Real Estate Investment Properties for Sale in Nappanee, IN

Looking for investment property in Nappanee, IN with high ROI ?

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

Investment Property for Sale in Nappanee, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
508 Heritage Parkway Nappanee, IN Location, updates, and space-this tri-level home has it all! Conveniently located within w...	3 beds \| 2 baths \| 1,741 sq.ft.	$275,000	Airbnb cash on cash: 1.55% Traditional cash on cash: 7.18% Airbnb Rental Income: $1393 Traditional Rental Income: $2433 Airbnb ROI: 1.55% Traditional ROI: 7.18%
1031 Blackstone Boulevard Nappanee, IN Get into this beautifully updated 2 bed, 2 full-bath 1,542 sqft. duplex in Nappanee offeri...	2 beds \| 2 baths \| 1,541 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $2159 Airbnb ROI: N/A Traditional ROI: 5.04%
1 Boulder Court Nappanee, IN Welcome to easy, maintenance-free living in Nappanee! This beautifully updated end-unit co...	3 beds \| 2 baths \| 1,488 sq.ft.	$279,900	Airbnb cash on cash: 0.98% Traditional cash on cash: 5.8% Airbnb Rental Income: $1393 Traditional Rental Income: $2244 Airbnb ROI: 0.98% Traditional ROI: 5.8%
1479 Golf View Drive Nappanee, IN Enjoy picturesque golf course & pond views from this beautiful 4-bedroom, 3.5-bath home lo...	4 beds \| 4 baths \| 2,599 sq.ft.	$387,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.46% Airbnb Rental Income: $null Traditional Rental Income: $3098 Airbnb ROI: N/A Traditional ROI: 6.46%
752 E Lincoln Street Nappanee, IN This 4-BR 1 bath Cutie is sure to please a growing family. Spacious open floor plan, newly...	4 beds \| 1 baths \| 1,284 sq.ft.	$196,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.69% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 7.69%
208 N Nappanee Street Nappanee, IN Now priced @ $199,999--- Welcome to 208 N. Nappanee Street, located in the highly desirabl...	3 beds \| 3 baths \| 1,708 sq.ft.	$199,999	Airbnb cash on cash: 2.77% Traditional cash on cash: 11.46% Airbnb Rental Income: $1393 Traditional Rental Income: $2621 Airbnb ROI: 2.77% Traditional ROI: 11.46%
1410 McCormick Drive Nappanee, IN This thoughtfully designed home offers maintenance-free, easy one-level living with a sett...	3 beds \| 3 baths \| 2,464 sq.ft.	$330,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 1.6% Airbnb Rental Income: $1393 Traditional Rental Income: $1393 Airbnb ROI: 0.24% Traditional ROI: 1.6%
652 Bungalow Drive Nappanee, IN Update: The entire house was recently repainted. Primary closet was redesigned. Basement w...	4 beds \| 3 baths \| 3,168 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $2561 Airbnb ROI: N/A Traditional ROI: 5.19%
72355 County Road 3 Nappanee, IN Investment property! 2 for 1 deal! Two homes and approximately 0.74A of land. House #1 has...	5 beds \| 3 baths \| N/A	$298,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.03% Airbnb Rental Income: $null Traditional Rental Income: $3144 Airbnb ROI: N/A Traditional ROI: 9.03%
401 W Indiana Ave. Nappanee, IN This 3-BR 1 bath Beauty is sure to please! No Honey Do List here! The outside has new viny...	3 beds \| 1 baths \| N/A	$224,900	Airbnb cash on cash: 2.18% Traditional cash on cash: 6.19% Airbnb Rental Income: $1393 Traditional Rental Income: $1825 Airbnb ROI: 2.18% Traditional ROI: 6.19%
525 Miller's Court Nappanee, IN *$2000 BUYER BROKER BONUS* Bring an accepted offer by July 6th. New Construction - Mov...	2 beds \| 2 baths \| N/A	$394,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.16% Airbnb Rental Income: $null Traditional Rental Income: $2315 Airbnb ROI: N/A Traditional ROI: 4.16%
502 W Market St. Nappanee, IN Charming and well loved 3-4 bedroom home ideally located on Main Street in the heart of do...	3 beds \| 1 baths \| 1,273 sq.ft.	$250,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 5.34% Airbnb Rental Income: $1393 Traditional Rental Income: $1754 Airbnb ROI: 2.03% Traditional ROI: 5.34%
26404 County Road 52 Nappanee, IN Looking for country living in the Wa-Nee School District? Look no further! This spacious h...	4 beds \| 3 baths \| 2,592 sq.ft.	$349,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $2271 Airbnb ROI: N/A Traditional ROI: 5.09%
1073 Blackstone Boulevard Nappanee, IN Beautifully maintained duplex in desirable Nappanee offering more than 2,800 square feet o...	4 beds \| 3 baths \| 2,878 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.32% Airbnb Rental Income: $null Traditional Rental Income: $3163 Airbnb ROI: N/A Traditional ROI: 6.32%
401 Pleasant Acres Nappanee, IN *MULTIPLE OFFERS - Highest and best by 6/1 at 8PM* Seeking peaceful Nappanee? You won'...	3 beds \| 3 baths \| 1,621 sq.ft.	$259,900	Airbnb cash on cash: 1.85% Traditional cash on cash: 7.99% Airbnb Rental Income: $1393 Traditional Rental Income: $2479 Airbnb ROI: 1.85% Traditional ROI: 7.99%
1002 NorthWood Dr. Nappanee, IN This 3-4 BR Tri-level has a wonderful open floor plan with plenty of room to entertain and...	4 beds \| 3 baths \| 1,948 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.18% Airbnb Rental Income: $null Traditional Rental Income: $2892 Airbnb ROI: N/A Traditional ROI: 8.18%
852 E Walnut Street Nappanee, IN This spacious 4-BR home has beautiful plank flooring in the living and dining rooms, overs...	4 beds \| 1 baths \| 1,464 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $1955 Airbnb ROI: N/A Traditional ROI: 6.59%
305 W Indiana Avenue Nappanee, IN ~All offers due: 6/17 @ NOON. Please make offers good through 9pm on 6/17. Sweet and well-...	3 beds \| 1 baths \| 912 sq.ft.	$210,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 5.7% Airbnb Rental Income: $1393 Traditional Rental Income: $1580 Airbnb ROI: 2.64% Traditional ROI: 5.7%
158 N Madison Street Nappanee, IN This meticulously maintained 1890 one-and-a-half-story home is ready for its next owner! F...	3 beds \| 2 baths \| 2,162 sq.ft.	$289,900	Airbnb cash on cash: 1.57% Traditional cash on cash: 7.15% Airbnb Rental Income: $1393 Traditional Rental Income: $2495 Airbnb ROI: 1.57% Traditional ROI: 7.15%
1170 Blackstone Boulevard Nappanee, IN Waterfront sunsets, quality construction, & upgrades you won't have to add yourself-this m...	3 beds \| 2 baths \| 1,599 sq.ft.	$525,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.45% Airbnb Rental Income: $1393 Traditional Rental Income: $2624 Airbnb ROI: 0.08% Traditional ROI: 3.45%

