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
459 W Hickory Drive Ellettsville, IN Immaculate, clean, cute, charming, this great property is all of the above! The interior i...	3 beds \| 1 baths \| 1,100 sq.ft.	$229,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.8% Airbnb Rental Income: $878 Traditional Rental Income: $1265 Airbnb ROI: 0.47% Traditional ROI: 3.8%
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.	$222,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 6.97% Airbnb Rental Income: $878 Traditional Rental Income: $2147 Airbnb ROI: -0.66% Traditional ROI: 6.97%
501 S Turtleback Creek Road Ellettsville, IN Move-In Ready & Updated Top to Bottom! This stunning 4-bedroom, 3-bath colonial bi-level h...	4 beds \| 3 baths \| 2,322 sq.ft.	$335,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 6.19% Airbnb Rental Income: $522 Traditional Rental Income: $2556 Airbnb ROI: -1.14% Traditional ROI: 6.19%
1934 N Cornerstone Way Ellettsville, IN Indulge in this custom built 4-bed, 2-bath ranch, on a .93-acre lot in a cul de sac. Open ...	4 beds \| 2 baths \| 2,568 sq.ft.	$574,900	Airbnb cash on cash: -1.53% Traditional cash on cash: 2.52% Airbnb Rental Income: $522 Traditional Rental Income: $2419 Airbnb ROI: -1.53% Traditional ROI: 2.52%
702 W Association Street Ellettsville, IN $5,000 SELLER CREDIT for closing costs/rate buy down or Buyer discretion! Plus Seller has...	4 beds \| 2 baths \| 2,240 sq.ft.	$229,000	Airbnb cash on cash: -1.99% Traditional cash on cash: 7.24% Airbnb Rental Income: $522 Traditional Rental Income: $2246 Airbnb ROI: -1.99% Traditional ROI: 7.24%
354 W Miami Street Ellettsville, IN This charming 3-bedroom, 2-bath ranch offers comfortable, single-level living with thought...	3 beds \| 2 baths \| 1,008 sq.ft.	$249,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 4.25% Airbnb Rental Income: $878 Traditional Rental Income: $1481 Airbnb ROI: 0.27% Traditional ROI: 4.25%
109 W Ritter Street Ellettsville, IN Super cute and clean defines this 2bd, 2ba ranch over a basement! Situated on a lovely .33...	2 beds \| 2 baths \| 864 sq.ft.	$219,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 4.03% Airbnb Rental Income: $1006 Traditional Rental Income: $1241 Airbnb ROI: 1.19% Traditional ROI: 4.03%
220 S Walnut Street Ellettsville, IN Welcome to 220 South Walnut Street, an updated two-bedroom, two-bath home offering over 1,...	2 beds \| 2 baths \| 1,142 sq.ft.	$225,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 1.58% Airbnb Rental Income: $1006 Traditional Rental Income: $1004 Airbnb ROI: -0.09% Traditional ROI: 1.58%
117 S Walnut Street Ellettsville, IN Price Reduced! Welcome home to this charming 2 bedroom, 1.5 bath limestone ranch offering ...	2 beds \| 2 baths \| 1,342 sq.ft.	$199,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 6.65% Airbnb Rental Income: $1006 Traditional Rental Income: $1684 Airbnb ROI: 1.17% Traditional ROI: 6.65%
7291 W Mustang Drive Ellettsville, IN Move-in ready and built in 2019, this thoughtfully designed Craftsman-style home with over...	3 beds \| 2 baths \| 1,623 sq.ft.	$359,900	Airbnb cash on cash: -0.3% Traditional cash on cash: 3.93% Airbnb Rental Income: $878 Traditional Rental Income: $1970 Airbnb ROI: -0.3% Traditional ROI: 3.93%
866 E Meadowlands Drive Ellettsville, IN Summer-ready with an above ground pool (2024), NEW HVAC (2024) and stunning new deck (2025...	4 beds \| 3 baths \| 2,040 sq.ft.	$375,000	Airbnb cash on cash: -1.38% Traditional cash on cash: 4.54% Airbnb Rental Income: $522 Traditional Rental Income: $2331 Airbnb ROI: -1.38% Traditional ROI: 4.54%
521 S Sale Street Ellettsville, IN Step into this modernized farmhouse, where historic charm meets vibrant, modern soul. This...	3 beds \| 2 baths \| 2,041 sq.ft.	$299,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 5.67% Airbnb Rental Income: $878 Traditional Rental Income: $2072 Airbnb ROI: 0.24% Traditional ROI: 5.67%
5704 W Vinca Ln Ellettsville, IN Welcome to Stoneview! This 3-bedroom townhome features 2.5 bathrooms, an attached 1-car ga...	3 beds \| 3 baths \| 1,407 sq.ft.	$219,900	Airbnb cash on cash: 0.41% Traditional cash on cash: 6.87% Airbnb Rental Income: $878 Traditional Rental Income: $1888 Airbnb ROI: 0.41% Traditional ROI: 6.87%
