Real Estate Investment Properties for Sale in Merrillville, IN

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

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

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
6853 Meadow View Lane Merrillville, IN	3 beds \| 2 baths \| 1,600 sq.ft.	$354,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.44% Airbnb Rental Income: $null Traditional Rental Income: $2168 Airbnb ROI: N/A Traditional ROI: 4.44%
1016 E 63rd Place Merrillville, IN Step into this beautifully updated 3-bedroom, 1-bath home nestled on almost an acre of ser...	3 beds \| 1 baths \| 1,319 sq.ft.	$234,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $1783 Airbnb ROI: N/A Traditional ROI: 6.15%
7708 Marshall Street Merrillville, IN Charming 2-Bedroom Bungalow with a Large Fenced Yard!Discover this delightful 2-bedroom, 1...	2 beds \| 1 baths \| 1,344 sq.ft.	$170,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.57% Airbnb Rental Income: $null Traditional Rental Income: $1576 Airbnb ROI: N/A Traditional ROI: 7.57%
8222 Ellsworth Ct Merrillville, IN Welcome to this charming 1.5- story home nestled on a secluded cul-de-sac! Featuring three...	3 beds \| 1 baths \| 1,936 sq.ft.	$215,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.52% Airbnb Rental Income: $null Traditional Rental Income: $1775 Airbnb ROI: N/A Traditional ROI: 6.52%
2491 W 64th Avenue Merrillville, IN Looking for a nice home in a quiet neighborhood? This is it! Welcome to your New Home Swee...	3 beds \| 2 baths \| 2,300 sq.ft.	$278,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.86% Airbnb Rental Income: $null Traditional Rental Income: $2375 Airbnb ROI: N/A Traditional ROI: 6.86%
1941 W 60Th Place Merrillville, IN Ranch home in Merrillville, Indiana offers 3 bedrooms and 1 bathroom with approximately 12...	3 beds \| 3 baths \| 2,464 sq.ft.	$251,100	Airbnb cash on cash: N/A Traditional cash on cash: 8.59% Airbnb Rental Income: $null Traditional Rental Income: $2869 Airbnb ROI: N/A Traditional ROI: 8.59%
816 W 67TH LN Merrillville, IN Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 1.5 baths \| 1,676 sq.ft.	$233,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.81% Airbnb Rental Income: $null Traditional Rental Income: $1780 Airbnb ROI: N/A Traditional ROI: 5.81%
408 W 75th Place Merrillville, IN Step into this fully remodeled 3 bedroom and 1 3/4 bath ranch on nearly 1/3 acre! NEW ROO...	3 beds \| 2 baths \| 1,442 sq.ft.	$285,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.72% Airbnb Rental Income: $null Traditional Rental Income: $2016 Airbnb ROI: N/A Traditional ROI: 5.72%
7275 Grant Street Merrillville, IN Ready to move into this Beautiful 2 Bedroom, 1.5 bathroom NEW townhome. Upper level 2 bedr...	2 beds \| 2 baths \| 1,616 sq.ft.	$297,775	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $2236 Airbnb ROI: N/A Traditional ROI: 5.76%
8536 Florida Street Merrillville, IN New construction. Four bedroom, 2.5 bath two story with full look out basement. 10 x 10 de...	4 beds \| 3 baths \| 1,870 sq.ft.	$361,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $2533 Airbnb ROI: N/A Traditional ROI: 6.15%
8528 Florida Street Merrillville, IN New Construction - Quick Possession! Auburn II plan: 3-BR 2.5-BA 2-Story Layout - 1,680 fi...	3 beds \| 3 baths \| 1,680 sq.ft.	$345,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.76% Airbnb Rental Income: $null Traditional Rental Income: $2301 Airbnb ROI: N/A Traditional ROI: 5.76%
941 W 66th Avenue Merrillville, IN PREPARE TO FALL IN LOVE!! Absolutely Gorgeous 4 bedroom 2.5 bath ranch style home! BEAUTIF...	4 beds \| 3 baths \| 2,970 sq.ft.	$312,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.49% Airbnb Rental Income: $null Traditional Rental Income: $3051 Airbnb ROI: N/A Traditional ROI: 8.49%
1985 W 75th Place #26 Merrillville, IN REDUCED PRICE: Beautiful remodeled second floor condo (bldg has elevators) with gorgeous l...	2 beds \| 2 baths \| 1,200 sq.ft.	$184,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.86% Airbnb Rental Income: $null Traditional Rental Income: $1828 Airbnb ROI: N/A Traditional ROI: 7.86%
1223 W 63rd Avenue Merrillville, IN Have you ever wanted your home to border a golf course? Here is your chance! Discover this...	5 beds \| 3 baths \| 3,360 sq.ft.	$327,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.48% Airbnb Rental Income: $null Traditional Rental Income: $3212 Airbnb ROI: N/A Traditional ROI: 8.48%
4474 W 74th Avenue Merrillville, IN YOU ARE HOME NOW!!!!! Beautiful, open-concept, and airy this 2 STORY BOASTS 3 COMPLETELY F...	4 beds \| 4 baths \| 3,171 sq.ft.	$449,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.78% Airbnb Rental Income: $null Traditional Rental Income: $3216 Airbnb ROI: N/A Traditional ROI: 5.78%
7695 Harrison Street Merrillville, IN Welcome to 7695 Harrison St!Step into this beautifully maintained, move-in ready 3-bedroom...	3 beds \| 2 baths \| 1,596 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.24% Airbnb Rental Income: $null Traditional Rental Income: $2133 Airbnb ROI: N/A Traditional ROI: 6.24%
6771 Jefferson Street Merrillville, IN Welcome to your charming 4-bedroom home splashed with color. It radiates energy and charac...	4 beds \| 3 baths \| 2,769 sq.ft.	$279,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.08% Airbnb Rental Income: $null Traditional Rental Income: $3161 Airbnb ROI: N/A Traditional ROI: 10.08%
6778 Whitcomb Street Merrillville, IN Beautiful, turnkey 5 bedroom, 3 bathroom 2,800 sq ft bi-level home waiting for your specia...	5 beds \| 3 baths \| 2,880 sq.ft.	$394,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.98% Airbnb Rental Income: $null Traditional Rental Income: $3049 Airbnb ROI: N/A Traditional ROI: 5.98%
