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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in New Albany, IN
Currently Rented
Rental Income
$ 175,000
ROI
30.8
Cash Flow/m
537- 4 Bed
- 2 Bath
- 1231 sft
1508 Beech Street, New Albany, IN, 47150
$ 250,000
ROI
29.4Cash Flow/m
674- 5 Bed
- 4 Bath
- 3500 sft
719 E Elm St, New Albany, IN, 47150
Currently Rented
$ 235,000
ROI
22.5Cash Flow/m
179- 3 Bed
- 3 Bath
- 1726 sft
1913 Center Street, New Albany, IN, 47150
$ 220,000
ROI
30.0Cash Flow/m
626- 3 Bed
- 3 Bath
- 1380 sft
1619 King 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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