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: 6.63% Traditional cash on cash: 4.44% Airbnb Rental Income: $3700 Traditional Rental Income: $2168 Airbnb ROI: 6.63% Traditional ROI: 4.44%
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.	$301,900	Airbnb cash on cash: 8.07% Traditional cash on cash: 6.25% Airbnb Rental Income: $3700 Traditional Rental Income: $2375 Airbnb ROI: 8.07% Traditional ROI: 6.25%
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: 8.7% Traditional cash on cash: 8.59% Airbnb Rental Income: $3700 Traditional Rental Income: $2869 Airbnb ROI: 8.7% Traditional ROI: 8.59%
408 W 75th Place Merrillville, IN Step into this fully remodeled 3 bedroom and 1 3/4 bath ranch on nearly 1/3 acre! Seller h...	3 beds \| 2 baths \| 1,442 sq.ft.	$285,000	Airbnb cash on cash: 8.99% Traditional cash on cash: 5.72% Airbnb Rental Income: $3700 Traditional Rental Income: $2016 Airbnb ROI: 8.99% 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: 4.29% Traditional cash on cash: 5.76% Airbnb Rental Income: $2416 Traditional Rental Income: $2236 Airbnb ROI: 4.29% Traditional ROI: 5.76%
9207 Maryland Street Merrillville, IN Buy a Home with Built-in Equity! It features a loft that can be used as an office, game ro...	2 beds \| 2 baths \| 1,630 sq.ft.	$247,000	Airbnb cash on cash: 5.45% Traditional cash on cash: 6.65% Airbnb Rental Income: $2416 Traditional Rental Income: $2104 Airbnb ROI: 5.45% Traditional ROI: 6.65%
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: 7.59% Traditional cash on cash: 5.76% Airbnb Rental Income: $3700 Traditional Rental Income: $2301 Airbnb ROI: 7.59% 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.	$314,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.43% Airbnb Rental Income: $null Traditional Rental Income: $3051 Airbnb ROI: N/A Traditional ROI: 8.43%
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.	$190,000	Airbnb cash on cash: 7.59% Traditional cash on cash: 7.61% Airbnb Rental Income: $2416 Traditional Rental Income: $1828 Airbnb ROI: 7.59% Traditional ROI: 7.61%
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.	$469,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.49% Airbnb Rental Income: $null Traditional Rental Income: $3216 Airbnb ROI: N/A Traditional ROI: 5.49%
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.	$289,500	Airbnb cash on cash: N/A Traditional cash on cash: 9.71% Airbnb Rental Income: $null Traditional Rental Income: $3161 Airbnb ROI: N/A Traditional ROI: 9.71%
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%
520 W 76th Avenue Merrillville, IN Charming 3-Bedroom, 2-Bathroom Ranch Duplex in Prime LocationWelcome to this delightful 1,...	3 beds \| 2 baths \| 1,622 sq.ft.	$260,000	Airbnb cash on cash: 9.38% Traditional cash on cash: 6.07% Airbnb Rental Income: $3700 Traditional Rental Income: $2081 Airbnb ROI: 9.38% Traditional ROI: 6.07%
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: 9.42% Traditional cash on cash: 6.79% Airbnb Rental Income: $3700 Traditional Rental Income: $2236 Airbnb ROI: 9.42% 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: 8.35% Traditional cash on cash: 5.07% Airbnb Rental Income: $2416 Traditional Rental Income: $1278 Airbnb ROI: 8.35% 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%
423 W 53rd Avenue Merrillville, IN Welcome to your dream home! This beautifully renovated ranch-style residence offers a perf...	4 beds \| 3 baths \| 2,288 sq.ft.	$267,900	Airbnb cash on cash: N/A Traditional cash on cash: 9.34% Airbnb Rental Income: $null Traditional Rental Income: $2826 Airbnb ROI: N/A Traditional ROI: 9.34%
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.	$275,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.4% Airbnb Rental Income: $null Traditional Rental Income: $2370 Airbnb ROI: N/A Traditional ROI: 7.4%
870 Marcella Road Merrillville, IN *BRAND NEW ROOF WILL BE INSTALLED SOON*Welcome to this spacious and well-maintained qu...	4 beds \| 2 baths \| 3,241 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.45% Airbnb Rental Income: $null Traditional Rental Income: $2394 Airbnb ROI: N/A Traditional ROI: 7.45%
7911 Chase Street Merrillville, IN Merrillville - $257k Or TRADE! Don't get stuck owning two homes! Buy This Home with as lit...	5 beds \| 2 baths \| 1,916 sq.ft.	$257,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.95% Airbnb Rental Income: $null Traditional Rental Income: $2484 Airbnb ROI: N/A Traditional ROI: 7.95%
2505 West 57th ave Merrillville, IN â¢Property is being sold in an "as is" condition, and the condition is unknown ...	4 beds \| 2 baths \| N/A	$192,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.32% Airbnb Rental Income: $null Traditional Rental Income: $2381 Airbnb ROI: N/A Traditional ROI: 10.32%
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.	$179,900	Airbnb cash on cash: 8.1% Traditional cash on cash: 4.76% Airbnb Rental Income: $2416 Traditional Rental Income: $1253 Airbnb ROI: 8.1% Traditional ROI: 4.76%
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.	$269,000	Airbnb cash on cash: 9.45% Traditional cash on cash: 7.18% Airbnb Rental Income: $3700 Traditional Rental Income: $2319 Airbnb ROI: 9.45% Traditional ROI: 7.18%
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: 7.54% Traditional cash on cash: 4.91% Airbnb Rental Income: $3700 Traditional Rental Income: $2110 Airbnb ROI: 7.54% 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: 8.34% Traditional cash on cash: 5.71% Airbnb Rental Income: $3700 Traditional Rental Income: $2110 Airbnb ROI: 8.34% 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: 8.34% Traditional cash on cash: 5.71% Airbnb Rental Income: $3700 Traditional Rental Income: $2110 Airbnb ROI: 8.34% 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: 8.34% Traditional cash on cash: 5.71% Airbnb Rental Income: $3700 Traditional Rental Income: $2110 Airbnb ROI: 8.34% Traditional ROI: 5.71%
4139 W 74th Avenue Merrillville, IN	5 beds \| 2 baths \| 2,340 sq.ft.	$299,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.72% Airbnb Rental Income: $null Traditional Rental Income: $2522 Airbnb ROI: N/A Traditional ROI: 6.72%
6510 E 85th Court Merrillville, IN Completely renovated and meticulously updated, this modern home boasts 5 spacious bedrooms...	5 beds \| 2 baths \| 2,364 sq.ft.	$389,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $2504 Airbnb ROI: N/A Traditional ROI: 5.09%
874 W 87th Avenue Merrillville, IN This charming 3-bedroom, 2-bathroom ranch-style half duplex/townhome is the perfect blend ...	3 beds \| 2 baths \| 1,542 sq.ft.	$264,999	Airbnb cash on cash: 9.8% Traditional cash on cash: 6.14% Airbnb Rental Income: $3700 Traditional Rental Income: $1980 Airbnb ROI: 9.8% Traditional ROI: 6.14%

