Real Estate Investment Properties for Sale in Carmel, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
720 S Rangeline Road #701 Carmel, IN Experience unparalleled luxury in this Miami-style penthouse in downtown Carmel. Perched a...	3 beds \| 4 baths \| 3,810 sq.ft.	$4,995,000	Airbnb cash on cash: -1.06% Traditional cash on cash: -0.98% Airbnb Rental Income: $3587 Traditional Rental Income: $3179 Airbnb ROI: -1.06% Traditional ROI: -0.98%
2460 Gwinnett Street Carmel, IN Remarkable end unit townhome in the Village of WestClay that has been well cared for. Eac...	3 beds \| 4 baths \| 2,306 sq.ft.	$439,800	Airbnb cash on cash: 3.68% Traditional cash on cash: 3.86% Airbnb Rental Income: $3587 Traditional Rental Income: $2872 Airbnb ROI: 3.68% Traditional ROI: 3.86%
13056 Grand Vue Drive Carmel, IN Welcome home to your amazing townhome in the heart of Carmel, IN! This spacious 3-story o...	2 beds \| 4 baths \| 2,142 sq.ft.	$449,900	Airbnb cash on cash: 3.05% Traditional cash on cash: 4.57% Airbnb Rental Income: $3002 Traditional Rental Income: $2952 Airbnb ROI: 3.05% Traditional ROI: 4.57%
10 E Senator Way Carmel, IN This gorgeous home in the highly coveted Village Farms neighborhood of Carmel offers ever...	4 beds \| 4 baths \| 3,793 sq.ft.	$565,000	Airbnb cash on cash: 2.47% Traditional cash on cash: 4.87% Airbnb Rental Income: $2958 Traditional Rental Income: $3543 Airbnb ROI: 2.47% Traditional ROI: 4.87%
11593 Mansfield Place Carmel, IN Welcome to this wonderful 4 bedroom home with finished basement in highly desired Huntingt...	4 beds \| 4 baths \| 3,842 sq.ft.	$500,000	Airbnb cash on cash: 2.89% Traditional cash on cash: 5.61% Airbnb Rental Income: $2958 Traditional Rental Income: $3548 Airbnb ROI: 2.89% Traditional ROI: 5.61%
12131 Pebblepointe Pass Carmel, IN Located in one of Carmel's most desirable neighborhoods, this 5200 SF charmer radiates thr...	4 beds \| 5 baths \| 5,045 sq.ft.	$954,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 3.6% Airbnb Rental Income: $2958 Traditional Rental Income: $4742 Airbnb ROI: 0.82% Traditional ROI: 3.6%
10735 Towne Road Carmel, IN Experience modern California Contemporary living in west Carmel. This recently redesigned ...	4 beds \| 5 baths \| 7,584 sq.ft.	$1,750,000	Airbnb cash on cash: -0.34% Traditional cash on cash: 1.02% Airbnb Rental Income: $2958 Traditional Rental Income: $4474 Airbnb ROI: -0.34% Traditional ROI: 1.02%
2263 Glebe Street Carmel, IN A former model home in The Village of West Clay, this appealing residence showcases the fi...	3 beds \| 4 baths \| 3,308 sq.ft.	$899,000	Airbnb cash on cash: 1.62% Traditional cash on cash: 1.75% Airbnb Rental Income: $3587 Traditional Rental Income: $2913 Airbnb ROI: 1.62% Traditional ROI: 1.75%
14728 Adios Pass Carmel, IN This spacious 4-bedroom, 2.5-bathroom home in the desirable Village Farms offering great p...	4 beds \| 3 baths \| 2,787 sq.ft.	$420,000	Airbnb cash on cash: 3.8% Traditional cash on cash: 5.37% Airbnb Rental Income: $2958 Traditional Rental Income: $2893 Airbnb ROI: 3.8% Traditional ROI: 5.37%
13815 Roswell Drive Carmel, IN Make the Discovery... Warm & Striking 4 bedroom, 3 bathroom home nestled in the desirable ...	4 beds \| 3 baths \| 2,138 sq.ft.	$500,000	Airbnb cash on cash: 3.23% Traditional cash on cash: 3.96% Airbnb Rental Income: $2958 Traditional Rental Income: $2617 Airbnb ROI: 3.23% Traditional ROI: 3.96%