6897 Marsh View Street Merrillville, IN Nestled in the charming Meadows subdivision, this spacious ranch-style duplex offers the p...	3 beds \| 2 baths \| 1,900 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.79% Airbnb Rental Income: $null Traditional Rental Income: $2236 Airbnb ROI: N/A Traditional ROI: 6.79%
7049 Van Buren Place Merrillville, IN Wonderful bi-level house in Turkey Creek Subdivision with 5 bedrooms and 2 bathrooms. The ...	5 beds \| 2 baths \| 1,755 sq.ft.	$237,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.74% Airbnb Rental Income: $null Traditional Rental Income: $2455 Airbnb ROI: N/A Traditional ROI: 8.74%
6365 Kentucky Place Merrillville, IN Home owners, if you're looking for a great starter home or looking to downsize, here's a w...	2 beds \| 1 baths \| 864 sq.ft.	$174,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $1278 Airbnb ROI: N/A Traditional ROI: 5.07%
8429 Jasper Court Merrillville, IN Welcome to this charming 4-bedroom home nestled on a serene cul-de-sac. Spacious kitchen ,...	4 beds \| 3 baths \| 3,247 sq.ft.	$386,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.17% Airbnb Rental Income: $null Traditional Rental Income: $2892 Airbnb ROI: N/A Traditional ROI: 6.17%
1430 W 75th Avenue Merrillville, IN Welcome home to this 4 bedroom, 2.75 bath, charming home in the sought after Savannah Ridg...	4 beds \| 3 baths \| 2,360 sq.ft.	$300,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.44% Airbnb Rental Income: $null Traditional Rental Income: $2768 Airbnb ROI: N/A Traditional ROI: 7.44%
5300 E 73rd Avenue Merrillville, IN Discover your dream home in Merrillville, Indiana! This stunning 4-bedroom, 3-bath home is...	4 beds \| 3 baths \| 3,044 sq.ft.	$399,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.07% Airbnb Rental Income: $null Traditional Rental Income: $3115 Airbnb ROI: N/A Traditional ROI: 6.07%
1308 W 61st Place Merrillville, IN Step inside to discover a welcoming foyer leading to an open-concept living and dining are...	4 beds \| 2 baths \| 1,824 sq.ft.	$265,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.71% Airbnb Rental Income: $null Traditional Rental Income: $2370 Airbnb ROI: N/A Traditional ROI: 7.71%
870 Marcella Road Merrillville, IN Welcome to this spacious and well-maintained quad-level home, featuring 4 bedrooms and 2 b...	4 beds \| 2 baths \| 3,241 sq.ft.	$247,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.55% Airbnb Rental Income: $null Traditional Rental Income: $2394 Airbnb ROI: N/A Traditional ROI: 7.55%
7911 Chase Street Merrillville, IN Merrillville - $244,900 Or TRADE! Don't get stuck owning two homes! Buy This Home with as ...	5 beds \| 2 baths \| 1,916 sq.ft.	$244,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.38% Airbnb Rental Income: $null Traditional Rental Income: $2484 Airbnb ROI: N/A Traditional ROI: 8.38%
7514 W Taft Street Merrillville, IN Welcome to this charming 2-bedroom, 1-bath ranch nestled on a spacious half-acre lot! This...	2 beds \| 1 baths \| 720 sq.ft.	$174,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $1253 Airbnb ROI: N/A Traditional ROI: 4.92%
2575 W 60th Drive Merrillville, IN PREPARE TO FALL IN LOVE!! Absolutely Gorgeous 3 bedroom 2 bath ranch style home! BEAUTIFUL...	3 beds \| 2 baths \| 1,684 sq.ft.	$257,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.41% Airbnb Rental Income: $null Traditional Rental Income: $2213 Airbnb ROI: N/A Traditional ROI: 7.41%
6909 Van Buren Street Merrillville, IN Welcome home to this rare two-story with full basement located in beautiful Turkey Creek. ...	3 beds \| 2 baths \| 2,281 sq.ft.	$264,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.31% Airbnb Rental Income: $null Traditional Rental Income: $2319 Airbnb ROI: N/A Traditional ROI: 7.31%
7455 Jennings Place Merrillville, IN Brand New Ranch home located in Merrillville. What an amazing deal! Beautiful cabinets wi...	3 beds \| 2 baths \| 1,478 sq.ft.	$317,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.91% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 4.91%
7456 Wilson Place Merrillville, IN Brand New Ranch home located in Merrillville. What an amazing deal! Beautiful cabinets wi...	3 beds \| 2 baths \| 1,478 sq.ft.	$317,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 5.71%
7465 Jennings Place Merrillville, IN Brand New Ranch home located in Merrillville. What an amazing deal! Beautiful cabinets wi...	3 beds \| 2 baths \| 1,478 sq.ft.	$317,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 5.71%
7468 Wilson Place Merrillville, IN Brand New Ranch home located in Merrillville. What an amazing deal! Beautiful cabinets wi...	3 beds \| 2 baths \| 1,478 sq.ft.	$317,500	Airbnb cash on cash: N/A Traditional cash on cash: 5.71% Airbnb Rental Income: $null Traditional Rental Income: $2110 Airbnb ROI: N/A Traditional ROI: 5.71%
7833 Hendricks Street Merrillville, IN Welcome to this inviting 3-bedroom, 1-bath ranch-style home in Merrillville! Featuring a s...	3 beds \| 1 baths \| 1,230 sq.ft.	$214,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.13% Airbnb Rental Income: $null Traditional Rental Income: $1644 Airbnb ROI: N/A Traditional ROI: 6.13%
4139 W 74th Avenue Merrillville, IN Welcome to 4139 W 74th Ave in beautiful Merrillville, Indiana! This charming 5-bedroom, 2-...	5 beds \| 2 baths \| 2,340 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.98% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 6.98%

