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.

Townhouses for Sale in Indianapolis, IN

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

Showing 31 Townhouse 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
8655 N Meridian Street Indianapolis, IN Enjoy low-maintenance living in this spacious three-level townhome! Featuring two bedrooms...	2 beds \| 4 baths \| 2,020 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $2259 Airbnb ROI: N/A Traditional ROI: 4.67%
412 E 11th Street Indianapolis, IN Downtown living without the usual compromises, and at $299,900 (w/ no HOA fees), this one ...	2 beds \| 3 baths \| 1,452 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.29% Airbnb Rental Income: $null Traditional Rental Income: $1834 Airbnb ROI: N/A Traditional ROI: 4.29%
8526 E 56th Street Indianapolis, IN Welcome home to timeless charm in this stunning 3-bedroom, 2-bathroom townhome, perfectly ...	3 beds \| 2 baths \| 1,472 sq.ft.	$262,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.01% Airbnb Rental Income: $null Traditional Rental Income: $1575 Airbnb ROI: N/A Traditional ROI: 2.01%
1818 N Pennsylvania Street Indianapolis, IN SELLER OFFERING A SIGNIFICANT BUYER INCENTIVE! Welcome to 1818 N Pennsylvania Street, ...	3 beds \| 4 baths \| 4,173 sq.ft.	$750,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.13% Airbnb Rental Income: $null Traditional Rental Income: $2942 Airbnb ROI: N/A Traditional ROI: -0.13%
9545 Longwell Drive Indianapolis, IN Here is your prime opportunity for low-maintenance living, set in an excellent location ju...	2 beds \| 3 baths \| 1,532 sq.ft.	$237,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.72% Airbnb Rental Income: $null Traditional Rental Income: $1858 Airbnb ROI: N/A Traditional ROI: 4.72%
2909 Kirkbride Way Indianapolis, IN Welcome to 2909 Kirkbride Way - a prime Indianapolis location offering convenience, connec...	3 beds \| 4 baths \| 1,750 sq.ft.	$278,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.9% Airbnb Rental Income: $null Traditional Rental Income: $2424 Airbnb ROI: N/A Traditional ROI: 5.9%
8629 N Meridian Street Indianapolis, IN Rate buy-down opportunity and home warranty included. Thoughtfully designed for comfortabl...	3 beds \| 4 baths \| 2,400 sq.ft.	$329,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.66% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 3.66%
1401 Woodlawn Avenue Indianapolis, IN Fully Transformed & Renovated in Fountain Square! This stunning 4-bedroom, 2.5-bath townho...	4 beds \| 3 baths \| 1,503 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.46% Airbnb Rental Income: $null Traditional Rental Income: $807 Airbnb ROI: N/A Traditional ROI: 0.46%
723 N Cleveland Street Indianapolis, IN Located just one block from Mass Ave, this Chatham Arch townhome located in the historic K...	3 beds \| 5 baths \| 4,155 sq.ft.	$1,000,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.7% Airbnb Rental Income: $null Traditional Rental Income: $3815 Airbnb ROI: N/A Traditional ROI: -1.7%
5736 Birtz Road Indianapolis, IN Welcome to 5736 Birtz Road, a beautiful three-story townhome in the heart of historic Fort...	3 beds \| 4 baths \| 2,218 sq.ft.	$320,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $2910 Airbnb ROI: N/A Traditional ROI: 6.72%
5752 Birtz Road Indianapolis, IN Welcome to 5752 Birtz Road, a beautiful three-story townhome in the heart of historic Fort...	3 beds \| 3 baths \| 2,218 sq.ft.	$320,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.88% Airbnb Rental Income: $null Traditional Rental Income: $2062 Airbnb ROI: N/A Traditional ROI: 3.88%
5748 Birtz Road Indianapolis, IN Welcome to 5748 Birtz Road, a move-in-ready townhouse offering modern finishes, a function...	3 beds \| 3 baths \| 2,218 sq.ft.	$325,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $2062 Airbnb ROI: N/A Traditional ROI: 3.81%
5744 Birtz Road Indianapolis, IN Welcome to 5744 Birtz Road, a beautiful three-story townhome in the heart of historic Fort...	3 beds \| 3 baths \| 2,130 sq.ft.	$325,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $2049 Airbnb ROI: N/A Traditional ROI: 3.75%
5756 Birtz Road Indianapolis, IN Welcome to 5756 Birtz Road, a beautiful three-story townhome in the heart of historic Fort...	3 beds \| 4 baths \| 2,218 sq.ft.	$325,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.75% Airbnb Rental Income: $null Traditional Rental Income: $2049 Airbnb ROI: N/A Traditional ROI: 3.75%
5740 Birtz Road Indianapolis, IN Step into history with all the modern luxuries you crave! These stunning 3-level townhomes...	3 beds \| 4 baths \| 2,130 sq.ft.	$330,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $2049 Airbnb ROI: N/A Traditional ROI: 3.68%
