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 215 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
10208 E 46th Street Indianapolis, IN Welcome to 10208 E 46th St, a beautifully updated side-by-side duplex located in the desir...	N/A beds \| N/A baths \| N/A	$185,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 3.27% Airbnb Rental Income: $1069 Traditional Rental Income: $1048 Airbnb ROI: 1.3% Traditional ROI: 3.27%
944 N Hamilton Avenue Indianapolis, IN Fully leased with gross annual rent of \$18,780, this 2-unit property offers immediate, re...	N/A beds \| N/A baths \| N/A	$170,000	Airbnb cash on cash: 3.42% Traditional cash on cash: 4.52% Airbnb Rental Income: $1338 Traditional Rental Income: $1105 Airbnb ROI: 3.42% Traditional ROI: 4.52%
5527 Maggie Mae Court Crown Point, IN Come see this Beautiful 2 Bedroom, 2 Bath 1/2-Duplex with a sunroom and fenced yard, all s...	2 beds \| 2 baths \| 1,600 sq.ft.	$330,000	Airbnb cash on cash: 4.37% Traditional cash on cash: 4.72% Airbnb Rental Income: $2539 Traditional Rental Income: $2037 Airbnb ROI: 4.37% Traditional ROI: 4.72%
2913 Boulevard Place Indianapolis, IN Reduced! Seller says sell, make us an offer. Fully leased Duplex in up and coming area w/ ...	6 beds \| 4 baths \| N/A	$172,900	Airbnb cash on cash: 3.97% Traditional cash on cash: 3.45% Airbnb Rental Income: $1495 Traditional Rental Income: $972 Airbnb ROI: 3.97% Traditional ROI: 3.45%
1666 S Talbott Street Indianapolis, IN Cashflowing duplex + vacant lot is included in the price! Check out this 2 bed 1 bath per ...	4 beds \| 2 baths \| N/A	$189,000	Airbnb cash on cash: 5.43% Traditional cash on cash: 3.45% Airbnb Rental Income: $1859 Traditional Rental Income: $1003 Airbnb ROI: 5.43% Traditional ROI: 3.45%
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.	$210,000	Airbnb cash on cash: 5.46% Traditional cash on cash: 9.12% Airbnb Rental Income: $2403 Traditional Rental Income: $2542 Airbnb ROI: 5.46% Traditional ROI: 9.12%
4491 W 77th Avenue Merrillville, IN Welcome to this beautiful half Duplex with 3 levels of living. This better than new home ...	3 beds \| 4 baths \| 2,711 sq.ft.	$375,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 6.47% Airbnb Rental Income: $2760 Traditional Rental Income: $3061 Airbnb ROI: 3.77% Traditional ROI: 6.47%
1419 S 9th Street Noblesville, IN Exceptional Triplex Investment Opportunity in High-Demand Noblesville! Don't miss your ch...	6 beds \| 3 baths \| N/A	$350,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 1.94% Airbnb Rental Income: $1138 Traditional Rental Income: $1282 Airbnb ROI: 0.35% Traditional ROI: 1.94%
1206 N Gladstone Avenue Indianapolis, IN The duplex of dreams! This duplex offers two units, each of which offers 1 bedroom and 1 b...	N/A beds \| N/A baths \| N/A	$140,000	Airbnb cash on cash: 4.12% Traditional cash on cash: 4.61% Airbnb Rental Income: $1338 Traditional Rental Income: $992 Airbnb ROI: 4.12% Traditional ROI: 4.61%
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: 3.41% Traditional cash on cash: 3.53% Airbnb Rental Income: $1338 Traditional Rental Income: $944 Airbnb ROI: 3.41% Traditional ROI: 3.53%
6639 Alexander Avenue Hammond, IN Great investment opportunity! This income-producing 2-unit property features a front unit ...	3 beds \| 2 baths \| N/A	$199,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 3.94% Airbnb Rental Income: $1801 Traditional Rental Income: $1284 Airbnb ROI: 4.09% Traditional ROI: 3.94%
1538 N Grant Avenue Indianapolis, IN NEW PRICE on this Investment Opportunity - 4-Unit Section 8 Property in Glass Works Subdiv...	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 2.35% Airbnb Rental Income: $1338 Traditional Rental Income: $1283 Airbnb ROI: 0.78% Traditional ROI: 2.35%
320 Brandriff Street Fort Wayne, IN Discover an exceptional income-generating opportunity with this beautifully renovated dupl...	3 beds \| 2 baths \| 2,072 sq.ft.	$139,900	Airbnb cash on cash: 4.43% Traditional cash on cash: 9.19% Airbnb Rental Income: $1311 Traditional Rental Income: $1542 Airbnb ROI: 4.43% Traditional ROI: 9.19%
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.	$249,900	Airbnb cash on cash: 4.96% Traditional cash on cash: 3.88% Airbnb Rental Income: $2410 Traditional Rental Income: $1564 Airbnb ROI: 4.96% Traditional ROI: 3.88%
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: 4.43% Traditional cash on cash: 5.27% Airbnb Rental Income: $2410 Traditional Rental Income: $2071 Airbnb ROI: 4.43% Traditional ROI: 5.27%
2117 W Morgan Avenue Chesterton, IN Why rent when you can own? This inviting 2-story townhome offers 1,120 sq ft of comfortabl...	2 beds \| 2 baths \| 1,120 sq.ft.	$192,000	Airbnb cash on cash: 6.76% Traditional cash on cash: 5.86% Airbnb Rental Income: $2278 Traditional Rental Income: $1545 Airbnb ROI: 6.76% Traditional ROI: 5.86%
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	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.99% Airbnb Rental Income: $null Traditional Rental Income: $1092 Airbnb ROI: N/A Traditional ROI: 0.99%
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: N/A Traditional cash on cash: 6.1% Airbnb Rental Income: $null Traditional Rental Income: $1202 Airbnb ROI: N/A 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.	$139,900	Airbnb cash on cash: 7.26% Traditional cash on cash: 11.45% Airbnb Rental Income: $2060 Traditional Rental Income: $2090 Airbnb ROI: 7.26% Traditional ROI: 11.45%
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: 1.98% Traditional cash on cash: 0.14% Airbnb Rental Income: $1872 Traditional Rental Income: $988 Airbnb ROI: 1.98% Traditional ROI: 0.14%
