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.

Townhouses for Sale in Indianapolis, IN

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

Showing 67 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1111 E 10th St Indianapolis, IN WOW! Experience Sophisticated Urban Living in this stunning Townhome with a Private ROOFTO...	3 beds \| 3 baths \| 2,440 sq.ft.	$669,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.19% Airbnb Rental Income: $1421 Traditional Rental Income: $2726 Airbnb ROI: -0.58% Traditional ROI: 2.19%
308 E 10th St Indianapolis, IN Watch next year's fireworks from your new Historic St. Joe home with skyline views. This ...	2 beds \| 2 baths \| 1,944 sq.ft.	$365,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 1.32% Airbnb Rental Income: $1553 Traditional Rental Income: $1680 Airbnb ROI: -0.36% Traditional ROI: 1.32%
1818 N Pennsylvania St Indianapolis, IN Back on the market at an improved price after the seller made extraordinary efforts to acc...	3 beds \| 2 baths \| 4,173 sq.ft.	$750,000	Airbnb cash on cash: -1.98% Traditional cash on cash: 1.03% Airbnb Rental Income: $1166 Traditional Rental Income: $2942 Airbnb ROI: -1.98% Traditional ROI: 1.03%
4212 Dahlia Court Indianapolis, IN This rare 4-bedroom, end unit townhome is move-in ready! Primary bedroom and full bathroom...	4 beds \| 2 baths \| 1,702 sq.ft.	$205,000	Airbnb cash on cash: 5.95% Traditional cash on cash: 6.14% Airbnb Rental Income: $2504 Traditional Rental Income: $1935 Airbnb ROI: 5.95% Traditional ROI: 6.14%
1401 Woodlawn Ave Indianapolis, IN Welcome to 1401 Woodlawn in the heart of Fountain Square - a stunning, fully renovated 4 b...	4 beds \| 3 baths \| 1,703 sq.ft.	$350,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 0.62% Airbnb Rental Income: $1751 Traditional Rental Income: $807 Airbnb ROI: 2.03% Traditional ROI: 0.62%
723 N Cleveland St Indianapolis, IN Welcome to the historic Kynett Building, a downtown statement just one block from Mass Ave...	3 beds \| 3 baths \| 4,155 sq.ft.	$1,200,000	Airbnb cash on cash: -1.79% Traditional cash on cash: 0.73% Airbnb Rental Income: $1431 Traditional Rental Income: $3815 Airbnb ROI: -1.79% Traditional ROI: 0.73%
527 E North Street Indianapolis, IN Experience elevated urban living in the heart of Lockerbie Square with this beautifully de...	3 beds \| 4 baths \| 2,216 sq.ft.	$799,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 2.48% Airbnb Rental Income: $1431 Traditional Rental Income: $3053 Airbnb ROI: -0.27% Traditional ROI: 2.48%
1012 Sterling St Indianapolis, IN Welcome to one of the most vibrant neighborhoods that Indianapolis has to offer! This incr...	2 beds \| 2 baths \| 1,738 sq.ft.	$399,900	Airbnb cash on cash: -0.05% Traditional cash on cash: 3.9% Airbnb Rental Income: $1344 Traditional Rental Income: $2429 Airbnb ROI: -0.05% Traditional ROI: 3.9%
8123 Bromley Pl Indianapolis, IN Beautifully updated three-level townhome offering spacious living and stylish finishes thr...	3 beds \| 3 baths \| 2,424 sq.ft.	$197,500	Airbnb cash on cash: 0.65% Traditional cash on cash: 8.96% Airbnb Rental Income: $1421 Traditional Rental Income: $2555 Airbnb ROI: 0.65% Traditional ROI: 8.96%
2611 E New York Street Indianapolis, IN BACK ON MARKET- Buyer did not submit earnest money. FINAL UNIT- AMAZING NEW CONSTRUCTION o...	3 beds \| 3 baths \| 1,271 sq.ft.	$170,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 10.05% Airbnb Rental Income: $1421 Traditional Rental Income: $2057 Airbnb ROI: 3.5% Traditional ROI: 10.05%
737 Switchyard Place Indianapolis, IN Located in the heart of Fletcher Place, this 2020-built townhome offers a turnkey lifestyl...	2 beds \| 3 baths \| 1,708 sq.ft.	$415,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.48% Airbnb Rental Income: $1379 Traditional Rental Income: $2435 Airbnb ROI: -0.31% Traditional ROI: 3.48%
5740 Birtz Rd Indianapolis, IN Step into history with all the modern luxuries you crave! These stunning 3-level townhomes...	3 beds \| 2 baths \| 2,130 sq.ft.	$385,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 2.9% Airbnb Rental Income: $1846 Traditional Rental Income: $2049 Airbnb ROI: 0.97% Traditional ROI: 2.9%
1635 N New Jersey St Indianapolis, IN Experience the pinnacle of urban sophistication in this meticulously reimagined 2BD/2BA to...	2 beds \| 2 baths \| 1,717 sq.ft.	$339,900	Airbnb cash on cash: -0.23% Traditional cash on cash: 2.97% Airbnb Rental Income: $956 Traditional Rental Income: $1631 Airbnb ROI: -0.23% Traditional ROI: 2.97%
