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    Indianapolis, IN Short Term Rental Properties for Sale

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    Renovated Duplex with Private Yard
    Updated: Aug 28
    Renovated Duplex with Private Yard

    333 S State Street, Indianapolis, IN 46201

    $439,900
    0.10 AC lot
    Renovated duplex with 2 bedrooms and 2 bathrooms
    0.1‑acre lot in Indianapolis, IN
    Gated 2‑car rear parking with alley access
    Private yard and welcoming front porch
    Forced‑air heating and central air conditioning
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    Quadplex with Furnished Units
    Updated: Mar 20
    Quadplex with Furnished Units

    2407 N Capitol Avenue, Indianapolis, IN 46208

    $649,900
    0.12 AC lot
    Four‑unit property with three one‑bedroom, one‑bath residences and one two‑bedroom, two‑bath residence
    The two‑bedroom unit spans two levels and includes a walk‑in closet
    0.12‑acre parcel with two garages accommodating at least three vehicles total
    1914 brick construction with forced‑air heat and window‑unit cooling
    Backyard patio with multiple seating areas and an outdoor fire pit
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    Residential Income, Indianapolis, IN
    Residential Income, Indianapolis, IN

    1863/1865/1867 Orleans Street, Indianapolis, IN 46203

    $235,000
    0.17 AC lot

    Short term rental properties · 0.17 Acres

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    See hot listings in Indianapolis

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Renovated Foursquare Duplex
    Renovated Foursquare Duplex

    333 S State St, Indianapolis, IN 46201

    $439,900
    4,443 sqft

    Private yard, rear parking, and a welcoming porch complement short-term and corporate travel use.

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    Renovated Victorian Duplex
    Renovated Victorian Duplex

    715-717 E 15th St, Indianapolis, IN 46202

    $485,000
    4,661 sqft

    Two updated units retain original character with heart-pine floors, covered porches, and refreshed kitchens.

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    Remodeled Duplex with Separate Utilities
    Remodeled Duplex with Separate Utilities

    4462 Carrollton Ave, Indianapolis, IN 46205

    $499,900
    8,015 sqft 0.18 AC lot

    Two three-bedroom units combine furnished short-term and long-term rental setups.

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    Renovated Foursquare Duplex
    Renovated Foursquare Duplex

    333 S State St, Indianapolis, IN 46201

    $474,900
    4,443 sqft

    Updated two-unit residence with a private yard, rear parking, and welcoming front porch.

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    Commercial Property Near Downtown
    Commercial Property Near Downtown

    1041 S East St, Indianapolis, IN 46225

    $345,000
    1,128 sqft

    Commercially zoned property operating as a successful Airbnb near downtown.

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    Craftsman Fourplex with Rental Operation
    Craftsman Fourplex with Rental Operation

    37 W Fall Creek Parkway South Drive, Indianapolis, IN 46208

    $725,000

    Four legal units combine furnished short-term lodging with an owner-occupied upper-floor suite.

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    Victorian Duplex
    Victorian Duplex

    878 Fletcher Ave, Indianapolis, IN 46203

    Contact for pricing

    Two residences include a two-bedroom lower unit and a four-bedroom upper residence with additional third-floor flex space.

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Indianapolis, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Historic Downtown Apartment Building
    Historic Downtown Apartment Building

    215 E 3Rd Street, Marion, IN 46952

    $2,500,000
    7,053 sqft 0.40 AC lot

    Multi-unit property with furnished residences, an office, and basement space suited to bar or restaurant use.

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    Historic Downtown Apartment Building
    Historic Downtown Apartment Building

    215 E 3rd St, Marion, IN 46952

    $2,500,000
    7,053 sqft

    Twenty-three residential units include furnished options, a studio, and a dedicated office space.

    View details
    Ranch Duplex with Outbuilding
    Ranch Duplex with Outbuilding

    10034 State Road 1, Brookville, IN 47012

    $160,000
    1,800 sqft 1.00 AC lot

    Natural setting near Brookville Lake with driveway parking and additional barn storage.

    View details
    Duplex with Barn and Stream Setting
    Duplex with Barn and Stream Setting

    A-10034 State Road 1, Brookville, IN 47012

    $165,000
    1,800 sqft

    Two-unit property with flexible rental options, extra storage space, and a natural setting near Brookville Lake.

    View details

    Indianapolis, IN Short Term Rental Properties Market Trends and Statistics

    Explore 10 short term rental properties for sale in Indianapolis, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 22,690 square feet of properties for sale, with an estimated market value of $4,294,500.

    Sale prices for short term rental properties in Indianapolis, IN start at $235,000, averaging $477,166, and reaching up to $725,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 220
    Quadplexes 27
    Apartment buildings 20
    Triplexes 14
    Short term rental properties 9

    Demographics Overview

    Population 979K
    Population Growth (5Y) +2.8%
    Median Household Income $67,417
    College Educated 30.4%

    High-Yield Neighborhoods for Investment

    Identify Indianapolis submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46203 $250K
    46225 $345K
    46201 $451.6K
    46202 $499K
    46205 $499.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.46%
    Property Tax per SF $41.61 per SF
    Tax Rate vs County Average 0.02 pp below county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Indianapolis fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Popular Searches in Indianapolis, IN

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46201
    • 46203
    • 46208
    • 46202
    • 46205
    • 46225

    Featured Indianapolis Real Estate Agencies

    Realmo connects you with licensed Indianapolis CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Highgarden Real Estate
    8200 Haverstick Rd., Suite 100 Indianapolis, IN 46240
    Phone: 13172804663
    www.highgarden-indianapolis.com
    Ron Cheeks Real Estate Group
    5397 E 38th St Indianapolis, IN 46218
    Phone: 13175427653
    www.speaktocheeks.com
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