Real Estate Investment Properties for Sale in Ellettsville, IN

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

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

Investment Property for Sale in Ellettsville, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7489 W Raymond Run Ellettsville, IN This inviting ranch home over a finished walkout basement offers plenty of space to spread...	3 beds \| 3 baths \| 3,014 sq.ft.	$429,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 4.25% Airbnb Rental Income: $1139 Traditional Rental Income: $2610 Airbnb ROI: -0.35% Traditional ROI: 4.25%
340 W Iroquois Drive Ellettsville, IN This 3-bedroom, 1-bath home was renovated just 8 years ago and is about 1 mile off 46, pro...	3 beds \| 1 baths \| 1,008 sq.ft.	$239,900	Airbnb cash on cash: 1.16% Traditional cash on cash: 3.63% Airbnb Rental Income: $1139 Traditional Rental Income: $1320 Airbnb ROI: 1.16% Traditional ROI: 3.63%
5974 N Ajuga Court Ellettsville, IN Presenting to you this beautifully maintained, move-in ready townhouse in Ellettsville, ne...	3 beds \| 3 baths \| 1,551 sq.ft.	$230,000	Airbnb cash on cash: 1.35% Traditional cash on cash: 7.72% Airbnb Rental Income: $1139 Traditional Rental Income: $2147 Airbnb ROI: 1.35% Traditional ROI: 7.72%
1934 N Cornerstone Way Ellettsville, IN Quality and comfort in this indulgent 4-bed, 2-bath ranch, on a .93-acre lot in a cul de s...	4 beds \| 2 baths \| 2,568 sq.ft.	$579,500	Airbnb cash on cash: -1.34% Traditional cash on cash: 2.49% Airbnb Rental Income: $637 Traditional Rental Income: $2419 Airbnb ROI: -1.34% Traditional ROI: 2.49%
5944 N Ajuga Court Ellettsville, IN This updated and move-in-ready townhome is also a desireable end unit, which means extra w...	3 beds \| 3 baths \| 1,551 sq.ft.	$230,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 6.74% Airbnb Rental Income: $1139 Traditional Rental Income: $2159 Airbnb ROI: 0.31% Traditional ROI: 6.74%
943 E Nicholas Lane Ellettsville, IN Custom Home with Open Layout, Luxe Primary Suite & Private Outdoor Space. Step into the gr...	4 beds \| 4 baths \| 2,716 sq.ft.	$624,900	Airbnb cash on cash: -1.58% Traditional cash on cash: 2.06% Airbnb Rental Income: $637 Traditional Rental Income: $2462 Airbnb ROI: -1.58% Traditional ROI: 2.06%
612 E Harrison Ct Ellettsville, IN Welcome home to this stunning 3-bedroom, 2-bath ranch on .42 acres in the desirable Greenb...	3 beds \| 2 baths \| N/A	$389,500	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.46% Airbnb Rental Income: $1139 Traditional Rental Income: $2049 Airbnb ROI: -0.07% Traditional ROI: 3.46%
637 E Benjamin Street Ellettsville, IN Modern Farmhouse in Greenbrier Meadows! Located just 7.9 miles from the new IU Health Bloo...	4 beds \| 3 baths \| 2,610 sq.ft.	$465,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 3.18% Airbnb Rental Income: $637 Traditional Rental Income: $2280 Airbnb ROI: -1.27% Traditional ROI: 3.18%
364 S Cedar Drive Ellettsville, IN Immaculate, adorable, affordable, and ready to move in! This bright and cheery 3-bedroom, ...	3 beds \| 1 baths \| 875 sq.ft.	$212,000	Airbnb cash on cash: 1.53% Traditional cash on cash: 3.62% Airbnb Rental Income: $1139 Traditional Rental Income: $1180 Airbnb ROI: 1.53% Traditional ROI: 3.62%
705 N Hanover Glen Ellettsville, IN Tucked away at the end of a quiet dead-end street and surrounded by mature trees on two si...	4 beds \| 2 baths \| 1,420 sq.ft.	$270,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 5.3% Airbnb Rental Income: $637 Traditional Rental Income: $1917 Airbnb ROI: -0.88% Traditional ROI: 5.3%
1704 N Ridgeway Drive Ellettsville, IN Spacious contemporary home situated on a wooded corner lot. This home offers an open floo...	3 beds \| 2 baths \| 2,210 sq.ft.	$205,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 9.16% Airbnb Rental Income: $1139 Traditional Rental Income: $2276 Airbnb ROI: 1.37% Traditional ROI: 9.16%
1018 N Forest View Drive Ellettsville, IN Discover this charming 3-bedroom, 1.5-bath condo conveniently located on a desirable corne...	3 beds \| 2 baths \| 1,296 sq.ft.	$199,900	Airbnb cash on cash: 1.74% Traditional cash on cash: 6.36% Airbnb Rental Income: $1139 Traditional Rental Income: $1638 Airbnb ROI: 1.74% Traditional ROI: 6.36%
