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.

Multi Family for Sale in Indianapolis, IN

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

Showing 74 Multi Family 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
1102 N Dearborn Street Indianapolis, IN Turnkey duplex in Brookside neighborhood, just 5 minutes from downtown Indianapolis. Featu...	N/A beds \| N/A baths \| N/A	$229,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.2% Airbnb Rental Income: $937 Traditional Rental Income: $996 Airbnb ROI: 0.33% Traditional ROI: 2.2%
401 S Randolph Street Indianapolis, IN Investor or House Hack Opportunity Near Fountain Square! Discover this duplex featuring t...	N/A beds \| N/A baths \| N/A	$194,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.15% Airbnb Rental Income: $1009 Traditional Rental Income: $978 Airbnb ROI: 1.38% Traditional ROI: 3.15%
60 S Mount Street Indianapolis, IN Looking for an income generating duplex minutes from downtown? This duplex has two townhom...	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 3.39% Airbnb Rental Income: $781 Traditional Rental Income: $1091 Airbnb ROI: -0.73% Traditional ROI: 3.39%
2805 Boulevard Place Indianapolis, IN Welcome to 2805 Boulevard Place - a versatile top/bottom duplex in the rapidly developing ...	N/A beds \| N/A baths \| N/A	$199,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 2.01% Airbnb Rental Income: $1322 Traditional Rental Income: $976 Airbnb ROI: 1.68% Traditional ROI: 2.01%
102 N Denny Street Indianapolis, IN Near East side duplex in Tuxedo Park, with 3 bedrooms, 1 bathroom, full basement and cover...	N/A beds \| N/A baths \| N/A	$190,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 1.93% Airbnb Rental Income: $826 Traditional Rental Income: $1034 Airbnb ROI: -1.03% Traditional ROI: 1.93%
2912-2914 Collier Street Indianapolis, IN HIGH INCOME PRODUCING INVESTMENT OPPORTUNITY!!! Residents pay monthly rent of $900 & $875....	N/A beds \| N/A baths \| N/A	$149,950	Airbnb cash on cash: 2.18% Traditional cash on cash: 4.7% Airbnb Rental Income: $973 Traditional Rental Income: $983 Airbnb ROI: 2.18% Traditional ROI: 4.7%
3852 N Pennsylvania Street Indianapolis, IN Meridian-Kessler two-way facing double for ultimate privacy of tenants. Driveways on each ...	N/A beds \| N/A baths \| N/A	$418,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 1.47% Airbnb Rental Income: $1110 Traditional Rental Income: $1361 Airbnb ROI: -0.13% Traditional ROI: 1.47%
1931 N Oxford Street Indianapolis, IN Excellent opportunity for investors and house hackers seeking a solid duplex with upside i...	N/A beds \| N/A baths \| N/A	$135,000	Airbnb cash on cash: 0.23% Traditional cash on cash: 4.04% Airbnb Rental Income: $706 Traditional Rental Income: $894 Airbnb ROI: 0.23% Traditional ROI: 4.04%
137 S Sheridan Avenue Indianapolis, IN Fantastic Cash flowing duplex! 137 side is vacant and has been updated within the last tw...	N/A beds \| N/A baths \| N/A	$140,000	Airbnb cash on cash: 2.54% Traditional cash on cash: 7.57% Airbnb Rental Income: $1080 Traditional Rental Income: $1387 Airbnb ROI: 2.54% Traditional ROI: 7.57%
3042-3044 English Avenue Indianapolis, IN Duplex on near East side of Indianapolis. Both units have 1 bedroom and 1 full bath with K...	N/A beds \| N/A baths \| N/A	$160,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 2.98% Airbnb Rental Income: $545 Traditional Rental Income: $883 Airbnb ROI: -1.06% Traditional ROI: 2.98%
40 N Lasalle Street Indianapolis, IN Welcome to 40 N Lasalle, where this charming duplex awaits you! This is the perfect opport...	N/A beds \| N/A baths \| N/A	$204,900	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.64% Airbnb Rental Income: $937 Traditional Rental Income: $912 Airbnb ROI: 0.99% Traditional ROI: 2.64%
1602 Quill Street Indianapolis, IN New construction- multi-family unit with 3 bedrooms and 2 full baths per unit. Stacked dup...	N/A beds \| N/A baths \| N/A	$380,000	Airbnb cash on cash: -0.12% Traditional cash on cash: 2.35% Airbnb Rental Income: $747 Traditional Rental Income: $1315 Airbnb ROI: -0.12% Traditional ROI: 2.35%
540 E 91st Street Indianapolis, IN Beautiful updated Duplex in Nora area. This could be your home on one side and inlaw on t...	N/A beds \| N/A baths \| N/A	$375,000	Airbnb cash on cash: 2.11% Traditional cash on cash: 0.36% Airbnb Rental Income: $2046 Traditional Rental Income: $900 Airbnb ROI: 2.11% Traditional ROI: 0.36%
