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 190 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
1808 E Washington St Indianapolis, IN Welcome to this Victorian colonial style residential duplex located in Indianapolis Indian...	3 beds \| N/A baths \| 1,698 sq.ft.	$225,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 2.56% Airbnb Rental Income: $672 Traditional Rental Income: $933 Airbnb ROI: -0.08% Traditional ROI: 2.56%
4432 E 10th St Indianapolis, IN Excellent duplex investment opportunity! Each unit features 1 bedroom/1 bathroom. Both are...	2 beds \| N/A baths \| 1,486 sq.ft.	$120,000	Airbnb cash on cash: 5.33% Traditional cash on cash: 6.14% Airbnb Rental Income: $1421 Traditional Rental Income: $1096 Airbnb ROI: 5.33% Traditional ROI: 6.14%
267 Hendricks Pl Indianapolis, IN Turnkey, income-producing opportunity at 267 Hendricks! This fully renovated duplex is cur...	6 beds \| N/A baths \| 2,416 sq.ft.	$305,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 3.72% Airbnb Rental Income: $1380 Traditional Rental Income: $1515 Airbnb ROI: 1.86% Traditional ROI: 3.72%
29 N Tacoma Ave Indianapolis, IN Calling all investors and house hackers! This renovated fourplex presents an excellent opp...	6 beds \| N/A baths \| 3,404 sq.ft.	$425,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 2.01% Airbnb Rental Income: $1380 Traditional Rental Income: $1368 Airbnb ROI: 0.98% Traditional ROI: 2.01%
319 N Dequincy St Indianapolis, IN INVESTOR SPECIAL! Properties are offered as a portfolio or select groupings: 5708 N Keysto...	6 beds \| N/A baths \| 2,136 sq.ft.	$280,000	Airbnb cash on cash: 1.79% Traditional cash on cash: 1.71% Airbnb Rental Income: $1380 Traditional Rental Income: $940 Airbnb ROI: 1.79% Traditional ROI: 1.71%
4919 Young Ave Indianapolis, IN Fantastic investment opportunity in a quiet, close-knit neighborhood! This updated duplex ...	4 beds \| N/A baths \| 4,228 sq.ft.	$190,000	Airbnb cash on cash: 5.29% Traditional cash on cash: 3.78% Airbnb Rental Income: $1866 Traditional Rental Income: $1081 Airbnb ROI: 5.29% Traditional ROI: 3.78%
2610 E North St Indianapolis, IN Exceptional turnkey addition to your investment portfolio! Located in the high-demand St. ...	6 beds \| N/A baths \| 5,656 sq.ft.	$265,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 3.69% Airbnb Rental Income: $1380 Traditional Rental Income: $1351 Airbnb ROI: 2.13% Traditional ROI: 3.69%
1920 E Washington St Indianapolis, IN Fantastic investment opportunity in the heart of downtown Indianapolis! This fully updated...	4 beds \| N/A baths \| 3,450 sq.ft.	$330,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 1.66% Airbnb Rental Income: $672 Traditional Rental Income: $1084 Airbnb ROI: -0.51% Traditional ROI: 1.66%
15 N Riley Ave Indianapolis, IN New Investment Opportunity! This tenant occupied property is ready for its next owner to a...	3 beds \| N/A baths \| 2,340 sq.ft.	$230,000	Airbnb cash on cash: 2.25% Traditional cash on cash: 4.01% Airbnb Rental Income: $1380 Traditional Rental Income: $1377 Airbnb ROI: 2.25% Traditional ROI: 4.01%
833 N Gladstone Ave Indianapolis, IN Investors welcome! This single story duplex in Grace Tuxedo Park is partially tenant occup...	2 beds \| N/A baths \| 1,066 sq.ft.	$125,000	Airbnb cash on cash: 5.54% Traditional cash on cash: 5.93% Airbnb Rental Income: $1380 Traditional Rental Income: $1010 Airbnb ROI: 5.54% Traditional ROI: 5.93%
1743 S Meridian St Indianapolis, IN Situated at 1743 S Meridian ST, INDIANAPOLIS, IN, USA, this FURNISHED distinguished triple...	5 beds \| N/A baths \| 2,800 sq.ft.	$399,900	Airbnb cash on cash: -0.36% Traditional cash on cash: 3.38% Airbnb Rental Income: $714 Traditional Rental Income: $1810 Airbnb ROI: -0.36% Traditional ROI: 3.38%
2047 Roosevelt Ave Indianapolis, IN 2047/2049 Roosevelt Ave is a beautifully updated duplex featuring two 1-bedroom, 1-bathroo...	N/A beds \| N/A baths \| 2,347,008 sq.ft.	$119,900	Airbnb cash on cash: 5.88% Traditional cash on cash: 8.03% Airbnb Rental Income: $1380 Traditional Rental Income: $1210 Airbnb ROI: 5.88% Traditional ROI: 8.03%
1703 E 34th St Indianapolis, IN Fully tenanted property with incredible cashflow. Second photo shows double lot size. Owne...	1 beds \| N/A baths \| 2,004 sq.ft.	$180,700	Airbnb cash on cash: 1.22% Traditional cash on cash: 4.33% Airbnb Rental Income: $1040 Traditional Rental Income: $1213 Airbnb ROI: 1.22% Traditional ROI: 4.33%
