Townhouse Investment Properties for Sale in Indianapolis, IN
346- 3 Bed
- 4 Bath
- 2502 sft
321- 2 Bed
- 4 Bath
- 2366 sft
151- 4 Bed
- 1 Bath
- 1600 sft
190- 2 Bed
- 3 Bath
- 1708 sft
Why Invest in Indianapolis, Indiana?
Townhouses in Indianapolis offer strong investment potential amid the city's balanced housing reset and NAR #4 hotspot ranking for 2026. Inventory is up 20-30% from 2025, supporting stable cap rates around 6-7% and rental yields of 7-8%. Job growth exceeds 1%, driving renter demand with 45%+ occupancy. Annual appreciation holds at 2-4%, bolstered by Eli Lilly expansions and infrastructure gains. Affordable entry at median prices near $235K makes townhouses ideal for cash flow-focused portfolios.
Frequently Asked Questions
Yes, townhouses benefit from rising inventory and 7.5% permit growth, offering cap rates of 6-7% and strong rental demand. Affordability and job growth make them resilient for cash flow. NAR ranks Indy #4 for 2026 hotspots.
Find Your Perfect Investment Property in Indianapolis, Indiana
Explore investment opportunities by strategy, performance, or property type
