Real Estate Investment Properties for Sale in Carmel, IN

Looking for investment property in Carmel, IN with high ROI ?

Explore a variety of short-term homes & houses in Carmel, IN. Invest wisely with VRBO & Carmel, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Condos for Sale in Carmel, IN

Search for Condo for Sale in Carmel, Indiana. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 18 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
720 S Rangeline Road #701 Carmel, IN Sky-High Sophistication in the Heart of Carmel. Experience a lifestyle that's literally a...	3 beds \| 4 baths \| 3,765 sq.ft.	$3,600,000	Airbnb cash on cash: -1.36% Traditional cash on cash: -0.98% Airbnb Rental Income: $2509 Traditional Rental Income: $3179 Airbnb ROI: -1.36% Traditional ROI: -0.98%
13062 Grand Vue Drive Carmel, IN For those discerning buyers seeking the ultimate lifestyle defined by convenience in an un...	3 beds \| 4 baths \| 2,385 sq.ft.	$395,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 5.62% Airbnb Rental Income: $2509 Traditional Rental Income: $3005 Airbnb ROI: 2.65% Traditional ROI: 5.62%
15340 Mystic Rock Drive Carmel, IN Welcome to your low-maintenance retreat in Carmel, IN. This charming condo offers a unique...	2 beds \| 3 baths \| 1,831 sq.ft.	$330,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 5.44% Airbnb Rental Income: $1883 Traditional Rental Income: $2774 Airbnb ROI: 0.95% Traditional ROI: 5.44%
946 Lenox Lane #104 Carmel, IN Welcome to this FIRST FLOOR move-in ready 2-bedroom, 2-bath condo featuring modern updates...	2 beds \| 2 baths \| 1,072 sq.ft.	$258,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 3.94% Airbnb Rental Income: $1883 Traditional Rental Income: $1745 Airbnb ROI: 2.44% Traditional ROI: 3.94%
41 N Rangeline Road #7 Carmel, IN Only one unit remains! Nestled at the iconic intersection of Rangeline Rd. and Main St., 1...	4 beds \| 4 baths \| 2,930 sq.ft.	$1,820,000	Airbnb cash on cash: -0.42% Traditional cash on cash: 0.5% Airbnb Rental Income: $2697 Traditional Rental Income: $3625 Airbnb ROI: -0.42% Traditional ROI: 0.5%
30 W Main Street #3D Carmel, IN Welcome to luxury living in the heart of downtown Carmel! This stunning penthouse condo, r...	2 beds \| 3 baths \| 3,181 sq.ft.	$1,295,000	Airbnb cash on cash: -1.22% Traditional cash on cash: -0.67% Airbnb Rental Income: $1883 Traditional Rental Income: $2042 Airbnb ROI: -1.22% Traditional ROI: -0.67%
920 Veterans Way #204 Carmel, IN Welcome to 920 Veterans Way, a never-lived-in luxury end unit offering superior privacy, d...	2 beds \| 2 baths \| 1,515 sq.ft.	$675,000	Airbnb cash on cash: -5.19% Traditional cash on cash: -3.84% Airbnb Rental Income: $1883 Traditional Rental Income: $2229 Airbnb ROI: -5.19% Traditional ROI: -3.84%
11614 Buttonwood Drive Carmel, IN An incredible opportunity to live in Carmel for under $300K! This 3-bedroom, 2.5-bath cond...	3 beds \| 3 baths \| 1,358 sq.ft.	$277,500	Airbnb cash on cash: 4.16% Traditional cash on cash: 4.87% Airbnb Rental Income: $2509 Traditional Rental Income: $2087 Airbnb ROI: 4.16% Traditional ROI: 4.87%
451 American Way N #1C Carmel, IN Convenience, convenience, Convenience in this 2 bed 2 bath condo comes with 2 dedicated pa...	2 beds \| 2 baths \| 1,197 sq.ft.	$395,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 1.37% Airbnb Rental Income: $1883 Traditional Rental Income: $1677 Airbnb ROI: 0.57% Traditional ROI: 1.37%
12517 Timber Creek Drive #UNIT 2 Carmel, IN Unique opportunity to own a brand-new 2025 built 2 bedroom / 2 bath condo with a private t...	2 beds \| 2 baths \| 1,070 sq.ft.	$275,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 6.14% Airbnb Rental Income: $1883 Traditional Rental Income: $2287 Airbnb ROI: 2.65% Traditional ROI: 6.14%
854 Kinzer Avenue Carmel, IN This stunning 3-bedroom, 2.5-bath end-unit home, built in 2021 by David Weekley Homes, off...	3 beds \| 3 baths \| 1,738 sq.ft.	$395,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 3.08% Airbnb Rental Income: $2509 Traditional Rental Income: $2422 Airbnb ROI: 1.68% Traditional ROI: 3.08%
12517 Timber Creek Drive #UNIT 11 Carmel, IN The one you have been waiting for! Welcome to your brand-new condominium in the heart of C...	2 beds \| 2 baths \| 1,070 sq.ft.	$289,900	Airbnb cash on cash: 2.46% Traditional cash on cash: 3.71% Airbnb Rental Income: $1883 Traditional Rental Income: $1720 Airbnb ROI: 2.46% Traditional ROI: 3.71%
953 2nd Avenue NW Carmel, IN Stylish three-story townhouse in the heart of Carmel with direct access to the Monon Trail...	2 beds \| 3 baths \| 1,844 sq.ft.	$365,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 3.87% Airbnb Rental Income: $1883 Traditional Rental Income: $2408 Airbnb ROI: 0.87% Traditional ROI: 3.87%
586 Hunters Drive #APT D Carmel, IN Turn key Condo in Prime Carmel Location. Smart home in highly desirable Hunters Glen comm...	1 beds \| 1 baths \| 1,156 sq.ft.	$204,900	Airbnb cash on cash: 1.1% Traditional cash on cash: 2.21% Airbnb Rental Income: $1446 Traditional Rental Income: $1232 Airbnb ROI: 1.1% Traditional ROI: 2.21%
12515 Timber Creek Drive #11 Carmel, IN Check out this recently completed, brand new construction 2BD/2 bath condo in Timber Creek...	2 beds \| 2 baths \| 1,070 sq.ft.	$279,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 4.44% Airbnb Rental Income: $1883 Traditional Rental Income: $1869 Airbnb ROI: 2.58% Traditional ROI: 4.44%
2121 Grenville Street #2D Carmel, IN This beautifully updated second-floor condo with a 1 car garage! offers comfortable, tur...	2 beds \| 1 baths \| 1,126 sq.ft.	$235,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 2.05% Airbnb Rental Income: $1883 Traditional Rental Income: $1433 Airbnb ROI: 1.81% Traditional ROI: 2.05%
946 Lenox Lane #208 Carmel, IN Fabulous 2nd floor condo in conveniently located and desirable Lenox Trace! Enjoy low main...	2 beds \| 2 baths \| 1,072 sq.ft.	$214,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 3.86% Airbnb Rental Income: $1883 Traditional Rental Income: $1516 Airbnb ROI: 3.19% Traditional ROI: 3.86%
12926 University Crescent #3A Carmel, IN This beautifully updated 1 bedroom, 1 bathroom, 3rd floor condo with a 1 car garage in the...	1 beds \| 1 baths \| 766 sq.ft.	$215,000	Airbnb cash on cash: 1.24% Traditional cash on cash: 2.84% Airbnb Rental Income: $1446 Traditional Rental Income: $1341 Airbnb ROI: 1.24% Traditional ROI: 2.84%

