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 26 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
1009 Broadway Street Indianapolis, IN Location, Location, Location! This 3-bed 1.5 bath townhouse with nearly 2,000 square feet ...	3 beds \| 2 baths \| 1,942 sq.ft.	$310,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 4.64% Airbnb Rental Income: $1097 Traditional Rental Income: $2002 Airbnb ROI: 0.26% Traditional ROI: 4.64%
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.	$309,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 4.43% Airbnb Rental Income: $1037 Traditional Rental Income: $2002 Airbnb ROI: -0.12% Traditional ROI: 4.43%
252 N New Jersey Street Indianapolis, IN Checkout this fully remodeled end-unit townhome in the heart of downtown Indy, presenting ...	3 beds \| 4 baths \| 2,736 sq.ft.	$539,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 2.64% Airbnb Rental Income: $1115 Traditional Rental Income: $2541 Airbnb ROI: -0.93% Traditional ROI: 2.64%
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.	$309,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 4% Airbnb Rental Income: $1115 Traditional Rental Income: $2002 Airbnb ROI: -0.33% Traditional ROI: 4%
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: 0.73% Traditional cash on cash: 4.28% Airbnb Rental Income: $1720 Traditional Rental Income: $2164 Airbnb ROI: 0.73% Traditional ROI: 4.28%
3213 Oceanline E Drive Indianapolis, IN Welcome to this beautiful property that boasts a neutral color paint scheme, providing a c...	2 beds \| 3 baths \| 1,325 sq.ft.	$175,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 7.12% Airbnb Rental Income: $1363 Traditional Rental Income: $1862 Airbnb ROI: 1.63% Traditional ROI: 7.12%
249 N Temple Avenue Indianapolis, IN AMAZING NEW CONSTRUCTION of Three-Story Townhome Development for Affordable Buyers. This i...	3 beds \| 3 baths \| 1,271 sq.ft.	$170,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 10.49% Airbnb Rental Income: $991 Traditional Rental Income: $2073 Airbnb ROI: 1.63% Traditional ROI: 10.49%
251 N Temple Avenue Indianapolis, IN AMAZING NEW CONSTRUCTION of Three-Story Townhome Development for Affordable Buyers. This i...	3 beds \| 3 baths \| 1,271 sq.ft.	$170,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 10.49% Airbnb Rental Income: $991 Traditional Rental Income: $2073 Airbnb ROI: 1.63% Traditional ROI: 10.49%
2605 E New York Street Indianapolis, IN AMAZING NEW CONSTRUCTION of Three-Story Townhome Development for Affordable Buyers. This i...	3 beds \| 4 baths \| 1,271 sq.ft.	$175,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 10.51% Airbnb Rental Income: $991 Traditional Rental Income: $2130 Airbnb ROI: 1.55% Traditional ROI: 10.51%
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: 1.22% Traditional cash on cash: 10.18% Airbnb Rental Income: $991 Traditional Rental Income: $2130 Airbnb ROI: 1.22% 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: 1.28% Traditional cash on cash: 10.05% Airbnb Rental Income: $991 Traditional Rental Income: $2057 Airbnb ROI: 1.28% 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: 1.28% Traditional cash on cash: 10.05% Airbnb Rental Income: $991 Traditional Rental Income: $2057 Airbnb ROI: 1.28% Traditional ROI: 10.05%
2613 E New York Street Indianapolis, IN AMAZING NEW CONSTRUCTION of Three-Story Townhome Development for Affordable Buyers. This i...	3 beds \| 3 baths \| 1,271 sq.ft.	$170,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 10.39% Airbnb Rental Income: $991 Traditional Rental Income: $2057 Airbnb ROI: 1.63% Traditional ROI: 10.39%
1622 Prospect Street Indianapolis, IN MOTIVATED SELLER WILLING TO PROVIDE RATE BUYDOWN WITH AGREEABLE OFFER. Discover your beau...	2 beds \| 3 baths \| 1,774 sq.ft.	$349,900	Airbnb cash on cash: -1.26% Traditional cash on cash: 2.86% Airbnb Rental Income: $1180 Traditional Rental Income: $2150 Airbnb ROI: -1.26% Traditional ROI: 2.86%
1624 Prospect Street Indianapolis, IN MOTIVATED SELLER WILLING TO PROVIDE RATE BUYDOWN WITH AGREEABLE OFFER. Discover your beau...	2 beds \| 3 baths \| 1,774 sq.ft.	$349,900	Airbnb cash on cash: -1.26% Traditional cash on cash: 2.88% Airbnb Rental Income: $1180 Traditional Rental Income: $2155 Airbnb ROI: -1.26% Traditional ROI: 2.88%
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.	$164,900	Airbnb cash on cash: -0.17% Traditional cash on cash: 4.99% Airbnb Rental Income: $991 Traditional Rental Income: $1448 Airbnb ROI: -0.17% Traditional ROI: 4.99%
1531 N College Avenue Indianapolis, IN This thoughtfully updated 3bed, 2.5bath townhome offers not just a house, but a walkable, ...	3 beds \| 3 baths \| 2,226 sq.ft.	$424,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 4.25% Airbnb Rental Income: $1097 Traditional Rental Income: $2523 Airbnb ROI: -0.27% Traditional ROI: 4.25%
6139 Robinwood Drive Indianapolis, IN While this 3 bedroom, 3 full bath attached brick residence is need of an interior cosmetic...	3 beds \| 3 baths \| 1,950 sq.ft.	$194,900	Airbnb cash on cash: 1.27% Traditional cash on cash: 7.83% Airbnb Rental Income: $1409 Traditional Rental Income: $2200 Airbnb ROI: 1.27% Traditional ROI: 7.83%
529 E North Street Indianapolis, IN NEW CONSTRUCTION IN EXCITING NEW LOCKERBIE SQUARE COMMUNITY! These 4-story townhomes boast...	3 beds \| 4 baths \| 2,357 sq.ft.	$828,150	Airbnb cash on cash: -1.44% Traditional cash on cash: 1.36% Airbnb Rental Income: $1115 Traditional Rental Income: $2899 Airbnb ROI: -1.44% Traditional ROI: 1.36%
2830 Country Estates Drive Indianapolis, IN Charming brick condo offering low-maintenance living on a peaceful, low-traffic street. Th...	2 beds \| 2 baths \| 1,088 sq.ft.	$125,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.97% Airbnb Rental Income: $1373 Traditional Rental Income: $1373 Airbnb ROI: 2.5% Traditional ROI: 5.97%
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: 0.6% Traditional cash on cash: 5.84% Airbnb Rental Income: $1436 Traditional Rental Income: $2731 Airbnb ROI: 0.6% 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: 3.66% Traditional cash on cash: 5.25% Airbnb Rental Income: $1637 Traditional Rental Income: $1463 Airbnb ROI: 3.66% 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: -1.56% Traditional cash on cash: 2.79% Airbnb Rental Income: $939 Traditional Rental Income: $2516 Airbnb ROI: -1.56% 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.	$489,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 4.5% Airbnb Rental Income: $1097 Traditional Rental Income: $3050 Airbnb ROI: -0.58% Traditional ROI: 4.5%
5451 Bay Harbor Drive Indianapolis, IN Looking to live the low-maintenance, vacation lifestyle just minutes from Eagle Creek? We'...	2 beds \| 2 baths \| 1,516 sq.ft.	$195,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 6.26% Airbnb Rental Income: $1005 Traditional Rental Income: $1801 Airbnb ROI: 0.04% Traditional ROI: 6.26%
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: 1.62% Traditional cash on cash: 5.44% Airbnb Rental Income: $1013 Traditional Rental Income: $1221 Airbnb ROI: 1.62% Traditional ROI: 5.44%

