Real Estate Investment Properties for Sale in Indianapolis, IN

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

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

Condos for Sale in Indianapolis, IN

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

Showing 92 Condo listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
503 Lockerbie Circle N Indianapolis, IN Lockerbie Glove Townhouse! Aha! You have found the perfect (yet elusive!) Downtown hom...	2 beds \| 3 baths \| 1,875 sq.ft.	$465,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 2.5% Airbnb Rental Income: $1859 Traditional Rental Income: $2273 Airbnb ROI: 0.41% Traditional ROI: 2.5%
7851 Cork Bend Lane Indianapolis, IN Priced to sell!!! Great floor plan with split bedrooms. Vinyl flooring replaced in 2018 a...	2 beds \| 2 baths \| 1,239 sq.ft.	$172,000	Airbnb cash on cash: 1.47% Traditional cash on cash: 6.93% Airbnb Rental Income: $1193 Traditional Rental Income: $1700 Airbnb ROI: 1.47% Traditional ROI: 6.93%
455 S Pine Street #1 Indianapolis, IN SPECIAL FINANCING! Seller is offering 2/1 interest rate buydown with acceptable offer! Ta...	2 beds \| 2 baths \| 1,185 sq.ft.	$281,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.92% Airbnb Rental Income: $null Traditional Rental Income: $1696 Airbnb ROI: N/A Traditional ROI: 2.92%
7622 Vintage Court Indianapolis, IN Welcome Home to this beautifully designed 3-bedroom, 2.5-bath condo offering low-maintenan...	3 beds \| 3 baths \| 1,742 sq.ft.	$195,000	Airbnb cash on cash: 5.97% Traditional cash on cash: 7.91% Airbnb Rental Income: $2478 Traditional Rental Income: $2235 Airbnb ROI: 5.97% Traditional ROI: 7.91%
6509 Emerald Hill Court #310 Indianapolis, IN Come see this beautiful condo sitting amongst the treetops. This condo boasts two large b...	2 beds \| 2 baths \| 1,442 sq.ft.	$187,500	Airbnb cash on cash: N/A Traditional cash on cash: 6.22% Airbnb Rental Income: $null Traditional Rental Income: $1853 Airbnb ROI: N/A Traditional ROI: 6.22%
2145 Boston Court #B Indianapolis, IN Here it is just in time for the fall semester at Marian University. 4 bedroom 3 1/2 bath C...	4 beds \| 4 baths \| 2,724 sq.ft.	$295,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.21% Airbnb Rental Income: $null Traditional Rental Income: $3325 Airbnb ROI: N/A Traditional ROI: 8.21%
5933 Marina View Drive Indianapolis, IN Check out this adorable modern fully updated turn key ready condo! This End unit condo in ...	2 beds \| 3 baths \| 1,576 sq.ft.	$210,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.76% Airbnb Rental Income: $null Traditional Rental Income: $2169 Airbnb ROI: N/A Traditional ROI: 7.76%
6643 N College Avenue Indianapolis, IN BROAD RIPPLE 3 Bed. 2 Bath. Updated End-Unit: 1357 sqft Townhome w/ Garage & Basement. L...	3 beds \| 2 baths \| 1,357 sq.ft.	$229,900	Airbnb cash on cash: 5.97% Traditional cash on cash: 4.47% Airbnb Rental Income: $2676 Traditional Rental Income: $1714 Airbnb ROI: 5.97% Traditional ROI: 4.47%
3965 N Meridian Street #7E Indianapolis, IN Nestled in The Modern, this condo is the epitome of cozy and loads of charm yet open flow ...	1 beds \| 1 baths \| 847 sq.ft.	$154,500	Airbnb cash on cash: N/A Traditional cash on cash: 3.49% Airbnb Rental Income: $null Traditional Rental Income: $1350 Airbnb ROI: N/A Traditional ROI: 3.49%
7338 Country Brook Drive Indianapolis, IN This home is primed for the next owner! It boasts numerous updates, new paint, and low-mai...	2 beds \| 2 baths \| 1,216 sq.ft.	$134,900	Airbnb cash on cash: 9.28% Traditional cash on cash: 5.51% Airbnb Rental Income: $2454 Traditional Rental Income: $1368 Airbnb ROI: 9.28% Traditional ROI: 5.51%
1 N Illinois Street #2101 Indianapolis, IN You are a rockstar. At least you will feel like one living in this stylish and sexy one of...	3 beds \| 4 baths \| 5,272 sq.ft.	$4,800,000	Airbnb cash on cash: -2.26% Traditional cash on cash: -1.94% Airbnb Rental Income: $2204 Traditional Rental Income: $3109 Airbnb ROI: -2.26% Traditional ROI: -1.94%
233 E Saint Joseph Street #3A Indianapolis, IN Looking for the perfect balance of downtown access and affordability? Check out this spaci...	1 beds \| 1 baths \| 827 sq.ft.	$219,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 3.17% Airbnb Rental Income: $1857 Traditional Rental Income: $1611 Airbnb ROI: 1.96% Traditional ROI: 3.17%
