Real Estate Investment Properties for Sale in Ellettsville, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5974 N Ajuga Court Ellettsville, IN Presenting to you this beautifully maintained, move-in ready townhouse in Ellettsville, ne...	3 beds \| 3 baths \| 1,551 sq.ft.	$222,000	Airbnb cash on cash: -0.64% Traditional cash on cash: 6.97% Airbnb Rental Income: $883 Traditional Rental Income: $2147 Airbnb ROI: -0.64% Traditional ROI: 6.97%
1934 N Cornerstone Way Ellettsville, IN Indulge in this custom built 4-bed, 2-bath ranch, on a .93-acre lot in a cul de sac. Open ...	4 beds \| 2 baths \| 2,568 sq.ft.	$574,900	Airbnb cash on cash: -1.34% Traditional cash on cash: 2.52% Airbnb Rental Income: $641 Traditional Rental Income: $2419 Airbnb ROI: -1.34% Traditional ROI: 2.52%
702 W Association St Ellettsville, IN $5,000 SELLER CREDIT for closing costs/rate buy down or Buyer discretion! Plus Seller has...	4 beds \| 2 baths \| 2,240 sq.ft.	$229,000	Airbnb cash on cash: -1.53% Traditional cash on cash: 7.24% Airbnb Rental Income: $641 Traditional Rental Income: $2246 Airbnb ROI: -1.53% Traditional ROI: 7.24%
354 W Miami St Ellettsville, IN This charming 3-bedroom, 2-bath ranch offers comfortable, single-level living with thought...	3 beds \| 2 baths \| 1,008 sq.ft.	$249,900	Airbnb cash on cash: 0.29% Traditional cash on cash: 4.25% Airbnb Rental Income: $883 Traditional Rental Income: $1481 Airbnb ROI: 0.29% Traditional ROI: 4.25%
220 S Walnut St Ellettsville, IN Welcome to 220 South Walnut Street, an updated two-bedroom, two-bath home offering over 1,...	2 beds \| 2 baths \| 1,142 sq.ft.	$225,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 1.58% Airbnb Rental Income: $991 Traditional Rental Income: $1004 Airbnb ROI: -0.15% Traditional ROI: 1.58%
117 S Walnut St Ellettsville, IN Price Reduced! Welcome home to this charming 2 bedroom, 1.5 bath limestone ranch offering ...	2 beds \| 1 baths \| 1,342 sq.ft.	$199,000	Airbnb cash on cash: 1.11% Traditional cash on cash: 6.65% Airbnb Rental Income: $991 Traditional Rental Income: $1684 Airbnb ROI: 1.11% Traditional ROI: 6.65%
7291 W Mustang Dr Ellettsville, IN Move-in ready and built in 2019, this thoughtfully designed Craftsman-style home with over...	3 beds \| 2 baths \| 1,623 sq.ft.	$359,900	Airbnb cash on cash: -0.29% Traditional cash on cash: 3.93% Airbnb Rental Income: $883 Traditional Rental Income: $1970 Airbnb ROI: -0.29% Traditional ROI: 3.93%
521 S Sale Street Ellettsville, IN Step into this modernized farmhouse, where historic charm meets vibrant, modern soul. This...	3 beds \| 2 baths \| 2,041 sq.ft.	$299,000	Airbnb cash on cash: 0.25% Traditional cash on cash: 5.67% Airbnb Rental Income: $883 Traditional Rental Income: $2072 Airbnb ROI: 0.25% Traditional ROI: 5.67%
634 E Benjamin Street Ellettsville, IN Built in 2021, this stunning ranch offers 1,736 finished square feet on a 0.36-acre cul-de...	3 beds \| 2 baths \| 1,736 sq.ft.	$429,900	Airbnb cash on cash: -0.54% Traditional cash on cash: 3.2% Airbnb Rental Income: $883 Traditional Rental Income: $2053 Airbnb ROI: -0.54% Traditional ROI: 3.2%