423 Leota Street Indianapolis, IN A rooftop deck. City skyline views. This home was made for living well, entertaining often...	2 beds \| 3 baths \| 1,535 sq.ft.	$384,500	Airbnb cash on cash: N/A Traditional cash on cash: 1.88% Airbnb Rental Income: $null Traditional Rental Income: $1734 Airbnb ROI: N/A Traditional ROI: 1.88%
1027 Riviera Drive Indianapolis, IN Experience elevated townhome living with the Riverbank floor plan, thoughtfully designed f...	4 beds \| 4 baths \| 2,502 sq.ft.	$709,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.65% Airbnb Rental Income: $null Traditional Rental Income: $2407 Airbnb ROI: N/A Traditional ROI: 1.65%
1009 Laurel Street Indianapolis, IN Welcome to 1009 Laurel in the heart of Fountain Square - a beautifully renovated 4-bedroom...	4 beds \| 3 baths \| 1,619 sq.ft.	$335,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $2056 Airbnb ROI: N/A Traditional ROI: 4.42%
9522 Park Meridian Drive Indianapolis, IN Space, privacy, and low-maintenance living come together in this 2,060 sq ft Park Meridian...	2 beds \| 4 baths \| 2,060 sq.ft.	$334,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.22% Airbnb Rental Income: $null Traditional Rental Income: $1910 Airbnb ROI: N/A Traditional ROI: 3.22%
1960 Rosette Way Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 4 baths \| 2,295 sq.ft.	$467,493	Airbnb cash on cash: N/A Traditional cash on cash: 2.28% Airbnb Rental Income: $null Traditional Rental Income: $2120 Airbnb ROI: N/A Traditional ROI: 2.28%
5613 E Washington Street #16 Indianapolis, IN Back on the market due to no fault of the seller! Rare co-op opportunity right in the midd...	2 beds \| 1 baths \| 1,102 sq.ft.	$77,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.65% Airbnb Rental Income: $null Traditional Rental Income: $1238 Airbnb ROI: N/A Traditional ROI: 6.65%
1984 Rosette Way Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 4 baths \| 2,240 sq.ft.	$488,040	Airbnb cash on cash: N/A Traditional cash on cash: 2.94% Airbnb Rental Income: $null Traditional Rental Income: $2599 Airbnb ROI: N/A Traditional ROI: 2.94%
9556 Oakley Drive Indianapolis, IN Fresh updates, three finished levels, and an unbeatable northside location make this move-...	3 beds \| 4 baths \| 3,171 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.22% Airbnb Rental Income: $null Traditional Rental Income: $2649 Airbnb ROI: N/A Traditional ROI: 5.22%
1970 Alvord Street Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 4 baths \| 2,073 sq.ft.	$449,033	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $2521 Airbnb ROI: N/A Traditional ROI: 3.4%
739 Perth Lane Indianapolis, IN Like-new luxury townhome in the heart of downtown Indianapolis, featuring a private roofto...	2 beds \| 3 baths \| 1,657 sq.ft.	$480,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.56% Airbnb Rental Income: $null Traditional Rental Income: $2332 Airbnb ROI: N/A Traditional ROI: 2.56%
1974 Alvord Street Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 4 baths \| 2,162 sq.ft.	$467,690	Airbnb cash on cash: N/A Traditional cash on cash: 2.58% Airbnb Rental Income: $null Traditional Rental Income: $2250 Airbnb ROI: N/A Traditional ROI: 2.58%
2509 Chaseway Court Indianapolis, IN This townhome has been a completely remodeled interior space. Every detail has been though...	2 beds \| 2 baths \| 1,424 sq.ft.	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.06% Airbnb Rental Income: $null Traditional Rental Income: $1591 Airbnb ROI: N/A Traditional ROI: 5.06%
8339 Codesa Way Indianapolis, IN Space to gather, places to recharge, and flexibility for everyday life-welcome to 8339 Cod...	2 beds \| 3 baths \| 2,069 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.28% Airbnb Rental Income: $null Traditional Rental Income: $2154 Airbnb ROI: N/A Traditional ROI: 6.28%
1980 Rosette Way Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 4 baths \| 2,103 sq.ft.	$456,990	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $2535 Airbnb ROI: N/A Traditional ROI: 3.57%
1972 Rosette Way Indianapolis, IN Alvord Street Towns is a community of new townhomes for sale in Indianapolis, IN, with dir...	3 beds \| 4 baths \| 2,103 sq.ft.	$457,690	Airbnb cash on cash: N/A Traditional cash on cash: 3.56% Airbnb Rental Income: $null Traditional Rental Income: $2535 Airbnb ROI: N/A Traditional ROI: 3.56%
754 N Pierson Street Indianapolis, IN Experience the heartbeat of Indianapolis from this sleek townhome at 754 Pierson Street. T...	2 beds \| 3 baths \| 1,328 sq.ft.	$350,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.92% Airbnb Rental Income: $null Traditional Rental Income: $2130 Airbnb ROI: N/A Traditional ROI: 3.92%

