Indiana Townhouses 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.

Townhouses for Sale in Indiana

Search for Townhouse for Sale in 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 173 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

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.	$330,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.3% Airbnb Rental Income: $1298 Traditional Rental Income: $2002 Airbnb ROI: 0.73% Traditional ROI: 4.3%
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.	$565,000	Airbnb cash on cash: -0.26% Traditional cash on cash: 2.48% Airbnb Rental Income: $1543 Traditional Rental Income: $2541 Airbnb ROI: -0.26% Traditional ROI: 2.48%
418 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.	$179,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 5.75% Airbnb Rental Income: $1338 Traditional Rental Income: $1415 Airbnb ROI: 2.9% Traditional ROI: 5.75%
3792 W 70th Lane Merrillville, IN Shows Like New Construction - This Beautifully Updated Split-Level Townhome offers over 2,...	3 beds \| 2 baths \| 2,312 sq.ft.	$295,000	Airbnb cash on cash: 5.56% Traditional cash on cash: 6.72% Airbnb Rental Income: $2760 Traditional Rental Income: $2435 Airbnb ROI: 5.56% Traditional ROI: 6.72%
904 Jordan Circle Schererville, IN This spacious townhome features 2 large bedrooms, 1full bath & 1 3/4 bath! This townhome o...	2 beds \| 2 baths \| 1,344 sq.ft.	$199,900	Airbnb cash on cash: 2.66% Traditional cash on cash: 7.72% Airbnb Rental Income: $1331 Traditional Rental Income: $1881 Airbnb ROI: 2.66% Traditional ROI: 7.72%
2233 N Talbott Street Indianapolis, IN Timeless charm meets modern convenience in this spacious 3-bedroom duplex townhome in the ...	3 beds \| 3 baths \| 3,026 sq.ft.	$439,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 3.44% Airbnb Rental Income: $1298 Traditional Rental Income: $2471 Airbnb ROI: -0.4% Traditional ROI: 3.44%
11737 Esty Way Carmel, IN Perfectly placed in the heart of Carmel's sought-after Hazel Dell area, this 3-bedroom, 2 ...	3 beds \| 3 baths \| 2,286 sq.ft.	$329,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.12% Airbnb Rental Income: $null Traditional Rental Income: $2320 Airbnb ROI: N/A Traditional ROI: 5.12%
8194 Bostic Court Fishers, IN The lifestyle scene in Fishers has caught fire! There are a number of new townhome communi...	3 beds \| 4 baths \| 2,090 sq.ft.	$409,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.76% Airbnb Rental Income: $null Traditional Rental Income: $2811 Airbnb ROI: N/A Traditional ROI: 4.76%
10785 Pike Street Crown Point, IN Beautiful 3 bedroom 2 bath open concept townhome located in Crown Point. Crown Point Scho...	3 beds \| 2 baths \| 1,581 sq.ft.	$289,500	Airbnb cash on cash: 4.7% Traditional cash on cash: 4.9% Airbnb Rental Income: $2488 Traditional Rental Income: $1939 Airbnb ROI: 4.7% Traditional ROI: 4.9%
9560 Oakley Drive Indianapolis, IN Welcome to sophisticated, low-maintenance living at its finest! This highly desirable end-...	3 beds \| 4 baths \| 2,574 sq.ft.	$335,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 5.74% Airbnb Rental Income: $2124 Traditional Rental Income: $2594 Airbnb ROI: 2.52% Traditional ROI: 5.74%
2992 W Palmer Avenue La Porte, IN Country Club Lifestyle meets modern luxury in a Townhome in Legacy Hills Golf community wi...	3 beds \| 2 baths \| 2,300 sq.ft.	$495,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 3.99% Airbnb Rental Income: $1777 Traditional Rental Income: $2756 Airbnb ROI: 0.83% Traditional ROI: 3.99%
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: 0.97% Traditional cash on cash: 4.28% Airbnb Rental Income: $1793 Traditional Rental Income: $2164 Airbnb ROI: 0.97% Traditional ROI: 4.28%