634 E Benjamin Street Ellettsville, IN Built in 2021, this stunning ranch offers 1,736 finished square feet on a 0.36-acre cul-de...	3 beds \| 2 baths \| 1,736 sq.ft.	$429,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 3.2% Airbnb Rental Income: $878 Traditional Rental Income: $2053 Airbnb ROI: -0.55% Traditional ROI: 3.2%
526 E Lucy Lane Ellettsville, IN Lovely two-story contemporary home with 4 bedrooms and 2.5 baths in Ellettsville, ideally ...	4 beds \| 3 baths \| 2,404 sq.ft.	$504,900	Airbnb cash on cash: -1.45% Traditional cash on cash: 3.44% Airbnb Rental Income: $522 Traditional Rental Income: $2557 Airbnb ROI: -1.45% Traditional ROI: 3.44%
542 E Lucy Lane Ellettsville, IN Welcome to this beautifully maintained, 4-year-old ranch home in Greenbriar Meadows that c...	3 beds \| 2 baths \| 1,944 sq.ft.	$420,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 3.15% Airbnb Rental Income: $878 Traditional Rental Income: $2066 Airbnb ROI: -0.72% Traditional ROI: 3.15%
718 E Appomatox Court Ellettsville, IN Tucked on a quiet cul-de-sac, this versatile two-story home offers the perfect blend of fu...	4 beds \| 3 baths \| 2,334 sq.ft.	$449,900	Airbnb cash on cash: -1.54% Traditional cash on cash: 3.58% Airbnb Rental Income: $522 Traditional Rental Income: $2406 Airbnb ROI: -1.54% Traditional ROI: 3.58%
6161 N Shelly Drive Ellettsville, IN HOME WARRANTY INCLUDED! Welcome to Shelly Drive, where youâll enjoy nature in your backy...	3 beds \| 1 baths \| 1,320 sq.ft.	$249,900	Airbnb cash on cash: 0.19% Traditional cash on cash: 3.89% Airbnb Rental Income: $878 Traditional Rental Income: $1417 Airbnb ROI: 0.19% Traditional ROI: 3.89%
131 E Cooper Court Ellettsville, IN One in a million renovation! Seller spared nothing: Walls open to the studs and plumbing, ...	4 beds \| 3 baths \| 1,776 sq.ft.	$309,900	Airbnb cash on cash: -1.56% Traditional cash on cash: 4.69% Airbnb Rental Income: $522 Traditional Rental Income: $2070 Airbnb ROI: -1.56% Traditional ROI: 4.69%
953 S Lantern Lane Ellettsville, IN Looking for a newer construction home on a large lot? Welcome home to 953 Lantern Lane, El...	4 beds \| 3 baths \| 5,322 sq.ft.	$635,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 1.5% Airbnb Rental Income: $522 Traditional Rental Income: $2040 Airbnb ROI: -1.52% Traditional ROI: 1.5%
5510 W Redbud Drive Ellettsville, IN Stunning 4 bedroom, 2.5 bath in Woodland Park. This home was built is 2021 and still looks...	4 beds \| 3 baths \| 2,538 sq.ft.	$441,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 4.47% Airbnb Rental Income: $522 Traditional Rental Income: $2594 Airbnb ROI: -1.22% Traditional ROI: 4.47%
701 E Quinn Raye Court Ellettsville, IN Welcome to a wonderful like-new ranch! This premium corner-lot home with attractive landsc...	3 beds \| 2 baths \| 2,202 sq.ft.	$450,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 3.18% Airbnb Rental Income: $878 Traditional Rental Income: $2204 Airbnb ROI: -0.76% Traditional ROI: 3.18%
537 S Birch Street Ellettsville, IN Welcome home! Featuring 3 bedrooms and 2 full bathroomsâincluding a primary bath with a ...	3 beds \| 2 baths \| 1,154 sq.ft.	$309,900	Airbnb cash on cash: -0.14% Traditional cash on cash: 3.52% Airbnb Rental Income: $878 Traditional Rental Income: $1609 Airbnb ROI: -0.14% Traditional ROI: 3.52%
5688 W Vinca Lane Ellettsville, IN Elevated design meets effortless living in this thoughtfully upgraded townhome. From the m...	3 beds \| 3 baths \| 1,551 sq.ft.	$257,500	Airbnb cash on cash: -0.67% Traditional cash on cash: 5.3% Airbnb Rental Income: $878 Traditional Rental Income: $1992 Airbnb ROI: -0.67% Traditional ROI: 5.3%
1041 E Nicholas Lane Ellettsville, IN Located in the heart of Ellettsville and just 8 miles from Indiana University, this stunni...	3 beds \| 3 baths \| 2,331 sq.ft.	$450,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 4.1% Airbnb Rental Income: $878 Traditional Rental Income: $2583 Airbnb ROI: -0.74% Traditional ROI: 4.1%
7655 W Julia Drive Ellettsville, IN This thoughtfully designed ranch highlights the best of single-level living in the Village...	3 beds \| 2 baths \| 1,632 sq.ft.	$399,900	Airbnb cash on cash: -0.64% Traditional cash on cash: 3.2% Airbnb Rental Income: $878 Traditional Rental Income: $1984 Airbnb ROI: -0.64% Traditional ROI: 3.2%
7318 N Red Hill Road Ellettsville, IN Adorable 3 bed, 2 bath, A-Frame home on .60 of an acre and features 1970 finished square f...	3 beds \| 2 baths \| 1,970 sq.ft.	$329,696	Airbnb cash on cash: -0.44% Traditional cash on cash: 4.45% Airbnb Rental Income: $878 Traditional Rental Income: $2057 Airbnb ROI: -0.44% Traditional ROI: 4.45%
