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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
8546 N Chickadee Dr 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.	$439,900	Airbnb cash on cash: 2.63% Traditional cash on cash: 5.15% Airbnb Rental Income: $2273 Traditional Rental Income: $2744 Airbnb ROI: 2.63% Traditional ROI: 5.15%
7897 N Lasalle Rd Morgantown, IN Prepare for endless giggles and sun-drenched days at 7897 N Lasalle RD in Morgantown, IN! ...	3 beds \| 2 baths \| 1,680 sq.ft.	$446,500	Airbnb cash on cash: 2.53% Traditional cash on cash: 2.43% Airbnb Rental Income: $2273 Traditional Rental Income: $1664 Airbnb ROI: 2.53% Traditional ROI: 2.43%
1825 W Three Story Hill Rd Morgantown, IN So much to love about this bright, charming home! Well maintained with a functional, roomy...	3 beds \| 2 baths \| 2,912 sq.ft.	$299,900	Airbnb cash on cash: 4.47% Traditional cash on cash: 6.32% Airbnb Rental Income: $2273 Traditional Rental Income: $2228 Airbnb ROI: 4.47% Traditional ROI: 6.32%
7351 Homestead Rd Morgantown, IN Nestled at the end of a quiet road, this private and truly unique property offers exceptio...	4 beds \| 2 baths \| 1,384 sq.ft.	$525,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.17% Airbnb Rental Income: $null Traditional Rental Income: $2397 Airbnb ROI: N/A Traditional ROI: 3.17%
8551 N Lick Creek Rd Morgantown, IN Brown County Home in the Country!!! Manufactured home offering several updates. Roof & gut...	3 beds \| 2 baths \| 1,716 sq.ft.	$240,000	Airbnb cash on cash: 5.93% Traditional cash on cash: 7.65% Airbnb Rental Income: $2273 Traditional Rental Income: $2097 Airbnb ROI: 5.93% Traditional ROI: 7.65%
8666 Bear Creek Rd Morgantown, IN 39 acres of beautiful serenity in Brown County, Indiana. On the 35 acre lot you will find...	1 beds \| 1 baths \| 1,924 sq.ft.	$474,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 1.37% Airbnb Rental Income: $1848 Traditional Rental Income: $1315 Airbnb ROI: 1.46% Traditional ROI: 1.37%
9278 E Cooper Rd Morgantown, IN Pole barn style home sitting on 10 acres with woods and a small pond. Quality construction...	2 beds \| 2 baths \| 2,592 sq.ft.	$500,000	Airbnb cash on cash: 0.95% Traditional cash on cash: 1.78% Airbnb Rental Income: $1905 Traditional Rental Income: $1786 Airbnb ROI: 0.95% Traditional ROI: 1.78%
7143 W 50 S Morgantown, IN Experience exceptional craftsmanship and serene country living in this stunning 4BR/2.5BA ...	4 beds \| 2 baths \| 2,736 sq.ft.	$900,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.63% Airbnb Rental Income: $null Traditional Rental Income: $2166 Airbnb ROI: N/A Traditional ROI: 0.63%
7653 N State Road 135 Morgantown, IN Video tour in virtual tours. If you've been dreaming of a serene, low-maintenance home far...	3 beds \| 2 baths \| 2,732 sq.ft.	$855,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.66% Airbnb Rental Income: $2273 Traditional Rental Income: $3680 Airbnb ROI: 0.18% Traditional ROI: 2.66%
4736 E Mahalasville Rd Morgantown, IN Welcome to your peaceful retreat in the country! This manufactured home is situated on 4.2...	3 beds \| 2 baths \| 1,512 sq.ft.	$325,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 3.4% Airbnb Rental Income: $2273 Traditional Rental Income: $1696 Airbnb ROI: 3.43% Traditional ROI: 3.4%
290 S Marion St Morgantown, IN 11/20/25 - DRASTIC PRICE CHANGE. WILL REQUIRE CASH MORE THAN LIKELY DUE TO CONDITIONS. Thi...	3 beds \| 1 baths \| 1,572 sq.ft.	$199,900	Airbnb cash on cash: 6.65% Traditional cash on cash: 9.13% Airbnb Rental Income: $2273 Traditional Rental Income: $2176 Airbnb ROI: 6.65% Traditional ROI: 9.13%
6080 Spearsville Rd Morgantown, IN This 2176 square foot single family home has 2 bedrooms and 1.0 bathrooms. This home is lo...	3 beds \| 1 baths \| 2,176 sq.ft.	$449,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 2.02% Airbnb Rental Income: $2273 Traditional Rental Income: $1404 Airbnb ROI: 2.74% Traditional ROI: 2.02%
