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
9634 Maple Dr Carmel, IN It is incredibly rare to find a fully updated, 2,040-square-foot ranch that also sits on a...	3 beds \| 3 baths \| 2,040 sq.ft.	$425,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 4.81% Airbnb Rental Income: $2678 Traditional Rental Income: $2538 Airbnb ROI: 3.56% Traditional ROI: 4.81%
720 S Rangeline Rd #701 Carmel, IN Sky-High Sophistication in the Heart of Carmel. Experience a lifestyle that's literally ab...	3 beds \| 3 baths \| 3,765 sq.ft.	$3,250,000	Airbnb cash on cash: -1.35% Traditional cash on cash: -0.97% Airbnb Rental Income: $2678 Traditional Rental Income: $3179 Airbnb ROI: -1.35% Traditional ROI: -0.97%
307 S Guilford Rd Carmel, IN Come home to this beautifully updated 4BR ranch in the heart of Carmel! This darling prope...	3 beds \| 2 baths \| 1,891 sq.ft.	$475,000	Airbnb cash on cash: 3.09% Traditional cash on cash: 3.41% Airbnb Rental Income: $2678 Traditional Rental Income: $2183 Airbnb ROI: 3.09% Traditional ROI: 3.41%
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: 3.03% Traditional cash on cash: 5.62% Airbnb Rental Income: $2678 Traditional Rental Income: $3005 Airbnb ROI: 3.03% Traditional ROI: 5.62%
9649 Sycamore Rd Carmel, IN Spacious and updated, this 4 bedroom/2.5 bath Carmel home offers an excellent location on ...	4 beds \| 2 baths \| 2,338 sq.ft.	$399,000	Airbnb cash on cash: 4.01% Traditional cash on cash: 3.29% Airbnb Rental Income: $2842 Traditional Rental Income: $1910 Airbnb ROI: 4.01% Traditional ROI: 3.29%
1732 Creekside Ln W Carmel, IN Looking for a Carmel condo with a main level master bedroom? This is the ONLY one! 1900+ s...	3 beds \| 2 baths \| 3,208 sq.ft.	$449,000	Airbnb cash on cash: 1.78% Traditional cash on cash: -0.06% Airbnb Rental Income: $2678 Traditional Rental Income: $1269 Airbnb ROI: 1.78% Traditional ROI: -0.06%
12825 Clifford Cir Carmel, IN Welcome to 12825 Clifford Cir, a home that exudes warmth and elegance. The living room is ...	4 beds \| 2 baths \| 2,865 sq.ft.	$510,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 3.92% Airbnb Rental Income: $2842 Traditional Rental Income: $2716 Airbnb ROI: 2.8% Traditional ROI: 3.92%
15340 Mystic Rock Drive Carmel, IN Live the country club lifestyle at Bridgewater Club without busting your budget! This low ...	2 beds \| 3 baths \| 1,831 sq.ft.	$315,000	Airbnb cash on cash: 4.63% Traditional cash on cash: 5.74% Airbnb Rental Income: $3160 Traditional Rental Income: $2774 Airbnb ROI: 4.63% 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: 0.5% Traditional cash on cash: -0.96% Airbnb Rental Income: $2396 Traditional Rental Income: $444 Airbnb ROI: 0.5% Traditional ROI: -0.96%
1282 Fairfax Manor Dr Carmel, IN Welcome home to sophisticated, lock-and-leave living in the sought after Grand & Main neig...	3 beds \| 3 baths \| 2,329 sq.ft.	$535,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 3.2% Airbnb Rental Income: $2678 Traditional Rental Income: $2771 Airbnb ROI: 1.74% Traditional ROI: 3.2%
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.	$429,189	Airbnb cash on cash: 3.08% Traditional cash on cash: 2.74% Airbnb Rental Income: $2678 Traditional Rental Income: $1907 Airbnb ROI: 3.08% Traditional ROI: 2.74%
13093 Grand Vue Drive Carmel, IN Imagine stepping out your front door and walking straight into the vibrant heart of the Ca...	2 beds \| 4 baths \| 2,327 sq.ft.	$495,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 3.34% Airbnb Rental Income: $3160 Traditional Rental Income: $2619 Airbnb ROI: 2.96% Traditional ROI: 3.34%
467 Leafy Branch Trl Carmel, IN Elegant 1.5 story custom home (former model) offers open concept, split floor plan, sparkl...	2 beds \| 2 baths \| 2,408 sq.ft.	$397,900	Airbnb cash on cash: 4.48% Traditional cash on cash: 2.98% Airbnb Rental Income: $3160 Traditional Rental Income: $1882 Airbnb ROI: 4.48% Traditional ROI: 2.98%
