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 201 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
6407 Bayside S Drive Indianapolis, IN If you're looking for a condo that has it all...you just found it. The location is perfect...	3 beds \| 3 baths \| 1,551 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $2080 Airbnb ROI: N/A Traditional ROI: 3.37%
3135 E 52nd Street #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.	$140,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $1922 Airbnb ROI: N/A Traditional ROI: 5.99%
4251 Woodsage Trace Indianapolis, IN Temporarily no For Sale sign in the yard Buyer's financing fell through. We are back on ...	2 beds \| 2 baths \| 1,187 sq.ft.	$119,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.31% Airbnb Rental Income: $null Traditional Rental Income: $1408 Airbnb ROI: N/A Traditional ROI: 5.31%
6770 Spirit Lake Drive #101 Indianapolis, IN Imagine never having to fix the roof, broken garage door, or wet basement. No more paintin...	3 beds \| 2 baths \| 2,472 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.01% Airbnb Rental Income: $null Traditional Rental Income: $2845 Airbnb ROI: N/A Traditional ROI: -0.01%
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.	$346,250	Airbnb cash on cash: N/A Traditional cash on cash: 2.51% Airbnb Rental Income: $null Traditional Rental Income: $2474 Airbnb ROI: N/A Traditional ROI: 2.51%
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.	$158,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $1914 Airbnb ROI: N/A Traditional ROI: 7.41%
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.	$549,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.88% Airbnb Rental Income: $null Traditional Rental Income: $2542 Airbnb ROI: N/A Traditional ROI: 0.88%
1528 Central Avenue Indianapolis, IN Welcome to 1528 Central Ave, a property that exudes elegance and sophistication. The kitch...	3 beds \| 3 baths \| 2,871 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.03% Airbnb Rental Income: $null Traditional Rental Income: $2658 Airbnb ROI: N/A Traditional ROI: 2.03%
350 N Meridian Street #401 Indianapolis, IN Here is your opportunity to own one of the coveted fourth floor units in the historic Athl...	2 beds \| 2 baths \| 1,520 sq.ft.	$385,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.59% Airbnb Rental Income: $null Traditional Rental Income: $1603 Airbnb ROI: N/A Traditional ROI: -0.59%
1455 N New Jersey Street #3 Indianapolis, IN This condo is conveniently located in the highly desirable neighborhood of the Old Northsi...	2 beds \| 1 baths \| 1,169 sq.ft.	$219,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.87% Airbnb Rental Income: $null Traditional Rental Income: $1388 Airbnb ROI: N/A Traditional ROI: 2.87%
2512 Hideaway N Drive Indianapolis, IN Attention landlords and investors! This 2BR/1.5BA with 1 car attached garage is nicely upd...	2 beds \| 2 baths \| 1,272 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $1496 Airbnb ROI: N/A Traditional ROI: 4.29%
240 N New Jersey Street Indianapolis, IN Welcome home to this beautiful three-level condo in the heart of downtown Indianapolis, ju...	3 beds \| 4 baths \| 2,280 sq.ft.	$500,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.41% Airbnb Rental Income: $null Traditional Rental Income: $2353 Airbnb ROI: N/A Traditional ROI: 2.41%
8936 Stonegate Way #A Indianapolis, IN Low-Maintenance Living Meets Main-Level Comfort in Stonegate Estates Welcome to this beaut...	3 beds \| 3 baths \| 2,595 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.45% Airbnb Rental Income: $null Traditional Rental Income: $1879 Airbnb ROI: N/A Traditional ROI: 2.45%
350 N Meridian Street #411 Indianapolis, IN Experience the excitement of downtown Indianapolis living in the historic Athletic Club IA...	1 beds \| 2 baths \| 1,056 sq.ft.	$289,900	Airbnb cash on cash: N/A Traditional cash on cash: -0.26% Airbnb Rental Income: $null Traditional Rental Income: $1197 Airbnb ROI: N/A Traditional ROI: -0.26%
6526 Jade Stream Court #309 Indianapolis, IN Beautiful 3 bedroom 2 full baths condominium with 1 car garage and storage. Amazing cathed...	3 beds \| 2 baths \| 1,569 sq.ft.	$179,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.23% Airbnb Rental Income: $null Traditional Rental Income: $1964 Airbnb ROI: N/A Traditional ROI: 6.23%
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: N/A Traditional cash on cash: -0.17% Airbnb Rental Income: $null Traditional Rental Income: $865 Airbnb ROI: N/A Traditional ROI: -0.17%
6509 Emerald Hill Court #310 Indianapolis, IN Tucked among the treetops, this spacious end-unit condo offers something you don't often f...	2 beds \| 2 baths \| 1,565 sq.ft.	$182,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.59% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 5.59%
6515 Park Central Way #C Indianapolis, IN Enjoy maintenance-free living in this upper level 3 bedroom, 2 full bath condo perfectly s...	3 beds \| 2 baths \| 1,845 sq.ft.	$120,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.56% Airbnb Rental Income: $null Traditional Rental Income: $1955 Airbnb ROI: N/A Traditional ROI: 6.56%
7417 Country Brook Drive Indianapolis, IN Fantastic price in Washington TWP! Great location close to Greenbriar filled with lots of ...	2 beds \| 2 baths \| 1,216 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.4% Airbnb Rental Income: $null Traditional Rental Income: $1486 Airbnb ROI: N/A Traditional ROI: 5.4%
3739 Lima Court #C Indianapolis, IN Welcome to Sherman Oaks! This spacious 2-bedroom, 1.5-bath, two-story condo with a basemen...	2 beds \| 2 baths \| 1,228 sq.ft.	$109,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.79% Airbnb Rental Income: $null Traditional Rental Income: $1484 Airbnb ROI: N/A Traditional ROI: 8.79%
7034 Forrester Lane Indianapolis, IN Enjoy many updates including lighted remote control awning that auto retracks at certain w...	3 beds \| 3 baths \| 1,928 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.24% Airbnb Rental Income: $null Traditional Rental Income: $1736 Airbnb ROI: N/A Traditional ROI: 3.24%
