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 102 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
944 N Hamilton Avenue Indianapolis, IN BACK ON THE MARKET CASH-FLOWING INVESTMENT READY TO ROLL! Don't sleep on this fully lea...	N/A beds \| N/A baths \| N/A	$170,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.52% Airbnb Rental Income: $991 Traditional Rental Income: $1105 Airbnb ROI: 1.63% Traditional ROI: 4.52%
2913 Boulevard Place Indianapolis, IN Reduced! Seller says sell, make us an offer. Fully leased Duplex in up and coming area w/ ...	N/A beds \| N/A baths \| N/A	$172,900	Airbnb cash on cash: 3.76% Traditional cash on cash: 3.45% Airbnb Rental Income: $1455 Traditional Rental Income: $972 Airbnb ROI: 3.76% Traditional ROI: 3.45%
418 Eastern Avenue Indianapolis, IN Fully renovated, turnkey pair of townhomes available for your portfolio for nearly immedia...	N/A beds \| N/A baths \| N/A	$329,900	Airbnb cash on cash: 0.22% Traditional cash on cash: 2.73% Airbnb Rental Income: $991 Traditional Rental Income: $1415 Airbnb ROI: 0.22% Traditional ROI: 2.73%
1133/1135 Tecumseh Street Indianapolis, IN Are you looking for a sound & stable Quadruplex property as an investment property situate...	N/A beds \| N/A baths \| N/A	$360,000	Airbnb cash on cash: -0.18% Traditional cash on cash: 0.94% Airbnb Rental Income: $991 Traditional Rental Income: $1014 Airbnb ROI: -0.18% Traditional ROI: 0.94%
50 S Colorado Avenue Indianapolis, IN Move in ready Duplex with 1 bedroom, a bonus room and 1 bathroom on each side. One unit is...	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 1.98% Traditional cash on cash: 3.71% Airbnb Rental Income: $991 Traditional Rental Income: $886 Airbnb ROI: 1.98% Traditional ROI: 3.71%
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	$190,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 2.71% Airbnb Rental Income: $1058 Traditional Rental Income: $1091 Airbnb ROI: 0.5% Traditional ROI: 2.71%
626-628 N Oxford Street Indianapolis, IN Turnkey duplex in a rapidly growing area-perfect for investors! This all-brick property fe...	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 3.53% Airbnb Rental Income: $1013 Traditional Rental Income: $944 Airbnb ROI: 1.69% Traditional ROI: 3.53%
717 N Grant Avenue Indianapolis, IN Welcome to 717-719 N Grant Ave, an exceptional duplex in the improving near east side neig...	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 1.95% Airbnb Rental Income: $1013 Traditional Rental Income: $972 Airbnb ROI: 0.73% Traditional ROI: 1.95%
513 N Colorado Avenue Indianapolis, IN Spacious duplex with 3 bedrooms and 1 bath on each side. Ideal for investors or owner-occu...	N/A beds \| N/A baths \| N/A	$145,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 3.51% Airbnb Rental Income: $991 Traditional Rental Income: $1101 Airbnb ROI: 0.17% Traditional ROI: 3.51%
2918 Ruckle Street Indianapolis, IN Investment opportunity! Both sides are currently vacant. Each unit has 3 bedrooms, 1.5 b...	N/A beds \| N/A baths \| N/A	$219,900	Airbnb cash on cash: 0.69% Traditional cash on cash: 0.33% Airbnb Rental Income: $1551 Traditional Rental Income: $1028 Airbnb ROI: 0.69% Traditional ROI: 0.33%
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	$200,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 1.78% Airbnb Rental Income: $991 Traditional Rental Income: $1034 Airbnb ROI: -0.31% Traditional ROI: 1.78%
4224 E Washington Street Indianapolis, IN Located at 4224 E Washington ST in Indianapolis, Indiana Spanning 1962 square feet of l...	N/A beds \| N/A baths \| N/A	$300,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 1.79% Airbnb Rental Income: $991 Traditional Rental Income: $992 Airbnb ROI: 0.53% Traditional ROI: 1.79%
730-732 N Euclid Avenue Indianapolis, IN This income producing property houses four tenants in separate studios. Each unit has priv...	N/A beds \| N/A baths \| 683 sq.ft.	$199,500	Airbnb cash on cash: 0.27% Traditional cash on cash: 3.71% Airbnb Rental Income: $991 Traditional Rental Income: $1288 Airbnb ROI: 0.27% Traditional ROI: 3.71%
