Real Estate Investment Properties for Sale in New Albany, IN

Looking for investment property in New Albany, IN with high ROI ?

Explore a variety of short-term homes & houses in New Albany, IN. Invest wisely with VRBO & New Albany, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in New Albany, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
3152 Corydon Pike New Albany, IN SIMPLY BREATHTAKING!!! is the only way to explain this 90+ ac RETREAT! Keep it "as is" and...	3 beds \| 1 baths \| 2,304 sq.ft.	$1,500,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 0.08% Airbnb Rental Income: $2453 Traditional Rental Income: $1748 Airbnb ROI: 0.16% Traditional ROI: 0.08%
1260 Vance Avenue New Albany, IN Step inside this beautifully updated home filled with lots of charm! A new roof and HVAC s...	3 beds \| 1 baths \| 1,746 sq.ft.	$258,900	Airbnb cash on cash: 5.53% Traditional cash on cash: 3.99% Airbnb Rental Income: $2453 Traditional Rental Income: $1479 Airbnb ROI: 5.53% Traditional ROI: 3.99%
203 Denny Drive New Albany, IN Come take a look at this great brick ranch style home with a fully finished basement! So m...	3 beds \| 3 baths \| 1,974 sq.ft.	$234,890	Airbnb cash on cash: 6.18% Traditional cash on cash: 8.75% Airbnb Rental Income: $2453 Traditional Rental Income: $2426 Airbnb ROI: 6.18% Traditional ROI: 8.75%
3840 Monty Dr New Albany, IN BEAUTIFULLY RENOVATED AND MOVE-IN READY.....3BR/2BA BRICK home approx 1300SF peaceful, dea...	3 beds \| 2 baths \| 1,300 sq.ft.	$239,900	Airbnb cash on cash: 6.04% Traditional cash on cash: 4.91% Airbnb Rental Income: $2453 Traditional Rental Income: $1601 Airbnb ROI: 6.04% Traditional ROI: 4.91%
235 W 9th Street New Albany, IN Price Improvement! What a great opportunity to purchase this nice home in New Albany! This...	2 beds \| 1 baths \| 768 sq.ft.	$130,000	Airbnb cash on cash: 7.86% Traditional cash on cash: 6.85% Airbnb Rental Income: $1770 Traditional Rental Income: $1160 Airbnb ROI: 7.86% Traditional ROI: 6.85%
4023 Green Valley Road New Albany, IN Nestled on just over 31 ACRES of beautiful, wooded countryside, this stunning 4-bedroom, 2...	4 beds \| 2 baths \| 2,670 sq.ft.	$559,900	Airbnb cash on cash: 4.44% Traditional cash on cash: 3.19% Airbnb Rental Income: $4062 Traditional Rental Income: $2542 Airbnb ROI: 4.44% Traditional ROI: 3.19%
619 Albany Street New Albany, IN Front porch welcomes you. A chef's delite kitchen w/upgrade appliances well design with m...	3 beds \| 2 baths \| 1,716 sq.ft.	$210,000	Airbnb cash on cash: 7.36% Traditional cash on cash: 8.02% Airbnb Rental Income: $2453 Traditional Rental Income: $1986 Airbnb ROI: 7.36% Traditional ROI: 8.02%
1737 E Spring Street New Albany, IN LOOK! COMES WITH EXTRA LOT! 2 bed, 1 bath >>Don't miss this newly updated move in ready ho...	2 beds \| 1 baths \| 1,260 sq.ft.	$205,000	Airbnb cash on cash: 4.67% Traditional cash on cash: 5.16% Airbnb Rental Income: $1770 Traditional Rental Income: $1382 Airbnb ROI: 4.67% Traditional ROI: 5.16%
2111 Charlestown Road New Albany, IN This home qualifies for PNC Non-repayable Grant. When financing with PNC, you can use the ...	2 beds \| 1 baths \| 928 sq.ft.	$133,000	Airbnb cash on cash: 7.58% Traditional cash on cash: 7.04% Airbnb Rental Income: $1770 Traditional Rental Income: $1217 Airbnb ROI: 7.58% Traditional ROI: 7.04%
