Real Estate Investment Properties for Sale in Carmel, IN

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

Explore a variety of short-term homes & houses in Carmel, IN. Invest wisely with VRBO & Carmel, 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 Carmel, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
720 S Rangeline Rd #701 Carmel, IN Sky-High Sophistication in the Heart of Carmel. Experience a lifestyle that's literally a...	3 beds \| 3 baths \| 3,765 sq.ft.	$3,250,000	Airbnb cash on cash: -1.52% Traditional cash on cash: -0.97% Airbnb Rental Income: $2063 Traditional Rental Income: $3179 Airbnb ROI: -1.52% Traditional ROI: -0.97%
13062 Grand Vue Drive Carmel, IN For those discerning buyers seeking the ultimate lifestyle defined by convenience in an un...	3 beds \| 4 baths \| 2,385 sq.ft.	$395,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 5.62% Airbnb Rental Income: $2063 Traditional Rental Income: $3005 Airbnb ROI: 1.64% Traditional ROI: 5.62%
10919 Braewick Drive Carmel, IN Welcome to one of east Carmel's most sought after neighborhoods - The Woodlands! Nestled o...	4 beds \| 3 baths \| 2,418 sq.ft.	$524,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 3.71% Airbnb Rental Income: $2198 Traditional Rental Income: $2690 Airbnb ROI: 1.58% Traditional ROI: 3.71%
1132 Keeneland Court Carmel, IN Dazzling 4bd/2.5ba home sitting on the best lot within desirable Lexington Farms, offering...	4 beds \| 3 baths \| 2,422 sq.ft.	$499,900	Airbnb cash on cash: 1.49% Traditional cash on cash: 3.74% Airbnb Rental Income: $2198 Traditional Rental Income: $2693 Airbnb ROI: 1.49% Traditional ROI: 3.74%
12900 Grenville Street Carmel, IN Perfectly tucked in the heart of the Village of WestClay, this newly refreshed brownstone ...	3 beds \| 4 baths \| 2,112 sq.ft.	$455,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 2.5% Airbnb Rental Income: $2063 Traditional Rental Income: $2427 Airbnb ROI: 0.39% Traditional ROI: 2.5%
11730 Windpointe Pass Carmel, IN Nestled on a private wooded lot in the popular Carmel neighborhood of Windpointe. This sin...	4 beds \| 4 baths \| 4,767 sq.ft.	$874,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.39% Airbnb Rental Income: $2198 Traditional Rental Income: $3431 Airbnb ROI: 0.2% Traditional ROI: 2.39%
3155 Jason St Carmel, IN Wonderful home in popular Foster Estates with a ton of space. Master suite boasts bonus r...	4 beds \| 2 baths \| 3,768 sq.ft.	$749,900	Airbnb cash on cash: 0.65% Traditional cash on cash: 1.01% Airbnb Rental Income: $2198 Traditional Rental Income: $1893 Airbnb ROI: 0.65% Traditional ROI: 1.01%
12825 Clifford Circle Carmel, IN Welcome to 12825 Clifford Cir, a home that exudes warmth and elegance. The living room is ...	4 beds \| 3 baths \| 2,729 sq.ft.	$510,000	Airbnb cash on cash: 1.67% Traditional cash on cash: 3.92% Airbnb Rental Income: $2198 Traditional Rental Income: $2716 Airbnb ROI: 1.67% Traditional ROI: 3.92%
15340 Mystic Rock Dr Carmel, IN Welcome to your low-maintenance retreat in Carmel, IN. This charming condo offers a unique...	2 beds \| 2 baths \| 1,831 sq.ft.	$315,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 5.74% Airbnb Rental Income: $2371 Traditional Rental Income: $2774 Airbnb ROI: 2.41% Traditional ROI: 5.74%
10837 Thunderbird Dr Carmel, IN Is a 4 bedroom 3 bathroom 4083 sqft house.	N/A beds \| N/A baths \| 4,083 sq.ft.	$1,000,000	Airbnb cash on cash: -0.57% Traditional cash on cash: -0.96% Airbnb Rental Income: $1200 Traditional Rental Income: $444 Airbnb ROI: -0.57% Traditional ROI: -0.96%
1512 Evenstar Blvd Carmel, IN Welcome to Sunrise on the Monon, built by Old Town Design Group! This home features a cont...	3 beds \| 2 baths \| 1,939 sq.ft.	$599,999	Airbnb cash on cash: 0.43% Traditional cash on cash: 2.21% Airbnb Rental Income: $2063 Traditional Rental Income: $2525 Airbnb ROI: 0.43% Traditional ROI: 2.21%
3469 Glen Abbe Ct Carmel, IN BEAUTIFUL HOME! This home has an amazing main level living room/dining room combo, a beaut...	3 beds \| 2 baths \| 2,636 sq.ft.	$459,800	Airbnb cash on cash: 1.62% Traditional cash on cash: 2.49% Airbnb Rental Income: $2063 Traditional Rental Income: $1907 Airbnb ROI: 1.62% Traditional ROI: 2.49%
947 Wickham Court #208 Carmel, IN Stunning fully renovated 2nd-floor condo in popular Lenox Trace with soaring vaulted ceili...	2 beds \| 2 baths \| 1,072 sq.ft.	$259,000	Airbnb cash on cash: 3.92% Traditional cash on cash: 3.63% Airbnb Rental Income: $2371 Traditional Rental Income: $1717 Airbnb ROI: 3.92% Traditional ROI: 3.63%
