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 19 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 Street Indianapolis, IN Discover a townhome that blends historic charm with modern practicality. You've found it: ...	3 beds \| 2 baths \| 2,678 sq.ft.	$435,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 3.41% Airbnb Rental Income: $1148 Traditional Rental Income: $2150 Airbnb ROI: 0.02% Traditional ROI: 3.41%
3057 Skylar Lane Indianapolis, IN Welcome to low-maintenance living in a beautifully maintained townhome perfectly positione...	2 beds \| 3 baths \| 2,520 sq.ft.	$195,000	Airbnb cash on cash: -2.45% Traditional cash on cash: 2.48% Airbnb Rental Income: $600 Traditional Rental Income: $1224 Airbnb ROI: -2.45% Traditional ROI: 2.48%
3419 Carrollton Avenue Indianapolis, IN Step into style with this beautiful 3-bedroom townhome that perfectly balances modern luxu...	3 beds \| 2 baths \| 1,260 sq.ft.	$189,000	Airbnb cash on cash: 2.24% Traditional cash on cash: 4.85% Airbnb Rental Income: $1110 Traditional Rental Income: $1205 Airbnb ROI: 2.24% Traditional ROI: 4.85%
2018 N Talbott Street Indianapolis, IN Located in the heart of Herron-Morton, this charming Craftsman-style townhome offers a per...	3 beds \| 3 baths \| 2,016 sq.ft.	$415,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 4.64% Airbnb Rental Income: $1147 Traditional Rental Income: $2658 Airbnb ROI: -0.23% Traditional ROI: 4.64%
723 N Cleveland Street Indianapolis, IN Welcome to the historic Kynett Building, a downtown statement just one block from Mass Ave...	3 beds \| 5 baths \| 4,155 sq.ft.	$1,200,000	Airbnb cash on cash: -2% Traditional cash on cash: 0.73% Airbnb Rental Income: $1148 Traditional Rental Income: $3815 Airbnb ROI: -2% Traditional ROI: 0.73%
527 E North Street Indianapolis, IN NEW CONSTRUCTION IN EXCITING NEW LOCKERBIE SQUARE COMMUNITY! These 4-story townhomes boast...	3 beds \| 4 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 Street Indianapolis, IN NEW CONSTRUCTION IN EXCITING NEW LOCKERBIE SQUARE COMMUNITY! These 4-story townhomes boas...	3 beds \| 4 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 Street Indianapolis, IN WEEKEND/AFTER 6PM SHOWINGS NEED TO BE ARRANGED DIRECLTY- ONE OF THREE REMAINING TOWNHOMES!...	3 beds \| 4 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 Street Indianapolis, IN ONE OF THREE REMAINING TOWNHOMES!! AMAZING NEW CONSTRUCTION of Three-Story Townhome Develo...	3 beds \| 3 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 Street Indianapolis, IN WEEKEND/AFTER 6PM SHOWINGS NEED TO BE ARRANGED DIRECLTY- ONE OF THREE REMAINING TOWNHOMES!...	3 beds \| 3 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 Street Indianapolis, IN This stunning, fully remodeled townhome offers a spacious 1,975 sqft floorplan featuring ...	2 beds \| 3 baths \| 1,774 sq.ft.	$279,000	Airbnb cash on cash: -2.38% Traditional cash on cash: 3.83% Airbnb Rental Income: $849 Traditional Rental Income: $2150 Airbnb ROI: -2.38% Traditional ROI: 3.83%
1303 Deloss Street Indianapolis, IN Embrace a modern lifestyle in this splendid 3-bedroom, 2.5-bath townhouse located in the l...	3 beds \| 3 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%
1438 N Park Avenue Indianapolis, IN NEW ROOF, NEW SEWER LINE, and NEW FURNACE! This expansive townhome situated in the beautif...	4 beds \| 4 baths \| 2,178 sq.ft.	$330,000	Airbnb cash on cash: -0.57% Traditional cash on cash: 4.89% Airbnb Rental Income: $1365 Traditional Rental Income: $2643 Airbnb ROI: -0.57% Traditional ROI: 4.89%
737 Switchyard Place Indianapolis, IN Located in the heart of Fletcher Place, this 2020-built townhome offers a turnkey lifestyl...	2 beds \| 3 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 Drive Indianapolis, IN Stunning end-unit townhouse offering three levels of sun-drenched living space, 3.5 baths,...	2 beds \| 4 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%
1523 Bellefontaine Street Indianapolis, IN Located just steps from the Monon Trail, this former Lennar model home is filled with upgr...	3 beds \| 4 baths \| 2,240 sq.ft.	$495,000	Airbnb cash on cash: -0.96% Traditional cash on cash: 2.69% Airbnb Rental Income: $1147 Traditional Rental Income: $2454 Airbnb ROI: -0.96% Traditional ROI: 2.69%
2482 Chaseway Court Indianapolis, IN Located in the desirable North Pointe Bay in Pike Township, this end-unit, two-story condo...	2 beds \| 3 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%
1034 Reserve Way Indianapolis, IN Welcome to your new home in the highly desirable Broad Ripple area of Indianapolis! This b...	2 beds \| 2 baths \| 1,207 sq.ft.	$264,900	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.82% Airbnb Rental Income: $1354 Traditional Rental Income: $1592 Airbnb ROI: 0.21% Traditional ROI: 2.82%
510 E Vermont Street Indianapolis, IN Watch the drone interior video of this rare, move-in-ready townhouse, in historic Lockerbi...	2 beds \| 3 baths \| 1,938 sq.ft.	$400,000	Airbnb cash on cash: -1.32% Traditional cash on cash: 2.45% Airbnb Rental Income: $938 Traditional Rental Income: $2009 Airbnb ROI: -1.32% Traditional ROI: 2.45%

