If you opened for the deals, both on or off-market, keep scrolling down!
The market is quietly working to the advantage of those noticing.
I just closed on a cash out refinance on 2 investment properties, dropping my rate from 7.25% to 6.5% opening up some more cash flow.
We are seeing a market in which certain pockets — Bates-Hendricks, Fountain Square, Near Eastside — sightly favor buyers. Where others — Brownsburg, Broad Ripple, Noblesville — favor sellers.
This Spring: Boomers are starting to downsize, which is opening up key inventory in tight pockets.
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Keystone’s Fashion Mall Is Getting a Major Upgrade
The former Saks Fifth Avenue space at The Fashion Mall is being reimagined into a more modern lifestyle-retail wing — and the first announced tenants give a pretty clear signal of where premier retail is headed.
The new lineup includes Arhaus, Design Within Reach, 7th Avenue, North Italia, and Kitchen Social, with openings expected in phases around late 2027.
My read: this is a bullish sign for the Keystone corridor. Simon isn’t just trying to replace a department store — they’re creating a more experiential, restaurant-driven, streetscape-style destination. That matters because the strongest retail nodes are still attracting capital, tenants, and foot traffic, even as weaker malls continue to struggle.
For Indy investors, Keystone continues to prove that location quality matters. Premium submarkets with strong incomes, good access, and destination amenities are still separating themselves from the pack.
This Week’s Deal Picks
Hand-picked deals either on the market, coming soon, or off-market in Indianapolis!
House Hack on Indy’s NW-Side
Asking $315,0000
3 bed, 1 bath side & 2 bed, 1 bath side
Market Rents $1200-1600
Why I Like This Deal → Sitting just outside Saddlebrook Golf Club, it’s not often you find an affordable, turnkey house hack-able duplex. With a mortgage around $2000 / month you can offset the majority through a renter. Or buy this is a consistent performer buy & hold. The exterior isn’t my favorite so I’d plan to invest 10-15K in the externals (landscaping, paint, etc).
6 Unit Building Mapleton
6 Units, Condo units w/ 2 bedrooms & ~909 Sqft.
Asking $905,000
Why I Like This Deal → With full occupancy at $1300-1350 / unit, this property can actually cash flow from day one. Tenants pay all utilities & it includes gated parking. This is a stabilized class B to B- asset, with an area in transition. New operator needs to meticulously review owner expenses to be expected & policy with these being individual condos.
Best Value on the Market Home? In Avondale.
Asking $189,900
3 bed, 1 bath, fully renovated craftsman style
Market rents $1500-1600
Why I Like This Deal → It’s not often to see a home priced truly under market value, but here it is. This property has been meticulously renovated while preserving original craftsman spirit. Rental, cheap home, MTR? Options are pretty endless at this price point.
Off-Market Duplex with House Hack or Value-Add Potential
1119-1117 Dearborn Ave
One side is rented for $1400, other side vacant (open to renovate or house hack)
Asking $259,900
Why I Like This Deal → This is a duplex in the line of development (Springdale) with a reasonable price, there is potential for value-add especially w/ kitchen upgrades. It’s rentable / house-hackable now, but with opportunity to push the value upwards.
Pre-List Broad Ripple Charmer — first or move-up home!
616 E 66th St. | Warfleigh Neighborhood
3 bed, 2 bath with partially finished basement, large fenced in back yard
Asking $350,000 (tentatively)
Going to market early June, see it before the rest of the MLS does!
Single Family Rental near Newly Renovated Washington Park
2 bedrooms, 1 bath
Asking $109,900
Market Rents: $1100-1200
Why I Like This Deal → This is incredible value at a fire sale price. With new LVP, kitchen & bathroom finishes, this is strong value for a tenant / owner at a super achievable price. Last rented at $1200. The area is class C.
We help sellers sell with maximum exposure both on & off-market.
If you have an off-market deal you want featured to our 3000+ email list please respond: [email protected].
If you just want more info on where the market is at and what you’re property could sell for reach out.
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