Real Estate Investment Properties for Sale in Centerville, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
303 W College Corner Rd Centerville, IN Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	3 beds \| 1 baths \| 1,302 sq.ft.	$249,900	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.2% Airbnb Rental Income: $1177 Traditional Rental Income: $1659 Airbnb ROI: 1.52% Traditional ROI: 5.2%
122 W Main St Centerville, IN 122 W Main St, Centerville, IN 47330 \| Single Family Residential	6 beds \| 3 baths \| 3,108 sq.ft.	$324,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $2925 Airbnb ROI: N/A Traditional ROI: 7.44%
120 W Main St Centerville, IN 120 W Main St, Centerville, IN 47330 \| Single Family Residential	4 beds \| 3 baths \| 2,604 sq.ft.	$294,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.7% Airbnb Rental Income: $null Traditional Rental Income: $2741 Airbnb ROI: N/A Traditional ROI: 7.7%
207 College Corner Rd Centerville, IN 207 College Corner Rd, Centerville, IN 47330 \| Other	N/A beds \| N/A baths \| N/A	$87,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.89% Airbnb Rental Income: $null Traditional Rental Income: $837 Airbnb ROI: N/A Traditional ROI: 6.89%
2849 & 2851 Mattie Harris Rd Centerville, IN 2849 & 2851 Mattie Harris Rd, Centerville, IN 47330 \| Single Family Residential	5 beds \| 4 baths \| 3,234 sq.ft.	$539,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.93% Airbnb Rental Income: $null Traditional Rental Income: $3503 Airbnb ROI: N/A Traditional ROI: 4.93%
3807 Brookridge Trl Centerville, IN 3807 Brookridge Trl, Centerville, IN 47330 \| Single Family Residential	3 beds \| 2 baths \| 3,436 sq.ft.	$534,900	Airbnb cash on cash: -0.45% Traditional cash on cash: 1.62% Airbnb Rental Income: $1177 Traditional Rental Income: $1827 Airbnb ROI: -0.45% Traditional ROI: 1.62%
989 Kellam Rd Centerville, IN 989 Kellam Rd, Centerville, IN 47330 \| Single Family Residential	4 beds \| 2 baths \| 1,382 sq.ft.	$279,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $2078 Airbnb ROI: N/A Traditional ROI: 5.68%
5159 S.r. Thirty-eight Centerville, IN 5159 St Rd 38, Centerville, IN 47330 \| Single Family Residential	4 beds \| 3 baths \| 4,545 sq.ft.	$1,149,900	Airbnb cash on cash: N/A Traditional cash on cash: 0.59% Airbnb Rental Income: $null Traditional Rental Income: $2694 Airbnb ROI: N/A Traditional ROI: 0.59%
4596 Study Rd Centerville, IN 4596 Study Rd, Centerville, IN 47330 \| Single Family Residential	2 beds \| 2 baths \| 1,530 sq.ft.	$304,900	Airbnb cash on cash: 0.58% Traditional cash on cash: 4.19% Airbnb Rental Income: $1172 Traditional Rental Income: $1825 Airbnb ROI: 0.58% Traditional ROI: 4.19%
7224 W US Highway 40 Centerville, IN 7224 W US Highway 40, Centerville, IN 47330 \| Single Family Residential	1 beds \| 1 baths \| 1,207 sq.ft.	$109,900	Airbnb cash on cash: 4.91% Traditional cash on cash: 8.01% Airbnb Rental Income: $1200 Traditional Rental Income: $1141 Airbnb ROI: 4.91% Traditional ROI: 8.01%
315 Walnut St Centerville, IN	3 beds \| 1 baths \| 978 sq.ft.	$114,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 10.1% Airbnb Rental Income: $1177 Traditional Rental Income: $1418 Airbnb ROI: 4.46% Traditional ROI: 10.1%
801 Beech Ave Centerville, IN 801 Beech Ave, Centerville, IN 47330 \| Single Family Residential	3 beds \| 1 baths \| 864 sq.ft.	$132,900	Airbnb cash on cash: 3.63% Traditional cash on cash: 8.94% Airbnb Rental Income: $1177 Traditional Rental Income: $1469 Airbnb ROI: 3.63% Traditional ROI: 8.94%
1460 Rice Rd Centerville, IN 1460 Rice Rd, Centerville, IN 47330 \| Single Family Residential	3 beds \| 1 baths \| 1,788 sq.ft.	$229,900	Airbnb cash on cash: 1.37% Traditional cash on cash: 5.32% Airbnb Rental Income: $1177 Traditional Rental Income: $1651 Airbnb ROI: 1.37% Traditional ROI: 5.32%
201 S Morton Ave Centerville, IN	4 beds \| 1 baths \| 2,166 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.99% Airbnb Rental Income: $null Traditional Rental Income: $1484 Airbnb ROI: N/A Traditional ROI: 4.99%
204 S McMinn Road Centerville, IN Exceptional 4-Bedroom Ranch in the Heart of Centerville. Experience modern living at its f...	4 beds \| 2 baths \| 1,748 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $2376 Airbnb ROI: N/A Traditional ROI: 5.4%

