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 18 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
1526 S East Street Indianapolis, IN Completely updated and fully furnished 3 bedroom, 2.5 bathroom townhome in the heart of In...	3 beds \| 3 baths \| 1,344 sq.ft.	$304,900	Airbnb cash on cash: -0.4% Traditional cash on cash: 4.52% Airbnb Rental Income: $935 Traditional Rental Income: $2002 Airbnb ROI: -0.4% Traditional ROI: 4.52%
1524 S East Street Indianapolis, IN Completely updated and fully furnished 3 bedroom, 2.5 bathroom townhome in the heart of In...	3 beds \| 3 baths \| 1,344 sq.ft.	$304,900	Airbnb cash on cash: -0.22% Traditional cash on cash: 4.08% Airbnb Rental Income: $1148 Traditional Rental Income: $2002 Airbnb ROI: -0.22% Traditional ROI: 4.08%
6926 Wesley Court Indianapolis, IN Welcome to this spacious 3-bedroom, 3-full-bath townhouse, perfectly situated just minutes...	3 beds \| 3 baths \| 1,886 sq.ft.	$275,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 4.28% Airbnb Rental Income: $1574 Traditional Rental Income: $2164 Airbnb ROI: 0.26% Traditional ROI: 4.28%
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.	$1,299,999	Airbnb cash on cash: -1.93% Traditional cash on cash: 0.59% Airbnb Rental Income: $1148 Traditional Rental Income: $3815 Airbnb ROI: -1.93% Traditional ROI: 0.59%
527 E North Street Indianapolis, IN NEW CONSTRUCTION IN EXCITING NEW LOCKERBIE SQUARE COMMUNITY! These 4-story townhomes boast...	3 beds \| 4 baths \| 2,213 sq.ft.	$789,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.52% Airbnb Rental Income: $1148 Traditional Rental Income: $3053 Airbnb ROI: -0.58% Traditional ROI: 2.52%
531 E North Street Indianapolis, IN NEW CONSTRUCTION IN EXCITING NEW LOCKERBIE SQUARE COMMUNITY! These 4-story townhomes boas...	3 beds \| 4 baths \| 2,357 sq.ft.	$809,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.5% Airbnb Rental Income: $1148 Traditional Rental Income: $3093 Airbnb ROI: -0.58% Traditional ROI: 2.5%
2607 E New York Street Indianapolis, IN ONE OF THREE REMAINING TOWNHOMES!! AMAZING NEW CONSTRUCTION of Three-Story Townhome Develo...	3 beds \| 4 baths \| 1,271 sq.ft.	$175,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 10.18% Airbnb Rental Income: $937 Traditional Rental Income: $2130 Airbnb ROI: 0.95% Traditional ROI: 10.18%
2609 E New York Street Indianapolis, IN ONE OF THREE REMAINING TOWNHOMES!! AMAZING NEW CONSTRUCTION of Three-Story Townhome Develo...	3 beds \| 3 baths \| 1,271 sq.ft.	$170,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 10.05% Airbnb Rental Income: $937 Traditional Rental Income: $2057 Airbnb ROI: 1.01% Traditional ROI: 10.05%
2611 E New York Street Indianapolis, IN ONE OF THREE REMAINING TOWNHOMES!! AMAZING NEW CONSTRUCTION of Three-Story Townhome Develo...	3 beds \| 3 baths \| 1,271 sq.ft.	$170,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 10.05% Airbnb Rental Income: $937 Traditional Rental Income: $2057 Airbnb ROI: 1.01% Traditional ROI: 10.05%
1622 Prospect Street Indianapolis, IN Discover your beautifully remodeled townhome in the lively Fountain Square district of Ind...	2 beds \| 3 baths \| 1,774 sq.ft.	$329,900	Airbnb cash on cash: -2.17% Traditional cash on cash: 3.09% Airbnb Rental Income: $849 Traditional Rental Income: $2150 Airbnb ROI: -2.17% Traditional ROI: 3.09%
1624 Prospect Street Indianapolis, IN Discover your beautifully remodeled townhome in the lively Fountain Square district of Ind...	2 beds \| 3 baths \| 1,774 sq.ft.	$329,900	Airbnb cash on cash: -2.17% Traditional cash on cash: 3.11% Airbnb Rental Income: $849 Traditional Rental Income: $2155 Airbnb ROI: -2.17% Traditional ROI: 3.11%
420 Eastern Avenue Indianapolis, IN Now is your opportunity to purchase a turnkey property so proximal to downtown Indianapoli...	3 beds \| 1 baths \| 1,296 sq.ft.	$159,900	Airbnb cash on cash: -0.44% Traditional cash on cash: 5.17% Airbnb Rental Income: $937 Traditional Rental Income: $1448 Airbnb ROI: -0.44% Traditional ROI: 5.17%
1440 N Park Avenue Indianapolis, IN Welcome to an elegant residence with original charm and modern conveniences nestled in the...	4 beds \| 3 baths \| 2,359 sq.ft.	$350,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 5.84% Airbnb Rental Income: $1365 Traditional Rental Income: $2731 Airbnb ROI: 0.42% Traditional ROI: 5.84%
6047 Southbay Drive Indianapolis, IN Step inside this thoughtfully updated residence and discover a layout designed for both st...	2 beds \| 3 baths \| 992 sq.ft.	$190,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 5.25% Airbnb Rental Income: $1125 Traditional Rental Income: $1463 Airbnb ROI: 1.29% Traditional ROI: 5.25%
1303 Deloss Street Indianapolis, IN Embrace a modern lifestyle in this splendid 3-bedroom, 2.5-bath townhouse located in the l...	3 beds \| 3 baths \| 1,940 sq.ft.	$472,000	Airbnb cash on cash: -1.79% Traditional cash on cash: 2.79% Airbnb Rental Income: $815 Traditional Rental Income: $2516 Airbnb ROI: -1.79% Traditional ROI: 2.79%
1528 Carrollton Avenue Indianapolis, IN Situated in the historic Old Northside, this townhome offers a prime location just blocks ...	3 beds \| 4 baths \| 2,933 sq.ft.	$465,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 4.78% Airbnb Rental Income: $1147 Traditional Rental Income: $3050 Airbnb ROI: -0.46% Traditional ROI: 4.78%
1314 N Dearborn Street Indianapolis, IN Welcome to 1314 N Dearborn St, the larger half of this fully updated duplex featuring 2 be...	2 beds \| 2 baths \| 898 sq.ft.	$155,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 5.44% Airbnb Rental Income: $826 Traditional Rental Income: $1221 Airbnb ROI: 0.57% Traditional ROI: 5.44%
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.	$425,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 3.37% Airbnb Rental Income: $849 Traditional Rental Income: $2435 Airbnb ROI: -1.44% Traditional ROI: 3.37%

