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.

Multi Family for Sale in Indianapolis, IN

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

Showing 98 Multi Family 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
10208 E 46th Street Indianapolis, IN Welcome to 10208 E 46th St, a beautifully updated side-by-side duplex located in the desir...	N/A beds \| N/A baths \| N/A	$185,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 3.27% Airbnb Rental Income: $1069 Traditional Rental Income: $1048 Airbnb ROI: 1.3% Traditional ROI: 3.27%
944 N Hamilton Avenue Indianapolis, IN Fully leased with gross annual rent of \$18,780, this 2-unit property offers immediate, re...	N/A beds \| N/A baths \| N/A	$170,000	Airbnb cash on cash: 3.42% Traditional cash on cash: 4.52% Airbnb Rental Income: $1338 Traditional Rental Income: $1105 Airbnb ROI: 3.42% Traditional ROI: 4.52%
2913 Boulevard Place Indianapolis, IN Reduced! Seller says sell, make us an offer. Fully leased Duplex in up and coming area w/ ...	N/A beds \| N/A baths \| N/A	$172,900	Airbnb cash on cash: 3.97% Traditional cash on cash: 3.45% Airbnb Rental Income: $1495 Traditional Rental Income: $972 Airbnb ROI: 3.97% Traditional ROI: 3.45%
1666 S Talbott Street Indianapolis, IN Cashflowing duplex + vacant lot is included in the price! Check out this 2 bed 1 bath per ...	N/A beds \| N/A baths \| N/A	$189,000	Airbnb cash on cash: 5.43% Traditional cash on cash: 3.45% Airbnb Rental Income: $1859 Traditional Rental Income: $1003 Airbnb ROI: 5.43% Traditional ROI: 3.45%
1206 N Gladstone Avenue Indianapolis, IN The duplex of dreams! This duplex offers two units, each of which offers 1 bedroom and 1 b...	N/A beds \| N/A baths \| N/A	$140,000	Airbnb cash on cash: 4.12% Traditional cash on cash: 4.61% Airbnb Rental Income: $1338 Traditional Rental Income: $992 Airbnb ROI: 4.12% Traditional ROI: 4.61%
626-628 N Oxford Street Indianapolis, IN Turnkey duplex in a rapidly growing area-perfect for investors! This all-brick property fe...	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: 3.41% Traditional cash on cash: 3.53% Airbnb Rental Income: $1338 Traditional Rental Income: $944 Airbnb ROI: 3.41% Traditional ROI: 3.53%
1538 N Grant Avenue Indianapolis, IN NEW PRICE on this Investment Opportunity - 4-Unit Section 8 Property in Glass Works Subdiv...	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.35% Airbnb Rental Income: $1338 Traditional Rental Income: $1283 Airbnb ROI: 0.78% Traditional ROI: 2.35%
2918 Ruckle Street Indianapolis, IN Investment opportunity! Both sides are currently vacant. Each unit has 3 bedrooms, 1.5 b...	N/A beds \| N/A baths \| N/A	$219,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 0.14% Airbnb Rental Income: $1872 Traditional Rental Income: $988 Airbnb ROI: 1.98% Traditional ROI: 0.14%
730-732 N Euclid Avenue Indianapolis, IN This income producing property houses four tenants in separate studios. Each unit has priv...	N/A beds \| N/A baths \| 683 sq.ft.	$199,500	Airbnb cash on cash: 1.8% Traditional cash on cash: 3.71% Airbnb Rental Income: $1338 Traditional Rental Income: $1288 Airbnb ROI: 1.8% Traditional ROI: 3.71%
1703 E 34th Street Indianapolis, IN This income producing property houses four tenants in separate studios. Each unit has priv...	N/A beds \| N/A baths \| N/A	$179,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 4.38% Airbnb Rental Income: $1423 Traditional Rental Income: $1213 Airbnb ROI: 3.11% Traditional ROI: 4.38%
137 S Sheridan Avenue Indianapolis, IN Fantastic Cash flowing duplex! 137 side is vacant and has been updated within the last tw...	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: 3% Traditional cash on cash: 7.02% Airbnb Rental Income: $1198 Traditional Rental Income: $1387 Airbnb ROI: 3% Traditional ROI: 7.02%
1602 Quill Street Indianapolis, IN New construction- multi-family unit with 3 bedrooms and 2 full baths per unit. Stacked dup...	N/A beds \| N/A baths \| N/A	$380,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 2.35% Airbnb Rental Income: $1725 Traditional Rental Income: $1315 Airbnb ROI: 2.16% Traditional ROI: 2.35%
914 N Tuxedo Street Indianapolis, IN This updated duplex meets the 1% rule with great tenants paying $1250 each side for an ann...	N/A beds \| N/A baths \| N/A	$245,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 1.14% Airbnb Rental Income: $1338 Traditional Rental Income: $1003 Airbnb ROI: 0.81% Traditional ROI: 1.14%
