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 371 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1066 Reserve Way Indianapolis, IN Live where Broad Ripple comes alive in this spacious 2-bedroom, 2-bath condo with vaulted ...	2 beds \| 2 baths \| 2,003 sq.ft.	$309,900	Airbnb cash on cash: -0.18% Traditional cash on cash: 4.56% Airbnb Rental Income: $1317 Traditional Rental Income: $2289 Airbnb ROI: -0.18% Traditional ROI: 4.56%
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: -3.06% Traditional cash on cash: 2.22% Airbnb Rental Income: $1039 Traditional Rental Income: $2438 Airbnb ROI: -3.06% 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.	$2,200,000	Airbnb cash on cash: -2.08% Traditional cash on cash: -1.55% Airbnb Rental Income: $1310 Traditional Rental Income: $1972 Airbnb ROI: -2.08% Traditional ROI: -1.55%
4251 Woodsage Trce Indianapolis, IN Tucked away in a serene, wooded setting, this end-unit condo offers an exceptional blend o...	2 beds \| 2 baths \| 1,188 sq.ft.	$137,500	Airbnb cash on cash: -3.99% Traditional cash on cash: 3.79% Airbnb Rental Income: $620 Traditional Rental Income: $1408 Airbnb ROI: -3.99% Traditional ROI: 3.79%
1306 Tishman Ln Indianapolis, IN Charming 2-bedroom, 1.5-bath condo offering comfortable, low-maintenance living. This well...	2 beds \| 1 baths \| 1,216 sq.ft.	$129,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.99% Airbnb Rental Income: $1107 Traditional Rental Income: $1372 Airbnb ROI: -0.01% Traditional ROI: 4.99%
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.	$385,000	Airbnb cash on cash: -3.23% Traditional cash on cash: 1.46% Airbnb Rental Income: $1039 Traditional Rental Income: $2395 Airbnb ROI: -3.23% Traditional ROI: 1.46%
7335 Chapel Villas Ln #B Indianapolis, IN Call this your new home today and move into this spectacular custom condo. Relax in your c...	2 beds \| 2 baths \| 1,241 sq.ft.	$210,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 2.66% Airbnb Rental Income: $997 Traditional Rental Income: $1364 Airbnb ROI: -0.82% Traditional ROI: 2.66%
1619 Marborough Lane Indianapolis, IN Welcome home to this charming and well-maintained condominium in desirable Washington Town...	2 beds \| 2 baths \| 1,152 sq.ft.	$149,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 6.21% Airbnb Rental Income: $1377 Traditional Rental Income: $1492 Airbnb ROI: 2.47% Traditional ROI: 6.21%
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.	$395,000	Airbnb cash on cash: 0.24% Traditional cash on cash: 3.22% Airbnb Rental Income: $1869 Traditional Rental Income: $2474 Airbnb ROI: 0.24% Traditional ROI: 3.22%
6525 Emerald Hill Ct #206 Indianapolis, IN Maintenance free living at it's best. Nestled at 6525 Emerald Hill Ct Unit 206 in the hea...	2 beds \| 2 baths \| 1,549 sq.ft.	$174,900	Airbnb cash on cash: -1.23% Traditional cash on cash: 6.82% Airbnb Rental Income: $914 Traditional Rental Income: $1914 Airbnb ROI: -1.23% Traditional ROI: 6.82%
8079 Lower Bay Ln Indianapolis, IN Welcome to lake life on Geist with a deeded boat dock! This beautifully updated three-stor...	2 beds \| 3 baths \| 2,900 sq.ft.	$514,900	Airbnb cash on cash: -1.54% Traditional cash on cash: 4.62% Airbnb Rental Income: $1045 Traditional Rental Income: $3647 Airbnb ROI: -1.54% Traditional ROI: 4.62%
6519 Jade Stream Ct #310 Indianapolis, IN Welcome home to low maintenance living in highly sought after Windslow Crossing Neighborho...	2 beds \| 2 baths \| 1,124 sq.ft.	$155,000	Airbnb cash on cash: -0.32% Traditional cash on cash: 4.76% Airbnb Rental Income: $914 Traditional Rental Income: $1326 Airbnb ROI: -0.32% Traditional ROI: 4.76%
333 Massachusetts Ave #305 Indianapolis, IN Unmatched downtown living at the desirable Three Mass Avenue Condos. This light-filled 3rd...	2 beds \| 2 baths \| 2,148 sq.ft.	$649,000	Airbnb cash on cash: -2.04% Traditional cash on cash: 1.04% Airbnb Rental Income: $1039 Traditional Rental Income: $2542 Airbnb ROI: -2.04% Traditional ROI: 1.04%
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.	$490,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 3.75% Airbnb Rental Income: $838 Traditional Rental Income: $2658 Airbnb ROI: -0.94% Traditional ROI: 3.75%
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.	$279,900	Airbnb cash on cash: -1.95% Traditional cash on cash: 0.5% Airbnb Rental Income: $1299 Traditional Rental Income: $1539 Airbnb ROI: -1.95% Traditional ROI: 0.5%
1455 N New Jersey St #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.	$232,000	Airbnb cash on cash: -2.15% Traditional cash on cash: 2.4% Airbnb Rental Income: $693 Traditional Rental Income: $1388 Airbnb ROI: -2.15% Traditional ROI: 2.4%
7171 Long Boat Dr Indianapolis, IN 2 bedroom, 2.5 baths, 2 car garage on the pond - these go fast and this one is priced to s...	2 beds \| 2 baths \| 1,612 sq.ft.	$225,000	Airbnb cash on cash: 0.14% Traditional cash on cash: 4.61% Airbnb Rental Income: $1259 Traditional Rental Income: $1811 Airbnb ROI: 0.14% Traditional ROI: 4.61%
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.	$339,900	Airbnb cash on cash: 1.31% Traditional cash on cash: 1.95% Airbnb Rental Income: $1964 Traditional Rental Income: $1653 Airbnb ROI: 1.31% Traditional ROI: 1.95%
3313 Bay Road North Drive Indianapolis, IN Spectacular! Gorgeous view of Nantucket Bay from nearly every window! This three bedroom, ...	3 beds \| 3 baths \| 2,958 sq.ft.	$1,049,900	Airbnb cash on cash: -1.32% Traditional cash on cash: 0.94% Airbnb Rental Income: $1380 Traditional Rental Income: $3173 Airbnb ROI: -1.32% Traditional ROI: 0.94%
