Real Estate Investment Properties for Sale in Hanover, IN

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

Explore a variety of short-term homes & houses in Hanover, IN. Invest wisely with VRBO & Hanover, 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 Hanover, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2610 S College Hills Dr Hanover, IN Spacious 3 bedroom home on just under ONE ACRE. Wood burning fireplace in the front livin...	3 beds \| 2 baths \| 2,074 sq.ft.	$274,900	Airbnb cash on cash: 3.46% Traditional cash on cash: 6.69% Airbnb Rental Income: $1833 Traditional Rental Income: $2176 Airbnb ROI: 3.46% Traditional ROI: 6.69%
4146 W State Road 56 Hanover, IN Prime Land Opportunity for Investors and Developers! Take advantage of the expansion of Ha...	3 beds \| 2 baths \| 2,088 sq.ft.	$490,000	Airbnb cash on cash: 1.13% Traditional cash on cash: 3.12% Airbnb Rental Income: $1833 Traditional Rental Income: $2249 Airbnb ROI: 1.13% Traditional ROI: 3.12%
4680 W Butler Falls Dr Hanover, IN Seller is OFFERING to help with Buyer's Closing Costs or Rate Buy Down! Check out this bea...	3 beds \| 2 baths \| 1,816 sq.ft.	$339,900	Airbnb cash on cash: 2.34% Traditional cash on cash: 6.45% Airbnb Rental Income: $1833 Traditional Rental Income: $2651 Airbnb ROI: 2.34% Traditional ROI: 6.45%
321 E Main St Hanover, IN 321 E Main St, Hanover, IN 47243 \| Single Family Residential	4 beds \| 4 baths \| 2,782 sq.ft.	$425,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 6.74% Airbnb Rental Income: $2416 Traditional Rental Income: $3512 Airbnb ROI: 2.5% Traditional ROI: 6.74%
152 Williamson Dr Hanover, IN 152 Williamson Dr, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,350 sq.ft.	$269,900	Airbnb cash on cash: 3.05% Traditional cash on cash: 5.51% Airbnb Rental Income: $1833 Traditional Rental Income: $1964 Airbnb ROI: 3.05% Traditional ROI: 5.51%
1817 S Carmel Rd Hanover, IN 1817 S Carmel Rd, Hanover, IN 47243 \| Single Family Residential	3 beds \| 3 baths \| 1,568 sq.ft.	$429,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 3.52% Airbnb Rental Income: $1833 Traditional Rental Income: $2254 Airbnb ROI: 1.25% Traditional ROI: 3.52%
3632+ W SR 56 Hanover, IN 3632+ W SR 56, Hanover, IN 47243 \| Other	N/A beds \| N/A baths \| N/A	$169,900	Airbnb cash on cash: 3.75% Traditional cash on cash: 2.52% Airbnb Rental Income: $1425 Traditional Rental Income: $799 Airbnb ROI: 3.75% Traditional ROI: 2.52%
2535+ Harrell St Hanover, IN 2535+ Harrell St, Hanover, IN 47243 \| Other	N/A beds \| N/A baths \| N/A	$179,900	Airbnb cash on cash: 3.45% Traditional cash on cash: 2.28% Airbnb Rental Income: $1425 Traditional Rental Income: $799 Airbnb ROI: 3.45% Traditional ROI: 2.28%
216 Smith Ln Hanover, IN 216 Smith Ln, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,615 sq.ft.	$249,900	Airbnb cash on cash: 3.43% Traditional cash on cash: 6.53% Airbnb Rental Income: $1833 Traditional Rental Income: $2069 Airbnb ROI: 3.43% Traditional ROI: 6.53%
342 W Lagrange Rd Hanover, IN 342 W Lagrange Rd, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,109 sq.ft.	$199,900	Airbnb cash on cash: 4.72% Traditional cash on cash: 6.86% Airbnb Rental Income: $1833 Traditional Rental Income: $1744 Airbnb ROI: 4.72% Traditional ROI: 6.86%
5961 W State Road 56 Hanover, IN 5961 W State Road 56, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,596 sq.ft.	$289,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 5.55% Airbnb Rental Income: $1833 Traditional Rental Income: $2111 Airbnb ROI: 2.72% Traditional ROI: 5.55%
