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 152 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
429 N Pennsylvania Street #904 Indianapolis, IN Must See!! Luxurious downtown 2 bed / 2.5 bath 9th floor penthouse condo in popular Resid...	2 beds \| 3 baths \| 2,745 sq.ft.	$1,395,000	Airbnb cash on cash: -2.86% Traditional cash on cash: -1.23% Airbnb Rental Income: $991 Traditional Rental Income: $2760 Airbnb ROI: -2.86% Traditional ROI: -1.23%
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: -3.15% Traditional cash on cash: 1.55% Airbnb Rental Income: $991 Traditional Rental Income: $2395 Airbnb ROI: -3.15% Traditional ROI: 1.55%
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.	$189,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 7.04% Airbnb Rental Income: $1258 Traditional Rental Income: $1964 Airbnb ROI: 0.89% Traditional ROI: 7.04%
4813 Kelvington Drive Indianapolis, IN This inviting home is ready for you to move in and begin creating lasting memories in this...	3 beds \| 2 baths \| 1,326 sq.ft.	$199,999	Airbnb cash on cash: 1.57% Traditional cash on cash: 8.72% Airbnb Rental Income: $1204 Traditional Rental Income: $2172 Airbnb ROI: 1.57% Traditional ROI: 8.72%
2674 Lakeshire Lane Indianapolis, IN Look no further! This charming 2 bedroom, 2-bathroom end-unit condo has plenty to offer. N...	2 beds \| 2 baths \| 2,154 sq.ft.	$199,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 6.61% Airbnb Rental Income: $1859 Traditional Rental Income: $2019 Airbnb ROI: 3.14% Traditional ROI: 6.61%
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: 0.38% Traditional cash on cash: 3.73% Airbnb Rental Income: $991 Traditional Rental Income: $1473 Airbnb ROI: 0.38% 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: -2.47% Traditional cash on cash: -0.23% Airbnb Rental Income: $991 Traditional Rental Income: $2514 Airbnb ROI: -2.47% Traditional ROI: -0.23%
450 E Ohio Street #321 Indianapolis, IN Welcome to The Packard in the heart of downtown Indianapolis! This 2-bedroom, 3-bath condo...	2 beds \| 3 baths \| 1,536 sq.ft.	$374,000	Airbnb cash on cash: -1.14% Traditional cash on cash: 4.21% Airbnb Rental Income: $991 Traditional Rental Income: $2514 Airbnb ROI: -1.14% Traditional ROI: 4.21%
4230 Woodsage Trace Indianapolis, IN Come home to your private piece of serenity every day! Enjoy the large wood deck offers fa...	3 beds \| 2 baths \| 1,337 sq.ft.	$138,900	Airbnb cash on cash: -0.47% Traditional cash on cash: 10.24% Airbnb Rental Income: $1048 Traditional Rental Income: $2111 Airbnb ROI: -0.47% Traditional ROI: 10.24%
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.	$299,900	Airbnb cash on cash: 0.05% Traditional cash on cash: 3.87% Airbnb Rental Income: $1487 Traditional Rental Income: $2128 Airbnb ROI: 0.05% Traditional ROI: 3.87%
611 N Park Avenue #511 Indianapolis, IN Come experience what downtown home ownership can be! The Real Silk building is an archite...	2 beds \| 2 baths \| 1,420 sq.ft.	$474,900	Airbnb cash on cash: -2.33% Traditional cash on cash: 0.2% Airbnb Rental Income: $991 Traditional Rental Income: $1760 Airbnb ROI: -2.33% Traditional ROI: 0.2%
441 N Park Avenue #4 Indianapolis, IN This stylish 2-bedroom, 2-bath ground-floor loft condo is tucked away in an intimate four-...	2 beds \| 2 baths \| 1,267 sq.ft.	$349,000	Airbnb cash on cash: -1.91% Traditional cash on cash: 1.09% Airbnb Rental Income: $991 Traditional Rental Income: $1622 Airbnb ROI: -1.91% Traditional ROI: 1.09%
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.	$252,900	Airbnb cash on cash: -1.7% Traditional cash on cash: 3.44% Airbnb Rental Income: $1058 Traditional Rental Income: $1920 Airbnb ROI: -1.7% Traditional ROI: 3.44%
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: -2.92% Traditional cash on cash: -0.52% Airbnb Rental Income: $950 Traditional Rental Income: $1277 Airbnb ROI: -2.92% Traditional ROI: -0.52%
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: -1.46% Traditional cash on cash: 6.05% Airbnb Rental Income: $1048 Traditional Rental Income: $1693 Airbnb ROI: -1.46% Traditional ROI: 6.05%
