Cheap homes for sale & real estate in 46209, IN

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ABOUT THIS HOME
Cheap Home for sale in 46209, IN:
Bates Hendricks single family home with recent renovations completed. Great addition to your rental portfolio in a high value gentrifying area. Home has two additional rooms upstairs in the converted attic space. With a little more work to finalize, this could be a nice asset in a strong rental market.

$117,400

2 beds1 bath1,845 sq ft

724 E Beecher St, Indianapolis, IN 46203

Strong rental market • 3,659 sq ft lot • Garage

ABOUT THIS HOME
Cheap Home for sale in 46209, IN:
Two lots. 2175 S Meridian is vacant lot on northeast corner of Meridian and Raymond St. 2165 S Meridian is home on lot to north. Both lots are similar in size approximately 32X117 & 32X117. Tenant occupied. Fix me up inside and out. Approximately 1800 sq ft 1 1/2Story 1000 sq main 800sq up total sq ft approximately 1800. Zone Commercial C3. Credit Union will probably finance maybe seller with large downpayment. Just pay cash because financing through bank will be difficult due to condition and commercial zoning. Seller will consider financing with 50% down. No FHA no VA. Not all lenders will finance. Used as residential last several years. Ten-foot ceilings main level. Good floorplan.

$109,900

3 beds1 bath2,648 sq ft

2165 S Meridian St S, Indianapolis, IN 46225

Many windows • Two lots • Vacant lot

ABOUT THIS HOME
Cheap Home for sale in 46209, IN:
This charming 2-bedroom bungalow is is ready for your updates! The open-concept dining room flows seamlessly into the living room, creating an ideal space for entertaining. The kitchen is equipped with modern stainless steel appliances, perfect for cooking and meal prep. Enjoy outdoor relaxation or host gatherings in the spacious, fenced backyard. The property also features a large two-car garage for added convenience. Plus, with newer Central AC, you can stay cool and comfortable year-round. Set up a showing today!

$105,000

2 beds1 bath1,082 sq ft

2335 Union St, Indianapolis, IN 46225

Newer central ac • 5,097 sq ft lot • 2 garage spots

ABOUT THIS HOME
Cheap Home for sale in 46209, IN:
Perfect Investment Opportunity! 2-unit duplex close to downtown, shopping, and easy interstate access. Being sold as-is, features two units. Each unit has 1 bedroom, 1 bath, living room, and dining room. Both units have separate utility meters. Whether you are looking to live in one side of the duplex and rent out the other, this is the perfect property for you!

$124,900

— beds3222 baths1,830,096 sq ft

1610 Hoefgen St, Indianapolis, IN 46203

5,184 sq ft lot • Built 1925 • Listed 310 days

ABOUT THIS HOME
Cheap Home for sale in 46209, IN:
Completely updated home near Gardfield Park on Indy's Southside! No details were missed in this remodel including new HVAC and water heater. This move-in-ready home features new vinyl plank floors, kitchen cabinets, countertops, and appliances. Great curb appeal with fresh exterior paint, and siding. Within minutes to downtown amenities, interstates, shopping, schools, and much more. Schedule your showing today!

