Real Estate Investment Properties for Sale in Indianapolis, IN

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

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

Condos for Sale in Indianapolis, IN

Search for Condo for Sale in Indianapolis, Indiana. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 148 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
350 N Meridian Street #505 Indianapolis, IN Nestled at 350 N Meridian St Unit 505 in the historic Indianapolis Athletic Club Lofts, th...	1 beds \| 2 baths \| 801 sq.ft.	$219,900	Airbnb cash on cash: 1.09% Traditional cash on cash: -0.16% Airbnb Rental Income: $1851 Traditional Rental Income: $1092 Airbnb ROI: 1.09% Traditional ROI: -0.16%
1009 N Park Avenue Indianapolis, IN Discover unparalleled city living in this sophisticated 2-bedroom, 2.5-bathroom residence,...	2 beds \| 3 baths \| 1,502 sq.ft.	$439,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.52% Airbnb Rental Income: $1852 Traditional Rental Income: $2381 Airbnb ROI: 1.03% Traditional ROI: 3.52%
450 E Ohio Street #118 Indianapolis, IN Discover the ultimate urban lifestyle at The Packard! This lovely condo is everything you'...	2 beds \| 3 baths \| 1,711 sq.ft.	$399,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.55% Airbnb Rental Income: $1852 Traditional Rental Income: $2395 Airbnb ROI: -1.23% Traditional ROI: 1.55%
493 E Arch Street Indianapolis, IN Just steps from Bottleworks, Mass Ave, the Cultural Trail, and some of Indy's best restaur...	2 beds \| 2 baths \| 1,120 sq.ft.	$342,500	Airbnb cash on cash: 1.61% Traditional cash on cash: 1.73% Airbnb Rental Income: $1852 Traditional Rental Income: $1391 Airbnb ROI: 1.61% Traditional ROI: 1.73%
5421 Bay Harbor Drive Indianapolis, IN Don't miss this beautifully renovated 2-bedroom, 2.5-bath condo, thoughtfully designed wit...	2 beds \| 3 baths \| 1,390 sq.ft.	$169,900	Airbnb cash on cash: 3.97% Traditional cash on cash: 6.99% Airbnb Rental Income: $1813 Traditional Rental Income: $1810 Airbnb ROI: 3.97% Traditional ROI: 6.99%
8217 Crook Drive N Indianapolis, IN Cozy cottage vibes, low-maintenance living, and a great location come together at 8217 Cro...	2 beds \| 2 baths \| 1,038 sq.ft.	$225,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 5.12% Airbnb Rental Income: $1380 Traditional Rental Income: $1645 Airbnb ROI: 1.91% Traditional ROI: 5.12%
6526 Jade Stream Court #309 Indianapolis, IN Beautiful 3 bedroom 2 full baths condominium with 1 car garage and storage. Amazing cathe...	3 beds \| 2 baths \| 1,569 sq.ft.	$199,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 6.61% Airbnb Rental Income: $1558 Traditional Rental Income: $1964 Airbnb ROI: 2.11% Traditional ROI: 6.61%
6505 Miramar Court Indianapolis, IN Welcome home to this charming condo in Sun Lakes at Bayside, Lawrence Township. From the m...	2 beds \| 3 baths \| 1,454 sq.ft.	$235,000	Airbnb cash on cash: 2.88% Traditional cash on cash: 7.37% Airbnb Rental Income: $1859 Traditional Rental Income: $2357 Airbnb ROI: 2.88% Traditional ROI: 7.37%
355 E Ohio Street #208 Indianapolis, IN Rare corner unit in the heart of downtown! This 1BR/1.5BA condo features an open layout wi...	1 beds \| 2 baths \| 987 sq.ft.	$277,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 2.53% Airbnb Rental Income: $1851 Traditional Rental Income: $1652 Airbnb ROI: 1.39% Traditional ROI: 2.53%
6231 Amber Creek Lane #312 Indianapolis, IN Seller is offering $2,000 toward either closing costs or rate buy-down points. Additionall...	2 beds \| 2 baths \| 1,375 sq.ft.	$173,000	Airbnb cash on cash: -1.04% Traditional cash on cash: 5.67% Airbnb Rental Income: $966 Traditional Rental Income: $1723 Airbnb ROI: -1.04% Traditional ROI: 5.67%
825 N Delaware Street #2C Indianapolis, IN This super-sweet downtown condo is just what you have been looking for! Excellent location...	2 beds \| 2 baths \| 925 sq.ft.	$265,000	Airbnb cash on cash: 3.25% Traditional cash on cash: 3.73% Airbnb Rental Income: $1852 Traditional Rental Income: $1473 Airbnb ROI: 3.25% Traditional ROI: 3.73%
333 Massachusetts Avenue #507 Indianapolis, IN Luxury Living on Historic Mass Ave 2 Beds + Office \| 2 Baths \| High-Rise Condo \| Premium ...	2 beds \| 2 baths \| 2,545 sq.ft.	$900,000	Airbnb cash on cash: -1.61% Traditional cash on cash: -0.23% Airbnb Rental Income: $1852 Traditional Rental Income: $2514 Airbnb ROI: -1.61% Traditional ROI: -0.23%
122 E 27th Street Indianapolis, IN Located minutes from Downtown Indy, this inviting home offers an exceptional condominium l...	3 beds \| 2 baths \| 1,143 sq.ft.	$150,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 6.29% Airbnb Rental Income: $1298 Traditional Rental Income: $1496 Airbnb ROI: 2.09% Traditional ROI: 6.29%
