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
7 Greyhound Circle Carmel, IN A tremendous four-bedroom family home, complete with a stunning walk-out basement, situate...	4 beds \| 4 baths \| 3,684 sq.ft.	$650,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 2.67% Airbnb Rental Income: $2697 Traditional Rental Income: $2662 Airbnb ROI: 1.68% Traditional ROI: 2.67%
720 S Rangeline Road #701 Carmel, IN Sky-High Sophistication in the Heart of Carmel. Experience a lifestyle that's literally a...	3 beds \| 4 baths \| 3,765 sq.ft.	$3,600,000	Airbnb cash on cash: -1.36% Traditional cash on cash: -0.98% Airbnb Rental Income: $2509 Traditional Rental Income: $3179 Airbnb ROI: -1.36% Traditional ROI: -0.98%
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: 2.65% Traditional cash on cash: 5.62% Airbnb Rental Income: $2509 Traditional Rental Income: $3005 Airbnb ROI: 2.65% Traditional ROI: 5.62%
12862 Horseferry Road Carmel, IN Stunning 4BR, 4.5 Bath All Brick & Stone Masterpiece! Extraordinary design with double por...	4 beds \| 5 baths \| 7,531 sq.ft.	$1,599,000	Airbnb cash on cash: -0.43% Traditional cash on cash: -0.02% Airbnb Rental Income: $2697 Traditional Rental Income: $2662 Airbnb ROI: -0.43% Traditional ROI: -0.02%
15364 Mystic Rock Drive Carmel, IN Welcome to 15364 Mystic Rock Drive - a beautifully updated 3-bedroom, 2.5-bath townhouse o...	3 beds \| 4 baths \| 1,831 sq.ft.	$314,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 4.97% Airbnb Rental Income: $2509 Traditional Rental Income: $2425 Airbnb ROI: 3.2% Traditional ROI: 4.97%
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.	$899,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.3% Airbnb Rental Income: $2697 Traditional Rental Income: $3431 Airbnb ROI: 0.66% Traditional ROI: 2.3%
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: 2.48% Traditional cash on cash: 3.72% Airbnb Rental Income: $2697 Traditional Rental Income: $2662 Airbnb ROI: 2.48% Traditional ROI: 3.72%
15340 Mystic Rock Drive Carmel, IN Welcome to your low-maintenance retreat in Carmel, IN. This charming condo offers a unique...	2 beds \| 3 baths \| 1,831 sq.ft.	$320,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 5.64% Airbnb Rental Income: $1883 Traditional Rental Income: $2774 Airbnb ROI: 1.01% Traditional ROI: 5.64%
3010 Da Vinci Drive Carmel, IN Welcome to this beautifully maintained home in The Ridge at Hayden Run in The Carmel Clay ...	4 beds \| 4 baths \| 3,967 sq.ft.	$625,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 2.73% Airbnb Rental Income: $2697 Traditional Rental Income: $2662 Airbnb ROI: 1.7% Traditional ROI: 2.73%
13866 Four Seasons Way Carmel, IN This beautifully designed, sunlit home offers the perfect amount of space + efficiency co...	4 beds \| 4 baths \| 3,475 sq.ft.	$714,900	Airbnb cash on cash: 0.59% Traditional cash on cash: 1.49% Airbnb Rental Income: $2697 Traditional Rental Income: $2662 Airbnb ROI: 0.59% Traditional ROI: 1.49%
2263 Glebe Street Carmel, IN Charming, quaint, and perfectly positioned in the main area of the Village of WestClay, th...	3 beds \| 4 baths \| 3,308 sq.ft.	$799,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 2.03% Airbnb Rental Income: $2509 Traditional Rental Income: $2913 Airbnb ROI: 0.67% Traditional ROI: 2.03%
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.	$265,000	Airbnb cash on cash: 2.18% Traditional cash on cash: 3.39% Airbnb Rental Income: $1883 Traditional Rental Income: $1683 Airbnb ROI: 2.18% Traditional ROI: 3.39%
14207 McNichols Way Carmel, IN Welcome home to this beautifully designed 3-bedroom, 3.5-bath residence offering the perfe...	3 beds \| 4 baths \| 1,961 sq.ft.	$405,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 3.76% Airbnb Rental Income: $2509 Traditional Rental Income: $2310 Airbnb ROI: 2.68% Traditional ROI: 3.76%
