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.

Condos for Sale in Indianapolis, IN

Search for Condo for Sale in Indianapolis, Indiana. Browse all of Mashvisor’s Condo listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 343 Condo 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
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: 1.84% Traditional cash on cash: 5.49% Airbnb Rental Income: $1553 Traditional Rental Income: $1916 Airbnb ROI: 1.84% Traditional ROI: 5.49%
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: -2.06% Traditional cash on cash: -0.36% Airbnb Rental Income: $1580 Traditional Rental Income: $1996 Airbnb ROI: -2.06% Traditional ROI: -0.36%
430 N Park Ave #104 Indianapolis, IN Exceptional 2 bedroom 2 bath condo in one of downtown Indyâs most coveted locations. Thi...	2 beds \| 2 baths \| 1,462 sq.ft.	$355,000	Airbnb cash on cash: -2.26% Traditional cash on cash: 2.22% Airbnb Rental Income: $1362 Traditional Rental Income: $2438 Airbnb ROI: -2.26% Traditional ROI: 2.22%
333 Massachusetts Ave Ph 1 Indianapolis, IN 333 Massachusetts Ave Ph 1, Indianapolis, IN 46204 \| Condo/Coop	3 beds \| 3 baths \| 4,251 sq.ft.	$2,100,000	Airbnb cash on cash: -2.05% Traditional cash on cash: -1.54% Airbnb Rental Income: $1412 Traditional Rental Income: $1972 Airbnb ROI: -2.05% Traditional ROI: -1.54%
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: -1.99% Traditional cash on cash: 4.13% Airbnb Rental Income: $963 Traditional Rental Income: $1408 Airbnb ROI: -1.99% Traditional ROI: 4.13%
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: 1.02% Traditional cash on cash: 5.31% Airbnb Rental Income: $1249 Traditional Rental Income: $1372 Airbnb ROI: 1.02% Traditional ROI: 5.31%
450 E Ohio St #118 Indianapolis, IN Discover the ultimate urban lifestyle at The Packard! This lovely condo is everything you'...	2 beds \| 2 baths \| 1,711 sq.ft.	$370,000	Airbnb cash on cash: -2.58% Traditional cash on cash: 1.6% Airbnb Rental Income: $1362 Traditional Rental Income: $2395 Airbnb ROI: -2.58% Traditional ROI: 1.6%
5263 Windridge Drive Indianapolis, IN Discover sophisticated easy living at 5263 Windridge DR, INDIANAPOLIS, IN. Built in 1986, ...	4 beds \| 3 baths \| 3,600 sq.ft.	$360,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 2.79% Airbnb Rental Income: $2447 Traditional Rental Income: $2474 Airbnb ROI: 0.94% Traditional ROI: 2.79%
6525 Emerald Hill Court #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.	$169,900	Airbnb cash on cash: 0.25% Traditional cash on cash: 7.07% Airbnb Rental Income: $1198 Traditional Rental Income: $1914 Airbnb ROI: 0.25% Traditional ROI: 7.07%
8079 Lower Bay Lane Indianapolis, IN Welcome to lake life on Geist with a deeded boat dock! This beautifully updated three-stor...	2 beds \| 4 baths \| 2,900 sq.ft.	$514,900	Airbnb cash on cash: -0.95% Traditional cash on cash: 4.62% Airbnb Rental Income: $1389 Traditional Rental Income: $3647 Airbnb ROI: -0.95% Traditional ROI: 4.62%
333 Massachusetts Avenue #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.	$625,000	Airbnb cash on cash: -1.62% Traditional cash on cash: 1.12% Airbnb Rental Income: $1362 Traditional Rental Income: $2542 Airbnb ROI: -1.62% Traditional ROI: 1.12%
1528 Central Avenue Indianapolis, IN Welcome to 1528 Central Ave, a property that exudes elegance and sophistication. The kitch...	3 beds \| 3 baths \| 2,865 sq.ft.	$490,000	Airbnb cash on cash: -0.28% Traditional cash on cash: 3.75% Airbnb Rental Income: $1199 Traditional Rental Income: $2658 Airbnb ROI: -0.28% Traditional ROI: 3.75%
8422 Hague Rd Indianapolis, IN Great Investment Townhome in Clearvista Subdivision, Conveniently located close to Shoppin...	3 beds \| 2 baths \| 1,530 sq.ft.	$189,500	Airbnb cash on cash: 2.28% Traditional cash on cash: 4.08% Airbnb Rental Income: $1592 Traditional Rental Income: $1462 Airbnb ROI: 2.28% Traditional ROI: 4.08%
8650 Jaffa Court West Dr #14 Indianapolis, IN Prestigious 2BR/2BA condo in Lion's Gate! Neutral decor, carpet & paint make this home mov...	2 beds \| 2 baths \| 1,709 sq.ft.	$269,900	Airbnb cash on cash: 0.9% Traditional cash on cash: 0.56% Airbnb Rental Income: $2179 Traditional Rental Income: $1539 Airbnb ROI: 0.9% Traditional ROI: 0.56%