364 S Cedar Drive Ellettsville, IN Affordable One-Level Home â Move-In Ready & USDA Eligible This well-maintained, one-leve...	3 beds \| 1 baths \| 875 sq.ft.	$189,999	Airbnb cash on cash: 0.63% Traditional cash on cash: 4.14% Airbnb Rental Income: $883 Traditional Rental Income: $1180 Airbnb ROI: 0.63% Traditional ROI: 4.14%
526 E Lucy Ln Ellettsville, IN Lovely two-story contemporary home with 4 bedrooms and 2.5 baths in Ellettsville, ideally ...	4 beds \| 2 baths \| 2,404 sq.ft.	$504,900	Airbnb cash on cash: -1.23% Traditional cash on cash: 3.32% Airbnb Rental Income: $641 Traditional Rental Income: $2557 Airbnb ROI: -1.23% Traditional ROI: 3.32%
718 E Appomatox Ct Ellettsville, IN Tucked on a quiet cul-de-sac, this versatile two-story home offers the perfect blend of fu...	4 beds \| 2 baths \| 2,334 sq.ft.	$449,900	Airbnb cash on cash: -1.31% Traditional cash on cash: 3.58% Airbnb Rental Income: $641 Traditional Rental Income: $2406 Airbnb ROI: -1.31% Traditional ROI: 3.58%
6161 N Shelly Drive Ellettsville, IN HOME WARRANTY INCLUDED! Welcome to Shelly Drive, where youâll enjoy nature in your backy...	3 beds \| 1 baths \| 1,320 sq.ft.	$249,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 3.89% Airbnb Rental Income: $883 Traditional Rental Income: $1417 Airbnb ROI: 0.2% Traditional ROI: 3.89%
131 E Cooper Court Ellettsville, IN One in a million renovation! Seller spared nothing: Walls open to the studs and plumbing, ...	4 beds \| 3 baths \| 1,776 sq.ft.	$309,900	Airbnb cash on cash: -1.22% Traditional cash on cash: 4.69% Airbnb Rental Income: $641 Traditional Rental Income: $2070 Airbnb ROI: -1.22% Traditional ROI: 4.69%
953 S Lantern Lane Ellettsville, IN Looking for a newer construction home on a large lot? Welcome home to 953 Lantern Lane, El...	4 beds \| 3 baths \| 5,322 sq.ft.	$640,000	Airbnb cash on cash: -1.35% Traditional cash on cash: 1.49% Airbnb Rental Income: $641 Traditional Rental Income: $2040 Airbnb ROI: -1.35% Traditional ROI: 1.49%
701 E Quinn Raye Court Ellettsville, IN Welcome to a wonderful like-new ranch! This premium corner-lot home with attractive landsc...	3 beds \| 2 baths \| 2,202 sq.ft.	$450,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 3.18% Airbnb Rental Income: $883 Traditional Rental Income: $2204 Airbnb ROI: -0.75% Traditional ROI: 3.18%
537 S Birch St Ellettsville, IN Welcome home! Featuring 3 bedrooms and 2 full bathroomsâincluding a primary bath with a ...	3 beds \| 2 baths \| 1,154 sq.ft.	$309,900	Airbnb cash on cash: -0.12% Traditional cash on cash: 3.52% Airbnb Rental Income: $883 Traditional Rental Income: $1609 Airbnb ROI: -0.12% Traditional ROI: 3.52%
5688 W Vinca Ln Ellettsville, IN Elevated design meets effortless living in this thoughtfully upgraded townhome. From the m...	3 beds \| 2 baths \| 1,551 sq.ft.	$260,000	Airbnb cash on cash: -0.65% Traditional cash on cash: 5.24% Airbnb Rental Income: $883 Traditional Rental Income: $1992 Airbnb ROI: -0.65% Traditional ROI: 5.24%
7615 W Julia Drive Ellettsville, IN NEW CONSTRUCTION in the NEW Harman Farm Subdivision in Ellettsville! This 1652 SF Ranch fe...	3 beds \| 2 baths \| 1,652 sq.ft.	$380,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.55% Airbnb Rental Income: $883 Traditional Rental Income: $2016 Airbnb ROI: -0.57% Traditional ROI: 3.55%