5821 Cool Hollow Way Indianapolis, IN Step inside and be greeted by newer vinyl plank flooring that stretches across a spacious ...	3 beds \| 3 baths \| 1,983 sq.ft.	$310,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 4.29% Airbnb Rental Income: $1660 Traditional Rental Income: $2303 Airbnb ROI: 0.49% Traditional ROI: 4.29%
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.	$160,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 3.99% Airbnb Rental Income: $1363 Traditional Rental Income: $1203 Airbnb ROI: 2.31% Traditional ROI: 3.99%
4907 Tuscany Lane Indianapolis, IN Enjoy spacious condo living in this unique 3-bedroom, 2.5 bath home-most others in the are...	3 beds \| 3 baths \| 1,567 sq.ft.	$211,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 8.66% Airbnb Rental Income: $1211 Traditional Rental Income: $2524 Airbnb ROI: 0.14% Traditional ROI: 8.66%
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: 1.19% Traditional cash on cash: 2.67% Airbnb Rental Income: $1363 Traditional Rental Income: $1252 Airbnb ROI: 1.19% Traditional ROI: 2.67%
420 Bent Tree Lane #4 Indianapolis, IN Move right into this beautifully renovated end-unit condo in the desirable neighborhood of...	2 beds \| 3 baths \| 2,230 sq.ft.	$465,000	Airbnb cash on cash: -1.27% Traditional cash on cash: 0.6% Airbnb Rental Income: $1439 Traditional Rental Income: $1822 Airbnb ROI: -1.27% Traditional ROI: 0.6%
2502 Chaseway Court Indianapolis, IN Fresh, stylish 2-Bedroom, 2.5-Bath Condo! Step inside this fully refreshed home featuring ...	2 beds \| 3 baths \| 1,594 sq.ft.	$199,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 3.68% Airbnb Rental Income: $1859 Traditional Rental Income: $1503 Airbnb ROI: 2.93% Traditional ROI: 3.68%
5274 Windridge Drive Indianapolis, IN Here's your idyllic retreat in a true Brown County setting, but it's inside the beltway in...	2 beds \| 2 baths \| 1,460 sq.ft.	$250,000	Airbnb cash on cash: -1.67% Traditional cash on cash: 0.33% Airbnb Rental Income: $1058 Traditional Rental Income: $1166 Airbnb ROI: -1.67% Traditional ROI: 0.33%
355 E Ohio Street #221 Indianapolis, IN Sellers will pre-pay three months of the HOA fees at closing. Immaculate end unit condo in...	2 beds \| 2 baths \| 1,629 sq.ft.	$409,000	Airbnb cash on cash: -2.32% Traditional cash on cash: 2.53% Airbnb Rental Income: $991 Traditional Rental Income: $2496 Airbnb ROI: -2.32% Traditional ROI: 2.53%
6503 Park Central Way #B Indianapolis, IN Step into modern comfort with this 3-bedroom, 2-bathroom home, boasting with little gems ...	3 beds \| 2 baths \| 1,835 sq.ft.	$135,000	Airbnb cash on cash: -0.85% Traditional cash on cash: 4.84% Airbnb Rental Income: $1404 Traditional Rental Income: $1718 Airbnb ROI: -0.85% Traditional ROI: 4.84%
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.	$235,000	Airbnb cash on cash: -1.66% Traditional cash on cash: 1.63% Airbnb Rental Income: $950 Traditional Rental Income: $1334 Airbnb ROI: -1.66% Traditional ROI: 1.63%
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.	$219,900	Airbnb cash on cash: -0.51% Traditional cash on cash: 3.57% Airbnb Rental Income: $1142 Traditional Rental Income: $1612 Airbnb ROI: -0.51% Traditional ROI: 3.57%
6470 Meridian Parkway #D Indianapolis, IN Discover luxury living in this spacious main floor Woodmont condo. Enjoy an open layout, a...	2 beds \| 3 baths \| 2,134 sq.ft.	$450,000	Airbnb cash on cash: -2.27% Traditional cash on cash: 2.01% Airbnb Rental Income: $1208 Traditional Rental Income: $2620 Airbnb ROI: -2.27% Traditional ROI: 2.01%
5425 Love Lane #98 Indianapolis, IN Welcome to 5425 Love Lane, where charm, comfort, and modern living come together in perfec...	2 beds \| 2 baths \| 1,507 sq.ft.	$135,000	Airbnb cash on cash: -6.85% Traditional cash on cash: 3.17% Airbnb Rental Income: $875 Traditional Rental Income: $1839 Airbnb ROI: -6.85% Traditional ROI: 3.17%
