Indiana Townhouses 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.

Townhouses for Sale in Indiana

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

Showing 11,805 Townhouses 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
824 E Minnesota Street Indianapolis, IN This home screams modern charm! Welcome to this updated 4 bedroom, 2 bath home in Bates-He...	4 beds \| 2 baths \| 2,122 sq.ft.	$370,000	Airbnb cash on cash: 2.59% Traditional cash on cash: 5.01% Airbnb Rental Income: $1941 Traditional Rental Income: $2267 Airbnb ROI: 2.59% Traditional ROI: 5.01%
5633 Newhall Place Indianapolis, IN Nestled at 5633 Newhall PL, INDIANAPOLIS, IN, this single-family residence in Marion Count...	4 beds \| 3 baths \| 2,842 sq.ft.	$360,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.9% Airbnb Rental Income: $1765 Traditional Rental Income: $2621 Airbnb ROI: 1.94% Traditional ROI: 5.9%
422 W 41st Street Indianapolis, IN This newly renovated single-family residence near Butler University presents a compelling ...	3 beds \| 2 baths \| 1,328 sq.ft.	$285,000	Airbnb cash on cash: 2.02% Traditional cash on cash: 4.6% Airbnb Rental Income: $1402 Traditional Rental Income: $1674 Airbnb ROI: 2.02% Traditional ROI: 4.6%
206 N Beville Avenue Indianapolis, IN Be the first to live in this fully renovated 5 bed 3 bath home nestled near the heart of d...	5 beds \| 3 baths \| 2,850 sq.ft.	$295,000	Airbnb cash on cash: 4.73% Traditional cash on cash: 7.95% Airbnb Rental Income: $2528 Traditional Rental Income: $2814 Airbnb ROI: 4.73% Traditional ROI: 7.95%
1444 E Elbert Street Indianapolis, IN Discover the perfect blend of charm and convenience at 1444 E Elbert Street. This inviting...	2 beds \| 1 baths \| 912 sq.ft.	$199,900	Airbnb cash on cash: 2.03% Traditional cash on cash: 3.37% Airbnb Rental Income: $1353 Traditional Rental Income: $1193 Airbnb ROI: 2.03% Traditional ROI: 3.37%
4111 W Peachtree Lane Muncie, IN Welcome to this charming 3 bed, 2 bath ranch-style home featuring a beautifully refinished...	3 beds \| 2 baths \| 1,806 sq.ft.	$249,900	Airbnb cash on cash: 2.19% Traditional cash on cash: 6.97% Airbnb Rental Income: $1388 Traditional Rental Income: $2097 Airbnb ROI: 2.19% Traditional ROI: 6.97%
350 N Meridian Street #505 Indianapolis, IN Nestled at 350 N Meridian St Unit 505 in the historic Indianapolis Athletic Club Lofts, th...	1 beds \| 2 baths \| 801 sq.ft.	$219,900	Airbnb cash on cash: 1.09% Traditional cash on cash: -0.16% Airbnb Rental Income: $1851 Traditional Rental Income: $1092 Airbnb ROI: 1.09% Traditional ROI: -0.16%
7314 S Willowbrook Drive Lowell, IN Welcome to this charming ranch in Lowell - a perfect starter home or a comfortable option ...	3 beds \| 1 baths \| 960 sq.ft.	$249,900	Airbnb cash on cash: 3.42% Traditional cash on cash: 3.69% Airbnb Rental Income: $1777 Traditional Rental Income: $1355 Airbnb ROI: 3.42% Traditional ROI: 3.69%
5626 Massachusetts Street Merrillville, IN Welcome to your perfect starter home or investment property! This 1,536 sq. ft. two-story ...	3 beds \| 2 baths \| 1,536 sq.ft.	$215,000	Airbnb cash on cash: 7.22% Traditional cash on cash: 5.95% Airbnb Rental Income: $2818 Traditional Rental Income: $1901 Airbnb ROI: 7.22% Traditional ROI: 5.95%
1413 S New Jersey Street Indianapolis, IN Here's a super charming 2 bed 2 bath house on the best street in the heart of Bates-Hendri...	2 beds \| 2 baths \| 882 sq.ft.	$235,000	Airbnb cash on cash: 3.86% Traditional cash on cash: 3.6% Airbnb Rental Income: $1859 Traditional Rental Income: $1302 Airbnb ROI: 3.86% Traditional ROI: 3.6%
2250 N Capitol Avenue Indianapolis, IN Come check out this amazingly beautiful, very spacious and totally renovated house that wi...	4 beds \| 3 baths \| 2,751 sq.ft.	$449,000	Airbnb cash on cash: 1.71% Traditional cash on cash: 4.01% Airbnb Rental Income: $2133 Traditional Rental Income: $2552 Airbnb ROI: 1.71% Traditional ROI: 4.01%
1009 N Park Avenue Indianapolis, IN Discover unparalleled city living in this sophisticated 2-bedroom, 2.5-bathroom residence,...	2 beds \| 3 baths \| 1,502 sq.ft.	$439,900	Airbnb cash on cash: 1.03% Traditional cash on cash: 3.52% Airbnb Rental Income: $1852 Traditional Rental Income: $2381 Airbnb ROI: 1.03% Traditional ROI: 3.52%