14207 Mcnichols Way Carmel, IN Fresh carpet throughout! Welcome home to this beautifully designed 3-bedroom, 3.5-bath res...	3 beds \| 3 baths \| 1,961 sq.ft.	$399,900	Airbnb cash on cash: 3.11% Traditional cash on cash: 5.05% Airbnb Rental Income: $2678 Traditional Rental Income: $2770 Airbnb ROI: 3.11% Traditional ROI: 5.05%
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: 0.72% Traditional cash on cash: 4.18% Airbnb Rental Income: $2779 Traditional Rental Income: $5186 Airbnb ROI: 0.72% Traditional ROI: 4.18%
7247 Barker St Carmel, IN Possession at closing on this three bedroom, two full bath, two half bath townhome! It has...	3 beds \| 2 baths \| 1,826 sq.ft.	$322,900	Airbnb cash on cash: 4.28% Traditional cash on cash: 5.73% Airbnb Rental Income: $2678 Traditional Rental Income: $2483 Airbnb ROI: 4.28% Traditional ROI: 5.73%
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: 2.44% Traditional cash on cash: 5.97% Airbnb Rental Income: $2678 Traditional Rental Income: $3697 Airbnb ROI: 2.44% Traditional ROI: 5.97%
12815 Forsyth Street Carmel, IN Tucked into the West Village area in the Village of WestClay, 12815 Forsyth Street welcome...	3 beds \| 3 baths \| 2,307 sq.ft.	$615,000	Airbnb cash on cash: 0.9% Traditional cash on cash: 1.37% Airbnb Rental Income: $2678 Traditional Rental Income: $2318 Airbnb ROI: 0.9% Traditional ROI: 1.37%
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.	$860,000	Airbnb cash on cash: 1.48% Traditional cash on cash: 2.13% Airbnb Rental Income: $2842 Traditional Rental Income: $2699 Airbnb ROI: 1.48% Traditional ROI: 2.13%
815 Grace Drive Carmel, IN Welcome home to this beautiful 4 bedroom 2.5 bath beauty! Perfectly situated just three bl...	4 beds \| 3 baths \| 2,714 sq.ft.	$515,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 4.04% Airbnb Rental Income: $2842 Traditional Rental Income: $2713 Airbnb ROI: 2.93% Traditional ROI: 4.04%
336 Neuman Way #9E Carmel, IN Location, location, location! This well maintained home is a must see! Centrally located i...	2 beds \| 2 baths \| 1,988 sq.ft.	$489,500	Airbnb cash on cash: 2.97% Traditional cash on cash: 2.79% Airbnb Rental Income: $3160 Traditional Rental Income: $2362 Airbnb ROI: 2.97% Traditional ROI: 2.79%
2926 Brooks Bend Drive Carmel, IN Wow!!! What a setting in Carmel! This Charming Home backs up to a nicely wooded area offer...	3 beds \| 3 baths \| 1,590 sq.ft.	$385,000	Airbnb cash on cash: 3.85% Traditional cash on cash: 3.66% Airbnb Rental Income: $2678 Traditional Rental Income: $1972 Airbnb ROI: 3.85% Traditional ROI: 3.66%
11610 Buttonwood Dr Carmel, IN 11610 Buttonwood Dr, Carmel, IN 46033 \| Condo/Coop	2 beds \| 2 baths \| 1,430 sq.ft.	$295,000	Airbnb cash on cash: 6% Traditional cash on cash: 2.44% Airbnb Rental Income: $3160 Traditional Rental Income: $1457 Airbnb ROI: 6% Traditional ROI: 2.44%
10741 Bunker Hill Drive Carmel, IN Welcome to this inviting 3-bedroom, 2-bath ranch in the desirable Village at Weston Place,...	3 beds \| 2 baths \| 1,541 sq.ft.	$399,000	Airbnb cash on cash: 3% Traditional cash on cash: 2.68% Airbnb Rental Income: $2678 Traditional Rental Income: $1924 Airbnb ROI: 3% Traditional ROI: 2.68%
1473 Esprit Dr Carmel, IN Welcome home to this beautifully updated 4-bedroom, 2.5-bath residence nestled in one of C...	4 beds \| 2 baths \| 2,979 sq.ft.	$589,900	Airbnb cash on cash: 2.12% Traditional cash on cash: 3.22% Airbnb Rental Income: $2842 Traditional Rental Income: $2784 Airbnb ROI: 2.12% Traditional ROI: 3.22%
12471 Carmel Garden Carmel, IN Discover the ease of single-story living in a charming 1998 single family residence in CAR...	2 beds \| 2 baths \| 1,178 sq.ft.	$305,000	Airbnb cash on cash: 6.28% Traditional cash on cash: 3.34% Airbnb Rental Income: $3160 Traditional Rental Income: $1602 Airbnb ROI: 6.28% Traditional ROI: 3.34%
14327 Klingensmith Boulevard Carmel, IN This three bedroom, three bath ranch-style home, in highly sought after Cherry Creek Estat...	3 beds \| 3 baths \| 4,362 sq.ft.	$679,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 1.67% Airbnb Rental Income: $2678 Traditional Rental Income: $2281 Airbnb ROI: 1.29% Traditional ROI: 1.67%
