Real Estate Investment Properties for Sale in Wheeler, IN

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

Explore a variety of short-term homes & houses in Wheeler, IN. Invest wisely with VRBO & Wheeler, 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 Wheeler, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
404 Park Ave Wheeler, IN 404 Park Ave, Wheeler, IN 46393 \| Single Family Residential	3 beds \| 1 baths \| 1,986 sq.ft.	$178,500	Airbnb cash on cash: 6.19% Traditional cash on cash: 4.9% Airbnb Rental Income: $1976 Traditional Rental Income: $1238 Airbnb ROI: 6.19% Traditional ROI: 4.9%
405 Maple Ave Wheeler, IN Peaceful, scenic and full of potential! Bring your vision and creativity to transform this...	3 beds \| 1 baths \| 1,425 sq.ft.	$130,000	Airbnb cash on cash: 9.54% Traditional cash on cash: 9.28% Airbnb Rental Income: $1976 Traditional Rental Income: $1425 Airbnb ROI: 9.54% Traditional ROI: 9.28%
119 Main Wheeler, IN Beautifully updated and meticulously maintained 3-bedroom ranch situated on nearly an acre...	3 beds \| 2 baths \| 1,463 sq.ft.	$329,900	Airbnb cash on cash: 2.97% Traditional cash on cash: 4.04% Airbnb Rental Income: $1976 Traditional Rental Income: $1790 Airbnb ROI: 2.97% Traditional ROI: 4.04%
Investment Properties for Sale in Other Cities of Indiana
1120 Fletcher Ave Indianapolis , IN RARE Double Lot in FOUNTAIN SQUARE On Fletcher Ave: The bar is raised! 20' ceilings in the...	4 beds \| 3 baths \| 3,294 sq.ft.	$650,000	Airbnb cash on cash: -0.07% Traditional cash on cash: 1.48% Airbnb Rental Income: $1675 Traditional Rental Income: $2188 Airbnb ROI: -0.07% Traditional ROI: 1.48%
1069 Redwood Dr Brownsburg , IN Fabulous Home in Wonderful Brownsburg Neighborhood! You will love this Custom Brick 2 Stor...	4 beds \| 3 baths \| 2,761 sq.ft.	$390,000	Airbnb cash on cash: 2.96% Traditional cash on cash: 4.96% Airbnb Rental Income: $2280 Traditional Rental Income: $2443 Airbnb ROI: 2.96% Traditional ROI: 4.96%
905 S Maple St Fortville , IN This listing includes 11.732 acres (6 parcels: see addendum) just outside of Fortville, wh...	3 beds \| 2 baths \| 2,606 sq.ft.	$1,700,000	Airbnb cash on cash: -0.27% Traditional cash on cash: -0.13% Airbnb Rental Income: $2436 Traditional Rental Income: $2057 Airbnb ROI: -0.27% Traditional ROI: -0.13%
6018 Rocky Rd Anderson , IN Move-in ready ranch located in a desirable South Anderson subdivision! This 3-bedroom, 2-b...	3 beds \| 2 baths \| 1,212 sq.ft.	$214,900	Airbnb cash on cash: 0.14% Traditional cash on cash: 5.51% Airbnb Rental Income: $824 Traditional Rental Income: $1593 Airbnb ROI: 0.14% Traditional ROI: 5.51%
4506 Washington Blvd Indianapolis , IN Wonderful Opportunity to put your handprint on solid built 1920's home in the heart of eve...	4 beds \| 3 baths \| 3,400 sq.ft.	$760,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 1.46% Airbnb Rental Income: $2561 Traditional Rental Income: $2654 Airbnb ROI: 0.46% Traditional ROI: 1.46%
4001 Broadway St Indianapolis , IN Wow, This is the home you've been waiting for. Light, bright and open. Updates too numer...	3 beds \| 2 baths \| 2,319 sq.ft.	$300,000	Airbnb cash on cash: 2.29% Traditional cash on cash: 4.96% Airbnb Rental Income: $1740 Traditional Rental Income: $2014 Airbnb ROI: 2.29% Traditional ROI: 4.96%
5148 N Park Ave Indianapolis , IN Welcome to 5148 N Park Avenue in Meridian Kessler! This fantastic, recently renovated 4 be...	4 beds \| 3 baths \| 3,073 sq.ft.	$799,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 1.8% Airbnb Rental Income: $2561 Traditional Rental Income: $2810 Airbnb ROI: 0.64% Traditional ROI: 1.8%
6275 Crittenden Ave Indianapolis , IN LOCATION!!! RENOVATED classic limestone Broadripple bungalow, located 2 doors from BR Park...	3 beds \| 2 baths \| 1,824 sq.ft.	$329,900	Airbnb cash on cash: 2.02% Traditional cash on cash: 3.92% Airbnb Rental Income: $1740 Traditional Rental Income: $1848 Airbnb ROI: 2.02% Traditional ROI: 3.92%
3029 Broadway St Indianapolis , IN Discover this beautifully renovated 3 BD 2.5 BA in the heart of downtown in Mapleton-Fall ...	3 beds \| 2 baths \| 2,340 sq.ft.	$299,000	Airbnb cash on cash: 2.12% Traditional cash on cash: 4.1% Airbnb Rental Income: $1424 Traditional Rental Income: $1556 Airbnb ROI: 2.12% Traditional ROI: 4.1%
316 W 39th St Indianapolis , IN 316 W 39th St, Indianapolis, IN 46208 \| Single Family Residential	2 beds \| 1 baths \| 1,968 sq.ft.	$185,000	Airbnb cash on cash: 0.13% Traditional cash on cash: 3.48% Airbnb Rental Income: $764 Traditional Rental Income: $1050 Airbnb ROI: 0.13% Traditional ROI: 3.48%
8078 Windham Lake Way Indianapolis , IN Updated 3-bedroom condo with one of the largest floorplans in the Windham Lake complex. Ne...	3 beds \| 2 baths \| 1,816 sq.ft.	$234,900	Airbnb cash on cash: 1.84% Traditional cash on cash: 5.49% Airbnb Rental Income: $1553 Traditional Rental Income: $1916 Airbnb ROI: 1.84% Traditional ROI: 5.49%
9278 Oak Run East Dr Indianapolis , IN Waterfront 2 Bedroom 2 Bath unit. Looking for something to move into without any work to d...	2 beds \| 2 baths \| 1,441 sq.ft.	$248,500	Airbnb cash on cash: 2.11% Traditional cash on cash: 2.51% Airbnb Rental Income: $1906 Traditional Rental Income: $1493 Airbnb ROI: 2.11% Traditional ROI: 2.51%
1527 Lexington Ave Indianapolis , IN Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	4 beds \| 3 baths \| 2,316 sq.ft.	$275,000	Airbnb cash on cash: 2.4% Traditional cash on cash: 5.64% Airbnb Rental Income: $1675 Traditional Rental Income: $2048 Airbnb ROI: 2.4% Traditional ROI: 5.64%
365 E Morris Street Indianapolis , IN On the North edge of wonderful Bates Hendricks neighborhood you will find a completely reh...	N/A beds \| N/A baths \| N/A	$447,500	Airbnb cash on cash: -0.24% Traditional cash on cash: 7.13% Airbnb Rental Income: $958 Traditional Rental Income: $3698 Airbnb ROI: -0.24% Traditional ROI: 7.13%
1130 S Senate Ave Indianapolis , IN 1130 S Senate Ave, Indianapolis, IN 46225 \| Single Family Residential	2 beds \| 2 baths \| 1,464 sq.ft.	$215,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 5.36% Airbnb Rental Income: $1189 Traditional Rental Income: $1560 Airbnb ROI: 1.64% Traditional ROI: 5.36%