2137 Bellefontaine Street Indianapolis, IN "INVESTORS! Ready to Build hard to find QUADPLEX on the MONON TRAIL in sought after Kenn...	N/A beds \| N/A baths \| N/A	$680,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.21% Airbnb Rental Income: $1365 Traditional Rental Income: $1529 Airbnb ROI: 0.29% Traditional ROI: 1.21%
3135 Kentucky Avenue Indianapolis, IN Introducing a versatile commercial property tailored to your business needs! This spacious...	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: 0.57% Traditional cash on cash: 4.76% Airbnb Rental Income: $833 Traditional Rental Income: $1299 Airbnb ROI: 0.57% Traditional ROI: 4.76%
3960 N Illinois Street Indianapolis, IN An excellent turn key opportunity in Butler-Tarkington, just steps from Tarkington Park an...	N/A beds \| N/A baths \| N/A	$399,999	Airbnb cash on cash: 0.09% Traditional cash on cash: 2.36% Airbnb Rental Income: $1110 Traditional Rental Income: $1590 Airbnb ROI: 0.09% Traditional ROI: 2.36%
1622-1624 Prospect Street Indianapolis, IN This stunning, fully remodeled duplex offers two spacious 1,975 sq. ft. units (3,940 sq. f...	N/A beds \| N/A baths \| N/A	$559,000	Airbnb cash on cash: -1.75% Traditional cash on cash: -0.87% Airbnb Rental Income: $815 Traditional Rental Income: $947 Airbnb ROI: -1.75% Traditional ROI: -0.87%
505 W 40th Street Indianapolis, IN Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood....	N/A beds \| N/A baths \| N/A	$195,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 1.91% Airbnb Rental Income: $1396 Traditional Rental Income: $950 Airbnb ROI: 2.04% Traditional ROI: 1.91%
950-952 N California Street Indianapolis, IN Properties being sold as a package and sale includes these 3 parcels: 49-11-02-149-013.000...	N/A beds \| N/A baths \| N/A	$1,300,000	Airbnb cash on cash: -1.36% Traditional cash on cash: -0.74% Airbnb Rental Income: $938 Traditional Rental Income: $1340 Airbnb ROI: -1.36% Traditional ROI: -0.74%
2407 N Capitol Avenue Indianapolis, IN Step into a rare investment opportunity where style, flexibility, and income potential con...	N/A beds \| N/A baths \| N/A	$750,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 3.44% Airbnb Rental Income: $1365 Traditional Rental Income: $3574 Airbnb ROI: -0.31% Traditional ROI: 3.44%
1728 N Delaware Street Indianapolis, IN Exceptional investment opportunity with this fully operational quadplex ideally positioned...	N/A beds \| N/A baths \| N/A	$849,990	Airbnb cash on cash: -0.55% Traditional cash on cash: 3.3% Airbnb Rental Income: $1365 Traditional Rental Income: $4000 Airbnb ROI: -0.55% Traditional ROI: 3.3%
247-249 S Emerson Avenue Indianapolis, IN Located at 247-249 S Emerson AVE, INDIANAPOLIS, IN, this duplex offers a unique opportunit...	N/A beds \| N/A baths \| N/A	$385,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.05% Airbnb Rental Income: $1080 Traditional Rental Income: $1044 Airbnb ROI: 0.13% Traditional ROI: 1.05%
221 S State Avenue Indianapolis, IN Location location location 3 minutes from downtown Indy and 5 minutes from Fountain Square...	N/A beds \| N/A baths \| N/A	$155,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 4.29% Airbnb Rental Income: $849 Traditional Rental Income: $967 Airbnb ROI: 1.26% Traditional ROI: 4.29%
1328-1330 N Chester Avenue Indianapolis, IN Investor-ready opportunity in the heart of Indianapolis-this duplex at 1328-1330 North Che...	N/A beds \| N/A baths \| N/A	$182,000	Airbnb cash on cash: 3.7% Traditional cash on cash: 0.86% Airbnb Rental Income: $1480 Traditional Rental Income: $554 Airbnb ROI: 3.7% Traditional ROI: 0.86%
1631 Montcalm Street Indianapolis, IN Look at this Turnkey New Construction townhome! Strong Cash Flow & Upside Unit Mix: 3 bed/...	N/A beds \| N/A baths \| N/A	$405,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 2.07% Airbnb Rental Income: $690 Traditional Rental Income: $1318 Airbnb ROI: -0.38% Traditional ROI: 2.07%
1706 Ingram Street Indianapolis, IN Turnkey New Construction townhome! Strong Cash Flow & Upside. The Unit Mix: 3 bed/2 bath ...	N/A beds \| N/A baths \| N/A	$435,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 1.98% Airbnb Rental Income: $1480 Traditional Rental Income: $1318 Airbnb ROI: 1.3% Traditional ROI: 1.98%
