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 22 Townhouse 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
1111 E 10th Street Indianapolis, IN WOW! Experience Sophisticated Urban Living in this stunning Townhome with a Private ROOFTO...	3 beds \| 4 baths \| 2,440 sq.ft.	$675,000	Airbnb cash on cash: -0.33% Traditional cash on cash: 2.16% Airbnb Rental Income: $1616 Traditional Rental Income: $2726 Airbnb ROI: -0.33% Traditional ROI: 2.16%
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: -0.61% Traditional cash on cash: 1.32% Airbnb Rental Income: $1450 Traditional Rental Income: $1680 Airbnb ROI: -0.61% Traditional ROI: 1.32%
5533 Roxbury Terrace Indianapolis, IN HOA pays most utilities! The neighborhood is absolutely beautiful. You have to drive throu...	3 beds \| 3 baths \| 1,652 sq.ft.	$184,900	Airbnb cash on cash: 3.99% Traditional cash on cash: 9.3% Airbnb Rental Income: $1487 Traditional Rental Income: $1984 Airbnb ROI: 3.99% Traditional ROI: 9.3%
324 E 7th St Indianapolis, IN SELLER SAYS SELL ME! OFFERING $500 towards monthly HOA dues with accepted offer by 3/21!! ...	2 beds \| 1 baths \| 1,120 sq.ft.	$339,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 1.08% Airbnb Rental Income: $1450 Traditional Rental Income: $1239 Airbnb ROI: 0.39% Traditional ROI: 1.08%
1818 N Pennsylvania Street Indianapolis, IN Back on the market at an improved price after the seller made extraordinary efforts to acc...	3 beds \| 4 baths \| 4,173 sq.ft.	$770,000	Airbnb cash on cash: -1.97% Traditional cash on cash: 1.03% Airbnb Rental Income: $1178 Traditional Rental Income: $2942 Airbnb ROI: -1.97% Traditional ROI: 1.03%
2909 Kirkbride Way Indianapolis, IN Welcome to 2909 Kirkbride Way - a prime Indianapolis location offering convenience, connec...	3 beds \| 4 baths \| 1,750 sq.ft.	$309,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 5.23% Airbnb Rental Income: $1584 Traditional Rental Income: $2424 Airbnb ROI: 0.78% Traditional ROI: 5.23%
1401 Woodlawn Avenue Indianapolis, IN Welcome to 1401 Woodlawn in the heart of Fountain Square - a stunning, fully renovated 4 b...	4 beds \| 3 baths \| 1,503 sq.ft.	$369,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 0.54% Airbnb Rental Income: $1914 Traditional Rental Income: $807 Airbnb ROI: 2.27% Traditional ROI: 0.54%
723 N Cleveland Street Indianapolis, IN Welcome to the historic Kynett Building, a downtown statement just one block from Mass Ave...	3 beds \| 5 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 Street Indianapolis, IN Welcome to one of the most vibrant neighborhoods that Indianapolis has to offer! This incr...	2 beds \| 3 baths \| 1,738 sq.ft.	$405,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 3.9% Airbnb Rental Income: $1595 Traditional Rental Income: $2429 Airbnb ROI: 0.5% Traditional ROI: 3.9%
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: 4.5% Traditional cash on cash: 10.05% Airbnb Rental Income: $1616 Traditional Rental Income: $2057 Airbnb ROI: 4.5% 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: -0.44% Traditional cash on cash: 3.48% Airbnb Rental Income: $1320 Traditional Rental Income: $2435 Airbnb ROI: -0.44% Traditional ROI: 3.48%
5740 Birtz Road Indianapolis, IN Step into history with all the modern luxuries you crave! These stunning 3-level townhomes...	3 beds \| 4 baths \| 2,130 sq.ft.	$385,000	Airbnb cash on cash: 1% Traditional cash on cash: 2.9% Airbnb Rental Income: $1859 Traditional Rental Income: $2049 Airbnb ROI: 1% Traditional ROI: 2.9%
1635 N New Jersey Street Indianapolis, IN Experience the pinnacle of urban sophistication in this meticulously reimagined 2BD/2BA to...	2 beds \| 2 baths \| 1,354 sq.ft.	$339,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.97% Airbnb Rental Income: $1054 Traditional Rental Income: $1631 Airbnb ROI: 0.02% Traditional ROI: 2.97%
47 Johnson Avenue #11 Indianapolis, IN Beautiful historical neighborhood nestled in the heart of Irvington. This one of the few C...	2 beds \| 1 baths \| 1,312 sq.ft.	$125,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 1.44% Airbnb Rental Income: $1343 Traditional Rental Income: $978 Airbnb ROI: 1.05% Traditional ROI: 1.44%
339 E Saint Clair St Indianapolis, IN 339 E Saint Clair St, Indianapolis, IN 46202 \| Townhouse	2 beds \| 1 baths \| 1,120 sq.ft.	$349,900	Airbnb cash on cash: 0.21% Traditional cash on cash: -0.16% Airbnb Rental Income: $1450 Traditional Rental Income: $897 Airbnb ROI: 0.21% Traditional ROI: -0.16%
1009 Laurel Street Indianapolis, IN Welcome to 1009 Laurel in the heart of Fountain Square - a beautifully renovated 4-bedroom...	4 beds \| 3 baths \| 1,619 sq.ft.	$369,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 3.83% Airbnb Rental Income: $1914 Traditional Rental Income: $2056 Airbnb ROI: 1.95% Traditional ROI: 3.83%
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: 3.63% Traditional cash on cash: 6.2% Airbnb Rental Income: $2441 Traditional Rental Income: $2596 Airbnb ROI: 3.63% Traditional ROI: 6.2%
1966 Alvord Street Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 4 baths \| 2,162 sq.ft.	$532,395	Airbnb cash on cash: -1.02% Traditional cash on cash: 2.46% Airbnb Rental Income: $1178 Traditional Rental Income: $2524 Airbnb ROI: -1.02% Traditional ROI: 2.46%
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: -1.02% Traditional cash on cash: 2.33% Airbnb Rental Income: $1178 Traditional Rental Income: $2535 Airbnb ROI: -1.02% Traditional ROI: 2.33%
5613 E Washington Street #16 Indianapolis, IN Rare co-op opportunity right in the middle of downtown Irvington! CASH ONLY. This 2 bed / ...	2 beds \| 1 baths \| 1,102 sq.ft.	$85,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.64% Airbnb Rental Income: $1343 Traditional Rental Income: $1238 Airbnb ROI: 1.94% Traditional ROI: 5.64%
1960 Rosette Way Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 4 baths \| 2,295 sq.ft.	$577,995	Airbnb cash on cash: -0.6% Traditional cash on cash: 2.68% Airbnb Rental Income: $1178 Traditional Rental Income: $2565 Airbnb ROI: -0.6% Traditional ROI: 2.68%