Real Estate investment in Wheeler, IN

There are 3 properties for sale in the city of Wheeler . The median list price in Wheeler is $165,000 and the average price per square foot is $102. In June 2026, the average monthly cash on cash return in Wheeler is 5.00%. The average monthly rental income in Wheeler is $1,425.

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

There are 3 investment properties available for sale in Wheeler.

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

The ROI for Short-Term is higher than the Long-Term in Wheeler with average rental income of $1,976.

Your search for investment property begins and ends here

Investment Property for Sale in Wheeler, IN

404 Park Ave

Wheeler, IN

3 beds | 1 baths | 1,986 sq.ft.

$178,500

Airbnb cash on cash: 6.19%

Traditional cash on cash: 4.9%

Airbnb Rental Income: $1976

Traditional Rental Income: $1238

Airbnb ROI: 6.19%

Traditional ROI: 4.9%

405 Maple Ave

Wheeler, IN

3 beds | 1 baths | 1,425 sq.ft.

$130,000

Airbnb cash on cash: 9.54%

Traditional cash on cash: 9.28%

Airbnb Rental Income: $1976

Traditional Rental Income: $1425

Airbnb ROI: 9.54%

Traditional ROI: 9.28%

119 Main

Wheeler, IN

3 beds | 2 baths | 1,463 sq.ft.

$329,900

Airbnb cash on cash: 2.97%

Traditional cash on cash: 4.04%

Airbnb Rental Income: $1976

Traditional Rental Income: $1790

Airbnb ROI: 2.97%

Traditional ROI: 4.04%

Investment Properties for Sale in Other Cities of Indiana

Indianapolis , IN

4 beds | 3 baths | 3,294 sq.ft.

$650,000

Airbnb cash on cash: -0.07%

Traditional cash on cash: 1.48%

Airbnb Rental Income: $1675

Traditional Rental Income: $2188

Airbnb ROI: -0.07%

Traditional ROI: 1.48%

Brownsburg , IN

4 beds | 3 baths | 2,761 sq.ft.

$390,000

Airbnb cash on cash: 2.96%

Traditional cash on cash: 4.96%

Airbnb Rental Income: $2280

Traditional Rental Income: $2443

Airbnb ROI: 2.96%

Traditional ROI: 4.96%

Fortville , IN

3 beds | 2 baths | 2,606 sq.ft.

$1,700,000

Airbnb cash on cash: -0.27%

Traditional cash on cash: -0.13%

Airbnb Rental Income: $2436

Traditional Rental Income: $2057

Airbnb ROI: -0.27%

Traditional ROI: -0.13%

Anderson , IN

3 beds | 2 baths | 1,212 sq.ft.

$214,900

Airbnb cash on cash: 0.14%

Traditional cash on cash: 5.51%

Airbnb Rental Income: $824

Traditional Rental Income: $1593

Airbnb ROI: 0.14%

Traditional ROI: 5.51%

Indianapolis , IN

4 beds | 3 baths | 3,400 sq.ft.

$760,000

Airbnb cash on cash: 0.46%

Traditional cash on cash: 1.46%

Airbnb Rental Income: $2561

Traditional Rental Income: $2654

Airbnb ROI: 0.46%

Traditional ROI: 1.46%

Indianapolis , IN

3 beds | 2 baths | 2,319 sq.ft.

$300,000