423 N Holmes Ave Indianapolis, IN Completely renovated just three years ago, this triplex offers an excellent investment opp...	5 beds \| N/A baths \| 2,230 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.41% Airbnb Rental Income: $null Traditional Rental Income: $1081 Airbnb ROI: N/A Traditional ROI: 3.41%
2141 Bellefontaine St Indianapolis, IN Charming duplex in the Mapleton-Fall Creek area offering a great cash flow investment oppo...	4 beds \| N/A baths \| 1,820 sq.ft.	$299,999	Airbnb cash on cash: -0.61% Traditional cash on cash: 3.65% Airbnb Rental Income: $702 Traditional Rental Income: $1598 Airbnb ROI: -0.61% Traditional ROI: 3.65%
2937 W 10th St Indianapolis, IN There are 3 studio units upstairs & 2 larger spaces downstairs all have private kitchen se...	N/A beds \| N/A baths \| 1,500 sq.ft.	$184,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $890 Airbnb ROI: N/A Traditional ROI: 2.89%
1609 S Randolph St Indianapolis, IN Calling all investors! Don't miss this excellent opportunity to own a fully occupied duple...	2 beds \| N/A baths \| 1,284 sq.ft.	$160,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 4.26% Airbnb Rental Income: $672 Traditional Rental Income: $991 Airbnb ROI: 0.21% Traditional ROI: 4.26%
1944 E Epler Ave Indianapolis, IN This one is a true Gem! Perfect for investors, "house hackers", or people any step of thei...	1 beds \| N/A baths \| 812 sq.ft.	$234,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $1197 Airbnb ROI: N/A Traditional ROI: 2.85%
1635 Central Ave Indianapolis, IN Multiple offers received, highest and best was due 7/6. Pending home sale contingency ...	2 beds \| N/A baths \| 3,600 sq.ft.	$525,000	Airbnb cash on cash: -1.2% Traditional cash on cash: 0.1% Airbnb Rental Income: $702 Traditional Rental Income: $1033 Airbnb ROI: -1.2% Traditional ROI: 0.1%
405 Wallace Ave Indianapolis, IN Make an appointment to see this classic two story duplex in the historic Bosart Brown neig...	4 beds \| N/A baths \| 2,200 sq.ft.	$189,900	Airbnb cash on cash: 2.84% Traditional cash on cash: 3.58% Airbnb Rental Income: $1380 Traditional Rental Income: $1096 Airbnb ROI: 2.84% Traditional ROI: 3.58%
3960 N Illinois St Indianapolis, IN An excellent turn key opportunity in Butler-Tarkington, just steps from Tarkington Park an...	12 beds \| N/A baths \| 4,800 sq.ft.	$374,999	Airbnb cash on cash: -0.51% Traditional cash on cash: 2.36% Airbnb Rental Income: $840 Traditional Rental Income: $1590 Airbnb ROI: -0.51% Traditional ROI: 2.36%
2018 Prospect St Indianapolis, IN RARE DUPLEX TRIPLEX HYBRID: Fully Renovated with 3 Income Streams! Whether you are looking...	3 beds \| N/A baths \| 3,180 sq.ft.	$475,000	Airbnb cash on cash: -2.16% Traditional cash on cash: 0% Airbnb Rental Income: $672 Traditional Rental Income: $1334 Airbnb ROI: -2.16% Traditional ROI: 0%
2407 N Capitol Ave Indianapolis, IN Step into a rare investment opportunity where style, flexibility, and income potential con...	3 beds \| N/A baths \| 3,600 sq.ft.	$674,900	Airbnb cash on cash: -1.12% Traditional cash on cash: 4.04% Airbnb Rental Income: $702 Traditional Rental Income: $3574 Airbnb ROI: -1.12% Traditional ROI: 4.04%
307 N Arlington Ave Indianapolis, IN Consistent performing, spacious duplex with all the conveniences your tenants want! Main L...	6 beds \| N/A baths \| 3,375 sq.ft.	$295,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 0.45% Airbnb Rental Income: $1065 Traditional Rental Income: $967 Airbnb ROI: -0.47% Traditional ROI: 0.45%
247-249 S Emerson Ave Indianapolis, IN Located at 247-249 S Emerson AVE, INDIANAPOLIS, IN, this duplex offers a unique opportunit...	3 beds \| N/A baths \| 2,772 sq.ft.	$365,000	Airbnb cash on cash: 0.15% Traditional cash on cash: 1.16% Airbnb Rental Income: $1065 Traditional Rental Income: $1044 Airbnb ROI: 0.15% Traditional ROI: 1.16%
2413 Guilford Ave Indianapolis, IN Don't miss this prime investment opportunity located just steps from the Monon Trail and m...	3 beds \| N/A baths \| 2,520 sq.ft.	$260,000	Airbnb cash on cash: 0.32% Traditional cash on cash: 1.92% Airbnb Rental Income: $956 Traditional Rental Income: $1031 Airbnb ROI: 0.32% Traditional ROI: 1.92%
1338 Norton Ave Indianapolis, IN Investor Alert! Cash flowing duplex available now! Each unit has 2 bedrooms and 1 full bat...	4 beds \| N/A baths \| 1,600 sq.ft.	$209,900	Airbnb cash on cash: 3.9% Traditional cash on cash: -0.05% Airbnb Rental Income: $2018 Traditional Rental Income: $707 Airbnb ROI: 3.9% Traditional ROI: -0.05%