1624 Fletcher Avenue Indianapolis, IN Live your best new era in this quintessential Fountain Square home. The 2 bed/2 full bath ...	2 beds \| 2 baths \| 1,630 sq.ft.	$299,900	Airbnb cash on cash: 2.25% Traditional cash on cash: 4.19% Airbnb Rental Income: $1725 Traditional Rental Income: $1796 Airbnb ROI: 2.25% Traditional ROI: 4.19%
6336 Green Leaves Road Indianapolis, IN Welcome to this charming all-brick ranch in the desirable Devonshire neighborhood of Washi...	3 beds \| 2 baths \| 2,006 sq.ft.	$349,900	Airbnb cash on cash: 2.9% Traditional cash on cash: 5.23% Airbnb Rental Income: $2065 Traditional Rental Income: $2299 Airbnb ROI: 2.9% Traditional ROI: 5.23%
450 E Ohio Street #118 Indianapolis, IN Discover the ultimate urban lifestyle at The Packard! This lovely condo is everything you'...	2 beds \| 3 baths \| 1,711 sq.ft.	$399,000	Airbnb cash on cash: -1.23% Traditional cash on cash: 1.55% Airbnb Rental Income: $1852 Traditional Rental Income: $2395 Airbnb ROI: -1.23% Traditional ROI: 1.55%
1009 Broadway Street Indianapolis, IN Location, Location, Location! This 3-bed 1.5 bath townhouse with nearly 2,000 square feet ...	3 beds \| 2 baths \| 1,942 sq.ft.	$330,000	Airbnb cash on cash: 0.73% Traditional cash on cash: 4.3% Airbnb Rental Income: $1298 Traditional Rental Income: $2002 Airbnb ROI: 0.73% Traditional ROI: 4.3%
5512 Lunsford Drive Indianapolis, IN Welcome to this charming and fully updated 3-bedroom, 1.5-bath home located in desirable F...	3 beds \| 2 baths \| 1,290 sq.ft.	$227,000	Airbnb cash on cash: 4.08% Traditional cash on cash: 5.87% Airbnb Rental Income: $1709 Traditional Rental Income: $1621 Airbnb ROI: 4.08% Traditional ROI: 5.87%
1619 E Bradbury Avenue Indianapolis, IN $10,000 Grant Available for this Property! Welcome Home! 2 Bedroom Bungalow with Basement,...	2 beds \| 1 baths \| 885 sq.ft.	$139,900	Airbnb cash on cash: 6.96% Traditional cash on cash: 6.54% Airbnb Rental Income: $1725 Traditional Rental Income: $1192 Airbnb ROI: 6.96% Traditional ROI: 6.54%
9634 Maple Drive Carmel, IN	3 beds \| 3 baths \| 2,040 sq.ft.	$250,000	Airbnb cash on cash: 6.42% Traditional cash on cash: 8.79% Airbnb Rental Income: $2601 Traditional Rental Income: $2538 Airbnb ROI: 6.42% Traditional ROI: 8.79%
2120 Wynnedale Road Indianapolis, IN Discover this beautifully updated mid-century gem in the heart of Wynnedale! Nestled on a ...	3 beds \| 2 baths \| 1,759 sq.ft.	$400,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 4.73% Airbnb Rental Income: $1402 Traditional Rental Income: $2423 Airbnb ROI: 0.88% Traditional ROI: 4.73%
15324 N Lillian Street Edinburgh, IN MOTIVATED SELLER! POSSESSION AT CLOSING! If you're searching for a home with lots of outd...	3 beds \| 2 baths \| 1,540 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.32% Airbnb Rental Income: $null Traditional Rental Income: $2251 Airbnb ROI: N/A Traditional ROI: 8.32%
14324 Hearthwood Drive Fishers, IN Situated on this stunning pond lot in the desirable custom home community of Timberstone i...	4 beds \| 4 baths \| 5,194 sq.ft.	$725,000	Airbnb cash on cash: 0% Traditional cash on cash: 3.8% Airbnb Rental Income: $1910 Traditional Rental Income: $3973 Airbnb ROI: 0% Traditional ROI: 3.8%
50 Charing Cross Road Indianapolis, IN Seller is focused on making this move work for you-offering closing cost assistance, repai...	4 beds \| 3 baths \| 2,461 sq.ft.	$348,500	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.23% Airbnb Rental Income: $1334 Traditional Rental Income: $2319 Airbnb ROI: 0.96% Traditional ROI: 5.23%
1933 Millennium Crossing Fort Wayne, IN This stunning 2,700 sq ft home offers open-concept living on a picturesque pond lot! From ...	3 beds \| 3 baths \| 1,937 sq.ft.	$383,500	Airbnb cash on cash: 0.5% Traditional cash on cash: 3.67% Airbnb Rental Income: $1664 Traditional Rental Income: $2339 Airbnb ROI: 0.5% Traditional ROI: 3.67%
4313 W Moss Lane Bloomington, IN Tucked away on a serene one-acre lot in the highly desirable Moss Wood Estates, this beaut...	4 beds \| 4 baths \| 3,596 sq.ft.	$599,900	Airbnb cash on cash: -0.09% Traditional cash on cash: 4.31% Airbnb Rental Income: $1364 Traditional Rental Income: $3415 Airbnb ROI: -0.09% Traditional ROI: 4.31%
3966 N 300 E Huntington, IN BACK ON THE MARKET AT NO FAULT OF THE SELLER! OPEN HOUSE 9/7 1-3PM. Welcome to 3966 N 300 ...	4 beds \| 3 baths \| 3,364 sq.ft.	$400,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.66% Airbnb Rental Income: $null Traditional Rental Income: $3211 Airbnb ROI: N/A Traditional ROI: 6.66%
