Real Estate Investment Properties for Sale in Morgantown, IN

Looking for investment property in Morgantown, IN with high ROI ?

Explore a variety of short-term homes & houses in Morgantown, IN. Invest wisely with VRBO & Morgantown, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Morgantown, IN

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
7422 S 575 W Morgantown, IN ROLLING HILLS AND HIGH TENSILE FENCED PASTURE IS WHAT YOU WILL FIND IN THIS 41.05 ACRE FAR...	3 beds \| 2 baths \| 1,680 sq.ft.	$825,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 1.43% Airbnb Rental Income: $2433 Traditional Rental Income: $2107 Airbnb ROI: 1.08% Traditional ROI: 1.43%
8546 N Chickadee Drive Morgantown, IN Lake Living on Lake LaSalle in Beautiful Brown County. Enter through the foyer into the Gr...	3 beds \| 2 baths \| 2,178 sq.ft.	$449,900	Airbnb cash on cash: 2.87% Traditional cash on cash: 5.02% Airbnb Rental Income: $2433 Traditional Rental Income: $2744 Airbnb ROI: 2.87% Traditional ROI: 5.02%
240 Morton St Morgantown, IN Charming 1905 2 bedroom/2 bath bungalow in the heart of town ready for its new owners! Hug...	3 beds \| 2 baths \| 1,714 sq.ft.	$235,000	Airbnb cash on cash: 6.6% Traditional cash on cash: 4.67% Airbnb Rental Income: $2433 Traditional Rental Income: $1410 Airbnb ROI: 6.6% Traditional ROI: 4.67%
2275 Twinlake Drive Morgantown, IN Welcome to your serene retreat nestled on 2.5 picturesque acres featuring a fully stocked ...	2 beds \| 1 baths \| 2,352 sq.ft.	$399,000	Airbnb cash on cash: 0.99% Traditional cash on cash: 2.17% Airbnb Rental Income: $1593 Traditional Rental Income: $1580 Airbnb ROI: 0.99% Traditional ROI: 2.17%
2154 Hornettown Road Morgantown, IN Reduced below appraised value!!! If peace and tranquility is what you're looking for you h...	3 beds \| 2 baths \| 1,536 sq.ft.	$449,000	Airbnb cash on cash: 2.83% Traditional cash on cash: 4.46% Airbnb Rental Income: $2433 Traditional Rental Income: $2522 Airbnb ROI: 2.83% Traditional ROI: 4.46%
539 E Washington St Morgantown, IN When they say "Love grows best in little houses" this must have been the one they had in m...	3 beds \| 1 baths \| 2,222 sq.ft.	$299,900	Airbnb cash on cash: 4.89% Traditional cash on cash: 2.82% Airbnb Rental Income: $2433 Traditional Rental Income: $1256 Airbnb ROI: 4.89% Traditional ROI: 2.82%
279 Arnold Street Morgantown, IN Full Bedford Stone exterior ranch style home, conveniently located for easy commute. 3 bed...	3 beds \| 2 baths \| 1,350 sq.ft.	$229,900	Airbnb cash on cash: 5.97% Traditional cash on cash: 7.11% Airbnb Rental Income: $2433 Traditional Rental Income: $2087 Airbnb ROI: 5.97% Traditional ROI: 7.11%
259 N Pine Street Morgantown, IN Fantastic flip opportunity in the heart of Morgantown! This 2-bedroom, 1-bath home at 259 ...	2 beds \| 1 baths \| 800 sq.ft.	$115,000	Airbnb cash on cash: 7.45% Traditional cash on cash: 9.43% Airbnb Rental Income: $1593 Traditional Rental Income: $1358 Airbnb ROI: 7.45% Traditional ROI: 9.43%
7783 W 700 S Morgantown, IN 7783 W 700 S, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 2 baths \| 2,220 sq.ft.	$384,900	Airbnb cash on cash: 2.99% Traditional cash on cash: 3.86% Airbnb Rental Income: $2433 Traditional Rental Income: $2154 Airbnb ROI: 2.99% Traditional ROI: 3.86%
5998 Bear Creek Rd Morgantown, IN 5998 Bear Creek Rd, Morgantown, IN 46160 \| Single Family Residential	4 beds \| 3 baths \| 4,508 sq.ft.	$1,100,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.74% Airbnb Rental Income: $null Traditional Rental Income: $2739 Airbnb ROI: N/A Traditional ROI: 0.74%
9464 N State Rd 135 Morgantown, IN 9464 N State Rd 135, Morgantown, IN 46160 \| Single Family Residential	2 beds \| 1 baths \| 2,792 sq.ft.	$235,999	Airbnb cash on cash: 2.84% Traditional cash on cash: 2.83% Airbnb Rental Income: $1593 Traditional Rental Income: $1135 Airbnb ROI: 2.84% Traditional ROI: 2.83%