227 N Hamilton Ave Indianapolis, IN Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick dup...	2 beds \| N/A baths \| 2,208 sq.ft.	$449,999	Airbnb cash on cash: 1% Traditional cash on cash: 1.86% Airbnb Rental Income: $1380 Traditional Rental Income: $1323 Airbnb ROI: 1% Traditional ROI: 1.86%
2143 Columbia Ave Indianapolis, IN Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick dup...	2 beds \| N/A baths \| 2,208 sq.ft.	$449,999	Airbnb cash on cash: -0.32% Traditional cash on cash: 1.88% Airbnb Rental Income: $702 Traditional Rental Income: $1322 Airbnb ROI: -0.32% Traditional ROI: 1.88%
226 N Randolph St Indianapolis, IN Exceptional investment opportunity in Downtown Indianapolis! This brand-new, all-brick dup...	2 beds \| N/A baths \| 2,208 sq.ft.	$449,999	Airbnb cash on cash: -0.44% Traditional cash on cash: 1.82% Airbnb Rental Income: $672 Traditional Rental Income: $1323 Airbnb ROI: -0.44% Traditional ROI: 1.82%
3021 Boulevard Pl Indianapolis, IN For investors, house hackers, or visionaries, this is the one you have been waiting for! C...	6 beds \| N/A baths \| 2,970 sq.ft.	$130,000	Airbnb cash on cash: 0.53% Traditional cash on cash: 2.82% Airbnb Rental Income: $840 Traditional Rental Income: $798 Airbnb ROI: 0.53% Traditional ROI: 2.82%
2321 Guilford Ave Indianapolis, IN Just steps from the Monon Trail - Indianapolis' most heavily trafficked recreational corri...	3 beds \| N/A baths \| 3,044 sq.ft.	$300,000	Airbnb cash on cash: -0.79% Traditional cash on cash: 1.19% Airbnb Rental Income: $702 Traditional Rental Income: $963 Airbnb ROI: -0.79% Traditional ROI: 1.19%
1339 N Gale St Indianapolis, IN Turnkey investment opportunity at 1339-1341 N Gale St. This fully updated duplex features ...	8 beds \| N/A baths \| 4,240 sq.ft.	$364,999	Airbnb cash on cash: 1.12% Traditional cash on cash: 0.78% Airbnb Rental Income: $1380 Traditional Rental Income: $843 Airbnb ROI: 1.12% Traditional ROI: 0.78%
2421 Guilford Ave Indianapolis, IN Unbelievable Turnkey New Construction Quadplex! Strong Cash Flow & Upside Unit Mix: 2 bed/...	8 beds \| N/A baths \| 21,120 sq.ft.	$850,000	Airbnb cash on cash: -0.72% Traditional cash on cash: 0.41% Airbnb Rental Income: $702 Traditional Rental Income: $1286 Airbnb ROI: -0.72% Traditional ROI: 0.41%
2921 E 18th St Indianapolis, IN All brick double in up and coming Brookside Park. New roof, new soffits, new gutters, new ...	4 beds \| N/A baths \| 2,184 sq.ft.	$178,900	Airbnb cash on cash: 3.21% Traditional cash on cash: 3.08% Airbnb Rental Income: $1380 Traditional Rental Income: $938 Airbnb ROI: 3.21% Traditional ROI: 3.08%
409 N Centennial St Indianapolis, IN INVESTOR SPECIAL!!! The newest cash flowing duplex just hit the market. Each side is equip...	4 beds \| N/A baths \| 3,000 sq.ft.	$110,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.1% Airbnb Rental Income: $null Traditional Rental Income: $560 Airbnb ROI: N/A Traditional ROI: 1.1%
346 N Summit St Indianapolis, IN Dual 3-bedroom, 1.5-bath duplex in a prime location. Both units are leased to reliable age...	6 beds \| N/A baths \| 2,394 sq.ft.	$350,000	Airbnb cash on cash: -0.44% Traditional cash on cash: -0.47% Airbnb Rental Income: $1380 Traditional Rental Income: $952 Airbnb ROI: -0.44% Traditional ROI: -0.47%
102 S Elder Ave Indianapolis, IN Updated duplex investment opportunity at 102 to 104 S Elder Avenue in Indianapolis. Each u...	4 beds \| N/A baths \| 2,122 sq.ft.	$278,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.07% Airbnb Rental Income: $null Traditional Rental Income: $939 Airbnb ROI: N/A Traditional ROI: 1.07%
2421 Central Ave Indianapolis, IN Rare opportunity, positioned in Indianapolis' vibrant Near Northside neighborhood. Close p...	2 beds \| N/A baths \| 1,872 sq.ft.	$299,900	Airbnb cash on cash: -1.28% Traditional cash on cash: 1.04% Airbnb Rental Income: $702 Traditional Rental Income: $1052 Airbnb ROI: -1.28% Traditional ROI: 1.04%
1611 N Arsenal Ave Indianapolis, IN This home offers a brand-new construction and a wonderful living space in a vibrant city s...	3 beds \| N/A baths \| 2,592 sq.ft.	$475,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 1.69% Airbnb Rental Income: $1380 Traditional Rental Income: $1298 Airbnb ROI: 0.93% Traditional ROI: 1.69%