110 S 4th Street Decatur, IN Open House Monday 8/11 from 5-7 PM Welcome to 110 S 4th St â a spacious 2,600 sq ft hi...	5 beds \| 2 baths \| 2,600 sq.ft.	$214,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.37% Airbnb Rental Income: $null Traditional Rental Income: $2767 Airbnb ROI: N/A Traditional ROI: 10.37%
308 E Broad Street Angola, IN Elegant Victorian Home with Timeless Character â 3 Bed \| 2 BathStep into this beautifull...	3 beds \| 2 baths \| 1,329 sq.ft.	$214,000	Airbnb cash on cash: 1.73% Traditional cash on cash: 7.59% Airbnb Rental Income: $1135 Traditional Rental Income: $1945 Airbnb ROI: 1.73% Traditional ROI: 7.59%
5575 S 930 E Wolcottville, IN Fantastic move-in-ready home for year round lake lovers, or summertime getaways! Arguably ...	5 beds \| 4 baths \| 3,800 sq.ft.	$749,900	Airbnb cash on cash: 0.43% Traditional cash on cash: 4.46% Airbnb Rental Income: $1969 Traditional Rental Income: $4270 Airbnb ROI: 0.43% Traditional ROI: 4.46%
3310 Pepper Creek Bridge Pkwy Valparaiso, IN Timeless Elegance in Valparaiso's Esteemed Pepper Creek.Situated on a pristine 2.39 acre l...	5 beds \| 5 baths \| 6,676 sq.ft.	$1,225,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.09% Airbnb Rental Income: $null Traditional Rental Income: $4907 Airbnb ROI: N/A Traditional ROI: 2.09%
291 Hunt Club Drive Valparaiso, IN Introducing a timeless and elegant residence in the exclusive estate community of Bridlewo...	4 beds \| 5 baths \| 6,506 sq.ft.	$975,000	Airbnb cash on cash: -0.41% Traditional cash on cash: 3.44% Airbnb Rental Income: $1904 Traditional Rental Income: $4891 Airbnb ROI: -0.41% Traditional ROI: 3.44%
2453 Honelee Court Valparaiso, IN Did you miss out on the 2 story down the street? Don't worry! Now is your chance to grab ...	4 beds \| 4 baths \| 3,834 sq.ft.	$524,999	Airbnb cash on cash: 0.87% Traditional cash on cash: 4.2% Airbnb Rental Income: $1904 Traditional Rental Income: $3036 Airbnb ROI: 0.87% Traditional ROI: 4.2%
1917 E 1150 N Alexandria, IN Welcome to the home you have been waiting for! Beautiful ranch style home situated on 1 fu...	3 beds \| 2 baths \| 1,494 sq.ft.	$279,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.36% Airbnb Rental Income: $null Traditional Rental Income: $2341 Airbnb ROI: N/A Traditional ROI: 7.36%
1299 E Garden Drive Terre Haute, IN Check out this 3 bedroom, 2 bath Ranch located in Garden Quarter Subdivision! This souths...	3 beds \| 2 baths \| 1,458 sq.ft.	$184,900	Airbnb cash on cash: 5.18% Traditional cash on cash: 7.73% Airbnb Rental Income: $1821 Traditional Rental Income: $1777 Airbnb ROI: 5.18% Traditional ROI: 7.73%
517 W Pierson Street Greenfield, IN Discover this delightful 3-bedroom, 2-bath ranch featuring a spacious, fully fenced yard-i...	3 beds \| 2 baths \| 1,260 sq.ft.	$199,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $1571 Airbnb ROI: N/A Traditional ROI: 6.61%
505 Jones Place Martinsville, IN This is a beautiful 2 story brick home nestled in a small private community. This 4 bedroo...	4 beds \| 4 baths \| 5,244 sq.ft.	$529,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $3398 Airbnb ROI: N/A Traditional ROI: 5.5%
7900 W Tipperary Drive Muncie, IN Nestled at 7900 W Tipperary DR, MUNCIE, IN, this single-family residence in Delaware Count...	5 beds \| 3 baths \| 2,706 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $2813 Airbnb ROI: N/A Traditional ROI: 5.69%
9 172nd Street Hammond, IN Beautiful brick home with a brand new roof in the historic Forest Heights neighborhood. Th...	4 beds \| 2 baths \| 2,283 sq.ft.	$290,000	Airbnb cash on cash: -0.95% Traditional cash on cash: 6.36% Airbnb Rental Income: $723 Traditional Rental Income: $2412 Airbnb ROI: -0.95% Traditional ROI: 6.36%
8901 W 142nd Place Cedar Lake, IN This move-in ready, open floor plan ranch is located in Cedar Lake, situated on a corner l...	3 beds \| 2 baths \| 1,404 sq.ft.	$264,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 5.28% Airbnb Rental Income: $1707 Traditional Rental Income: $1829 Airbnb ROI: 2.89% Traditional ROI: 5.28%
1508 N Gladstone Avenue Columbus, IN Welcome to 1508 N Gladstone - a bright and inviting 2-bedroom, 1-bath bungalow that offers...	2 beds \| 1 baths \| 896 sq.ft.	$169,900	Airbnb cash on cash: 3.74% Traditional cash on cash: 6.29% Airbnb Rental Income: $1311 Traditional Rental Income: $1316 Airbnb ROI: 3.74% Traditional ROI: 6.29%

