Cheap homes for sale & real estate in 46201, IN

302 homes

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NEW 9 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
Investors and house hackers-don't miss this opportunity in the revitalizing Brookside Park neighborhood! Located at 1315 N Rural St, this vacant duplex sits just steps from beautiful Brookside Park, offering direct access to playgrounds, trails, and a peaceful creek. The location is ideal for strong rental demand: less than 5 minutes to downtown Indy, minutes to major freeways, and within 10 minutes of five hospitals-perfect for both long-term tenants and furnished mid-term rentals. Each unit features 1 bedroom, 1 bathroom, and 696 sq ft, plus a full unfinished basement for storage or expansion potential. The layouts feel private, with entrances on separate sides. One unit is in solid shape

$82,000

1 bed2 baths1,392 sq ft

1315 N Rural St, Indianapolis, IN 46201

Access to trails • Access to creek • 6,098 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
Full brick two-story home with great potential and plenty of character. This property offers a welcoming front view overlooking Christian Park, perfect for enjoying peaceful mornings or relaxing evenings. The primary bedroom features a spacious closet, and the detached two-car garage includes a loft area providing additional storage space. With a little TLC, this home can truly shine. Mechanicals have been updated, with the HVAC system and water heater both under 10 years old. Priced to reflect updates needed-an excellent opportunity to add value in a desirable location.

$100,000

3 beds1.5 baths1,550 sq ft

416 S Denny St, Indianapolis, IN 46201

7,362 sq ft lot • 2 garage spots • Built 1946

NEW 31 HRS AGO

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
Significant fire has damaged this subject property. This is a likely tear down and is priced for future development. Do not enter the structure. This property is recorded as Condominiums Unit A & B with no known association.

$15,000

2 beds1.5 baths1,253 sq ft

4122 E Washington St, Indianapolis, IN 46201

Garage • Built 1910

NEW 1 DAY AGO

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
Great Investment Opportunity in Tuxedo Park!Don't miss this 1,910 sq. ft. gutted property ready for renovation. Featuring 3 bedrooms and 1 full bathroom, this home offers a solid layout and strong fundamentals for your next project. Recent updates include a new roof installed in 2024 and approximately 70% of the windows updated, providing a strong start for your rehab plans. Located in the desirable Tuxedo Park neighborhood, this property is close to parks, shopping, dining, and major transit routes-supporting both strong resale potential and long-term rental demand. Property is sold as-is. No wholesale offers, contract assignments, or sight-unseen offers will be considered.

$97,500

3 beds1 bath2,802 sq ft

4314 E New York St, Indianapolis, IN 46201

Close to parks • Gutted property • Updated windows

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
Excellent rehab opportunity in a great location. Bring your ideas and redesign this property to its true potential. This neighborhood, located between Holy Cross and Twin Aire, has experienced an incredible transformation. Walking distance to Willard Park, featuring 10 acres of green space, playground equipment, a community pool and skatepark. The property is occupied, but not all utilities are connected. Group showings will be scheduled. Call list agent for showings. Post closing possession of at least 30 days will be needed. Property being sold As-Is. Owner cannot make any repairs.

$80,000

3 beds1 bath1,172 sq ft

158 Harlan St, Indianapolis, IN 46201

Community pool • Skatepark • 3,877 sq ft lot

Property at 3601 Brookside Parkway South Dr, Indianapolis, IN 46201, 2 beds, 1 bath

$149,900

2 beds1 bath2,050 sq ft

3601 Brookside Parkway South Dr, Indianapolis, IN 46201

Property at 524 N Bradley Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$170,000

2 beds1 bath1,416 sq ft

524 N Bradley Ave, Indianapolis, IN 46201

Property at 41 S Tuxedo St, Indianapolis, IN 46201, 1 bed, 4 baths

$60,000

1 bed4 baths2,000 sq ft

41 S Tuxedo St, Indianapolis, IN 46201

Property at 621 N Grant Ave, Indianapolis, IN 46201, 2 beds, 1.5 baths

$65,000

2 beds1.5 baths1,964 sq ft

621 N Grant Ave, Indianapolis, IN 46201

Property at 1419 N Linwood Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$210,000

3 beds2 baths2,288 sq ft

1419 N Linwood Ave, Indianapolis, IN 46201

Property at 47 S Lasalle St, Indianapolis, IN 46201, 5 beds, 4 baths

$342,500

5 beds4 baths1,660 sq ft

47 S Lasalle St, Indianapolis, IN 46201

Property at 46 Jefferson Ave, Indianapolis, IN 46201, 1 bed, 1 bath

$84,900

1 bed1 bath756 sq ft

46 Jefferson Ave, Indianapolis, IN 46201

Property at 402 N Bradley Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$125,000

2 beds1 bath1,800 sq ft

402 N Bradley Ave, Indianapolis, IN 46201

Property at 4915 E 14th St, Indianapolis, IN 46201, 3 beds, 1 bath

$185,000

3 beds1 bath2,064 sq ft

4915 E 14th St, Indianapolis, IN 46201

Property at 1829 Marlowe Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$200,000