3828 Payne Koehler Road New Albany, IN Here's an opportunity to own nearly 5 acres of land in a prime location. Ideal for possib...	4 beds \| 3 baths \| 3,634 sq.ft.	$799,900	Airbnb cash on cash: 2.87% Traditional cash on cash: 2.11% Airbnb Rental Income: $4062 Traditional Rental Income: $2627 Airbnb ROI: 2.87% Traditional ROI: 2.11%
1105 Westwood Lane New Albany, IN SELLER OFFERING $5000 towards paving of driveway! This completely renovated home in a hig...	4 beds \| 3 baths \| 3,200 sq.ft.	$347,900	Airbnb cash on cash: 7.49% Traditional cash on cash: 6.45% Airbnb Rental Income: $4062 Traditional Rental Income: $2858 Airbnb ROI: 7.49% Traditional ROI: 6.45%
208 Silver Slope Drive New Albany, IN Cute little two bedroom one bath home on a dead end road. Enjoy all the conveniences of li...	2 beds \| 1 baths \| 1,104 sq.ft.	$145,900	Airbnb cash on cash: 6.58% Traditional cash on cash: 7% Airbnb Rental Income: $1770 Traditional Rental Income: $1344 Airbnb ROI: 6.58% Traditional ROI: 7%
103 Colonial Club Drive New Albany, IN Welcome Home to 103 Colonial Club Drive offering hassle-free living. It's an ideal option ...	2 beds \| 2 baths \| 1,109 sq.ft.	$167,000	Airbnb cash on cash: 3.55% Traditional cash on cash: 4.5% Airbnb Rental Income: $1770 Traditional Rental Income: $1438 Airbnb ROI: 3.55% Traditional ROI: 4.5%
2030 Ekin Avenue New Albany, IN Remodeled 3 bedroom 1 bath bungelow. It was taken down to the studs in 2023 by the previou...	3 beds \| 1 baths \| 1,168 sq.ft.	$170,000	Airbnb cash on cash: 9.13% Traditional cash on cash: 6.4% Airbnb Rental Income: $2453 Traditional Rental Income: $1413 Airbnb ROI: 9.13% Traditional ROI: 6.4%
2312 Frederick Avenue New Albany, IN Welcome to this delightful home nestled on a spacious corner lot in a charming, establishe...	3 beds \| 3 baths \| 2,070 sq.ft.	$254,900	Airbnb cash on cash: 5.38% Traditional cash on cash: 7.22% Airbnb Rental Income: $2453 Traditional Rental Income: $2299 Airbnb ROI: 5.38% Traditional ROI: 7.22%
120 Royal Court New Albany, IN Move-in ready condo in New Albany! Completely renovated with beautiful granite countertop...	2 beds \| 2 baths \| 1,558 sq.ft.	$290,000	Airbnb cash on cash: 1.17% Traditional cash on cash: 3.48% Airbnb Rental Income: $1770 Traditional Rental Income: $1917 Airbnb ROI: 1.17% Traditional ROI: 3.48%
2122 WILLARD AVE New Albany, IN Invest with success and buy through Auction.com. This bank-owned investment property is a ...	3 beds \| 1 baths \| 1,288 sq.ft.	$204,000	Airbnb cash on cash: 7.84% Traditional cash on cash: 5.44% Airbnb Rental Income: $2453 Traditional Rental Income: $1391 Airbnb ROI: 7.84% Traditional ROI: 5.44%
3840 Dunbar Avenue New Albany, IN New Price! Welcome to your forever home! This brand-new construction, two-story modern gem...	3 beds \| 3 baths \| 1,300 sq.ft.	$263,900	Airbnb cash on cash: 5.73% Traditional cash on cash: 5.37% Airbnb Rental Income: $2453 Traditional Rental Income: $1765 Airbnb ROI: 5.73% Traditional ROI: 5.37%
2111 Fawcett Hill Road New Albany, IN Impressive renovation has 3 bedrooms with new carpeting, Kitchen with awesome upgrades inc...	3 beds \| 2 baths \| 1,428 sq.ft.	$259,000	Airbnb cash on cash: 5.17% Traditional cash on cash: 4.78% Airbnb Rental Income: $2453 Traditional Rental Income: $1760 Airbnb ROI: 5.17% Traditional ROI: 4.78%
1500 E Market Street New Albany, IN Adorable 3 bedroom 1 1/2 bath home in the heart of New Albany. Perfect location to be near...	3 beds \| 2 baths \| 1,445 sq.ft.	$174,900	Airbnb cash on cash: 8.54% Traditional cash on cash: 8.26% Airbnb Rental Income: $2453 Traditional Rental Income: $1809 Airbnb ROI: 8.54% Traditional ROI: 8.26%