2201 Glebe Street Carmel, IN Welcome to 2201 Glebe Street, a beautifully renovated 3 bedroom, 3.5 bathroom corner brown...	3 beds \| 4 baths \| 2,352 sq.ft.	$465,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 2.09% Airbnb Rental Income: $2509 Traditional Rental Income: $2310 Airbnb ROI: 1.15% Traditional ROI: 2.09%
7240 Zanesville Road Carmel, IN PREFERRED LENDER OFFERING A 1% BUYDOWN FOR THE FIRST YEAR BEAUTIFUL TOWNHOME IN PRIME ...	4 beds \| 4 baths \| 2,295 sq.ft.	$399,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 5.64% Airbnb Rental Income: $2697 Traditional Rental Income: $2984 Airbnb ROI: 3.17% Traditional ROI: 5.64%
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: 2.13% Traditional cash on cash: 5.97% Airbnb Rental Income: $2509 Traditional Rental Income: $3697 Airbnb ROI: 2.13% 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.	$425,000	Airbnb cash on cash: 3.44% Traditional cash on cash: 4.35% Airbnb Rental Income: $2697 Traditional Rental Income: $2421 Airbnb ROI: 3.44% Traditional ROI: 4.35%
1144 Falcon Ridge Carmel, IN Location truly doesn't get better than this. With direct access to the Monon Trail, this b...	1 beds \| 1 baths \| 1,010 sq.ft.	$228,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 2.59% Airbnb Rental Income: $1446 Traditional Rental Income: $1280 Airbnb ROI: 1.37% Traditional ROI: 2.59%
3805 Brian Place Carmel, IN Located in the beautiful, quiet, and established Woodland Springs neighborhood, this 4-bed...	4 beds \| 4 baths \| 3,016 sq.ft.	$655,000	Airbnb cash on cash: 1.57% Traditional cash on cash: 2.56% Airbnb Rental Income: $2697 Traditional Rental Income: $2662 Airbnb ROI: 1.57% Traditional ROI: 2.56%
15462 Mission Hills Drive Carmel, IN Dont Wait! You wont want to miss this Beautiful Carmel Ranch home in Bridgewater Lakes sec...	4 beds \| 3 baths \| 4,518 sq.ft.	$725,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 1.62% Airbnb Rental Income: $2697 Traditional Rental Income: $2662 Airbnb ROI: 0.73% Traditional ROI: 1.62%
3549 W 131st Street Carmel, IN Behind a private gated entrance in the heart of West Carmel, this exceptional estate embod...	5 beds \| 7 baths \| 8,164 sq.ft.	$2,650,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.23% Airbnb Rental Income: $null Traditional Rental Income: $5976 Airbnb ROI: N/A Traditional ROI: 1.23%
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: 3.57% Traditional cash on cash: 4.71% Airbnb Rental Income: $2697 Traditional Rental Income: $2497 Airbnb ROI: 3.57% Traditional ROI: 4.71%
1894 Rhettsbury Street Carmel, IN A stunning reinvention of timeless European charm in the heart of the Village of WestClay,...	4 beds \| 7 baths \| 7,881 sq.ft.	$2,399,900	Airbnb cash on cash: -0.76% Traditional cash on cash: 0.03% Airbnb Rental Income: $2697 Traditional Rental Income: $3830 Airbnb ROI: -0.76% Traditional ROI: 0.03%
5790 Annandale Drive Carmel, IN PRICE IMPROVEMENT!! Nestled in the highly sought-after Carmel community and located within...	4 beds \| 3 baths \| 2,532 sq.ft.	$579,900	Airbnb cash on cash: 2.07% Traditional cash on cash: 3.19% Airbnb Rental Income: $2697 Traditional Rental Income: $2669 Airbnb ROI: 2.07% Traditional ROI: 3.19%
14047 Platte Drive Carmel, IN Immaculate brick ranch located in the highly sought-after Cherry Creek Estates community i...	4 beds \| 3 baths \| 5,348 sq.ft.	$664,999	Airbnb cash on cash: 1.47% Traditional cash on cash: 2.44% Airbnb Rental Income: $2697 Traditional Rental Income: $2661 Airbnb ROI: 1.47% Traditional ROI: 2.44%
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: 3.57% Traditional cash on cash: 5.18% Airbnb Rental Income: $2697 Traditional Rental Income: $2662 Airbnb ROI: 3.57% Traditional ROI: 5.18%
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.	$324,900	Airbnb cash on cash: 1.01% Traditional cash on cash: 1.6% Airbnb Rental Income: $1883 Traditional Rental Income: $1560 Airbnb ROI: 1.01% Traditional ROI: 1.6%