5484 Victoria Place Crown Point, IN Welcome home to this beautifully maintained 3 bedroom, 2.5 bath townhome offering the perf...	3 beds \| 3 baths \| 1,285 sq.ft.	$264,900	Airbnb cash on cash: 5.47% Traditional cash on cash: 5.49% Airbnb Rental Income: $2488 Traditional Rental Income: $1891 Airbnb ROI: 5.47% Traditional ROI: 5.49%
14162 Magnolia Street Cedar Lake, IN *** Stylish and modern townhouse with attached 2 car garage located in sought after commun...	2 beds \| 3 baths \| 1,400 sq.ft.	$274,900	Airbnb cash on cash: 8.6% Traditional cash on cash: 6.68% Airbnb Rental Income: $3581 Traditional Rental Income: $2296 Airbnb ROI: 8.6% Traditional ROI: 6.68%
755 Ivy Lane Carmel, IN Light and Bright end unit ideally situated in quiet corner of this townhome community clos...	3 beds \| 4 baths \| 2,458 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.94% Airbnb Rental Income: $null Traditional Rental Income: $2612 Airbnb ROI: N/A Traditional ROI: 3.94%
2590 Brookwood Drive Crown Point, IN Welcome to 2590 Brookwood! This 2 Bed, 2 Bath home is now on the market! A secluded front ...	2 beds \| 2 baths \| 1,472 sq.ft.	$247,900	Airbnb cash on cash: 3.49% Traditional cash on cash: 3.68% Airbnb Rental Income: $1856 Traditional Rental Income: $1402 Airbnb ROI: 3.49% Traditional ROI: 3.68%
6822 Falcon Drive Schererville, IN This beautiful and well-maintained 2-bed, 2-bath home offers 1,320 sq ft of inviting livin...	2 beds \| 2 baths \| 1,320 sq.ft.	$274,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.91% Airbnb Rental Income: $1331 Traditional Rental Income: $1767 Airbnb ROI: 1.64% Traditional ROI: 4.91%
16072 Barringer Court Westfield, IN Live just steps from the Monon Trail in this beautifully upgraded 3-bedroom, 2 full & 2 ha...	3 beds \| 4 baths \| 2,400 sq.ft.	$428,999	Airbnb cash on cash: -0.39% Traditional cash on cash: 2.92% Airbnb Rental Income: $1726 Traditional Rental Income: $2579 Airbnb ROI: -0.39% Traditional ROI: 2.92%
15407 W 102nd Place Dyer, IN Welcome to this gorgeous 2-bedroom, 2-bathroom townhome in the sought-after Emerald Crossi...	2 beds \| 2 baths \| 1,616 sq.ft.	$309,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.45% Airbnb Rental Income: $1456 Traditional Rental Income: $1916 Airbnb ROI: 1.39% Traditional ROI: 4.45%
1010 Sweet Amy Way Sellersburg, IN Welcome to this beautifully, well-maintained 3 bedroom, 2.5 bath townhome. Enjoy an open-c...	3 beds \| 3 baths \| 1,288 sq.ft.	$234,900	Airbnb cash on cash: 3.53% Traditional cash on cash: 6.51% Airbnb Rental Income: $1765 Traditional Rental Income: $1945 Airbnb ROI: 3.53% Traditional ROI: 6.51%
6673 Beekman Place #C Zionsville, IN Great Opportunity build a NEW TOWNHOME IN STONEGATE NEIGHBORHOOD. Boasting a primary bedro...	3 beds \| 3 baths \| 2,454 sq.ft.	$575,000	Airbnb cash on cash: 2.17% Traditional cash on cash: 2.74% Airbnb Rental Income: $2578 Traditional Rental Income: $2266 Airbnb ROI: 2.17% Traditional ROI: 2.74%
7275 Grant Street Merrillville, IN Stop renting now - a brand new Paired Villa is ready for you now in Savannah Cove! This th...	2 beds \| 2 baths \| 1,616 sq.ft.	$299,775	Airbnb cash on cash: 0.25% Traditional cash on cash: 5.71% Airbnb Rental Income: $1062 Traditional Rental Income: $2236 Airbnb ROI: 0.25% Traditional ROI: 5.71%
18750 Terra Vis Place Westfield, IN Lake View \| $10,000 in Upgrades \| Move-In Ready Why wait for new construction when you ...	3 beds \| 3 baths \| 1,910 sq.ft.	$320,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 5.35% Airbnb Rental Income: $1726 Traditional Rental Income: $2542 Airbnb ROI: 1.06% Traditional ROI: 5.35%
54 Victoria Circle La Porte, IN NEW CONSTRUCTION - 2 bed, 2 bath townhome in Briar Crossing. HOA of $500 per year pays fo...	2 beds \| 2 baths \| 1,388 sq.ft.	$298,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 4.9% Airbnb Rental Income: $930 Traditional Rental Income: $2032 Airbnb ROI: -0.25% Traditional ROI: 4.9%
