Cheap homes for sale & real estate in Near Eastside, IN

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NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Near Eastside, IN:
Breathtaking newly completed home by the one and only, Tikal Homes; with over 20 years of home building experience, their quality is second to none. Light filled open layout welcomes you home from the living room to the dining room to the expansive kitchen, which sparkles with the white quartz countertops and dazzling blue backsplash. New stainless steel appliances still to be installed and chosen by you. The primary suite is most notably beautiful in the primary bath where exquisite bespoke tile was hand laid in the glass enclosed shower across from the double vanity. Two other large bedrooms and another full bath grace the upstairs, complete with an enclosed laundry space for quick access

$385,000

3 beds2.5 baths1,680 sq ft

430 N Keystone Ave, Indianapolis, IN 46201

Bespoke tile • Double vanity • Blue backsplash

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in Near Eastside, IN:
A spectacular 3 bed, 2 full bath new construction townhouse in the popular Rivoli Park neighborhood on Indy's Near-Eastside. Located minutes from Mass Avenue, Bottleworks District, Kan-Kan Cinema & Brasserie, Mayfair Taproom, Tick Tock Lounge, Centerpoint Brewing, 8th Day Distillery, Shin Dig Restaurant, Side Door Bagel, Sam's Square Pie and everything downtown Indy has to offer. 4 of 4 available townhomes. Income restrictions apply.

$179,900

3 beds2 baths1,200 sq ft

924 N Oakland Ave, Indianapolis, IN 46201

Mass avenue • Bottleworks district • Kan-kan cinema

ABOUT THIS HOME
Cheap Home for sale in Near Eastside, IN:
Seller is offering a contribution toward a 2-1 interest rate buydown (subject to lender approval). Contact your lender or agent for details. This beautifully renovated 3-bedroom, 1.5-bathroom townhome is move-in ready and just minutes from downtown Indianapolis. Nestled among other revitalized homes, this property boasts brand-new HVAC system, flooring, water heater, electrical, and plumbing. An added bonus: 19 Parkview, the neighboring unit, is also for sale! This rare opportunity allows you to purchase both homes-perfect for extended family, friends, or investment potential. Don't miss out on this incredible home in a thriving, vibrant neighborhood! Back on the market-buyer unable to perf

$165,000

3 beds1.5 baths2,370 sq ft

17 Parkview Ave, Indianapolis, IN 46201

New flooring • New water heater • Renovated townhome

ABOUT THIS HOME
Cheap Home for sale in Near Eastside, IN:
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

ABOUT THIS HOME
Cheap Home for sale in Near Eastside, IN:
Now is your opportunity to purchase a turnkey property so proximal to downtown Indianapolis. This freshly renovated townhome is ready to become part of your portfolio just outside Woodruff Place.

$159,900

3 beds1 bath1,944 sq ft

420 Eastern Ave, Indianapolis, IN 46201

Turnkey property • Proximal to downtown • Freshly renovated

Property at 618 N Gladstone Ave, Indianapolis, IN 46201, 4 beds, 2 baths

$235,000

4 beds2 baths1,645 sq ft

618 N Gladstone Ave, Indianapolis, IN 46201

Property at 206 N Hamilton Ave, Indianapolis, IN 46201, 3 beds, 2.5 baths

$379,900

3 beds2.5 baths1,680 sq ft

206 N Hamilton Ave, Indianapolis, IN 46201

Property at 859 N Oakland Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$179,900

3 beds2 baths1,200 sq ft

859 N Oakland Ave, Indianapolis, IN 46201

Property at 922 N Oakland Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$179,900