Your search for investment property begins and ends here

Townhouses for Sale in Indianapolis, IN

1111 E 10th Street

Indianapolis, IN

3 beds | 4 baths | 2,440 sq.ft.

$675,000

Airbnb cash on cash: -0.33%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $1616

Traditional Rental Income: $2726

Airbnb ROI: -0.33%

Traditional ROI: 2.16%

308 E 10th St

Indianapolis, IN

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

$365,000

Airbnb cash on cash: -0.61%

Traditional cash on cash: 1.32%

Airbnb Rental Income: $1450

Traditional Rental Income: $1680

Airbnb ROI: -0.61%

Traditional ROI: 1.32%

5533 Roxbury Terrace

Indianapolis, IN

3 beds | 3 baths | 1,652 sq.ft.

$184,900

Airbnb cash on cash: 3.99%

Traditional cash on cash: 9.3%

Airbnb Rental Income: $1487

Traditional Rental Income: $1984

Airbnb ROI: 3.99%

Traditional ROI: 9.3%

324 E 7th St

Indianapolis, IN

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

$339,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 1.08%

Airbnb Rental Income: $1450

Traditional Rental Income: $1239

Airbnb ROI: 0.39%

Traditional ROI: 1.08%

1818 N Pennsylvania Street

Indianapolis, IN

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

$770,000

Airbnb cash on cash: -1.97%

Traditional cash on cash: 1.03%

Airbnb Rental Income: $1178

Traditional Rental Income: $2942

Airbnb ROI: -1.97%

Traditional ROI: 1.03%

2909 Kirkbride Way

Indianapolis, IN

3 beds | 4 baths | 1,750 sq.ft.

$309,000

Airbnb cash on cash: 0.78%

Traditional cash on cash: 5.23%

Airbnb Rental Income: $1584

Traditional Rental Income: $2424

Airbnb ROI: 0.78%

Traditional ROI: 5.23%

1401 Woodlawn Avenue

Indianapolis, IN

4 beds | 3 baths | 1,503 sq.ft.

$369,000

Airbnb cash on cash: 2.27%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $1914

Traditional Rental Income: $807

Airbnb ROI: 2.27%

Traditional ROI: 0.54%

723 N Cleveland Street

Indianapolis, IN

3 beds | 5 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%