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: 1.8% Traditional cash on cash: 3.71% Airbnb Rental Income: $1338 Traditional Rental Income: $1288 Airbnb ROI: 1.8% Traditional ROI: 3.71%
7637 Hessen Cassel Road Fort Wayne, IN Discover a turnkey, purpose-built duplex, offering two mirror-image units, each with 2 bed...	4 beds \| 4 baths \| 1,685 sq.ft.	$229,900	Airbnb cash on cash: 1.68% Traditional cash on cash: 9.78% Airbnb Rental Income: $1180 Traditional Rental Income: $2556 Airbnb ROI: 1.68% Traditional ROI: 9.78%
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	$179,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 4.38% Airbnb Rental Income: $1423 Traditional Rental Income: $1213 Airbnb ROI: 3.11% Traditional ROI: 4.38%
215 W Franklin Street Shelbyville, IN Looking to expand your investment portfolio or start your journey in real estate? This cha...	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.65% Airbnb Rental Income: $null Traditional Rental Income: $1355 Airbnb ROI: N/A Traditional ROI: 6.65%
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	$150,000	Airbnb cash on cash: 3% Traditional cash on cash: 7.02% Airbnb Rental Income: $1198 Traditional Rental Income: $1387 Airbnb ROI: 3% Traditional ROI: 7.02%
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	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.37% Airbnb Rental Income: $null Traditional Rental Income: $2361 Airbnb ROI: N/A Traditional ROI: 10.37%
1205 Nicholas Street #2 Vincennes, IN This duplex has a nice corner lot location which provides some off street and street parki...	3 beds \| 2 baths \| 1,260 sq.ft.	$117,500	Airbnb cash on cash: N/A Traditional cash on cash: 11.84% Airbnb Rental Income: $null Traditional Rental Income: $1616 Airbnb ROI: N/A Traditional ROI: 11.84%
417 W Main Street Lebanon, IN Rare multi-family opportunity in Lebanon, IN. This duplex is perfect for an investor or a...	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: 2.36% Traditional cash on cash: 2.09% Airbnb Rental Income: $1436 Traditional Rental Income: $947 Airbnb ROI: 2.36% Traditional ROI: 2.09%
1118 S 2nd Street Lafayette, IN This duplex investment property offers a fantastic opportunity with one side currently ren...	3 beds \| 2 baths \| N/A	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.45% Airbnb Rental Income: $null Traditional Rental Income: $1335 Airbnb ROI: N/A Traditional ROI: 5.45%
830 Daisy Circle NE DeMotte, IN Low maintenance Living! Welcome Home to this spacious paired villa/condo located on a cor...	2 beds \| 2 baths \| 1,455 sq.ft.	$269,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.18% Airbnb Rental Income: $null Traditional Rental Income: $1804 Airbnb ROI: N/A Traditional ROI: 5.18%
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: 2.16% Traditional cash on cash: 2.35% Airbnb Rental Income: $1725 Traditional Rental Income: $1315 Airbnb ROI: 2.16% Traditional ROI: 2.35%
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: 0.81% Traditional cash on cash: 1.14% Airbnb Rental Income: $1338 Traditional Rental Income: $1003 Airbnb ROI: 0.81% Traditional ROI: 1.14%
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	$239,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 3.82% Airbnb Rental Income: $774 Traditional Rental Income: $1299 Airbnb ROI: 0.1% Traditional ROI: 3.82%
209 N 2Nd Avenue Evansville, IN Investment Opportunity, fully occupied duplex. Bot units are on section 8 currently. Owner...	3 beds \| 2 baths \| 966 sq.ft.	$107,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.86% Airbnb Rental Income: $null Traditional Rental Income: $1350 Airbnb ROI: N/A Traditional ROI: 10.86%
546 Eastern Avenue Indianapolis, IN This cash-flowing quadruplex is an excellent investment opportunity in the St Clair Place ...	N/A beds \| N/A baths \| N/A	$425,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 0.76% Airbnb Rental Income: $1338 Traditional Rental Income: $1373 Airbnb ROI: -0.36% Traditional ROI: 0.76%
4652 N Kenwood Avenue Indianapolis, IN This 3,100+ SF Butler-Tarkington duplex has been beautifully renovated and updated with al...	N/A beds \| N/A baths \| N/A	$530,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 0.5% Airbnb Rental Income: $1789 Traditional Rental Income: $1757 Airbnb ROI: -0.41% Traditional ROI: 0.5%
2418 -2420 Fletcher Street Anderson, IN Investor ready! Renovated duplex ready for its new owner. Both units are currently occupie...	N/A beds \| N/A baths \| N/A	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.22% Airbnb Rental Income: $null Traditional Rental Income: $1752 Airbnb ROI: N/A Traditional ROI: 11.22%
6405 Kennedy Avenue Hammond, IN Two rented apartments plus owner operated tavern with 3 way license. Large corner lot wit...	5 beds \| 4 baths \| N/A	$260,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.89% Airbnb Rental Income: $null Traditional Rental Income: $3677 Airbnb ROI: N/A Traditional ROI: 11.89%
2715 Floyd Street Lake Station, IN Rare Dual-Home Opportunity in a Prime Location!Welcome to 2715 Floyd St, a one-of-a-kind p...	4 beds \| 2 baths \| N/A	$249,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 7.22% Airbnb Rental Income: $1958 Traditional Rental Income: $2227 Airbnb ROI: 3.89% Traditional ROI: 7.22%
1814 College Street Fort Wayne, IN Unique Duplex Opportunity Within Walking Distance to Electric Works! Location is everythi...	6 beds \| 2 baths \| 2,820 sq.ft.	$318,888	Airbnb cash on cash: 1.25% Traditional cash on cash: 6.55% Airbnb Rental Income: $1426 Traditional Rental Income: $2588 Airbnb ROI: 1.25% Traditional ROI: 6.55%

