Real Estate Investment Properties for Sale in Indianapolis, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1931 Brocken Ct Indianapolis, IN Beautifully maintained 4-bedroom, 3-bath tri-level situated on a spacious .41-acre fenced ...	4 beds \| 3 baths \| 2,126 sq.ft.	$300,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 6.31% Airbnb Rental Income: $1634 Traditional Rental Income: $2417 Airbnb ROI: 2.11% Traditional ROI: 6.31%
6493 Hunters Green Circle Indianapolis, IN Beautifully updated 3 bed, 2 bath home tucked into a quiet cul-de-sac near Eagle Creek wit...	3 beds \| 2 baths \| 1,417 sq.ft.	$295,000	Airbnb cash on cash: 0.85% Traditional cash on cash: 3.75% Airbnb Rental Income: $1084 Traditional Rental Income: $1520 Airbnb ROI: 0.85% Traditional ROI: 3.75%
10330 Rockford Ct Indianapolis, IN Spacious home and a great floor plan! With over 1900 square feet this large ranch has a hu...	3 beds \| 2 baths \| 1,906 sq.ft.	$219,900	Airbnb cash on cash: 2.06% Traditional cash on cash: 7.8% Airbnb Rental Income: $1232 Traditional Rental Income: $2033 Airbnb ROI: 2.06% Traditional ROI: 7.8%
5148 N Park Ave Indianapolis, IN Welcome to 5148 N Park Avenue in Meridian Kessler! This fantastic, recently renovated 4 be...	4 beds \| 3 baths \| 3,073 sq.ft.	$749,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 1.94% Airbnb Rental Income: $2833 Traditional Rental Income: $2810 Airbnb ROI: 1.05% Traditional ROI: 1.94%
3135 E 52nd St #E Indianapolis, IN 3135 E 52nd St Unit E is a multi-room Indianapolis condo residence set in a brick communit...	4 beds \| 2 baths \| 1,777 sq.ft.	$164,000	Airbnb cash on cash: 9.14% Traditional cash on cash: 9.27% Airbnb Rental Income: $2504 Traditional Rental Income: $1922 Airbnb ROI: 9.14% Traditional ROI: 9.27%
8078 Windham Lake Way Indianapolis, IN Updated 3-bedroom condo with one of the largest floorplans in the Windham Lake complex. Ne...	3 beds \| 3 baths \| 1,816 sq.ft.	$229,900	Airbnb cash on cash: 2.86% Traditional cash on cash: 5.62% Airbnb Rental Income: $1805 Traditional Rental Income: $1916 Airbnb ROI: 2.86% Traditional ROI: 5.62%
365 E Morris Street Indianapolis, IN On the North edge of wonderful Bates Hendricks neighborhood you will find a completely reh...	N/A beds \| N/A baths \| N/A	$447,500	Airbnb cash on cash: -0.72% Traditional cash on cash: 7.13% Airbnb Rental Income: $714 Traditional Rental Income: $3698 Airbnb ROI: -0.72% Traditional ROI: 7.13%
206 N Beville Avenue Indianapolis, IN Fully renovated inside and out, this beautifully updated 5 bedroom 3 bath home is located ...	5 beds \| 3 baths \| 2,850 sq.ft.	$260,000	Airbnb cash on cash: 6.57% Traditional cash on cash: 9.25% Airbnb Rental Income: $2815 Traditional Rental Income: $2814 Airbnb ROI: 6.57% Traditional ROI: 9.25%
404 N Grant Ave Indianapolis, IN Welcome to this beautiful fully remodeled house. From the moment you arrive, you'll apprec...	4 beds \| 2 baths \| 1,644 sq.ft.	$199,900	Airbnb cash on cash: 3.81% Traditional cash on cash: 4.02% Airbnb Rental Income: $1685 Traditional Rental Income: $1257 Airbnb ROI: 3.81% Traditional ROI: 4.02%
406 Griffin Road Indianapolis, IN Beautiful, well-maintained home in desirable Perry Township that won't last long! Recent u...	3 beds \| 2 baths \| 1,762 sq.ft.	$270,000	Airbnb cash on cash: 2.6% Traditional cash on cash: 6.15% Airbnb Rental Income: $1633 Traditional Rental Income: $2076 Airbnb ROI: 2.6% Traditional ROI: 6.15%