7693 Briarstone Lane Indianapolis, IN HERE IT IS! Come check out one of the most IMPRESSIVE move-in ready condos on the southsi...	2 beds \| 2 baths \| 1,494 sq.ft.	$274,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 4.24% Airbnb Rental Income: $1373 Traditional Rental Income: $1941 Airbnb ROI: 0.44% Traditional ROI: 4.24%
3965 N Meridian Street #6C Indianapolis, IN Location, lifestyle, and low price! This affordable and stylish midtown condo offers every...	1 beds \| 1 baths \| 942 sq.ft.	$130,000	Airbnb cash on cash: -0.35% Traditional cash on cash: 1.41% Airbnb Rental Income: $1275 Traditional Rental Income: $1094 Airbnb ROI: -0.35% Traditional ROI: 1.41%
8545 Olde Mill Trace Indianapolis, IN Experience the pinnacle of luxury in this fully renovated 2-bedroom, 2.5-bath condo. Exper...	2 beds \| 3 baths \| 2,230 sq.ft.	$639,900	Airbnb cash on cash: -1.77% Traditional cash on cash: 1.5% Airbnb Rental Income: $1439 Traditional Rental Income: $2959 Airbnb ROI: -1.77% Traditional ROI: 1.5%
7837 Hunters Path Indianapolis, IN 7837 Hunters PATH in INDIANAPOLIS, IN, this Fully remodeled condominium offers an attracti...	2 beds \| 2 baths \| 965 sq.ft.	$170,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 3.37% Airbnb Rental Income: $1363 Traditional Rental Income: $1254 Airbnb ROI: 1.48% Traditional ROI: 3.37%
2765 Del Prado Drive #7 Indianapolis, IN Great opportunity for investment property! This 2-bedroom, 1-bathroom condominium features...	2 beds \| 1 baths \| 882 sq.ft.	$95,000	Airbnb cash on cash: 5.46% Traditional cash on cash: 7.85% Airbnb Rental Income: $1373 Traditional Rental Income: $1177 Airbnb ROI: 5.46% Traditional ROI: 7.85%
2148 Singleton Street Indianapolis, IN This 2 bedroom, 1 full bath condo boasts considerable potential but requires renovation, p...	2 beds \| 1 baths \| 964 sq.ft.	$84,900	Airbnb cash on cash: -0.35% Traditional cash on cash: 8.5% Airbnb Rental Income: $978 Traditional Rental Income: $1362 Airbnb ROI: -0.35% Traditional ROI: 8.5%
3046 Central Avenue Indianapolis, IN This 3 bedroom, dining room, living room and 1.5 bath condo boasts considerable potential ...	3 beds \| 2 baths \| 1,344 sq.ft.	$82,900	Airbnb cash on cash: 0.62% Traditional cash on cash: 4.16% Airbnb Rental Income: $1116 Traditional Rental Income: $1029 Airbnb ROI: 0.62% Traditional ROI: 4.16%
225 N New Jersey Street #48 Indianapolis, IN Incredible Opportunity in One of the Best Walkable Downtown Locations. Check out Unit 48 a...	2 beds \| 2 baths \| 1,558 sq.ft.	$369,999	Airbnb cash on cash: -3.37% Traditional cash on cash: 0.82% Airbnb Rental Income: $991 Traditional Rental Income: $2091 Airbnb ROI: -3.37% Traditional ROI: 0.82%
928 Hoover Village Drive #928D Indianapolis, IN This is a fixer-upper in a picturesque cor/end condo bldg w/X-priv. It's undervalued! Here...	2 beds \| 2 baths \| 1,485 sq.ft.	$89,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 10.46% Airbnb Rental Income: $1576 Traditional Rental Income: $1716 Airbnb ROI: 3.72% Traditional ROI: 10.46%
8651 Jaffa Court East Drive #18 Indianapolis, IN Welcome to your dream home in Washington Township! This stunning 2-bedroom, 2-bathroom con...	2 beds \| 2 baths \| 1,620 sq.ft.	$200,000	Airbnb cash on cash: -2.58% Traditional cash on cash: 5.39% Airbnb Rental Income: $1302 Traditional Rental Income: $2408 Airbnb ROI: -2.58% Traditional ROI: 5.39%
4464 Four Seasons Circle Indianapolis, IN Don't miss this well-maintained, move-in ready 2-bedroom, 1.5-bath condo - offering comfor...	2 beds \| 2 baths \| 1,078 sq.ft.	$113,000	Airbnb cash on cash: -0.6% Traditional cash on cash: 6.68% Airbnb Rental Income: $903 Traditional Rental Income: $1359 Airbnb ROI: -0.6% Traditional ROI: 6.68%
11264 Fonthill Drive Indianapolis, IN Luxury Lakeside Living with Boat Dock on Geist Reservoir! Step into this light filled, 2...	2 beds \| 3 baths \| 1,816 sq.ft.	$335,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 5.34% Airbnb Rental Income: $1549 Traditional Rental Income: $2833 Airbnb ROI: -0.16% Traditional ROI: 5.34%

