Carmel, IN Investment Properties for Sale
Browse homes for sale and investment properties in Carmel, IN. Refine your search by price, property type, or more.
Best cash flowing properties in Carmel, IN
      Active
      
        
          $220,000
        
      
      
        
          2
          bds
         |
        
          2
          ba
         |
        
          1,072
          sqft
         |
        
          built
          1989
        
      
      
        1074 Timber Creek Dr, Carmel, IN 46032
      
      
            $-129
          
          Cash flow
        
            -3.1%
          
          Cash-on-Cash Return
        
            5.4%
          
          Cap rate
        
            0.8%
          
          Rent to Value Ratio
        
      Active
      
        
          $250,000
        
      
      
        
          2
          bds
         |
        
          2
          ba
         |
        
          1,815
          sqft
         |
        
          built
          1974
        
      
      
        162 Carmelaire Dr, Carmel, IN 46032
      
      
            $-241
          
          Cash flow
        
            -5.0%
          
          Cash-on-Cash Return
        
            5.0%
          
          Cap rate
        
            0.8%
          
          Rent to Value Ratio
        
        
          135 out of 148 properties for sale in Carmel, IN
        
        
                  
      
    Limited Results Shown
Create a free account, or log in to reveal all property listings and enjoy the complete experience.
      Active
      
        
          $385,000
        
      
      
        
          3
          bds
         |
        
          2
          ba
         |
        
          1,389
          sqft
         |
        
          built
          1990
        
      
      
        10700 Pimlico Cir, Carmel, IN 46280
      
      
            $-532
          
          Cash flow
        
            -7.2%
          
          Cash-on-Cash Return
        
            4.5%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $818,010
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          3,385
          sqft
         |
        
          built
          1969
        
      
      
        12 Maplecrest Dr, Carmel, IN 46033
      
      
            $-2,189
          
          Cash flow
        
            -14.0%
          
          Cash-on-Cash Return
        
            2.9%
          
          Cap rate
        
            0.4%
          
          Rent to Value Ratio
        
      Active
      
        
          $585,000
        
      
      
        
          4
          bds
         |
        
          2
          ba
         |
        
          3,642
          sqft
         |
        
          built
          1960
        
      
      
        9797 Ditch Rd, Carmel, IN 46032
      
      
            $-1,065
          
          Cash flow
        
            -9.5%
          
          Cash-on-Cash Return
        
            4.0%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $915,000
        
      
      
        
          4
          bds
         |
        
          5
          ba
         |
        
          4,818
          sqft
         |
        
          built
          2013
        
      
      
        3832 Pelham Rd, Carmel, IN 46074
      
      
            $-1,709
          
          Cash flow
        
            -9.7%
          
          Cash-on-Cash Return
        
            3.9%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $514,900
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          2,402
          sqft
         |
        
          built
          1970
        
      
      
        2559 Pleasant Way W, Carmel, IN 46280
      
      
            $-913
          
          Cash flow
        
            -9.3%
          
          Cash-on-Cash Return
        
            4.0%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $599,000
        
      
      
        
          5
          bds
         |
        
          3
          ba
         |
        
          2,480
          sqft
         |
        
          built
          1965
        
      
      
        817 Alwyne Rd, Carmel, IN 46032
      
      
            $-653
          
          Cash flow
        
            -5.7%
          
          Cash-on-Cash Return
        
            4.8%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $700,000
        
      
      
        
          4
          bds
         |
        
          4
          ba
         |
        
          4,478
          sqft
         |
        
          built
          2005
        
      
      
        14094 Plantation Wood Ln, Carmel, IN 46033
      
      
            $-1,218
          
          Cash flow
        
            -9.1%
          
          Cash-on-Cash Return
        
            4.1%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $1,290,000
        
      
      
        
          6
          bds
         |
        
          5
          ba
         |
        
          5,429
          sqft
         |
        
          built
          1993
        
      
      