1444 E Elbert St Indianapolis, IN Discover the perfect blend of charm and convenience at 1444 E Elbert Street. This inviting...	2 beds \| 1 baths \| 1,584 sq.ft.	$172,500	Airbnb cash on cash: 0.74% Traditional cash on cash: 4.05% Airbnb Rental Income: $1006 Traditional Rental Income: $1193 Airbnb ROI: 0.74% Traditional ROI: 4.05%
6146 Ralston Ave Indianapolis, IN This inviting 2-bedroom, 2-full-bath bungalow offers a highly sought-after feature in Broa...	2 beds \| 2 baths \| 2,192 sq.ft.	$315,000	Airbnb cash on cash: 2.27% Traditional cash on cash: 4.17% Airbnb Rental Income: $1753 Traditional Rental Income: $1852 Airbnb ROI: 2.27% Traditional ROI: 4.17%
1918 E 68th St Indianapolis, IN Back on the market at no fault of the Seller! 3 bed, 2 bath home located just north of Bro...	3 beds \| 2 baths \| 1,700 sq.ft.	$256,000	Airbnb cash on cash: 5.63% Traditional cash on cash: 5.12% Airbnb Rental Income: $2385 Traditional Rental Income: $1675 Airbnb ROI: 5.63% Traditional ROI: 5.12%
435 Virginia Avenue #506 Indianapolis, IN Welcome to Villagio at Page Pointe in sought after Fletcher Place: where city living meets...	3 beds \| 2 baths \| 1,814 sq.ft.	$545,000	Airbnb cash on cash: -2.08% Traditional cash on cash: -0.36% Airbnb Rental Income: $1568 Traditional Rental Income: $1996 Airbnb ROI: -2.08% Traditional ROI: -0.36%
1529 Kennington St Indianapolis, IN Experience this beautifully renovated 2br/1ba single family home in the Bates Hendricks ne...	2 beds \| 1 baths \| 780 sq.ft.	$200,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.29% Airbnb Rental Income: $1182 Traditional Rental Income: $1067 Airbnb ROI: 1.86% Traditional ROI: 3.29%
8625 Douglaston Ct Indianapolis, IN Welcome to this beautifully updated 3-bedroom, 2 full bath, 2 half bath home, thoughtfully...	3 beds \| 2 baths \| 3,766 sq.ft.	$419,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 5.2% Airbnb Rental Income: $1805 Traditional Rental Income: $2939 Airbnb ROI: 1.16% Traditional ROI: 5.2%
838 N Emerson Ave Indianapolis, IN Welcome to 838 N Emerson Ave! This 3-bedroom, 1-bath single-story home sits on a 6,534 sq ...	3 beds \| 1 baths \| 2,400 sq.ft.	$189,900	Airbnb cash on cash: 2.54% Traditional cash on cash: 4.2% Airbnb Rental Income: $1311 Traditional Rental Income: $1211 Airbnb ROI: 2.54% Traditional ROI: 4.2%
1111 E 10th St Indianapolis, IN WOW! Experience Sophisticated Urban Living in this stunning Townhome with a Private ROOFTO...	3 beds \| 3 baths \| 2,440 sq.ft.	$669,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.19% Airbnb Rental Income: $1421 Traditional Rental Income: $2726 Airbnb ROI: -0.58% Traditional ROI: 2.19%
3868 Ruckle St Indianapolis, IN This beautifully updated 1911 home blends timeless character with thoughtful modern update...	3 beds \| 2 baths \| 2,074 sq.ft.	$445,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.53% Airbnb Rental Income: $1704 Traditional Rental Income: $2558 Airbnb ROI: 1.38% Traditional ROI: 4.53%
4251 Woodsage Trace Indianapolis, IN SELLER IS OFFERING $2,000 TO BUYERS for buyer's closing costs to purchase this end-unit co...	2 beds \| 2 baths \| 1,187 sq.ft.	$130,000	Airbnb cash on cash: -1.89% Traditional cash on cash: 4.32% Airbnb Rental Income: $984 Traditional Rental Income: $1408 Airbnb ROI: -1.89% Traditional ROI: 4.32%
