Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Filters

Price

Price Range

$
  • $0
  • $50,000
  • $100,000
  • $150,000
  • $200,000
  • $250,000
  • $300,000
  • $350,000
  • $400,000
  • $450,000
  • $500,000
  • $550,000
  • $600,000
  • $650,000
  • $700,000
  • $750,000
  • $800,000
  • $850,000
  • $900,000
  • $950,000
  • $1M
  • $1.25M
  • $1.5M
  • $1.75M
  • $2M
  • $2.25M
  • $2.5M
  • $2.75M
  • $3M
  • $4M
  • $5M+
$
  • $0
  • $50,000
  • $100,000
  • $150,000
  • $200,000
  • $250,000
  • $300,000
  • $350,000
  • $400,000
  • $450,000
  • $500,000
  • $550,000
  • $600,000
  • $650,000
  • $700,000
  • $750,000
  • $800,000
  • $850,000
  • $900,000
  • $950,000
  • $1M
  • $1.25M
  • $1.5M
  • $1.75M
  • $2M
  • $2.25M
  • $2.5M
  • $2.75M
  • $3M
  • $4M
  • $5M+
Beds/Baths

Bedrooms

Bathrooms

For Sale

Status

Property Type (6)

Property Type

More

Square Feet

Lot Size

Year Built

Projected Rent

Cash on Cash Return

Monthly Cash Flow

Cap Rate

Copied

46228 Investment Properties for Sale

Browse homes for sale and investment properties in 46228. Refine your search by price, property type, or more.

21 out of 23 properties for sale in 46228

Limited Results Shown

Create a free account, or log in to reveal all property listings and enjoy the complete experience.

Property photo
Pending
MIBOR

$300,000

3 bds | 3 ba | 1,488 sqft | built 1961
4350 Sylvan Rd, Indianapolis, IN 46228
$-329
Cash flow
-5.7%
Cash-on-Cash Return

5.0%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$319,000

3 bds | 2 ba | 1,420 sqft | built 1992
4411 Rotterdam Dr, Indianapolis, IN 46228
$-300
Cash flow
-4.9%
Cash-on-Cash Return

5.2%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$549,900

3 bds | 3 ba | 3,949 sqft | built 1967
3244 Devereaux Dr, Indianapolis, IN 46228
$-948
Cash flow
-9.0%
Cash-on-Cash Return

4.2%
Cap rate
0.5%
Rent to Value Ratio
Property photo
Active
MIBOR

$347,000

4 bds | 3 ba | 3,660 sqft | built 1999
5640 Dapple Ct, Indianapolis, IN 46228
$23
Cash flow
0.3%
Cash-on-Cash Return

6.4%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MIBOR

$685,000

5 bds | 5 ba | 5,851 sqft | built 1989
2308 Galahad Dr, Indianapolis, IN 46228
$-758
Cash flow
-5.8%
Cash-on-Cash Return

5.0%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$379,900

3 bds | 4 ba | 3,528 sqft | built 1996
3714 Turfway Ct, Indianapolis, IN 46228
$-226
Cash flow
-3.1%
Cash-on-Cash Return

5.6%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$325,000

3 bds | 2 ba | 1,921 sqft | built 1984
4428 Edinburgh Pt, Indianapolis, IN 46228
$-895
Cash flow
-14.4%
Cash-on-Cash Return

3.0%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$330,000

4 bds | 3 ba | 1,944 sqft | built 1973
1102 Fox Hill Dr, Indianapolis, IN 46228
$-141
Cash flow
-2.2%
Cash-on-Cash Return

5.8%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$600,000

5 bds | 3 ba | 2,454 sqft | built 1929
4302 Kessler Boulevard North Dr, Indianapolis, IN 46228
$-1,555
Cash flow
-13.5%
Cash-on-Cash Return

3.2%
Cap rate
0.4%
Rent to Value Ratio
Property photo
Pending
MIBOR

$215,000

3 bds | 2 ba | 1,339 sqft | built 1990
3816 Cologne Ct, Indianapolis, IN 46228
$110
Cash flow
2.7%
Cash-on-Cash Return

6.9%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MIBOR

$479,900

5 bds | 5 ba | 3,553 sqft | built 1959
4904 Kessler Boulevard North Dr, Indianapolis, IN 46228
$-305
Cash flow
-3.3%
Cash-on-Cash Return

5.5%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$289,900

4 bds | 3 ba | 2,201 sqft | built 1990
2916 Sunmeadow Way, Indianapolis, IN 46228
$-25
Cash flow
-0.4%
Cash-on-Cash Return

6.2%
Cap rate
0.8%
Rent to Value Ratio
Property photo
Active
MIBOR

$429,000

5 bds | 4 ba | 3,816 sqft | built 1994
4719 Arabian Run, Indianapolis, IN 46228
$-133
Cash flow
-1.6%
Cash-on-Cash Return

5.9%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$480,000

5 bds | 3 ba | 2,844 sqft | built 1970
5506 Kessler Boulevard North Dr, Indianapolis, IN 46228
$-513
Cash flow
-5.6%
Cash-on-Cash Return

5.0%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$390,000

3 bds | 2 ba | 1,759 sqft | built 1956
2120 Wynnedale Rd, Indianapolis, IN 46228
$-248
Cash flow
-3.3%
Cash-on-Cash Return

5.5%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$349,900

4 bds | 3 ba | 2,367 sqft | built 1958
4839 Alameda Rd, Indianapolis, IN 46228
$-38
Cash flow
-0.6%
Cash-on-Cash Return

6.2%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$199,900

3 bds | 3 ba | 2,156 sqft | built 1971
2263 Rome Dr, Indianapolis, IN 46228
$-244
Cash flow
-6.4%
Cash-on-Cash Return

4.8%
Cap rate
0.9%
Rent to Value Ratio
Property photo
Pending
MIBOR

$325,000

4 bds | 3 ba | 2,025 sqft | built 1966
5982 Melbourne Rd, Indianapolis, IN 46228
$-184
Cash flow
-3.0%
Cash-on-Cash Return

5.6%
Cap rate
0.7%
Rent to Value Ratio
Property photo
Active
MIBOR

$589,900

5 bds | 4 ba | 3,925 sqft | built 1980
98 Highland Manor Ct S, Indianapolis, IN 46228
$-605
Cash flow
-5.4%
Cash-on-Cash Return

5.1%
Cap rate
0.6%
Rent to Value Ratio
Property photo
Active
MIBOR

$200,000

1 bds | 0 ba | 1,204 sqft | built 1945
4566 Melbourne Rd, Indianapolis, IN 46228
$126
Cash flow
3.3%
Cash-on-Cash Return

7.0%
Cap rate
0.9%
Rent to Value Ratio
Property photo
Active
MIBOR

$362,000

3 bds | 3 ba | 2,414 sqft | built 1996
5014 Melbourne Rd, Indianapolis, IN 46228
$-171
Cash flow
-2.5%
Cash-on-Cash Return

5.7%
Cap rate
0.7%
Rent to Value Ratio