Indiana Multi Family Homes for Sale

Real Estate Investment Properties for Sale in Indiana

Looking for investment property in Indiana with high ROI ?

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

Multi Family for Sale in Indiana

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

Showing 318 Multi Family 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
900 E Cherry St Petersburg, IN Great opportunity for investors! This large historic-style home has been converted into 3 ...	6 beds \| 3 baths \| 2,316 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $2446 Airbnb ROI: N/A Traditional ROI: 7.4%
311 Eastern Ave Indianapolis, IN SELLER FINANCING available on this turnkey duplex! Desired terms: 6% interest, 5 year ball...	4 beds \| N/A baths \| 2,200 sq.ft.	$245,000	Airbnb cash on cash: 0.64% Traditional cash on cash: 2.33% Airbnb Rental Income: $937 Traditional Rental Income: $983 Airbnb ROI: 0.64% Traditional ROI: 2.33%
1102 N Dearborn St Indianapolis, IN Turnkey duplex in Brookside neighborhood, just 5 minutes from downtown Indianapolis. Featu...	5 beds \| N/A baths \| 2,693 sq.ft.	$229,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.2% Airbnb Rental Income: $826 Traditional Rental Income: $996 Airbnb ROI: -0.09% Traditional ROI: 2.2%
401 S Randolph St Indianapolis, IN Investor or House Hack Opportunity Near Fountain Square! Discover this duplex featuring t...	4 beds \| N/A baths \| 3,808 sq.ft.	$194,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.15% Airbnb Rental Income: $1009 Traditional Rental Income: $978 Airbnb ROI: 1.38% Traditional ROI: 3.15%
1629/1631 Carrollton Ave Indianapolis, IN Newly updated and income producing double unit with the option to build a carriage house/g...	6 beds \| N/A baths \| 7,176,939 sq.ft.	$600,000	Airbnb cash on cash: -0.08% Traditional cash on cash: 1.57% Airbnb Rental Income: $1147 Traditional Rental Income: $1692 Airbnb ROI: -0.08% Traditional ROI: 1.57%
3819 Boulevard Pl Indianapolis, IN TURNKEY DUPLEX (or really close). Newer Heat & AC, appliances, roof, siding, gutters, pain...	3 beds \| 2 baths \| N/A	$204,900	Airbnb cash on cash: 2.2% Traditional cash on cash: 2.65% Airbnb Rental Income: $1322 Traditional Rental Income: $1000 Airbnb ROI: 2.2% Traditional ROI: 2.65%
1226 Saint Paul St Indianapolis, IN Lots of potential with this duplex. One of only a few houses in the area that actually has...	4 beds \| 2 baths \| N/A	$289,000	Airbnb cash on cash: -0.8% Traditional cash on cash: 3.93% Airbnb Rental Income: $545 Traditional Rental Income: $1553 Airbnb ROI: -0.8% Traditional ROI: 3.93%
50 S Colorado Ave Indianapolis, IN Move in ready Duplex with 1 bedroom, a bonus room and 1 bathroom on each side. One unit is...	1 beds \| N/A baths \| 1,400 sq.ft.	$134,400	Airbnb cash on cash: 1.24% Traditional cash on cash: 4.24% Airbnb Rental Income: $826 Traditional Rental Income: $886 Airbnb ROI: 1.24% Traditional ROI: 4.24%
1419 S 9th Street Noblesville, IN Exceptional Investment Opportunity in High-Demand Noblesville! Don't miss your chance to ...	N/A beds \| N/A baths \| N/A	$350,000	Airbnb cash on cash: 1.19% Traditional cash on cash: 1.94% Airbnb Rental Income: $1468 Traditional Rental Income: $1282 Airbnb ROI: 1.19% Traditional ROI: 1.94%
2619 E 5th St Bloomington, IN Check out this prime rental property in the Green Acres neighborhood. Currently rented at...	3 beds \| 1 baths \| 928 sq.ft.	$324,900	Airbnb cash on cash: 1.04% Traditional cash on cash: 1.82% Airbnb Rental Income: $1412 Traditional Rental Income: $1228 Airbnb ROI: 1.04% Traditional ROI: 1.82%
60 S Mount Street Indianapolis, IN Looking for an income generating duplex minutes from downtown? This duplex has two townhom...	N/A beds \| N/A baths \| N/A	$159,900	Airbnb cash on cash: -1.04% Traditional cash on cash: 3.39% Airbnb Rental Income: $725 Traditional Rental Income: $1091 Airbnb ROI: -1.04% Traditional ROI: 3.39%
2101 27th St Bedford, IN Great opportunity to own this charming 4 plex in Bedford. Located on the corner of 27th S...	8 beds \| 4 baths \| 3,016 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.11% Airbnb Rental Income: $null Traditional Rental Income: $2606 Airbnb ROI: N/A Traditional ROI: 7.11%