5998 Bear Creek Rd Morgantown, IN Cliff Creek Cabin tourist rental is approved for 10 guests and sits high on a cliff overlo...	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%
9036 E Gayle Dr Morgantown, IN Welcome to a home that checks all the boxes-and then adds a few you didn't know you needed...	3 beds \| 2 baths \| 2,442 sq.ft.	$589,000	Airbnb cash on cash: 1.76% Traditional cash on cash: 3.44% Airbnb Rental Income: $2273 Traditional Rental Income: $2627 Airbnb ROI: 1.76% Traditional ROI: 3.44%
7730 Bear Creek Rd Morgantown, IN Escape to your own private Brown County retreat where nature, space, and opportunity come ...	3 beds \| 3 baths \| 2,516 sq.ft.	$578,000	Airbnb cash on cash: 1.8% Traditional cash on cash: 4.41% Airbnb Rental Income: $2273 Traditional Rental Income: $3112 Airbnb ROI: 1.8% Traditional ROI: 4.41%
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%
5832 N Oak Ridge Road Morgantown, IN Beautifully maintained 3BR/3BA home on 21 wooded, park-like acres offering privacy, sereni...	3 beds \| 3 baths \| 3,100 sq.ft.	$885,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 2.31% Airbnb Rental Income: $2273 Traditional Rental Income: $2980 Airbnb ROI: 0.77% Traditional ROI: 2.31%
219 Park St Morgantown, IN Step into the warmth and charm of this 1900-built home, thoughtfully updated while preserv...	2 beds \| 2 baths \| 1,538 sq.ft.	$234,000	Airbnb cash on cash: 4.06% Traditional cash on cash: 6.4% Airbnb Rental Income: $1905 Traditional Rental Income: $1918 Airbnb ROI: 4.06% Traditional ROI: 6.4%
5980 Pine Tree Ln Morgantown, IN ESCAPE to Your PRIVATE WOODED 50-Acre Sanctuary in Northern Brown County! Rarely do you fi...	3 beds \| 3 baths \| 3,600 sq.ft.	$1,250,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.01% Airbnb Rental Income: $2273 Traditional Rental Income: $3736 Airbnb ROI: 0.26% Traditional ROI: 2.01%
6410 N State Road 135 Morgantown, IN Nestled in a picturesque, park-like setting, this stunning 9.25-acre property offers the p...	2 beds \| 2 baths \| 1,334 sq.ft.	$469,000	Airbnb cash on cash: 1.75% Traditional cash on cash: 3.04% Airbnb Rental Income: $1905 Traditional Rental Income: $1964 Airbnb ROI: 1.75% Traditional ROI: 3.04%
181 W Robertson Rd Morgantown, IN 181 W Robertson Rd, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 1 baths \| 1,052 sq.ft.	$280,000	Airbnb cash on cash: 4.27% Traditional cash on cash: 3.6% Airbnb Rental Income: $2273 Traditional Rental Income: $1528 Airbnb ROI: 4.27% Traditional ROI: 3.6%
7813 W 50 S Morgantown, IN 7813 W 50 S, Morgantown, IN 46160 \| Single Family Residential	4 beds \| 2 baths \| 4,240 sq.ft.	$2,395,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.88% Airbnb Rental Income: $null Traditional Rental Income: $2240 Airbnb ROI: N/A Traditional ROI: -0.88%
6913 N State Road 135 Morgantown, IN 6913 N State Road 135, Morgantown, IN 46160 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.69% Airbnb Rental Income: $null Traditional Rental Income: $848 Airbnb ROI: N/A Traditional ROI: 2.69%
7001 N State Road 135 Morgantown, IN 7001 N State Road 135, Morgantown, IN 46160 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.78% Airbnb Rental Income: $null Traditional Rental Income: $863 Airbnb ROI: N/A Traditional ROI: 2.78%
3414 S 625 W Morgantown, IN Nestled on 28 private acres surrounded by mature trees, this one-of-a-kind estate offers t...	3 beds \| 2 baths \| 3,278 sq.ft.	$950,000	Airbnb cash on cash: 0.52% Traditional cash on cash: 1.78% Airbnb Rental Income: $2273 Traditional Rental Income: $2819 Airbnb ROI: 0.52% Traditional ROI: 1.78%
8563 N Lick Creek Rd Morgantown, IN 8563 N Lick Creek Rd, Morgantown, IN 46160 \| Single Family Residential	4 beds \| 1 baths \| 2,380 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.74% Airbnb Rental Income: $null Traditional Rental Income: $1735 Airbnb ROI: N/A Traditional ROI: 1.74%
5053 Bittersweet Rd Morgantown, IN This private retreat is just what you have been waiting for. Sq. ft. is a total of 1190 wi...	1 beds \| 1 baths \| 1,190 sq.ft.	$289,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 3.48% Airbnb Rental Income: $1848 Traditional Rental Income: $1547 Airbnb ROI: 2.77% Traditional ROI: 3.48%