2206 Green Valley Road New Albany, IN PRIME LOCATION with endless possibilities. This .55 ac lot is situated in a high traffic ...	3 beds \| 1 baths \| 2,109 sq.ft.	$189,000	Airbnb cash on cash: 7.63% Traditional cash on cash: 6.95% Airbnb Rental Income: $2453 Traditional Rental Income: $1733 Airbnb ROI: 7.63% Traditional ROI: 6.95%
604 Penny Lane #Lot 14 New Albany, IN CHRISTMAS SPECIAL! $5,000 Builder Special AT CLOSING for closing costs, Screened porch, or...	3 beds \| 2 baths \| 1,950 sq.ft.	$389,900	Airbnb cash on cash: 2.52% Traditional cash on cash: 3.05% Airbnb Rental Income: $2453 Traditional Rental Income: $2050 Airbnb ROI: 2.52% Traditional ROI: 3.05%
602 Penny Lane #Lot 15 New Albany, IN CHRISTMAS SPECIAL! $5,000 Builder Special AT CLOSING for closing costs, Screened porch, or...	3 beds \| 2 baths \| 1,950 sq.ft.	$389,900	Airbnb cash on cash: 2.52% Traditional cash on cash: 3.05% Airbnb Rental Income: $2453 Traditional Rental Income: $2050 Airbnb ROI: 2.52% Traditional ROI: 3.05%
2111 Beech Grove Avenue New Albany, IN Welcome to your new home in the heart of New Albany. This beautiful home blends craftsman ...	2 beds \| 1 baths \| 1,323 sq.ft.	$179,000	Airbnb cash on cash: 4.62% Traditional cash on cash: 5.94% Airbnb Rental Income: $1770 Traditional Rental Income: $1512 Airbnb ROI: 4.62% Traditional ROI: 5.94%
2205 Ekin Avenue New Albany, IN WOW, come check out this wonderfully remodeled/renovated home in the heart of New Albany. ...	2 beds \| 2 baths \| 1,544 sq.ft.	$254,900	Airbnb cash on cash: 3.77% Traditional cash on cash: 4.22% Airbnb Rental Income: $1770 Traditional Rental Income: $1395 Airbnb ROI: 3.77% Traditional ROI: 4.22%
1825 Culbertson Ave New Albany, IN Like a new house!!!! FULL remodeling.!!!! Gorgeous open floor concept home with every mode...	3 beds \| 1 baths \| 1,244 sq.ft.	$219,800	Airbnb cash on cash: 6.92% Traditional cash on cash: 5.77% Airbnb Rental Income: $2453 Traditional Rental Income: $1617 Airbnb ROI: 6.92% Traditional ROI: 5.77%
4408 Chandler Court New Albany, IN Beautiful modern gem with a separate apartment, nestled in the hills, offering serene livi...	4 beds \| 4 baths \| 3,072 sq.ft.	$699,900	Airbnb cash on cash: 3.47% Traditional cash on cash: 3.75% Airbnb Rental Income: $4062 Traditional Rental Income: $3376 Airbnb ROI: 3.47% Traditional ROI: 3.75%
306 Amburgey Drive New Albany, IN This 3 bedroom home has been remodeled and ready for its new owners. Close to downtown New...	3 beds \| 1 baths \| 1,118 sq.ft.	$189,900	Airbnb cash on cash: 8.65% Traditional cash on cash: 5.98% Airbnb Rental Income: $2453 Traditional Rental Income: $1373 Airbnb ROI: 8.65% Traditional ROI: 5.98%
1603 E Oak Street New Albany, IN Price Improvement! Motivated Seller! Step into this classic gem, believed to have been bui...	4 beds \| 2 baths \| 2,672 sq.ft.	$335,000	Airbnb cash on cash: 8.16% Traditional cash on cash: 5.5% Airbnb Rental Income: $4062 Traditional Rental Income: $2358 Airbnb ROI: 8.16% Traditional ROI: 5.5%
1601 Ekin Avenue New Albany, IN Discover this fantastic home in a prime downtown location, just a short walk from schools!...	2 beds \| 1 baths \| 1,008 sq.ft.	$135,000	Airbnb cash on cash: 7.91% Traditional cash on cash: 7.64% Airbnb Rental Income: $1770 Traditional Rental Income: $1251 Airbnb ROI: 7.91% Traditional ROI: 7.64%