Your search for investment property begins and ends here

Multi Family for Sale in Indianapolis, IN

1808 E Washington St

Indianapolis, IN

3 beds | N/A baths | 1,698 sq.ft.

$225,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 2.56%

Airbnb Rental Income: $672

Traditional Rental Income: $933

Airbnb ROI: -0.08%

Traditional ROI: 2.56%

4432 E 10th St

Indianapolis, IN

2 beds | N/A baths | 1,486 sq.ft.

$120,000

Airbnb cash on cash: 5.33%

Traditional cash on cash: 6.14%

Airbnb Rental Income: $1421

Traditional Rental Income: $1096

Airbnb ROI: 5.33%

Traditional ROI: 6.14%

267 Hendricks Pl

Indianapolis, IN

6 beds | N/A baths | 2,416 sq.ft.

$305,000

Airbnb cash on cash: 1.86%

Traditional cash on cash: 3.72%

Airbnb Rental Income: $1380

Traditional Rental Income: $1515

Airbnb ROI: 1.86%

Traditional ROI: 3.72%

29 N Tacoma Ave

Indianapolis, IN

6 beds | N/A baths | 3,404 sq.ft.

$425,000

Airbnb cash on cash: 0.98%

Traditional cash on cash: 2.01%

Airbnb Rental Income: $1380

Traditional Rental Income: $1368

Airbnb ROI: 0.98%

Traditional ROI: 2.01%

319 N Dequincy St

Indianapolis, IN

6 beds | N/A baths | 2,136 sq.ft.

$280,000

Airbnb cash on cash: 1.79%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $1380

Traditional Rental Income: $940

Airbnb ROI: 1.79%

Traditional ROI: 1.71%

4919 Young Ave

Indianapolis, IN

4 beds | N/A baths | 4,228 sq.ft.

$190,000

Airbnb cash on cash: 5.29%

Traditional cash on cash: 3.78%

Airbnb Rental Income: $1866

Traditional Rental Income: $1081

Airbnb ROI: 5.29%

Traditional ROI: 3.78%

2610 E North St

Indianapolis, IN

6 beds | N/A baths | 5,656 sq.ft.

$265,000

Airbnb cash on cash: 2.13%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $1380

Traditional Rental Income: $1351

Airbnb ROI: 2.13%

Traditional ROI: 3.69%

1920 E Washington St

Indianapolis, IN

4 beds | N/A baths | 3,450 sq.ft.

$330,000

Airbnb cash on cash: -0.51%

Traditional cash on cash: 1.66%

Airbnb Rental Income: $672

Traditional Rental Income: $1084

Airbnb ROI: -0.51%