511 Beals Street Carmel, IN This inviting two-story home at 511 Beals St in Carmel offers 3 beds, 3.5 baths, and a fre...	3 beds \| 4 baths \| 2,150 sq.ft.	$350,000	Airbnb cash on cash: 6.66% Traditional cash on cash: 5.95% Airbnb Rental Income: $3587 Traditional Rental Income: $2568 Airbnb ROI: 6.66% Traditional ROI: 5.95%
4841 Woodfield Drive Carmel, IN This house has had an extensive remodel. New: roof, windows, hvac, total kitchen overhaul,...	4 beds \| 4 baths \| 4,455 sq.ft.	$800,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 3.09% Airbnb Rental Income: $2958 Traditional Rental Income: $3553 Airbnb ROI: 1.38% Traditional ROI: 3.09%
912 Copperwood Drive Carmel, IN Look no further - this incredible property has the generous inground swimming pool you've ...	4 beds \| 3 baths \| 3,312 sq.ft.	$645,000	Airbnb cash on cash: 2.01% Traditional cash on cash: 3.56% Airbnb Rental Income: $2958 Traditional Rental Income: $3210 Airbnb ROI: 2.01% Traditional ROI: 3.56%
1921 E 116 Street Carmel, IN Welcome to the future! Great locations for investment. Potential commercial zoning to be t...	3 beds \| 2 baths \| 1,657 sq.ft.	$1,200,000	Airbnb cash on cash: 0.89% Traditional cash on cash: 0.32% Airbnb Rental Income: $3587 Traditional Rental Income: $2158 Airbnb ROI: 0.89% Traditional ROI: 0.32%
1057 Timber Creek Drive #9 Carmel, IN Condo living at its finest in Carmel! This inviting 2-bedroom, 2-bath condo combines moder...	2 beds \| 2 baths \| 1,072 sq.ft.	$229,000	Airbnb cash on cash: 7.83% Traditional cash on cash: 4.74% Airbnb Rental Income: $3002 Traditional Rental Income: $1643 Airbnb ROI: 7.83% Traditional ROI: 4.74%
3347 Eden Way Circle Carmel, IN Well-maintained Tudor 2-story w/ finished basement and 20'X40' pool. Deep end of pool is ...	4 beds \| 4 baths \| 3,621 sq.ft.	$599,900	Airbnb cash on cash: 2.44% Traditional cash on cash: 5.33% Airbnb Rental Income: $2958 Traditional Rental Income: $3898 Airbnb ROI: 2.44% Traditional ROI: 5.33%
720 S Rangeline Road #604 Carmel, IN Indulge in redefined luxury within this exquisite transitional modern sanctuary ideally si...	3 beds \| 3 baths \| 2,985 sq.ft.	$2,195,000	Airbnb cash on cash: -0.5% Traditional cash on cash: -0.34% Airbnb Rental Income: $3587 Traditional Rental Income: $3132 Airbnb ROI: -0.5% Traditional ROI: -0.34%
20 3rd Avenue SW Carmel, IN Discover an unparalleled investment opportunity in the heart of Downtown Carmel's renowned...	2 beds \| 1 baths \| 1,086 sq.ft.	$750,000	Airbnb cash on cash: 1.93% Traditional cash on cash: 0.66% Airbnb Rental Income: $3002 Traditional Rental Income: $1424 Airbnb ROI: 1.93% Traditional ROI: 0.66%
9662 Rialto Trail Carmel, IN Discover this beautiful condo located in the serene Retreat subdivision of Carmel. Featuri...	2 beds \| 2 baths \| 1,535 sq.ft.	$289,900	Airbnb cash on cash: 5.22% Traditional cash on cash: 3.9% Airbnb Rental Income: $3002 Traditional Rental Income: $1953 Airbnb ROI: 5.22% Traditional ROI: 3.9%
476 Chimney Rock Drive Carmel, IN Welcome to Cottages at Carmel. This quaint little neighborhood captures the essence of Cra...	3 beds \| 3 baths \| 2,514 sq.ft.	$545,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 2.65% Airbnb Rental Income: $3587 Traditional Rental Income: $2635 Airbnb ROI: 2.97% Traditional ROI: 2.65%
