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.

Townhouses for Sale in Carmel, IN

Search for Townhouse for Sale in Carmel, 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 27 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
12759 Apsley Ln Carmel, IN Pulte's Village of West Clay townhomes close to amenities and dining! Sumter floor plan fe...	4 beds \| 3 baths \| 2,166 sq.ft.	$480,000	Airbnb cash on cash: 3.02% Traditional cash on cash: 3.57% Airbnb Rental Income: $3314 Traditional Rental Income: $2821 Airbnb ROI: 3.02% Traditional ROI: 3.57%
2579 Filson St Carmel, IN Luxury awaits in this modern and chic 2-bedroom, 2.5-bath townhome, perfectly located in t...	2 beds \| 2 baths \| 1,731 sq.ft.	$389,000	Airbnb cash on cash: 3.31% Traditional cash on cash: 3.43% Airbnb Rental Income: $3100 Traditional Rental Income: $2439 Airbnb ROI: 3.31% Traditional ROI: 3.43%
968 Kinzer Ave Carmel, IN A phenomenal opportunity to purchase a remarkable two-bedroom townhome, situated in a huge...	2 beds \| 2 baths \| 1,178 sq.ft.	$325,000	Airbnb cash on cash: 5.31% Traditional cash on cash: 4.15% Airbnb Rental Income: $3100 Traditional Rental Income: $2042 Airbnb ROI: 5.31% Traditional ROI: 4.15%
14866 E Keenan Cir Lot 38 Carmel, IN 14866 E Keenan Cir Lot 38, Carmel, IN 46074 \| Townhouse	3 beds \| 2 baths \| 1,967 sq.ft.	$448,501	Airbnb cash on cash: 1.54% Traditional cash on cash: 1.8% Airbnb Rental Income: $2511 Traditional Rental Income: $2011 Airbnb ROI: 1.54% Traditional ROI: 1.8%
Frankton Plan Carmel, IN Frankton Plan, Westfield, IN 46074 \| Townhouse	3 beds \| 2 baths \| 1,980 sq.ft.	$390,990	Airbnb cash on cash: 3.09% Traditional cash on cash: 2.7% Airbnb Rental Income: $2511 Traditional Rental Income: $1759 Airbnb ROI: 3.09% Traditional ROI: 2.7%
14866 E Keenan Cir Carmel, IN	3 beds \| 2 baths \| 1,966 sq.ft.	$448,501	Airbnb cash on cash: 2.47% Traditional cash on cash: 2.75% Airbnb Rental Income: $2511 Traditional Rental Income: $2024 Airbnb ROI: 2.47% Traditional ROI: 2.75%
468 Village Green Dr Carmel, IN Elevate your lifestyle with the stunning 3 Story Townhome in JG Village of Carmel, an exce...	3 beds \| 3 baths \| 3,105 sq.ft.	$1,216,187	Airbnb cash on cash: -0.59% Traditional cash on cash: 0.3% Airbnb Rental Income: $2511 Traditional Rental Income: $2902 Airbnb ROI: -0.59% Traditional ROI: 0.3%
659 Langford St Carmel, IN Step inside this stunning tri-level townhome, ideally located just minutes from Downtown C...	3 beds \| 2 baths \| 2,368 sq.ft.	$525,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 1.98% Airbnb Rental Income: $2511 Traditional Rental Income: $2133 Airbnb ROI: 1.51% Traditional ROI: 1.98%
557 Steinbeck Place Carmel, IN The lifestyle you want. The location you need. The simplicity you didn't know you were mis...	2 beds \| 2 baths \| 1,178 sq.ft.	$327,500	Airbnb cash on cash: 4.98% Traditional cash on cash: 2.89% Airbnb Rental Income: $3100 Traditional Rental Income: $1752 Airbnb ROI: 4.98% Traditional ROI: 2.89%
12742 Ashworth St Carmel, IN Completely reimagined by an interior designer, this exceptional Village of WestClay reside...	3 beds \| 2 baths \| 2,472 sq.ft.	$679,000	Airbnb cash on cash: 0.11% Traditional cash on cash: 2.17% Airbnb Rental Income: $2511 Traditional Rental Income: $3203 Airbnb ROI: 0.11% Traditional ROI: 2.17%
7109 Adalene Ln Carmel, IN Looking for a newer home in central Carmel without waiting 4-6 months for new construction...	3 beds \| 3 baths \| 2,346 sq.ft.	$399,900	Airbnb cash on cash: 1.73% Traditional cash on cash: 3.93% Airbnb Rental Income: $2511 Traditional Rental Income: $2748 Airbnb ROI: 1.73% Traditional ROI: 3.93%
12956 Petigru Dr Carmel, IN Enjoy the unparalleled lifestyle of Carmel's prestigious Village of WestClay with all the ...	3 beds \| 2 baths \| 2,095 sq.ft.	$465,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 2.9% Airbnb Rental Income: $2511 Traditional Rental Income: $2740 Airbnb ROI: 1.02% Traditional ROI: 2.9%