5320 S Lick Crk Rd Morgantown, IN 5320 S Lick Crk Rd, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 1 baths \| 1,973 sq.ft.	$339,000	Airbnb cash on cash: 3.64% Traditional cash on cash: 2.51% Airbnb Rental Income: $2433 Traditional Rental Income: $1479 Airbnb ROI: 3.64% Traditional ROI: 2.51%
493 Hornettown Ln Morgantown, IN 493 Hornettown Ln, Morgantown, IN 46160 \| Other	N/A beds \| N/A baths \| N/A	$317,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.35% Airbnb Rental Income: $null Traditional Rental Income: $748 Airbnb ROI: N/A Traditional ROI: 0.35%
170 E Elm St Morgantown, IN 170 E Elm St, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 1 baths \| 1,077 sq.ft.	$229,000	Airbnb cash on cash: 6.21% Traditional cash on cash: 4.66% Airbnb Rental Income: $2433 Traditional Rental Income: $1501 Airbnb ROI: 6.21% Traditional ROI: 4.66%
187 Cabin Creek Ln Morgantown, IN 187 Cabin Creek Ln, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 2 baths \| 2,392 sq.ft.	$440,000	Airbnb cash on cash: 2.32% Traditional cash on cash: 3.33% Airbnb Rental Income: $2433 Traditional Rental Income: $2255 Airbnb ROI: 2.32% Traditional ROI: 3.33%
84 Fruitdale Road Morgantown, IN Nestled just off State Road 135 North, 84 E Fruitdale Rd offers the perfect blend of peace...	2 beds \| 1 baths \| 1,053 sq.ft.	$265,000	Airbnb cash on cash: 3% Traditional cash on cash: 4.56% Airbnb Rental Income: $1593 Traditional Rental Income: $1528 Airbnb ROI: 3% Traditional ROI: 4.56%
9036 E Gayle Drive Morgantown, IN Welcome to a home that checks all the boxes-and then adds a few you didn't know you needed...	4 beds \| 2 baths \| 2,442 sq.ft.	$665,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.94% Airbnb Rental Income: $null Traditional Rental Income: $2627 Airbnb ROI: N/A Traditional ROI: 2.94%
7730 Bear Creek Road Morgantown, IN Escape to your own private Brown County retreat where nature, space, and opportunity come ...	3 beds \| 3 baths \| 2,516 sq.ft.	$655,000	Airbnb cash on cash: 1.7% Traditional cash on cash: 3.78% Airbnb Rental Income: $2433 Traditional Rental Income: $3112 Airbnb ROI: 1.7% Traditional ROI: 3.78%
0 N Lasalle Rd Morgantown, IN 0 N Lasalle Rd, Morgantown, IN 46160 \| Other	N/A beds \| N/A baths \| N/A	$77,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.77% Airbnb Rental Income: $null Traditional Rental Income: $837 Airbnb ROI: N/A Traditional ROI: 6.77%
6541 W 500 S Morgantown, IN Set your eyes on this 2 acre residence located in MORGANTOWN, IN. Tucked away in the heart...	3 beds \| 2 baths \| 2,061 sq.ft.	$405,999	Airbnb cash on cash: 3.08% Traditional cash on cash: 4.61% Airbnb Rental Income: $2433 Traditional Rental Income: $2419 Airbnb ROI: 3.08% Traditional ROI: 4.61%
5832 E Mahalasville Road Morgantown, IN Situated on 15.87 scenic acres, this well-appointed ranch offers privacy and refined count...	3 beds \| 2 baths \| 1,920 sq.ft.	$625,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 2.72% Airbnb Rental Income: $2433 Traditional Rental Income: $2672 Airbnb ROI: 1.29% Traditional ROI: 2.72%
6986 W State Road 44 Morgantown, IN Peaceful country living in southern Johnson County! This 4-bedroom, 1.5-bath home offers p...	4 beds \| 2 baths \| 1,828 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.87% Airbnb Rental Income: $null Traditional Rental Income: $2706 Airbnb ROI: N/A Traditional ROI: 6.87%
229 Morton Street Morgantown, IN Small town charm with room to spread out. This 3 bedroom, 1 bathroom home in Morgantown si...	3 beds \| 1 baths \| 1,170 sq.ft.	$174,900	Airbnb cash on cash: 8.64% Traditional cash on cash: 7.51% Airbnb Rental Income: $2433 Traditional Rental Income: $1651 Airbnb ROI: 8.64% Traditional ROI: 7.51%

