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: 0.12% Traditional cash on cash: 0.08% Airbnb Rental Income: $2390 Traditional Rental Income: $1748 Airbnb ROI: 0.12% Traditional ROI: 0.08%
2211 Charlestown Road New Albany, IN Price Improvement! Motivated Seller! All offers and financing types welcome! This is a gre...	4 beds \| 2 baths \| 1,864 sq.ft.	$194,900	Airbnb cash on cash: 9.34% Traditional cash on cash: 8.97% Airbnb Rental Income: $2875 Traditional Rental Income: $2137 Airbnb ROI: 9.34% Traditional ROI: 8.97%
1260 Vance Avenue New Albany, IN *Open House Sunday 11/10 from 1-3*Step inside this beautifully updated home filled wit...	3 beds \| 1 baths \| 1,746 sq.ft.	$259,900	Airbnb cash on cash: 5.29% Traditional cash on cash: 3.97% Airbnb Rental Income: $2390 Traditional Rental Income: $1479 Airbnb ROI: 5.29% Traditional ROI: 3.97%
203 Denny Drive New Albany, IN OPEN HOUSE, Sunday, 11/17, 2PM - 4 PM! Come take a look at this great brick ranch style ho...	3 beds \| 3 baths \| 1,974 sq.ft.	$234,895	Airbnb cash on cash: 5.94% Traditional cash on cash: 8.75% Airbnb Rental Income: $2390 Traditional Rental Income: $2426 Airbnb ROI: 5.94% Traditional ROI: 8.75%
3312 Ridgewood Drive New Albany, IN Discover your new sanctuary in the highly sought-after Oakwood Estates neighborhood! This ...	3 beds \| 2 baths \| 1,740 sq.ft.	$257,500	Airbnb cash on cash: 4.64% Traditional cash on cash: 5.44% Airbnb Rental Income: $2390 Traditional Rental Income: $1996 Airbnb ROI: 4.64% Traditional ROI: 5.44%
1708 E Main Street New Albany, IN Dreaming of a home that encapsulates both charm and convenience? Look no further than this...	4 beds \| 2 baths \| 1,575 sq.ft.	$259,900	Airbnb cash on cash: 7.41% Traditional cash on cash: 6.34% Airbnb Rental Income: $2875 Traditional Rental Income: $1944 Airbnb ROI: 7.41% Traditional ROI: 6.34%
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: 9.4% Traditional cash on cash: 6.85% Airbnb Rental Income: $2001 Traditional Rental Income: $1160 Airbnb ROI: 9.4% 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: 2.55% Traditional cash on cash: 3.19% Airbnb Rental Income: $2875 Traditional Rental Income: $2542 Airbnb ROI: 2.55% 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: 7.1% Traditional cash on cash: 8.02% Airbnb Rental Income: $2390 Traditional Rental Income: $1986 Airbnb ROI: 7.1% Traditional ROI: 8.02%
1737 E Spring Street New Albany, IN Open House Thursday (Nov. 14th) 5-7pmLOOK! COMES WITH EXTRA LOT! 2 bed, 1 bath >>Don't mis...	2 beds \| 1 baths \| 1,260 sq.ft.	$205,000	Airbnb cash on cash: 5.66% Traditional cash on cash: 5.16% Airbnb Rental Income: $2001 Traditional Rental Income: $1382 Airbnb ROI: 5.66% Traditional ROI: 5.16%
2004 Silver Street New Albany, IN Stunningly Renovated Home in New Albany!This beautifully updated 2 bed/1 bath property i...	2 beds \| 1 baths \| 956 sq.ft.	$184,900	Airbnb cash on cash: 6.27% Traditional cash on cash: 4.46% Airbnb Rental Income: $2001 Traditional Rental Income: $1161 Airbnb ROI: 6.27% Traditional ROI: 4.46%
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: 9.09% Traditional cash on cash: 7.04% Airbnb Rental Income: $2001 Traditional Rental Income: $1217 Airbnb ROI: 9.09% 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: 1.55% Traditional cash on cash: 2.11% Airbnb Rental Income: $2875 Traditional Rental Income: $2627 Airbnb ROI: 1.55% Traditional ROI: 2.11%
2604 Old Lake Court New Albany, IN Priced below appraisal..... Come see this very SPACIOUS & remarkable move-in ready, 2 stor...	4 beds \| 4 baths \| 4,371 sq.ft.	$479,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 5.71% Airbnb Rental Income: $2875 Traditional Rental Income: $3385 Airbnb ROI: 3.08% Traditional ROI: 5.71%
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: 4.46% Traditional cash on cash: 6.45% Airbnb Rental Income: $2875 Traditional Rental Income: $2858 Airbnb ROI: 4.46% Traditional ROI: 6.45%
158 Cherry Street New Albany, IN Open House, Sunday, 11/10, from 2 PM-3:30PM! Come check out this wonderfully remodeled 1 s...	3 beds \| 2 baths \| 1,536 sq.ft.	$180,000	Airbnb cash on cash: 8.4% Traditional cash on cash: 8.67% Airbnb Rental Income: $2390 Traditional Rental Income: $1849 Airbnb ROI: 8.4% Traditional ROI: 8.67%
