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
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.	$498,500	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.05% Airbnb Rental Income: $1527 Traditional Rental Income: $2249 Airbnb ROI: 0.55% Traditional ROI: 3.05%
2271 S Bluff Run Drive Hanover, IN Price Improvement! RIVER VIEW!!! Relax on the back porch and watch the boats. This home...	3 beds \| 2 baths \| 1,250 sq.ft.	$275,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 5.62% Airbnb Rental Income: $1527 Traditional Rental Income: $2027 Airbnb ROI: 1.98% Traditional ROI: 5.62%
140 W Marion Drive Hanover, IN Welcome to Jefferson Manor Phase 2 in Hanover! This move-in-ready custom ranch offers 3 be...	3 beds \| 2 baths \| 1,700 sq.ft.	$344,900	Airbnb cash on cash: 1.63% Traditional cash on cash: 6.38% Airbnb Rental Income: $1527 Traditional Rental Income: $2621 Airbnb ROI: 1.63% Traditional ROI: 6.38%
63 S West Paine Street 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.	$399,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 5.44% Airbnb Rental Income: $1527 Traditional Rental Income: $2505 Airbnb ROI: 1.64% Traditional ROI: 5.44%
247 Spruce Lane Hanover, IN Lovely Ranch home on quiet street. Over 1700 square feet of living space. Family Room feat...	3 beds \| 1 baths \| 1,710 sq.ft.	$219,000	Airbnb cash on cash: 3.24% Traditional cash on cash: 7.4% Airbnb Rental Income: $1527 Traditional Rental Income: $1947 Airbnb ROI: 3.24% Traditional ROI: 7.4%
7945 S Saluda Paynesville Road Hanover, IN Step into history with this unique 3-bedroom, 1-bath home situated on over 2 peaceful acre...	3 beds \| 1 baths \| 1,282 sq.ft.	$185,000	Airbnb cash on cash: 4.18% Traditional cash on cash: 10.52% Airbnb Rental Income: $1527 Traditional Rental Income: $2199 Airbnb ROI: 4.18% Traditional ROI: 10.52%
370 Thornton Rd Hanover, IN Step into the charm of this classic 4-bedroom, 1.5-bath Federal-style home set on 1.65 pea...	4 beds \| 2 baths \| 2,436 sq.ft.	$259,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 8.34% Airbnb Rental Income: $1516 Traditional Rental Income: $2499 Airbnb ROI: 2.51% Traditional ROI: 8.34%
370 Thornton Hanover, IN Step into the charm of this classic 4-bedroom, 1.5-bath Federal-style home set on 1.65 pea...	4 beds \| 2 baths \| 2,436 sq.ft.	$259,000	Airbnb cash on cash: 2.51% Traditional cash on cash: 8.84% Airbnb Rental Income: $1516 Traditional Rental Income: $2620 Airbnb ROI: 2.51% Traditional ROI: 8.84%
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: 0.62% Traditional cash on cash: 6.74% Airbnb Rental Income: $1516 Traditional Rental Income: $3512 Airbnb ROI: 0.62% 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: 2.05% Traditional cash on cash: 5.51% Airbnb Rental Income: $1527 Traditional Rental Income: $1964 Airbnb ROI: 2.05% Traditional ROI: 5.51%
151 Williamson St Hanover, IN 151 Williamson St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,300 sq.ft.	$254,900	Airbnb cash on cash: 2.27% Traditional cash on cash: 5.66% Airbnb Rental Income: $1527 Traditional Rental Income: $1900 Airbnb ROI: 2.27% Traditional ROI: 5.66%
111 N Main Cross St Hanover, IN 111 N Main Cross St, Hanover, IN 47243 \| Single Family Residential	4 beds \| 2 baths \| 2,182 sq.ft.	$249,999	Airbnb cash on cash: 2.31% Traditional cash on cash: 5.3% Airbnb Rental Income: $1516 Traditional Rental Income: $1780 Airbnb ROI: 2.31% Traditional ROI: 5.3%
533 Hanover Dr Hanover, IN	3 beds \| 2 baths \| 1,372 sq.ft.	$199,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 6.18% Airbnb Rental Income: $1527 Traditional Rental Income: $1615 Airbnb ROI: 3.38% Traditional ROI: 6.18%
1817 S Carmel Rd Hanover, IN 1817 S Carmel Rd, Hanover, IN 47243 \| Single Family Residential	3 beds \| 3 baths \| 1,568 sq.ft.	$459,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 3.18% Airbnb Rental Income: $1527 Traditional Rental Income: $2254 Airbnb ROI: 0.46% Traditional ROI: 3.18%
181 S Birch St Hanover, IN 181 S Birch St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,540 sq.ft.	$284,900	Airbnb cash on cash: 1.85% Traditional cash on cash: 5.52% Airbnb Rental Income: $1527 Traditional Rental Income: $2070 Airbnb ROI: 1.85% Traditional ROI: 5.52%
245 & 257 W Second St Hanover, IN 245 & 257 W Second St, Hanover, IN 47243 \| Single Family Residential	2 beds \| 1 baths \| 1,197 sq.ft.	$375,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 1.71% Airbnb Rental Income: $1530 Traditional Rental Income: $1344 Airbnb ROI: 0.98% Traditional ROI: 1.71%
379 Garrison St Hanover, IN 379 Garrison St, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,450 sq.ft.	$295,000	Airbnb cash on cash: 1.72% Traditional cash on cash: 3.64% Airbnb Rental Income: $1527 Traditional Rental Income: $1615 Airbnb ROI: 1.72% Traditional ROI: 3.64%
120 W Greene Ct Hanover, IN 120 W Greene Ct, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,600 sq.ft.	$359,900	Airbnb cash on cash: 1.09% Traditional cash on cash: 2.66% Airbnb Rental Income: $1527 Traditional Rental Income: $1615 Airbnb ROI: 1.09% Traditional ROI: 2.66%
154 Williamson Dr Hanover, IN 154 Williamson Dr, Hanover, IN 47243 \| Single Family Residential	3 beds \| 2 baths \| 1,300 sq.ft.	$249,900	Airbnb cash on cash: 2.35% Traditional cash on cash: 4.61% Airbnb Rental Income: $1527 Traditional Rental Income: $1615 Airbnb ROI: 2.35% Traditional ROI: 4.61%
3632+ W SR 56 Hanover, IN 3632+ W SR 56, Hanover, IN 47243 \| Other	N/A beds \| N/A baths \| N/A	$179,500	Airbnb cash on cash: 5.47% Traditional cash on cash: 2.29% Airbnb Rental Income: $1838 Traditional Rental Income: $799 Airbnb ROI: 5.47% Traditional ROI: 2.29%
6011 S Saluda Paynesville Rd Hanover, IN 6011 S Saluda Paynesville Rd, Hanover, IN 47243 \| Other	N/A beds \| N/A baths \| N/A	$190,900	Airbnb cash on cash: 5.05% Traditional cash on cash: 2.05% Airbnb Rental Income: $1838 Traditional Rental Income: $799 Airbnb ROI: 5.05% Traditional ROI: 2.05%
5000+ Linda Ln Hanover, IN 5000+ Linda Ln, Hanover, IN 47243 \| Other	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 6.87% Traditional cash on cash: 3.08% Airbnb Rental Income: $1838 Traditional Rental Income: $799 Airbnb ROI: 6.87% Traditional ROI: 3.08%