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Townhouses for Sale in Indiana

824 E Minnesota Street

Indianapolis, IN

4 beds | 2 baths | 2,122 sq.ft.

$370,000

Airbnb cash on cash: 2.59%

Traditional cash on cash: 5.01%

Airbnb Rental Income: $1941

Traditional Rental Income: $2267

Airbnb ROI: 2.59%

Traditional ROI: 5.01%

5633 Newhall Place

Indianapolis, IN

4 beds | 3 baths | 2,842 sq.ft.

$360,000

Airbnb cash on cash: 1.94%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $1765

Traditional Rental Income: $2621

Airbnb ROI: 1.94%

Traditional ROI: 5.9%

422 W 41st Street

Indianapolis, IN

3 beds | 2 baths | 1,328 sq.ft.

$285,000

Airbnb cash on cash: 2.02%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $1402

Traditional Rental Income: $1674

Airbnb ROI: 2.02%

Traditional ROI: 4.6%

206 N Beville Avenue

Indianapolis, IN

5 beds | 3 baths | 2,850 sq.ft.

$295,000

Airbnb cash on cash: 4.73%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $2528

Traditional Rental Income: $2814

Airbnb ROI: 4.73%

Traditional ROI: 7.95%

1444 E Elbert Street

Indianapolis, IN

2 beds | 1 baths | 912 sq.ft.

$199,900

Airbnb cash on cash: 2.03%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $1353

Traditional Rental Income: $1193

Airbnb ROI: 2.03%

Traditional ROI: 3.37%

4111 W Peachtree Lane

Muncie, IN

3 beds | 2 baths | 1,806 sq.ft.

$249,900

Airbnb cash on cash: 2.19%

Traditional cash on cash: 6.97%

Airbnb Rental Income: $1388

Traditional Rental Income: $2097

Airbnb ROI: 2.19%

Traditional ROI: 6.97%

350 N Meridian Street #505

Indianapolis, IN

1 beds | 2 baths | 801 sq.ft.

$219,900

Airbnb cash on cash: 1.09%

Traditional cash on cash: -0.16%

Airbnb Rental Income: $1851

Traditional Rental Income: $1092

Airbnb ROI: 1.09%

Traditional ROI: -0.16%

7314 S Willowbrook Drive

Lowell, IN

3 beds | 1 baths | 960 sq.ft.

$249,900

Airbnb cash on cash: 3.42%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $1777

Traditional Rental Income: $1355

Airbnb ROI: 3.42%