4231 Broadway St Indianapolis, IN Located on charming treelined street minute to downtown fun and amenities. Welcoming big f...	3 beds \| 1 baths \| 2,206 sq.ft.	$220,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 2.9% Airbnb Rental Income: $1704 Traditional Rental Income: $1146 Airbnb ROI: 3.28% Traditional ROI: 2.9%
47 Johnson Ave #11 Indianapolis, IN Beautiful historical neighborhood nestled in the heart of Irvington. This one of the few C...	2 beds \| 1 baths \| 1,574 sq.ft.	$105,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 2.05% Airbnb Rental Income: $1324 Traditional Rental Income: $978 Airbnb ROI: 1.43% Traditional ROI: 2.05%
1027 Riviera Dr Indianapolis, IN Experience elevated townhome living with the Riverbank floor plan, thoughtfully designed f...	4 beds \| 3 baths \| 2,502 sq.ft.	$709,999	Airbnb cash on cash: 0.41% Traditional cash on cash: 1.65% Airbnb Rental Income: $2127 Traditional Rental Income: $2407 Airbnb ROI: 0.41% Traditional ROI: 1.65%
339 E Saint Clair St Indianapolis, IN 339 E Saint Clair St, Indianapolis, IN 46202 \| Townhouse	2 beds \| 1 baths \| 1,120 sq.ft.	$344,900	Airbnb cash on cash: 0.51% Traditional cash on cash: -0.13% Airbnb Rental Income: $1553 Traditional Rental Income: $897 Airbnb ROI: 0.51% Traditional ROI: -0.13%
1009 Laurel St Indianapolis, IN Welcome to 1009 Laurel in the heart of Fountain Square - a beautifully renovated 4-bedroom...	4 beds \| 3 baths \| 1,829 sq.ft.	$350,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 4.13% Airbnb Rental Income: $1751 Traditional Rental Income: $2056 Airbnb ROI: 1.74% Traditional ROI: 4.13%
6931 Havenmoor Place Indianapolis, IN Stunning, fully renovation Townhome in prime location. Sought after Berkley Place communit...	4 beds \| 4 baths \| 2,502 sq.ft.	$309,900	Airbnb cash on cash: 3.74% Traditional cash on cash: 6.2% Airbnb Rental Income: $2479 Traditional Rental Income: $2596 Airbnb ROI: 3.74% Traditional ROI: 6.2%
1958 Alvord Street Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 4 baths \| 2,240 sq.ft.	$556,995	Airbnb cash on cash: -0.52% Traditional cash on cash: 2.97% Airbnb Rental Income: $1166 Traditional Rental Income: $2599 Airbnb ROI: -0.52% Traditional ROI: 2.97%
1966 Alvord St Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 2 baths \| 2,162 sq.ft.	$467,653	Airbnb cash on cash: -0.36% Traditional cash on cash: 2.51% Airbnb Rental Income: $1166 Traditional Rental Income: $2120 Airbnb ROI: -0.36% Traditional ROI: 2.51%
9522 Park Meridian Dr Indianapolis, IN Conveniently located and thoughtfully designed for low-maintenance living, this sun-filled...	2 beds \| 2 baths \| 2,060 sq.ft.	$334,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 3.42% Airbnb Rental Income: $1724 Traditional Rental Income: $1910 Airbnb ROI: 1.35% Traditional ROI: 3.42%
1960 Rosette Way Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 2 baths \| 2,295 sq.ft.	$518,445	Airbnb cash on cash: -0.5% Traditional cash on cash: 2.11% Airbnb Rental Income: $1166 Traditional Rental Income: $2120 Airbnb ROI: -0.5% Traditional ROI: 2.11%
5613 E Washington St #16 Indianapolis, IN Rare co-op opportunity right in the middle of downtown Irvington! CASH ONLY. This 2 bed / ...	2 beds \| 1 baths \| 1,562 sq.ft.	$79,999	Airbnb cash on cash: 1.96% Traditional cash on cash: 6.07% Airbnb Rental Income: $1324 Traditional Rental Income: $1238 Airbnb ROI: 1.96% Traditional ROI: 6.07%
1829 Marlowe Ave #3 Indianapolis, IN 1829 Marlowe Ave #3, Indianapolis, IN 46201 \| Townhouse	3 beds \| 2 baths \| 1,190 sq.ft.	$185,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 5.35% Airbnb Rental Income: $1421 Traditional Rental Income: $1414 Airbnb ROI: 2.97% Traditional ROI: 5.35%
256 N Randolph St #1 Indianapolis, IN 256 N Randolph St #1, Indianapolis, IN 46201 \| Townhouse	3 beds \| 2 baths \| 1,284 sq.ft.	$185,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 5.81% Airbnb Rental Income: $1421 Traditional Rental Income: $1495 Airbnb ROI: 2.97% Traditional ROI: 5.81%
1831 Marlowe Ave #2 Indianapolis, IN 1831 Marlowe Ave #2, Indianapolis, IN 46201 \| Townhouse	3 beds \| 2 baths \| 1,190 sq.ft.	$180,000	Airbnb cash on cash: 3.1% Traditional cash on cash: 5.54% Airbnb Rental Income: $1421 Traditional Rental Income: $1414 Airbnb ROI: 3.1% Traditional ROI: 5.54%
1984 Rosette Way Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 2 baths \| 2,240 sq.ft.	$549,995	Airbnb cash on cash: -0.62% Traditional cash on cash: 2.73% Airbnb Rental Income: $1166 Traditional Rental Income: $2599 Airbnb ROI: -0.62% Traditional ROI: 2.73%