226 N Cleveland Street #B Indianapolis, IN Located steps from Mass Ave, this 1-bed, 1.5-bath, 892-square-foot condo offers the pinnac...	1 beds \| 2 baths \| 892 sq.ft.	$255,000	Airbnb cash on cash: -2.49% Traditional cash on cash: 2.25% Airbnb Rental Income: $708 Traditional Rental Income: $1542 Airbnb ROI: -2.49% Traditional ROI: 2.25%
2627 Fox Valley Pl Indianapolis, IN Great location! Private patio, shaded by a tall elegant evergreen tree next to the lake & ...	2 beds \| 2 baths \| 1,334 sq.ft.	$184,500	Airbnb cash on cash: 3.89% Traditional cash on cash: 3.65% Airbnb Rental Income: $1850 Traditional Rental Income: $1310 Airbnb ROI: 3.89% Traditional ROI: 3.65%
8224 Glenwillow Ln #102 Indianapolis, IN Condo located on the first floor, on the back side of bldg., extremely quiet with back por...	2 beds \| 2 baths \| 1,074 sq.ft.	$184,900	Airbnb cash on cash: -1.7% Traditional cash on cash: 2.74% Airbnb Rental Income: $567 Traditional Rental Income: $1064 Airbnb ROI: -1.7% Traditional ROI: 2.74%
825 N Delaware St #5B Indianapolis, IN Located in the heart of downtown Indianapolis at The Shelton, this 2-bedroom, 2-bath penth...	2 beds \| 2 baths \| 1,800 sq.ft.	$349,900	Airbnb cash on cash: -2.34% Traditional cash on cash: 3.72% Airbnb Rental Income: $1039 Traditional Rental Income: $2668 Airbnb ROI: -2.34% Traditional ROI: 3.72%
6544 W 71st St Indianapolis, IN This condo has it all! Open floor plan, low-maintenance living and plenty of storage. You'...	2 beds \| 2 baths \| 1,811 sq.ft.	$250,000	Airbnb cash on cash: -3.36% Traditional cash on cash: 5.36% Airbnb Rental Income: $567 Traditional Rental Income: $2343 Airbnb ROI: -3.36% Traditional ROI: 5.36%
350 N Meridian St #709 Indianapolis, IN Historic Elegance Meets Modern Downtown Living. Step into a piece of Indianapolis history ...	1 beds \| 1 baths \| 916 sq.ft.	$218,500	Airbnb cash on cash: -3.83% Traditional cash on cash: -0.46% Airbnb Rental Income: $708 Traditional Rental Income: $1100 Airbnb ROI: -3.83% Traditional ROI: -0.46%
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.	$234,900	Airbnb cash on cash: -1.5% Traditional cash on cash: 0.93% Airbnb Rental Income: $632 Traditional Rental Income: $878 Airbnb ROI: -1.5% Traditional ROI: 0.93%
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: -2.2% Traditional cash on cash: -1.06% Airbnb Rental Income: $1039 Traditional Rental Income: $1077 Airbnb ROI: -2.2% Traditional ROI: -1.06%
8110 Brookmont Ct #101 Indianapolis, IN Move right in to this two bedroom, 2 bath condo with split floor plan. Nice laminate hardw...	2 beds \| 2 baths \| 1,072 sq.ft.	$170,999	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.37% Airbnb Rental Income: $567 Traditional Rental Income: $1111 Airbnb ROI: -1.59% Traditional ROI: 3.37%
9583 Bay Vista West 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: -0.1% Traditional cash on cash: 4.48% Airbnb Rental Income: $1259 Traditional Rental Income: $1835 Airbnb ROI: -0.1% Traditional ROI: 4.48%
8690 Jaffa Court West Drive #35 Indianapolis, IN You will love this beautiful top floor condo in the gated community of Lions Gate. Comes w...	2 beds \| 2 baths \| 1,708 sq.ft.	$245,000	Airbnb cash on cash: -1.79% Traditional cash on cash: 2.76% Airbnb Rental Income: $1299 Traditional Rental Income: $1947 Airbnb ROI: -1.79% Traditional ROI: 2.76%
801 N Pennsylvania St #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.	$144,900	Airbnb cash on cash: -2.89% Traditional cash on cash: 0.45% Airbnb Rental Income: $708 Traditional Rental Income: $865 Airbnb ROI: -2.89% Traditional ROI: 0.45%
8043 Valley Farms Ln Indianapolis, IN Beautiful moving ready home. Nice and relaxing living room with vaulted ceiling and stone ...	1 beds \| 1 baths \| 1,179 sq.ft.	$160,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 5.22% Airbnb Rental Income: $941 Traditional Rental Income: $1349 Airbnb ROI: 0.28% Traditional ROI: 5.22%
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: -2.67% Traditional cash on cash: -0.25% Airbnb Rental Income: $739 Traditional Rental Income: $885 Airbnb ROI: -2.67% Traditional ROI: -0.25%
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: 0.95% Traditional cash on cash: 5.25% Airbnb Rental Income: $1331 Traditional Rental Income: $1795 Airbnb ROI: 0.95% Traditional ROI: 5.25%
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.	$235,000	Airbnb cash on cash: 0.37% Traditional cash on cash: 3.86% Airbnb Rental Income: $1245 Traditional Rental Income: $1624 Airbnb ROI: 0.37% Traditional ROI: 3.86%
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.	$169,900	Airbnb cash on cash: -1.67% Traditional cash on cash: 3.99% Airbnb Rental Income: $914 Traditional Rental Income: $1490 Airbnb ROI: -1.67% Traditional ROI: 3.99%
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: -1.99% Traditional cash on cash: 0.69% Airbnb Rental Income: $1039 Traditional Rental Income: $1880 Airbnb ROI: -1.99% Traditional ROI: 0.69%
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.	$234,900	Airbnb cash on cash: -0.39% Traditional cash on cash: 3.91% Airbnb Rental Income: $1162 Traditional Rental Income: $1736 Airbnb ROI: -0.39% Traditional ROI: 3.91%
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 Ct 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.	$218,961	Airbnb cash on cash: 1.39% Traditional cash on cash: 4.65% Airbnb Rental Income: $1331 Traditional Rental Income: $1598 Airbnb ROI: 1.39% Traditional ROI: 4.65%