3 beds2 baths1,200 sq ft

922 N Oakland Ave, Indianapolis, IN 46201

Property at 2009 Massachusetts Ave, Indianapolis, IN 46218

$2,500

— beds— baths— sq ft

2009 Massachusetts Ave, Indianapolis, IN 46218

Property at 443 N Beville Ave, Indianapolis, IN 46201

$120,000

— beds— baths— sq ft

443 N Beville Ave, Indianapolis, IN 46201

Property at 421 N Beville Ave, Indianapolis, IN 46201

$60,000

— beds— baths— sq ft

421 N Beville Ave, Indianapolis, IN 46201

Property at 605 N Gray St, Indianapolis, IN 46201

$32,500

— beds— baths— sq ft

605 N Gray St, Indianapolis, IN 46201

Property at 405 Jefferson Ave, Indianapolis, IN 46201

$50,000

— beds— baths— sq ft

405 Jefferson Ave, Indianapolis, IN 46201

Property at 2045 E Michigan St, Indianapolis, IN 46201

$97,500

— beds— baths— sq ft

2045 E Michigan St, Indianapolis, IN 46201

Property at 647 Jefferson Ave, Indianapolis, IN 46201

$69,000

— beds— baths— sq ft

647 Jefferson Ave, 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

Property at 1727 N Gladstone Ave, Indianapolis, IN 46218

$50,000

— beds— baths— sq ft

1727 N Gladstone Ave, Indianapolis, IN 46218

Property at 825 N Oxford St, Indianapolis, IN 46201

$40,000

— beds— baths— sq ft

825 N Oxford St, Indianapolis, IN 46201

Property at 945 N Lasalle St, Indianapolis, IN 46201

$40,000

— beds— baths— sq ft

945 N Lasalle St, Indianapolis, IN 46201

Property at 3115 E Michigan St, Indianapolis, IN 46201

$46,101

— beds— baths— sq ft

3115 E Michigan St, Indianapolis, IN 46201

Property at 1943 Dequincy St, Indianapolis, IN 46218

$20,000

— beds— baths— sq ft

1943 Dequincy St, Indianapolis, IN 46218

Property at 2002 E Washington St, Indianapolis, IN 46201

$95,000

— beds— baths— sq ft

2002 E Washington St, Indianapolis, IN 46201

Property at 3830 E 11th St, Indianapolis, IN 46201

$33,000

— beds— baths— sq ft

3830 E 11th St, Indianapolis, IN 46201

Property at 1319 N Tuxedo St, Indianapolis, IN 46201

$35,000

— beds— baths— sq ft

1319 N Tuxedo St, Indianapolis, IN 46201

Property at 412 N Rural St, Indianapolis, IN 46201

$32,500

— beds— baths— sq ft

412 N Rural St, Indianapolis, IN 46201

Property at 2225 E Brookside Ave, Indianapolis, IN 46218

$60,000

— beds— baths— sq ft

2225 E Brookside Ave, Indianapolis, IN 46218

Property at 2227 Brookside Ave, Indianapolis, IN 46218

$65,000

— beds— baths— sq ft

2227 Brookside Ave, Indianapolis, IN 46218

Property at 49 N Beville Ave, Indianapolis, IN 46201

$55,000

— beds— baths— sq ft

49 N Beville Ave, Indianapolis, IN 46201

Property at 543 Jefferson Ave, Indianapolis, IN 46201

$80,000

— beds— baths— sq ft

543 Jefferson Ave, Indianapolis, IN 46201

Property at 14 Jefferson Ave, Indianapolis, IN 46201

$72,900

— beds— baths— sq ft

14 Jefferson Ave, Indianapolis, IN 46201

Property at 326 N Bradley Ave, Indianapolis, IN 46201

$20,000

— beds— baths— sq ft

326 N Bradley Ave, Indianapolis, IN 46201

Property at 1121 N Tacoma Ave, Indianapolis, IN 46201

$99,000

— beds— baths— sq ft

1121 N Tacoma Ave, Indianapolis, IN 46201

Property at 2646 E Brookside Ave, Indianapolis, IN 46218

$50,000

— beds— baths— sq ft

2646 E Brookside Ave, Indianapolis, IN 46218

Property at 431 N Tacoma Ave, Indianapolis, IN 46201

$60,000

— beds— baths— sq ft

431 N Tacoma Ave, Indianapolis, IN 46201

Property at 4412 E 10th St, Indianapolis, IN 46201

$55,000

— beds— baths— sq ft

4412 E 10th St, Indianapolis, IN 46201

Property at 112 N Denny St, Indianapolis, IN 46201

$65,000

— beds— baths— sq ft

112 N Denny St, Indianapolis, IN 46201

Property at 67 S Dearborn St, Indianapolis, IN 46201

$40,000

— beds— baths— sq ft

67 S Dearborn St, Indianapolis, IN 46201

Property at 518 N Oakland Ave, Indianapolis, IN 46201

$39,900

— beds— baths— sq ft

518 N Oakland Ave, Indianapolis, IN 46201

Property at 530 N Dearborn St, Indianapolis, IN 46201

$42,900

— beds— baths— sq ft

530 N Dearborn St, Indianapolis, IN 46201

Property at 631 N Beville Ave, Indianapolis, IN 46201

$80,000

— beds— baths— sq ft

631 N Beville Ave, Indianapolis, IN 46201

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Based on information submitted to the MLS GRID as of Sat Dec 06 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 Near Eastside

There are currently 263 cheap homes for sale in Near Eastside at a median listing price of $190K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Near Eastside stay on the market for 82 days and receive 1 offers. Popular neighborhoods include Lanikai Beach, Downtown Indianapolis, Fountain Square, Bates-Hendricks, and Irvington. This map is refreshed with the newest listings in Near Eastside every 15 minutes.

In the past month, 43 homes have been sold in Near Eastside. In addition to houses in Near Eastside, there were also 4 condos, 13 townhouses, and 61 multi-family units for sale in Near Eastside last month. Near Eastside is a moderately walkable neighborhood in Indianapolis with a Walk Score of 52. Near Eastside is home to approximately 29,514 people and 5,660 jobs. Find your dream home in Near Eastside 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 Near Eastside are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Near Eastside. If you're looking to sell your home in the Near Eastside area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Near Eastside with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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