Your search for investment property begins and ends here

Condos for Sale in Carmel, IN

720 S Rangeline Road #701

Carmel, IN

3 beds | 4 baths | 3,765 sq.ft.

$3,600,000

Airbnb cash on cash: -1.36%

Traditional cash on cash: -0.98%

Airbnb Rental Income: $2509

Traditional Rental Income: $3179

Airbnb ROI: -1.36%

Traditional ROI: -0.98%

13062 Grand Vue Drive

Carmel, IN

3 beds | 4 baths | 2,385 sq.ft.

$395,000

Airbnb cash on cash: 2.65%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $2509

Traditional Rental Income: $3005

Airbnb ROI: 2.65%

Traditional ROI: 5.62%

15340 Mystic Rock Drive

Carmel, IN

2 beds | 3 baths | 1,831 sq.ft.

$330,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1883

Traditional Rental Income: $2774

Airbnb ROI: 0.95%

Traditional ROI: 5.44%

946 Lenox Lane #104

Carmel, IN

2 beds | 2 baths | 1,072 sq.ft.

$258,000

Airbnb cash on cash: 2.44%

Traditional cash on cash: 3.94%

Airbnb Rental Income: $1883

Traditional Rental Income: $1745

Airbnb ROI: 2.44%

Traditional ROI: 3.94%

41 N Rangeline Road #7

Carmel, IN

4 beds | 4 baths | 2,930 sq.ft.

$1,820,000

Airbnb cash on cash: -0.42%

Traditional cash on cash: 0.5%

Airbnb Rental Income: $2697

Traditional Rental Income: $3625

Airbnb ROI: -0.42%

Traditional ROI: 0.5%

30 W Main Street #3D

Carmel, IN

2 beds | 3 baths | 3,181 sq.ft.

$1,295,000

Airbnb cash on cash: -1.22%

Traditional cash on cash: -0.67%

Airbnb Rental Income: $1883

Traditional Rental Income: $2042

Airbnb ROI: -1.22%

Traditional ROI: -0.67%

920 Veterans Way #204

Carmel, IN

2 beds | 2 baths | 1,515 sq.ft.

$675,000

Airbnb cash on cash: -5.19%

Traditional cash on cash: -3.84%

Airbnb Rental Income: $1883

Traditional Rental Income: $2229

Airbnb ROI: -5.19%

Traditional ROI: -3.84%

11614 Buttonwood Drive

Carmel, IN

3 beds | 3 baths | 1,358 sq.ft.

$277,500

Airbnb cash on cash: 4.16%

Traditional cash on cash: 4.87%

Airbnb Rental Income: $2509

Traditional Rental Income: $2087

Airbnb ROI: 4.16%