617 E 8th Street New Albany, IN This 3 Bed, 2.5 bath home is ready for entertaining or a quiet evening on the covered fron...	3 beds \| 3 baths \| 1,800 sq.ft.	$305,000	Airbnb cash on cash: 4.74% Traditional cash on cash: 6.14% Airbnb Rental Income: $2453 Traditional Rental Income: $2256 Airbnb ROI: 4.74% Traditional ROI: 6.14%
722 Mosier Avenue New Albany, IN Looking for a newly remodeled home that won't break the bank? This is the one! The list of...	2 beds \| 1 baths \| 907 sq.ft.	$175,000	Airbnb cash on cash: 6% Traditional cash on cash: 5.59% Airbnb Rental Income: $1770 Traditional Rental Income: $1217 Airbnb ROI: 6% Traditional ROI: 5.59%
710 Victoria Court New Albany, IN Shows Well. Master bedroom has extra vanity & sink. Pull down stairs in second bedroom for...	2 beds \| 1 baths \| 760 sq.ft.	$179,900	Airbnb cash on cash: 5.47% Traditional cash on cash: 4.19% Airbnb Rental Income: $1770 Traditional Rental Income: $1067 Airbnb ROI: 5.47% Traditional ROI: 4.19%
305 Colonial Club Drive New Albany, IN CONDO/TOWN HOUSE AVAILABLE in Colonial Club Condos in New Albany, IN. This CONDO is 2 Bed...	2 beds \| 3 baths \| 1,604 sq.ft.	$197,000	Airbnb cash on cash: 3.04% Traditional cash on cash: 6.09% Airbnb Rental Income: $1770 Traditional Rental Income: $1858 Airbnb ROI: 3.04% Traditional ROI: 6.09%
611 E Spring Street New Albany, IN ATTENTION INVESTORS AND ENTREPRENEURS!!! This Charming Historic Gem offers endless possib...	3 beds \| 2 baths \| 2,312 sq.ft.	$384,900	Airbnb cash on cash: 3.49% Traditional cash on cash: 4.23% Airbnb Rental Income: $2453 Traditional Rental Income: $2122 Airbnb ROI: 3.49% Traditional ROI: 4.23%
4212- Lot 132 Skylar Way New Albany, IN The Holly is a charming 3-bedroom, 2-bathroom ranch home offering the perfect blend of sty...	3 beds \| 2 baths \| 1,665 sq.ft.	$329,900	Airbnb cash on cash: 3.75% Traditional cash on cash: 3.99% Airbnb Rental Income: $2453 Traditional Rental Income: $1931 Airbnb ROI: 3.75% Traditional ROI: 3.99%
2004 Culbertson Avenue New Albany, IN Back on the Market due to buyer job loss. Get instant equity as this house just appraised...	3 beds \| 2 baths \| 1,774 sq.ft.	$274,500	Airbnb cash on cash: 5.3% Traditional cash on cash: 5.89% Airbnb Rental Income: $2453 Traditional Rental Income: $2008 Airbnb ROI: 5.3% Traditional ROI: 5.89%
305 Glenview Heights New Albany, IN Nestled in the quiet Glenview Heights neighborhood, this inviting 3-bed, 2-bath home offer...	3 beds \| 2 baths \| 2,335 sq.ft.	$240,000	Airbnb cash on cash: 6.42% Traditional cash on cash: 7.56% Airbnb Rental Income: $2453 Traditional Rental Income: $2116 Airbnb ROI: 6.42% Traditional ROI: 7.56%
3118 Beacon Drive New Albany, IN Fantastic 3 bdrm 1 bath, Minutes From Mt. Tabor Elementary, Community Park, and Wal Mart i...	3 beds \| 1 baths \| 864 sq.ft.	$192,000	Airbnb cash on cash: 7.58% Traditional cash on cash: 4.3% Airbnb Rental Income: $2453 Traditional Rental Income: $1257 Airbnb ROI: 7.58% Traditional ROI: 4.3%
3047 Bridlewood Lane #Lot 210 New Albany, IN OPEN HOUSE SUNDAY 2-4 PM. The JUSTICE PLAN at BRIDLEWOOD. This Home Plan includes 4-BRs, 3...	4 beds \| 3 baths \| 2,695 sq.ft.	$489,900	Airbnb cash on cash: 4.89% Traditional cash on cash: 3.56% Airbnb Rental Income: $4062 Traditional Rental Income: $2588 Airbnb ROI: 4.89% Traditional ROI: 3.56%

