianapolis-an incredible opportunity to make a prime location your own! While the home is ready for your personal touch, it offers fantastic bones and room to reimagine the space to fit your style. The open great room features impressive 14-foot ceilings and a fireplace that adds character and warmth. A flexible enclosed porch has beautiful west facing windows that flood the home with natural light. The primary suite includes a walk-in closet, private bath, and convenient access to the in-unit laundry. The second bedroom also offers its own en-suite bath, ideal for guests or a roommate setup. With a littl

$339,900

2 beds2 baths1,230 sq ft

611 N Park Ave #203, Indianapolis, IN 46204

14-foot ceilings • West facing windows • Walk-in closet

ABOUT THIS HOME
Cheap Home for sale in Riley, IN:
LOCATION, LOCATION, LOCATION! Enjoy true downtown living at 721 E North Street, perfectly positioned in the middle of everything. This maintenance-free condo has been freshly updated with new interior paint and new carpet, complemented by hardwood floors, granite countertops, stainless steel appliances, and a front-load washer and dryer. The open layout features soaring ceilings and abundant natural light, along with two spacious ensuite bedrooms-ideal for guests, roommates, or a home office. Step outside to your private balcony, or take a short stroll: just 3 minutes to Bottleworks, 3 minutes to Mass Ave, 1 minute to St. Joseph's, and only a 1-minute drive to highway access. The secured bu

$299,900

2 beds2 baths960 sq ft

721 E North St Apt 1C, Indianapolis, IN 46202

Private balcony • Secured building • Open layout

ABOUT THIS HOME
Cheap Home for sale in Riley, IN:
STEPS away from Mass Ave - this home is an updated 2-bed, 1-bath condo offering the best of downtown Indy living. An open-concept layout features natural light, hardwood floors, a cozy fireplace, and an updated kitchen! The spacious primary bedroom provides excellent storage, while the second bedroom is ideal for guests or a home office. Warm finishes throughout, in-unit laundry, and secure building entry add to the appeal. The outdoor space is a true standout from others- enjoy your private patio/balcony ideal for morning coffee or evening cocktails, plus access to a landscaped, community low-maintenance yard area! Just one block from Mass Ave, right in the heart of dining and entertainme

$300,000

2 beds1 bath1,267 sq ft

802 N Park Ave, Indianapolis, IN 46202

In-unit laundry • Private patio • Updated kitchen

ABOUT THIS HOME
Cheap Home for sale in Riley, IN:
Welcome to the Hudson building in downtown Indianapolis. This condo offers comfort and convenience at your doorstep, along with many updates, including new HVAC and a completely remodeled full bath. Steeping inside, you'll find warm paint color, windows with tons of natural light, gas fireplace, ample kitchen cabinetry for storage and counter space. The spacious walk-in closet keeps your wardrobe organized, while the in-unit laundry adds convenience. Enjoy your morning and evenings on the private balcony, and elevator access makes coming and going effortless with several nearby amenities at your fingertips.

$249,900

1 bed1.5 baths964 sq ft

355 E Ohio St Ste 111, Indianapolis, IN 46204

New hvac • Gas fireplace • In-unit laundry

ABOUT THIS HOME
Cheap Home for sale in Riley, IN:
VIEWS! This incredible unit will leave you speechless! This 2-bedroom 2 full bath unit in the historic Glove Factory has so much to offer. Exposed brick & industrial beams run throughout the unit. The open floor plan is perfect for entertaining guests & friends. Updated kitchen has newer appliances. Living room is flooded with natural light, floor to ceiling windows & shows off an amazing skyline view of your favorite city. Your friends will be so jealous!!! Master bedroom also has skyline views & is connected to an updated master bathroom. Spectacular views in every room. Enjoy the rooftop terrace for an even better scenic experience. Dedicated parking space include