3436 Eden Way Carmel, IN This beautiful 5 bedroom, 3 full bath home nestled in a highly desirable Carmel neighborho...	5 beds \| 3 baths \| 3,539 sq.ft.	$599,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 3.59% Airbnb Rental Income: $2779 Traditional Rental Income: $2895 Airbnb ROI: 2.22% Traditional ROI: 3.59%
14561 Waverly Dr Carmel, IN Welcome to this beautifully maintained home on a premium wooded lot in the desirable Ashmo...	4 beds \| 2 baths \| 2,120 sq.ft.	$465,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 3.93% Airbnb Rental Income: $2842 Traditional Rental Income: $2517 Airbnb ROI: 3.15% Traditional ROI: 3.93%
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: -0.85% Traditional cash on cash: 0.49% Airbnb Rental Income: $2779 Traditional Rental Income: $6958 Airbnb ROI: -0.85% 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: 2.33% Traditional cash on cash: 3.75% Airbnb Rental Income: $2842 Traditional Rental Income: $2841 Airbnb ROI: 2.33% Traditional ROI: 3.75%
10846 Gettysburg Place Carmel, IN Welcome to your new home! Located in the highly desirable Parks at Weston community in Wes...	4 beds \| 3 baths \| 2,380 sq.ft.	$500,000	Airbnb cash on cash: 2.48% Traditional cash on cash: 3.47% Airbnb Rental Income: $2842 Traditional Rental Income: $2643 Airbnb ROI: 2.48% Traditional ROI: 3.47%
512 Lexington Blvd Carmel, IN Positioned in one of Downtown Carmel's most coveted and walkable locations, this timeless ...	4 beds \| 2 baths \| 1,486 sq.ft.	$498,000	Airbnb cash on cash: 2.64% Traditional cash on cash: 1.96% Airbnb Rental Income: $2842 Traditional Rental Income: $1864 Airbnb ROI: 2.64% Traditional ROI: 1.96%
1870 E 106th Street Carmel, IN RATE BUY DOWN PAID FOR BY SELLER!! See attached Document for details. Private, quiet oasis...	3 beds \| 3 baths \| 2,552 sq.ft.	$675,000	Airbnb cash on cash: 1.25% Traditional cash on cash: 2.94% Airbnb Rental Income: $2678 Traditional Rental Income: $3107 Airbnb ROI: 1.25% Traditional ROI: 2.94%
242 Beechmont Dr Carmel, IN Nestled in one of Carmel's most sought-after neighborhoods just minutes from the vibrant C...	4 beds \| 3 baths \| 3,054 sq.ft.	$579,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 3.1% Airbnb Rental Income: $2842 Traditional Rental Income: $2608 Airbnb ROI: 2.3% Traditional ROI: 3.1%
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.	$369,900	Airbnb cash on cash: 3.75% Traditional cash on cash: 3.71% Airbnb Rental Income: $2842 Traditional Rental Income: $2165 Airbnb ROI: 3.75% Traditional ROI: 3.71%
9 Beacon Way Carmel, IN Why wait to build when this like-new home is move-in ready and beautifully maintained? Nes...	3 beds \| 2 baths \| 1,474 sq.ft.	$289,500	Airbnb cash on cash: 5.4% Traditional cash on cash: 6.59% Airbnb Rental Income: $2678 Traditional Rental Income: $2368 Airbnb ROI: 5.4% Traditional ROI: 6.59%
12926 University Cres #2C Carmel, IN Welcome to the highly sought-after Village of WestClay! This beautifully maintained one-be...	1 beds \| 1 baths \| 693 sq.ft.	$190,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 2.92% Airbnb Rental Income: $1116 Traditional Rental Income: $1296 Airbnb ROI: -0.16% Traditional ROI: 2.92%
14020 Brookstone Dr Carmel, IN This single-family residence in Hamilton County presents a unique opportunity to own a sub...	5 beds \| 4 baths \| 6,290 sq.ft.	$1,045,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 4.01% Airbnb Rental Income: $2779 Traditional Rental Income: $5759 Airbnb ROI: 0.27% Traditional ROI: 4.01%
12878 Mayfair Ln Carmel, IN Checkout this fully remodeled 4 BR, 3 full bath home with NEWER roof, BRAND NEW windows an...	4 beds \| 3 baths \| 4,590 sq.ft.	$859,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 1.5% Airbnb Rental Income: $2842 Traditional Rental Income: $2872 Airbnb ROI: 0.64% Traditional ROI: 1.5%