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Multi Family for Sale in Indiana

10208 E 46th Street

Indianapolis, IN

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

$185,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 3.27%

Airbnb Rental Income: $1069

Traditional Rental Income: $1048

Airbnb ROI: 1.3%

Traditional ROI: 3.27%

944 N Hamilton Avenue

Indianapolis, IN

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

$170,000

Airbnb cash on cash: 3.42%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $1338

Traditional Rental Income: $1105

Airbnb ROI: 3.42%

Traditional ROI: 4.52%

5527 Maggie Mae Court

Crown Point, IN

2 beds | 2 baths | 1,600 sq.ft.

$330,000

Airbnb cash on cash: 4.37%

Traditional cash on cash: 4.72%

Airbnb Rental Income: $2539

Traditional Rental Income: $2037

Airbnb ROI: 4.37%

Traditional ROI: 4.72%

2913 Boulevard Place

Indianapolis, IN

6 beds | 4 baths | N/A

$172,900

Airbnb cash on cash: 3.97%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1495

Traditional Rental Income: $972

Airbnb ROI: 3.97%

Traditional ROI: 3.45%

1666 S Talbott Street

Indianapolis, IN

4 beds | 2 baths | N/A

$189,000

Airbnb cash on cash: 5.43%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1859

Traditional Rental Income: $1003

Airbnb ROI: 5.43%

Traditional ROI: 3.45%

1302 Huestis Avenue

Fort Wayne, IN

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

$210,000

Airbnb cash on cash: 5.46%

Traditional cash on cash: 9.12%

Airbnb Rental Income: $2403

Traditional Rental Income: $2542

Airbnb ROI: 5.46%

Traditional ROI: 9.12%

4491 W 77th Avenue

Merrillville, IN

3 beds | 4 baths | 2,711 sq.ft.

$375,000

Airbnb cash on cash: 3.77%

Traditional cash on cash: 6.47%

Airbnb Rental Income: $2760

Traditional Rental Income: $3061

Airbnb ROI: 3.77%

Traditional ROI: 6.47%

1419 S 9th Street

Noblesville, IN

6 beds | 3 baths | N/A

$350,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $1138

Traditional Rental Income: $1282

Airbnb ROI: 0.35%