1917 N Cornerstone Way Ellettsville, IN A beautiful custom French Country Maison in a quiet neighborhood in quaint Ellettsville! W...	4 beds \| 4 baths \| 3,610 sq.ft.	$719,900	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.4% Airbnb Rental Income: $522 Traditional Rental Income: $3592 Airbnb ROI: -1.59% Traditional ROI: 3.4%
8252 W Chafin Chapel Road Ellettsville, IN What a find!! Five acres of rolling woods, secluded yet convenient. AND, a great 2 bedroom...	2 beds \| 2 baths \| 1,368 sq.ft.	$339,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.12% Airbnb Rental Income: $1006 Traditional Rental Income: $1679 Airbnb ROI: -0.12% Traditional ROI: 3.12%
7654 W Julia Drive Ellettsville, IN New construction in the Village at Harman Farm! This thoughtfully designed home features a...	3 beds \| 2 baths \| 1,399 sq.ft.	$379,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 3.03% Airbnb Rental Income: $878 Traditional Rental Income: $1829 Airbnb ROI: -0.58% Traditional ROI: 3.03%
7602 W Julia Drive Ellettsville, IN New Construction in the exciting new Harman Farm Subdivision. 1020 SF, 2-bed, 2 full bath...	2 beds \| 2 baths \| 1,020 sq.ft.	$290,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 4.03% Airbnb Rental Income: $1006 Traditional Rental Income: $1698 Airbnb ROI: 0.2% Traditional ROI: 4.03%
6193 N Wallace Harman Way Ellettsville, IN New construction in the Village at Harman Farm! Located on the west side of Ellettsville j...	3 beds \| 3 baths \| 1,407 sq.ft.	$308,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 4.58% Airbnb Rental Income: $878 Traditional Rental Income: $1954 Airbnb ROI: -0.29% Traditional ROI: 4.58%
6191 N Wallace Harman Way Ellettsville, IN New construction in the Village at Harman Farm! Located on the west side of Ellettsville j...	3 beds \| 3 baths \| 1,417 sq.ft.	$310,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 4.51% Airbnb Rental Income: $878 Traditional Rental Income: $1946 Airbnb ROI: -0.3% Traditional ROI: 4.51%
6195 N Wallace Harman Way Ellettsville, IN New construction in the Village at Harman Farm! Located on the west side of Ellettsville j...	3 beds \| 3 baths \| 1,455 sq.ft.	$312,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.59% Airbnb Rental Income: $878 Traditional Rental Income: $1980 Airbnb ROI: -0.31% Traditional ROI: 4.59%
1897 N Cornerstone Way Ellettsville, IN Welcome to this exceptional sprawling ranch in Quarry Estates, offering thoughtful design ...	4 beds \| 3 baths \| 4,252 sq.ft.	$765,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 1.85% Airbnb Rental Income: $522 Traditional Rental Income: $2622 Airbnb ROI: -1.48% Traditional ROI: 1.85%
7671 W Julia Drive Ellettsville, IN This thoughtfully designed ranch showcases the ease of single-level living in the Village ...	3 beds \| 2 baths \| 1,632 sq.ft.	$409,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 3.06% Airbnb Rental Income: $878 Traditional Rental Income: $1976 Airbnb ROI: -0.67% Traditional ROI: 3.06%
7604 W Julia Drive Ellettsville, IN New Construction in the exciting new Harman Farm Subdivision. 1480 SF, 3-bed, 2-1/2 bath t...	3 beds \| 3 baths \| 1,480 sq.ft.	$329,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 4.26% Airbnb Rental Income: $878 Traditional Rental Income: $1987 Airbnb ROI: -0.41% Traditional ROI: 4.26%
6601 N Rhinestone Drive Ellettsville, IN Beautiful country living on 2.28 acres in Horse Shoe Retreat! This custom-built ranch home...	3 beds \| 3 baths \| 2,395 sq.ft.	$449,900	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.92% Airbnb Rental Income: $878 Traditional Rental Income: $2434 Airbnb ROI: -0.57% Traditional ROI: 3.92%
7640 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.	$317,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.67% Airbnb Rental Income: $878 Traditional Rental Income: $1738 Airbnb ROI: -0.34% Traditional ROI: 3.67%
401 W Iroquois Drive Ellettsville, IN Completely Update Ranch Style Home 3 BR/1BA - New Flooring, Paint & Appliances - Mature ...	3 beds \| 1 baths \| 1,148 sq.ft.	$239,900	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.96% Airbnb Rental Income: $878 Traditional Rental Income: $1378 Airbnb ROI: 0.27% Traditional ROI: 3.96%