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: 10.01% Airbnb Rental Income: $null Traditional Rental Income: $2009 Airbnb ROI: N/A Traditional ROI: 10.01%
7459 Quincy Court Indianapolis, IN Move-In Ready Condo Near Eagle Creek! This updated 2-bedroom townhouse offers comforta...	2 beds \| 2 baths \| 1,260 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.4% Airbnb Rental Income: $null Traditional Rental Income: $1661 Airbnb ROI: N/A Traditional ROI: 2.4%
1149 Canterbury Square S #1149 Indianapolis, IN Discover a unique opportunity at 1149 Canterbury SQ S Unit 1149, INDIANAPOLIS, IN, an impe...	2 beds \| 2 baths \| 1,472 sq.ft.	$149,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.46% Airbnb Rental Income: $null Traditional Rental Income: $1715 Airbnb ROI: N/A Traditional ROI: 6.46%
1 N Illinois Street #2101 Indianapolis, IN Residence 2101 at The Conrad Indianapolis offers 3 bedrooms, 3.5 baths, and over 5,200 squ...	3 beds \| 4 baths \| 5,272 sq.ft.	$3,900,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.39% Airbnb Rental Income: $null Traditional Rental Income: $3109 Airbnb ROI: N/A Traditional ROI: -2.39%
430 N Park Avenue #101 Indianapolis, IN Convenient first-floor, one-bedroom condo blending original character with contemporary fi...	1 beds \| 1 baths \| 1,037 sq.ft.	$229,000	Airbnb cash on cash: N/A Traditional cash on cash: -2.28% Airbnb Rental Income: $null Traditional Rental Income: $1124 Airbnb ROI: N/A Traditional ROI: -2.28%
735 Southfield Court Indianapolis, IN SELLER OFFERING $2,500 IN CONCESSIONS! Buyer may use toward allowable closing costs, prepa...	3 beds \| 2 baths \| 1,242 sq.ft.	$120,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.23% Airbnb Rental Income: $null Traditional Rental Income: $1509 Airbnb ROI: N/A Traditional ROI: 8.23%
6325 Behner Way Indianapolis, IN Welcome to your new home! 6325 Behner Way has it all, with its low maintenance living life...	3 beds \| 3 baths \| 1,551 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.14% Airbnb Rental Income: $null Traditional Rental Income: $1661 Airbnb ROI: N/A Traditional ROI: 1.14%
7445 Countrybrook Drive Indianapolis, IN Highly desirable END UNIT in Countrybrook North! Move-in ready as it sits, just a little b...	2 beds \| 2 baths \| 1,216 sq.ft.	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.42% Airbnb Rental Income: $null Traditional Rental Income: $1487 Airbnb ROI: N/A Traditional ROI: 5.42%
7608 Reflections Drive #5 Indianapolis, IN Welcome to 7608 Reflection Drive, less than 5 minutes from Rick's Cafe Boatyard and great ...	2 beds \| 2 baths \| 1,049 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.39% Airbnb Rental Income: $null Traditional Rental Income: $1359 Airbnb ROI: N/A Traditional ROI: 3.39%
10811 Cape Coral Lane Indianapolis, IN Low maintenance living in this updated, open floorplan with 2 bedrooms, den and 2 full bat...	2 beds \| 2 baths \| 1,536 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.13% Airbnb Rental Income: $null Traditional Rental Income: $1867 Airbnb ROI: N/A Traditional ROI: 6.13%
9433 Wimbledon Court Indianapolis, IN Fresh updates, soaring ceilings, and easy living await at this beautiful condo in Sun Lake...	2 beds \| 2 baths \| 1,217 sq.ft.	$205,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.26% Airbnb Rental Income: $null Traditional Rental Income: $1410 Airbnb ROI: N/A Traditional ROI: 3.26%
2248 Brightwell Place Indianapolis, IN Welcome to this bright and beautifully refreshed 2-bedroom, 2.5-bath condo in a gated Indi...	2 beds \| 3 baths \| 1,581 sq.ft.	$219,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.21% Airbnb Rental Income: $null Traditional Rental Income: $1981 Airbnb ROI: N/A Traditional ROI: 5.21%
8651 Jaffa Ct E Drive #25 Indianapolis, IN Discover refined living at 8651 Jaffa Ct E DR Unit 25, INDIANAPOLIS, IN. This attractive 1...	2 beds \| 2 baths \| 1,708 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.04% Airbnb Rental Income: $null Traditional Rental Income: $2102 Airbnb ROI: N/A Traditional ROI: 2.04%
11528 Eden Ridge Court Indianapolis, IN Get ready to fall head over heels for 11528 Eden Ridge CT in Sunset Cove @ Geist! This del...	2 beds \| 3 baths \| 1,620 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.1% Airbnb Rental Income: $null Traditional Rental Income: $2102 Airbnb ROI: N/A Traditional ROI: 7.1%
6032 Southbay Drive Indianapolis, IN Enjoy easy, low-maintenance living in this beautifully updated condo with relaxing water v...	2 beds \| 4 baths \| 1,472 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.06% Airbnb Rental Income: $null Traditional Rental Income: $2090 Airbnb ROI: N/A Traditional ROI: 7.06%
8007 E 20th Street Indianapolis, IN Discover the comfort & convenience of this spacious 3-bedroom condo offering an impressive...	3 beds \| 4 baths \| 2,424 sq.ft.	$164,807	Airbnb cash on cash: N/A Traditional cash on cash: 11.76% Airbnb Rental Income: $null Traditional Rental Income: $2777 Airbnb ROI: N/A Traditional ROI: 11.76%
9450 Aberdare Drive #34 Indianapolis, IN This 1,717 sq. ft., 3-bedroom, 2.5-bath condo is located in a maintenance-free community o...	3 beds \| 3 baths \| 1,687 sq.ft.	$240,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.84% Airbnb Rental Income: $null Traditional Rental Income: $2459 Airbnb ROI: N/A Traditional ROI: 5.84%
8345 Paso Del Norte Court Indianapolis, IN Discover effortless living at 8345 Paso Del Norte CT, INDIANAPOLIS, IN, USA. Built in 1973...	3 beds \| 2 baths \| 1,058 sq.ft.	$95,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $1306 Airbnb ROI: N/A Traditional ROI: 5.9%
435 Virginia Avenue #302 Indianapolis, IN Originally built as a three bedroom, Unit 302 offers 2,030 square feet, one of the largest...	2 beds \| 2 baths \| 2,030 sq.ft.	$649,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.1% Airbnb Rental Income: $null Traditional Rental Income: $2291 Airbnb ROI: N/A Traditional ROI: 0.1%