7146 Cherry Creek Boulevard Carmel, IN Looking for that "lock and leave" low-maintenance lifestyle with the primary bedroom on th...	3 beds \| 3 baths \| 2,582 sq.ft.	$499,900	Airbnb cash on cash: 3.57% Traditional cash on cash: 3.66% Airbnb Rental Income: $3587 Traditional Rental Income: $2842 Airbnb ROI: 3.57% Traditional ROI: 3.66%
41 N Rangeline Road #2 Carmel, IN Introducing Carmel's Premier Address: 1st on Main. Nestled at the iconic intersection of R...	3 beds \| 5 baths \| 2,817 sq.ft.	$1,750,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 1.16% Airbnb Rental Income: $3587 Traditional Rental Income: $4439 Airbnb ROI: 0.16% Traditional ROI: 1.16%
10831 Pleasantview Drive Carmel, IN Fall in love with this fully remodeled 2 story, 5 bed, 3.5ba home in east Carmel. This Oa...	5 beds \| 4 baths \| 3,608 sq.ft.	$785,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $3617 Airbnb ROI: N/A Traditional ROI: 2.92%
1374 Clay Spring Drive Carmel, IN Immaculate custom home in Carmel's quiet Clay Springs community was designed and built by ...	4 beds \| 4 baths \| 5,648 sq.ft.	$829,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 2.65% Airbnb Rental Income: $2958 Traditional Rental Income: $3533 Airbnb ROI: 1.02% Traditional ROI: 2.65%
1719 Asherwood Lane Carmel, IN This magnificent proposed new home, by Old Town Design Group, offers the perfect blend of ...	5 beds \| 6 baths \| 6,044 sq.ft.	$2,935,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.13% Airbnb Rental Income: $null Traditional Rental Income: $5754 Airbnb ROI: N/A Traditional ROI: 0.13%
41 N Rangeline Road #3 Carmel, IN Introducing Carmel's premier development, 1st on Main, at the historical intersection of R...	4 beds \| 4 baths \| 2,817 sq.ft.	$1,795,000	Airbnb cash on cash: -0.29% Traditional cash on cash: 0.49% Airbnb Rental Income: $2958 Traditional Rental Income: $3574 Airbnb ROI: -0.29% Traditional ROI: 0.49%
505 W Hunters Drive #D Carmel, IN Rare opportunity to own this bright, spacious 1664 sq.ft, 3 bedrooms, 2 full baths condo i...	3 beds \| 2 baths \| 1,664 sq.ft.	$275,000	Airbnb cash on cash: 6.97% Traditional cash on cash: 4.46% Airbnb Rental Income: $3587 Traditional Rental Income: $2152 Airbnb ROI: 6.97% Traditional ROI: 4.46%
7 Beacon Way Carmel, IN BE THE FIRST TO LIVE IN THIS BEAUTIFUL NEW HOME! Harbor Springs by Kerstiens Homes is not ...	3 beds \| 2 baths \| 1,384 sq.ft.	$279,000	Airbnb cash on cash: 8.45% Traditional cash on cash: 4.98% Airbnb Rental Income: $3587 Traditional Rental Income: $1888 Airbnb ROI: 8.45% Traditional ROI: 4.98%
13647 Stone Haven Drive Carmel, IN This home was built in 1997 by Centex and has been completely updated. It features new pai...	4 beds \| 3 baths \| 2,936 sq.ft.	$429,900	Airbnb cash on cash: 2.72% Traditional cash on cash: 4.42% Airbnb Rental Income: $2958 Traditional Rental Income: $2963 Airbnb ROI: 2.72% Traditional ROI: 4.42%
1049 Falcon Ridge Carmel, IN This high end Carmel condo will not disappoint with top to bottom luxury! This end unit is...	2 beds \| 2 baths \| 1,658 sq.ft.	$335,000	Airbnb cash on cash: 3.91% Traditional cash on cash: 3.72% Airbnb Rental Income: $3002 Traditional Rental Income: $2252 Airbnb ROI: 3.91% Traditional ROI: 3.72%