52 Victoria Circle La Porte, IN NEW CONSTRUCTION - 2 bed, 2 bath townhome in Briar Crossing. HOA of $500 per year pays fo...	2 beds \| 2 baths \| 1,388 sq.ft.	$298,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 4.9% Airbnb Rental Income: $930 Traditional Rental Income: $2032 Airbnb ROI: -0.25% Traditional ROI: 4.9%
9728 Junction Fishers, IN PRIME LOCATION! Nestled in the heart of Fishers, making your every day life convenient. Wa...	3 beds \| 4 baths \| 2,400 sq.ft.	$452,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.54% Airbnb Rental Income: $null Traditional Rental Income: $2735 Airbnb ROI: N/A Traditional ROI: 3.54%
247 Poplar Street Westfield, IN Welcome Home! Gorgeous townhome with 2 BR, 3.5 BA w/2+ car garage. Lots of upgrades for th...	2 beds \| 4 baths \| 2,109 sq.ft.	$665,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 1.81% Airbnb Rental Income: $1756 Traditional Rental Income: $2529 Airbnb ROI: -0.21% Traditional ROI: 1.81%
2577 Filson Street Carmel, IN Much sought after Village of West Clay. Immaculate, modern townhome, open concept floorpla...	2 beds \| 4 baths \| 1,715 sq.ft.	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $2664 Airbnb ROI: N/A Traditional ROI: 3.17%
3213 Oceanline E Drive Indianapolis, IN Seller may consider buyer concessions if made in an offer. Welcome to this beautiful prope...	2 beds \| 3 baths \| 1,325 sq.ft.	$182,000	Airbnb cash on cash: 1.83% Traditional cash on cash: 6.81% Airbnb Rental Income: $1425 Traditional Rental Income: $1862 Airbnb ROI: 1.83% Traditional ROI: 6.81%
9298 W 107th Place St. John, IN SELLER RELOCATING! This MAINTENANCE-FREE LUXURY VILLA, built by a TOP LOCAL BUILDER, combi...	3 beds \| 3 baths \| 2,279 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $3022 Airbnb ROI: N/A Traditional ROI: 5.64%
7306 W County Road 600 Road #14-602 McCordsville, IN Some photos have been virtually staged. Gorgeous new Tustin plan by Fischer Homes in beaut...	3 beds \| 3 baths \| 2,186 sq.ft.	$342,990	Airbnb cash on cash: 0.44% Traditional cash on cash: 5.17% Airbnb Rental Income: $1643 Traditional Rental Income: $2702 Airbnb ROI: 0.44% Traditional ROI: 5.17%
11808 Kentucky Street Crown Point, IN Now Scheduling Showings for Back-Up Offers OnlyBetter Than New -- Upgraded 3 Bed, 2 Ba...	3 beds \| 2 baths \| 1,497 sq.ft.	$284,900	Airbnb cash on cash: 4.6% Traditional cash on cash: 5.75% Airbnb Rental Income: $2488 Traditional Rental Income: $2193 Airbnb ROI: 4.6% Traditional ROI: 5.75%
1804 Cottonwood Court Crown Point, IN If you plan to make this your primary residence, filing for the Homestead Exemption can dr...	2 beds \| 2 baths \| 1,280 sq.ft.	$235,400	Airbnb cash on cash: 2.9% Traditional cash on cash: 4.61% Airbnb Rental Income: $1856 Traditional Rental Income: $1738 Airbnb ROI: 2.9% Traditional ROI: 4.61%
144 Holly Lane Schererville, IN . BACK ON THE MARKET TO NO FAULT OF THE SELLER. Remodeled and it is beautiful. All new cab...	2 beds \| 2 baths \| 1,338 sq.ft.	$244,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.99% Airbnb Rental Income: $1331 Traditional Rental Income: $1803 Airbnb ROI: 1.17% Traditional ROI: 4.99%
9561 Luebcke Lane Crown Point, IN Ready for Occupany in March or April 2026 - END Unit -- Check out the video on listing to...	3 beds \| 3 baths \| 2,204 sq.ft.	$379,900	Airbnb cash on cash: 3.96% Traditional cash on cash: 6.04% Airbnb Rental Income: $2488 Traditional Rental Income: $2624 Airbnb ROI: 3.96% Traditional ROI: 6.04%
9563 Luebcke Lane Crown Point, IN Ready for Occupany in March or April 2026 - Interior Unit -- Check out the video on listi...	3 beds \| 3 baths \| 2,321 sq.ft.	$384,900	Airbnb cash on cash: 3.08% Traditional cash on cash: 5.26% Airbnb Rental Income: $2488 Traditional Rental Income: $2674 Airbnb ROI: 3.08% Traditional ROI: 5.26%

