Multi Family Investment Properties for Sale in New Albany, IN

Property at 615 E 8th Street, New Albany, IN
Currently Rented
Rental Income
Listed for sale 4 days ago
$ 250,000
ROI
36.0ROI percentage
Cash Flow/m
Dollar sign1133
  • 4 Bed
  • 4 Bath
  • 2124 sft
615 E 8th Street, New Albany, IN, 47150
Property at 1823 Conservative Street, New Albany, IN
Listed for sale 6 days ago
$ 295,000
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign366
  • 4 Bed
  • 4 Bath
  • 2560 sft
1823 Conservative Street, New Albany, IN, 47150
Property at 1913 Center Street, New Albany, IN
Currently Rented
Listed for sale 7 days ago
$ 229,000
ROI
25.7ROI percentage
Cash Flow/m
Dollar sign380
  • 3 Bed
  • 3 Bath
  • 1726 sft
1913 Center Street, New Albany, IN, 47150
Property at 1307 E Market Street, New Albany, IN
Currently Rented
Rental Income
$ 225,000
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign49
  • 3 Bed
  • 2 Bath
  • 1704 sft
1307 E Market Street, New Albany, IN, 47150

Why Invest in New Albany, Indiana?

Investing in multi-family properties in New Albany, IN offers a unique opportunity for stable rental income and long-term appreciation. With a robust rental market and an average cash flow of $1,200, you can expect attractive returns. The city's population growth and increasing demand for rental units make it a strategic choice for investors.

12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
5%
1Y Appreciation

Frequently Asked Questions

The average rental prices for multi-family properties in New Albany are around $1,500 per month, influenced by the demand for housing in the area.

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