1870 E 106th Street Carmel, IN Private, quiet oasis on over half an acre - a uniquely built, meticulously maintained home...	3 beds \| 3 baths \| 2,552 sq.ft.	$715,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 2.68% Airbnb Rental Income: $2509 Traditional Rental Income: $3107 Airbnb ROI: 0.87% Traditional ROI: 2.68%
5741 Turnbull Court Carmel, IN Welcome home to this beautifully updated 4-bedroom, 2.5-bath residence in Carmel's desirab...	4 beds \| 3 baths \| 2,808 sq.ft.	$549,900	Airbnb cash on cash: 1.9% Traditional cash on cash: 2.77% Airbnb Rental Income: $2697 Traditional Rental Income: $2505 Airbnb ROI: 1.9% Traditional ROI: 2.77%
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.	$480,000	Airbnb cash on cash: 1.98% Traditional cash on cash: 3.61% Airbnb Rental Income: $2509 Traditional Rental Income: $2637 Airbnb ROI: 1.98% Traditional ROI: 3.61%
946 Lenox Lane #104 Carmel, IN Welcome to this FIRST FLOOR move-in ready 2-bedroom, 2-bath condo featuring modern updates...	2 beds \| 2 baths \| 1,072 sq.ft.	$249,900	Airbnb cash on cash: 2.55% Traditional cash on cash: 4.09% Airbnb Rental Income: $1883 Traditional Rental Income: $1745 Airbnb ROI: 2.55% Traditional ROI: 4.09%
12938 University Crescent #2B Carmel, IN Upgraded and Pristine FURNISHED Condo in the Village of WestClay. Luxury Vinyl Flooring in...	1 beds \| 1 baths \| 713 sq.ft.	$189,900	Airbnb cash on cash: 0.88% Traditional cash on cash: 2.8% Airbnb Rental Income: $1446 Traditional Rental Income: $1363 Airbnb ROI: 0.88% Traditional ROI: 2.8%
15407 Mystic Rock Drive Carmel, IN Discover unparalleled luxury in this brand-new, custom-built home by Sigma Builders, locat...	4 beds \| 4 baths \| 2,432 sq.ft.	$585,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 3.79% Airbnb Rental Income: $2697 Traditional Rental Income: $2862 Airbnb ROI: 2.32% Traditional ROI: 3.79%
12878 Mayfair Lane 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.	$874,900	Airbnb cash on cash: 0.46% Traditional cash on cash: 1.46% Airbnb Rental Income: $2697 Traditional Rental Income: $2872 Airbnb ROI: 0.46% Traditional ROI: 1.46%
10820 Queensbury Court Carmel, IN This beautiful two-story residence spans a generous floor plan that includes 4 well-appoin...	4 beds \| 3 baths \| 2,443 sq.ft.	$499,999	Airbnb cash on cash: 2.27% Traditional cash on cash: 3.66% Airbnb Rental Income: $2697 Traditional Rental Income: $2710 Airbnb ROI: 2.27% Traditional ROI: 3.66%
5983 Clearview Drive Carmel, IN Great "open" floor entry in home and stair rail to 2nd floor and more "wow" factors about ...	4 beds \| 4 baths \| 4,124 sq.ft.	$729,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 1.91% Airbnb Rental Income: $2697 Traditional Rental Income: $2658 Airbnb ROI: 1.03% Traditional ROI: 1.91%
220 1st Avenue SE Carmel, IN Welcome to this charming 3-bedroom, 2-bathroom home perfectly situated in the highly sough...	3 beds \| 2 baths \| 1,894 sq.ft.	$799,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 1.4% Airbnb Rental Income: $2509 Traditional Rental Income: $2238 Airbnb ROI: 0.95% Traditional ROI: 1.4%
10781 Downing Street Carmel, IN Location, Location, Location! This 4-bedroom, 2.5-bath home is ideally located in the soug...	4 beds \| 3 baths \| 2,272 sq.ft.	$410,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 4.54% Airbnb Rental Income: $2697 Traditional Rental Income: $2601 Airbnb ROI: 3.13% Traditional ROI: 4.54%
2945 Millgate Drive Carmel, IN Welcome to a lifestyle of luxury and convenience crafted by Epcon Communities! Nestled in ...	3 beds \| 3 baths \| 2,617 sq.ft.	$745,000	Airbnb cash on cash: 0.38% Traditional cash on cash: 1.44% Airbnb Rental Income: $2509 Traditional Rental Income: $2637 Airbnb ROI: 0.38% Traditional ROI: 1.44%
12517 Timber Creek Drive #UNIT 11 Carmel, IN The one you have been waiting for! Welcome to your brand-new condominium in the heart of C...	2 beds \| 2 baths \| 1,070 sq.ft.	$279,900	Airbnb cash on cash: 2.58% Traditional cash on cash: 3.87% Airbnb Rental Income: $1883 Traditional Rental Income: $1720 Airbnb ROI: 2.58% Traditional ROI: 3.87%

