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 342 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
900 E Cherry St Petersburg, IN Great opportunity for investors! This large historic-style home has been converted into 3 ...	6 beds \| 3 baths \| 2,316 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $2446 Airbnb ROI: N/A Traditional ROI: 7.4%
1102 N Dearborn St Indianapolis, IN Turnkey duplex in Brookside neighborhood, just 5 minutes from downtown Indianapolis. Featu...	5 beds \| N/A baths \| 2,693 sq.ft.	$229,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.2% Airbnb Rental Income: $826 Traditional Rental Income: $996 Airbnb ROI: -0.09% Traditional ROI: 2.2%
401 S Randolph St Indianapolis, IN Investor or House Hack Opportunity Near Fountain Square! Discover this duplex featuring t...	4 beds \| N/A baths \| 3,808 sq.ft.	$194,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.15% Airbnb Rental Income: $1009 Traditional Rental Income: $978 Airbnb ROI: 1.38% Traditional ROI: 3.15%
1704 Central Ave Whiting, IN HOT Deal Alert: This property deal has a high potential return. Make sure you strike while...	6 beds \| 3 baths \| 3,456 sq.ft.	$369,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.2% Airbnb Rental Income: $null Traditional Rental Income: $2529 Airbnb ROI: N/A Traditional ROI: 5.2%
1419 S 9th Street Noblesville, IN Exceptional Investment Opportunity in High-Demand Noblesville! Don't miss your chance to ...	6 beds \| 3 baths \| N/A	$350,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 1.94% Airbnb Rental Income: $2551 Traditional Rental Income: $1282 Airbnb ROI: 3.93% Traditional ROI: 1.94%
2619 E 5th St Bloomington, IN Check out this prime rental property in the Green Acres neighborhood. Currently rented at...	3 beds \| 1 baths \| 928 sq.ft.	$314,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 1.82% Airbnb Rental Income: $1412 Traditional Rental Income: $1228 Airbnb ROI: 1.04% Traditional ROI: 1.82%
60 S Mount St Indianapolis, IN Looking for an income generating duplex minutes from downtown? This duplex has two townhom...	4 beds \| N/A baths \| 4,608 sq.ft.	$159,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 3.39% Airbnb Rental Income: $781 Traditional Rental Income: $1091 Airbnb ROI: -0.73% Traditional ROI: 3.39%
3723 N Kenwood Ave Indianapolis, IN Excellent location just off Meridian and close enough to downtown for a cheap uber ride to...	4 beds \| 2 baths \| N/A	$192,900	Airbnb cash on cash: 6.65% Traditional cash on cash: 2.38% Airbnb Rental Income: $2131 Traditional Rental Income: $805 Airbnb ROI: 6.65% Traditional ROI: 2.38%
2101 27th St Bedford, IN Great opportunity to own this charming 4 plex in Bedford. Located on the corner of 27th S...	8 beds \| 4 baths \| 3,016 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.11% Airbnb Rental Income: $null Traditional Rental Income: $2606 Airbnb ROI: N/A Traditional ROI: 7.11%
332 S Main St Montpelier, IN Triplex with monthly income of $1833 (Unit A $700, Unit B $455, Unit C $678) Owner pays wa...	4 beds \| 3 baths \| 2,691 sq.ft.	$169,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.3% Airbnb Rental Income: $null Traditional Rental Income: $1510 Airbnb ROI: N/A Traditional ROI: 7.3%
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: 0.7% Traditional cash on cash: 3.53% Airbnb Rental Income: $826 Traditional Rental Income: $944 Airbnb ROI: 0.7% Traditional ROI: 3.53%
417 W 39th St Indianapolis, IN INVESTOR ALERT! Located in the highly regarded Butler Tarkington neighborhood, 417-419 W 3...	5 beds \| N/A baths \| 2,570 sq.ft.	$250,000	Airbnb cash on cash: 3.76% Traditional cash on cash: 0.82% Airbnb Rental Income: $2131 Traditional Rental Income: $892 Airbnb ROI: 3.76% Traditional ROI: 0.82%
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: 0.13% Traditional cash on cash: 1.95% Airbnb Rental Income: $826 Traditional Rental Income: $972 Airbnb ROI: 0.13% Traditional ROI: 1.95%
2455 Shelby St Indianapolis, IN Discover the inviting multi-family residence, a ready-to-move-in property awaiting its nex...	8 beds \| N/A baths \| 3,058 sq.ft.	$445,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 1.42% Airbnb Rental Income: $332 Traditional Rental Income: $1310 Airbnb ROI: -1.51% Traditional ROI: 1.42%
2805 Boulevard Pl Indianapolis, IN Welcome to 2805 Boulevard Place - a versatile top/bottom duplex in the rapidly developing ...	4 beds \| N/A baths \| 2,960 sq.ft.	$199,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.01% Airbnb Rental Income: $921 Traditional Rental Income: $976 Airbnb ROI: -0.09% Traditional ROI: 2.01%
28 S Dearborn St Indianapolis, IN Great investment opportunity. Fully remodeled Duplex minutes away from downtown Indy; both...	5 beds \| N/A baths \| 2,266 sq.ft.	$269,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 5.38% Airbnb Rental Income: $826 Traditional Rental Income: $1845 Airbnb ROI: 0.19% Traditional ROI: 5.38%
102 N Denny St Indianapolis, IN Near East side duplex in Tuxedo Park, with 3 bedrooms, 1 bathroom, full basement and cover...	6 beds \| N/A baths \| 236,900 sq.ft.	$190,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 1.85% Airbnb Rental Income: $826 Traditional Rental Income: $1034 Airbnb ROI: -1.03% Traditional ROI: 1.85%
339 E Washington St Greensburg, IN 2 unit rental property located within walking distance to downtown Greensburg. New vinyl s...	3 beds \| N/A baths \| 2,252 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.18% Airbnb Rental Income: $null Traditional Rental Income: $1473 Airbnb ROI: N/A Traditional ROI: 5.18%
1931 N Oxford St Indianapolis, IN Excellent opportunity for investors and house hackers seeking a solid duplex with upside i...	2 beds \| N/A baths \| 2,377,760 sq.ft.	$135,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 4.04% Airbnb Rental Income: $706 Traditional Rental Income: $894 Airbnb ROI: 0.23% Traditional ROI: 4.04%