Real Estate investment in Morgantown, IN

There are 23 properties for sale in the city of Morgantown . The median list price in Morgantown is $328,000 and the average price per square foot is $142. In April 2026, the average monthly cash on cash return in Morgantown is 3.00%. The average monthly rental income in Morgantown is $1,775.

Morgantown, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 23 investment properties available for sale in Morgantown.

In 2026, the best neighborhood to buy investment property is Morgantown.

The ROI for Short-Term is higher than the Long-Term in Morgantown with average rental income of $2,433.

Your search for investment property begins and ends here

Investment Property for Sale in Morgantown, IN

7422 S 575 W

Morgantown, IN

3 beds | 2 baths | 1,680 sq.ft.

$825,000

Airbnb cash on cash: 1.08%

Traditional cash on cash: 1.43%

Airbnb Rental Income: $2433

Traditional Rental Income: $2107

Airbnb ROI: 1.08%

Traditional ROI: 1.43%

8546 N Chickadee Drive

Morgantown, IN

3 beds | 2 baths | 2,178 sq.ft.

$449,900

Airbnb cash on cash: 2.87%

Traditional cash on cash: 5.02%

Airbnb Rental Income: $2433

Traditional Rental Income: $2744

Airbnb ROI: 2.87%

Traditional ROI: 5.02%

240 Morton St

Morgantown, IN

3 beds | 2 baths | 1,714 sq.ft.

$235,000

Airbnb cash on cash: 6.6%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $2433

Traditional Rental Income: $1410

Airbnb ROI: 6.6%

Traditional ROI: 4.67%

2275 Twinlake Drive

Morgantown, IN

2 beds | 1 baths | 2,352 sq.ft.

$399,000

Airbnb cash on cash: 0.99%

Traditional cash on cash: 2.17%

Airbnb Rental Income: $1593

Traditional Rental Income: $1580

Airbnb ROI: 0.99%

Traditional ROI: 2.17%

2154 Hornettown Road

Morgantown, IN

3 beds | 2 baths | 1,536 sq.ft.

$449,000

Airbnb cash on cash: 2.83%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $2433

Traditional Rental Income: $2522

Airbnb ROI: 2.83%

Traditional ROI: 4.46%

539 E Washington St

Morgantown, IN

3 beds | 1 baths | 2,222 sq.ft.

$299,900

Airbnb cash on cash: 4.89%

Traditional cash on cash: 2.82%

Airbnb Rental Income: $2433

Traditional Rental Income: $1256

Airbnb ROI: 4.89%

Traditional ROI: 2.82%

279 Arnold Street

Morgantown, IN

3 beds | 2 baths | 1,350 sq.ft.

$229,900

Airbnb cash on cash: 5.97%

Traditional cash on cash: 7.11%

Airbnb Rental Income: $2433

Traditional Rental Income: $2087

Airbnb ROI: 5.97%

Traditional ROI: 7.11%

259 N Pine Street

Morgantown, IN

2 beds | 1 baths | 800 sq.ft.

$115,000

Airbnb cash on cash: 7.45%

Traditional cash on cash: 9.43%

Airbnb Rental Income: $1593

Traditional Rental Income: $1358

Airbnb ROI: 7.45%