Cheap homes for sale & real estate in 46201, IN

301 homes

Sort:

Recommended

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
INVESTORS! Check out this amazing duplex close to downtown and near Holy Cross, Near East Side neighborhood. Each unit features 4 bedrooms, attic flex space, and 3 full baths. The baths and kitchens boast custom tile and stone countertops, and updated lighting. This home underwent an extensive update and all new finishes have been installed. The first floor features luxury vinyl plank flooring, a laundry room, one bedroom, living room and dining room, while the second floor has the second full bathroom, 3 bedrooms with new carpet, and the final flex attic space has ample storage and an additional bathroom. Don't miss your opportunity for this rent ready investment property. Live in one side

$450,000

4 beds6 baths6,216 sq ft

29-31 N State Ave N, Indianapolis, IN 46201

Extra lot • Extensive update • Ample storage

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
* * Investor Rental or flip opportunity * * Located near Southeastern Ave just north of Fountain Square. This 3 bedroom single family home has gone through a partial renovation and needs to be completed to realize profitability. This home would make a great turn-key rental addition to your portfolio once remodeled. In an area where values are rising and inventory is low. Property sold "as is".

$115,000

3 beds1 bath3,072 sq ft

325 Harlan St, Indianapolis, IN 46201

4,487 sq ft lot • Garage • Built 1955

NEW CONSTRUCTION

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
CUSTOM CONTEMPORARY! WOW! Check out this 3 Bed 2 Bath home just minutes to Downtown! save your time for your social life - minimal upkeep here! Watch all the area around you transforming. New curbed and landscaped streets going in, neighbors being renovated! This is the place to be! Vaulted Ceilings that soar over 10 feet in height make this home shine with its perfectly placed large windows - endless natural light fills the open concept main areas highlighting the gourmet-style kitchen, stone countertops, the PERFECT place for low-maintenance entertaining! Looking to run an STR with minimal upkeep inside and out? This is the perfect ticket! New HVAC! All appliances Convey! The ensuite feat

$299,900

3 beds2 baths1,555 sq ft

318 N Tacoma Ave, Indianapolis, IN 46201

Double vanity • Stone countertops • Custom shower

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
This 2-bedroom cottage in Grace Tuxedo Park is full of charm and ready for someone to make it their own. With 1,054 square feet and a classic single-level layout, it offers comfortable living with plenty of potential. Whether you're a first-time buyer or an investor looking for your next project, this home is worth a closer look. Built in 1912 with an aluminum exterior, the property features a spacious living area, functional kitchen, and two well-sized bedrooms. There's no garage, but a concrete pad remains where one once stood-giving you the option to rebuild if desired. Located in an established neighborhood close to parks, local shops, and downtown access, this home is a solid opportuni

$74,900

2 beds1 bath1,736 sq ft

802 N Linwood Ave, Indianapolis, IN 46201

Functional kitchen • Close to parks • Concrete pad

ABOUT THIS HOME
Cheap Home for sale in 46201, IN:
Step into timeless charm and modern convenience at 1417 E Michigan Street - a gorgeously updated 1920 home in the heart of Indianapolis' desirable Holy Cross neighborhood. Featuring 3-4 bedrooms, 3.5 bathrooms, and 2,372 finished sq ft (plus a partially finished basement), this home is as versatile as it is beautiful. The main-level bedroom doubles perfectly as a dedicated home office or guest suite, while the layout lends itself wonderfully to Airbnb or short-term rental income. Inside, you'll love the mix of original character and sleek upgrades. A spacious living room with an electric fireplace, formal dining room, separate family room, and a large updated kitchen create multiple zones f

$435,000

4 beds3.5 baths2,960 sq ft

1417 E Michigan St, Indianapolis, IN 46201

Main-level bedroom • Two back decks • Updated home

Property at 2034 Southeastern Ave, Indianapolis, IN 46201, 2 beds, 2 baths

$165,000

2 beds2 baths1,050 sq ft

2034 Southeastern Ave, Indianapolis, IN 46201

Property at 925 N Chester Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$167,000

2 beds1 bath1,956 sq ft

925 N Chester Ave, Indianapolis, IN 46201

Property at 1606 English Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$350,000

3 beds2 baths1,925 sq ft

1606 English Ave, Indianapolis, IN 46201

Property at 409 Harlan St, Indianapolis, IN 46201, 2 beds, 1 bath

$205,000

2 beds1 bath1,428 sq ft

409 Harlan St, 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 50 S Colorado Ave, Indianapolis, IN 46201, 1 bed, 2 baths

$139,900

1 bed2 baths1,400 sq ft

50 S Colorado Ave, Indianapolis, IN 46201

Property at 1526 N Sherman Dr, Indianapolis, IN 46201, 1 bed, 1 bath

$70,000

1 bed1 bath576 sq ft

1526 N Sherman Dr, Indianapolis, IN 46201

Property at 1530 - 1532 N Sherman Dr, Indianapolis, IN 46201, 3 beds, 3 baths

$120,000

3 beds3 baths2,304 sq ft

1530 - 1532 N Sherman Dr, Indianapolis, IN 46201

Property at 4809 E New York St, Indianapolis, IN 46201, 4 beds, 2 baths

$164,900

4 beds2 baths2,363 sq ft

4809 E New York St, Indianapolis, IN 46201

Property at 4648 Brookville Rd, Indianapolis, IN 46201, 3 beds, 2 baths

$200,000

3 beds2 baths936 sq ft

4648 Brookville Rd, Indianapolis, IN 46201

Property at 36 N Bradley Ave, Indianapolis, IN 46201, 3 beds, 1.5 baths

$210,000

3 beds1.5 baths1,380 sq ft

36 N Bradley 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 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 3780 E Pleasant Run Parkway North Dr, Indianapolis, IN 46201, 3 beds, 1 bath