1703 E 34th Street Indianapolis, IN This income producing property houses four tenants in separate studios. Each unit has priv...	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: 2.43% Traditional cash on cash: 4.5% Airbnb Rental Income: $1269 Traditional Rental Income: $1213 Airbnb ROI: 2.43% Traditional ROI: 4.5%
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	$154,900	Airbnb cash on cash: 3.13% Traditional cash on cash: 6.78% Airbnb Rental Income: $1243 Traditional Rental Income: $1387 Airbnb ROI: 3.13% Traditional ROI: 6.78%
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: 0.43% Traditional cash on cash: 2.35% Airbnb Rental Income: $982 Traditional Rental Income: $1315 Airbnb ROI: 0.43% Traditional ROI: 2.35%
914 N Tuxedo Street Indianapolis, IN This updated duplex meets the 1% rule with great tenants paying $1250 each side for an ann...	N/A beds \| N/A baths \| N/A	$245,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 1.14% Airbnb Rental Income: $1204 Traditional Rental Income: $1003 Airbnb ROI: 0.33% Traditional ROI: 1.14%
1213 Newman Street Indianapolis, IN FULLY RENOVATED QUAD PLEX in a prime location - this property is as turnkey as they come. ...	N/A beds \| N/A baths \| N/A	$599,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 0.07% Airbnb Rental Income: $1204 Traditional Rental Income: $1136 Airbnb ROI: -0.5% Traditional ROI: 0.07%
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: -0.22% Traditional cash on cash: 1.21% Airbnb Rental Income: $970 Traditional Rental Income: $1529 Airbnb ROI: -0.22% 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	$224,900	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.13% Airbnb Rental Income: $690 Traditional Rental Income: $1299 Airbnb ROI: -0.16% Traditional ROI: 4.13%
4652 N Kenwood Avenue Indianapolis, IN This 3,100+ SF Butler-Tarkington duplex has been beautifully renovated and updated with al...	N/A beds \| N/A baths \| N/A	$515,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 0.55% Airbnb Rental Income: $1466 Traditional Rental Income: $1757 Airbnb ROI: -0.96% Traditional ROI: 0.55%
3513 N Kenwood Avenue Indianapolis, IN Seize this rare chance to build instant equity with this spacious duplex, offering over 1,...	N/A beds \| N/A baths \| N/A	$239,900	Airbnb cash on cash: 2.64% Traditional cash on cash: 1.82% Airbnb Rental Income: $1551 Traditional Rental Income: $916 Airbnb ROI: 2.64% Traditional ROI: 1.82%
5021 E University Avenue Indianapolis, IN Investor Special! Duplex with big upside - 3 bed/1 bath on one side and 1 bed/1 bath on th...	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: 4.68% Traditional cash on cash: 1.81% Airbnb Rental Income: $1305 Traditional Rental Income: $579 Airbnb ROI: 4.68% Traditional ROI: 1.81%
21 N Tacoma Avenue Indianapolis, IN Phenomenal duplex opportunity! Both units have been completed flipped & updated in recent ...	N/A beds \| N/A baths \| N/A	$284,900	Airbnb cash on cash: 0% Traditional cash on cash: 1.06% Airbnb Rental Income: $991 Traditional Rental Income: $921 Airbnb ROI: 0% Traditional ROI: 1.06%
2018 Rembrandt Street Indianapolis, IN "Incredible Investment Opportunity! Brand New Duplex in the Heart of Indianapolis!" This n...	N/A beds \| N/A baths \| N/A	$425,000	Airbnb cash on cash: 0.56% Traditional cash on cash: 1.97% Airbnb Rental Income: $1097 Traditional Rental Income: $1286 Airbnb ROI: 0.56% Traditional ROI: 1.97%
1610 Hoefgen Street Indianapolis, IN Perfect Investment Opportunity! 2-unit duplex close to downtown, shopping, and easy inters...	N/A beds \| N/A baths \| N/A	$124,900	Airbnb cash on cash: 1.28% Traditional cash on cash: 1.09% Airbnb Rental Income: $939 Traditional Rental Income: $571 Airbnb ROI: 1.28% Traditional ROI: 1.09%
1622-1624 Prospect Street Indianapolis, IN MOTIVATED SELLER WILLING TO PROVIDE RATE BUYDOWN WITH AGREEABLE OFFER. Discover a remarka...	N/A beds \| N/A baths \| N/A	$699,900	Airbnb cash on cash: -1.44% Traditional cash on cash: -0.9% Airbnb Rental Income: $939 Traditional Rental Income: $947 Airbnb ROI: -1.44% Traditional ROI: -0.9%