1717 Ingram Street Indianapolis, IN Modern New Construction Duplex in Martindale-Brightwood \| Investment or House Hack Opportu...	N/A beds \| N/A baths \| N/A	$405,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 2.19% Airbnb Rental Income: $1480 Traditional Rental Income: $1318 Airbnb ROI: 1.47% Traditional ROI: 2.19%
3626 Birchwood Avenue Indianapolis, IN Located at 3626 Birchwood Ave in the revitalizing Mapleton-Fall Creek neighborhood, this f...	N/A beds \| N/A baths \| N/A	$357,000	Airbnb cash on cash: -1.11% Traditional cash on cash: 0.12% Airbnb Rental Income: $905 Traditional Rental Income: $979 Airbnb ROI: -1.11% Traditional ROI: 0.12%
1137 W 21st Street Indianapolis, IN Riverside Duplex Portfolio - 3 New Construction Stacked Duplexes in One of Indy's Fastest-...	N/A beds \| N/A baths \| N/A	$405,000	Airbnb cash on cash: -0.25% Traditional cash on cash: 2.3% Airbnb Rental Income: $690 Traditional Rental Income: $1355 Airbnb ROI: -0.25% Traditional ROI: 2.3%
2413 Guilford Avenue Indianapolis, IN Don't miss this prime investment opportunity located just steps from the Monon Trail and m...	N/A beds \| N/A baths \| N/A	$280,000	Airbnb cash on cash: 0.27% Traditional cash on cash: 1.92% Airbnb Rental Income: $943 Traditional Rental Income: $1031 Airbnb ROI: 0.27% Traditional ROI: 1.92%
2051-2053 Columbia Avenue Indianapolis, IN Urban living at its finest. Brand new construction a few blocks off the Monon with all the...	N/A beds \| N/A baths \| N/A	$719,800	Airbnb cash on cash: -0.41% Traditional cash on cash: 0.73% Airbnb Rental Income: $943 Traditional Rental Income: $1362 Airbnb ROI: -0.41% Traditional ROI: 0.73%
517 Wallace Avenue Indianapolis, IN Check out this spacious two bedroom Emerson Heights duplex! One unit is occupied with a l...	N/A beds \| N/A baths \| N/A	$255,000	Airbnb cash on cash: -0.48% Traditional cash on cash: 1.33% Airbnb Rental Income: $826 Traditional Rental Income: $934 Airbnb ROI: -0.48% Traditional ROI: 1.33%
3247 W Morris Street Indianapolis, IN Back on market at no fault of the units. Buyer unable to secure financing. Calling All Inv...	N/A beds \| N/A baths \| N/A	$219,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 2.96% Airbnb Rental Income: $953 Traditional Rental Income: $1215 Airbnb ROI: 0.02% Traditional ROI: 2.96%
6148 E 13th Street Indianapolis, IN All brick duplex in Imperial Estates. Income-producing property, 6 bedrooms, 2 full baths...	N/A beds \| N/A baths \| N/A	$224,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 1.57% Airbnb Rental Income: $1500 Traditional Rental Income: $1003 Airbnb ROI: 1.84% Traditional ROI: 1.57%
1041 N Centennial Street Indianapolis, IN Attention investors! This duplex offers a great opportunity to build cash flow in Indianap...	N/A beds \| N/A baths \| N/A	$80,000	Airbnb cash on cash: 1.46% Traditional cash on cash: 7.27% Airbnb Rental Income: $781 Traditional Rental Income: $919 Airbnb ROI: 1.46% Traditional ROI: 7.27%
205 N Sheffield Avenue Indianapolis, IN Fantastic Investment Opportunity Duplex! Say hello to this beautifully updated duplex, off...	N/A beds \| N/A baths \| N/A	$284,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 0.89% Airbnb Rental Income: $781 Traditional Rental Income: $868 Airbnb ROI: -0.63% Traditional ROI: 0.89%
1312 N Dearborn Street Indianapolis, IN Investor Alert - 1312 & 1314 N Dearborn St, Indianapolis Here's the deal you've been w...	N/A beds \| N/A baths \| N/A	$295,961	Airbnb cash on cash: 0.17% Traditional cash on cash: 1.65% Airbnb Rental Income: $937 Traditional Rental Income: $1004 Airbnb ROI: 0.17% Traditional ROI: 1.65%
2421 N Capitol Avenue Indianapolis, IN Fully Renovated Duplex Near Ivy Tech - Turnkey Investment or Owner-Occupant Opportunity! ...	N/A beds \| N/A baths \| N/A	$430,000	Airbnb cash on cash: 0.72% Traditional cash on cash: 0.96% Airbnb Rental Income: $1365 Traditional Rental Income: $1046 Airbnb ROI: 0.72% Traditional ROI: 0.96%
463 N Lasalle Street Indianapolis, IN Seller has completed numerous updates within the past year to this well-maintained quadrup...	N/A beds \| N/A baths \| 4,712 sq.ft.	$350,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 0.99% Airbnb Rental Income: $937 Traditional Rental Income: $978 Airbnb ROI: -0.18% Traditional ROI: 0.99%
2853 E Riverside Drive Indianapolis, IN Endless Potential Across from Riverside Park! Turnkey investment, Convert for creative inc...	N/A beds \| N/A baths \| N/A	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 0% Airbnb Rental Income: $null Traditional Rental Income: $656 Airbnb ROI: N/A Traditional ROI: 0%