$440,000

2 beds2 baths1,503 sq ft

430 N Park Ave N #412, Indianapolis, IN 46202

Open floor plan • Skyline view • Exposed brick

Property at 108 E Saint Clair St Apt G, Indianapolis, IN 46204, 2 beds, 1 bath

$200,001

2 beds1 bath797 sq ft

108 E Saint Clair St Apt G, Indianapolis, IN 46204

Property at 222 N East St #103, Indianapolis, IN 46204, 2 beds, 2.5 baths

$425,000

2 beds2.5 baths1,796 sq ft

222 N East St #103, Indianapolis, IN 46204

Property at 230 E 9th St Apt 109, Indianapolis, IN 46204, 1 bed, 1 bath

$125,000

1 bed1 bath518 sq ft

230 E 9th St Apt 109, Indianapolis, IN 46204

Property at 877 N East St #104, Indianapolis, IN 46202, 1 bed, 1 bath

$448,200

1 bed1 bath995 sq ft

877 N East St #104, Indianapolis, IN 46202

Property at 630 N College Ave N #404, Indianapolis, IN 46204, 2 beds, 2 baths

$410,000

2 beds2 baths1,260 sq ft

630 N College Ave N #404, Indianapolis, IN 46204

Property at 230 E 9th St #611, Indianapolis, IN 46204, 1 bed, 1 bath

$122,900

1 bed1 bath500 sq ft

230 E 9th St #611, Indianapolis, IN 46204

Property at 450 E Ohio St #321, Indianapolis, IN 46204, 2 beds, 2.5 baths

$374,000

2 beds2.5 baths1,536 sq ft

450 E Ohio St #321, Indianapolis, IN 46204

Property at 825 N Delaware St Unit 3C, Indianapolis, IN 46204, 2 beds, 2 baths

$239,900

2 beds2 baths932 sq ft

825 N Delaware St Unit 3C, Indianapolis, IN 46204

Property at 464 E St. Clair St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$310,000

2 beds1.5 baths1,250 sq ft

464 E St. Clair St, Indianapolis, IN 46202

Property at 932 Broadway St #15, Indianapolis, IN 46202, 2 beds, 2 baths

$450,000

2 beds2 baths1,571 sq ft

932 Broadway St #15, Indianapolis, IN 46202

Property at 342 E Arch St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$318,500

2 beds1.5 baths1,120 sq ft

342 E Arch St, Indianapolis, IN 46202

Property at 1002 N New Jersey St, Indianapolis, IN 46202, 2 beds, 2 baths

$289,000

2 beds2 baths1,801 sq ft

1002 N New Jersey St, Indianapolis, IN 46202

Property at 430 N Park Ave #104, Indianapolis, IN 46202, 2 beds, 2 baths

$375,000

2 beds2 baths1,462 sq ft

430 N Park Ave #104, Indianapolis, IN 46202

Property at 441 N Park Ave #4, Indianapolis, IN 46202, 2 beds, 2 baths

$349,000

2 beds2 baths1,267 sq ft

441 N Park Ave #4, Indianapolis, IN 46202

Property at 324 E 7th St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$354,000

2 beds1.5 baths1,120 sq ft

324 E 7th St, Indianapolis, IN 46202

Property at 230 E 9th St #111, Indianapolis, IN 46204, 1 bed, 1 bath

$124,000

1 bed1 bath427 sq ft

230 E 9th St #111, Indianapolis, IN 46204

Property at 877 N East St Unit 201A, Indianapolis, IN 46202, 1 bed, 1 bath

$379,999

1 bed1 bath940 sq ft

877 N East St Unit 201A, Indianapolis, IN 46202

Property at 932 N Broadway St #4, Indianapolis, IN 46202, 1 bed, 1 bath

$249,900

1 bed1 bath857 sq ft

932 N Broadway St #4, Indianapolis, IN 46202

Property at 315 E St Clair St, Indianapolis, IN 46202, 2 beds, 1.5 baths

$365,000

2 beds1.5 baths1,120 sq ft

315 E St Clair St, Indianapolis, IN 46202

Property at 230 E 9th St #502, Indianapolis, IN 46204, 1 bed, 2 baths

$160,000

1 bed2 baths854 sq ft

230 E 9th St #502, Indianapolis, IN 46204

Property at 355 E Ohio St E #206, Indianapolis, IN 46204, 2 beds, 2 baths

$335,900

2 beds2 baths1,255 sq ft

355 E Ohio St E #206, Indianapolis, IN 46204

Property at 108 E Saint Clair St Unit E, Indianapolis, IN 46204, 2 beds, 1 bath

$200,000

2 beds1 bath797 sq ft

108 E Saint Clair St Unit E, Indianapolis, IN 46204

Property at 225 N New Jersey St #46, Indianapolis, IN 46204, 2 beds, 2 baths

$419,000

2 beds2 baths1,977 sq ft

225 N New Jersey St #46, Indianapolis, IN 46204

Property at 877 N East St Unit 401-A, Indianapolis, IN 46202, 1 bed, 1 bath

$412,000

1 bed1 bath949 sq ft

877 N East St Unit 401-A, Indianapolis, IN 46202

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Based on information submitted to the MLS GRID as of Sat Dec 20 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.

Cheap Homes for Sale in Riley

There are currently 29 cheap homes for sale in Riley at a median listing price of $444K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Riley stay on the market for 94 days and receive 1 offers. Popular neighborhoods include Lanikai Beach, West Indianapolis, Downtown Indianapolis, Fountain Square, and Bates-Hendricks. This map is refreshed with the newest listings in Riley every 15 minutes.

In the past month, 5 homes have been sold in Riley. In addition to houses in Riley, there were also 54 condos, 6 townhouses, and 1 multi-family unit for sale in Riley last month. Find your dream home in Riley 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 Riley are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Riley. If you're looking to sell your home in the Riley area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Riley with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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