9019 Panorama Ct Indianapolis, IN Welcome home to this beautifully updated ranch in the Avon/West Indianapolis area, conveni...	3 beds \| 1 baths \| 1,097 sq.ft.	$228,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 4.62% Airbnb Rental Income: $1530 Traditional Rental Income: $1462 Airbnb ROI: 2.92% Traditional ROI: 4.62%
5911 Edelle Dr Indianapolis, IN Explore versatility and comfort in this Franklin Township ranch home! With a loft space th...	3 beds \| 2 baths \| 1,997 sq.ft.	$349,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 4.7% Airbnb Rental Income: $1897 Traditional Rental Income: $2168 Airbnb ROI: 2.33% Traditional ROI: 4.7%
1306 Tishman Lane Indianapolis, IN Charming 2-bedroom, 1.5-bath condo offering comfortable, low-maintenance living. This well...	2 beds \| 2 baths \| 1,216 sq.ft.	$125,900	Airbnb cash on cash: 2.41% Traditional cash on cash: 5.31% Airbnb Rental Income: $1451 Traditional Rental Income: $1372 Airbnb ROI: 2.41% Traditional ROI: 5.31%
1709 N Talbott St Indianapolis, IN Welcome to this beautifully updated three-level home located in the heart of the highly so...	3 beds \| 2 baths \| 2,381 sq.ft.	$415,000	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.05% Airbnb Rental Income: $1166 Traditional Rental Income: $2454 Airbnb ROI: 0.76% Traditional ROI: 5.05%
7514 Iron Horse Lane Indianapolis, IN Welcome home to this inviting 3-bedroom, 2-bath ranch that perfectly blends comfort, updat...	3 beds \| 2 baths \| 1,351 sq.ft.	$280,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 4.5% Airbnb Rental Income: $1846 Traditional Rental Income: $1669 Airbnb ROI: 3.29% Traditional ROI: 4.5%
2946 Broadway St Indianapolis, IN WHEN IT HAS GOOD BONES...AND...IT'S BEEN CARED FOR AND THOUGHTFULLY REJUVENATED...IT'S WIS...	4 beds \| 2 baths \| 3,204 sq.ft.	$419,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 5.11% Airbnb Rental Income: $1419 Traditional Rental Income: $2532 Airbnb ROI: 1.2% Traditional ROI: 5.11%
6917 Amber Springs Way Indianapolis, IN Located in the heart of Franklin Township, this well-maintained two-story home features 3 ...	3 beds \| 2 baths \| 2,353 sq.ft.	$309,900	Airbnb cash on cash: 3.32% Traditional cash on cash: 4.79% Airbnb Rental Income: $2093 Traditional Rental Income: $1997 Airbnb ROI: 3.32% Traditional ROI: 4.79%
4128 Ballybay Ln Indianapolis, IN This rare 4-bedroom ranch offers what todays discriminating buyer is seeking. The open-con...	4 beds \| 2 baths \| 1,836 sq.ft.	$295,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 4.52% Airbnb Rental Income: $1655 Traditional Rental Income: $1823 Airbnb ROI: 2.24% Traditional ROI: 4.52%
1134 N Elder Ave Indianapolis, IN This 3 bedroom / 1 bathroom home is ready for the new owner! Currently rented through 6/30...	3 beds \| 1 baths \| 1,104 sq.ft.	$89,900	Airbnb cash on cash: 9.82% Traditional cash on cash: 11.23% Airbnb Rental Income: $1584 Traditional Rental Income: $1262 Airbnb ROI: 9.82% Traditional ROI: 11.23%
6685 Homestead Dr Indianapolis, IN Best of both worlds, charming Homecroft neighborhood architecture and yet a totally refres...	3 beds \| 2 baths \| 2,628 sq.ft.	$319,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 5.03% Airbnb Rental Income: $1635 Traditional Rental Income: $2177 Airbnb ROI: 1.7% Traditional ROI: 5.03%