Real Estate investment in Merrillville, IN

There are 58 properties for sale in the city of Merrillville . The median list price in Merrillville is $265,000 and the average price per square foot is $137. In December 2024, the average monthly cash on cash return in Merrillville is 6.00%. The average monthly rental income in Merrillville is $2,191.

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

There are 58 investment properties available for sale in Merrillville.

The ROI for Short-Term is higher than the Long-Term in Merrillville with average rental income of $N/A.

Your search for investment property begins and ends here

Investment Property for Sale in Merrillville, IN

6853 Meadow View Lane

Merrillville, IN

3 beds | 2 baths | 1,600 sq.ft.

$354,500

Airbnb cash on cash: N/A

Traditional cash on cash: 4.44%

Airbnb Rental Income: $null

Traditional Rental Income: $2168

Airbnb ROI: N/A

Traditional ROI: 4.44%

1016 E 63rd Place

Merrillville, IN

3 beds | 1 baths | 1,319 sq.ft.

$234,900

Airbnb cash on cash: N/A

Traditional cash on cash: 6.15%

Airbnb Rental Income: $null

Traditional Rental Income: $1783

Airbnb ROI: N/A

Traditional ROI: 6.15%

7708 Marshall Street

Merrillville, IN

2 beds | 1 baths | 1,344 sq.ft.

$170,000

Airbnb cash on cash: N/A

Traditional cash on cash: 7.57%

Airbnb Rental Income: $null

Traditional Rental Income: $1576

Airbnb ROI: N/A

Traditional ROI: 7.57%

8222 Ellsworth Ct

Merrillville, IN

3 beds | 1 baths | 1,936 sq.ft.

$215,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.52%

Airbnb Rental Income: $null

Traditional Rental Income: $1775

Airbnb ROI: N/A

Traditional ROI: 6.52%

2491 W 64th Avenue

Merrillville, IN

3 beds | 2 baths | 2,300 sq.ft.

$278,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.86%

Airbnb Rental Income: $null

Traditional Rental Income: $2375

Airbnb ROI: N/A

Traditional ROI: 6.86%

1941 W 60Th Place

Merrillville, IN

3 beds | 3 baths | 2,464 sq.ft.

$251,100

Airbnb cash on cash: N/A

Traditional cash on cash: 8.59%

Airbnb Rental Income: $null

Traditional Rental Income: $2869

Airbnb ROI: N/A

Traditional ROI: 8.59%

816 W 67TH LN

Merrillville, IN

3 beds | 1.5 baths | 1,676 sq.ft.

$233,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.81%

Airbnb Rental Income: $null

Traditional Rental Income: $1780

Airbnb ROI: N/A

Traditional ROI: 5.81%

408 W 75th Place

Merrillville, IN

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

$285,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.72%

Airbnb Rental Income: $null

Traditional Rental Income: $2016

Airbnb ROI: N/A