984 Bard Ln Carmel, IN Beautiful townhome in the heart of Carmel, walking distance to the Monon Trail, Clay Terra...	3 beds \| 3 baths \| 2,500 sq.ft.	$419,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 4.58% Airbnb Rental Income: $2063 Traditional Rental Income: $2667 Airbnb ROI: 1.69% Traditional ROI: 4.58%
14207 Mcnichols Way Carmel, IN Welcome home to this beautifully designed 3-bedroom, 3.5-bath residence offering the perfe...	3 beds \| 3 baths \| 1,961 sq.ft.	$405,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 4.97% Airbnb Rental Income: $2063 Traditional Rental Income: $2770 Airbnb ROI: 1.7% Traditional ROI: 4.97%
13845 Kickapoo Trail Carmel, IN Stunning 5BR/4.5BA home in sought-after Cherry Creek Estates, offering exceptional updates...	5 beds \| 5 baths \| 5,283 sq.ft.	$949,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 4.18% Airbnb Rental Income: $3097 Traditional Rental Income: $5186 Airbnb ROI: 1.02% Traditional ROI: 4.18%
13035 Wembly Rd Carmel, IN Step inside this bright and spacious 4 Bedroom 2.5 Bath home in one of east Carmel's sough...	4 beds \| 2 baths \| 2,956 sq.ft.	$549,999	Airbnb cash on cash: 1.54% Traditional cash on cash: 2.32% Airbnb Rental Income: $2198 Traditional Rental Income: $2043 Airbnb ROI: 1.54% Traditional ROI: 2.32%
15363 Mystic Rock Dr Carmel, IN Discover this stunning townhouse within the popular Bridgewater Club in Carmel. With over ...	3 beds \| 2 baths \| 1,831 sq.ft.	$309,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 4.75% Airbnb Rental Income: $2063 Traditional Rental Income: $2242 Airbnb ROI: 2.3% Traditional ROI: 4.75%
9699 Prairiewood Way Carmel, IN Welcome to this spacious 3 bedroom brick ranch situated in the sought-after Bramblewood su...	3 beds \| 4 baths \| 3,687 sq.ft.	$499,999	Airbnb cash on cash: 1.34% Traditional cash on cash: 5.97% Airbnb Rental Income: $2063 Traditional Rental Income: $3697 Airbnb ROI: 1.34% Traditional ROI: 5.97%
222 Boulder Court Carmel, IN Location, location, location! Welcome to this beautifully updated well-maintained home in ...	4 beds \| 3 baths \| 1,935 sq.ft.	$415,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 4.47% Airbnb Rental Income: $2198 Traditional Rental Income: $2421 Airbnb ROI: 2.47% Traditional ROI: 4.47%
14943 Oak Hollow Ln W Carmel, IN WOW! Check out this Bridgewater Beauty - Brand New Old Town Design Group Home ready to oc...	4 beds \| 3 baths \| 4,624 sq.ft.	$900,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 1.99% Airbnb Rental Income: $2198 Traditional Rental Income: $2699 Airbnb ROI: 0.73% Traditional ROI: 1.99%
2519 Heathermoor Park Dr S Carmel, IN Live out your dream in this wonderful Lakeside Park residence w/a layout designed for ente...	5 beds \| 4 baths \| 6,403 sq.ft.	$958,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 3.35% Airbnb Rental Income: $3097 Traditional Rental Income: $4611 Airbnb ROI: 0.86% Traditional ROI: 3.35%
913 Arrowwood Drive Carmel, IN Nestled in coveted Copperwood of Carmel, 913 Arrowwood Dr will delight you! 4 bedrooms, 2....	4 beds \| 3 baths \| 3,464 sq.ft.	$575,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 3.3% Airbnb Rental Income: $2198 Traditional Rental Income: $2745 Airbnb ROI: 1.25% Traditional ROI: 3.3%
2579 Filson St Carmel, IN Located in the highly desirable Village of West Clay, this immaculate modern townhome offe...	2 beds \| 2 baths \| 1,731 sq.ft.	$344,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 4% Airbnb Rental Income: $2371 Traditional Rental Income: $2439 Airbnb ROI: 1.98% Traditional ROI: 4%
11610 Buttonwood Dr Carmel, IN 11610 Buttonwood Dr, Carmel, IN 46033 \| Condo/Coop	2 beds \| 2 baths \| 1,430 sq.ft.	$300,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 2.39% Airbnb Rental Income: $2371 Traditional Rental Income: $1457 Airbnb ROI: 3.55% Traditional ROI: 2.39%
13461 Shakamac Dr Carmel, IN Welcome home to this beautifully updated 4-bedroom, 2.5-bath residence in the heart of Car...	4 beds \| 2 baths \| 3,556 sq.ft.	$480,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 4.06% Airbnb Rental Income: $2198 Traditional Rental Income: $2719 Airbnb ROI: 1.66% Traditional ROI: 4.06%