12 Bexhill Drive Carmel, IN Absolutely immaculate turnkey home located on a large corner lot (.37 acres) on Carmel's p...	4 beds \| 3 baths \| 2,018 sq.ft.	$599,999	Airbnb cash on cash: 2.4% Traditional cash on cash: 2.95% Airbnb Rental Income: $2958 Traditional Rental Income: $2585 Airbnb ROI: 2.4% Traditional ROI: 2.95%
16 Beacon Way Carmel, IN New construction Built by Kerstiens Home and Design. Great 3 Bedroom and 2 full bathroom ...	3 beds \| 2 baths \| 1,266 sq.ft.	$229,000	Airbnb cash on cash: 9.88% Traditional cash on cash: 5.49% Airbnb Rental Income: $3587 Traditional Rental Income: $1848 Airbnb ROI: 9.88% Traditional ROI: 5.49%
1530 Woodlake Court Carmel, IN Rare Opportunity: Nearly 3 Acres on a Quiet Cul-de-Sac in Coveted Crooked Stick Subdivisio...	4 beds \| 5 baths \| 4,531 sq.ft.	$1,799,999	Airbnb cash on cash: -0.21% Traditional cash on cash: 0.74% Airbnb Rental Income: $2958 Traditional Rental Income: $3870 Airbnb ROI: -0.21% Traditional ROI: 0.74%
2003 Rhettsbury Street Carmel, IN Nestled in the coveted Village of WestClay, this distinctive cottage home combines luxury ...	4 beds \| 5 baths \| 3,577 sq.ft.	$699,900	Airbnb cash on cash: 1.2% Traditional cash on cash: 4.53% Airbnb Rental Income: $2958 Traditional Rental Income: $4450 Airbnb ROI: 1.2% Traditional ROI: 4.53%
11869 Gray Road Carmel, IN Welcome to this unique 1950's ranch style home with a range of modern updates that blend s...	4 beds \| 2 baths \| 1,836 sq.ft.	$569,900	Airbnb cash on cash: 2.53% Traditional cash on cash: 2.65% Airbnb Rental Income: $2958 Traditional Rental Income: $2342 Airbnb ROI: 2.53% Traditional ROI: 2.65%
12216 Castle Row Overlook Carmel, IN Price Reduced to allow for your own personal update! This is your chance to transform this...	5 beds \| 4 baths \| 3,442 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $3794 Airbnb ROI: N/A Traditional ROI: 5.09%
13108 Dunwoody Lane Carmel, IN Seller may consider buyer concessions if made in an offer. Welcome to this charming and be...	4 beds \| 3 baths \| 2,518 sq.ft.	$437,000	Airbnb cash on cash: 3.51% Traditional cash on cash: 4.65% Airbnb Rental Income: $2958 Traditional Rental Income: $2742 Airbnb ROI: 3.51% Traditional ROI: 4.65%
2624 Congress Street Carmel, IN Are you ready for a LUXURY Maintenance Free type of lifestyle? Then you are ready for thi...	2 beds \| 4 baths \| 2,261 sq.ft.	$424,000	Airbnb cash on cash: 2.39% Traditional cash on cash: 3.91% Airbnb Rental Income: $3002 Traditional Rental Income: $2917 Airbnb ROI: 2.39% Traditional ROI: 3.91%
6544 Canoe Lane Carmel, IN Welcome to Cherry Creek Estates! This ranch-style home is a low-maintenance dream, with 3 ...	3 beds \| 2 baths \| 3,366 sq.ft.	$490,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 1.87% Airbnb Rental Income: $3587 Traditional Rental Income: $1853 Airbnb ROI: 3.94% Traditional ROI: 1.87%
11841 Pebble Brook Lane Carmel, IN Welcome to this stunning 4-bedroom, 2.5-bathroom Carmel home situated on a 0.69 lot with N...	4 beds \| 3 baths \| 2,292 sq.ft.	$450,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 4.54% Airbnb Rental Income: $2958 Traditional Rental Income: $2781 Airbnb ROI: 3.34% Traditional ROI: 4.54%