9524 Aberdare Drive #122 Indianapolis, IN This particular Condominium is one of the best maintained units in the complex. The home h...	2 beds \| 2 baths \| 1,271 sq.ft.	$198,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 5.22% Airbnb Rental Income: $1950 Traditional Rental Income: $1685 Airbnb ROI: 3.89% Traditional ROI: 5.22%
8091 Farmhurst Lane Indianapolis, IN Check out this amazing 3 bed, 2.5 bath, 2 car, sunroom condo in Shorewalk, right on Geist!...	3 beds \| 3 baths \| 1,747 sq.ft.	$319,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $2128 Airbnb ROI: N/A Traditional ROI: 3.57%
9479 Aberdare Drive Indianapolis, IN Welcome to this charming two-bedroom, bath and a half condo located on the north-east side...	2 beds \| 2 baths \| 1,299 sq.ft.	$194,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 5.34% Airbnb Rental Income: $1950 Traditional Rental Income: $1735 Airbnb ROI: 3.72% Traditional ROI: 5.34%
9299 Golden Oaks E Indianapolis, IN Looking for the perfect blend of comfort and convenience? This 3 bedroom, 2.5 bath ranch-...	3 beds \| 3 baths \| 1,633 sq.ft.	$264,900	Airbnb cash on cash: 8.02% Traditional cash on cash: 5.39% Airbnb Rental Income: $3637 Traditional Rental Income: $2185 Airbnb ROI: 8.02% Traditional ROI: 5.39%
355 E Ohio Street #204 Indianapolis, IN Welcome to 355 E Ohio St Unit 204, a beautifully upgraded 1-bedroom, 1.5-bathroom condo of...	1 beds \| 2 baths \| 962 sq.ft.	$262,500	Airbnb cash on cash: 1.62% Traditional cash on cash: 3.51% Airbnb Rental Income: $1857 Traditional Rental Income: $1829 Airbnb ROI: 1.62% Traditional ROI: 3.51%
1659 Cloister Drive Indianapolis, IN Maintenance-free living on the North-West side of Indy. Large ranch condo in desirable Ho...	3 beds \| 2 baths \| 1,935 sq.ft.	$314,900	Airbnb cash on cash: 5.24% Traditional cash on cash: 4.75% Airbnb Rental Income: $3637 Traditional Rental Income: $2697 Airbnb ROI: 5.24% Traditional ROI: 4.75%
8720 Yardley Court #202 Indianapolis, IN Welcome to this beautifully designed 2-bedroom, 2-bathroom condo featuring a versatile off...	2 beds \| 2 baths \| 1,380 sq.ft.	$179,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.5% Airbnb Rental Income: $null Traditional Rental Income: $1788 Airbnb ROI: N/A Traditional ROI: 5.5%
802 N Meridian Street #206 Indianapolis, IN Welcome to Downtown Indy living at its finest! Offering a blend of urban luxury and contem...	2 beds \| 2 baths \| 1,344 sq.ft.	$395,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 2.7% Airbnb Rental Income: $1859 Traditional Rental Income: $2263 Airbnb ROI: 0.26% Traditional ROI: 2.7%
11320 Fonthill Drive Indianapolis, IN Experience lakeside luxury at its finest with this stunning 3 bed, 2.5 bath Corner-unit co...	3 beds \| 3 baths \| 1,588 sq.ft.	$347,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $2520 Airbnb ROI: N/A Traditional ROI: 4.44%
335 E Saint Clair Street Indianapolis, IN Rare opportunity.. This Renaissance Place townhouse is ready for your personal touch! A lo...	2 beds \| 2 baths \| 1,120 sq.ft.	$295,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 2.67% Airbnb Rental Income: $1859 Traditional Rental Income: $1579 Airbnb ROI: 1.88% Traditional ROI: 2.67%
504 N Park Avenue N #4 Indianapolis, IN Enjoy an exclusive and contemporary downtown lifestyle at the beautiful Park Residences. T...	2 beds \| 2 baths \| 1,244 sq.ft.	$429,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 1.68% Airbnb Rental Income: $1859 Traditional Rental Income: $1891 Airbnb ROI: 0.36% Traditional ROI: 1.68%
4415 Abby Creek Lane Indianapolis, IN Welcome to your dream condo at 4415 Abby Creek Ln, Indianapolis, IN! This beautiful reside...	2 beds \| 1 baths \| 1,050 sq.ft.	$155,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 5.11% Airbnb Rental Income: $1414 Traditional Rental Income: $1295 Airbnb ROI: 3.04% Traditional ROI: 5.11%
2861 Punto Alto Court Indianapolis, IN Updated 2 bedroom, 1 bath condo w/ a shared garage. Updates include: laminate flooring, ca...	2 beds \| 1 baths \| 968 sq.ft.	$94,400	Airbnb cash on cash: N/A Traditional cash on cash: 9.21% Airbnb Rental Income: $null Traditional Rental Income: $1317 Airbnb ROI: N/A Traditional ROI: 9.21%
802 N Meridian Street #UNIT 204 Indianapolis, IN Located in the heart of Indianapolis, Meridian Arch blends historic architectural charm wi...	2 beds \| 2 baths \| 1,258 sq.ft.	$408,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.57% Airbnb Rental Income: $1859 Traditional Rental Income: $1844 Airbnb ROI: 0.31% Traditional ROI: 1.57%