6161 N Shelly Drive Ellettsville, IN Welcome to Shelly Drive, where youâll enjoy nature in your backyard while being just min...	3 beds \| 1 baths \| 1,320 sq.ft.	$260,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.7% Airbnb Rental Income: $1139 Traditional Rental Income: $1417 Airbnb ROI: 1.03% Traditional ROI: 3.7%
131 E Cooper Court Ellettsville, IN This split-level home offers strong potential for both rental income and future appreciati...	4 beds \| 2 baths \| 1,776 sq.ft.	$164,500	Airbnb cash on cash: -1.47% Traditional cash on cash: 9.54% Airbnb Rental Income: $637 Traditional Rental Income: $2070 Airbnb ROI: -1.47% Traditional ROI: 9.54%
392 S Cedar Drive Ellettsville, IN Welcome home to this beautifully updated 3 bedroom, 1 bath ranch located in the heart of E...	3 beds \| 1 baths \| 975 sq.ft.	$217,000	Airbnb cash on cash: 0.67% Traditional cash on cash: 3.34% Airbnb Rental Income: $1139 Traditional Rental Income: $1309 Airbnb ROI: 0.67% Traditional ROI: 3.34%
6275 W Cowden Road Ellettsville, IN This updated ranch home is move-in ready! Bonus that it sits on a beautiful 6.81acres. Tha...	3 beds \| 3 baths \| 1,608 sq.ft.	$389,900	Airbnb cash on cash: -0.53% Traditional cash on cash: 3.11% Airbnb Rental Income: $1139 Traditional Rental Income: $2091 Airbnb ROI: -0.53% Traditional ROI: 3.11%
7478 W Raymond Run Ellettsville, IN Welcome to this inviting custom-built ranch, designed for comfort and relaxation and was o...	4 beds \| 3 baths \| 1,833 sq.ft.	$410,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 3.84% Airbnb Rental Income: $637 Traditional Rental Income: $2307 Airbnb ROI: -1.27% Traditional ROI: 3.84%
114 W Temperance Street Ellettsville, IN Prime location with an average of 15,000 vehicles passing through Ellettsville each dayâ...	2 beds \| 2 baths \| 1,320 sq.ft.	$149,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 7.55% Airbnb Rental Income: $873 Traditional Rental Income: $1431 Airbnb ROI: 1.29% Traditional ROI: 7.55%
4000 W Prather Road Ellettsville, IN Welcome to 4000 W. Prather Rd. in Ellettsville, Indiana â a stunning 67Â± acre estate of...	2 beds \| 2 baths \| 2,104 sq.ft.	$950,000	Airbnb cash on cash: -1.86% Traditional cash on cash: 0% Airbnb Rental Income: $873 Traditional Rental Income: $2178 Airbnb ROI: -1.86% Traditional ROI: 0%
203 S Sale Street Ellettsville, IN Charm! Character! Corner lot! You'll love this beautifully renovated home in the heart of ...	4 beds \| 3 baths \| 1,830 sq.ft.	$364,900	Airbnb cash on cash: -0.96% Traditional cash on cash: 4.56% Airbnb Rental Income: $637 Traditional Rental Income: $2233 Airbnb ROI: -0.96% Traditional ROI: 4.56%
709 W Main Street Ellettsville, IN This property is a unique historic home with unusual characteristics and charm. By our cur...	2 beds \| 1 baths \| 1,444 sq.ft.	$189,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 5.28% Airbnb Rental Income: $873 Traditional Rental Income: $1359 Airbnb ROI: 0.71% Traditional ROI: 5.28%
701 N Abigail Lane Ellettsville, IN An incredible combination of quality finishes and amazing value is found in this spacious ...	5 beds \| 3 baths \| 2,802 sq.ft.	$465,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 4.32% Airbnb Rental Income: $838 Traditional Rental Income: $2750 Airbnb ROI: -0.83% Traditional ROI: 4.32%
115 E Chester Drive Ellettsville, IN Great opportunity for an investor or someone looking for a project! This one level home ov...	2 beds \| 1 baths \| 896 sq.ft.	$129,999	Airbnb cash on cash: 0.18% Traditional cash on cash: 5.17% Airbnb Rental Income: $873 Traditional Rental Income: $1163 Airbnb ROI: 0.18% Traditional ROI: 5.17%
1810 S Shawnee Drive Ellettsville, IN Welcome to this beautifully updated 3-bedroom, 1-bath ranch in the heart of Ellettsvilleâ...	3 beds \| 1 baths \| 1,000 sq.ft.	$239,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 3.11% Airbnb Rental Income: $1139 Traditional Rental Income: $1235 Airbnb ROI: 1.01% Traditional ROI: 3.11%
1041 E Nicholas Lane Ellettsville, IN CMG Home Loans / Greg Burns is offering a $2500 closing buyer credit to anyone who uses th...	3 beds \| 3 baths \| 2,331 sq.ft.	$524,900	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.38% Airbnb Rental Income: $1139 Traditional Rental Income: $2583 Airbnb ROI: -0.34% Traditional ROI: 3.38%
