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 282 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.	$265,000	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%
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%
1419 S 9th Street Noblesville, IN Exceptional Investment Opportunity in High-Demand Noblesville! Don't miss your chance to ...	6 beds \| 3 baths \| N/A	$350,000	Airbnb cash on cash: 3.93% Traditional cash on cash: 1.94% Airbnb Rental Income: $2551 Traditional Rental Income: $1282 Airbnb ROI: 3.93% 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.	$314,900	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 St Indianapolis, IN Looking for an income generating duplex minutes from downtown? This duplex has two townhom...	4 beds \| N/A baths \| 4,608 sq.ft.	$159,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 3.39% Airbnb Rental Income: $781 Traditional Rental Income: $1091 Airbnb ROI: -0.73% Traditional ROI: 3.39%
720 N Jefferson St Rensselaer, IN GREAT INVESTMENT OPPORTUNITY! This 2 unit multi-family property offers a 2 bdrm/2bath apar...	4 beds \| 3 baths \| N/A	$169,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.33% Airbnb Rental Income: $null Traditional Rental Income: $1774 Airbnb ROI: N/A Traditional ROI: 8.33%
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%
332 S Main St Montpelier, IN Triplex with monthly income of $1833 (Unit A $700, Unit B $455, Unit C $678) Owner pays wa...	4 beds \| 3 baths \| 2,691 sq.ft.	$169,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.3% Airbnb Rental Income: $null Traditional Rental Income: $1510 Airbnb ROI: N/A Traditional ROI: 7.3%
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.	$425,000	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%
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%
28 S Dearborn St Indianapolis, IN Great investment opportunity. Fully remodeled Duplex minutes away from downtown Indy; both...	5 beds \| N/A baths \| 2,266 sq.ft.	$269,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 5.38% Airbnb Rental Income: $826 Traditional Rental Income: $1845 Airbnb ROI: 0.19% Traditional ROI: 5.38%
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.	$190,000	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%
339 E Washington St Greensburg, IN 2 unit rental property located within walking distance to downtown Greensburg. New vinyl s...	3 beds \| N/A baths \| 2,252 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.18% Airbnb Rental Income: $null Traditional Rental Income: $1473 Airbnb ROI: N/A Traditional ROI: 5.18%
2912-2914 Collier St Indianapolis, IN LOW PRICE!!! 2 properties recently updated on the southwest side of Indianapolis with a hi...	4 beds \| N/A baths \| 1,488 sq.ft.	$149,950	Airbnb cash on cash: 1.74% Traditional cash on cash: 5.59% Airbnb Rental Income: $833 Traditional Rental Income: $983 Airbnb ROI: 1.74% Traditional ROI: 5.59%
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%
2413 S Gharkey Street Muncie, IN Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie...	7 beds \| 2 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: -1.06% Traditional cash on cash: 2.98% Airbnb Rental Income: $545 Traditional Rental Income: $883 Airbnb ROI: -1.06% Traditional ROI: 2.98%
1714 M St Bedford, IN Great Investment Property! 100% occupied. Three 1BD/1BA and One 2BD/1BA apartment. There i...	5 beds \| 4 baths \| 3,328 sq.ft.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.08% Airbnb Rental Income: $null Traditional Rental Income: $3123 Airbnb ROI: N/A Traditional ROI: 10.08%
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.	$204,900	Airbnb cash on cash: 0.48% Traditional cash on cash: 2.55% Airbnb Rental Income: $826 Traditional Rental Income: $912 Airbnb ROI: 0.48% Traditional ROI: 2.55%
1017 S 7th St Terre Haute, IN	1 beds \| N/A baths \| N/A	$41,400	Airbnb cash on cash: 1.87% Traditional cash on cash: 11.91% Airbnb Rental Income: $768 Traditional Rental Income: $977 Airbnb ROI: 1.87% Traditional ROI: 11.91%
421 E North St Hartford City, IN This exceptional duplex offers a unique opportunity for investors and owner-occupants! Whe...	6 beds \| 4 baths \| N/A	$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%
1011 Lake Ave Fort Wayne, IN Turnkey 4-Plex, fully occupied generating $3,497 monthly income, ideally located within wa...	4 beds \| 4 baths \| 2,300 sq.ft.	$320,000	Airbnb cash on cash: 2.13% Traditional cash on cash: 3.08% Airbnb Rental Income: $1678 Traditional Rental Income: $1496 Airbnb ROI: 2.13% Traditional ROI: 3.08%
1027 Lake Ave Fort Wayne, IN Turnkey 4-Plex, fully occupied, generating $3,651 monthly income, ideally located within w...	4 beds \| 4 baths \| 2,448 sq.ft.	$330,000	Airbnb cash on cash: 2.04% Traditional cash on cash: 2.92% Airbnb Rental Income: $1678 Traditional Rental Income: $1483 Airbnb ROI: 2.04% Traditional ROI: 2.92%
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.	$399,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.95% Airbnb Rental Income: $null Traditional Rental Income: $1852 Airbnb ROI: N/A Traditional ROI: 2.95%
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%