Real Estate investment in Carmel, IN

There are 104 properties for sale in the city of Carmel . The median list price in Carmel is $549,900 and the average price per square foot is $212. In March 2026, the average monthly cash on cash return in Carmel is 2.00%. The average monthly rental income in Carmel is $2,310.

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

There are 104 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 $2,509.

Your search for investment property begins and ends here

Investment Property for Sale in Carmel, IN

7 Greyhound Circle

Carmel, IN

4 beds | 4 baths | 3,684 sq.ft.

$650,000

Airbnb cash on cash: 1.68%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $2697

Traditional Rental Income: $2662

Airbnb ROI: 1.68%

Traditional ROI: 2.67%

720 S Rangeline Road #701

Carmel, IN

3 beds | 4 baths | 3,765 sq.ft.

$3,600,000

Airbnb cash on cash: -1.36%

Traditional cash on cash: -0.98%

Airbnb Rental Income: $2509

Traditional Rental Income: $3179

Airbnb ROI: -1.36%

Traditional ROI: -0.98%

13062 Grand Vue Drive

Carmel, IN

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

$395,000

Airbnb cash on cash: 2.65%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $2509

Traditional Rental Income: $3005

Airbnb ROI: 2.65%

Traditional ROI: 5.62%

12862 Horseferry Road

Carmel, IN

4 beds | 5 baths | 7,531 sq.ft.

$1,599,000

Airbnb cash on cash: -0.43%

Traditional cash on cash: -0.02%

Airbnb Rental Income: $2697

Traditional Rental Income: $2662

Airbnb ROI: -0.43%

Traditional ROI: -0.02%

15364 Mystic Rock Drive

Carmel, IN

3 beds | 4 baths | 1,831 sq.ft.

$314,000

Airbnb cash on cash: 3.2%

Traditional cash on cash: 4.97%

Airbnb Rental Income: $2509

Traditional Rental Income: $2425

Airbnb ROI: 3.2%

Traditional ROI: 4.97%

11730 Windpointe Pass

Carmel, IN

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

$899,900

Airbnb cash on cash: 0.66%

Traditional cash on cash: 2.3%

Airbnb Rental Income: $2697

Traditional Rental Income: $3431

Airbnb ROI: 0.66%

Traditional ROI: 2.3%

12825 Clifford Circle

Carmel, IN

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

$510,000

Airbnb cash on cash: 2.48%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $2697

Traditional Rental Income: $2662

Airbnb ROI: 2.48%

Traditional ROI: 3.72%

15340 Mystic Rock Drive

Carmel, IN

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

$320,000

Airbnb cash on cash: 1.01%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $1883

Traditional Rental Income: $2774

Airbnb ROI: 1.01%