        434 Sheffield Ct, Carmel, IN 46032
      
      
            $-3,196
          
          Cash flow
        
            -12.9%
          
          Cash-on-Cash Return
        
            3.2%
          
          Cap rate
        
            0.4%
          
          Rent to Value Ratio
        
      Active
      
        
          $400,000
        
      
      
        
          2
          bds
         |
        
          3
          ba
         |
        
          2,171
          sqft
         |
        
          built
          1990
        
      
      
        5059 Morton Pl, Carmel, IN 46033
      
      
            $-338
          
          Cash flow
        
            -4.4%
          
          Cash-on-Cash Return
        
            5.1%
          
          Cap rate
        
            0.7%
          
          Rent to Value Ratio
        
      Active
      
        
          $524,900
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          2,704
          sqft
         |
        
          built
          1985
        
      
      
        10535 Breckenridge Dr, Carmel, IN 46033
      
      
            $-343
          
          Cash flow
        
            -3.4%
          
          Cash-on-Cash Return
        
            5.4%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $989,000
        
      
      
        
          5
          bds
         |
        
          5
          ba
         |
        
          5,021
          sqft
         |
        
          built
          1989
        
      
      
        12899 Brighton Ave, Carmel, IN 46032
      
      
            $-1,586
          
          Cash flow
        
            -8.4%
          
          Cash-on-Cash Return
        
            4.2%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $800,000
        
      
      
        
          4
          bds
         |
        
          4
          ba
         |
        
          4,191
          sqft
         |
        
          built
          2003
        
      
      
        13218 Beckwith Dr, Carmel, IN 46074
      
      
            $-1,758
          
          Cash flow
        
            -11.5%
          
          Cash-on-Cash Return
        
            3.5%
          
          Cap rate
        
            0.4%
          
          Rent to Value Ratio
        
      Active
      
        
          $220,000
        
      
      
        
          2
          bds
         |
        
          2
          ba
         |
        
          1,072
          sqft
         |
        
          built
          1989
        
      
      
        1098 Timber Creek Dr, Carmel, IN 46032
      
      
            $-267
          
          Cash flow
        
            -6.3%
          
          Cash-on-Cash Return
        
            4.7%
          
          Cap rate
        
            0.7%
          
          Rent to Value Ratio
        
      Active
      
        
          $515,000
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          2,320
          sqft
         |
        
          built
          1977
        
      
      
        223 Haldale Dr, Carmel, IN 46032
      
      
            $-662
          
          Cash flow
        
            -6.7%
          
          Cash-on-Cash Return
        
            4.6%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $1,150,000
        
      
      
        
          4
          bds
         |
        
          4
          ba
         |
        
          5,526
          sqft
         |
        
          built
          1996
        
      
      
        311 2nd St NE, Carmel, IN 46032
      
      
            $-2,372
          
          Cash flow
        
            -10.8%
          
          Cash-on-Cash Return
        
            3.7%
          
          Cap rate
        
            0.4%
          
          Rent to Value Ratio
        
      Active
      
        
          $4,495,000
        
      
      
        
          5
          bds
         |
        
          8
          ba
         |
        
          11,192
          sqft
         |
        
          built
          1991
        
      
      
        1098 Laurelwood, Carmel, IN 46032
      
      
            $-18,929
          
          Cash flow
        
            -22.0%
          
          Cash-on-Cash Return
        
            1.1%
          
          Cap rate
        
            0.1%
          
          Rent to Value Ratio
        
      Active
      
        
          $1,200,000
        
      
      
        
          3
          bds
         |
        
          2
          ba
         |
        
          1,657
          sqft
         |
        
          built
          1954
        
      
      
        1921 E 116th St, Carmel, IN 46032
      
      
            $-4,905
          
          Cash flow
        
            -21.3%
          
          Cash-on-Cash Return
        
            1.2%
          
          Cap rate
        
            0.2%
          
          Rent to Value Ratio
        
      Active
      
        
          $612,000
        
      
      