3135 Kentucky Avenue Indianapolis, IN Introducing a versatile commercial property tailored to your business needs! This spacious...	N/A beds \| N/A baths \| N/A	$239,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.82% Airbnb Rental Income: $774 Traditional Rental Income: $1299 Airbnb ROI: 0.1% Traditional ROI: 3.82%
546 Eastern Avenue Indianapolis, IN This cash-flowing quadruplex is an excellent investment opportunity in the St Clair Place ...	N/A beds \| N/A baths \| N/A	$425,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 0.76% Airbnb Rental Income: $1338 Traditional Rental Income: $1373 Airbnb ROI: -0.36% Traditional ROI: 0.76%
4652 N Kenwood Avenue Indianapolis, IN This 3,100+ SF Butler-Tarkington duplex has been beautifully renovated and updated with al...	N/A beds \| N/A baths \| N/A	$530,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 0.5% Airbnb Rental Income: $1789 Traditional Rental Income: $1757 Airbnb ROI: -0.41% Traditional ROI: 0.5%
3513 N Kenwood Avenue Indianapolis, IN $25,000 Price Reduction - Seize this rare chance to build instant equity with this spaciou...	N/A beds \| N/A baths \| N/A	$249,900	Airbnb cash on cash: 3.63% Traditional cash on cash: 1.71% Airbnb Rental Income: $1872 Traditional Rental Income: $916 Airbnb ROI: 3.63% Traditional ROI: 1.71%
21 N Tacoma Avenue Indianapolis, IN Phenomenal duplex opportunity! Both units have been completed flipped & updated in recent ...	N/A beds \| N/A baths \| N/A	$284,900	Airbnb cash on cash: 1.08% Traditional cash on cash: 1.06% Airbnb Rental Income: $1338 Traditional Rental Income: $921 Airbnb ROI: 1.08% Traditional ROI: 1.06%
3435 Carrollton Avenue Indianapolis, IN CREATE INCOME!! Decide to live in one side and lease the other. Spacious bedrooms featuri...	N/A beds \| N/A baths \| N/A	$204,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 2.13% Airbnb Rental Income: $1360 Traditional Rental Income: $1092 Airbnb ROI: 1.37% Traditional ROI: 2.13%
2018 Rembrandt Street Indianapolis, IN "Incredible Investment Opportunity! Brand New Duplex in the Heart of Indianapolis!" This n...	N/A beds \| N/A baths \| N/A	$425,000	Airbnb cash on cash: 1.03% Traditional cash on cash: 1.97% Airbnb Rental Income: $1317 Traditional Rental Income: $1286 Airbnb ROI: 1.03% Traditional ROI: 1.97%
3249-3251 N Capitol Avenue Indianapolis, IN This duplex presents a fantastic investment opportunity in a desirable location. Featuring...	N/A beds \| N/A baths \| N/A	$110,000	Airbnb cash on cash: 5.07% Traditional cash on cash: 4.71% Airbnb Rental Income: $1360 Traditional Rental Income: $906 Airbnb ROI: 5.07% Traditional ROI: 4.71%
1610 Hoefgen Street Indianapolis, IN Perfect Investment Opportunity! 2-unit duplex close to downtown, shopping, and easy inters...	N/A beds \| N/A baths \| N/A	$124,900	Airbnb cash on cash: 6.73% Traditional cash on cash: 1.09% Airbnb Rental Income: $1725 Traditional Rental Income: $571 Airbnb ROI: 6.73% Traditional ROI: 1.09%
3707 N Kenwood Avenue Indianapolis, IN Uncover the perfect blend of comfort and investment potential with this spacious duplex, o...	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 1.84% Airbnb Rental Income: $1360 Traditional Rental Income: $938 Airbnb ROI: 1.87% Traditional ROI: 1.84%
401 Wallace Avenue Indianapolis, IN NEW PRICE on this Excellent investment opportunity in Irvington Park! This cash-flowing du...	N/A beds \| N/A baths \| N/A	$190,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 6.03% Airbnb Rental Income: $1338 Traditional Rental Income: $1789 Airbnb ROI: 1.25% Traditional ROI: 6.03%
1622-1624 Prospect Street Indianapolis, IN Discover a remarkable investment opportunity in the heart of Fountain Square! This fully r...	N/A beds \| N/A baths \| N/A	$699,900	Airbnb cash on cash: -1.2% Traditional cash on cash: -0.9% Airbnb Rental Income: $1126 Traditional Rental Income: $947 Airbnb ROI: -1.2% Traditional ROI: -0.9%
1445 W Lee Street Indianapolis, IN Great Investment Opportunity! 2BR, 1 Bath Duplex. With 2-car detached garage. Both sides a...	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 9.14% Traditional cash on cash: 1.82% Airbnb Rental Income: $2401 Traditional Rental Income: $763 Airbnb ROI: 9.14% Traditional ROI: 1.82%