11862 Stoney Bay Circle Carmel, IN Discover your waterfront oasis in the highly desirable Carmel Waterstone Lakes community! ...	4 beds \| 3 baths \| 4,306 sq.ft.	$799,999	Airbnb cash on cash: 0.39% Traditional cash on cash: 3% Airbnb Rental Income: $2198 Traditional Rental Income: $3590 Airbnb ROI: 0.39% Traditional ROI: 3%
13121 Irwin Way Carmel, IN Spacious sun filled Carmel home located on a Quiet Cul-De-Sac. This gem includes a tranqui...	4 beds \| 3 baths \| 4,599 sq.ft.	$725,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 2.54% Airbnb Rental Income: $2198 Traditional Rental Income: $2970 Airbnb ROI: 0.57% Traditional ROI: 2.54%
3549 W 131st St Carmel, IN Behind a private gated entrance in the heart of West Carmel, this exceptional estate embod...	5 beds \| 6 baths \| 8,164 sq.ft.	$2,550,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 1.31% Airbnb Rental Income: $3097 Traditional Rental Income: $5976 Airbnb ROI: -0.2% Traditional ROI: 1.31%
233 Boulder Court Carmel, IN Tucked away on a quiet cul-de-sac in one of Carmel's most convenient locations, this beaut...	4 beds \| 3 baths \| 2,014 sq.ft.	$410,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 4.71% Airbnb Rental Income: $2198 Traditional Rental Income: $2497 Airbnb ROI: 2.49% Traditional ROI: 4.71%
949 W 136th St Carmel, IN A Rare Private Estate in the Heart of West Carmel- A truly one-of-a-kind opportunity, this...	5 beds \| 5 baths \| 6,748 sq.ft.	$3,900,000	Airbnb cash on cash: -0.78% Traditional cash on cash: 0.49% Airbnb Rental Income: $3097 Traditional Rental Income: $6958 Airbnb ROI: -0.78% Traditional ROI: 0.49%
9797 Ditch Rd Carmel, IN Resting on 1.28 lush, semi-wooded acres in one of Carmel's most distinguished settings, th...	4 beds \| 2 baths \| 3,642 sq.ft.	$499,000	Airbnb cash on cash: 1.18% Traditional cash on cash: 3.75% Airbnb Rental Income: $2198 Traditional Rental Income: $2841 Airbnb ROI: 1.18% Traditional ROI: 3.75%
14476 Dublin Drive Carmel, IN Beautiful 4-bedroom, 2.5-bath home with a 2-car attached garage, ideally located next to t...	4 beds \| 3 baths \| 2,129 sq.ft.	$400,000	Airbnb cash on cash: 2.46% Traditional cash on cash: 5.64% Airbnb Rental Income: $2198 Traditional Rental Income: $2834 Airbnb ROI: 2.46% Traditional ROI: 5.64%
1168 Shadow Ridge Road #38 Carmel, IN Don't miss out on this beautiful Carmel condo right off the Monon Trail! Nestled in the ba...	2 beds \| 2 baths \| 1,650 sq.ft.	$310,000	Airbnb cash on cash: 2.5% Traditional cash on cash: 1.72% Airbnb Rental Income: $2371 Traditional Rental Income: $1560 Airbnb ROI: 2.5% Traditional ROI: 1.72%
4991 E Main St Carmel, IN Come check out your dream Carmel home at this highly desirable Main Street address! Just a...	4 beds \| 3 baths \| 2,110 sq.ft.	$489,900	Airbnb cash on cash: 1.54% Traditional cash on cash: 1.96% Airbnb Rental Income: $2198 Traditional Rental Income: $1838 Airbnb ROI: 1.54% Traditional ROI: 1.96%
2895 Twain Dr Carmel, IN Brand new Epcon Communities Promenade floor plan ready for move in by June! If you've seen...	3 beds \| 3 baths \| 2,841 sq.ft.	$810,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 1.53% Airbnb Rental Income: $2063 Traditional Rental Income: $2904 Airbnb ROI: -0.29% Traditional ROI: 1.53%
1870 E 106th St Carmel, IN Private, quiet oasis on over half an acre - a uniquely built, meticulously maintained home...	3 beds \| 2 baths \| 2,552 sq.ft.	$699,900	Airbnb cash on cash: 0.36% Traditional cash on cash: 2.77% Airbnb Rental Income: $2063 Traditional Rental Income: $3107 Airbnb ROI: 0.36% Traditional ROI: 2.77%
12007 Windpointe Pass Carmel, IN Experience luxury waterfront living at its finest in this stunning Windpointe estate. From...	5 beds \| 7 baths \| 7,939 sq.ft.	$1,799,999	Airbnb cash on cash: -0.54% Traditional cash on cash: -0.1% Airbnb Rental Income: $3097 Traditional Rental Income: $3134 Airbnb ROI: -0.54% Traditional ROI: -0.1%
14551 Dublin Dr Carmel, IN Beautifully maintained 4 bedroom, 2.5 bath home in the heart of Carmel, Indiana, ideally s...	4 beds \| 2 baths \| 1,987 sq.ft.	$379,900	Airbnb cash on cash: 2.12% Traditional cash on cash: 3.58% Airbnb Rental Income: $2198 Traditional Rental Income: $2165 Airbnb ROI: 2.12% Traditional ROI: 3.58%
1039 Valentine Lane Carmel, IN Welcome to this beautifully maintained 3-bedroom, 2.5-bath home located in the desirable G...	3 beds \| 3 baths \| 1,782 sq.ft.	$472,000	Airbnb cash on cash: 1.2% Traditional cash on cash: 3.71% Airbnb Rental Income: $2063 Traditional Rental Income: $2637 Airbnb ROI: 1.2% Traditional ROI: 3.71%

