Where to invest in Indianapolis (neighborhoods) around the 150-200k$ ?

[Feodor Klitsuk]

Hi there, 
Can you help me out with some recommendations for indy' neighborhoods around the 150-200k? 
All I find is recos for the surrounding suburbs.

Mostly for Brrrr's but flips will be ok too.

Thanks

Feo

[Kyle Hoffman]

There are lot of decent B/C neighborhoods near the downtown metro area. BRRRs may be a bit harder to find right now. Not sure if you've thought about MTR rentals, but Indy's economic growth and affordability has the potential to bring in traveling nurses and other healthcare professionals as there is a large hospital expansion set for IU health downtown, so something to think about. I think there will be some solid duplex options that should appreciate well. If and when rates drop, demand increases, and prices should follow. Inventory is low with most of the supply concentrated on the eastside. Here are some areas that may work:

B-C Class - Speedway, Irvington, Beech Grove, SoBro, Bates-Hendricks
C Class - Twin Aire, Near Eastside, Devington, Little Flower, Community /
Emerson Heights, Mars Hill

My team and I consistently work with investors in Indy and would love to help you out more and go over what other options are out there. It would be great to chat and go over your goals.