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: 0.13% Traditional cash on cash: 4.25% Airbnb Rental Income: $1371 Traditional Rental Income: $2610 Airbnb ROI: 0.13% Traditional ROI: 4.25%
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: -1.17% Traditional cash on cash: 2.49% Airbnb Rental Income: $750 Traditional Rental Income: $2419 Airbnb ROI: -1.17% 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: 1.2% Traditional cash on cash: 6.74% Airbnb Rental Income: $1371 Traditional Rental Income: $2159 Airbnb ROI: 1.2% Traditional ROI: 6.74%
524 W Miami Street Ellettsville, IN Updated & Move-In Ready Ranch in Arrowhead Addition! Welcome to this beautiful 3-bedroom, ...	3 beds \| 2 baths \| 1,120 sq.ft.	$274,900	Airbnb cash on cash: 1.62% Traditional cash on cash: 4.06% Airbnb Rental Income: $1371 Traditional Rental Income: $1586 Airbnb ROI: 1.62% Traditional ROI: 4.06%
427 S Birch Street Ellettsville, IN Welcome to this charming home that seamlessly blends comfort, functionality & timeless app...	4 beds \| 3 baths \| 2,072 sq.ft.	$329,900	Airbnb cash on cash: -0.65% Traditional cash on cash: 5.8% Airbnb Rental Income: $750 Traditional Rental Income: $2436 Airbnb ROI: -0.65% Traditional ROI: 5.8%
313 E Ritter Street Ellettsville, IN Charming and move-in ready, this 3-bedroom, 2-bathroom home offers the perfect blend of co...	3 beds \| 2 baths \| 1,404 sq.ft.	$285,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 4.03% Airbnb Rental Income: $1371 Traditional Rental Income: $1574 Airbnb ROI: 1.72% Traditional ROI: 4.03%
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: -1.42% Traditional cash on cash: 2.06% Airbnb Rental Income: $750 Traditional Rental Income: $2462 Airbnb ROI: -1.42% Traditional ROI: 2.06%
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.	$275,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 5.19% Airbnb Rental Income: $750 Traditional Rental Income: $1917 Airbnb ROI: -0.52% Traditional ROI: 5.19%
342 E Briarwood Lane Ellettsville, IN This well maintained 3 bedroom, 2 bath ranch, located in a quiet neighborhood in Paddingto...	3 beds \| 2 baths \| 1,152 sq.ft.	$249,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 4.65% Airbnb Rental Income: $1371 Traditional Rental Income: $1598 Airbnb ROI: 1.92% Traditional ROI: 4.65%
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: 2.36% Traditional cash on cash: 9.16% Airbnb Rental Income: $1371 Traditional Rental Income: $2276 Airbnb ROI: 2.36% 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.	$210,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 6.02% Airbnb Rental Income: $1371 Traditional Rental Income: $1638 Airbnb ROI: 2.58% Traditional ROI: 6.02%
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: 1.81% Traditional cash on cash: 3.7% Airbnb Rental Income: $1371 Traditional Rental Income: $1417 Airbnb ROI: 1.81% Traditional ROI: 3.7%
982 S Lantern Lane Ellettsville, IN Built in 2022, this 3-bedroom, 2-bath ranch sits on a quiet cul-de-sac in Barton Woods wit...	3 beds \| 2 baths \| 2,042 sq.ft.	$469,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 2.61% Airbnb Rental Income: $1371 Traditional Rental Income: $2080 Airbnb ROI: 0.05% Traditional ROI: 2.61%
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.	$235,000	Airbnb cash on cash: 1.42% Traditional cash on cash: 3.02% Airbnb Rental Income: $1371 Traditional Rental Income: $1309 Airbnb ROI: 1.42% Traditional ROI: 3.02%
6275 W Cowden Road Ellettsville, IN Charming home with detached two car garage with work area and large pole barn with tack ro...	2 beds \| 3 baths \| 1,608 sq.ft.	$400,000	Airbnb cash on cash: -0.81% Traditional cash on cash: 3.2% Airbnb Rental Income: $929 Traditional Rental Income: $2091 Airbnb ROI: -0.81% Traditional ROI: 3.2%
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.	$420,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 3.73% Airbnb Rental Income: $750 Traditional Rental Income: $2307 Airbnb ROI: -1.03% Traditional ROI: 3.73%
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: 1.61% Traditional cash on cash: 7.55% Airbnb Rental Income: $929 Traditional Rental Income: $1431 Airbnb ROI: 1.61% 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.	$1,100,000	Airbnb cash on cash: -1.69% Traditional cash on cash: -0.14% Airbnb Rental Income: $929 Traditional Rental Income: $2178 Airbnb ROI: -1.69% Traditional ROI: -0.14%
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.	$374,900	Airbnb cash on cash: -0.69% Traditional cash on cash: 4.42% Airbnb Rental Income: $750 Traditional Rental Income: $2233 Airbnb ROI: -0.69% Traditional ROI: 4.42%
910 S Lantern Lane Ellettsville, IN New Construction Ranch with Walk-Out Basement in Barton Woods! Experience the best of mode...	3 beds \| 2 baths \| 3,533 sq.ft.	$489,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.74% Airbnb Rental Income: $1371 Traditional Rental Income: $2273 Airbnb ROI: 0.86% Traditional ROI: 3.74%
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: 0.97% Traditional cash on cash: 5.28% Airbnb Rental Income: $929 Traditional Rental Income: $1359 Airbnb ROI: 0.97% Traditional ROI: 5.28%
