Indiana Multi Family Homes for Sale

Real Estate Investment Properties for Sale in Indiana

Looking for investment property in Indiana with high ROI ?

Explore a variety of short-term homes & houses in Indiana. Invest wisely with VRBO & Indiana Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Multi Family for Sale in Indiana

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

Showing 243 Multi Family 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
101 Althaus Avenue Evansville, IN Per Seller: You can be the proud owner of 2 renovated houses for the price of 1 on a large...	12 beds \| 2 baths \| 1,280 sq.ft.	$144,900	Airbnb cash on cash: 3.7% Traditional cash on cash: 8.61% Airbnb Rental Income: $1380 Traditional Rental Income: $1643 Airbnb ROI: 3.7% Traditional ROI: 8.61%
944 N Hamilton Avenue Indianapolis, IN BACK ON THE MARKET CASH-FLOWING INVESTMENT READY TO ROLL! Don't sleep on this fully lea...	N/A beds \| N/A baths \| N/A	$170,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.52% Airbnb Rental Income: $991 Traditional Rental Income: $1105 Airbnb ROI: 1.63% Traditional ROI: 4.52%
2913 Boulevard Place Indianapolis, IN Reduced! Seller says sell, make us an offer. Fully leased Duplex in up and coming area w/ ...	N/A beds \| N/A baths \| N/A	$172,900	Airbnb cash on cash: 3.76% Traditional cash on cash: 3.45% Airbnb Rental Income: $1455 Traditional Rental Income: $972 Airbnb ROI: 3.76% Traditional ROI: 3.45%
418 Eastern Avenue Indianapolis, IN Fully renovated, turnkey pair of townhomes available for your portfolio for nearly immedia...	N/A beds \| N/A baths \| N/A	$329,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.73% Airbnb Rental Income: $991 Traditional Rental Income: $1415 Airbnb ROI: 0.22% Traditional ROI: 2.73%
1302 Huestis Avenue Fort Wayne, IN Welcome to 1302 Huestis Ave â a spacious and beautifully updated duplex sitting proudly ...	4 beds \| 3 baths \| 2,325 sq.ft.	$207,500	Airbnb cash on cash: -0.66% Traditional cash on cash: 9.24% Airbnb Rental Income: $938 Traditional Rental Income: $2542 Airbnb ROI: -0.66% Traditional ROI: 9.24%
1133/1135 Tecumseh Street Indianapolis, IN Are you looking for a sound & stable Quadruplex property as an investment property situate...	N/A beds \| N/A baths \| N/A	$360,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 0.94% Airbnb Rental Income: $991 Traditional Rental Income: $1014 Airbnb ROI: -0.18% Traditional ROI: 0.94%
50 S Colorado Avenue Indianapolis, IN Move in ready Duplex with 1 bedroom, a bonus room and 1 bathroom on each side. One unit is...	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 3.71% Airbnb Rental Income: $991 Traditional Rental Income: $886 Airbnb ROI: 1.98% Traditional ROI: 3.71%
60 S Mount Street Indianapolis, IN Looking for an income generating duplex minutes from downtown? This duplex has two townhom...	N/A beds \| N/A baths \| N/A	$190,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 2.71% Airbnb Rental Income: $1058 Traditional Rental Income: $1091 Airbnb ROI: 0.5% Traditional ROI: 2.71%
1732 3rd Street Fort Wayne, IN 2 Bedrooms and 1 Bathroom on the main level unit and a large unfinished studio upstairs ma...	3 beds \| 2 baths \| 1,594 sq.ft.	$135,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.99% Airbnb Rental Income: $null Traditional Rental Income: $1880 Airbnb ROI: N/A Traditional ROI: 11.99%
626-628 N Oxford Street Indianapolis, IN Turnkey duplex in a rapidly growing area-perfect for investors! This all-brick property fe...	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.53% Airbnb Rental Income: $1013 Traditional Rental Income: $944 Airbnb ROI: 1.69% Traditional ROI: 3.53%
717 N Grant Avenue Indianapolis, IN Welcome to 717-719 N Grant Ave, an exceptional duplex in the improving near east side neig...	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 1.95% Airbnb Rental Income: $1013 Traditional Rental Income: $972 Airbnb ROI: 0.73% Traditional ROI: 1.95%
507 Seminary Drive Dyer, IN What makes this home so inviting? It's a Fabulous, Updated & Turn Key Ready 2007 Sq. Ft. 1...	3 beds \| 2 baths \| 2,007 sq.ft.	$363,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.62% Airbnb Rental Income: $968 Traditional Rental Income: $1966 Airbnb ROI: -0.34% Traditional ROI: 3.62%
