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 86 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
613 E New York St Indianapolis, IN Finding a townhome with historic charm and modern livability can be a tall order. Good new...	3 beds \| 2 baths \| 3,062 sq.ft.	$465,000	Airbnb cash on cash: -0.04% Traditional cash on cash: 3.13% Airbnb Rental Income: $1148 Traditional Rental Income: $2150 Airbnb ROI: -0.04% Traditional ROI: 3.13%
7469 Woodshire Place #7469 Indianapolis, IN Wow! Amazing 2 BDR 1.5 BA with Laundry, Fenced Private Back Yard w/Storage Shed & Car Port...	2 beds \| 2 baths \| 1,152 sq.ft.	$107,500	Airbnb cash on cash: 2.95% Traditional cash on cash: 8.49% Airbnb Rental Income: $1221 Traditional Rental Income: $1406 Airbnb ROI: 2.95% Traditional ROI: 8.49%
4847 Mount Vernon Drive Indianapolis, IN Single-family home offering a functional floor plan with living area, kitchen and dedicate...	3 beds \| 2 baths \| 1,242 sq.ft.	$120,000	Airbnb cash on cash: 5.64% Traditional cash on cash: 9.4% Airbnb Rental Income: $1513 Traditional Rental Income: $1507 Airbnb ROI: 5.64% Traditional ROI: 9.4%
9452 Oakley Drive Indianapolis, IN Beautifully updated townhome in highly desirable location at 96th and Meridian Street. Thi...	3 beds \| 4 baths \| 2,146 sq.ft.	$345,000	Airbnb cash on cash: 1.3% Traditional cash on cash: 4.5% Airbnb Rental Income: $1756 Traditional Rental Income: $2310 Airbnb ROI: 1.3% Traditional ROI: 4.5%
723 N Cleveland St Indianapolis, IN Welcome to the historic Kynett Building, a downtown statement just one block from Mass Ave...	3 beds \| 3 baths \| 4,155 sq.ft.	$1,299,999	Airbnb cash on cash: -1.93% Traditional cash on cash: 0.59% Airbnb Rental Income: $1148 Traditional Rental Income: $3815 Airbnb ROI: -1.93% Traditional ROI: 0.59%
527 E North St Indianapolis, IN NEW CONSTRUCTION IN EXCITING NEW LOCKERBIE SQUARE COMMUNITY! These 4-story townhomes boast...	3 beds \| 3 baths \| 2,213 sq.ft.	$789,900	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.52% Airbnb Rental Income: $1148 Traditional Rental Income: $3053 Airbnb ROI: -0.58% Traditional ROI: 2.52%
531 E North St Indianapolis, IN NEW CONSTRUCTION IN EXCITING NEW LOCKERBIE SQUARE COMMUNITY! These 4-story townhomes boas...	3 beds \| 3 baths \| 2,357 sq.ft.	$809,000	Airbnb cash on cash: -0.58% Traditional cash on cash: 2.5% Airbnb Rental Income: $1148 Traditional Rental Income: $3093 Airbnb ROI: -0.58% Traditional ROI: 2.5%
2607 E New York St Indianapolis, IN AFTER 6 PM and WEEKEND SHOWINGS REQUIRE DIRECT ARRANGEMENT WITH AGENT. ONE OF THREE REMAI...	3 beds \| 3 baths \| 1,271 sq.ft.	$175,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 10.18% Airbnb Rental Income: $937 Traditional Rental Income: $2130 Airbnb ROI: 0.95% Traditional ROI: 10.18%
2609 E New York St Indianapolis, IN ONE OF THREE REMAINING TOWNHOMES!! AMAZING NEW CONSTRUCTION of Three-Story Townhome Develo...	3 beds \| 2 baths \| 1,271 sq.ft.	$170,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 10.05% Airbnb Rental Income: $937 Traditional Rental Income: $2057 Airbnb ROI: 1.01% Traditional ROI: 10.05%
2611 E New York St Indianapolis, IN WEEKEND/AFTER 6PM SHOWINGS NEED TO BE ARRANGED DIRECLTY- ONE OF THREE REMAINING TOWNHOMES!...	3 beds \| 2 baths \| 1,271 sq.ft.	$170,000	Airbnb cash on cash: 1.01% Traditional cash on cash: 10.05% Airbnb Rental Income: $937 Traditional Rental Income: $2057 Airbnb ROI: 1.01% Traditional ROI: 10.05%
1622 Prospect St Indianapolis, IN Discover your beautifully remodeled townhome in the lively Fountain Square district of Ind...	2 beds \| 2 baths \| 1,970 sq.ft.	$329,900	Airbnb cash on cash: -2.17% Traditional cash on cash: 3.09% Airbnb Rental Income: $849 Traditional Rental Income: $2150 Airbnb ROI: -2.17% Traditional ROI: 3.09%
1624 Prospect St Indianapolis, IN Discover your beautifully remodeled townhome in the lively Fountain Square district of Ind...	2 beds \| 2 baths \| 1,970 sq.ft.	$329,900	Airbnb cash on cash: -2.17% Traditional cash on cash: 3.11% Airbnb Rental Income: $849 Traditional Rental Income: $2155 Airbnb ROI: -2.17% Traditional ROI: 3.11%
1303 Deloss St Indianapolis, IN Embrace a modern lifestyle in this splendid 3-bedroom, 2.5-bath townhouse located in the l...	3 beds \| 2 baths \| 1,940 sq.ft.	$457,000	Airbnb cash on cash: -1.82% Traditional cash on cash: 2.92% Airbnb Rental Income: $815 Traditional Rental Income: $2516 Airbnb ROI: -1.82% Traditional ROI: 2.92%
7525 Marin Pkwy Indianapolis, IN Towns at Pennsy is a NOW SELLING community of new townhomes offering low-maintenance livin...	3 beds \| 2 baths \| 1,727 sq.ft.	$229,518	Airbnb cash on cash: -0.89% Traditional cash on cash: 7.21% Airbnb Rental Income: $753 Traditional Rental Income: $2199 Airbnb ROI: -0.89% Traditional ROI: 7.21%
1526 Carrollton Avenue Indianapolis, IN Located in the heart of downtown's historic Old Northside neighborhood, this townhome offe...	3 beds \| 4 baths \| 2,928 sq.ft.	$439,900	Airbnb cash on cash: -1.5% Traditional cash on cash: 4.07% Airbnb Rental Income: $1147 Traditional Rental Income: $3061 Airbnb ROI: -1.5% Traditional ROI: 4.07%
737 Switchyard Pl Indianapolis, IN Located in the heart of Fletcher Place, this 2020-built townhome offers a turnkey lifestyl...	2 beds \| 2 baths \| 1,708 sq.ft.	$425,000	Airbnb cash on cash: -1.44% Traditional cash on cash: 3.37% Airbnb Rental Income: $849 Traditional Rental Income: $2435 Airbnb ROI: -1.44% Traditional ROI: 3.37%
9043 Moorhead Dr Indianapolis, IN Stunning end-unit townhouse offering three levels of sun-drenched living space, 3.5 baths,...	2 beds \| 3 baths \| 2,366 sq.ft.	$249,000	Airbnb cash on cash: -0.86% Traditional cash on cash: 6.12% Airbnb Rental Income: $1091 Traditional Rental Income: $2362 Airbnb ROI: -0.86% Traditional ROI: 6.12%
2482 Chaseway Ct Indianapolis, IN Located in the desirable North Pointe Bay in Pike Township, this end-unit, two-story condo...	2 beds \| 2 baths \| 1,594 sq.ft.	$179,500	Airbnb cash on cash: -0.3% Traditional cash on cash: 7.08% Airbnb Rental Income: $1091 Traditional Rental Income: $1981 Airbnb ROI: -0.3% Traditional ROI: 7.08%