350 N Meridian St #401 Indianapolis, IN One of the most fabulous & amazing condos in Indianapolis Athletic Club! This SE corner co...	2 beds \| 2 baths \| 1,520 sq.ft.	$425,000	Airbnb cash on cash: -2.12% Traditional cash on cash: -0.47% Airbnb Rental Income: $1362 Traditional Rental Income: $1603 Airbnb ROI: -2.12% Traditional ROI: -0.47%
11260 Fonthill Dr Indianapolis, IN Fabulous condo in Shorewalk! Versatile open floor plan on main level. Move in ready with n...	3 beds \| 2 baths \| 1,816 sq.ft.	$334,900	Airbnb cash on cash: 2.49% Traditional cash on cash: 1.99% Airbnb Rental Income: $2399 Traditional Rental Income: $1653 Airbnb ROI: 2.49% Traditional ROI: 1.99%
4000 N Meridian St #14D Indianapolis, IN Totally remolded open kitchen. The view is outstanding! And don't miss the multi million d...	2 beds \| 2 baths \| 1,450 sq.ft.	$365,000	Airbnb cash on cash: -3.5% Traditional cash on cash: -3.56% Airbnb Rental Income: $1753 Traditional Rental Income: $1252 Airbnb ROI: -3.5% Traditional ROI: -3.56%
825 N Delaware Street #5B Indianapolis, IN PRICE IMPROVEMENT + SELLER FUNDED RATE BUYDOWN OPPORTUNITY! Seller is offering a concessio...	2 beds \| 2 baths \| 1,800 sq.ft.	$319,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 4.15% Airbnb Rental Income: $1362 Traditional Rental Income: $2668 Airbnb ROI: -1.57% Traditional ROI: 4.15%
6544 W 71st Street Indianapolis, IN This condo has it all! Open floor plan, low-maintenance living and plenty of storage. You'...	2 beds \| 4 baths \| 1,811 sq.ft.	$250,000	Airbnb cash on cash: -2.03% Traditional cash on cash: 5.36% Airbnb Rental Income: $944 Traditional Rental Income: $2343 Airbnb ROI: -2.03% Traditional ROI: 5.36%
350 N Meridian Street #709 Indianapolis, IN Historic Elegance Meets Modern Downtown Living. Step into a piece of Indianapolis history ...	1 beds \| 1 baths \| 916 sq.ft.	$209,000	Airbnb cash on cash: -2.97% Traditional cash on cash: -0.43% Airbnb Rental Income: $944 Traditional Rental Income: $1100 Airbnb ROI: -2.97% Traditional ROI: -0.43%
714 Buchanan St #13 Indianapolis, IN If you're looking for something with character to break from the ordinary, then stop scrol...	1 beds \| 1 baths \| 729 sq.ft.	$224,900	Airbnb cash on cash: -0.42% Traditional cash on cash: 1.01% Airbnb Rental Income: $914 Traditional Rental Income: $878 Airbnb ROI: -0.42% Traditional ROI: 1.01%
430 N Park Ave #507 Indianapolis, IN Loft living at it's finest! This 2BR/2Ba condo in the historic Lockerbie Glove Company fe...	2 beds \| 2 baths \| 1,215 sq.ft.	$375,000	Airbnb cash on cash: -1.44% Traditional cash on cash: -1.06% Airbnb Rental Income: $1362 Traditional Rental Income: $1077 Airbnb ROI: -1.44% Traditional ROI: -1.06%
9583 Bay Vista W Drive Indianapolis, IN Conveniently located in Bayside Woods, this fully updated, move-in ready condo offers low-...	2 beds \| 3 baths \| 1,292 sq.ft.	$224,500	Airbnb cash on cash: 0.08% Traditional cash on cash: 4.48% Airbnb Rental Income: $1306 Traditional Rental Income: $1835 Airbnb ROI: 0.08% Traditional ROI: 4.48%
801 N Pennsylvania Street #B Indianapolis, IN Lovely condo with a location you can't beat, offering convenience to all that downtown Ind...	1 beds \| 1 baths \| 589 sq.ft.	$139,900	Airbnb cash on cash: -1.49% Traditional cash on cash: 0.5% Airbnb Rental Income: $944 Traditional Rental Income: $865 Airbnb ROI: -1.49% Traditional ROI: 0.5%
5011 Opal Ridge Lane #208 Indianapolis, IN Welcome to 5011 Opal Ridge Lane #208 in Windslow Crossing. This well cared for condo featu...	2 beds \| 2 baths \| 1,124 sq.ft.	$165,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 4.79% Airbnb Rental Income: $1198 Traditional Rental Income: $1481 Airbnb ROI: 0.52% Traditional ROI: 4.79%
8043 Valley Farms Lane Indianapolis, IN Beautiful moving ready home. Nice and relaxing living room with vaulted ceiling and stone ...	1 beds \| 1 baths \| 1,179 sq.ft.	$156,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 5.37% Airbnb Rental Income: $1041 Traditional Rental Income: $1349 Airbnb ROI: 0.88% Traditional ROI: 5.37%
1128 Falcon Rdg #28/C Indianapolis, IN Fabulous 3 bedroom 2 full bath condo in excellent condition with open floor plan. Spacious...	3 beds \| 2 baths \| 1,767 sq.ft.	$340,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 3.38% Airbnb Rental Income: $2195 Traditional Rental Income: $1672 Airbnb ROI: 3.28% Traditional ROI: 3.38%