7655 W Julia Drive Ellettsville, IN This thoughtfully designed ranch highlights the best of single-level living in the Village...	3 beds \| 2 baths \| 1,632 sq.ft.	$399,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 3.2% Airbnb Rental Income: $883 Traditional Rental Income: $1984 Airbnb ROI: -0.63% Traditional ROI: 3.2%
7318 N Red Hill Rd Ellettsville, IN Adorable 3 bed, 2 bath, A-Frame home on .60 of an acre and features 1970 finished square f...	3 beds \| 2 baths \| 1,970 sq.ft.	$329,696	Airbnb cash on cash: -0.43% Traditional cash on cash: 4.45% Airbnb Rental Income: $883 Traditional Rental Income: $2057 Airbnb ROI: -0.43% Traditional ROI: 4.45%
1917 N Cornerstone Way Ellettsville, IN A beautiful custom French Country Maison in a quiet neighborhood in quaint Ellettsville! W...	4 beds \| 3 baths \| 3,610 sq.ft.	$739,900	Airbnb cash on cash: -1.43% Traditional cash on cash: 3.28% Airbnb Rental Income: $641 Traditional Rental Income: $3592 Airbnb ROI: -1.43% Traditional ROI: 3.28%
5537 N Korbyn Ct Ellettsville, IN 5537 N Korbyn Ct, Ellettsville, IN 47429 \| Other	N/A beds \| N/A baths \| 0 sq.ft.	$49,000	Airbnb cash on cash: 4.17% Traditional cash on cash: 10.08% Airbnb Rental Income: $699 Traditional Rental Income: $689 Airbnb ROI: 4.17% Traditional ROI: 10.08%
5915 Ajuga Ct Ellettsville, IN 5915 Ajuga Ct, Ellettsville, IN 47429 \| Condo/Coop	3 beds \| 2 baths \| 1,551 sq.ft.	$223,500	Airbnb cash on cash: -0.77% Traditional cash on cash: 4.24% Airbnb Rental Income: $883 Traditional Rental Income: $1608 Airbnb ROI: -0.77% Traditional ROI: 4.24%
The Orchard Plan Ellettsville, IN The Orchard Plan, Ellettsville, IN 47429 \| Single Family Residential	3 beds \| 2 baths \| 1,632 sq.ft.	$399,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.04% Airbnb Rental Income: $883 Traditional Rental Income: $1550 Airbnb ROI: -0.63% Traditional ROI: 2.04%
811 N Daisy (lot 90) Dr Ellettsville, IN 811 N Daisy (lot 90) Dr, Ellettsville, IN 47429 \| Other	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 0.66% Airbnb Rental Income: $699 Traditional Rental Income: $429 Airbnb ROI: 0.4% Traditional ROI: 0.66%
1013 S Deer Run Rd Ellettsville, IN	N/A beds \| N/A baths \| N/A	$65,000	Airbnb cash on cash: 2.8% Traditional cash on cash: 3.39% Airbnb Rental Income: $699 Traditional Rental Income: $432 Airbnb ROI: 2.8% Traditional ROI: 3.39%
5463 W Channing Way #121 Ellettsville, IN 5463 W Channing Way #121, Ellettsville, IN 47429 \| Other	N/A beds \| N/A baths \| N/A	$52,500	Airbnb cash on cash: 3.81% Traditional cash on cash: 4.67% Airbnb Rental Income: $699 Traditional Rental Income: $439 Airbnb ROI: 3.81% Traditional ROI: 4.67%
8252 W Chafin Chapel Rd Ellettsville, IN What a find!! Five acres of rolling woods, secluded yet convenient. AND, a great 2 bedroom...	2 beds \| 1 baths \| 1,374 sq.ft.	$339,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 3.12% Airbnb Rental Income: $991 Traditional Rental Income: $1679 Airbnb ROI: -0.16% Traditional ROI: 3.12%
7654 W Julia Drive Ellettsville, IN New construction in the Village at Harman Farm! This thoughtfully designed home features a...	3 beds \| 2 baths \| 1,399 sq.ft.	$379,900	Airbnb cash on cash: -0.57% Traditional cash on cash: 3.03% Airbnb Rental Income: $883 Traditional Rental Income: $1829 Airbnb ROI: -0.57% Traditional ROI: 3.03%