1 N Illinois Street #2101 Indianapolis, IN You are a rockstar. At least you will feel like one living in this stylish and sexy one of...	3 beds \| 4 baths \| 5,272 sq.ft.	$4,800,000	Airbnb cash on cash: -2.39% Traditional cash on cash: -1.94% Airbnb Rental Income: $1543 Traditional Rental Income: $3109 Airbnb ROI: -2.39% Traditional ROI: -1.94%
7037 Sea Oats Lane Indianapolis, IN Welcome to this updated 2 bedroom, 2.5 bath condo in desirable Spinnaker Cove! Featuring b...	2 beds \| 3 baths \| 1,298 sq.ft.	$223,000	Airbnb cash on cash: 2.95% Traditional cash on cash: 6.64% Airbnb Rental Income: $1859 Traditional Rental Income: $2139 Airbnb ROI: 2.95% Traditional ROI: 6.64%
6402 Friendship Circle Indianapolis, IN Nestled at 6402 Friendship CIR, INDIANAPOLIS, IN, this condominium offers a unique opportu...	2 beds \| 2 baths \| 1,507 sq.ft.	$130,000	Airbnb cash on cash: -4.28% Traditional cash on cash: 1.58% Airbnb Rental Income: $1530 Traditional Rental Income: $1819 Airbnb ROI: -4.28% Traditional ROI: 1.58%
8091 Farmhurst Lane Indianapolis, IN 3BR/2.5BA condo in Shorewalk at Geist. Welcoming covered porch entry leads to LVP flooring...	3 beds \| 3 baths \| 1,747 sq.ft.	$309,900	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.72% Airbnb Rental Income: $1780 Traditional Rental Income: $2128 Airbnb ROI: 0.86% Traditional ROI: 3.72%
233 E Saint Joseph Street #2G Indianapolis, IN Don't miss the opportunity to live in one of Indy's most historic and vibrant neighborhood...	1 beds \| 1 baths \| 880 sq.ft.	$225,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 2.92% Airbnb Rental Income: $1851 Traditional Rental Income: $1544 Airbnb ROI: 2.02% Traditional ROI: 2.92%
6525 Emerald Hill Court #207 Indianapolis, IN Checkout this spacious condominium in a much desired neighborhood. One of the largest 3bd...	3 beds \| 2 baths \| 1,569 sq.ft.	$194,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.35% Airbnb Rental Income: $1558 Traditional Rental Income: $1411 Airbnb ROI: 2.72% Traditional ROI: 4.35%
9552 Maple Way Indianapolis, IN Spacious 2-bedroom, 2-bath condo offers the perfect blend of comfort and convenience. Step...	2 beds \| 2 baths \| 1,463 sq.ft.	$185,000	Airbnb cash on cash: 2.28% Traditional cash on cash: 6.1% Airbnb Rental Income: $1461 Traditional Rental Income: $1702 Airbnb ROI: 2.28% Traditional ROI: 6.1%
5303 Windridge Drive #172 Indianapolis, IN Detached condo in Windridge, gated community for your security. Close to shopping, interst...	2 beds \| 2 baths \| 1,618 sq.ft.	$262,900	Airbnb cash on cash: -1.48% Traditional cash on cash: 3.27% Airbnb Rental Income: $1115 Traditional Rental Income: $1920 Airbnb ROI: -1.48% Traditional ROI: 3.27%
4746 Stoughton Court Indianapolis, IN Welcome to Cobblestone of Eagle Creek-one of the west side's most sought-after neighborhoo...	2 beds \| 2 baths \| 1,365 sq.ft.	$239,000	Airbnb cash on cash: -3.46% Traditional cash on cash: 3.95% Airbnb Rental Income: $322 Traditional Rental Income: $1753 Airbnb ROI: -3.46% Traditional ROI: 3.95%
430 N Park Avenue #502 Indianapolis, IN Lock and leave it at the Lockerbie Glove! This architectural gem has been one of Downtown'...	1 beds \| 1 baths \| 1,197 sq.ft.	$299,000	Airbnb cash on cash: -0.25% Traditional cash on cash: -0.52% Airbnb Rental Income: $1851 Traditional Rental Income: $1277 Airbnb ROI: -0.25% Traditional ROI: -0.52%
6814 Summer Time Drive Indianapolis, IN Great opportunity for investors! This 2-bed, 2-bath ranch-style condo in Indy's Devington...	2 beds \| 2 baths \| 1,078 sq.ft.	$105,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 7.06% Airbnb Rental Income: $991 Traditional Rental Income: $1344 Airbnb ROI: 0.12% Traditional ROI: 7.06%
4212 Foxglove Trace Indianapolis, IN See this maintenance-free condo in the heart of the Timbers. The primary bedroom is locat...	3 beds \| 2 baths \| 1,337 sq.ft.	$139,999	Airbnb cash on cash: -0.18% Traditional cash on cash: 6.05% Airbnb Rental Income: $1253 Traditional Rental Income: $1693 Airbnb ROI: -0.18% Traditional ROI: 6.05%
5821 Cool Hollow Way Indianapolis, IN Step inside and be greeted by gleaming hardwood floors that stretch across a spacious grea...	3 beds \| 3 baths \| 1,983 sq.ft.	$310,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 4.29% Airbnb Rental Income: $1866 Traditional Rental Income: $2303 Airbnb ROI: 1.08% Traditional ROI: 4.29%