Real Estate investment in Carmel, IN

There are 97 properties for sale in the city of Carmel . The median list price in Carmel is $545,000 and the average price per square foot is $190. In November 2024, the average monthly cash on cash return in Carmel is 4.00%. The average monthly rental income in Carmel is $2,808.

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

There are 97 investment properties available for sale in Carmel.

In 2024, the best neighborhood to buy investment property is Carmel.

The ROI for Long-Term is higher than the Short-Term in Carmel with average rental income of $2,808.

Your search for investment property begins and ends here

Investment Property for Sale in Carmel, IN

720 S Rangeline Road #701

Carmel, IN

3 beds | 4 baths | 3,810 sq.ft.

$4,995,000

Airbnb cash on cash: -1.06%

Traditional cash on cash: -0.98%

Airbnb Rental Income: $3587

Traditional Rental Income: $3179

Airbnb ROI: -1.06%

Traditional ROI: -0.98%

2460 Gwinnett Street

Carmel, IN

3 beds | 4 baths | 2,306 sq.ft.

$439,800

Airbnb cash on cash: 3.68%

Traditional cash on cash: 3.86%

Airbnb Rental Income: $3587

Traditional Rental Income: $2872

Airbnb ROI: 3.68%

Traditional ROI: 3.86%

13056 Grand Vue Drive

Carmel, IN

2 beds | 4 baths | 2,142 sq.ft.

$449,900

Airbnb cash on cash: 3.05%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $3002

Traditional Rental Income: $2952

Airbnb ROI: 3.05%

Traditional ROI: 4.57%

10 E Senator Way

Carmel, IN

4 beds | 4 baths | 3,793 sq.ft.

$565,000

Airbnb cash on cash: 2.47%

Traditional cash on cash: 4.87%

Airbnb Rental Income: $2958

Traditional Rental Income: $3543

Airbnb ROI: 2.47%

Traditional ROI: 4.87%

11593 Mansfield Place

Carmel, IN

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

$500,000

Airbnb cash on cash: 2.89%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $2958

Traditional Rental Income: $3548

Airbnb ROI: 2.89%

Traditional ROI: 5.61%

12131 Pebblepointe Pass

Carmel, IN

4 beds | 5 baths | 5,045 sq.ft.

$954,900

Airbnb cash on cash: 0.82%

Traditional cash on cash: 3.6%

Airbnb Rental Income: $2958

Traditional Rental Income: $4742

Airbnb ROI: 0.82%

Traditional ROI: 3.6%

10735 Towne Road

Carmel, IN

4 beds | 5 baths | 7,584 sq.ft.

$1,750,000

Airbnb cash on cash: -0.34%

Traditional cash on cash: 1.02%

Airbnb Rental Income: $2958

Traditional Rental Income: $4474

Airbnb ROI: -0.34%

Traditional ROI: 1.02%

2263 Glebe Street

Carmel, IN

3 beds | 4 baths | 3,308 sq.ft.

$899,000

Airbnb cash on cash: 1.62%

Traditional cash on cash: 1.75%

Airbnb Rental Income: $3587

Traditional Rental Income: $2913

Airbnb ROI: 1.62%