Your search for investment property begins and ends here

Condos for Sale in Indianapolis, IN

1066 Reserve Way

Indianapolis, IN

2 beds | 2 baths | 2,003 sq.ft.

$309,900

Airbnb cash on cash: -0.18%

Traditional cash on cash: 4.56%

Airbnb Rental Income: $1317

Traditional Rental Income: $2289

Airbnb ROI: -0.18%

Traditional ROI: 4.56%

430 N Park Ave #104

Indianapolis, IN

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

$355,000

Airbnb cash on cash: -3.06%

Traditional cash on cash: 2.22%

Airbnb Rental Income: $1039

Traditional Rental Income: $2438

Airbnb ROI: -3.06%

Traditional ROI: 2.22%

333 Massachusetts Ave Ph 1

Indianapolis, IN

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

$2,200,000

Airbnb cash on cash: -2.08%

Traditional cash on cash: -1.55%

Airbnb Rental Income: $1310

Traditional Rental Income: $1972

Airbnb ROI: -2.08%

Traditional ROI: -1.55%

4251 Woodsage Trce

Indianapolis, IN

2 beds | 2 baths | 1,188 sq.ft.

$137,500

Airbnb cash on cash: -3.99%

Traditional cash on cash: 3.79%

Airbnb Rental Income: $620

Traditional Rental Income: $1408

Airbnb ROI: -3.99%

Traditional ROI: 3.79%

1306 Tishman Ln

Indianapolis, IN

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

$129,900

Airbnb cash on cash: -0.01%

Traditional cash on cash: 4.99%

Airbnb Rental Income: $1107

Traditional Rental Income: $1372

Airbnb ROI: -0.01%

Traditional ROI: 4.99%

450 E Ohio St #118

Indianapolis, IN

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

$385,000

Airbnb cash on cash: -3.23%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $1039

Traditional Rental Income: $2395

Airbnb ROI: -3.23%

Traditional ROI: 1.46%

7335 Chapel Villas Ln #B

Indianapolis, IN

2 beds | 2 baths | 1,241 sq.ft.

$210,000

Airbnb cash on cash: -0.82%

Traditional cash on cash: 2.66%

Airbnb Rental Income: $997

Traditional Rental Income: $1364

Airbnb ROI: -0.82%

Traditional ROI: 2.66%

1619 Marborough Lane

Indianapolis, IN

2 beds | 2 baths | 1,152 sq.ft.

$149,000

Airbnb cash on cash: 2.47%

Traditional cash on cash: 6.21%

Airbnb Rental Income: $1377

Traditional Rental Income: $1492

Airbnb ROI: 2.47%