1724 N Ridgeway Drive Ellettsville, IN Every day feels like a well-deserved getaway in this spacious Ellettsville retreat on over...	4 beds \| 4 baths \| 2,412 sq.ft.	$374,900	Airbnb cash on cash: -0.55% Traditional cash on cash: 6.29% Airbnb Rental Income: $750 Traditional Rental Income: $2845 Airbnb ROI: -0.55% Traditional ROI: 6.29%
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: -0.49% Traditional cash on cash: 4.32% Airbnb Rental Income: $1015 Traditional Rental Income: $2750 Airbnb ROI: -0.49% Traditional ROI: 4.32%
7742 N Barr Road Ellettsville, IN Turnkey, packed with extras, and an incredible shop setup, this immaculate 3-bedroom, 3-ba...	3 beds \| 3 baths \| 2,352 sq.ft.	$459,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 3.87% Airbnb Rental Income: $1371 Traditional Rental Income: $2428 Airbnb ROI: 0.44% Traditional ROI: 3.87%
1825 N Ridgeway Drive Ellettsville, IN Well-maintained 3-bedroom, 2.5-bath home in a quiet, established neighborhood within the d...	3 beds \| 3 baths \| 2,454 sq.ft.	$328,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 5.95% Airbnb Rental Income: $1371 Traditional Rental Income: $2383 Airbnb ROI: 1.32% Traditional ROI: 5.95%
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.	$140,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 4.75% Airbnb Rental Income: $929 Traditional Rental Income: $1163 Airbnb ROI: 0.44% Traditional ROI: 4.75%
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.	$240,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 3.09% Airbnb Rental Income: $1371 Traditional Rental Income: $1235 Airbnb ROI: 1.85% Traditional ROI: 3.09%
520 W Hickory Drive Ellettsville, IN Move-in-ready! Great Remodeled Ranch Home in Richland Manors! Loaded with upgrades this 3-...	3 beds \| 1 baths \| 975 sq.ft.	$225,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 3.7% Airbnb Rental Income: $1371 Traditional Rental Income: $1253 Airbnb ROI: 2.29% Traditional ROI: 3.7%
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: 0.06% Traditional cash on cash: 3.38% Airbnb Rental Income: $1371 Traditional Rental Income: $2583 Airbnb ROI: 0.06% 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.	$200,000	Airbnb cash on cash: 2.82% Traditional cash on cash: 5.55% Airbnb Rental Income: $1371 Traditional Rental Income: $1472 Airbnb ROI: 2.82% Traditional ROI: 5.55%
7227 W Mustang Drive Ellettsville, IN Nearly new ranch with premium upgrades, prime location right next to Edgewood Middle Schoo...	4 beds \| 2 baths \| 2,086 sq.ft.	$429,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 3.78% Airbnb Rental Income: $750 Traditional Rental Income: $2318 Airbnb ROI: -0.9% Traditional ROI: 3.78%
5561 W Redbud Drive Ellettsville, IN Charming Two-Story Retreat on 1.58 Acres with Modern Comforts and Timeless Style! This bea...	4 beds \| 3 baths \| 2,511 sq.ft.	$470,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 3.79% Airbnb Rental Income: $750 Traditional Rental Income: $2481 Airbnb ROI: -0.86% Traditional ROI: 3.79%
5560 W REDBUD Drive Ellettsville, IN Welcome to this beautiful home, ready for you to move right in! Sitting on nearly a half-a...	3 beds \| 3 baths \| 2,472 sq.ft.	$450,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 4.17% Airbnb Rental Income: $1371 Traditional Rental Income: $2574 Airbnb ROI: 0.32% Traditional ROI: 4.17%
7600 W Saddle Gate Drive Ellettsville, IN This thoughtfully designed floor plan combines efficiency, style, and high-quality finishe...	5 beds \| 3 baths \| 2,320 sq.ft.	$545,000	Airbnb cash on cash: -0.19% Traditional cash on cash: 3.83% Airbnb Rental Income: $1015 Traditional Rental Income: $2704 Airbnb ROI: -0.19% Traditional ROI: 3.83%
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: 1.66% Traditional cash on cash: 4.18% Airbnb Rental Income: $1371 Traditional Rental Income: $1584 Airbnb ROI: 1.66% Traditional ROI: 4.18%
7241 W Mustang Drive Ellettsville, IN Nestled in a tranquil neighborhood, 7241 Mustang Drive offers the perfect blend of comfort...	3 beds \| 2 baths \| 1,540 sq.ft.	$299,900	Airbnb cash on cash: 1.19% Traditional cash on cash: 4.76% Airbnb Rental Income: $1371 Traditional Rental Income: $1959 Airbnb ROI: 1.19% Traditional ROI: 4.76%
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: -0.72% Traditional cash on cash: 4.61% Airbnb Rental Income: $750 Traditional Rental Income: $2114 Airbnb ROI: -0.72% Traditional ROI: 4.61%
7461 W Mustang Drive Ellettsville, IN Welcome to this inviting ranch-style home designed for comfort, gatherings, and everyday e...	2 beds \| 2 baths \| 1,332 sq.ft.	$234,900	Airbnb cash on cash: 1% Traditional cash on cash: 6.16% Airbnb Rental Income: $929 Traditional Rental Income: $1731 Airbnb ROI: 1% Traditional ROI: 6.16%
620 S Heritage Drive Ellettsville, IN Single-owner home with five bedrooms and two full bathrooms, situated in a quiet, establis...	5 beds \| 2 baths \| 2,200 sq.ft.	$215,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 9.23% Airbnb Rental Income: $1015 Traditional Rental Income: $2363 Airbnb ROI: 0.85% Traditional ROI: 9.23%