Your search for investment property begins and ends here

Condos for Sale in Indianapolis, IN

6407 Bayside S Drive

Indianapolis, IN

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

$235,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.37%

Airbnb Rental Income: $null

Traditional Rental Income: $2080

Airbnb ROI: N/A

Traditional ROI: 3.37%

3135 E 52nd Street #E

Indianapolis, IN

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

$140,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.99%

Airbnb Rental Income: $null

Traditional Rental Income: $1922

Airbnb ROI: N/A

Traditional ROI: 5.99%

4251 Woodsage Trace

Indianapolis, IN

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

$119,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1408

Airbnb ROI: N/A

Traditional ROI: 5.31%

6770 Spirit Lake Drive #101

Indianapolis, IN

3 beds | 2 baths | 2,472 sq.ft.

$575,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.01%

Airbnb Rental Income: $null

Traditional Rental Income: $2845

Airbnb ROI: N/A

Traditional ROI: -0.01%

5263 Windridge Drive

Indianapolis, IN

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

$346,250

Airbnb cash on cash: N/A

Traditional cash on cash: 2.51%

Airbnb Rental Income: $null

Traditional Rental Income: $2474

Airbnb ROI: N/A

Traditional ROI: 2.51%

6525 Emerald Hill Court #206

Indianapolis, IN

2 beds | 2 baths | 1,549 sq.ft.

$158,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.41%

Airbnb Rental Income: $null

Traditional Rental Income: $1914

Airbnb ROI: N/A

Traditional ROI: 7.41%

333 Massachusetts Avenue #305

Indianapolis, IN

2 beds | 2 baths | 2,026 sq.ft.

$549,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.88%

Airbnb Rental Income: $null

Traditional Rental Income: $2542

Airbnb ROI: N/A

Traditional ROI: 0.88%

1528 Central Avenue

Indianapolis, IN

3 beds | 3 baths | 2,871 sq.ft.

$450,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.03%

Airbnb Rental Income: $null

Traditional Rental Income: $2658

Airbnb ROI: N/A