$150,000

3 beds1 bath1,026 sq ft

3780 E Pleasant Run Parkway North Dr, Indianapolis, IN 46201

Property at 1121 N Newman St, Indianapolis, IN 46201, 4 beds, 1.5 baths

$395,000

4 beds1.5 baths2,454 sq ft

1121 N Newman St, Indianapolis, IN 46201

Property at 210 N Oakland Ave, Indianapolis, IN 46201, 2 beds, 2 baths

$185,000

2 beds2 baths2,012 sq ft

210 N Oakland 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 439 S Oakland Ave, Indianapolis, IN 46201, 4 beds, 1.5 baths

$280,000

4 beds1.5 baths1,909 sq ft

439 S Oakland Ave, Indianapolis, IN 46201

Property at 1712 E Maryland St, Indianapolis, IN 46201, 2 beds, 3 baths

$237,500

2 beds3 baths1,299 sq ft

1712 E Maryland St, Indianapolis, IN 46201

Property at 214 N Forest Ave, Indianapolis, IN 46201, 2 beds, 4 baths

$135,000

2 beds4 baths2,640 sq ft

214 N Forest Ave, Indianapolis, IN 46201

Property at 324 N Linwood Ave, Indianapolis, IN 46201, 10 beds, 3 baths

$200,000

10 beds3 baths3,648 sq ft

324 N Linwood Ave, Indianapolis, IN 46201

Property at 33 N Gray St, Indianapolis, IN 46201, 4 beds, 3 baths

$345,000

4 beds3 baths1,932 sq ft

33 N Gray St, Indianapolis, IN 46201

Property at 115 S Bancroft St, Indianapolis, IN 46201, 3 beds, 2.5 baths

$200,000

3 beds2.5 baths1,793 sq ft

115 S Bancroft St, Indianapolis, IN 46201

Property at 3538 Robson St, Indianapolis, IN 46201, 1 bed, 1 bath

$75,000

1 bed1 bath1,632 sq ft

3538 Robson St, Indianapolis, IN 46201

Property at 509 N Bosart Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$190,000

2 beds1 bath2,050 sq ft

509 N Bosart Ave, Indianapolis, IN 46201

Property at 330 Eastern Ave, Indianapolis, IN 46201, 3 beds, 2 baths

$195,000

3 beds2 baths1,708 sq ft

330 Eastern Ave, Indianapolis, IN 46201

Property at 4609 Brookville Rd, Indianapolis, IN 46201, 2 beds, 1 bath

$150,000

2 beds1 bath1,824 sq ft

4609 Brookville Rd, Indianapolis, IN 46201

Property at 1213 N Denny St, Indianapolis, IN 46201, 2 beds, 1 bath

$162,900

2 beds1 bath1,224 sq ft

1213 N Denny St, Indianapolis, IN 46201

Property at 24 S Euclid Ave, Indianapolis, IN 46201, 6 beds, 3 baths

$139,000

6 beds3 baths2,184 sq ft

24 S Euclid Ave, Indianapolis, IN 46201

Property at 3949 English Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$189,000

2 beds1 bath2,112 sq ft

3949 English Ave, Indianapolis, IN 46201

Property at 809 N Rural St, Indianapolis, IN 46201, 3 beds, 3 baths

$315,000

3 beds3 baths2,159 sq ft

809 N Rural St, Indianapolis, IN 46201

Property at 833-835 N Riley Ave, Indianapolis, IN 46201, 2 beds, 3 baths

$200,000

2 beds3 baths2,700 sq ft

833-835 N Riley Ave, 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 443 N Lasalle St, Indianapolis, IN 46201, 4 beds, 3 baths

$115,000

4 beds3 baths2,268 sq ft

443 N Lasalle St, Indianapolis, IN 46201

Property at 2008 E Maryland St, Indianapolis, IN 46201, 4 beds, 3 baths

$389,000

4 beds3 baths1,892 sq ft

2008 E Maryland St, Indianapolis, IN 46201

Property at 714 N Chester Ave, Indianapolis, IN 46201, 2 beds, 1 bath

$139,900

2 beds1 bath1,688 sq ft

714 N Chester Ave, Indianapolis, IN 46201

Viewing page 2 of 8

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 301 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.

More real estate resources for 46201, IN

Nearby Zip Codes

Cities

Nearby Zip Codes with Cheap Homes

Nearby Cities with Cheap Homes

More to explore in 46201, IN

How to buy a house in 46201, IN

How much house can I afford?

How to buy a house in 10 steps

First-time homebuyer's guide

See more home buying guides

Popular Markets in Indiana

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Why Redfin?

Community Impact

Diversity & Inclusion

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.