Real Estate investment in Centerville, IN

There are 15 properties for sale in the city of Centerville . The median list price in Centerville is $176,959 and the average price per square foot is $71. In June 2026, the average monthly cash on cash return in Centerville is 6.00%. The average monthly rental income in Centerville is $1,784.

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

There are 15 investment properties available for sale in Centerville.

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

The ROI for Long-Term is higher than the Short-Term in Centerville with average rental income of $1,784.

Your search for investment property begins and ends here

Investment Property for Sale in Centerville, IN

303 W College Corner Rd

Centerville, IN

3 beds | 1 baths | 1,302 sq.ft.

$249,900

Airbnb cash on cash: 1.52%

Traditional cash on cash: 5.2%

Airbnb Rental Income: $1177

Traditional Rental Income: $1659

Airbnb ROI: 1.52%

Traditional ROI: 5.2%

122 W Main St

Centerville, IN

6 beds | 3 baths | 3,108 sq.ft.

$324,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2925

Airbnb ROI: N/A

Traditional ROI: 7.44%

120 W Main St

Centerville, IN

4 beds | 3 baths | 2,604 sq.ft.

$294,500

Airbnb cash on cash: N/A

Traditional cash on cash: 7.7%

Airbnb Rental Income: $null

Traditional Rental Income: $2741

Airbnb ROI: N/A

Traditional ROI: 7.7%

207 College Corner Rd

Centerville, IN

N/A beds | N/A baths | N/A

$87,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.89%

Airbnb Rental Income: $null

Traditional Rental Income: $837

Airbnb ROI: N/A

Traditional ROI: 6.89%

2849 & 2851 Mattie Harris Rd

Centerville, IN

5 beds | 4 baths | 3,234 sq.ft.

$539,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.93%

Airbnb Rental Income: $null

Traditional Rental Income: $3503

Airbnb ROI: N/A

Traditional ROI: 4.93%

3807 Brookridge Trl

Centerville, IN

3 beds | 2 baths | 3,436 sq.ft.

$534,900

Airbnb cash on cash: -0.45%

Traditional cash on cash: 1.62%

Airbnb Rental Income: $1177

Traditional Rental Income: $1827

Airbnb ROI: -0.45%

Traditional ROI: 1.62%

989 Kellam Rd

Centerville, IN

4 beds | 2 baths | 1,382 sq.ft.

$279,999

Airbnb cash on cash: N/A

Traditional cash on cash: 5.68%

Airbnb Rental Income: $null

Traditional Rental Income: $2078

Airbnb ROI: N/A

Traditional ROI: 5.68%

5159 S.r. Thirty-eight

Centerville, IN

4 beds | 3 baths | 4,545 sq.ft.

$1,149,900

Airbnb cash on cash: N/A

Traditional cash on cash: 0.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2694

Airbnb ROI: N/A