Real Estate investment in Merrillville, IN

There are 42 properties for sale in the city of Merrillville . The median list price in Merrillville is $264,999 and the average price per square foot is $141. In November 2024, the average monthly cash on cash return in Merrillville is 7.00%. The average monthly rental income in Merrillville is $2,266.

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

There are 42 investment properties available for sale in Merrillville.

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

The ROI for Short-Term is higher than the Long-Term in Merrillville with average rental income of $3,700.

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: 6.63%

Traditional cash on cash: 4.44%

Airbnb Rental Income: $3700

Traditional Rental Income: $2168

Airbnb ROI: 6.63%

Traditional ROI: 4.44%

2491 W 64th Avenue

Merrillville, IN

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

$301,900

Airbnb cash on cash: 8.07%

Traditional cash on cash: 6.25%

Airbnb Rental Income: $3700

Traditional Rental Income: $2375

Airbnb ROI: 8.07%

Traditional ROI: 6.25%

1941 W 60Th Place

Merrillville, IN

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

$251,100

Airbnb cash on cash: 8.7%

Traditional cash on cash: 8.59%

Airbnb Rental Income: $3700

Traditional Rental Income: $2869

Airbnb ROI: 8.7%

Traditional ROI: 8.59%

408 W 75th Place

Merrillville, IN

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

$285,000

Airbnb cash on cash: 8.99%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $3700

Traditional Rental Income: $2016

Airbnb ROI: 8.99%

Traditional ROI: 5.72%

7275 Grant Street

Merrillville, IN

2 beds | 2 baths | 1,616 sq.ft.

$297,775

Airbnb cash on cash: 4.29%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $2416

Traditional Rental Income: $2236

Airbnb ROI: 4.29%

Traditional ROI: 5.76%

9207 Maryland Street

Merrillville, IN

2 beds | 2 baths | 1,630 sq.ft.

$247,000

Airbnb cash on cash: 5.45%

Traditional cash on cash: 6.65%

Airbnb Rental Income: $2416

Traditional Rental Income: $2104

Airbnb ROI: 5.45%

Traditional ROI: 6.65%

8536 Florida Street

Merrillville, IN

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

3 beds | 3 baths | 1,680 sq.ft.

$345,900

Airbnb cash on cash: 7.59%

Traditional cash on cash: 5.76%

Airbnb Rental Income: $3700

Traditional Rental Income: $2301

Airbnb ROI: 7.59%