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 97 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
2043 N Talbott Street Indianapolis, IN Charming 4-Plex in the historic Herron-Morton neighborhood of downtown. Includes three 1-b...	N/A beds \| N/A baths \| N/A	$375,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 0.92% Airbnb Rental Income: $1147 Traditional Rental Income: $969 Airbnb ROI: 0.35% Traditional ROI: 0.92%
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%
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	$319,900	Airbnb cash on cash: -0.2% Traditional cash on cash: 2.84% Airbnb Rental Income: $826 Traditional Rental Income: $1415 Airbnb ROI: -0.2% Traditional ROI: 2.84%
60 S Mount Street Indianapolis, IN Looking for an income generating duplex minutes from downtown? This duplex has two townhom...	4 beds \| 2 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%
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: 0.7% Traditional cash on cash: 3.53% Airbnb Rental Income: $826 Traditional Rental Income: $944 Airbnb ROI: 0.7% 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...	3 beds \| 2 baths \| N/A	$275,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 1.95% Airbnb Rental Income: $826 Traditional Rental Income: $972 Airbnb ROI: 0.13% Traditional ROI: 1.95%
3110 Guilford Avenue Indianapolis, IN Exceptional Duplex Opportunity in Mapleton-Fall Creek! Discover this fully renovated du...	N/A beds \| N/A baths \| N/A	$345,000	Airbnb cash on cash: 3.12% Traditional cash on cash: 1.23% Airbnb Rental Income: $2131 Traditional Rental Income: $976 Airbnb ROI: 3.12% Traditional ROI: 1.23%
1150 Eugene Street Indianapolis, IN Welcome to 1150 Eugene Street, a rare opportunity to own a classic duplex in the heart of ...	4 beds \| 2 baths \| N/A	$140,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 4.49% Airbnb Rental Income: $1147 Traditional Rental Income: $971 Airbnb ROI: 2.97% Traditional ROI: 4.49%
324 N Linwood Avenue Indianapolis, IN Investment opportunity incoming! This duplex has great potential for a buyer to start thei...	N/A beds \| N/A baths \| N/A	$200,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 1.97% Airbnb Rental Income: $937 Traditional Rental Income: $959 Airbnb ROI: 0.03% Traditional ROI: 1.97%
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: -0.09% Traditional cash on cash: 2.01% Airbnb Rental Income: $921 Traditional Rental Income: $976 Airbnb ROI: -0.09% Traditional ROI: 2.01%
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: -0.16% Traditional cash on cash: 3.51% Airbnb Rental Income: $937 Traditional Rental Income: $1101 Airbnb ROI: -0.16% Traditional ROI: 3.51%
102 N Denny Street Indianapolis, IN Near East side duplex in Tuxedo Park, with 3 bedrooms, 1 bathroom, full basement and cover...	6 beds \| 2 baths \| N/A	$195,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 1.85% Airbnb Rental Income: $937 Traditional Rental Income: $1034 Airbnb ROI: -0.53% Traditional ROI: 1.85%
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: 0.03% Traditional cash on cash: 3.71% Airbnb Rental Income: $937 Traditional Rental Income: $1288 Airbnb ROI: 0.03% Traditional ROI: 3.71%
1105 N Parker Avenue Indianapolis, IN Great investment opportunity! This well-maintained duplex features two spacious 2-bedroom,...	N/A beds \| N/A baths \| N/A	$169,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 3.23% Airbnb Rental Income: $1143 Traditional Rental Income: $971 Airbnb ROI: 1.95% Traditional ROI: 3.23%
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: 1.8% Traditional cash on cash: 4.5% Airbnb Rental Income: $1143 Traditional Rental Income: $1213 Airbnb ROI: 1.8% Traditional ROI: 4.5%
2530 N Temple Avenue Indianapolis, IN Turn-key duplex investment near downtown Indianapolis! 2530 N Temple Ave Both 1BR/1BA unit...	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.66% Airbnb Rental Income: $null Traditional Rental Income: $980 Airbnb ROI: N/A Traditional ROI: 4.66%
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	$147,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.18% Airbnb Rental Income: $null Traditional Rental Income: $1387 Airbnb ROI: N/A Traditional ROI: 7.18%
602 S Biltmore Avenue Indianapolis, IN Turnkey All-Brick Duplex in Indianapolis - Ideal Investment Opportunity! This fantastic...	N/A beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 4.55% Airbnb Rental Income: $1235 Traditional Rental Income: $1432 Airbnb ROI: 1.64% Traditional ROI: 4.55%
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: 0.49% Traditional cash on cash: 2.35% Airbnb Rental Income: $1009 Traditional Rental Income: $1315 Airbnb ROI: 0.49% 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: 1.32% Traditional cash on cash: 1.14% Airbnb Rental Income: $1480 Traditional Rental Income: $1003 Airbnb ROI: 1.32% Traditional ROI: 1.14%
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	$224,900	Airbnb cash on cash: 0.4% Traditional cash on cash: 4.13% Airbnb Rental Income: $833 Traditional Rental Income: $1299 Airbnb ROI: 0.4% Traditional ROI: 4.13%
4652 N Kenwood Avenue Indianapolis, IN This 3,100+ SF duplex is perfect for an investor looking for a rental in an established ar...	N/A beds \| N/A baths \| N/A	$515,000	Airbnb cash on cash: -1.43% Traditional cash on cash: 0.55% Airbnb Rental Income: $1194 Traditional Rental Income: $1757 Airbnb ROI: -1.43% 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	$219,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 2.07% Airbnb Rental Income: $1322 Traditional Rental Income: $916 Airbnb ROI: 2.05% Traditional ROI: 2.07%
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: N/A Traditional cash on cash: 1.81% Airbnb Rental Income: $null Traditional Rental Income: $579 Airbnb ROI: N/A Traditional ROI: 1.81%
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: -0.29% Traditional cash on cash: 1.97% Airbnb Rental Income: $690 Traditional Rental Income: $1286 Airbnb ROI: -0.29% 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: 0.42% Traditional cash on cash: 1.09% Airbnb Rental Income: $815 Traditional Rental Income: $571 Airbnb ROI: 0.42% Traditional ROI: 1.09%
1036 N Parker Avenue Indianapolis, IN Turnkey, cash-flowing, and beautifully transformed-this luxury duplex sits on a large lot ...	N/A beds \| N/A baths \| N/A	$449,900	Airbnb cash on cash: -0.87% Traditional cash on cash: 0.7% Airbnb Rental Income: $826 Traditional Rental Income: $1163 Airbnb ROI: -0.87% Traditional ROI: 0.7%
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	$689,900	Airbnb cash on cash: -1.6% Traditional cash on cash: -0.89% Airbnb Rental Income: $815 Traditional Rental Income: $947 Airbnb ROI: -1.6% Traditional ROI: -0.89%
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: 0.07% Traditional cash on cash: 4.04% Airbnb Rental Income: $849 Traditional Rental Income: $1051 Airbnb ROI: 0.07% Traditional ROI: 4.04%
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: -1.21% Traditional cash on cash: -0.74% Airbnb Rental Income: $1148 Traditional Rental Income: $1340 Airbnb ROI: -1.21% 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	$197,500	Airbnb cash on cash: -0.53% Traditional cash on cash: 1.97% Airbnb Rental Income: $880 Traditional Rental Income: $1013 Airbnb ROI: -0.53% Traditional ROI: 1.97%
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: 0.56% Traditional cash on cash: 0.64% Airbnb Rental Income: $1365 Traditional Rental Income: $986 Airbnb ROI: 0.56% Traditional ROI: 0.64%
323-325 N Gladstone Avenue Indianapolis, IN This property is being sold as-is and where-is. Renovated duplex in the heart of Indianapo...	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 0.8% Airbnb Rental Income: $1480 Traditional Rental Income: $961 Airbnb ROI: 1.17% Traditional ROI: 0.8%
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	$395,000	Airbnb cash on cash: N/A Traditional cash on cash: 1% Airbnb Rental Income: $null Traditional Rental Income: $1044 Airbnb ROI: N/A Traditional ROI: 1%
2866-2868 Highland Place Indianapolis, IN This property is being sold as-is and where-is. Investment opportunity in the Crown Hill a...	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: 2.79% Traditional cash on cash: 4.71% Airbnb Rental Income: $1110 Traditional Rental Income: $968 Airbnb ROI: 2.79% Traditional ROI: 4.71%
306-308 S Temple Avenue Indianapolis, IN This property is being sold as-is and where-is. Investment opportunity in the Christian Pa...	N/A beds \| N/A baths \| N/A	$89,900	Airbnb cash on cash: 2.02% Traditional cash on cash: 5.13% Airbnb Rental Income: $830 Traditional Rental Income: $776 Airbnb ROI: 2.02% Traditional ROI: 5.13%
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: 1.07% Traditional cash on cash: 4.29% Airbnb Rental Income: $815 Traditional Rental Income: $967 Airbnb ROI: 1.07% Traditional ROI: 4.29%
3701 E Vermont Street Indianapolis, IN Don't miss this opportunity to own a quadplex in Indianapolis. This distressed property is...	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 5.1% Airbnb Rental Income: $937 Traditional Rental Income: $1317 Airbnb ROI: 0.75% Traditional ROI: 5.1%