$179,000

2 beds2 baths1,244 sq ft

1127 E Kelly St, Indianapolis, IN 46203

New hvac • New water heater • New kitchen cabinets

Property at 604 Lincoln St, Indianapolis, IN 46203, 2 beds, 1 bath

$129,900

2 beds1 bath1,456 sq ft

604 Lincoln St, Indianapolis, IN 46203

Property at 907 S East St, Indianapolis, IN 46225, 2 beds, 1 bath

$250,000

2 beds1 bath2,012 sq ft

907 S East St, Indianapolis, IN 46225

Property at 1666 Union St, Indianapolis, IN 46225, 3 beds, 2 baths

$274,900

3 beds2 baths2,157 sq ft

1666 Union St, Indianapolis, IN 46225

Property at 1417 S Meridian St, Indianapolis, IN 46225

$49,000

— beds— baths— sq ft

1417 S Meridian St, Indianapolis, IN 46225

Property at 828 Shelby St, Indianapolis, IN 46203

$265,000

— beds— baths— sq ft

828 Shelby St, Indianapolis, IN 46203

Property at 1615 E Minnesota St, Indianapolis, IN 46203

$39,000

— beds— baths— sq ft

1615 E Minnesota St, Indianapolis, IN 46203

Property at 610 Prospect St, Indianapolis, IN 46203

$74,900

— beds— baths— sq ft

610 Prospect St, Indianapolis, IN 46203

Property at 1722 S Delaware St, Indianapolis, IN 46225

$35,000

— beds— baths— sq ft

1722 S Delaware St, Indianapolis, IN 46225

Property at 225 Iowa St, Indianapolis, IN 46225

$44,900

— beds— baths— sq ft

225 Iowa St, Indianapolis, IN 46225

Property at 233 Iowa St, Indianapolis, IN 46225

$38,500

— beds— baths— sq ft

233 Iowa St, Indianapolis, IN 46225

Property at 229 Iowa St, Indianapolis, IN 46225

$38,500

— beds— baths— sq ft

229 Iowa St, Indianapolis, IN 46225

Property at 1033 Hosbrook St, Indianapolis, IN 46203

$350,000

— beds— baths— sq ft

1033 Hosbrook St, Indianapolis, IN 46203

Property at 965 Elm St, Indianapolis, IN 46203

$170,000

— beds— baths— sq ft

965 Elm St, Indianapolis, IN 46203

Property at 1733 Shelby St, Indianapolis, IN 46203

$105,000

— beds— baths— sq ft

1733 Shelby St, Indianapolis, IN 46203

Property at 1729 Shelby St, Indianapolis, IN 46203

$99,000

— beds— baths— sq ft

1729 Shelby St, Indianapolis, IN 46203

Property at 239 E Caven St, Indianapolis, IN 46225

$24,900

— beds— baths— sq ft

239 E Caven St, Indianapolis, IN 46225

Property at 235 E Caven St, Indianapolis, IN 46225

$24,900

— beds— baths— sq ft

235 E Caven St, Indianapolis, IN 46225

Property at 312 W Morris St, Indianapolis, IN 46225

$440,000

— beds— baths— sq ft

312 W Morris St, Indianapolis, IN 46225

Property at 1305 Hartford St, Indianapolis, IN 46203

$275,000

— beds— baths— sq ft

1305 Hartford St, Indianapolis, IN 46203

Property at 1622 Draper St, Indianapolis, IN 46203

$45,000

— beds— baths— sq ft

1622 Draper St, Indianapolis, IN 46203

Property at 1806 S East St, Indianapolis, IN 46225

$45,000

— beds— baths— sq ft

1806 S East St, Indianapolis, IN 46225

Property at 1540 Ringgold Ave, Indianapolis, IN 46203

$50,000

— beds— baths— sq ft

1540 Ringgold Ave, Indianapolis, IN 46203

Property at 1544 Ringgold Ave, Indianapolis, IN 46203

$50,000

— beds— baths— sq ft

1544 Ringgold Ave, Indianapolis, IN 46203

Property at 931 S East St, Indianapolis, IN 46225

$400,000

— beds— baths— sq ft

931 S East St, Indianapolis, IN 46225

Property at 49 E Arizona St E, Indianapolis, IN 46225

$29,900

— beds— baths— sq ft

49 E Arizona St E, Indianapolis, IN 46225

Property at 1814 Shelby St, Indianapolis, IN 46203

$40,000

— beds— baths— sq ft

1814 Shelby St, Indianapolis, IN 46203

Property at 2325 S Meridian St, Indianapolis, IN 46225

$60,000

— beds— baths— sq ft

2325 S Meridian St, Indianapolis, IN 46225

Property at 116 E Raymond St, Indianapolis, IN 46225

$60,000

— beds— baths— sq ft

116 E Raymond St, Indianapolis, IN 46225

Property at 2217 Union St, Indianapolis, IN 46225

$60,000

— beds— baths— sq ft

2217 Union St, Indianapolis, IN 46225

Property at 1319 Prospect St, Indianapolis, IN 46203

$250,000

— beds— baths— sq ft

1319 Prospect St, Indianapolis, IN 46203

Property at 1867 New St, Indianapolis, IN 46203

$60,000

— beds— baths— sq ft

1867 New St, Indianapolis, IN 46203

Property at 14 E Caven St, Indianapolis, IN 46225

$60,000

— beds— baths— sq ft

14 E Caven St, Indianapolis, IN 46225

Property at 139 Hoefgen St, Indianapolis, IN 46225

$55,000

— beds— baths— sq ft

139 Hoefgen St, Indianapolis, IN 46225

Property at 1830 Shelby St, Indianapolis, IN 46203

$34,000

— beds— baths— sq ft

1830 Shelby St, Indianapolis, IN 46203

Property at 909 Wright St, Indianapolis, IN 46203

$49,900

— beds— baths— sq ft

909 Wright St, Indianapolis, IN 46203

Property at 1915 Madison Ave, Indianapolis, IN 46225

$5,000

— beds— baths— sq ft

1915 Madison Ave, Indianapolis, IN 46225

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Based on information submitted to the MLS GRID as of Fri Nov 28 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 46209

There are currently 212 cheap homes for sale in 46209. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. This map is refreshed with the newest listings in 46209 every 15 minutes.

Find your dream home in 46209 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 46209 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 46209. If you're looking to sell your home in the 46209 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 46209 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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