Investing Far East Side Indianapolis

[Amanda Galloway]

Hi all,

I am new to real estate investing and looking to invest in Indianapolis. I have been going out for a few months searching for properties and I am looking at a specific property on the Far East side and considering putting in an offer. Although I have driven the neighborhood during the day and it seemed okay, I’m getting some worrisome information online and my agent says the neighborhood “isn’t the best but isn’t the worst” and to “do my research” which I feel is a vague way of saying it’s not great. 

I’m okay with a low-income area but I don’t want to buy a place in a D neighborhood either. 

So what are your thoughts on Far East side rental properties in 2020? 

[Morgan Nilsen]

Hello Amanda, i currently own 4 properties in this zip and in the last 4 years I have owned 8 total. I also have many friends that own properties there. The area has been amazing for me and my friends. Low prices and high rents. I highly recommend it! Ive been told by my former PM to stay above 38th street, but I own two below and they haven't given me any issues yet.