Real Estate investment in Carmel, IN

There are 272 properties for sale in the city of Carmel . The median list price in Carmel is $598,250 and the average price per square foot is $193. In May 2026, the average monthly cash on cash return in Carmel is 2.00%. The average monthly rental income in Carmel is $2,374.

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

There are 272 investment properties available for sale in Carmel.

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

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

Your search for investment property begins and ends here

Investment Property for Sale in Carmel, IN

720 S Rangeline Rd #701

Carmel, IN

3 beds | 3 baths | 3,765 sq.ft.

$3,250,000

Airbnb cash on cash: -1.52%

Traditional cash on cash: -0.97%

Airbnb Rental Income: $2063

Traditional Rental Income: $3179

Airbnb ROI: -1.52%

Traditional ROI: -0.97%

13062 Grand Vue Drive

Carmel, IN

3 beds | 4 baths | 2,385 sq.ft.

$395,000

Airbnb cash on cash: 1.64%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $2063

Traditional Rental Income: $3005

Airbnb ROI: 1.64%

Traditional ROI: 5.62%

10919 Braewick Drive

Carmel, IN

4 beds | 3 baths | 2,418 sq.ft.

$524,900

Airbnb cash on cash: 1.58%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $2198

Traditional Rental Income: $2690

Airbnb ROI: 1.58%

Traditional ROI: 3.71%

1132 Keeneland Court

Carmel, IN

4 beds | 3 baths | 2,422 sq.ft.

$499,900

Airbnb cash on cash: 1.49%

Traditional cash on cash: 3.74%

Airbnb Rental Income: $2198

Traditional Rental Income: $2693

Airbnb ROI: 1.49%

Traditional ROI: 3.74%

12900 Grenville Street

Carmel, IN

3 beds | 4 baths | 2,112 sq.ft.

$455,000

Airbnb cash on cash: 0.39%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $2063

Traditional Rental Income: $2427

Airbnb ROI: 0.39%

Traditional ROI: 2.5%

11730 Windpointe Pass

Carmel, IN

4 beds | 4 baths | 4,767 sq.ft.

$874,900

Airbnb cash on cash: 0.2%

Traditional cash on cash: 2.39%

Airbnb Rental Income: $2198

Traditional Rental Income: $3431

Airbnb ROI: 0.2%

Traditional ROI: 2.39%

3155 Jason St

Carmel, IN

4 beds | 2 baths | 3,768 sq.ft.

$749,900

Airbnb cash on cash: 0.65%

Traditional cash on cash: 1.01%

Airbnb Rental Income: $2198

Traditional Rental Income: $1893

Airbnb ROI: 0.65%

Traditional ROI: 1.01%

12825 Clifford Circle

Carmel, IN

4 beds | 3 baths | 2,729 sq.ft.

$510,000

Airbnb cash on cash: 1.67%

Traditional cash on cash: 3.92%

Airbnb Rental Income: $2198

Traditional Rental Income: $2716

Airbnb ROI: 1.67%