2167 S Elizabeth Dr Hanover, IN 2167 S Elizabeth Dr, Hanover, IN 47243 \| Single Family Residential	2 beds \| 1 baths \| 672 sq.ft.	$119,900	Airbnb cash on cash: 7.84% Traditional cash on cash: 7.56% Airbnb Rental Income: $1682 Traditional Rental Income: $1180 Airbnb ROI: 7.84% Traditional ROI: 7.56%
48 SW Paine St Hanover, IN 48 SW Paine St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,660 sq.ft.	$289,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 6.27% Airbnb Rental Income: $1833 Traditional Rental Income: $2307 Airbnb ROI: 2.72% Traditional ROI: 6.27%
572 S Grange Hall Hanover, IN 572 S Grange Hall, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,797 sq.ft.	$219,000	Airbnb cash on cash: 4.16% Traditional cash on cash: 8.6% Airbnb Rental Income: $1833 Traditional Rental Income: $2259 Airbnb ROI: 4.16% Traditional ROI: 8.6%
2933 S Saluda Hill Rd Hanover, IN 2933 S Saluda Hill Rd, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,280 sq.ft.	$1,000,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 0.06% Airbnb Rental Income: $1833 Traditional Rental Income: $1865 Airbnb ROI: -0.51% Traditional ROI: 0.06%
308 Garrison St Hanover, IN 308 Garrison St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,300 sq.ft.	$249,900	Airbnb cash on cash: 3.43% Traditional cash on cash: 6.25% Airbnb Rental Income: $1833 Traditional Rental Income: $2003 Airbnb ROI: 3.43% Traditional ROI: 6.25%
119 Madison Ave Hanover, IN 119 Madison Ave, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,994 sq.ft.	$399,900	Airbnb cash on cash: 1.48% Traditional cash on cash: 3.85% Airbnb Rental Income: $1833 Traditional Rental Income: $2226 Airbnb ROI: 1.48% Traditional ROI: 3.85%
2549 S College Hills Dr Hanover, IN 2549 S College Hills Dr, Hanover, IN 47243 \| Other	N/A beds \| N/A baths \| N/A	$85,000	Airbnb cash on cash: 9.03% Traditional cash on cash: 8.06% Airbnb Rental Income: $1425 Traditional Rental Income: $918 Airbnb ROI: 9.03% Traditional ROI: 8.06%
105 W Greene Ct Hanover, IN 105 W Greene Ct, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,850 sq.ft.	$429,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 3.87% Airbnb Rental Income: $1833 Traditional Rental Income: $2394 Airbnb ROI: 1.25% Traditional ROI: 3.87%
306 Garrison St Hanover, IN 306 Garrison St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,450 sq.ft.	$295,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 5.59% Airbnb Rental Income: $1833 Traditional Rental Income: $2159 Airbnb ROI: 2.64% Traditional ROI: 5.59%
60 S West Paine St Hanover, IN 60 S West Paine St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,800 sq.ft.	$379,900	Airbnb cash on cash: 1.65% Traditional cash on cash: 4.51% Airbnb Rental Income: $1833 Traditional Rental Income: $2357 Airbnb ROI: 1.65% Traditional ROI: 4.51%
100 Locust St Hanover, IN Stunningly remodeled 4 bed, 3 bath home just steps from the school in Hanover, IN. Move in...	4 beds \| 3 baths \| 1,736 sq.ft.	$289,900	Airbnb cash on cash: 4.5% Traditional cash on cash: 7.17% Airbnb Rental Income: $2416 Traditional Rental Income: $2554 Airbnb ROI: 4.5% Traditional ROI: 7.17%
68 S West Paine St Hanover, IN 68 S West Paine St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,700 sq.ft.	$359,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 4.78% Airbnb Rental Income: $1833 Traditional Rental Income: $2331 Airbnb ROI: 1.84% Traditional ROI: 4.78%
106 W 1st St Hanover, IN Move-in ready and full of value! This 3-bedroom, 1-bath home offers approximately 1,000 sq...	3 beds \| 1 baths \| 1,000 sq.ft.	$169,900	Airbnb cash on cash: 5.85% Traditional cash on cash: 7.66% Airbnb Rental Income: $1833 Traditional Rental Income: $1632 Airbnb ROI: 5.85% Traditional ROI: 7.66%
