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    Short Term Rental

    Indianapolis, IN Short Term Rental Properties for Sale

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    Renovated Triplex-Style Income Property
    Updated: Jul 1
    Renovated Triplex-Style Income Property

    2018 Prospect Street, Indianapolis, IN 46203

    $475,000
    0.09 AC lot
    2‑unit/3‑income duplex‑triplex hybrid with two modern 2BR/2BA units plus a private studio in‑law suite
    Each 2BR/2BA unit features an open concept layout and independent in‑unit laundry
    Studio in‑law suite has its own separate entrance for short‑term or multi‑generational use
    Upgraded from the studs up with all‑new electrical, plumbing, and HVAC systems
    Whole‑house tankless instant hot water system and whole‑house water softener
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    Updated Quadplex with Furnished Units
    Updated: Mar 20
    Updated Quadplex with Furnished Units

    2407 N Capitol Avenue, Indianapolis, IN 46208

    $659,999
    0.12 AC lot
    Quadplex built in 1914 with brick exterior, shingle roof, and forced‑air heating
    Four furnished units: three 1‑bedroom, 1‑bath single‑level units and one 2‑bedroom, 2‑bath two‑level unit
    Unit 4 includes a large walk‑in closet plus versatile spaces in each bedroom
    Cooling includes window unit(s); property has a basement and a backyard patio with multiple seating areas
    Outdoor features include a fire pit and balcony
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    Turnkey Side-by-Side Duplex
    Turnkey Side-by-Side Duplex

    2610 E North Street, Indianapolis, IN 46201

    $265,000
    0.08 AC lot

    Two occupied units with separate utilities, central heat/AC, and updated interiors, plus fenced outdoor space and alley parking.

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    Commercial Property Near Downtown
    Commercial Property Near Downtown

    1041 S East St, Indianapolis, IN 46225

    $350,000

    Commercially zoned property operating as a successful Airbnb near downtown.

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    Modern Craftsman Multi-Unit Residence
    Modern Craftsman Multi-Unit Residence

    2038 Ruckle Street, Indianapolis, IN 46202

    $929,900
    0.12 AC lot

    Dual 3-level townhomes plus a detached, 1-bedroom carriage house near parks and downtown amenities.

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    Dual Townhomes with Carriage House
    Dual Townhomes with Carriage House

    1633-1635 N New Jersey Street, Indianapolis, IN 46202

    $838,900
    0.14 AC lot

    Updated 2BR/2BA townhomes with fenced backyards, plus a detached 3-car garage and 1BR/1BA carriage house.

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    Five-Unit Multifamily Building
    Five-Unit Multifamily Building

    2937 W 10th Street, Indianapolis, IN 46222

    $189,900
    0.11 AC lot

    Five-unit income building with studio and larger units, private kitchens, and full baths in each space.

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    Triplex with Lofted Main Unit
    Triplex with Lofted Main Unit

    2455 Shelby Street, Indianapolis, IN 46203

    $375,000
    0.12 AC lot

    Turnkey triplex offering a historic-style main unit plus two upper rentals, with updated systems and separate mini-splits.

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    Remodeled Quadplex
    Remodeled Quadplex

    1338 Barth Avenue, Indianapolis, IN 46203

    $650,000
    0.14 AC lot

    Updated quadplex with two 2-bedroom/2-bath and two 1-bedroom/1-bath units, three currently leased.

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    Two-Unit Duplex with Basement
    Two-Unit Duplex with Basement

    955 E Mills Avenue, Indianapolis, IN 46227

    $249,900
    0.27 AC lot

    Duplex offers two 2-bedroom, 1.5-bath units plus a full unfinished basement for laundry and storage.

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    Rehabbed Duplex with Private Entrances
    Rehabbed Duplex with Private Entrances

    365 E Morris Street, Indianapolis, IN 46225

    $447,500
    0.09 AC lot

    Turnkey duplex with separate up-and-down entrances, multi-split HVAC, and a detached 2-car garage.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 11 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.

    Multi-Revenue Entertainment Venue
    Multi-Revenue Entertainment Venue

    4747 W State Road 46, Bloomington, IN 47404

    $1,500,000
    2.81 AC lot

    Fully renovated entertainment property with mini golf, restaurant/bar operations, live entertainment space, and short-term rental income potential.

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    Two-Unit Residence with Separate Entrance
    Two-Unit Residence with Separate Entrance

    2708 S Rogers Street, Bloomington, IN 47403

    $355,000
    2,600 sqft 0.21 AC lot

    4-bedroom home features an upstairs in-law suite with its own entrance, plus a recently renovated, encapsulated waterproof basement.

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    Two-Unit Duplex Income Property
    Two-Unit Duplex Income Property

    104 E North Street, Greenfield, IN 46140

    $120,000
    0.10 AC lot

    Two-unit duplex offers tenant-occupied Unit A and a smaller improved Unit B needing light finishing touches.

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    Restored Duplex with Separate Utilities
    Restored Duplex with Separate Utilities

    433 W Main Street, Greenfield, IN 46140

    $354,500
    0.17 AC lot

    Totally restored duplex offers an upstairs apartment with appliances and separate utilities, plus a professionally managed short-term unit.

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    Indianapolis, IN Short Term Rental Properties Market Trends and Statistics

    Explore 11 short term rental properties for sale in Indianapolis, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,951,099.

    Sale prices for short term rental properties in Indianapolis, IN start at $170,000, averaging $450,099, and reaching up to $929,900 — 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 91
    Quadplexes 13
    Apartment buildings 12
    Short term rental properties 11
    Triplexes 8

    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
    46222 $189.9K
    46205 $263.5K
    46201 $265K
    46203 $375K
    46225 $398.8K

    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.

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    Most Searched ZIP Codes in Indianapolis, IN

    • 46202
    • 46203
    • 46225
    • 46201
    • 46205
    • 46208
    • 46222
    • 46227

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