Real Estate investment in Ellettsville, IN

There are 60 properties for sale in the city of Ellettsville . The median list price in Ellettsville is $339,000 and the average price per square foot is $198. In May 2026, the average monthly cash on cash return in Ellettsville is 4.00%. The average monthly rental income in Ellettsville is $2,002.

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

There are 60 investment properties available for sale in Ellettsville.

In 2026, the best neighborhood to buy investment property is Ellettsville.

The ROI for Long-Term is higher than the Short-Term in Ellettsville with average rental income of $2,002.

Your search for investment property begins and ends here

Investment Property for Sale in Ellettsville, IN

459 W Hickory Drive

Ellettsville, IN

3 beds | 1 baths | 1,100 sq.ft.

$229,900

Airbnb cash on cash: 0.47%

Traditional cash on cash: 3.8%

Airbnb Rental Income: $878

Traditional Rental Income: $1265

Airbnb ROI: 0.47%

Traditional ROI: 3.8%

5974 N Ajuga Court

Ellettsville, IN

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

$222,000

Airbnb cash on cash: -0.66%

Traditional cash on cash: 6.97%

Airbnb Rental Income: $878

Traditional Rental Income: $2147

Airbnb ROI: -0.66%

Traditional ROI: 6.97%

501 S Turtleback Creek Road

Ellettsville, IN

4 beds | 3 baths | 2,322 sq.ft.

$335,000

Airbnb cash on cash: -1.14%

Traditional cash on cash: 6.19%

Airbnb Rental Income: $522

Traditional Rental Income: $2556

Airbnb ROI: -1.14%

Traditional ROI: 6.19%

1934 N Cornerstone Way

Ellettsville, IN

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

$574,900

Airbnb cash on cash: -1.53%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $522

Traditional Rental Income: $2419

Airbnb ROI: -1.53%

Traditional ROI: 2.52%

702 W Association Street

Ellettsville, IN

4 beds | 2 baths | 2,240 sq.ft.

$229,000

Airbnb cash on cash: -1.99%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $522

Traditional Rental Income: $2246

Airbnb ROI: -1.99%

Traditional ROI: 7.24%

354 W Miami Street

Ellettsville, IN

3 beds | 2 baths | 1,008 sq.ft.

$249,900

Airbnb cash on cash: 0.27%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $878

Traditional Rental Income: $1481

Airbnb ROI: 0.27%

Traditional ROI: 4.25%

109 W Ritter Street

Ellettsville, IN

2 beds | 2 baths | 864 sq.ft.

$219,900

Airbnb cash on cash: 1.19%

Traditional cash on cash: 4.03%

Airbnb Rental Income: $1006

Traditional Rental Income: $1241

Airbnb ROI: 1.19%

Traditional ROI: 4.03%

220 S Walnut Street

Ellettsville, IN

2 beds | 2 baths | 1,142 sq.ft.

$225,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 1.58%

Airbnb Rental Income: $1006

Traditional Rental Income: $1004

Airbnb ROI: -0.09%