929 N Beville Avenue Indianapolis, IN "Incredible Investment Opportunity! Brand New Duplex in the Heart of Indianapolis!" Thi...	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 1.65% Airbnb Rental Income: $1338 Traditional Rental Income: $1297 Airbnb ROI: 0.77% Traditional ROI: 1.65%
218 N Rural Street N Indianapolis, IN INVESTOR ALERT! Don't miss this income-generating duplex at 218-220 N Rural St, just minut...	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: 2.78% Traditional cash on cash: 3.08% Airbnb Rental Income: $1338 Traditional Rental Income: $976 Airbnb ROI: 2.78% Traditional ROI: 3.08%
28 S Hawthorne Lane Indianapolis, IN Cozy duplex located in super sought after Irvington!! One first floor and one second floor...	N/A beds \| N/A baths \| N/A	$157,000	Airbnb cash on cash: 5.97% Traditional cash on cash: 3.42% Airbnb Rental Income: $1947 Traditional Rental Income: $1051 Airbnb ROI: 5.97% Traditional ROI: 3.42%
1425 N Lasalle Street Indianapolis, IN This two-level Craftsman style home is a great opportunity awaiting for you near Brookside...	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 2.44% Traditional cash on cash: 3.14% Airbnb Rental Income: $1338 Traditional Rental Income: $1026 Airbnb ROI: 2.44% Traditional ROI: 3.14%
35 N Arsenal Avenue Indianapolis, IN This spacious duplex offers two identical 3-bedroom, 1-bath units with significant investm...	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: 4.53% Traditional cash on cash: 3.97% Airbnb Rental Income: $1725 Traditional Rental Income: $1170 Airbnb ROI: 4.53% Traditional ROI: 3.97%
3046 Central Avenue Indianapolis, IN A unique investment opportunity is available, featuring 2-unit property with both units va...	N/A beds \| N/A baths \| N/A	$162,500	Airbnb cash on cash: 1.16% Traditional cash on cash: 1.71% Airbnb Rental Income: $1360 Traditional Rental Income: $1029 Airbnb ROI: 1.16% Traditional ROI: 1.71%
307 N Euclid Avenue Indianapolis, IN Unique opportunity in the heart of Indy! This spacious home features a 3 bed, 1 bath layou...	N/A beds \| N/A baths \| N/A	$180,500	Airbnb cash on cash: 3.04% Traditional cash on cash: 0.87% Airbnb Rental Income: $1338 Traditional Rental Income: $553 Airbnb ROI: 3.04% Traditional ROI: 0.87%
1141 Dawson Street Indianapolis, IN Property is currently rented but the property is in disrepair and needs many updates. Dup...	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 4.04% Airbnb Rental Income: $1126 Traditional Rental Income: $1051 Airbnb ROI: 1.79% Traditional ROI: 4.04%
505 W 40th Street Indianapolis, IN Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood....	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: 1.97% Traditional cash on cash: 1.53% Airbnb Rental Income: $1480 Traditional Rental Income: $950 Airbnb ROI: 1.97% Traditional ROI: 1.53%
950-952 N California Street Indianapolis, IN Properties being sold as a package and sale includes these 3 parcels: 49-11-02-149-013.000...	N/A beds \| N/A baths \| N/A	$1,300,000	Airbnb cash on cash: -0.94% Traditional cash on cash: -0.74% Airbnb Rental Income: $1543 Traditional Rental Income: $1340 Airbnb ROI: -0.94% Traditional ROI: -0.74%
1513 N Kealing Avenue Indianapolis, IN Investors!! Indianapolis Duplex on the East Side near Brookville Park. Units are both vac...	N/A beds \| N/A baths \| N/A	$76,000	Airbnb cash on cash: 8.39% Traditional cash on cash: 8.92% Airbnb Rental Income: $1338 Traditional Rental Income: $966 Airbnb ROI: 8.39% Traditional ROI: 8.92%
2037 Glenridge Drive Indianapolis, IN Cash flowing duplex ready to be added to your portfolio! It is hard to find a solid duplex...	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: 2.56% Traditional cash on cash: 1.63% Airbnb Rental Income: $1064 Traditional Rental Income: $573 Airbnb ROI: 2.56% Traditional ROI: 1.63%
631 Terrace Avenue Indianapolis, IN Be part of the exciting revival of the Old Southside, Bates-Hendricks, and South Park neig...	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: 3.88% Traditional cash on cash: 1.79% Airbnb Rental Income: $1941 Traditional Rental Income: $1013 Airbnb ROI: 3.88% Traditional ROI: 1.79%
2623 Guilford Avenue Indianapolis, IN Rare opportunity to own a fully renovated, income-generating duplex in the heart of downto...	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 0.64% Airbnb Rental Income: $1298 Traditional Rental Income: $986 Airbnb ROI: 0.42% Traditional ROI: 0.64%