14565 Pomona Ln Carmel, IN $399,990 \| TURN-KEY AMBLESIDE TOWNHOME - WEST CARMEL Built in 2023 and beautifully maintai...	3 beds \| 2 baths \| 1,980 sq.ft.	$399,990	Airbnb cash on cash: 2.24% Traditional cash on cash: 2.66% Airbnb Rental Income: $2511 Traditional Rental Income: $2058 Airbnb ROI: 2.24% Traditional ROI: 2.66%
14579 Elsmere Ln Carmel, IN 14579 Elsmere Ln, Carmel, IN 46074 \| Condo/Coop	3 beds \| 2 baths \| 1,980 sq.ft.	$440,000	Airbnb cash on cash: 2.55% Traditional cash on cash: 3.08% Airbnb Rental Income: $2511 Traditional Rental Income: $2124 Airbnb ROI: 2.55% Traditional ROI: 3.08%
13774 Boiler Place Carmel, IN Constructed in 2021, this 1722 square foot townhouse at 13774 Boiler PL, CARMEL, IN, prese...	3 beds \| 4 baths \| 1,722 sq.ft.	$419,000	Airbnb cash on cash: 1.34% Traditional cash on cash: 2.48% Airbnb Rental Income: $2511 Traditional Rental Income: $2351 Airbnb ROI: 1.34% Traditional ROI: 2.48%
960 Brownstone Trce Carmel, IN Charming multi level townhome nestled in the back of this quaint complex in the heart of C...	3 beds \| 2 baths \| 2,384 sq.ft.	$399,000	Airbnb cash on cash: 1.81% Traditional cash on cash: 3.47% Airbnb Rental Income: $2511 Traditional Rental Income: $2543 Airbnb ROI: 1.81% Traditional ROI: 3.47%
11864 Salerno Court Carmel, IN Enjoy the best of Carmel living in this beautifully updated and meticulously maintained 3-...	3 beds \| 3 baths \| 2,298 sq.ft.	$385,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 1.83% Airbnb Rental Income: $2511 Traditional Rental Income: $1858 Airbnb ROI: 1.95% Traditional ROI: 1.83%
460 W Smoky Carmel, IN This move-in-ready Old Town Design townhouse is located in the highly desirable North End ...	3 beds \| 3 baths \| 2,049 sq.ft.	$600,000	Airbnb cash on cash: 1.87% Traditional cash on cash: 3.06% Airbnb Rental Income: $2511 Traditional Rental Income: $2569 Airbnb ROI: 1.87% Traditional ROI: 3.06%
2583 Manigault Street Carmel, IN Charming and full of character, this distinctive 4 bedroom townhome with a basement in the...	4 beds \| 4 baths \| 3,155 sq.ft.	$575,000	Airbnb cash on cash: 1.59% Traditional cash on cash: 1.28% Airbnb Rental Income: $3314 Traditional Rental Income: $2407 Airbnb ROI: 1.59% Traditional ROI: 1.28%
835 Ivy Ln Carmel, IN Welcome home to 835 Ivy Lane - a stunningly renovated 3-story townhome in the heart of Car...	3 beds \| 3 baths \| 2,300 sq.ft.	$410,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 3.06% Airbnb Rental Income: $2511 Traditional Rental Income: $2412 Airbnb ROI: 1.78% Traditional ROI: 3.06%
735 Greenford Trl N Carmel, IN 735 Greenford Trl N, Carmel, IN 46032 \| Townhouse	3 beds \| 3 baths \| 2,922 sq.ft.	$724,900	Airbnb cash on cash: 0.12% Traditional cash on cash: 0.52% Airbnb Rental Income: $2511 Traditional Rental Income: $2176 Airbnb ROI: 0.12% Traditional ROI: 0.52%
1010 Bard Ln Carmel, IN 1010 Bard Ln, Carmel, IN 46032 \| Townhouse	2 beds \| 2 baths \| 2,400 sq.ft.	$389,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 2.64% Airbnb Rental Income: $3100 Traditional Rental Income: $1924 Airbnb ROI: 3.93% Traditional ROI: 2.64%
6857 Equality Blvd Carmel, IN Stunning End-Unit Townhome in Windward at Legacy - Prime Carmel Location! Nestled on a cov...	3 beds \| 2 baths \| 2,194 sq.ft.	$425,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 4.06% Airbnb Rental Income: $2511 Traditional Rental Income: $2591 Airbnb ROI: 2.33% Traditional ROI: 4.06%
7057 Equality Blvd Carmel, IN 7057 Equality Blvd, Carmel, IN 46033 \| Townhouse	3 beds \| 2 baths \| 1,826 sq.ft.	$399,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 3.33% Airbnb Rental Income: $2511 Traditional Rental Income: $2126 Airbnb ROI: 2.74% Traditional ROI: 3.33%