Real Estate investment in Carmel, IN

There are 309 properties for sale in the city of Carmel . The median list price in Carmel is $549,716 and the average price per square foot is $179. In June 2026, the average monthly cash on cash return in Carmel is 2.00%. The average monthly rental income in Carmel is $2,295.

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

There are 309 investment properties available for sale in Carmel.

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

The ROI for Short-Term is higher than the Long-Term in Carmel with average rental income of $2,779.

Your search for investment property begins and ends here

Investment Property for Sale in Carmel, IN

9634 Maple Dr

Carmel, IN

3 beds | 3 baths | 2,040 sq.ft.

$425,000

Airbnb cash on cash: 3.56%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $2678

Traditional Rental Income: $2538

Airbnb ROI: 3.56%

Traditional ROI: 4.81%

720 S Rangeline Rd #701

Carmel, IN

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

$3,250,000

Airbnb cash on cash: -1.35%

Traditional cash on cash: -0.97%

Airbnb Rental Income: $2678

Traditional Rental Income: $3179

Airbnb ROI: -1.35%

Traditional ROI: -0.97%

307 S Guilford Rd

Carmel, IN

3 beds | 2 baths | 1,891 sq.ft.

$475,000

Airbnb cash on cash: 3.09%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $2678

Traditional Rental Income: $2183

Airbnb ROI: 3.09%

Traditional ROI: 3.41%

13062 Grand Vue Drive

Carmel, IN

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

$395,000

Airbnb cash on cash: 3.03%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $2678

Traditional Rental Income: $3005

Airbnb ROI: 3.03%

Traditional ROI: 5.62%

9649 Sycamore Rd

Carmel, IN

4 beds | 2 baths | 2,338 sq.ft.

$399,000

Airbnb cash on cash: 4.01%

Traditional cash on cash: 3.29%

Airbnb Rental Income: $2842

Traditional Rental Income: $1910

Airbnb ROI: 4.01%

Traditional ROI: 3.29%

1732 Creekside Ln W

Carmel, IN

3 beds | 2 baths | 3,208 sq.ft.

$449,000

Airbnb cash on cash: 1.78%

Traditional cash on cash: -0.06%

Airbnb Rental Income: $2678

Traditional Rental Income: $1269

Airbnb ROI: 1.78%

Traditional ROI: -0.06%

12825 Clifford Cir

Carmel, IN

4 beds | 2 baths | 2,865 sq.ft.

$510,000

Airbnb cash on cash: 2.8%

Traditional cash on cash: 3.92%

Airbnb Rental Income: $2842

Traditional Rental Income: $2716

Airbnb ROI: 2.8%

Traditional ROI: 3.92%

15340 Mystic Rock Drive

Carmel, IN

2 beds | 3 baths | 1,831 sq.ft.

$315,000

Airbnb cash on cash: 4.63%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $3160

Traditional Rental Income: $2774

Airbnb ROI: 4.63%