Your search for investment property begins and ends here

Townhouses for Sale in Indianapolis, IN

1009 Broadway Street

Indianapolis, IN

3 beds | 2 baths | 1,942 sq.ft.

$310,000

Airbnb cash on cash: 0.26%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1097

Traditional Rental Income: $2002

Airbnb ROI: 0.26%

Traditional ROI: 4.64%

1526 S East Street

Indianapolis, IN

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

$309,900

Airbnb cash on cash: -0.12%

Traditional cash on cash: 4.43%

Airbnb Rental Income: $1037

Traditional Rental Income: $2002

Airbnb ROI: -0.12%

Traditional ROI: 4.43%

252 N New Jersey Street

Indianapolis, IN

3 beds | 4 baths | 2,736 sq.ft.

$539,000

Airbnb cash on cash: -0.93%

Traditional cash on cash: 2.64%

Airbnb Rental Income: $1115

Traditional Rental Income: $2541

Airbnb ROI: -0.93%

Traditional ROI: 2.64%

1524 S East Street

Indianapolis, IN

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

$309,900

Airbnb cash on cash: -0.33%

Traditional cash on cash: 4%

Airbnb Rental Income: $1115

Traditional Rental Income: $2002

Airbnb ROI: -0.33%

Traditional ROI: 4%

6926 Wesley Court

Indianapolis, IN

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

$275,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $1720

Traditional Rental Income: $2164

Airbnb ROI: 0.73%

Traditional ROI: 4.28%

3213 Oceanline E Drive

Indianapolis, IN

2 beds | 3 baths | 1,325 sq.ft.

$175,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 7.12%

Airbnb Rental Income: $1363

Traditional Rental Income: $1862

Airbnb ROI: 1.63%

Traditional ROI: 7.12%

249 N Temple Avenue

Indianapolis, IN

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

$170,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 10.49%

Airbnb Rental Income: $991

Traditional Rental Income: $2073

Airbnb ROI: 1.63%

Traditional ROI: 10.49%

251 N Temple Avenue

Indianapolis, IN

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

$170,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 10.49%

Airbnb Rental Income: $991

Traditional Rental Income: $2073

Airbnb ROI: 1.63%