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 16 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
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.	$400,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 1.12% Airbnb Rental Income: $1039 Traditional Rental Income: $1680 Airbnb ROI: -1.55% Traditional ROI: 1.12%
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.	$344,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 1.05% Airbnb Rental Income: $1039 Traditional Rental Income: $1239 Airbnb ROI: -0.69% Traditional ROI: 1.05%
1818 N Pennsylvania Street Indianapolis, IN This luxury 4,000+ sq ft townhome in Herron-Morton features rooftop views, designer interi...	3 beds \| 4 baths \| 4,173 sq.ft.	$780,000	Airbnb cash on cash: -2.33% Traditional cash on cash: 1% Airbnb Rental Income: $857 Traditional Rental Income: $2942 Airbnb ROI: -2.33% Traditional ROI: 1%
3419 Carrollton Avenue Indianapolis, IN Step into style with this beautiful 3-bedroom townhome that perfectly balances modern luxu...	3 beds \| 2 baths \| 1,260 sq.ft.	$179,000	Airbnb cash on cash: 1.21% Traditional cash on cash: 5.17% Airbnb Rental Income: $863 Traditional Rental Income: $1205 Airbnb ROI: 1.21% Traditional ROI: 5.17%
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: -1.88% Traditional cash on cash: 0.73% Airbnb Rental Income: $1310 Traditional Rental Income: $3815 Airbnb ROI: -1.88% 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: -0.41% Traditional cash on cash: 2.48% Airbnb Rental Income: $1310 Traditional Rental Income: $3053 Airbnb ROI: -0.41% 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: -0.59% Traditional cash on cash: 3.9% Airbnb Rental Income: $1095 Traditional Rental Income: $2429 Airbnb ROI: -0.59% 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 ...	3 beds \| 3 baths \| 1,271 sq.ft.	$170,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 10.05% Airbnb Rental Income: $748 Traditional Rental Income: $2057 Airbnb ROI: 0.03% 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: -1.22% Traditional cash on cash: 3.48% Airbnb Rental Income: $954 Traditional Rental Income: $2435 Airbnb ROI: -1.22% Traditional ROI: 3.48%
9043 Moorhead Drive Indianapolis, IN Stunning end-unit townhouse offering three levels of sun-drenched living space, 3.5 baths,...	2 beds \| 4 baths \| 2,366 sq.ft.	$249,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 6.12% Airbnb Rental Income: $1844 Traditional Rental Income: $2362 Airbnb ROI: 1.81% Traditional ROI: 6.12%
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: 0.25% Traditional cash on cash: 2.91% Airbnb Rental Income: $1535 Traditional Rental Income: $2049 Airbnb ROI: 0.25% Traditional ROI: 2.91%
1034 Reserve Way Indianapolis, IN Welcome to your new home in the highly desirable Broad Ripple area of Indianapolis! This b...	2 beds \| 2 baths \| 1,207 sq.ft.	$259,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 2.79% Airbnb Rental Income: $1317 Traditional Rental Income: $1563 Airbnb ROI: 0.12% Traditional ROI: 2.79%
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: -0.9% Traditional cash on cash: 1.44% Airbnb Rental Income: $1061 Traditional Rental Income: $978 Airbnb ROI: -0.9% Traditional ROI: 1.44%
5613 E Washington Street #2 Indianapolis, IN Incredible opportunity in the Heart of Historic Irvington - this co-op townhome is a rare ...	2 beds \| 2 baths \| 1,102 sq.ft.	$149,000	Airbnb cash on cash: -5.86% Traditional cash on cash: -0.83% Airbnb Rental Income: $1061 Traditional Rental Income: $1412 Airbnb ROI: -5.86% Traditional ROI: -0.83%
2949 Bolton Square Boulevard Indianapolis, IN Presenting a modern urban townhome, built in 2020 and located in the highly desirable Bolt...	2 beds \| 3 baths \| 1,759 sq.ft.	$285,000	Airbnb cash on cash: -2.77% Traditional cash on cash: 4.12% Airbnb Rental Income: $824 Traditional Rental Income: $2346 Airbnb ROI: -2.77% Traditional ROI: 4.12%
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: -0.83% Traditional cash on cash: -0.16% Airbnb Rental Income: $1039 Traditional Rental Income: $897 Airbnb ROI: -0.83% Traditional ROI: -0.16%

Your search for investment property begins and ends here

Townhouses for Sale in Indianapolis, IN

308 E 10th St

Indianapolis, IN

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

$400,000

Airbnb cash on cash: -1.55%

Traditional cash on cash: 1.12%

Airbnb Rental Income: $1039

Traditional Rental Income: $1680

Airbnb ROI: -1.55%

Traditional ROI: 1.12%

324 E 7th St

Indianapolis, IN

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

$344,000

Airbnb cash on cash: -0.69%

Traditional cash on cash: 1.05%

Airbnb Rental Income: $1039

Traditional Rental Income: $1239

Airbnb ROI: -0.69%

Traditional ROI: 1.05%

1818 N Pennsylvania Street

Indianapolis, IN

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

$780,000

Airbnb cash on cash: -2.33%

Traditional cash on cash: 1%

Airbnb Rental Income: $857

Traditional Rental Income: $2942

Airbnb ROI: -2.33%

Traditional ROI: 1%

3419 Carrollton Avenue

Indianapolis, IN

3 beds | 2 baths | 1,260 sq.ft.

$179,000

Airbnb cash on cash: 1.21%

Traditional cash on cash: 5.17%

Airbnb Rental Income: $863

Traditional Rental Income: $1205

Airbnb ROI: 1.21%

Traditional ROI: 5.17%

723 N Cleveland Street

Indianapolis, IN

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

$1,200,000

Airbnb cash on cash: -1.88%

Traditional cash on cash: 0.73%

Airbnb Rental Income: $1310

Traditional Rental Income: $3815

Airbnb ROI: -1.88%

Traditional ROI: 0.73%

527 E North Street

Indianapolis, IN

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

$799,900

Airbnb cash on cash: -0.41%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1310

Traditional Rental Income: $3053

Airbnb ROI: -0.41%

Traditional ROI: 2.48%

1012 Sterling Street

Indianapolis, IN

2 beds | 3 baths | 1,738 sq.ft.

$405,000

Airbnb cash on cash: -0.59%

Traditional cash on cash: 3.9%

Airbnb Rental Income: $1095

Traditional Rental Income: $2429

Airbnb ROI: -0.59%

Traditional ROI: 3.9%

2611 E New York Street

Indianapolis, IN

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

$170,000

Airbnb cash on cash: 0.03%

Traditional cash on cash: 10.05%

Airbnb Rental Income: $748

Traditional Rental Income: $2057

Airbnb ROI: 0.03%