Your search for investment property begins and ends here

Townhouses for Sale in Carmel, IN

12759 Apsley Ln

Carmel, IN

4 beds | 3 baths | 2,166 sq.ft.

$480,000

Airbnb cash on cash: 3.02%

Traditional cash on cash: 3.57%

Airbnb Rental Income: $3314

Traditional Rental Income: $2821

Airbnb ROI: 3.02%

Traditional ROI: 3.57%

2579 Filson St

Carmel, IN

2 beds | 2 baths | 1,731 sq.ft.

$389,000

Airbnb cash on cash: 3.31%

Traditional cash on cash: 3.43%

Airbnb Rental Income: $3100

Traditional Rental Income: $2439

Airbnb ROI: 3.31%

Traditional ROI: 3.43%

968 Kinzer Ave

Carmel, IN

2 beds | 2 baths | 1,178 sq.ft.

$325,000

Airbnb cash on cash: 5.31%

Traditional cash on cash: 4.15%

Airbnb Rental Income: $3100

Traditional Rental Income: $2042

Airbnb ROI: 5.31%

Traditional ROI: 4.15%

14866 E Keenan Cir Lot 38

Carmel, IN

3 beds | 2 baths | 1,967 sq.ft.

$448,501

Airbnb cash on cash: 1.54%

Traditional cash on cash: 1.8%

Airbnb Rental Income: $2511

Traditional Rental Income: $2011

Airbnb ROI: 1.54%

Traditional ROI: 1.8%

Frankton Plan

Carmel, IN

3 beds | 2 baths | 1,980 sq.ft.

$390,990

Airbnb cash on cash: 3.09%

Traditional cash on cash: 2.7%

Airbnb Rental Income: $2511

Traditional Rental Income: $1759

Airbnb ROI: 3.09%

Traditional ROI: 2.7%

14866 E Keenan Cir

Carmel, IN

3 beds | 2 baths | 1,966 sq.ft.

$448,501

Airbnb cash on cash: 2.47%

Traditional cash on cash: 2.75%

Airbnb Rental Income: $2511

Traditional Rental Income: $2024

Airbnb ROI: 2.47%

Traditional ROI: 2.75%

468 Village Green Dr

Carmel, IN

3 beds | 3 baths | 3,105 sq.ft.

$1,216,187

Airbnb cash on cash: -0.59%

Traditional cash on cash: 0.3%

Airbnb Rental Income: $2511

Traditional Rental Income: $2902

Airbnb ROI: -0.59%

Traditional ROI: 0.3%

659 Langford St

Carmel, IN

3 beds | 2 baths | 2,368 sq.ft.

$525,000

Airbnb cash on cash: 1.51%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $2511

Traditional Rental Income: $2133

Airbnb ROI: 1.51%