Your search for investment property begins and ends here

Multi Family for Sale in Indianapolis, IN

2043 N Talbott Street

Indianapolis, IN

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

$375,000

Airbnb cash on cash: 0.35%

Traditional cash on cash: 0.92%

Airbnb Rental Income: $1147

Traditional Rental Income: $969

Airbnb ROI: 0.35%

Traditional ROI: 0.92%

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%

418 Eastern Avenue

Indianapolis, IN

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

$319,900

Airbnb cash on cash: -0.2%

Traditional cash on cash: 2.84%

Airbnb Rental Income: $826

Traditional Rental Income: $1415

Airbnb ROI: -0.2%

Traditional ROI: 2.84%

60 S Mount Street

Indianapolis, IN

4 beds | 2 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%

626-628 N Oxford Street

Indianapolis, IN

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

$165,000

Airbnb cash on cash: 0.7%

Traditional cash on cash: 3.53%

Airbnb Rental Income: $826

Traditional Rental Income: $944

Airbnb ROI: 0.7%

Traditional ROI: 3.53%

717 N Grant Avenue

Indianapolis, IN

3 beds | 2 baths | N/A

$275,000

Airbnb cash on cash: 0.13%

Traditional cash on cash: 1.95%

Airbnb Rental Income: $826

Traditional Rental Income: $972

Airbnb ROI: 0.13%

Traditional ROI: 1.95%

3110 Guilford Avenue

Indianapolis, IN

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

$345,000

Airbnb cash on cash: 3.12%

Traditional cash on cash: 1.23%

Airbnb Rental Income: $2131

Traditional Rental Income: $976

Airbnb ROI: 3.12%

Traditional ROI: 1.23%

1150 Eugene Street

Indianapolis, IN

4 beds | 2 baths | N/A

$140,000

Airbnb cash on cash: 2.97%

Traditional cash on cash: 4.49%

Airbnb Rental Income: $1147

Traditional Rental Income: $971

Airbnb ROI: 2.97%