7602 W Julia Drive Ellettsville, IN New Construction in the exciting new Harman Farm Subdivision. 1020 SF, 2-bed, 2 full bath...	2 beds \| 2 baths \| 1,020 sq.ft.	$290,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 4.03% Airbnb Rental Income: $991 Traditional Rental Income: $1698 Airbnb ROI: 0.15% Traditional ROI: 4.03%
6193 N Wallace Harman Way Ellettsville, IN New construction in the Village at Harman Farm! Located on the west side of Ellettsville j...	3 beds \| 2 baths \| 1,407 sq.ft.	$308,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 4.58% Airbnb Rental Income: $883 Traditional Rental Income: $1954 Airbnb ROI: -0.28% Traditional ROI: 4.58%
6191 N Wallace Harman Way Ellettsville, IN New construction in the Village at Harman Farm! Located on the west side of Ellettsville j...	3 beds \| 2 baths \| 1,417 sq.ft.	$310,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 4.51% Airbnb Rental Income: $883 Traditional Rental Income: $1946 Airbnb ROI: -0.29% Traditional ROI: 4.51%
6195 N Wallace Harman Way Ellettsville, IN New construction in the Village at Harman Farm! Located on the west side of Ellettsville j...	3 beds \| 2 baths \| 1,455 sq.ft.	$312,000	Airbnb cash on cash: -0.3% Traditional cash on cash: 4.59% Airbnb Rental Income: $883 Traditional Rental Income: $1980 Airbnb ROI: -0.3% Traditional ROI: 4.59%
1897 N Cornerstone Way Ellettsville, IN Welcome to this exceptional sprawling ranch in Quarry Estates, offering thoughtful design ...	4 beds \| 3 baths \| 4,252 sq.ft.	$765,000	Airbnb cash on cash: -1.34% Traditional cash on cash: 1.85% Airbnb Rental Income: $641 Traditional Rental Income: $2622 Airbnb ROI: -1.34% Traditional ROI: 1.85%
The Hearth Plan Ellettsville, IN The Hearth Plan, Ellettsville, IN 47429 \| Single Family Residential	3 beds \| 2 baths \| 1,399 sq.ft.	$379,900	Airbnb cash on cash: -0.57% Traditional cash on cash: 2.02% Airbnb Rental Income: $883 Traditional Rental Income: $1471 Airbnb ROI: -0.57% Traditional ROI: 2.02%
7671 W Julia Drive Ellettsville, IN This thoughtfully designed ranch showcases the ease of single-level living in the Village ...	3 beds \| 2 baths \| 1,632 sq.ft.	$409,900	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.06% Airbnb Rental Income: $883 Traditional Rental Income: $1976 Airbnb ROI: -0.66% Traditional ROI: 3.06%
7604 W Julia Dr Ellettsville, IN New Construction in the exciting new Harman Farm Subdivision. 1480 SF, 3-bed, 2-1/2 bath t...	3 beds \| 2 baths \| 1,480 sq.ft.	$329,000	Airbnb cash on cash: -0.4% Traditional cash on cash: 4.26% Airbnb Rental Income: $883 Traditional Rental Income: $1987 Airbnb ROI: -0.4% Traditional ROI: 4.26%
6601 N Rhinestone Dr Ellettsville, IN Beautiful country living on 2.28 acres in Horse Shoe Retreat! This custom-built ranch home...	3 beds \| 2 baths \| 2,395 sq.ft.	$449,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 3.92% Airbnb Rental Income: $883 Traditional Rental Income: $2434 Airbnb ROI: -0.56% Traditional ROI: 3.92%
4729 W Mcneely St Ellettsville, IN 4729 W Mcneely St, Ellettsville, IN 47429 \| Other	N/A beds \| N/A baths \| N/A	$166,400	Airbnb cash on cash: 0.05% Traditional cash on cash: 0.64% Airbnb Rental Income: $699 Traditional Rental Income: $487 Airbnb ROI: 0.05% Traditional ROI: 0.64%