7045 Gavin Drive Indianapolis, IN Welcome to 7045 Gavin Drive in Indianapolis-an ideal low-maintenance two-story home offeri...	2 beds \| 3 baths \| 1,304 sq.ft.	$195,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.77% Airbnb Rental Income: $null Traditional Rental Income: $1793 Airbnb ROI: N/A Traditional ROI: 5.77%
7407 Harbour Point Indianapolis, IN This charming two-bedroom condo is nestled in the highly sought-after Harbour Club, a quai...	2 beds \| 1 baths \| 890 sq.ft.	$210,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 2.2% Airbnb Rental Income: $1581 Traditional Rental Income: $1301 Airbnb ROI: 1.34% Traditional ROI: 2.2%
5335 Thornridge Lane Indianapolis, IN Tucked in the charming landscape of Indianapolis, at 5335 Thornridge Lane, this condominiu...	2 beds \| 2 baths \| 1,303 sq.ft.	$215,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 4.89% Airbnb Rental Income: $966 Traditional Rental Income: $1667 Airbnb ROI: -0.27% Traditional ROI: 4.89%
9510 Bay Vista Drive E Indianapolis, IN Roof/siding updated colors being installed in the community! Entirely NEW on the inside! T...	2 beds \| 2 baths \| 2,056 sq.ft.	$245,000	Airbnb cash on cash: 1.9% Traditional cash on cash: 5.11% Airbnb Rental Income: $1859 Traditional Rental Income: $2102 Airbnb ROI: 1.9% Traditional ROI: 5.11%
7962 Valley Farms Court Indianapolis, IN Beautiful Corner-Lot Condo with Creek Views! Situated on a desirable corner lot with a spa...	2 beds \| 1 baths \| 1,179 sq.ft.	$163,000	Airbnb cash on cash: 2.58% Traditional cash on cash: 3.9% Airbnb Rental Income: $1425 Traditional Rental Income: $1203 Airbnb ROI: 2.58% Traditional ROI: 3.9%
11523 Coastal Way Indianapolis, IN Rare THREE bedroom TWO bath paired patio home with OFFICE or Sunroom in great 55+ communit...	3 beds \| 2 baths \| 1,504 sq.ft.	$214,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 4.35% Airbnb Rental Income: $1069 Traditional Rental Income: $1599 Airbnb ROI: -0.05% Traditional ROI: 4.35%
7529 Oceanline Drive Indianapolis, IN Experience the pristine feel of a lakefront home boasting fresh paint, brand new flooring ...	2 beds \| 3 baths \| 1,286 sq.ft.	$216,500	Airbnb cash on cash: 1.44% Traditional cash on cash: 2.67% Airbnb Rental Income: $1425 Traditional Rental Income: $1252 Airbnb ROI: 1.44% Traditional ROI: 2.67%
2922 Eagles Crest Circle #D Indianapolis, IN Charming Move-In Ready 2 Bedroom / 2 bath "Open" Floor Plan Condo. Living Room features a ...	2 beds \| 2 baths \| 1,094 sq.ft.	$145,000	Airbnb cash on cash: 2.65% Traditional cash on cash: 5.95% Airbnb Rental Income: $1425 Traditional Rental Income: $1456 Airbnb ROI: 2.65% Traditional ROI: 5.95%
7724 Eagle Valley Pass Indianapolis, IN This spacious, low maintenance, end unit condo shares only the garage wall and is a short ...	3 beds \| 2 baths \| 1,500 sq.ft.	$159,900	Airbnb cash on cash: 1.44% Traditional cash on cash: 5.67% Airbnb Rental Income: $1299 Traditional Rental Income: $1539 Airbnb ROI: 1.44% Traditional ROI: 5.67%
7971 Cool Hollow Place Indianapolis, IN This updated condo in Stone Bridge, one of Franklin Township's premier low-maintenance nei...	3 beds \| 3 baths \| 2,461 sq.ft.	$329,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 2.78% Airbnb Rental Income: $1866 Traditional Rental Income: $1994 Airbnb ROI: 0.76% Traditional ROI: 2.78%
2725 Palo Verde Court Indianapolis, IN 3 Bed, two full bath listing just $125k, over 1500 Sqft. HOA is responsible for water, sew...	3 beds \| 2 baths \| 1,544 sq.ft.	$125,000	Airbnb cash on cash: 4.44% Traditional cash on cash: 9.76% Airbnb Rental Income: $1620 Traditional Rental Income: $1801 Airbnb ROI: 4.44% Traditional ROI: 9.76%
970 Fort Wayne Avenue #207 Indianapolis, IN Experience the best of downtown living in this updated, industrial-inspired 1-bedroom, 1-b...	1 beds \| 1 baths \| 1,000 sq.ft.	$240,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 1.58% Airbnb Rental Income: $1851 Traditional Rental Income: $1334 Airbnb ROI: 1.67% Traditional ROI: 1.58%
7612 Farm View Circle E Indianapolis, IN Beautifully maintained quad-unit condo in a desirable neighborhood, offering 1,582 square ...	2 beds \| 2 baths \| 1,582 sq.ft.	$220,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 3.57% Airbnb Rental Income: $1380 Traditional Rental Income: $1612 Airbnb ROI: 0.45% Traditional ROI: 3.57%
7433 Prairie Lake Drive Indianapolis, IN You won't want to look past this upgraded end-unit condo in a great community conveniently...	1 beds \| 2 baths \| 1,468 sq.ft.	$222,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 3.98% Airbnb Rental Income: $1073 Traditional Rental Income: $1724 Airbnb ROI: -0.84% Traditional ROI: 3.98%