1503 S 7th St Terre Haute, IN	1 beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.69% Airbnb Rental Income: $768 Traditional Rental Income: $1317 Airbnb ROI: -0.66% Traditional ROI: 3.69%
2413 S Gharkey Street Muncie, IN Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie...	7 beds \| 2 baths \| N/A	$109,900	Airbnb cash on cash: 5.96% Traditional cash on cash: 7.25% Airbnb Rental Income: $1298 Traditional Rental Income: $1030 Airbnb ROI: 5.96% Traditional ROI: 7.25%
3042-3044 English Ave Indianapolis, IN Duplex on near East side of Indianapolis. Both units have 1 bedroom and 1 full bath with K...	1 beds \| N/A baths \| 260 sq.ft.	$160,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 2.98% Airbnb Rental Income: $545 Traditional Rental Income: $883 Airbnb ROI: -1.06% Traditional ROI: 2.98%
1701 Woodlawn Avenue Indianapolis, IN Discover an exceptional opportunity in the heart of Fountain Square, one of Indianapolis' ...	4 beds \| 2 baths \| N/A	$299,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 3.88% Airbnb Rental Income: $815 Traditional Rental Income: $1795 Airbnb ROI: -0.75% Traditional ROI: 3.88%
1714 M St Bedford, IN Great Investment Property! 100% occupied. Three 1BD/1BA and One 2BD/1BA apartment. There i...	5 beds \| 4 baths \| 3,328 sq.ft.	$290,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.52% Airbnb Rental Income: $null Traditional Rental Income: $3123 Airbnb ROI: N/A Traditional ROI: 9.52%
40 N Lasalle St Indianapolis, IN Welcome to 40 N Lasalle, where this charming duplex awaits you! This is the perfect opport...	4 beds \| N/A baths \| 2,964 sq.ft.	$204,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.55% Airbnb Rental Income: $826 Traditional Rental Income: $912 Airbnb ROI: 0.48% Traditional ROI: 2.55%
1017 S 7th St Terre Haute, IN	1 beds \| N/A baths \| N/A	$41,400	Airbnb cash on cash: 1.87% Traditional cash on cash: 11.91% Airbnb Rental Income: $768 Traditional Rental Income: $977 Airbnb ROI: 1.87% Traditional ROI: 11.91%
421 E North St Hartford City, IN This exceptional duplex offers a unique opportunity for investors and owner-occupants! Whe...	6 beds \| 4 baths \| N/A	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.54% Airbnb Rental Income: $null Traditional Rental Income: $2361 Airbnb ROI: N/A Traditional ROI: 11.54%
11395 W 133rd Lane Cedar Lake, IN MAINTENANCE FREE BRICK AND VINYL DUPLEX...2 2BDRM / 1 BATH UNITS WITH GARAGES THAT ARE FUL...	4 beds \| 2 baths \| N/A	$419,900	Airbnb cash on cash: 1.88% Traditional cash on cash: 2.84% Airbnb Rental Income: $2477 Traditional Rental Income: $2251 Airbnb ROI: 1.88% Traditional ROI: 2.84%
224 Tinkler St Lafayette, IN Turnkey 4-Unit Investment Opportunity Alert! Donât miss this beautifully updated four-un...	4 beds \| 4 baths \| 3,332 sq.ft.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.95% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 2.95%
1718 & 1720 12th St 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: 0.81% Traditional cash on cash: 9.26% Airbnb Rental Income: $892 Traditional Rental Income: $1884 Airbnb ROI: 0.81% Traditional ROI: 9.26%
1629 Ewing Avenue Evansville, IN Great duplex investment opportunity on the Westside. Upstairs unit was fully remodeled in ...	4 beds \| 2 baths \| 2,064 sq.ft.	$164,900	Airbnb cash on cash: 2.81% Traditional cash on cash: 9.12% Airbnb Rental Income: $1201 Traditional Rental Income: $1805 Airbnb ROI: 2.81% Traditional ROI: 9.12%
602 S Biltmore Avenue Indianapolis, IN Turnkey All-Brick Duplex in Indianapolis - Ideal Investment Opportunity! This fantastic...	4 beds \| 2 baths \| N/A	$215,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.55% Airbnb Rental Income: $1235 Traditional Rental Income: $1432 Airbnb ROI: 1.64% Traditional ROI: 4.55%
1358 Chestnut St Terre Haute, IN	2 beds \| N/A baths \| N/A	$425,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.82% Airbnb Rental Income: $1157 Traditional Rental Income: $1382 Airbnb ROI: 0.29% Traditional ROI: 1.82%
107 N Us Highway 27 Fountain City, IN Amazing investment opportunity with this 4 Plex in Fountain City. Hard to find 4 Plex w/ i...	7 beds \| N/A baths \| 3,000 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $881 Airbnb ROI: N/A Traditional ROI: 3.23%
713 N Main St West Baden Springs, IN PRICE REDUCTION*** Wonderful investment opportunity in historical West Baden Springs! Loo...	1 beds \| N/A baths \| 3,913 sq.ft.	$689,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 1.88% Airbnb Rental Income: $923 Traditional Rental Income: $2217 Airbnb ROI: -0.67% Traditional ROI: 1.88%
300 & 302 Yockey Estates Mitchell, IN This property has endless potential! Rent the units, live in one side and rent the other o...	4 beds \| 2 baths \| 1,924 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.62% Airbnb Rental Income: $null Traditional Rental Income: $1719 Airbnb ROI: N/A Traditional ROI: 9.62%
402 E 1st St Bloomington, IN Here's your chance to own a 1920's 5 bedroom, 3 bath investment property in the heart of B...	5 beds \| 3 baths \| 2,455 sq.ft.	$744,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 2.64% Airbnb Rental Income: $1564 Traditional Rental Income: $3399 Airbnb ROI: -0.56% Traditional ROI: 2.64%
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: 0.11% Traditional cash on cash: 2.35% Airbnb Rental Income: $849 Traditional Rental Income: $1315 Airbnb ROI: 0.11% Traditional ROI: 2.35%
706 S Ellsworth St Milan, IN Solid income-producing duplex in a convenient location with strong rental appeal. Each uni...	N/A beds \| N/A baths \| 1,371 sq.ft.	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.81% Airbnb Rental Income: $null Traditional Rental Income: $918 Airbnb ROI: N/A Traditional ROI: 4.81%
2302 W 37th Ave Hobart, IN Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	4 beds \| 2 baths \| 2,401 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $1844 Airbnb ROI: N/A Traditional ROI: 5.19%