311 N Kelli Drive Ellettsville, IN Nestled at 311 N Kelli DR, ELLETTSVILLE, IN, this single-family residence presents an oppo...	3 beds \| 2 baths \| 1,008 sq.ft.	$190,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.88% Airbnb Rental Income: $1139 Traditional Rental Income: $1472 Airbnb ROI: 1.94% Traditional ROI: 5.88%
7227 W Mustang Drive Ellettsville, IN Nearly new ranch with premium upgrades, prime location right next to Edgewood schools. Wel...	4 beds \| 2 baths \| 2,086 sq.ft.	$399,900	Airbnb cash on cash: -1.15% Traditional cash on cash: 4.12% Airbnb Rental Income: $637 Traditional Rental Income: $2318 Airbnb ROI: -1.15% Traditional ROI: 4.12%
527 W Potowatami Drive Ellettsville, IN Welcome to the ever-popular Arrowhead neighborhood, just south of downtown Ellettsville. T...	3 beds \| 2 baths \| 1,120 sq.ft.	$264,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 4.18% Airbnb Rental Income: $1139 Traditional Rental Income: $1584 Airbnb ROI: 0.88% Traditional ROI: 4.18%
857 E Meadowlands Drive Ellettsville, IN Move-in ready ranch featuring 4 bedrooms and 2 bathrooms with lots of recent updates! Insi...	4 beds \| 2 baths \| 1,750 sq.ft.	$335,000	Airbnb cash on cash: -1.02% Traditional cash on cash: 4.61% Airbnb Rental Income: $637 Traditional Rental Income: $2114 Airbnb ROI: -1.02% Traditional ROI: 4.61%
7461 W Mustang Drive Ellettsville, IN Welcome to this inviting ranch-style home designed for comfort, gatherings, and everyday e...	3 beds \| 2 baths \| 1,332 sq.ft.	$214,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 6.81% Airbnb Rental Income: $1139 Traditional Rental Income: $1731 Airbnb ROI: 2.04% Traditional ROI: 6.81%
314 W Association Street Ellettsville, IN Investment opportunity with flexibility and upside potential! This duplex, situated on two...	3 beds \| 2 baths \| 1,721 sq.ft.	$230,000	Airbnb cash on cash: 2% Traditional cash on cash: 6.93% Airbnb Rental Income: $1139 Traditional Rental Income: $1831 Airbnb ROI: 2% Traditional ROI: 6.93%
1016 N Forest View Drive Ellettsville, IN Airy, open concept living room and kitchen features all appliances, newer paint and Vinyl ...	2 beds \| 1 baths \| 840 sq.ft.	$179,900	Airbnb cash on cash: -0.37% Traditional cash on cash: 3.37% Airbnb Rental Income: $873 Traditional Rental Income: $1179 Airbnb ROI: -0.37% Traditional ROI: 3.37%
220 S 2nd Street Ellettsville, IN Completely Remodeled 2-Bedroom, 2.5-Bath Home in Prime Location! Welcome to this beautiful...	2 beds \| 3 baths \| 1,476 sq.ft.	$249,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 6.56% Airbnb Rental Income: $873 Traditional Rental Income: $1899 Airbnb ROI: 0.78% Traditional ROI: 6.56%
1623 N Limestone Drive Ellettsville, IN Motivated Seller! Welcome to 1623 N Limestone Dr, a rare opportunity to own a spacious hom...	4 beds \| 3 baths \| 2,069 sq.ft.	$465,000	Airbnb cash on cash: -0.92% Traditional cash on cash: 4.02% Airbnb Rental Income: $637 Traditional Rental Income: $2495 Airbnb ROI: -0.92% Traditional ROI: 4.02%
5236 N Terry Court Ellettsville, IN Fully Remodeled Ranch Near Edgewood Schools â Move-In Ready! Just half a mile from all E...	4 beds \| 2 baths \| 1,459 sq.ft.	$294,000	Airbnb cash on cash: -1.61% Traditional cash on cash: 4.04% Airbnb Rental Income: $637 Traditional Rental Income: $1908 Airbnb ROI: -1.61% Traditional ROI: 4.04%
809 W Oak Street Ellettsville, IN Investor Special! This solid cottage offers great bones and plenty of potential. With a ne...	1 beds \| 1 baths \| 1,088 sq.ft.	$80,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 10.87% Airbnb Rental Income: $834 Traditional Rental Income: $1058 Airbnb ROI: 3.86% Traditional ROI: 10.87%
7610 W Julia Drive Ellettsville, IN New Construction in the exciting new Harman Farm Subdivision. 1354 Sf 3-bedroom, 2 full b...	3 beds \| 2 baths \| 1,325 sq.ft.	$315,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 3.76% Airbnb Rental Income: $1139 Traditional Rental Income: $1753 Airbnb ROI: 0.41% Traditional ROI: 3.76%
7615 W Julia Drive Ellettsville, IN NEW CONSTRUCTION in the NEW Harman Farm Subdivision in Ellettsville! This 1652 SF Ranch fe...	3 beds \| 2 baths \| 1,652 sq.ft.	$380,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.55% Airbnb Rental Income: $1139 Traditional Rental Income: $2016 Airbnb ROI: 0.03% Traditional ROI: 3.55%