2127 S 475 W Morgantown, IN 2127 S 475 W, Morgantown, IN 46160 \| Single Family Residential	2 beds \| 1 baths \| 1,636 sq.ft.	$247,500	Airbnb cash on cash: 3.74% Traditional cash on cash: 3.75% Airbnb Rental Income: $1905 Traditional Rental Income: $1400 Airbnb ROI: 3.74% Traditional ROI: 3.75%
7197 E Pine Needle Ln Morgantown, IN RARE CUSTOM-BUILT all BRICK RANCH on 3+ WOODED ACRES in INDIAN CREEK SCHOOLS! This STUNNIN...	3 beds \| 2 baths \| 2,010 sq.ft.	$639,000	Airbnb cash on cash: 0.86% Traditional cash on cash: 1.67% Airbnb Rental Income: $2273 Traditional Rental Income: $2188 Airbnb ROI: 0.86% Traditional ROI: 1.67%
6660 N Railroad Rd Morgantown, IN 6660 N Railroad Rd, Morgantown, IN 46160 \| Single Family Residential	2 beds \| 1 baths \| 1,440 sq.ft.	$275,000	Airbnb cash on cash: 3.19% Traditional cash on cash: 3.39% Airbnb Rental Income: $1905 Traditional Rental Income: $1449 Airbnb ROI: 3.19% Traditional ROI: 3.39%
2310 E Depperman Rd Morgantown, IN Looking for peace, privacy, and the freedom of country living? Tucked away at the end of a...	3 beds \| 2 baths \| 2,912 sq.ft.	$425,000	Airbnb cash on cash: 2.21% Traditional cash on cash: 3.74% Airbnb Rental Income: $2273 Traditional Rental Income: $2315 Airbnb ROI: 2.21% Traditional ROI: 3.74%
249 Grant St Morgantown, IN 249 Grant St, Morgantown, IN 46160 \| Multi Family	1 beds \| N/A baths \| 3,137 sq.ft.	$199,000	Airbnb cash on cash: 6.69% Traditional cash on cash: 3.84% Airbnb Rental Income: $2273 Traditional Rental Income: $1166 Airbnb ROI: 6.69% Traditional ROI: 3.84%
5462 Spearsville Rd Morgantown, IN 5462 Spearsville Rd, Morgantown, IN 46160 \| Single Family Residential	1 beds \| 1 baths \| 960 sq.ft.	$180,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 3.87% Airbnb Rental Income: $1848 Traditional Rental Income: $1072 Airbnb ROI: 5.5% Traditional ROI: 3.87%
162 W Robertson Morgantown, IN 162 W Robertson, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 1 baths \| 1,008 sq.ft.	$159,000	Airbnb cash on cash: 8.77% Traditional cash on cash: 7.53% Airbnb Rental Income: $2273 Traditional Rental Income: $1516 Airbnb ROI: 8.77% Traditional ROI: 7.53%
8236 N Lasalle Rd Morgantown, IN 8236 N Lasalle Rd, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 1 baths \| 1,920 sq.ft.	$349,900	Airbnb cash on cash: 3.06% Traditional cash on cash: 2.81% Airbnb Rental Income: $2273 Traditional Rental Income: $1622 Airbnb ROI: 3.06% Traditional ROI: 2.81%
1534 Hornettown Rd Morgantown, IN 1534 Hornettown Rd, Morgantown, IN 46160 \| Single Family Residential	2 beds \| 1 baths \| 2,450 sq.ft.	$399,900	Airbnb cash on cash: 1.64% Traditional cash on cash: 1.2% Airbnb Rental Income: $1905 Traditional Rental Income: $1232 Airbnb ROI: 1.64% Traditional ROI: 1.2%
2300 W Three Story Hill Rd Morgantown, IN 2300 W Three Story Hill Rd, Morgantown, IN 46160 \| Single Family Residential	2 beds \| 2 baths \| 1,641 sq.ft.	$399,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 3.21% Airbnb Rental Income: $1905 Traditional Rental Income: $1984 Airbnb ROI: 1.65% Traditional ROI: 3.21%
1760 S 575 W Morgantown, IN 1760 S 575 W, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 2 baths \| 2,333 sq.ft.	$550,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 2.23% Airbnb Rental Income: $2273 Traditional Rental Income: $2187 Airbnb ROI: 1.29% Traditional ROI: 2.23%
8045 N Ritter Rd Morgantown, IN 8045 N Ritter Rd, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 2 baths \| 1,848 sq.ft.	$475,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 2.92% Airbnb Rental Income: $2273 Traditional Rental Income: $2212 Airbnb ROI: 1.78% Traditional ROI: 2.92%
463 W Three Story Hl Morgantown, IN 463 W Three Story Hl, Morgantown, IN 46160 \| Single Family Residential	3 beds \| 2 baths \| 1,867 sq.ft.	$549,900	Airbnb cash on cash: 1.29% Traditional cash on cash: 2.22% Airbnb Rental Income: $2273 Traditional Rental Income: $2183 Airbnb ROI: 1.29% Traditional ROI: 2.22%