517 Lavina Street Fort Wayne, IN Welcome to an exceptional investment opportunity in the heart of downtown Fort Wayne! This...	2 beds \| 2 baths \| 1,184 sq.ft.	$239,900	Airbnb cash on cash: 3.12% Traditional cash on cash: 4.08% Airbnb Rental Income: $1844 Traditional Rental Income: $1564 Airbnb ROI: 3.12% Traditional ROI: 4.08%
602 Lavina Street Fort Wayne, IN Selling under appraised value!!! Nestled in the vibrant heart of downtown, just steps fro...	3 beds \| 2 baths \| 2,084 sq.ft.	$319,900	Airbnb cash on cash: 2.86% Traditional cash on cash: 5.27% Airbnb Rental Income: $1844 Traditional Rental Income: $2071 Airbnb ROI: 2.86% Traditional ROI: 5.27%
518 N State Street Greenfield, IN This Fully furnished renovated move-in ready duplex/Double nearly 3000sf, located in a hig...	N/A beds \| N/A baths \| N/A	$309,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 1.05% Airbnb Rental Income: $1262 Traditional Rental Income: $1092 Airbnb ROI: 0.26% Traditional ROI: 1.05%
1624-1626 Daisy Street SE DeMotte, IN MULTIPLE OFFERS IN- HIGHEST & BEST DUE BY NOON ON 10/11/25*Hard to find in town duplex...	4 beds \| 2 baths \| N/A	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.62% Airbnb Rental Income: $null Traditional Rental Income: $2314 Airbnb ROI: N/A Traditional ROI: 5.62%
627 Covert Avenue Evansville, IN Don't miss this great investment opportunity to own a duplex just minutes from the Arts di...	2 beds \| 2 baths \| 1,590 sq.ft.	$149,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 6.1% Airbnb Rental Income: $908 Traditional Rental Income: $1202 Airbnb ROI: 1.66% Traditional ROI: 6.1%
1822 Tecumseh Street Fort Wayne, IN This fully occupied duplex offers a reliable income. The main unit features 3 bedrooms and...	4 beds \| 2 baths \| 1,662 sq.ft.	$135,000	Airbnb cash on cash: 2.85% Traditional cash on cash: 11.89% Airbnb Rental Income: $1328 Traditional Rental Income: $2090 Airbnb ROI: 2.85% Traditional ROI: 11.89%
513 N Colorado Avenue Indianapolis, IN Spacious duplex with 3 bedrooms and 1 bath on each side. Ideal for investors or owner-occu...	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 3.51% Airbnb Rental Income: $991 Traditional Rental Income: $1101 Airbnb ROI: 0.17% Traditional ROI: 3.51%
2918 Ruckle Street Indianapolis, IN Investment opportunity! Both sides are currently vacant. Each unit has 3 bedrooms, 1.5 b...	N/A beds \| N/A baths \| N/A	$219,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 0.33% Airbnb Rental Income: $1551 Traditional Rental Income: $1028 Airbnb ROI: 0.69% Traditional ROI: 0.33%
102 N Denny Street Indianapolis, IN Near East side duplex in Tuxedo Park, with 3 bedrooms, 1 bathroom, full basement and cover...	N/A beds \| N/A baths \| N/A	$200,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 1.78% Airbnb Rental Income: $991 Traditional Rental Income: $1034 Airbnb ROI: -0.31% Traditional ROI: 1.78%
14556 Clover Avenue Cedar Lake, IN Welcome to this beautiful Paired Villa located in the highly desired Rose Garden Estates o...	2 beds \| 2 baths \| 1,726 sq.ft.	$339,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 4.71% Airbnb Rental Income: $2102 Traditional Rental Income: $2238 Airbnb ROI: 2.59% Traditional ROI: 4.71%
4224 E Washington Street Indianapolis, IN Located at 4224 E Washington ST in Indianapolis, Indiana Spanning 1962 square feet of l...	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 1.79% Airbnb Rental Income: $991 Traditional Rental Income: $992 Airbnb ROI: 0.53% Traditional ROI: 1.79%
730-732 N Euclid Avenue Indianapolis, IN This income producing property houses four tenants in separate studios. Each unit has priv...	N/A beds \| N/A baths \| 683 sq.ft.	$199,500	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.71% Airbnb Rental Income: $991 Traditional Rental Income: $1288 Airbnb ROI: 0.27% Traditional ROI: 3.71%
1703 E 34th Street Indianapolis, IN This income producing property houses four tenants in separate studios. Each unit has priv...	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 4.5% Airbnb Rental Income: $1269 Traditional Rental Income: $1213 Airbnb ROI: 2.43% Traditional ROI: 4.5%
2413 S Gharkey Street Muncie, IN Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie...	N/A beds \| N/A baths \| N/A	$129,900	Airbnb cash on cash: 5.94% Traditional cash on cash: 6.03% Airbnb Rental Income: $1450 Traditional Rental Income: $1030 Airbnb ROI: 5.94% Traditional ROI: 6.03%