Your search for investment property begins and ends here

Townhouses for Sale in Indianapolis, IN

613 E New York Street

Indianapolis, IN

3 beds | 2 baths | 2,678 sq.ft.

$435,000

Airbnb cash on cash: 0.02%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $1148

Traditional Rental Income: $2150

Airbnb ROI: 0.02%

Traditional ROI: 3.41%

3057 Skylar Lane

Indianapolis, IN

2 beds | 3 baths | 2,520 sq.ft.

$195,000

Airbnb cash on cash: -2.45%

Traditional cash on cash: 2.48%

Airbnb Rental Income: $600

Traditional Rental Income: $1224

Airbnb ROI: -2.45%

Traditional ROI: 2.48%

3419 Carrollton Avenue

Indianapolis, IN

3 beds | 2 baths | 1,260 sq.ft.

$189,000

Airbnb cash on cash: 2.24%

Traditional cash on cash: 4.85%

Airbnb Rental Income: $1110

Traditional Rental Income: $1205

Airbnb ROI: 2.24%

Traditional ROI: 4.85%

2018 N Talbott Street

Indianapolis, IN

3 beds | 3 baths | 2,016 sq.ft.

$415,000

Airbnb cash on cash: -0.23%

Traditional cash on cash: 4.64%

Airbnb Rental Income: $1147

Traditional Rental Income: $2658

Airbnb ROI: -0.23%

Traditional ROI: 4.64%

723 N Cleveland Street

Indianapolis, IN

3 beds | 5 baths | 4,155 sq.ft.

$1,200,000

Airbnb cash on cash: -2%

Traditional cash on cash: 0.73%

Airbnb Rental Income: $1148

Traditional Rental Income: $3815

Airbnb ROI: -2%

Traditional ROI: 0.73%

527 E North Street

Indianapolis, IN

3 beds | 4 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 Street

Indianapolis, IN

3 beds | 4 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 Street

Indianapolis, IN

3 beds | 4 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%