626-628 N Oxford Street Indianapolis, IN Turnkey duplex in a rapidly growing area-perfect for investors! This all-brick property fe...	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: 1.29% Traditional cash on cash: 3.53% Airbnb Rental Income: $937 Traditional Rental Income: $944 Airbnb ROI: 1.29% Traditional ROI: 3.53%
417 W 39th St Indianapolis, IN INVESTOR ALERT! Located in the highly regarded Butler Tarkington neighborhood, 417-419 W 3...	5 beds \| N/A baths \| 2,570 sq.ft.	$250,000	Airbnb cash on cash: 3.76% Traditional cash on cash: 0.82% Airbnb Rental Income: $2131 Traditional Rental Income: $892 Airbnb ROI: 3.76% Traditional ROI: 0.82%
833 N Gladstone Ave Indianapolis, IN Partial rehab 85-90% complete, waiting for your finishing touches, the Interior has been p...	2 beds \| N/A baths \| 1,066 sq.ft.	$137,500	Airbnb cash on cash: 2.4% Traditional cash on cash: 5.57% Airbnb Rental Income: $937 Traditional Rental Income: $1010 Airbnb ROI: 2.4% Traditional ROI: 5.57%
97-99 E 1350 N Wheatfield, IN INVESTORS!! Take a look at this tastefully remodeled all brick duplex in the growing Wheat...	4 beds \| 2 baths \| 1,440 sq.ft.	$269,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.74% Airbnb Rental Income: $null Traditional Rental Income: $1513 Airbnb ROI: N/A Traditional ROI: 3.74%
817 W 53rd Street Anderson, IN Investor opportunity in convenient Anderson location. All brick duplex. Both sides have 1 ...	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.22% Airbnb Rental Income: $850 Traditional Rental Income: $1047 Airbnb ROI: 0.54% Traditional ROI: 4.22%
717 N Grant Ave Indianapolis, IN Welcome to 717-719 N Grant Ave, an exceptional duplex in the improving near east side neig...	3 beds \| 2 baths \| N/A	$275,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 1.95% Airbnb Rental Income: $937 Traditional Rental Income: $972 Airbnb ROI: 0.49% Traditional ROI: 1.95%
2455 Shelby St Indianapolis, IN Discover the inviting multi-family residence, a ready-to-move-in property awaiting its nex...	8 beds \| N/A baths \| 3,058 sq.ft.	$445,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 1.42% Airbnb Rental Income: $332 Traditional Rental Income: $1310 Airbnb ROI: -1.51% Traditional ROI: 1.42%
1624 S J St Elwood, IN Vintage duplex in good condition on south side of Elwood. Two-story with 2 five room apart...	6 beds \| N/A baths \| 2,000 sq.ft.	$130,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.39% Airbnb Rental Income: $null Traditional Rental Income: $1733 Airbnb ROI: N/A Traditional ROI: 11.39%
4811 E Michigan St Indianapolis, IN Incredible four plex opportunity. This investment property features covered porches, a spa...	5 beds \| N/A baths \| 2,483 sq.ft.	$250,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.09% Airbnb Rental Income: $937 Traditional Rental Income: $777 Airbnb ROI: 0.31% Traditional ROI: 1.09%
1747 S Meridian St Indianapolis, IN Two properties adjacent to one another. Commercial building approximately 2000 sq ft and a...	6 beds \| N/A baths \| 6,540 sq.ft.	$550,000	Airbnb cash on cash: -0.97% Traditional cash on cash: 1.84% Airbnb Rental Income: $620 Traditional Rental Income: $1770 Airbnb ROI: -0.97% Traditional ROI: 1.84%
1514 Ringgold Ave Indianapolis, IN 1514 Ringgold Ave, Indianapolis, IN 46203 \| Multi Family	6 beds \| N/A baths \| 3,223,920 sq.ft.	$310,000	Airbnb cash on cash: -0.22% Traditional cash on cash: 3.48% Airbnb Rental Income: $815 Traditional Rental Income: $1571 Airbnb ROI: -0.22% Traditional ROI: 3.48%
4912 E Washington St Indianapolis, IN This Bosart Brown gold-mine has a ton of potential for someone with vision. The home is te...	6 beds \| N/A baths \| 2,900 sq.ft.	$251,000	Airbnb cash on cash: 0.49% Traditional cash on cash: 5.5% Airbnb Rental Income: $937 Traditional Rental Income: $1779 Airbnb ROI: 0.49% Traditional ROI: 5.5%
2805 Boulevard Pl Indianapolis, IN Welcome to 2805 Boulevard Place - a versatile top/bottom duplex in the rapidly developing ...	4 beds \| N/A baths \| 2,960 sq.ft.	$199,000	Airbnb cash on cash: -0.09% Traditional cash on cash: 2.01% Airbnb Rental Income: $921 Traditional Rental Income: $976 Airbnb ROI: -0.09% Traditional ROI: 2.01%
102 N Denny St Indianapolis, IN Near East side duplex in Tuxedo Park, with 3 bedrooms, 1 bathroom, full basement and cover...	6 beds \| N/A baths \| 236,900 sq.ft.	$195,000	Airbnb cash on cash: -1.03% Traditional cash on cash: 1.85% Airbnb Rental Income: $826 Traditional Rental Income: $1034 Airbnb ROI: -1.03% Traditional ROI: 1.85%