137 S Sheridan Avenue Indianapolis, IN Fantastic Cash flowing duplex! 137 side is vacant and has been updated within the last tw...	N/A beds \| N/A baths \| N/A	$154,900	Airbnb cash on cash: 3.13% Traditional cash on cash: 6.78% Airbnb Rental Income: $1243 Traditional Rental Income: $1387 Airbnb ROI: 3.13% Traditional ROI: 6.78%
13654 Freedom Way Cedar Lake, IN READY NOW--no waiting on construction delays! This beautifully maintained duplex offers th...	2 beds \| 2 baths \| 1,615 sq.ft.	$309,900	Airbnb cash on cash: 3.02% Traditional cash on cash: 4.24% Airbnb Rental Income: $2102 Traditional Rental Income: $1919 Airbnb ROI: 3.02% Traditional ROI: 4.24%
421 E North Street Hartford City, IN This exceptional duplex offers a unique opportunity for investors and owner-occupants! Whe...	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.93% Airbnb Rental Income: $null Traditional Rental Income: $2361 Airbnb ROI: N/A Traditional ROI: 10.93%
1718 & 1720 12th Street Bedford, IN Wonderful opportunity! This 1 bedroom, 1 bath duplex is in a great part of town and is wa...	2 beds \| 2 baths \| 1,510 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.26% Airbnb Rental Income: $null Traditional Rental Income: $1884 Airbnb ROI: N/A Traditional ROI: 9.26%
1629 Ewing Avenue Evansville, IN Walk through contingent up acceted offer. Great duplex investment opportunity on the West...	4 beds \| 2 baths \| 2,064 sq.ft.	$164,900	Airbnb cash on cash: 3.76% Traditional cash on cash: 9.12% Airbnb Rental Income: $1380 Traditional Rental Income: $1805 Airbnb ROI: 3.76% Traditional ROI: 9.12%
1118 S 2nd Street Lafayette, IN This duplex investment property offers a fantastic opportunity with one side currently ren...	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: 6.08% Traditional cash on cash: 6.01% Airbnb Rental Income: $1841 Traditional Rental Income: $1335 Airbnb ROI: 6.08% Traditional ROI: 6.01%
300 & 302 Yockey Estates Mitchell, IN Great investment opportunity! This duplex is in a wonderful location nestled on 1 acre of ...	4 beds \| 2 baths \| 1,924 sq.ft.	$144,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.26% Airbnb Rental Income: $null Traditional Rental Income: $1719 Airbnb ROI: N/A Traditional ROI: 9.26%
1602 Quill Street Indianapolis, IN New construction- multi-family unit with 3 bedrooms and 2 full baths per unit. Stacked dup...	N/A beds \| N/A baths \| N/A	$380,000	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.35% Airbnb Rental Income: $982 Traditional Rental Income: $1315 Airbnb ROI: 0.43% Traditional ROI: 2.35%
1831 N 13th Street Lafayette, IN Excellent investment opportunity. Rents total $3600 per month. Located in quiet area. Two ...	4 beds \| 4 baths \| 2,832 sq.ft.	$314,900	Airbnb cash on cash: 2.75% Traditional cash on cash: 3.33% Airbnb Rental Income: $1841 Traditional Rental Income: $1517 Airbnb ROI: 2.75% Traditional ROI: 3.33%
914 N Tuxedo Street Indianapolis, IN This updated duplex meets the 1% rule with great tenants paying $1250 each side for an ann...	N/A beds \| N/A baths \| N/A	$245,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 1.14% Airbnb Rental Income: $1204 Traditional Rental Income: $1003 Airbnb ROI: 0.33% Traditional ROI: 1.14%
1213 Newman Street Indianapolis, IN FULLY RENOVATED QUAD PLEX in a prime location - this property is as turnkey as they come. ...	N/A beds \| N/A baths \| N/A	$599,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.07% Airbnb Rental Income: $1204 Traditional Rental Income: $1136 Airbnb ROI: -0.5% Traditional ROI: 0.07%
2137 Bellefontaine Street Indianapolis, IN "INVESTORS! Ready to Build hard to find QUADPLEX on the MONON TRAIL in sought after Kenn...	N/A beds \| N/A baths \| N/A	$680,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 1.21% Airbnb Rental Income: $970 Traditional Rental Income: $1529 Airbnb ROI: -0.22% Traditional ROI: 1.21%
3135 Kentucky Avenue Indianapolis, IN Introducing a versatile commercial property tailored to your business needs! This spacious...	N/A beds \| N/A baths \| N/A	$224,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.13% Airbnb Rental Income: $690 Traditional Rental Income: $1299 Airbnb ROI: -0.16% Traditional ROI: 4.13%