1629 Ewing Avenue Evansville, IN Great duplex investment opportunity on the Westside. Upstairs unit was fully remodeled in ...	4 beds \| 2 baths \| 2,064 sq.ft.	$164,900	Airbnb cash on cash: 2.81% Traditional cash on cash: 9.12% Airbnb Rental Income: $1201 Traditional Rental Income: $1805 Airbnb ROI: 2.81% Traditional ROI: 9.12%
315 Dalman Ave Fort Wayne, IN This is a great investment property. We have 3 vacant apartments. Apartment 1 has 2 bedroo...	6 beds \| 5 baths \| 5,093 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5% Airbnb Rental Income: $null Traditional Rental Income: $2708 Airbnb ROI: N/A Traditional ROI: 5%
1358 Chestnut St Terre Haute, IN	2 beds \| N/A baths \| N/A	$425,000	Airbnb cash on cash: 0.29% Traditional cash on cash: 1.82% Airbnb Rental Income: $1157 Traditional Rental Income: $1382 Airbnb ROI: 0.29% Traditional ROI: 1.82%
107 N Us Highway 27 Fountain City, IN Amazing investment opportunity with this 4 Plex in Fountain City. Hard to find 4 Plex w/ i...	7 beds \| N/A baths \| 3,000 sq.ft.	$159,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.23% Airbnb Rental Income: $null Traditional Rental Income: $881 Airbnb ROI: N/A Traditional ROI: 3.23%
132-136 S Elgin St Griffith, IN Investor-ready duplex with immediate cash flow and upside potential! This updated duplex i...	4 beds \| 2 baths \| N/A	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.89% Airbnb Rental Income: $null Traditional Rental Income: $1391 Airbnb ROI: N/A Traditional ROI: 1.89%
713 N Main St West Baden Springs, IN PRICE REDUCTION*** Wonderful investment opportunity in historical West Baden Springs! Loo...	1 beds \| N/A baths \| 3,913 sq.ft.	$689,900	Airbnb cash on cash: -0.67% Traditional cash on cash: 1.88% Airbnb Rental Income: $923 Traditional Rental Income: $2217 Airbnb ROI: -0.67% Traditional ROI: 1.88%
300 & 302 Yockey Estates Mitchell, IN This property has endless potential! Rent the units, live in one side and rent the other o...	4 beds \| 2 baths \| 1,924 sq.ft.	$139,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.62% Airbnb Rental Income: $null Traditional Rental Income: $1719 Airbnb ROI: N/A Traditional ROI: 9.62%
402 E 1st St Bloomington, IN Here's your chance to own a 1920's 5 bedroom, 3 bath investment property in the heart of B...	5 beds \| 3 baths \| 2,455 sq.ft.	$744,900	Airbnb cash on cash: -0.56% Traditional cash on cash: 2.64% Airbnb Rental Income: $1564 Traditional Rental Income: $3399 Airbnb ROI: -0.56% Traditional ROI: 2.64%
407 W Pike St St Vevay, IN Nice quality Duplex located in Vevay! This Duplex was custom built in 2012. Each unit has ...	N/A beds \| N/A baths \| 2,658 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $2153 Airbnb ROI: N/A Traditional ROI: 6.22%
111 S Porter St Michigan City, IN Attention investors! Three unit building in need of updating, reflected in price. 2 units ...	6 beds \| 3 baths \| 3,670 sq.ft.	$159,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 8.59% Airbnb Rental Income: $1053 Traditional Rental Income: $1688 Airbnb ROI: 2.05% Traditional ROI: 8.59%
812 Huestis Ave Fort Wayne, IN Calling all investors! Duplex for sale near Electric Works! Both units feature newer carpe...	4 beds \| 2 baths \| 2,100 sq.ft.	$134,900	Airbnb cash on cash: 0.2% Traditional cash on cash: 9.64% Airbnb Rental Income: $637 Traditional Rental Income: $1565 Airbnb ROI: 0.2% Traditional ROI: 9.64%
222 Broadmoor Ave Munster, IN Nice corner lot Munster brick ranch duplex. One unit (8110 Meadow) has 2 bedrooms and 1 ba...	5 beds \| 3 baths \| 2,063 sq.ft.	$439,900	Airbnb cash on cash: 0.71% Traditional cash on cash: 3.43% Airbnb Rental Income: $1603 Traditional Rental Income: $2266 Airbnb ROI: 0.71% Traditional ROI: 3.43%
706 S Ellsworth St Milan, IN Solid income-producing duplex in a convenient location with strong rental appeal. Each uni...	N/A beds \| N/A baths \| 1,371 sq.ft.	$119,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.81% Airbnb Rental Income: $null Traditional Rental Income: $918 Airbnb ROI: N/A Traditional ROI: 4.81%
2302 W 37th Ave Hobart, IN Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	4 beds \| 2 baths \| 2,401 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.19% Airbnb Rental Income: $null Traditional Rental Income: $1844 Airbnb ROI: N/A Traditional ROI: 5.19%

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.

$265,000

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%

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%

1419 S 9th Street

Noblesville, IN

6 beds | 3 baths | N/A

$350,000

Airbnb cash on cash: 3.93%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $2551

Traditional Rental Income: $1282

Airbnb ROI: 3.93%

Traditional ROI: 1.94%

2619 E 5th St

Bloomington, IN

3 beds | 1 baths | 928 sq.ft.

$314,900

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 St

Indianapolis, IN

4 beds | N/A baths | 4,608 sq.ft.

$159,900

Airbnb cash on cash: -0.73%

Traditional cash on cash: 3.39%

Airbnb Rental Income: $781

Traditional Rental Income: $1091

Airbnb ROI: -0.73%

Traditional ROI: 3.39%

720 N Jefferson St

Rensselaer, IN

4 beds | 3 baths | N/A

$169,900

Airbnb cash on cash: N/A

Traditional cash on cash: 8.33%

Airbnb Rental Income: $null

Traditional Rental Income: $1774

Airbnb ROI: N/A

Traditional ROI: 8.33%

2101 27th St

Bedford, IN

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