Your search for investment property begins and ends here

Condos for Sale in Indianapolis, IN

350 N Meridian Street #505

Indianapolis, IN

1 beds | 2 baths | 801 sq.ft.

$219,900

Airbnb cash on cash: 1.09%

Traditional cash on cash: -0.16%

Airbnb Rental Income: $1851

Traditional Rental Income: $1092

Airbnb ROI: 1.09%

Traditional ROI: -0.16%

1009 N Park Avenue

Indianapolis, IN

2 beds | 3 baths | 1,502 sq.ft.

$439,900

Airbnb cash on cash: 1.03%

Traditional cash on cash: 3.52%

Airbnb Rental Income: $1852

Traditional Rental Income: $2381

Airbnb ROI: 1.03%

Traditional ROI: 3.52%

450 E Ohio Street #118

Indianapolis, IN

2 beds | 3 baths | 1,711 sq.ft.

$399,000

Airbnb cash on cash: -1.23%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $1852

Traditional Rental Income: $2395

Airbnb ROI: -1.23%

Traditional ROI: 1.55%

493 E Arch Street

Indianapolis, IN

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

$342,500

Airbnb cash on cash: 1.61%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $1852

Traditional Rental Income: $1391

Airbnb ROI: 1.61%

Traditional ROI: 1.73%

5421 Bay Harbor Drive

Indianapolis, IN

2 beds | 3 baths | 1,390 sq.ft.

$169,900

Airbnb cash on cash: 3.97%

Traditional cash on cash: 6.99%

Airbnb Rental Income: $1813

Traditional Rental Income: $1810

Airbnb ROI: 3.97%

Traditional ROI: 6.99%

8217 Crook Drive N

Indianapolis, IN

2 beds | 2 baths | 1,038 sq.ft.

$225,000

Airbnb cash on cash: 1.91%

Traditional cash on cash: 5.12%

Airbnb Rental Income: $1380

Traditional Rental Income: $1645

Airbnb ROI: 1.91%

Traditional ROI: 5.12%

6526 Jade Stream Court #309

Indianapolis, IN

3 beds | 2 baths | 1,569 sq.ft.

$199,900

Airbnb cash on cash: 2.11%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $1558

Traditional Rental Income: $1964

Airbnb ROI: 2.11%

Traditional ROI: 6.61%

6505 Miramar Court

Indianapolis, IN

2 beds | 3 baths | 1,454 sq.ft.

$235,000

Airbnb cash on cash: 2.88%

Traditional cash on cash: 7.37%

Airbnb Rental Income: $1859

Traditional Rental Income: $2357

Airbnb ROI: 2.88%