Your search for investment property begins and ends here

Townhouses for Sale in Indianapolis, IN

1526 S East Street

Indianapolis, IN

3 beds | 3 baths | 1,344 sq.ft.

$304,900

Airbnb cash on cash: -0.4%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $935

Traditional Rental Income: $2002

Airbnb ROI: -0.4%

Traditional ROI: 4.52%

1524 S East Street

Indianapolis, IN

3 beds | 3 baths | 1,344 sq.ft.

$304,900

Airbnb cash on cash: -0.22%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1148

Traditional Rental Income: $2002

Airbnb ROI: -0.22%

Traditional ROI: 4.08%

6926 Wesley Court

Indianapolis, IN

3 beds | 3 baths | 1,886 sq.ft.

$275,000

Airbnb cash on cash: 0.26%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $1574

Traditional Rental Income: $2164

Airbnb ROI: 0.26%

Traditional ROI: 4.28%

723 N Cleveland Street

Indianapolis, IN

3 beds | 5 baths | 4,155 sq.ft.

$1,299,999

Airbnb cash on cash: -1.93%

Traditional cash on cash: 0.59%

Airbnb Rental Income: $1148

Traditional Rental Income: $3815

Airbnb ROI: -1.93%

Traditional ROI: 0.59%

527 E North Street

Indianapolis, IN

3 beds | 4 baths | 2,213 sq.ft.

$789,900

Airbnb cash on cash: -0.58%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $1148

Traditional Rental Income: $3053

Airbnb ROI: -0.58%

Traditional ROI: 2.52%

531 E North Street

Indianapolis, IN

3 beds | 4 baths | 2,357 sq.ft.

$809,000

Airbnb cash on cash: -0.58%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $1148

Traditional Rental Income: $3093

Airbnb ROI: -0.58%

Traditional ROI: 2.5%

2607 E New York Street

Indianapolis, IN

3 beds | 4 baths | 1,271 sq.ft.

$175,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 10.18%

Airbnb Rental Income: $937

Traditional Rental Income: $2130

Airbnb ROI: 0.95%

Traditional ROI: 10.18%

2609 E New York Street

Indianapolis, IN

3 beds | 3 baths | 1,271 sq.ft.

$170,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 10.05%

Airbnb Rental Income: $937

Traditional Rental Income: $2057

Airbnb ROI: 1.01%