55 S Harding St #405 Indianapolis, IN Spacious & trendy 1 bedroom, 1 bath condo located on the top floor of H. Lauter Lofts. Fea...	1 beds \| 1 baths \| 910 sq.ft.	$189,900	Airbnb cash on cash: -2.06% Traditional cash on cash: -0.22% Airbnb Rental Income: $889 Traditional Rental Income: $885 Airbnb ROI: -2.06% Traditional ROI: -0.22%
9532 Behner Lane Indianapolis, IN Low-maintenance living meets privacy in this rare 2-car garage unit backing up to the wood...	2 beds \| 2 baths \| 1,292 sq.ft.	$218,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 3.29% Airbnb Rental Income: $1306 Traditional Rental Income: $1535 Airbnb ROI: 0.21% Traditional ROI: 3.29%
7548 Briarstone Dr Indianapolis, IN Look no further! As you pull up to this adorable condo you canât help but fall in love w...	2 beds \| 2 baths \| 1,558 sq.ft.	$215,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 5.25% Airbnb Rental Income: $1692 Traditional Rental Income: $1795 Airbnb ROI: 2.43% Traditional ROI: 5.25%
4391 Village Parkway Circle W #5 Indianapolis, IN Prepare for a delightful discovery at 4391 Village Parkway CIR W Unit 5, a truly attractiv...	2 beds \| 2 baths \| 993 sq.ft.	$150,000	Airbnb cash on cash: -0.84% Traditional cash on cash: 4.46% Airbnb Rental Income: $826 Traditional Rental Income: $1260 Airbnb ROI: -0.84% Traditional ROI: 4.46%
2337 Colfax Ln Indianapolis, IN A MUST SEE!! You will love this beautifully maintained condo in hard to find secure safe G...	3 beds \| 2 baths \| 1,423 sq.ft.	$234,500	Airbnb cash on cash: 0.94% Traditional cash on cash: 3.87% Airbnb Rental Income: $1396 Traditional Rental Income: $1624 Airbnb ROI: 0.94% Traditional ROI: 3.87%
6157 E 96th Place Indianapolis, IN Inviting low maintenance condo offers a seamless blend of comfort and convenience, ready f...	2 beds \| 2 baths \| 1,007 sq.ft.	$179,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 4.21% Airbnb Rental Income: $1306 Traditional Rental Income: $1230 Airbnb ROI: 2.28% Traditional ROI: 4.21%
6509 Emerald Hill Ct #101 Indianapolis, IN Here's the one you've been waiting for...the coveted ground floor condo in Windslow Crossi...	2 beds \| 2 baths \| 1,442 sq.ft.	$164,900	Airbnb cash on cash: -0.19% Traditional cash on cash: 4.14% Airbnb Rental Income: $1198 Traditional Rental Income: $1490 Airbnb ROI: -0.19% Traditional ROI: 4.14%
504 N Park Ave #3 Indianapolis, IN Completely custom move-in ready downtown condo awaits you in this 2 bed, 2 bath Park 500 c...	2 beds \| 2 baths \| 1,237 sq.ft.	$480,000	Airbnb cash on cash: -1.39% Traditional cash on cash: 0.69% Airbnb Rental Income: $1362 Traditional Rental Income: $1880 Airbnb ROI: -1.39% Traditional ROI: 0.69%
2222 Rome Drive #B Indianapolis, IN MOTIVATED SELLERS!! Welcome to the newest recently UPDATED condo! This home is located in ...	2 beds \| 2 baths \| 1,362 sq.ft.	$185,000	Airbnb cash on cash: -1.47% Traditional cash on cash: 4.39% Airbnb Rental Income: $793 Traditional Rental Income: $1503 Airbnb ROI: -1.47% Traditional ROI: 4.39%
7034 Forrester Ln Indianapolis, IN Come see the largest condo in the neighborhood and enjoy maintenance free living in this m...	3 beds \| 2 baths \| 1,928 sq.ft.	$227,000	Airbnb cash on cash: 1.16% Traditional cash on cash: 4.08% Airbnb Rental Income: $1556 Traditional Rental Income: $1736 Airbnb ROI: 1.16% Traditional ROI: 4.08%
7746 Mountain Stream Way Indianapolis, IN Investor opportunity! Tenant-occupied 4BR/3BA condominium with 1,602 sq ft on a corner lot...	4 beds \| 3 baths \| 1,602 sq.ft.	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 9.98% Airbnb Rental Income: $null Traditional Rental Income: $2009 Airbnb ROI: N/A Traditional ROI: 9.98%
3939 Gray Pond Court Indianapolis, IN Gray Farm Estates - Move-in ready all-brick 2BR/2BA paired patio ranch with 2-car garage. ...	2 beds \| 2 baths \| 1,222 sq.ft.	$218,861	Airbnb cash on cash: 2.84% Traditional cash on cash: 4.66% Airbnb Rental Income: $1692 Traditional Rental Income: $1598 Airbnb ROI: 2.84% Traditional ROI: 4.66%
825 N Delaware Street #3B Indianapolis, IN Steps from Massachusetts Avenue, the Monon Trail, the Cultural Trail, Military Park, the C...	2 beds \| 2 baths \| 998 sq.ft.	$249,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 2.27% Airbnb Rental Income: $1362 Traditional Rental Income: $1449 Airbnb ROI: 0.14% Traditional ROI: 2.27%