Your search for investment property begins and ends here

Condos for Sale in Indianapolis, IN

429 N Pennsylvania Street #904

Indianapolis, IN

2 beds | 3 baths | 2,745 sq.ft.

$1,395,000

Airbnb cash on cash: -2.86%

Traditional cash on cash: -1.23%

Airbnb Rental Income: $991

Traditional Rental Income: $2760

Airbnb ROI: -2.86%

Traditional ROI: -1.23%

450 E Ohio Street #118

Indianapolis, IN

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

$399,000

Airbnb cash on cash: -3.15%

Traditional cash on cash: 1.55%

Airbnb Rental Income: $991

Traditional Rental Income: $2395

Airbnb ROI: -3.15%

Traditional ROI: 1.55%

6526 Jade Stream Court #309

Indianapolis, IN

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

$189,000

Airbnb cash on cash: 0.89%

Traditional cash on cash: 7.04%

Airbnb Rental Income: $1258

Traditional Rental Income: $1964

Airbnb ROI: 0.89%

Traditional ROI: 7.04%

4813 Kelvington Drive

Indianapolis, IN

3 beds | 2 baths | 1,326 sq.ft.

$199,999

Airbnb cash on cash: 1.57%

Traditional cash on cash: 8.72%

Airbnb Rental Income: $1204

Traditional Rental Income: $2172

Airbnb ROI: 1.57%

Traditional ROI: 8.72%

2674 Lakeshire Lane

Indianapolis, IN

2 beds | 2 baths | 2,154 sq.ft.

$199,900

Airbnb cash on cash: 3.14%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $1859

Traditional Rental Income: $2019

Airbnb ROI: 3.14%

Traditional ROI: 6.61%

825 N Delaware Street #2C

Indianapolis, IN

2 beds | 2 baths | 925 sq.ft.

$265,000

Airbnb cash on cash: 0.38%

Traditional cash on cash: 3.73%

Airbnb Rental Income: $991

Traditional Rental Income: $1473

Airbnb ROI: 0.38%

Traditional ROI: 3.73%

333 Massachusetts Avenue #507

Indianapolis, IN

2 beds | 2 baths | 2,545 sq.ft.

$900,000

Airbnb cash on cash: -2.47%

Traditional cash on cash: -0.23%

Airbnb Rental Income: $991

Traditional Rental Income: $2514

Airbnb ROI: -2.47%

Traditional ROI: -0.23%

450 E Ohio Street #321

Indianapolis, IN

2 beds | 3 baths | 1,536 sq.ft.

$374,000

Airbnb cash on cash: -1.14%

Traditional cash on cash: 4.21%

Airbnb Rental Income: $991

Traditional Rental Income: $2514

Airbnb ROI: -1.14%