929 N Beville Avenue Indianapolis, IN "Incredible Investment Opportunity! Brand New Duplex in the Heart of Indianapolis!" Thi...	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 1.65% Airbnb Rental Income: $991 Traditional Rental Income: $1297 Airbnb ROI: 0.08% Traditional ROI: 1.65%
218 N Rural Street N Indianapolis, IN INVESTOR ALERT! Don't miss this income-generating duplex at 218-220 N Rural St, just minut...	N/A beds \| N/A baths \| N/A	$169,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 3.22% Airbnb Rental Income: $991 Traditional Rental Income: $976 Airbnb ROI: 1.12% Traditional ROI: 3.22%
1141 Dawson Street Indianapolis, IN Property is currently rented but the property is in disrepair and needs many updates. Dup...	N/A beds \| N/A baths \| N/A	$139,900	Airbnb cash on cash: 2.13% Traditional cash on cash: 4.04% Airbnb Rental Income: $1180 Traditional Rental Income: $1051 Airbnb ROI: 2.13% Traditional ROI: 4.04%
505 W 40th Street Indianapolis, IN Incredibly rare, 2-story historic multi-family property in Butler-Tarkington neighborhood....	6 beds \| 3 baths \| N/A	$205,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 1.77% Airbnb Rental Income: $1450 Traditional Rental Income: $950 Airbnb ROI: 2.13% Traditional ROI: 1.77%
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: -1.24% Traditional cash on cash: -0.74% Airbnb Rental Income: $1115 Traditional Rental Income: $1340 Airbnb ROI: -1.24% Traditional ROI: -0.74%
631 Terrace Avenue Indianapolis, IN It's your lucky day! Buyer financing fell through so we're back on the market. Be part o...	N/A beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 1.79% Airbnb Rental Income: $978 Traditional Rental Income: $1013 Airbnb ROI: -0.15% Traditional ROI: 1.79%
2623 Guilford Avenue Indianapolis, IN Rare opportunity to own a fully renovated, income-generating duplex in the heart of downto...	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 0.64% Airbnb Rental Income: $1097 Traditional Rental Income: $986 Airbnb ROI: 0.03% Traditional ROI: 0.64%
315 S Rural Street Indianapolis, IN Charming Cash-Flow Duplex - Your Ticket to Landlord Stardom! Picture this: a cozy, sing...	N/A beds \| N/A baths \| N/A	$145,900	Airbnb cash on cash: 1.92% Traditional cash on cash: 4.41% Airbnb Rental Income: $1020 Traditional Rental Income: $1010 Airbnb ROI: 1.92% Traditional ROI: 4.41%
323-325 N Gladstone Avenue Indianapolis, IN This property is in an auction, being sold as-is and where-is. Visit Auction dot com for a...	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: 0.01% Traditional cash on cash: 0.58% Airbnb Rental Income: $1204 Traditional Rental Income: $961 Airbnb ROI: 0.01% Traditional ROI: 0.58%
307 N Arlington Avenue Indianapolis, IN Welcome to 307-309 N Arlington Ave! This spacious and charming Irvington duplex offers an ...	N/A beds \| N/A baths \| N/A	$315,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 0.43% Airbnb Rental Income: $1305 Traditional Rental Income: $967 Airbnb ROI: 0.2% Traditional ROI: 0.43%
2866-2868 Highland Place Indianapolis, IN This property is in an auction, being sold as-is and where-is. Visit Auction dot com for a...	N/A beds \| N/A baths \| N/A	$140,000	Airbnb cash on cash: 2.03% Traditional cash on cash: 4.12% Airbnb Rental Income: $1051 Traditional Rental Income: $968 Airbnb ROI: 2.03% Traditional ROI: 4.12%
306-308 S Temple Avenue Indianapolis, IN This property is in an auction, being sold as-is and where-is. Visit Auction dot com for a...	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 3.85% Airbnb Rental Income: $1059 Traditional Rental Income: $776 Airbnb ROI: 3.11% Traditional ROI: 3.85%
1809 W Morris Street Indianapolis, IN Zoned for Bed & Breakfast, Hotel/Hostel, Sober Living, or Business with Home & Personal Se...	N/A beds \| N/A baths \| N/A	$249,900	Airbnb cash on cash: 1.4% Traditional cash on cash: 0.8% Airbnb Rental Income: $1162 Traditional Rental Income: $637 Airbnb ROI: 1.4% Traditional ROI: 0.8%