3 beds2 baths1,190 sq ft

1829 Marlowe Ave, Indianapolis, IN 46201

Property at 246 N Randolph St, Indianapolis, IN 46201, 3 beds, 2 baths

$200,000

3 beds2 baths1,284 sq ft

246 N Randolph St, Indianapolis, IN 46201

Property at 133 S Gladstone Ave, Indianapolis, IN 46201, 3 beds, 2.5 baths

$250,000

3 beds2.5 baths2,409 sq ft

133 S Gladstone Ave, Indianapolis, IN 46201

Property at 3411 Brookside Pkwy Dr S, Indianapolis, IN 46201, 2 beds, 4 baths

$290,000

2 beds4 baths2,188 sq ft

3411 Brookside Pkwy Dr S, Indianapolis, IN 46201

Property at 241 Eastern Ave, Indianapolis, IN 46201, 4 beds, 4 baths

$205,000

4 beds4 baths3,562 sq ft

241 Eastern Ave, Indianapolis, IN 46201

Property at 425 N Arsenal Ave, Indianapolis, IN 46201, 3 beds, 1.5 baths

$310,000

3 beds1.5 baths2,886 sq ft

425 N Arsenal Ave, Indianapolis, IN 46201

Property at 404 N Grant Ave, Indianapolis, IN 46201, 4 beds, 1 bath

$115,000

4 beds1 bath1,644 sq ft

404 N Grant Ave, Indianapolis, IN 46201

Property at 3025 E Michigan St, Indianapolis, IN 46201, 3 beds, 1 bath

$194,000

3 beds1 bath— sq ft

3025 E Michigan St, Indianapolis, IN 46201

Property at 410 S Hamilton Ave, Indianapolis, IN 46201, 4 beds, 3 baths

$290,000

4 beds3 baths1,958 sq ft

410 S Hamilton Ave, Indianapolis, IN 46201

Property at 1629 E Michigan St, Indianapolis, IN 46201

$249,900

— beds— baths— sq ft

1629 E Michigan St, Indianapolis, IN 46201

Property at 1424 Wallace Ave, Indianapolis, IN 46201, 3 beds, 1 bath

$222,000

3 beds1 bath1,967 sq ft

1424 Wallace Ave, Indianapolis, IN 46201

Property at 2526 English Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$149,000

2 beds1 bath912 sq ft

2526 English Ave, Indianapolis, IN 46201

Property at 964 Tecumseh St, Indianapolis, IN 46201, 3 beds, 1.5 baths

$279,900

3 beds1.5 baths2,268 sq ft

964 Tecumseh St, Indianapolis, IN 46201

Property at 1043 N Beville Ave, Indianapolis, IN 46201, 3 beds, 2.5 baths

$349,999

3 beds2.5 baths2,130 sq ft

1043 N Beville Ave, Indianapolis, IN 46201

Property at 802 N Linwood Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$74,900

2 beds1 bath1,736 sq ft

802 N Linwood Ave, Indianapolis, IN 46201

Property at 237 N Keystone Ave, Indianapolis, IN 46201, 3 beds, 1 bath

$89,900

3 beds1 bath1,970 sq ft

237 N Keystone Ave, Indianapolis, IN 46201

Property at 1425 Shannon Ave, Indianapolis, IN 46201, 4 beds, 2 baths

$250,000

4 beds2 baths2,880 sq ft

1425 Shannon Ave, Indianapolis, IN 46201

Property at 267 S Grant Ave, Indianapolis, IN 46201, 3 beds, 1.5 baths

$150,000

3 beds1.5 baths2,100 sq ft

267 S Grant Ave, Indianapolis, IN 46201

Property at 1114 N Olney St, Indianapolis, IN 46201, 4 beds, 2 baths

$225,000

4 beds2 baths1,453 sq ft

1114 N Olney St, Indianapolis, IN 46201

Property at 318 N Tacoma Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$299,900

3 beds2 baths1,555 sq ft

318 N Tacoma Ave, Indianapolis, IN 46201

Property at 622 N Hamilton Ave, Indianapolis, IN 46201, 3 beds, 3.5 baths

$439,900

3 beds3.5 baths2,717 sq ft

622 N Hamilton Ave, Indianapolis, IN 46201

Property at 429 N Oakland Ave, Indianapolis, IN 46201, 6 beds, 3 baths

$240,000

6 beds3 baths3,696 sq ft

429 N Oakland Ave, Indianapolis, IN 46201

Property at 1506 English Ave, Indianapolis, IN 46201, 4 beds, 3 baths

$250,000

4 beds3 baths2,959 sq ft

1506 English Ave, Indianapolis, IN 46201

Property at 48 Bankers Ln, Indianapolis, IN 46201, 2 beds, 1 bath

$199,500

2 beds1 bath1,950 sq ft

48 Bankers Ln, Indianapolis, IN 46201

Property at 325 Harlan St, Indianapolis, IN 46201, 3 beds, 1 bath

$115,000

3 beds1 bath3,072 sq ft

325 Harlan St, Indianapolis, IN 46201

Property at 333 N Chester Ave, Indianapolis, IN 46201, 4 beds, 3 baths

$135,000

4 beds3 baths3,950 sq ft

333 N Chester Ave, Indianapolis, IN 46201

Property at 401 S Randolph St, Indianapolis, IN 46201, 4 beds, 4 baths

$194,000

4 beds4 baths3,808 sq ft

401 S Randolph St, Indianapolis, IN 46201

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Based on information submitted to the MLS GRID as of Thu Nov 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.

Cheap Homes for Sale in 46201

There are currently 302 cheap homes for sale in 46201 at a median listing price of $200K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 46201 stay on the market for 74 days and receive 1 offers. This map is refreshed with the newest listings in 46201 every 15 minutes.

In the past month, 56 homes have been sold in 46201. In addition to houses in 46201, there were also 4 condos, 12 townhouses, and 76 multi-family units for sale in 46201 last month. 46201 is a moderately walkable zip code in Marion County with a Walk Score of 53. 46201 is home to approximately 31,018 people and 5,708 jobs. Find your dream home in 46201 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 46201 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 46201. If you're looking to sell your home in the 46201 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 46201 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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