302 Garrison St Hanover, IN 302 Garrison St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,450 sq.ft.	$319,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 5% Airbnb Rental Income: $1833 Traditional Rental Income: $2153 Airbnb ROI: 2.3% Traditional ROI: 5%
130 W Greene Ct Hanover, IN 130 W Greene Ct, Hanover, IN 47243 \| Single Family Residential	4 beds \| 2 baths \| 1,950 sq.ft.	$410,000	Airbnb cash on cash: 2.66% Traditional cash on cash: 4.29% Airbnb Rental Income: $2416 Traditional Rental Income: $2449 Airbnb ROI: 2.66% Traditional ROI: 4.29%
20 S West Paine St Hanover, IN 20 S West Paine St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,600 sq.ft.	$359,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 4.65% Airbnb Rental Income: $1833 Traditional Rental Income: $2286 Airbnb ROI: 1.84% Traditional ROI: 4.65%
3668 W Saluda Hill Rd Hanover, IN 3668 W Saluda Hill Rd, Hanover, IN 47243 \| Other	N/A beds \| N/A baths \| N/A	$399,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 0.33% Airbnb Rental Income: $1425 Traditional Rental Income: $905 Airbnb ROI: 0.58% Traditional ROI: 0.33%
155 Williamson Rd Hanover, IN 155 Williamson Rd, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,320 sq.ft.	$279,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 5.39% Airbnb Rental Income: $1833 Traditional Rental Income: $2002 Airbnb ROI: 2.88% Traditional ROI: 5.39%
3002 S Hanover Saluda Rd Hanover, IN 3002 S Hanover Saluda Rd, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,890 sq.ft.	$329,900	Airbnb cash on cash: 2.17% Traditional cash on cash: 5.28% Airbnb Rental Income: $1833 Traditional Rental Income: $2301 Airbnb ROI: 2.17% Traditional ROI: 5.28%
63 S West Paine St Hanover, IN Be one of the first to experience this new build in Hanover's sought after subdivision. Th...	3 beds \| 2 baths \| 1,900 sq.ft.	$339,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 6.54% Airbnb Rental Income: $1833 Traditional Rental Income: $2505 Airbnb ROI: 2.89% Traditional ROI: 6.54%
2695 S Tull Road Hanover, IN Roomy Transitional home on 1.26 acre lot. 4 bedroom, 3 bath. Over 5,000 total square feet....	4 beds \| 3 baths \| 2,834 sq.ft.	$355,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 4.48% Airbnb Rental Income: $2416 Traditional Rental Income: $2199 Airbnb ROI: 3.35% Traditional ROI: 4.48%
245 Glad St Hanover, IN Solid opportunity in Hanover! This 3 bed, 1 bath home offers a functional layout, a garage...	3 beds \| 1 baths \| 1,025 sq.ft.	$125,000	Airbnb cash on cash: 9.13% Traditional cash on cash: 10.82% Airbnb Rental Income: $1833 Traditional Rental Income: $1542 Airbnb ROI: 9.13% Traditional ROI: 10.82%
8757 S 450 Hanover, IN Charming one level ranch on 2.63 private acres in rural Jefferson County. Perfect blend of...	3 beds \| 2 baths \| 1,779 sq.ft.	$294,500	Airbnb cash on cash: 2.65% Traditional cash on cash: 6.11% Airbnb Rental Income: $1833 Traditional Rental Income: $2300 Airbnb ROI: 2.65% Traditional ROI: 6.11%
8757 S 450 W Hanover, IN Charming one level ranch on 2.63 private acres in rural Jefferson County. Perfect blend of...	3 beds \| 2 baths \| 1,779 sq.ft.	$294,500	Airbnb cash on cash: 2.65% Traditional cash on cash: 7.51% Airbnb Rental Income: $1833 Traditional Rental Income: $2686 Airbnb ROI: 2.65% Traditional ROI: 7.51%
123 N Sycamore Dr Hanover, IN Beautifully renovated 3 bedroom, 1 bath home in a desirable Hanover subdivision on Sycamor...	3 beds \| 1 baths \| 960 sq.ft.	$198,500	Airbnb cash on cash: 4.98% Traditional cash on cash: 6.39% Airbnb Rental Income: $1833 Traditional Rental Income: $1603 Airbnb ROI: 4.98% Traditional ROI: 6.39%