        
          5
          bds
         |
        
          4
          ba
         |
        
          4,245
          sqft
         |
        
          built
          2003
        
      
      
        14109 Secretariat Ct, Carmel, IN 46074
      
      
            $-790
          
          Cash flow
        
            -6.7%
          
          Cash-on-Cash Return
        
            4.6%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $479,500
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          2,094
          sqft
         |
        
          built
          1978
        
      
      
        10778 Haverstick Rd, Carmel, IN 46033
      
      
            $-701
          
          Cash flow
        
            -7.6%
          
          Cash-on-Cash Return
        
            4.4%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $1,225,000
        
      
      
        
          5
          bds
         |
        
          5
          ba
         |
        
          4,617
          sqft
         |
        
          built
          2012
        
      
      
        3429 Woodham Pl, Carmel, IN 46033
      
      
            $-2,374
          
          Cash flow
        
            -10.1%
          
          Cash-on-Cash Return
        
            3.8%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $2,999,900
        
      
      
        
          6
          bds
         |
        
          9
          ba
         |
        
          12,633
          sqft
         |
        
          built
          2005
        
      
      
        13346 W Sherbern Dr, Carmel, IN 46032
      
      
            $-11,020
          
          Cash flow
        
            -19.2%
          
          Cash-on-Cash Return
        
            1.7%
          
          Cap rate
        
            0.2%
          
          Rent to Value Ratio
        
      Active
      
        
          $749,900
        
      
      
        
          4
          bds
         |
        
          4
          ba
         |
        
          4,124
          sqft
         |
        
          built
          2002
        
      
      
        5983 Clearview Dr, Carmel, IN 46033
      
      
            $-1,506
          
          Cash flow
        
            -10.5%
          
          Cash-on-Cash Return
        
            3.7%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $1,275,000
        
      
      
        
          5
          bds
         |
        
          5
          ba
         |
        
          5,977
          sqft
         |
        
          built
          2006
        
      
      
        13758 Foxdale Lake Dr, Carmel, IN 46032
      
      
            $-3,526
          
          Cash flow
        
            -14.4%
          
          Cash-on-Cash Return
        
            2.8%
          
          Cap rate
        
            0.4%
          
          Rent to Value Ratio
        
      Active
      
        
          $849,999
        
      
      
        
          5
          bds
         |
        
          4
          ba
         |
        
          4,920
          sqft
         |
        
          built
          1995
        
      
      
        12488 Heatherstone Pl, Carmel, IN 46033
      
      
            $-1,351
          
          Cash flow
        
            -8.3%
          
          Cash-on-Cash Return
        
            4.2%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $899,990
        
      
      
        
          5
          bds
         |
        
          5
          ba
         |
        
          5,665
          sqft
         |
        
          built
          2012
        
      
      
        4182 Kattman Ct, Carmel, IN 46074
      
      
            $-1,304
          
          Cash flow
        
            -7.6%
          
          Cash-on-Cash Return
        
            4.4%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $645,000
        
      
      
        
          4
          bds
         |
        
          4
          ba
         |
        
          4,911
          sqft
         |
        
          built
          2008
        
      
      
        2640 Millgate Ct, Carmel, IN 46033
      
      
            $-850
          
          Cash flow
        
            -6.9%
          
          Cash-on-Cash Return
        
            4.6%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $350,000
        
      
      
        
          3
          bds
         |
        
          2
          ba
         |
        
          1,460
          sqft
         |
        
          built
          1997
        
      
      
        11197 Ruckle St, Carmel, IN 46032
      
      
            $-305
          
          Cash flow
        
            -4.5%
          
          Cash-on-Cash Return
        
            5.1%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $519,000
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          2,754
          sqft
         |
        
          built
          1972
        
      
      
        11611 Rolling Springs Dr, Carmel, IN 46033
      
      
            $-810
          
          Cash flow
        
            -8.1%
          
          Cash-on-Cash Return
        
            4.3%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $599,900
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          3,594
          sqft
         |
        
          built
          1976
        
      
      