Real Estate investment in Ellettsville, IN

There are 38 properties for sale in the city of Ellettsville . The median list price in Ellettsville is $260,000 and the average price per square foot is $157. In December 2025, the average monthly cash on cash return in Ellettsville is 4.00%. The average monthly rental income in Ellettsville is $2,016.

Ellettsville, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 38 investment properties available for sale in Ellettsville.

In 2025, the best neighborhood to buy investment property is Ellettsville.

The ROI for Short-Term is higher than the Long-Term in Ellettsville with average rental income of $873.

Your search for investment property begins and ends here

Investment Property for Sale in Ellettsville, IN

7489 W Raymond Run

Ellettsville, IN

3 beds | 3 baths | 3,014 sq.ft.

$429,900

Airbnb cash on cash: -0.35%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1139

Traditional Rental Income: $2610

Airbnb ROI: -0.35%

Traditional ROI: 4.25%

340 W Iroquois Drive

Ellettsville, IN

3 beds | 1 baths | 1,008 sq.ft.

$239,900

Airbnb cash on cash: 1.16%

Traditional cash on cash: 3.63%

Airbnb Rental Income: $1139

Traditional Rental Income: $1320

Airbnb ROI: 1.16%

Traditional ROI: 3.63%

5974 N Ajuga Court

Ellettsville, IN

3 beds | 3 baths | 1,551 sq.ft.

$230,000

Airbnb cash on cash: 1.35%

Traditional cash on cash: 7.72%

Airbnb Rental Income: $1139

Traditional Rental Income: $2147

Airbnb ROI: 1.35%

Traditional ROI: 7.72%

1934 N Cornerstone Way

Ellettsville, IN

4 beds | 2 baths | 2,568 sq.ft.

$579,500

Airbnb cash on cash: -1.34%

Traditional cash on cash: 2.49%

Airbnb Rental Income: $637

Traditional Rental Income: $2419

Airbnb ROI: -1.34%

Traditional ROI: 2.49%

5944 N Ajuga Court

Ellettsville, IN

3 beds | 3 baths | 1,551 sq.ft.

$230,000

Airbnb cash on cash: 0.31%

Traditional cash on cash: 6.74%

Airbnb Rental Income: $1139

Traditional Rental Income: $2159

Airbnb ROI: 0.31%

Traditional ROI: 6.74%

943 E Nicholas Lane

Ellettsville, IN

4 beds | 4 baths | 2,716 sq.ft.

$624,900

Airbnb cash on cash: -1.58%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $637

Traditional Rental Income: $2462

Airbnb ROI: -1.58%

Traditional ROI: 2.06%

612 E Harrison Ct

Ellettsville, IN

3 beds | 2 baths | N/A

$389,500

Airbnb cash on cash: -0.07%

Traditional cash on cash: 3.46%

Airbnb Rental Income: $1139

Traditional Rental Income: $2049

Airbnb ROI: -0.07%

Traditional ROI: 3.46%

637 E Benjamin Street

Ellettsville, IN

4 beds | 3 baths | 2,610 sq.ft.

$465,000

Airbnb cash on cash: -1.27%

Traditional cash on cash: 3.18%

Airbnb Rental Income: $637

Traditional Rental Income: $2280

Airbnb ROI: -1.27%