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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

Rental Income
Listed for sale 7 days ago
$ 230,000
ROI
25.3
Cash Flow/m
355- 4 Bed
- 2 Bath
- 2275 sft
2716 Green Valley Road, New Albany, IN, 47150

Fix & Flip
Motivated Seller
$ 255,000
ROI
21.3
Cash Flow/m
108- 5 Bed
- 5 Bath
- 2280 sft
1110 Chartres Street, New Albany, IN, 47150

Currently Rented
$ 220,000
ROI
32.2
Cash Flow/m
764- 3 Bed
- 2 Bath
- 1786 sft
1829 Culbertson Avenue, New Albany, IN, 47150

$ 175,000
ROI
24.8
Cash Flow/m
244- - Bed
- - Bath
- 2864 sft
623 E Spring 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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