Your search for investment property begins and ends here

Townhouses for Sale in Indianapolis, IN

613 E New York St

Indianapolis, IN

3 beds | 2 baths | 3,062 sq.ft.

$465,000

Airbnb cash on cash: -0.04%

Traditional cash on cash: 3.13%

Airbnb Rental Income: $1148

Traditional Rental Income: $2150

Airbnb ROI: -0.04%

Traditional ROI: 3.13%

7469 Woodshire Place #7469

Indianapolis, IN

2 beds | 2 baths | 1,152 sq.ft.

$107,500

Airbnb cash on cash: 2.95%

Traditional cash on cash: 8.49%

Airbnb Rental Income: $1221

Traditional Rental Income: $1406

Airbnb ROI: 2.95%

Traditional ROI: 8.49%

4847 Mount Vernon Drive

Indianapolis, IN

3 beds | 2 baths | 1,242 sq.ft.

$120,000

Airbnb cash on cash: 5.64%

Traditional cash on cash: 9.4%

Airbnb Rental Income: $1513

Traditional Rental Income: $1507

Airbnb ROI: 5.64%

Traditional ROI: 9.4%

9452 Oakley Drive

Indianapolis, IN

3 beds | 4 baths | 2,146 sq.ft.

$345,000

Airbnb cash on cash: 1.3%

Traditional cash on cash: 4.5%

Airbnb Rental Income: $1756

Traditional Rental Income: $2310

Airbnb ROI: 1.3%

Traditional ROI: 4.5%

723 N Cleveland St

Indianapolis, IN

3 beds | 3 baths | 4,155 sq.ft.

$1,299,999

Airbnb cash on cash: -1.93%

Traditional cash on cash: 0.59%

Airbnb Rental Income: $1148

Traditional Rental Income: $3815

Airbnb ROI: -1.93%

Traditional ROI: 0.59%

527 E North St

Indianapolis, IN

3 beds | 3 baths | 2,213 sq.ft.

$789,900

Airbnb cash on cash: -0.58%

Traditional cash on cash: 2.52%

Airbnb Rental Income: $1148

Traditional Rental Income: $3053

Airbnb ROI: -0.58%

Traditional ROI: 2.52%

531 E North St

Indianapolis, IN

3 beds | 3 baths | 2,357 sq.ft.

$809,000

Airbnb cash on cash: -0.58%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $1148

Traditional Rental Income: $3093

Airbnb ROI: -0.58%

Traditional ROI: 2.5%

2607 E New York St

Indianapolis, IN

3 beds | 3 baths | 1,271 sq.ft.

$175,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 10.18%

Airbnb Rental Income: $937

Traditional Rental Income: $2130

Airbnb ROI: 0.95%