Real Estate investment in Hanover, IN

There are 22 properties for sale in the city of Hanover . The median list price in Hanover is $290,000 and the average price per square foot is $153. In January 2026, the average monthly cash on cash return in Hanover is 5.00%. The average monthly rental income in Hanover is $1,615.

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

There are 22 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 $1,615.

Your search for investment property begins and ends here

Investment Property for Sale in Hanover, IN

4146 W State Road 56

Hanover, IN

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

$498,500

Airbnb cash on cash: 0.55%

Traditional cash on cash: 3.05%

Airbnb Rental Income: $1527

Traditional Rental Income: $2249

Airbnb ROI: 0.55%

Traditional ROI: 3.05%

2271 S Bluff Run Drive

Hanover, IN

3 beds | 2 baths | 1,250 sq.ft.

$275,000

Airbnb cash on cash: 1.98%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $1527

Traditional Rental Income: $2027

Airbnb ROI: 1.98%

Traditional ROI: 5.62%

140 W Marion Drive

Hanover, IN

3 beds | 2 baths | 1,700 sq.ft.

$344,900

Airbnb cash on cash: 1.63%

Traditional cash on cash: 6.38%

Airbnb Rental Income: $1527

Traditional Rental Income: $2621

Airbnb ROI: 1.63%

Traditional ROI: 6.38%

63 S West Paine Street

Hanover, IN

3 beds | 2 baths | 1,900 sq.ft.

$399,000

Airbnb cash on cash: 1.64%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1527

Traditional Rental Income: $2505

Airbnb ROI: 1.64%

Traditional ROI: 5.44%

247 Spruce Lane

Hanover, IN

3 beds | 1 baths | 1,710 sq.ft.

$219,000

Airbnb cash on cash: 3.24%

Traditional cash on cash: 7.4%

Airbnb Rental Income: $1527

Traditional Rental Income: $1947

Airbnb ROI: 3.24%

Traditional ROI: 7.4%

7945 S Saluda Paynesville Road

Hanover, IN

3 beds | 1 baths | 1,282 sq.ft.

$185,000

Airbnb cash on cash: 4.18%

Traditional cash on cash: 10.52%

Airbnb Rental Income: $1527

Traditional Rental Income: $2199

Airbnb ROI: 4.18%

Traditional ROI: 10.52%

370 Thornton Rd

Hanover, IN

4 beds | 2 baths | 2,436 sq.ft.

$259,000

Airbnb cash on cash: 2.51%

Traditional cash on cash: 8.34%

Airbnb Rental Income: $1516

Traditional Rental Income: $2499

Airbnb ROI: 2.51%

Traditional ROI: 8.34%

370 Thornton

Hanover, IN

4 beds | 2 baths | 2,436 sq.ft.

$259,000

Airbnb cash on cash: 2.51%

Traditional cash on cash: 8.84%

Airbnb Rental Income: $1516

Traditional Rental Income: $2620

Airbnb ROI: 2.51%