Real Estate investment in Ellettsville, IN

There are 39 properties for sale in the city of Ellettsville . The median list price in Ellettsville is $313,950 and the average price per square foot is $169. In October 2025, the average monthly cash on cash return in Ellettsville is 4.00%. The average monthly rental income in Ellettsville is $2,169.

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

There are 39 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 $1,193.

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: 0.13%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $1371

Traditional Rental Income: $2610

Airbnb ROI: 0.13%

Traditional ROI: 4.25%

1934 N Cornerstone Way

Ellettsville, IN

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

$579,500

Airbnb cash on cash: -1.17%

Traditional cash on cash: 2.49%

Airbnb Rental Income: $750

Traditional Rental Income: $2419

Airbnb ROI: -1.17%

Traditional ROI: 2.49%

5944 N Ajuga Court

Ellettsville, IN

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

$230,000

Airbnb cash on cash: 1.2%

Traditional cash on cash: 6.74%

Airbnb Rental Income: $1371

Traditional Rental Income: $2159

Airbnb ROI: 1.2%

Traditional ROI: 6.74%

524 W Miami Street

Ellettsville, IN

3 beds | 2 baths | 1,120 sq.ft.

$274,900

Airbnb cash on cash: 1.62%

Traditional cash on cash: 4.06%

Airbnb Rental Income: $1371

Traditional Rental Income: $1586

Airbnb ROI: 1.62%

Traditional ROI: 4.06%

427 S Birch Street

Ellettsville, IN

4 beds | 3 baths | 2,072 sq.ft.

$329,900

Airbnb cash on cash: -0.65%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $750

Traditional Rental Income: $2436

Airbnb ROI: -0.65%

Traditional ROI: 5.8%

313 E Ritter Street

Ellettsville, IN

3 beds | 2 baths | 1,404 sq.ft.

$285,000

Airbnb cash on cash: 1.72%

Traditional cash on cash: 4.03%

Airbnb Rental Income: $1371

Traditional Rental Income: $1574

Airbnb ROI: 1.72%

Traditional ROI: 4.03%

943 E Nicholas Lane

Ellettsville, IN

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

$624,900

Airbnb cash on cash: -1.42%

Traditional cash on cash: 2.06%

Airbnb Rental Income: $750

Traditional Rental Income: $2462

Airbnb ROI: -1.42%

Traditional ROI: 2.06%

705 N Hanover Glen

Ellettsville, IN

4 beds | 2 baths | 1,420 sq.ft.

$275,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 5.19%

Airbnb Rental Income: $750

Traditional Rental Income: $1917

Airbnb ROI: -0.52%