Your search for investment property begins and ends here

Townhouses for Sale in Indianapolis, IN

1111 E 10th St

Indianapolis, IN

3 beds | 3 baths | 2,440 sq.ft.

$669,900

Airbnb cash on cash: -0.58%

Traditional cash on cash: 2.19%

Airbnb Rental Income: $1421

Traditional Rental Income: $2726

Airbnb ROI: -0.58%

Traditional ROI: 2.19%

308 E 10th St

Indianapolis, IN

2 beds | 2 baths | 1,944 sq.ft.

$365,000

Airbnb cash on cash: -0.36%

Traditional cash on cash: 1.32%

Airbnb Rental Income: $1553

Traditional Rental Income: $1680

Airbnb ROI: -0.36%

Traditional ROI: 1.32%

1818 N Pennsylvania St

Indianapolis, IN

3 beds | 2 baths | 4,173 sq.ft.

$750,000

Airbnb cash on cash: -1.98%

Traditional cash on cash: 1.03%

Airbnb Rental Income: $1166

Traditional Rental Income: $2942

Airbnb ROI: -1.98%

Traditional ROI: 1.03%

4212 Dahlia Court

Indianapolis, IN

4 beds | 2 baths | 1,702 sq.ft.

$205,000

Airbnb cash on cash: 5.95%

Traditional cash on cash: 6.14%

Airbnb Rental Income: $2504

Traditional Rental Income: $1935

Airbnb ROI: 5.95%

Traditional ROI: 6.14%

1401 Woodlawn Ave

Indianapolis, IN

4 beds | 3 baths | 1,703 sq.ft.

$350,000

Airbnb cash on cash: 2.03%

Traditional cash on cash: 0.62%

Airbnb Rental Income: $1751

Traditional Rental Income: $807

Airbnb ROI: 2.03%

Traditional ROI: 0.62%

723 N Cleveland St

Indianapolis, IN

3 beds | 3 baths | 4,155 sq.ft.

$1,200,000

Airbnb cash on cash: -1.79%

Traditional cash on cash: 0.73%

Airbnb Rental Income: $1431

Traditional Rental Income: $3815

Airbnb ROI: -1.79%

Traditional ROI: 0.73%

527 E North Street

Indianapolis, IN

3 beds | 4 baths | 2,216 sq.ft.

$799,900

Airbnb cash on cash: -0.27%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1431

Traditional Rental Income: $3053

Airbnb ROI: -0.27%

Traditional ROI: 2.48%

1012 Sterling St

Indianapolis, IN

2 beds | 2 baths | 1,738 sq.ft.

$399,900

Airbnb cash on cash: -0.05%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $1344

Traditional Rental Income: $2429

Airbnb ROI: -0.05%