Real Estate investment in Nappanee, IN

There are 22 properties for sale in the city of Nappanee . The median list price in Nappanee is $207,876 and the average price per square foot is $112. In July 2026, the average monthly cash on cash return in Nappanee is 6.00%. The average monthly rental income in Nappanee is $2,374.

Nappanee, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 22 investment properties available for sale in Nappanee.

In 2026, the best neighborhood to buy investment property is Nappanee.

The ROI for Long-Term is higher than the Short-Term in Nappanee with average rental income of $2,374.

Your search for investment property begins and ends here

Investment Property for Sale in Nappanee, IN

508 Heritage Parkway

Nappanee, IN

3 beds | 2 baths | 1,741 sq.ft.

$275,000

Airbnb cash on cash: 1.55%

Traditional cash on cash: 7.18%

Airbnb Rental Income: $1393

Traditional Rental Income: $2433

Airbnb ROI: 1.55%

Traditional ROI: 7.18%

1031 Blackstone Boulevard

Nappanee, IN

2 beds | 2 baths | 1,541 sq.ft.

$319,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.04%

Airbnb Rental Income: $null

Traditional Rental Income: $2159

Airbnb ROI: N/A

Traditional ROI: 5.04%

1 Boulder Court

Nappanee, IN

3 beds | 2 baths | 1,488 sq.ft.

$279,900

Airbnb cash on cash: 0.98%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $1393

Traditional Rental Income: $2244

Airbnb ROI: 0.98%

Traditional ROI: 5.8%

1479 Golf View Drive

Nappanee, IN

4 beds | 4 baths | 2,599 sq.ft.

$387,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.46%

Airbnb Rental Income: $null

Traditional Rental Income: $3098

Airbnb ROI: N/A

Traditional ROI: 6.46%

752 E Lincoln Street

Nappanee, IN

4 beds | 1 baths | 1,284 sq.ft.

$196,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.69%

Airbnb Rental Income: $null

Traditional Rental Income: $1853

Airbnb ROI: N/A

Traditional ROI: 7.69%

208 N Nappanee Street

Nappanee, IN

3 beds | 3 baths | 1,708 sq.ft.

$199,999

Airbnb cash on cash: 2.77%

Traditional cash on cash: 11.46%

Airbnb Rental Income: $1393

Traditional Rental Income: $2621

Airbnb ROI: 2.77%

Traditional ROI: 11.46%

1410 McCormick Drive

Nappanee, IN

3 beds | 3 baths | 2,464 sq.ft.

$330,000

Airbnb cash on cash: 0.24%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1393

Traditional Rental Income: $1393

Airbnb ROI: 0.24%

Traditional ROI: 1.6%

652 Bungalow Drive

Nappanee, IN

4 beds | 3 baths | 3,168 sq.ft.

$375,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.19%

Airbnb Rental Income: $null

Traditional Rental Income: $2561

Airbnb ROI: N/A