        10194 Briar Creek Ln, Carmel, IN 46033
      
      
            $-1,115
          
          Cash flow
        
            -9.7%
          
          Cash-on-Cash Return
        
            3.9%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $285,000
        
      
      
        
          2
          bds
         |
        
          2
          ba
         |
        
          1,535
          sqft
         |
        
          built
          2001
        
      
      
        1447 Shadow Ridge Rd, Carmel, IN 46280
      
      
            $-458
          
          Cash flow
        
            -8.4%
          
          Cash-on-Cash Return
        
            4.2%
          
          Cap rate
        
            0.7%
          
          Rent to Value Ratio
        
      Active
      
        
          $500,000
        
      
      
        
          5
          bds
         |
        
          3
          ba
         |
        
          2,816
          sqft
         |
        
          built
          1984
        
      
      
        835 Nevelle Ln, Carmel, IN 46032
      
      
            $-656
          
          Cash flow
        
            -6.8%
          
          Cash-on-Cash Return
        
            4.6%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $800,000
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          2,552
          sqft
         |
        
          built
          1975
        
      
      
        10924 Thunderbird Dr, Carmel, IN 46032
      
      
            $-1,976
          
          Cash flow
        
            -12.9%
          
          Cash-on-Cash Return
        
            3.2%
          
          Cap rate
        
            0.4%
          
          Rent to Value Ratio
        
      Active
      
        
          $425,000
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          2,068
          sqft
         |
        
          built
          1995
        
      
      
        11206 Basswood Ct, Carmel, IN 46032
      
      
            $-413
          
          Cash flow
        
            -5.1%
          
          Cash-on-Cash Return
        
            5.0%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $609,000
        
      
      
        
          4
          bds
         |
        
          3
          ba
         |
        
          3,287
          sqft
         |
        
          built
          1992
        
      
      
        11175 Woodbury Dr, Carmel, IN 46033
      
      
            $-1,002
          
          Cash flow
        
            -8.6%
          
          Cash-on-Cash Return
        
            4.2%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $724,900
        
      
      
        
          5
          bds
         |
        
          4
          ba
         |
        
          4,163
          sqft
         |
        
          built
          1980
        
      
      
        9650 Copley Dr, Carmel, IN 46290
      
      
            $-1,229
          
          Cash flow
        
            -8.8%
          
          Cash-on-Cash Return
        
            4.1%
          
          Cap rate
        
            0.5%
          
          Rent to Value Ratio
        
      Active
      
        
          $659,500
        
      
      
        
          3
          bds
         |
        
          4
          ba
         |
        
          3,158
          sqft
         |
        
          built
          1998
        
      
      
        9640 Bramblewood Way, Carmel, IN 46032
      
      
            $-745
          
          Cash flow
        
            -5.9%
          
          Cash-on-Cash Return
        
            4.8%
          
          Cap rate
        
            0.6%
          
          Rent to Value Ratio
        
      Active
      
        
          $1,450,000
        
      
      
        
          2
          bds
         |
        
          3
          ba
         |
        
          3,181
          sqft
         |
        
          built
          2007
        
      
      
        30 W Main St, Carmel, IN 46032
      
      
            $-5,222
          
          Cash flow
        
            -18.8%
          
          Cash-on-Cash Return
        
            1.8%
          
          Cap rate
        
            0.3%
          
          Rent to Value Ratio
        
      Active
      
        
          $599,900
        
      
      
        
          5
          bds
         |
        
          3
          ba
         |
        
          3,544
          sqft
         |
        
          built
          1974
        
      
      
        3713 Coventry Way, Carmel, IN 46033
      
      
            $-390
          
          Cash flow
        
            -3.4%
          
          Cash-on-Cash Return
        
            5.4%
          
          Cap rate
        
            0.7%
          
          Rent to Value Ratio