Your search for investment property begins and ends here

Multi Family for Sale in Indiana

101 Althaus Avenue

Evansville, IN

12 beds | 2 baths | 1,280 sq.ft.

$144,900

Airbnb cash on cash: 3.7%

Traditional cash on cash: 8.61%

Airbnb Rental Income: $1380

Traditional Rental Income: $1643

Airbnb ROI: 3.7%

Traditional ROI: 8.61%

944 N Hamilton Avenue

Indianapolis, IN

N/A beds | N/A baths | N/A

$170,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $991

Traditional Rental Income: $1105

Airbnb ROI: 1.63%

Traditional ROI: 4.52%

2913 Boulevard Place

Indianapolis, IN

N/A beds | N/A baths | N/A

$172,900

Airbnb cash on cash: 3.76%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1455

Traditional Rental Income: $972

Airbnb ROI: 3.76%

Traditional ROI: 3.45%

418 Eastern Avenue

Indianapolis, IN

N/A beds | N/A baths | N/A

$329,900

Airbnb cash on cash: 0.22%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $991

Traditional Rental Income: $1415

Airbnb ROI: 0.22%

Traditional ROI: 2.73%

1302 Huestis Avenue

Fort Wayne, IN

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

$207,500

Airbnb cash on cash: -0.66%

Traditional cash on cash: 9.24%

Airbnb Rental Income: $938

Traditional Rental Income: $2542

Airbnb ROI: -0.66%

Traditional ROI: 9.24%

1133/1135 Tecumseh Street

Indianapolis, IN

N/A beds | N/A baths | N/A

$360,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 0.94%

Airbnb Rental Income: $991

Traditional Rental Income: $1014

Airbnb ROI: -0.18%

Traditional ROI: 0.94%

50 S Colorado Avenue

Indianapolis, IN

N/A beds | N/A baths | N/A

$149,900

Airbnb cash on cash: 1.98%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $991

Traditional Rental Income: $886

Airbnb ROI: 1.98%

Traditional ROI: 3.71%

60 S Mount Street

Indianapolis, IN

N/A beds | N/A baths | N/A

$190,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $1058

Traditional Rental Income: $1091

Airbnb ROI: 0.5%