1931 N Oxford Street Indianapolis, IN Excellent opportunity for investors and house hackers seeking a solid duplex with upside i...	N/A beds \| N/A baths \| N/A	$135,000	Airbnb cash on cash: 1.82% Traditional cash on cash: 4.04% Airbnb Rental Income: $954 Traditional Rental Income: $894 Airbnb ROI: 1.82% Traditional ROI: 4.04%
1503 S 7th St Terre Haute, IN	1 beds \| N/A baths \| N/A	$210,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 3.69% Airbnb Rental Income: $768 Traditional Rental Income: $1317 Airbnb ROI: -0.66% Traditional ROI: 3.69%
204 Washington Park Blvd Michigan City, IN CALLING ALL INVESTORS!! 2 UNIT RENTAL OPPORTUNITY in Sheridan Beach with some Lake Michiga...	4 beds \| 4 baths \| 1,836 sq.ft.	$595,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 1.95% Airbnb Rental Income: $1053 Traditional Rental Income: $2202 Airbnb ROI: -0.77% Traditional ROI: 1.95%
2413 S Gharkey Street Muncie, IN Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie...	N/A beds \| N/A baths \| N/A	$109,900	Airbnb cash on cash: 5.96% Traditional cash on cash: 7.25% Airbnb Rental Income: $1298 Traditional Rental Income: $1030 Airbnb ROI: 5.96% Traditional ROI: 7.25%
3042-3044 English Ave Indianapolis, IN Duplex on near East side of Indianapolis. Both units have 1 bedroom and 1 full bath with K...	1 beds \| N/A baths \| 260 sq.ft.	$160,000	Airbnb cash on cash: 0.28% Traditional cash on cash: 2.98% Airbnb Rental Income: $791 Traditional Rental Income: $883 Airbnb ROI: 0.28% Traditional ROI: 2.98%
926-928 N Leland Ave Indianapolis, IN This property is part of a portfolio for sale that must be sold as one package. Please se...	2 beds \| N/A baths \| 1,242 sq.ft.	$148,000	Airbnb cash on cash: 0.4% Traditional cash on cash: 3.04% Airbnb Rental Income: $857 Traditional Rental Income: $899 Airbnb ROI: 0.4% Traditional ROI: 3.04%
1701 Woodlawn Avenue Indianapolis, IN Discover an exceptional opportunity in the heart of Fountain Square, one of Indianapolis' ...	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: -0.75% Traditional cash on cash: 3.88% Airbnb Rental Income: $815 Traditional Rental Income: $1795 Airbnb ROI: -0.75% Traditional ROI: 3.88%
3547 N Illinois St Indianapolis, IN This is a great investment property for the right person! This home offers two identical u...	2 beds \| N/A baths \| 2,088 sq.ft.	$310,500	Airbnb cash on cash: 1.4% Traditional cash on cash: 1.08% Airbnb Rental Income: $1322 Traditional Rental Income: $818 Airbnb ROI: 1.4% Traditional ROI: 1.08%
40 N Lasalle St Indianapolis, IN Welcome to 40 N Lasalle, where this charming duplex awaits you! This is the perfect opport...	4 beds \| N/A baths \| 2,964 sq.ft.	$209,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.55% Airbnb Rental Income: $null Traditional Rental Income: $912 Airbnb ROI: N/A Traditional ROI: 2.55%
1017 S 7th St Terre Haute, IN	1 beds \| N/A baths \| N/A	$68,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 8.89% Airbnb Rental Income: $768 Traditional Rental Income: $977 Airbnb ROI: 1.2% Traditional ROI: 8.89%
421 E North St Hartford City, IN This exceptional duplex offers a unique opportunity for investors and owner-occupants! Whe...	6 beds \| N/A baths \| 2,669 sq.ft.	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 11.54% Airbnb Rental Income: $null Traditional Rental Income: $2361 Airbnb ROI: N/A Traditional ROI: 11.54%
3739 E Market St Indianapolis, IN RARE TURNKEY FOURPLEX CLOSE TO DOWNTOWN AND UNDER 500K !! STUDS IN/OUT RENOVATION CREATE...	8 beds \| N/A baths \| 19,200 sq.ft.	$480,000	Airbnb cash on cash: -0.23% Traditional cash on cash: 0.72% Airbnb Rental Income: $937 Traditional Rental Income: $1015 Airbnb ROI: -0.23% Traditional ROI: 0.72%
224 Tinkler St Lafayette, IN Turnkey 4-Unit Investment Opportunity Alert! Donât miss this beautifully updated four-un...	4 beds \| 4 baths \| 3,332 sq.ft.	$415,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.8% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 2.8%
1718 & 1720 12th St Bedford, IN Wonderful opportunity! This 1 bedroom, 1 bath duplex is in a great part of town and is wa...	2 beds \| 2 baths \| 1,510 sq.ft.	$165,000	Airbnb cash on cash: 0.81% Traditional cash on cash: 9.26% Airbnb Rental Income: $892 Traditional Rental Income: $1884 Airbnb ROI: 0.81% Traditional ROI: 9.26%