Real Estate investment in Hanover, IN

There are 36 properties for sale in the city of Hanover . The median list price in Hanover is $239,856 and the average price per square foot is $127. In September 2026, the average monthly cash on cash return in Hanover is 6.00%. The average monthly rental income in Hanover is $2,168.

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

There are 36 investment properties available for sale in Hanover.

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

The ROI for Long-Term is higher than the Short-Term in Hanover with average rental income of $2,168.

Your search for investment property begins and ends here

Investment Property for Sale in Hanover, IN

2610 S College Hills Dr

Hanover, IN

3 beds | 2 baths | 2,074 sq.ft.

$274,900

Airbnb cash on cash: 3.46%

Traditional cash on cash: 6.69%

Airbnb Rental Income: $1833

Traditional Rental Income: $2176

Airbnb ROI: 3.46%

Traditional ROI: 6.69%

4146 W State Road 56

Hanover, IN

3 beds | 2 baths | 2,088 sq.ft.

$490,000

Airbnb cash on cash: 1.13%

Traditional cash on cash: 3.12%

Airbnb Rental Income: $1833

Traditional Rental Income: $2249

Airbnb ROI: 1.13%

Traditional ROI: 3.12%

4680 W Butler Falls Dr

Hanover, IN

3 beds | 2 baths | 1,816 sq.ft.

$339,900

Airbnb cash on cash: 2.34%

Traditional cash on cash: 6.45%

Airbnb Rental Income: $1833

Traditional Rental Income: $2651

Airbnb ROI: 2.34%

Traditional ROI: 6.45%

321 E Main St

Hanover, IN

4 beds | 4 baths | 2,782 sq.ft.

$425,000

Airbnb cash on cash: 2.5%

Traditional cash on cash: 6.74%

Airbnb Rental Income: $2416

Traditional Rental Income: $3512

Airbnb ROI: 2.5%

Traditional ROI: 6.74%

152 Williamson Dr

Hanover, IN

3 beds | 2 baths | 1,350 sq.ft.

$269,900

Airbnb cash on cash: 3.05%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $1833

Traditional Rental Income: $1964

Airbnb ROI: 3.05%

Traditional ROI: 5.51%

1817 S Carmel Rd

Hanover, IN

3 beds | 3 baths | 1,568 sq.ft.

$429,900

Airbnb cash on cash: 1.25%

Traditional cash on cash: 3.52%

Airbnb Rental Income: $1833

Traditional Rental Income: $2254

Airbnb ROI: 1.25%

Traditional ROI: 3.52%

3632+ W SR 56

Hanover, IN

N/A beds | N/A baths | N/A

$169,900

Airbnb cash on cash: 3.75%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $1425

Traditional Rental Income: $799

Airbnb ROI: 3.75%

Traditional ROI: 2.52%

2535+ Harrell St

Hanover, IN

N/A beds | N/A baths | N/A

$179,900

Airbnb cash on cash: 3.45%

Traditional cash on cash: 2.28%

Airbnb Rental Income: $1425

Traditional Rental Income: $799

Airbnb ROI: 3.45%