Your search for investment property begins and ends here

Townhouses for Sale in Indiana

1009 Broadway Street

Indianapolis, IN

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

$330,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 4.3%

Airbnb Rental Income: $1298

Traditional Rental Income: $2002

Airbnb ROI: 0.73%

Traditional ROI: 4.3%

252 N New Jersey Street

Indianapolis, IN

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

$565,000

Airbnb cash on cash: -0.26%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $1543

Traditional Rental Income: $2541

Airbnb ROI: -0.26%

Traditional ROI: 2.48%

418 Eastern Avenue

Indianapolis, IN

3 beds | 1 baths | 1,296 sq.ft.

$179,900

Airbnb cash on cash: 2.9%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $1338

Traditional Rental Income: $1415

Airbnb ROI: 2.9%

Traditional ROI: 5.75%

3792 W 70th Lane

Merrillville, IN

3 beds | 2 baths | 2,312 sq.ft.

$295,000

Airbnb cash on cash: 5.56%

Traditional cash on cash: 6.72%

Airbnb Rental Income: $2760

Traditional Rental Income: $2435

Airbnb ROI: 5.56%

Traditional ROI: 6.72%

904 Jordan Circle

Schererville, IN

2 beds | 2 baths | 1,344 sq.ft.

$199,900

Airbnb cash on cash: 2.66%

Traditional cash on cash: 7.72%

Airbnb Rental Income: $1331

Traditional Rental Income: $1881

Airbnb ROI: 2.66%

Traditional ROI: 7.72%

2233 N Talbott Street

Indianapolis, IN

3 beds | 3 baths | 3,026 sq.ft.

$439,000

Airbnb cash on cash: -0.4%

Traditional cash on cash: 3.44%

Airbnb Rental Income: $1298

Traditional Rental Income: $2471

Airbnb ROI: -0.4%

Traditional ROI: 3.44%

11737 Esty Way

Carmel, IN

3 beds | 3 baths | 2,286 sq.ft.

$329,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.12%

Airbnb Rental Income: $null

Traditional Rental Income: $2320

Airbnb ROI: N/A

Traditional ROI: 5.12%

8194 Bostic Court

Fishers, IN

3 beds | 4 baths | 2,090 sq.ft.

$409,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2811

Airbnb ROI: N/A