6623 E 10th Street Indianapolis, IN Imagine a limestone ranch in sought-after Warren Park, perched on a hill with a sweeping l...	3 beds \| 3 baths \| 3,438 sq.ft.	$339,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.35% Airbnb Rental Income: $1421 Traditional Rental Income: $2341 Airbnb ROI: 1.14% Traditional ROI: 5.35%
219 S Walcott St Indianapolis, IN This updated 2-bedroom, 1-bathroom home at 219 S Walcott St offers a premier turn-key oppo...	2 beds \| 1 baths \| 1,726 sq.ft.	$170,000	Airbnb cash on cash: 4.09% Traditional cash on cash: 4.3% Airbnb Rental Income: $1379 Traditional Rental Income: $995 Airbnb ROI: 4.09% Traditional ROI: 4.3%
3627 N Capitol Ave Indianapolis, IN At 3627 N Capitol AVE, INDIANAPOLIS, IN, discover a single-family residence constructed in...	2 beds \| 1 baths \| 2,016 sq.ft.	$144,999	Airbnb cash on cash: 1.44% Traditional cash on cash: 6.4% Airbnb Rental Income: $861 Traditional Rental Income: $1240 Airbnb ROI: 1.44% Traditional ROI: 6.4%
5263 Windridge Dr Indianapolis, IN Discover sophisticated easy living at 5263 Windridge DR, INDIANAPOLIS, IN. Built in 1986, ...	4 beds \| 3 baths \| 3,600 sq.ft.	$350,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 2.89% Airbnb Rental Income: $2260 Traditional Rental Income: $2474 Airbnb ROI: 0.52% Traditional ROI: 2.89%
5317 Glen Stewart Way Indianapolis, IN Discover your dream home just blocks from the scenic Eagle Creek Reservoir. This stunning,...	4 beds \| 3 baths \| 3,827 sq.ft.	$450,000	Airbnb cash on cash: 2.07% Traditional cash on cash: 3.66% Airbnb Rental Income: $2538 Traditional Rental Income: $2596 Airbnb ROI: 2.07% Traditional ROI: 3.66%
6525 Emerald Hill Ct #206 Indianapolis, IN Maintenance free living at it's best. Nestled at 6525 Emerald Hill Ct Unit 206 in the hear...	2 beds \| 2 baths \| 1,549 sq.ft.	$164,900	Airbnb cash on cash: -0.9% Traditional cash on cash: 7.33% Airbnb Rental Income: $970 Traditional Rental Income: $1914 Airbnb ROI: -0.9% Traditional ROI: 7.33%
7805 N Alton Ave Indianapolis, IN Discover refined living at 7805 N Alton Ave, Indianapolis. Nestled on a spacious .55-acre ...	3 beds \| 3 baths \| 2,827 sq.ft.	$299,500	Airbnb cash on cash: 0.51% Traditional cash on cash: 8.07% Airbnb Rental Income: $1037 Traditional Rental Income: $2807 Airbnb ROI: 0.51% Traditional ROI: 8.07%
333 Massachusetts Ave #305 Indianapolis, IN Welcome to Three Mass Avenue, where luxury, convenience, and the energy of downtown Indian...	2 beds \| 2 baths \| 2,026 sq.ft.	$595,000	Airbnb cash on cash: -1.37% Traditional cash on cash: 1.22% Airbnb Rental Income: $1553 Traditional Rental Income: $2542 Airbnb ROI: -1.37% Traditional ROI: 1.22%
1528 Central Ave Indianapolis, IN Welcome to 1528 Central Ave, a property that exudes elegance and sophistication. The kitch...	3 beds \| 2 baths \| 2,865 sq.ft.	$480,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 3.75% Airbnb Rental Income: $1166 Traditional Rental Income: $2658 Airbnb ROI: -0.34% Traditional ROI: 3.75%
2709 Napoleon St Indianapolis, IN Welcome to your new home, a charming bungalow tucked away on a quiet street in Garfield Pa...	2 beds \| 1 baths \| 2,003 sq.ft.	$189,900	Airbnb cash on cash: 0.76% Traditional cash on cash: 3.77% Airbnb Rental Income: $916 Traditional Rental Income: $1188 Airbnb ROI: 0.76% Traditional ROI: 3.77%