Real Estate investment in New-albany, IN

There are 81 properties for sale in the city of New Albany . The median list price in New Albany is $234,895 and the average price per square foot is $146. In December 2024, the average monthly cash on cash return in New Albany is 6.00%. The average monthly rental income in New Albany is $1,727.

New-albany, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 81 investment properties available for sale in New-albany.

In 2024, the best neighborhood to buy investment property is New Albany.

The ROI for Short-Term is higher than the Long-Term in New-albany with average rental income of $2,453.

Your search for investment property begins and ends here

Investment Property for Sale in New Albany, IN

3152 Corydon Pike

New Albany, IN

3 beds | 1 baths | 2,304 sq.ft.

$1,500,000

Airbnb cash on cash: 0.16%

Traditional cash on cash: 0.08%

Airbnb Rental Income: $2453

Traditional Rental Income: $1748

Airbnb ROI: 0.16%

Traditional ROI: 0.08%

1260 Vance Avenue

New Albany, IN

3 beds | 1 baths | 1,746 sq.ft.

$258,900

Airbnb cash on cash: 5.53%

Traditional cash on cash: 3.99%

Airbnb Rental Income: $2453

Traditional Rental Income: $1479

Airbnb ROI: 5.53%

Traditional ROI: 3.99%

203 Denny Drive

New Albany, IN

3 beds | 3 baths | 1,974 sq.ft.

$234,890

Airbnb cash on cash: 6.18%

Traditional cash on cash: 8.75%

Airbnb Rental Income: $2453

Traditional Rental Income: $2426

Airbnb ROI: 6.18%

Traditional ROI: 8.75%

3840 Monty Dr

New Albany, IN

3 beds | 2 baths | 1,300 sq.ft.

$239,900

Airbnb cash on cash: 6.04%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $2453

Traditional Rental Income: $1601

Airbnb ROI: 6.04%

Traditional ROI: 4.91%

235 W 9th Street

New Albany, IN

2 beds | 1 baths | 768 sq.ft.

$130,000

Airbnb cash on cash: 7.86%

Traditional cash on cash: 6.85%

Airbnb Rental Income: $1770

Traditional Rental Income: $1160

Airbnb ROI: 7.86%

Traditional ROI: 6.85%

4023 Green Valley Road

New Albany, IN

4 beds | 2 baths | 2,670 sq.ft.

$559,900

Airbnb cash on cash: 4.44%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $4062

Traditional Rental Income: $2542

Airbnb ROI: 4.44%

Traditional ROI: 3.19%

619 Albany Street

New Albany, IN

3 beds | 2 baths | 1,716 sq.ft.

$210,000

Airbnb cash on cash: 7.36%

Traditional cash on cash: 8.02%

Airbnb Rental Income: $2453

Traditional Rental Income: $1986

Airbnb ROI: 7.36%

Traditional ROI: 8.02%

1737 E Spring Street

New Albany, IN

2 beds | 1 baths | 1,260 sq.ft.

$205,000

Airbnb cash on cash: 4.67%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $1770

Traditional Rental Income: $1382

Airbnb ROI: 4.67%