Your search for investment property begins and ends here

Multi Family for Sale in Indianapolis, IN

1102 N Dearborn Street

Indianapolis, IN

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

$229,000

Airbnb cash on cash: 0.33%

Traditional cash on cash: 2.2%

Airbnb Rental Income: $937

Traditional Rental Income: $996

Airbnb ROI: 0.33%

Traditional ROI: 2.2%

401 S Randolph Street

Indianapolis, IN

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

$194,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1009

Traditional Rental Income: $978

Airbnb ROI: 1.38%

Traditional ROI: 3.15%

60 S Mount Street

Indianapolis, IN

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

$159,900

Airbnb cash on cash: -0.73%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $781

Traditional Rental Income: $1091

Airbnb ROI: -0.73%

Traditional ROI: 3.39%

2805 Boulevard Place

Indianapolis, IN

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

$199,000

Airbnb cash on cash: 1.68%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $1322

Traditional Rental Income: $976

Airbnb ROI: 1.68%

Traditional ROI: 2.01%

102 N Denny Street

Indianapolis, IN

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

$190,000

Airbnb cash on cash: -1.03%

Traditional cash on cash: 1.93%

Airbnb Rental Income: $826

Traditional Rental Income: $1034

Airbnb ROI: -1.03%

Traditional ROI: 1.93%

2912-2914 Collier Street

Indianapolis, IN

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

$149,950

Airbnb cash on cash: 2.18%

Traditional cash on cash: 4.7%

Airbnb Rental Income: $973

Traditional Rental Income: $983

Airbnb ROI: 2.18%

Traditional ROI: 4.7%

3852 N Pennsylvania Street

Indianapolis, IN

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

$418,000

Airbnb cash on cash: -0.13%

Traditional cash on cash: 1.47%

Airbnb Rental Income: $1110

Traditional Rental Income: $1361

Airbnb ROI: -0.13%

Traditional ROI: 1.47%

1931 N Oxford Street

Indianapolis, IN

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

$135,000

Airbnb cash on cash: 0.23%

Traditional cash on cash: 4.04%

Airbnb Rental Income: $706

Traditional Rental Income: $894

Airbnb ROI: 0.23%