Your search for investment property begins and ends here

Multi Family for Sale in Indianapolis, IN

944 N Hamilton Avenue

Indianapolis, IN

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

$170,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 4.52%

Airbnb Rental Income: $991

Traditional Rental Income: $1105

Airbnb ROI: 1.63%

Traditional ROI: 4.52%

2913 Boulevard Place

Indianapolis, IN

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

$172,900

Airbnb cash on cash: 3.76%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1455

Traditional Rental Income: $972

Airbnb ROI: 3.76%

Traditional ROI: 3.45%

418 Eastern Avenue

Indianapolis, IN

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

$329,900

Airbnb cash on cash: 0.22%

Traditional cash on cash: 2.73%

Airbnb Rental Income: $991

Traditional Rental Income: $1415

Airbnb ROI: 0.22%

Traditional ROI: 2.73%

1133/1135 Tecumseh Street

Indianapolis, IN

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

$360,000

Airbnb cash on cash: -0.18%

Traditional cash on cash: 0.94%

Airbnb Rental Income: $991

Traditional Rental Income: $1014

Airbnb ROI: -0.18%

Traditional ROI: 0.94%

50 S Colorado Avenue

Indianapolis, IN

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

$149,900

Airbnb cash on cash: 1.98%

Traditional cash on cash: 3.71%

Airbnb Rental Income: $991

Traditional Rental Income: $886

Airbnb ROI: 1.98%

Traditional ROI: 3.71%

60 S Mount Street

Indianapolis, IN

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

$190,000

Airbnb cash on cash: 0.5%

Traditional cash on cash: 2.71%

Airbnb Rental Income: $1058

Traditional Rental Income: $1091

Airbnb ROI: 0.5%

Traditional ROI: 2.71%

626-628 N Oxford Street

Indianapolis, IN

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

$165,000

Airbnb cash on cash: 1.69%

Traditional cash on cash: 3.53%

Airbnb Rental Income: $1013

Traditional Rental Income: $944

Airbnb ROI: 1.69%

Traditional ROI: 3.53%

717 N Grant Avenue

Indianapolis, IN

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

$275,000

Airbnb cash on cash: 0.73%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $1013

Traditional Rental Income: $972

Airbnb ROI: 0.73%