Real Estate investment in Morgantown, IN

There are 59 properties for sale in the city of Morgantown . The median list price in Morgantown is $234,859 and the average price per square foot is $102. In September 2026, the average monthly cash on cash return in Morgantown is 3.00%. The average monthly rental income in Morgantown is $1,989.

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

There are 59 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 $2,273.

Your search for investment property begins and ends here

Investment Property for Sale in Morgantown, IN

8546 N Chickadee Dr

Morgantown, IN

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

$439,900

Airbnb cash on cash: 2.63%

Traditional cash on cash: 5.15%

Airbnb Rental Income: $2273

Traditional Rental Income: $2744

Airbnb ROI: 2.63%

Traditional ROI: 5.15%

7897 N Lasalle Rd

Morgantown, IN

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

$446,500

Airbnb cash on cash: 2.53%

Traditional cash on cash: 2.43%

Airbnb Rental Income: $2273

Traditional Rental Income: $1664

Airbnb ROI: 2.53%

Traditional ROI: 2.43%

1825 W Three Story Hill Rd

Morgantown, IN

3 beds | 2 baths | 2,912 sq.ft.

$299,900

Airbnb cash on cash: 4.47%

Traditional cash on cash: 6.32%

Airbnb Rental Income: $2273

Traditional Rental Income: $2228

Airbnb ROI: 4.47%

Traditional ROI: 6.32%

7351 Homestead Rd

Morgantown, IN

4 beds | 2 baths | 1,384 sq.ft.

$525,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.17%

Airbnb Rental Income: $null

Traditional Rental Income: $2397

Airbnb ROI: N/A

Traditional ROI: 3.17%

8551 N Lick Creek Rd

Morgantown, IN

3 beds | 2 baths | 1,716 sq.ft.

$240,000

Airbnb cash on cash: 5.93%

Traditional cash on cash: 7.65%

Airbnb Rental Income: $2273

Traditional Rental Income: $2097

Airbnb ROI: 5.93%

Traditional ROI: 7.65%

8666 Bear Creek Rd

Morgantown, IN

1 beds | 1 baths | 1,924 sq.ft.

$474,900

Airbnb cash on cash: 1.46%

Traditional cash on cash: 1.37%

Airbnb Rental Income: $1848

Traditional Rental Income: $1315

Airbnb ROI: 1.46%

Traditional ROI: 1.37%

9278 E Cooper Rd

Morgantown, IN

2 beds | 2 baths | 2,592 sq.ft.

$500,000

Airbnb cash on cash: 0.95%

Traditional cash on cash: 1.78%

Airbnb Rental Income: $1905

Traditional Rental Income: $1786

Airbnb ROI: 0.95%

Traditional ROI: 1.78%

7143 W 50 S

Morgantown, IN

4 beds | 2 baths | 2,736 sq.ft.

$900,000

Airbnb cash on cash: N/A

Traditional cash on cash: 0.63%

Airbnb Rental Income: $null

Traditional Rental Income: $2166

Airbnb ROI: N/A