7930 Sunfield Court Indianapolis, IN Welcome to this well-maintained 2-bed, 2-full bath condo, that includes many recent update...	2 beds \| 2 baths \| 2,016 sq.ft.	$200,000	Airbnb cash on cash: 5.28% Traditional cash on cash: 6.25% Airbnb Rental Income: $2247 Traditional Rental Income: $1868 Airbnb ROI: 5.28% Traditional ROI: 6.25%
7433 Prairie Lake Drive Indianapolis, IN You won't want to look past this upgraded end-unit condo in a great community conveniently...	1 beds \| 2 baths \| 1,468 sq.ft.	$222,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.17% Airbnb Rental Income: $null Traditional Rental Income: $1724 Airbnb ROI: N/A Traditional ROI: 4.17%
501 Fletcher Avenue #APT D Indianapolis, IN Don't be fooled by this home's prim and proper exterior. Just below the surface lies a ca...	3 beds \| 4 baths \| 4,070 sq.ft.	$1,250,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 0.06% Airbnb Rental Income: $2557 Traditional Rental Income: $2976 Airbnb ROI: -0.83% Traditional ROI: 0.06%
8681 Jaffa Court E #24 Indianapolis, IN Welcome to your new home, where modern convenience meets effortless living! This chic cond...	2 beds \| 2 baths \| 1,708 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.36% Airbnb Rental Income: $null Traditional Rental Income: $2146 Airbnb ROI: N/A Traditional ROI: 4.36%
1325 Central Avenue #4 Indianapolis, IN Don't miss out on this rare Old Northside find! A 2bed/1ba condo full of charm and charact...	2 beds \| 1 baths \| 880 sq.ft.	$195,000	Airbnb cash on cash: -3.41% Traditional cash on cash: 1.42% Airbnb Rental Income: $574 Traditional Rental Income: $1184 Airbnb ROI: -3.41% Traditional ROI: 1.42%
7936 Beaumont Green Place Indianapolis, IN Welcome to your dream home in the prestigious Beaumont on the Green neighborhood! This bra...	2 beds \| 3 baths \| 2,360 sq.ft.	$589,990	Airbnb cash on cash: N/A Traditional cash on cash: 2.27% Airbnb Rental Income: $null Traditional Rental Income: $2727 Airbnb ROI: N/A Traditional ROI: 2.27%
7942 Beaumont Green Place Indianapolis, IN Welcome to your dream home in the prestigious Beaumont on the Green neighborhood! This bra...	2 beds \| 2 baths \| 1,746 sq.ft.	$549,990	Airbnb cash on cash: N/A Traditional cash on cash: 0.3% Airbnb Rental Income: $null Traditional Rental Income: $2178 Airbnb ROI: N/A Traditional ROI: 0.3%
556 Silver Fox Court Indianapolis, IN Storage! Storage! Storage! Abounds in this Updated 3 Bedroom, 2 Bath Custom Built Garden H...	3 beds \| 2 baths \| 1,669 sq.ft.	$259,900	Airbnb cash on cash: 7.3% Traditional cash on cash: 6.25% Airbnb Rental Income: $3103 Traditional Rental Income: $2141 Airbnb ROI: 7.3% Traditional ROI: 6.25%
5345 Whitemarsh Lane Indianapolis, IN Discover the perfect blend of comfort, updates, and exceptional value in this rare single-...	2 beds \| 2 baths \| 1,758 sq.ft.	$220,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.68% Airbnb Rental Income: $null Traditional Rental Income: $2158 Airbnb ROI: N/A Traditional ROI: 5.68%
735 Lexington Avenue #7 Indianapolis, IN FLETCHER PLACE LOFT in the historic Union Laundry Company Building, built in 1914! Cool, ...	1 beds \| 1 baths \| 980 sq.ft.	$249,999	Airbnb cash on cash: N/A Traditional cash on cash: 1.56% Airbnb Rental Income: $null Traditional Rental Income: $1327 Airbnb ROI: N/A Traditional ROI: 1.56%
4669 Stansbury Lane Indianapolis, IN Experience the charm of living just a few steps away from the picturesque Eagle Creek Rese...	2 beds \| 2 baths \| 1,365 sq.ft.	$220,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 4.09% Airbnb Rental Income: $1431 Traditional Rental Income: $1762 Airbnb ROI: 0.45% Traditional ROI: 4.09%
6470 Meridian Parkway #APT D Indianapolis, IN Discover luxury living in this spacious main floor Woodmont condo. Enjoy an open layout, a...	2 beds \| 3 baths \| 2,134 sq.ft.	$599,900	Airbnb cash on cash: -0.72% Traditional cash on cash: 1.27% Airbnb Rental Income: $2037 Traditional Rental Income: $2620 Airbnb ROI: -0.72% Traditional ROI: 1.27%
10673 Medinah Drive Indianapolis, IN Seller may consider buyer concessions if made in an offer. Welcome to your dream home! The...	2 beds \| 2 baths \| 1,378 sq.ft.	$250,000	Airbnb cash on cash: 0.35% Traditional cash on cash: 4.57% Airbnb Rental Income: $1275 Traditional Rental Income: $1871 Airbnb ROI: 0.35% Traditional ROI: 4.57%
5338 White Marsh Lane Indianapolis, IN Welcome to Windridge! Spacious almost 1800 sq ft tastefully-updated Ranch condo located in...	2 beds \| 2 baths \| 1,775 sq.ft.	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.87% Airbnb Rental Income: $null Traditional Rental Income: $2156 Airbnb ROI: N/A Traditional ROI: 4.87%