Real Estate investment in Ellettsville, IN

There are 72 properties for sale in the city of Ellettsville . The median list price in Ellettsville is $314,900 and the average price per square foot is $183. In May 2026, the average monthly cash on cash return in Ellettsville is 4.00%. The average monthly rental income in Ellettsville is $1,982.

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

There are 72 investment properties available for sale in Ellettsville.

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

The ROI for Long-Term is higher than the Short-Term in Ellettsville with average rental income of $1,982.

Your search for investment property begins and ends here

Investment Property for Sale in Ellettsville, IN

5974 N Ajuga Court

Ellettsville, IN

3 beds | 3 baths | 1,551 sq.ft.

$222,000

Airbnb cash on cash: -0.64%

Traditional cash on cash: 6.97%

Airbnb Rental Income: $883

Traditional Rental Income: $2147

Airbnb ROI: -0.64%

Traditional ROI: 6.97%

1934 N Cornerstone Way

Ellettsville, IN

4 beds | 2 baths | 2,568 sq.ft.

$574,900

Airbnb cash on cash: -1.34%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $641

Traditional Rental Income: $2419

Airbnb ROI: -1.34%

Traditional ROI: 2.52%

702 W Association St

Ellettsville, IN

4 beds | 2 baths | 2,240 sq.ft.

$229,000

Airbnb cash on cash: -1.53%

Traditional cash on cash: 7.24%

Airbnb Rental Income: $641

Traditional Rental Income: $2246

Airbnb ROI: -1.53%

Traditional ROI: 7.24%

354 W Miami St

Ellettsville, IN

3 beds | 2 baths | 1,008 sq.ft.

$249,900

Airbnb cash on cash: 0.29%

Traditional cash on cash: 4.25%

Airbnb Rental Income: $883

Traditional Rental Income: $1481

Airbnb ROI: 0.29%

Traditional ROI: 4.25%

220 S Walnut St

Ellettsville, IN

2 beds | 2 baths | 1,142 sq.ft.

$225,000

Airbnb cash on cash: -0.15%

Traditional cash on cash: 1.58%

Airbnb Rental Income: $991

Traditional Rental Income: $1004

Airbnb ROI: -0.15%

Traditional ROI: 1.58%

117 S Walnut St

Ellettsville, IN

2 beds | 1 baths | 1,342 sq.ft.

$199,000

Airbnb cash on cash: 1.11%

Traditional cash on cash: 6.65%

Airbnb Rental Income: $991

Traditional Rental Income: $1684

Airbnb ROI: 1.11%

Traditional ROI: 6.65%

7291 W Mustang Dr

Ellettsville, IN

3 beds | 2 baths | 1,623 sq.ft.

$359,900

Airbnb cash on cash: -0.29%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $883

Traditional Rental Income: $1970

Airbnb ROI: -0.29%

Traditional ROI: 3.93%

521 S Sale Street

Ellettsville, IN

3 beds | 2 baths | 2,041 sq.ft.

$299,000

Airbnb cash on cash: 0.25%

Traditional cash on cash: 5.67%

Airbnb Rental Income: $883

Traditional Rental Income: $2072

Airbnb ROI: 0.25%