Your search for investment property begins and ends here

Condos for Sale in Indianapolis, IN

8078 Windham Lake Way

Indianapolis, IN

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

$229,900

Airbnb cash on cash: 1.84%

Traditional cash on cash: 5.49%

Airbnb Rental Income: $1553

Traditional Rental Income: $1916

Airbnb ROI: 1.84%

Traditional ROI: 5.49%

435 Virginia Avenue #506

Indianapolis, IN

3 beds | 2 baths | 1,814 sq.ft.

$545,000

Airbnb cash on cash: -2.06%

Traditional cash on cash: -0.36%

Airbnb Rental Income: $1580

Traditional Rental Income: $1996

Airbnb ROI: -2.06%

Traditional ROI: -0.36%

430 N Park Ave #104

Indianapolis, IN

2 beds | 2 baths | 1,462 sq.ft.

$355,000

Airbnb cash on cash: -2.26%

Traditional cash on cash: 2.22%

Airbnb Rental Income: $1362

Traditional Rental Income: $2438

Airbnb ROI: -2.26%

Traditional ROI: 2.22%

333 Massachusetts Ave Ph 1

Indianapolis, IN

3 beds | 3 baths | 4,251 sq.ft.

$2,100,000

Airbnb cash on cash: -2.05%

Traditional cash on cash: -1.54%

Airbnb Rental Income: $1412

Traditional Rental Income: $1972

Airbnb ROI: -2.05%

Traditional ROI: -1.54%

4251 Woodsage Trace

Indianapolis, IN

2 beds | 2 baths | 1,187 sq.ft.

$130,000

Airbnb cash on cash: -1.99%

Traditional cash on cash: 4.13%

Airbnb Rental Income: $963

Traditional Rental Income: $1408

Airbnb ROI: -1.99%

Traditional ROI: 4.13%

1306 Tishman Lane

Indianapolis, IN

2 beds | 2 baths | 1,216 sq.ft.

$125,900

Airbnb cash on cash: 1.02%

Traditional cash on cash: 5.31%

Airbnb Rental Income: $1249

Traditional Rental Income: $1372

Airbnb ROI: 1.02%

Traditional ROI: 5.31%

450 E Ohio St #118

Indianapolis, IN

2 beds | 2 baths | 1,711 sq.ft.

$370,000

Airbnb cash on cash: -2.58%

Traditional cash on cash: 1.6%

Airbnb Rental Income: $1362

Traditional Rental Income: $2395

Airbnb ROI: -2.58%

Traditional ROI: 1.6%

5263 Windridge Drive

Indianapolis, IN

4 beds | 3 baths | 3,600 sq.ft.

$360,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 2.79%

Airbnb Rental Income: $2447

Traditional Rental Income: $2474

Airbnb ROI: 0.94%