Your search for investment property begins and ends here

Condos for Sale in Indianapolis, IN

503 Lockerbie Circle N

Indianapolis, IN

2 beds | 3 baths | 1,875 sq.ft.

$465,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 2.5%

Airbnb Rental Income: $1859

Traditional Rental Income: $2273

Airbnb ROI: 0.41%

Traditional ROI: 2.5%

7851 Cork Bend Lane

Indianapolis, IN

2 beds | 2 baths | 1,239 sq.ft.

$172,000

Airbnb cash on cash: 1.47%

Traditional cash on cash: 6.93%

Airbnb Rental Income: $1193

Traditional Rental Income: $1700

Airbnb ROI: 1.47%

Traditional ROI: 6.93%

455 S Pine Street #1

Indianapolis, IN

2 beds | 2 baths | 1,185 sq.ft.

$281,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.92%

Airbnb Rental Income: $null

Traditional Rental Income: $1696

Airbnb ROI: N/A

Traditional ROI: 2.92%

7622 Vintage Court

Indianapolis, IN

3 beds | 3 baths | 1,742 sq.ft.

$195,000

Airbnb cash on cash: 5.97%

Traditional cash on cash: 7.91%

Airbnb Rental Income: $2478

Traditional Rental Income: $2235

Airbnb ROI: 5.97%

Traditional ROI: 7.91%

6509 Emerald Hill Court #310

Indianapolis, IN

2 beds | 2 baths | 1,442 sq.ft.

$187,500

Airbnb cash on cash: N/A

Traditional cash on cash: 6.22%

Airbnb Rental Income: $null

Traditional Rental Income: $1853

Airbnb ROI: N/A

Traditional ROI: 6.22%

2145 Boston Court #B

Indianapolis, IN

4 beds | 4 baths | 2,724 sq.ft.

$295,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.21%

Airbnb Rental Income: $null

Traditional Rental Income: $3325

Airbnb ROI: N/A

Traditional ROI: 8.21%

5933 Marina View Drive

Indianapolis, IN

2 beds | 3 baths | 1,576 sq.ft.

$210,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.76%

Airbnb Rental Income: $null

Traditional Rental Income: $2169

Airbnb ROI: N/A

Traditional ROI: 7.76%

6643 N College Avenue

Indianapolis, IN

3 beds | 2 baths | 1,357 sq.ft.

$229,900

Airbnb cash on cash: 5.97%

Traditional cash on cash: 4.47%

Airbnb Rental Income: $2676

Traditional Rental Income: $1714

Airbnb ROI: 5.97%