Real Estate investment in Indianapolis, IN

There are 4,342 properties for sale in the city of Indianapolis . The median list price in Indianapolis is $254,847 and the average price per square foot is $133. In August 2026, the average monthly cash on cash return in Indianapolis is 4.00%. The average monthly rental income in Indianapolis is $1,628.

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

There are 4,342 investment properties available for sale in Indianapolis.

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

The ROI for Long-Term is higher than the Short-Term in Indianapolis with average rental income of $1,628.

Your search for investment property begins and ends here

Investment Property for Sale in Indianapolis, IN

1931 Brocken Ct

Indianapolis, IN

4 beds | 3 baths | 2,126 sq.ft.

$300,000

Airbnb cash on cash: 2.11%

Traditional cash on cash: 6.31%

Airbnb Rental Income: $1634

Traditional Rental Income: $2417

Airbnb ROI: 2.11%

Traditional ROI: 6.31%

6493 Hunters Green Circle

Indianapolis, IN

3 beds | 2 baths | 1,417 sq.ft.

$295,000

Airbnb cash on cash: 0.85%

Traditional cash on cash: 3.75%

Airbnb Rental Income: $1084

Traditional Rental Income: $1520

Airbnb ROI: 0.85%

Traditional ROI: 3.75%

10330 Rockford Ct

Indianapolis, IN

3 beds | 2 baths | 1,906 sq.ft.

$219,900

Airbnb cash on cash: 2.06%

Traditional cash on cash: 7.8%

Airbnb Rental Income: $1232

Traditional Rental Income: $2033

Airbnb ROI: 2.06%

Traditional ROI: 7.8%

5148 N Park Ave

Indianapolis, IN

4 beds | 3 baths | 3,073 sq.ft.

$749,000

Airbnb cash on cash: 1.05%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $2833

Traditional Rental Income: $2810

Airbnb ROI: 1.05%

Traditional ROI: 1.94%

3135 E 52nd St #E

Indianapolis, IN

4 beds | 2 baths | 1,777 sq.ft.

$164,000

Airbnb cash on cash: 9.14%

Traditional cash on cash: 9.27%

Airbnb Rental Income: $2504

Traditional Rental Income: $1922

Airbnb ROI: 9.14%

Traditional ROI: 9.27%

8078 Windham Lake Way

Indianapolis, IN

3 beds | 3 baths | 1,816 sq.ft.

$229,900

Airbnb cash on cash: 2.86%

Traditional cash on cash: 5.62%

Airbnb Rental Income: $1805

Traditional Rental Income: $1916

Airbnb ROI: 2.86%

Traditional ROI: 5.62%

365 E Morris Street

Indianapolis, IN

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

$447,500

Airbnb cash on cash: -0.72%

Traditional cash on cash: 7.13%

Airbnb Rental Income: $714

Traditional Rental Income: $3698

Airbnb ROI: -0.72%

Traditional ROI: 7.13%

206 N Beville Avenue

Indianapolis, IN

5 beds | 3 baths | 2,850 sq.ft.

$260,000

Airbnb cash on cash: 6.57%

Traditional cash on cash: 9.25%

Airbnb Rental Income: $2815

Traditional Rental Income: $2814

Airbnb ROI: 6.57%