Your search for investment property begins and ends here

Multi Family for Sale in Indiana

900 E Cherry St

Petersburg, IN

6 beds | 3 baths | 2,316 sq.ft.

$275,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.4%

Airbnb Rental Income: $null

Traditional Rental Income: $2446

Airbnb ROI: N/A

Traditional ROI: 7.4%

311 Eastern Ave

Indianapolis, IN

4 beds | N/A baths | 2,200 sq.ft.

$245,000

Airbnb cash on cash: 0.64%

Traditional cash on cash: 2.33%

Airbnb Rental Income: $937

Traditional Rental Income: $983

Airbnb ROI: 0.64%

Traditional ROI: 2.33%

1102 N Dearborn St

Indianapolis, IN

5 beds | N/A baths | 2,693 sq.ft.

$229,000

Airbnb cash on cash: -0.09%

Traditional cash on cash: 2.2%

Airbnb Rental Income: $826

Traditional Rental Income: $996

Airbnb ROI: -0.09%

Traditional ROI: 2.2%

401 S Randolph St

Indianapolis, IN

4 beds | N/A baths | 3,808 sq.ft.

$194,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 3.15%

Airbnb Rental Income: $1009

Traditional Rental Income: $978

Airbnb ROI: 1.38%

Traditional ROI: 3.15%

1629/1631 Carrollton Ave

Indianapolis, IN

6 beds | N/A baths | 7,176,939 sq.ft.

$600,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 1.57%

Airbnb Rental Income: $1147

Traditional Rental Income: $1692

Airbnb ROI: -0.08%

Traditional ROI: 1.57%

3819 Boulevard Pl

Indianapolis, IN

3 beds | 2 baths | N/A

$204,900

Airbnb cash on cash: 2.2%

Traditional cash on cash: 2.65%

Airbnb Rental Income: $1322

Traditional Rental Income: $1000

Airbnb ROI: 2.2%

Traditional ROI: 2.65%

1226 Saint Paul St

Indianapolis, IN

4 beds | 2 baths | N/A

$289,000

Airbnb cash on cash: -0.8%

Traditional cash on cash: 3.93%

Airbnb Rental Income: $545

Traditional Rental Income: $1553

Airbnb ROI: -0.8%

Traditional ROI: 3.93%

50 S Colorado Ave

Indianapolis, IN

1 beds | N/A baths | 1,400 sq.ft.

$134,400

Airbnb cash on cash: 1.24%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $826

Traditional Rental Income: $886

Airbnb ROI: 1.24%