Your search for investment property begins and ends here

Townhouses for Sale in Indianapolis, IN

8655 N Meridian Street

Indianapolis, IN

2 beds | 4 baths | 2,020 sq.ft.

$325,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.67%

Airbnb Rental Income: $null

Traditional Rental Income: $2259

Airbnb ROI: N/A

Traditional ROI: 4.67%

412 E 11th Street

Indianapolis, IN

2 beds | 3 baths | 1,452 sq.ft.

$299,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.29%

Airbnb Rental Income: $null

Traditional Rental Income: $1834

Airbnb ROI: N/A

Traditional ROI: 4.29%

8526 E 56th Street

Indianapolis, IN

3 beds | 2 baths | 1,472 sq.ft.

$262,500

Airbnb cash on cash: N/A

Traditional cash on cash: 2.01%

Airbnb Rental Income: $null

Traditional Rental Income: $1575

Airbnb ROI: N/A

Traditional ROI: 2.01%

1818 N Pennsylvania Street

Indianapolis, IN

3 beds | 4 baths | 4,173 sq.ft.

$750,000

Airbnb cash on cash: N/A

Traditional cash on cash: -0.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2942

Airbnb ROI: N/A

Traditional ROI: -0.13%

9545 Longwell Drive

Indianapolis, IN

2 beds | 3 baths | 1,532 sq.ft.

$237,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.72%

Airbnb Rental Income: $null

Traditional Rental Income: $1858

Airbnb ROI: N/A

Traditional ROI: 4.72%

2909 Kirkbride Way

Indianapolis, IN

3 beds | 4 baths | 1,750 sq.ft.

$278,500

Airbnb cash on cash: N/A

Traditional cash on cash: 5.9%

Airbnb Rental Income: $null

Traditional Rental Income: $2424

Airbnb ROI: N/A

Traditional ROI: 5.9%

8629 N Meridian Street

Indianapolis, IN

3 beds | 4 baths | 2,400 sq.ft.

$329,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.66%

Airbnb Rental Income: $null

Traditional Rental Income: $2016

Airbnb ROI: N/A

Traditional ROI: 3.66%

1401 Woodlawn Avenue

Indianapolis, IN

4 beds | 3 baths | 1,503 sq.ft.

$335,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.46%

Airbnb Rental Income: $null

Traditional Rental Income: $807

Airbnb ROI: N/A