Your search for investment property begins and ends here

Multi Family for Sale in Indianapolis, IN

10208 E 46th Street

Indianapolis, IN

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

$185,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $1069

Traditional Rental Income: $1048

Airbnb ROI: 1.3%

Traditional ROI: 3.27%

944 N Hamilton Avenue

Indianapolis, IN

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

$170,000

Airbnb cash on cash: 3.42%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $1338

Traditional Rental Income: $1105

Airbnb ROI: 3.42%

Traditional ROI: 4.52%

2913 Boulevard Place

Indianapolis, IN

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

$172,900

Airbnb cash on cash: 3.97%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1495

Traditional Rental Income: $972

Airbnb ROI: 3.97%

Traditional ROI: 3.45%

1666 S Talbott Street

Indianapolis, IN

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

$189,000

Airbnb cash on cash: 5.43%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1859

Traditional Rental Income: $1003

Airbnb ROI: 5.43%

Traditional ROI: 3.45%

1206 N Gladstone Avenue

Indianapolis, IN

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

$140,000

Airbnb cash on cash: 4.12%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $1338

Traditional Rental Income: $992

Airbnb ROI: 4.12%

Traditional ROI: 4.61%

626-628 N Oxford Street

Indianapolis, IN

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

$165,000

Airbnb cash on cash: 3.41%

Traditional cash on cash: 3.53%

Airbnb Rental Income: $1338

Traditional Rental Income: $944

Airbnb ROI: 3.41%

Traditional ROI: 3.53%

1538 N Grant Avenue

Indianapolis, IN

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

$240,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 2.35%

Airbnb Rental Income: $1338

Traditional Rental Income: $1283

Airbnb ROI: 0.78%

Traditional ROI: 2.35%

2918 Ruckle Street

Indianapolis, IN

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

$219,900

Airbnb cash on cash: 1.98%

Traditional cash on cash: 0.14%

Airbnb Rental Income: $1872

Traditional Rental Income: $988

Airbnb ROI: 1.98%