Your search for investment property begins and ends here

Multi Family for Sale in Indiana

900 E Cherry St

Petersburg, IN

6 beds | 3 baths | 2,316 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2446

Airbnb ROI: N/A

Traditional ROI: 7.4%

1102 N Dearborn St

Indianapolis, IN

5 beds | N/A baths | 2,693 sq.ft.

$229,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 2.2%

Airbnb Rental Income: $826

Traditional Rental Income: $996

Airbnb ROI: -0.09%

Traditional ROI: 2.2%

401 S Randolph St

Indianapolis, IN

4 beds | N/A baths | 3,808 sq.ft.

$194,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1009

Traditional Rental Income: $978

Airbnb ROI: 1.38%

Traditional ROI: 3.15%

1704 Central Ave

Whiting, IN

6 beds | 3 baths | 3,456 sq.ft.

$369,999

Airbnb cash on cash: N/A

Traditional cash on cash: 5.2%

Airbnb Rental Income: $null

Traditional Rental Income: $2529

Airbnb ROI: N/A

Traditional ROI: 5.2%

1419 S 9th Street

Noblesville, IN

6 beds | 3 baths | N/A

$350,000

Airbnb cash on cash: 3.93%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $2551

Traditional Rental Income: $1282

Airbnb ROI: 3.93%

Traditional ROI: 1.94%

2619 E 5th St

Bloomington, IN

3 beds | 1 baths | 928 sq.ft.

$314,900

Airbnb cash on cash: 1.04%

Traditional cash on cash: 1.82%

Airbnb Rental Income: $1412

Traditional Rental Income: $1228

Airbnb ROI: 1.04%

Traditional ROI: 1.82%

60 S Mount St

Indianapolis, IN

4 beds | N/A baths | 4,608 sq.ft.

$159,900

Airbnb cash on cash: -0.73%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $781

Traditional Rental Income: $1091

Airbnb ROI: -0.73%

Traditional ROI: 3.39%

3723 N Kenwood Ave

Indianapolis, IN

4 beds | 2 baths | N/A

$192,900

Airbnb cash on cash: 6.65%

Traditional cash on cash: 2.38%

Airbnb Rental Income: $2131

Traditional Rental Income: $805

Airbnb ROI: 6.65%