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: 7.96% Traditional cash on cash: 7% Airbnb Rental Income: $2001 Traditional Rental Income: $1344 Airbnb ROI: 7.96% 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: 4.76% Traditional cash on cash: 4.5% Airbnb Rental Income: $2001 Traditional Rental Income: $1438 Airbnb ROI: 4.76% Traditional ROI: 4.5%
808 Vincennes St New Albany, IN Enjoy living on the SUNNY SIDE of LOUISVILLE close to the river! The perfect downtown loc...	2 beds \| 2 baths \| 1,250 sq.ft.	$210,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 5% Airbnb Rental Income: $2001 Traditional Rental Income: $1786 Airbnb ROI: 3.45% Traditional ROI: 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.	$185,000	Airbnb cash on cash: 8.03% Traditional cash on cash: 5.82% Airbnb Rental Income: $2390 Traditional Rental Income: $1413 Airbnb ROI: 8.03% Traditional ROI: 5.82%
1735 McDonald Lane New Albany, IN Welcome to 1735 McDonald Lane! Lovely 4 bedroom, 3 bath renovated home featuring apx. 240...	4 beds \| 3 baths \| 2,442 sq.ft.	$254,999	Airbnb cash on cash: 6.95% Traditional cash on cash: 9.31% Airbnb Rental Income: $2875 Traditional Rental Income: $2776 Airbnb ROI: 6.95% Traditional ROI: 9.31%
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: 7.57% Traditional cash on cash: 5.44% Airbnb Rental Income: $2390 Traditional Rental Income: $1391 Airbnb ROI: 7.57% Traditional ROI: 5.44%
519 E 9th Street New Albany, IN Welcome to Midtown New Albany, just a short walk or bike ride to the Downtown New Albany, ...	4 beds \| 3 baths \| 2,802 sq.ft.	$349,900	Airbnb cash on cash: 4.92% Traditional cash on cash: 6.27% Airbnb Rental Income: $2875 Traditional Rental Income: $2649 Airbnb ROI: 4.92% Traditional ROI: 6.27%
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.	$265,000	Airbnb cash on cash: 5.5% Traditional cash on cash: 5.35% Airbnb Rental Income: $2390 Traditional Rental Income: $1765 Airbnb ROI: 5.5% Traditional ROI: 5.35%
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: 4.96% Traditional cash on cash: 4.78% Airbnb Rental Income: $2390 Traditional Rental Income: $1760 Airbnb ROI: 4.96% Traditional ROI: 4.78%
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: 7.34% Traditional cash on cash: 6.95% Airbnb Rental Income: $2390 Traditional Rental Income: $1733 Airbnb ROI: 7.34% Traditional ROI: 6.95%
604 Penny Lane #Lot 14 New Albany, IN OPEN SUNDAYS 2-4P MOVE-IN READY. Welcome to The Villages at Autumn Grove!! A LUXURY PA...	3 beds \| 2 baths \| 1,950 sq.ft.	$389,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 3.05% Airbnb Rental Income: $2390 Traditional Rental Income: $2050 Airbnb ROI: 2.38% Traditional ROI: 3.05%
602 Penny Lane #Lot 15 New Albany, IN OPEN SUNDAYS 2-4P MOVE-IN READY. Welcome to The Villages at Autumn Grove!! A LUXURY PA...	3 beds \| 2 baths \| 1,950 sq.ft.	$389,900	Airbnb cash on cash: 2.38% Traditional cash on cash: 3.05% Airbnb Rental Income: $2390 Traditional Rental Income: $2050 Airbnb ROI: 2.38% Traditional ROI: 3.05%
19 Robin Road New Albany, IN Mid-Century Modern Gem in New Albany? 19 Robin Road Step into timeless elegance at this...	3 beds \| 1 baths \| 1,149 sq.ft.	$219,900	Airbnb cash on cash: 6.84% Traditional cash on cash: 5.27% Airbnb Rental Income: $2390 Traditional Rental Income: $1477 Airbnb ROI: 6.84% Traditional ROI: 5.27%
708 W Spring Street New Albany, IN Welcome to your perfect blend of history and modern comfort! Nestled in the downtown area ...	4 beds \| 2 baths \| 2,494 sq.ft.	$294,900	Airbnb cash on cash: 6.45% Traditional cash on cash: 6.28% Airbnb Rental Income: $2875 Traditional Rental Income: $2161 Airbnb ROI: 6.45% Traditional ROI: 6.28%
2111 Beech Grove Ave New Albany, IN Welcome to your dream home in the heart of New Albany! This beautifully remodeled property...	3 beds \| 1 baths \| 1,323 sq.ft.	$189,000	Airbnb cash on cash: 7.24% Traditional cash on cash: 5.62% Airbnb Rental Income: $2390 Traditional Rental Income: $1512 Airbnb ROI: 7.24% Traditional ROI: 5.62%
3608 Sundance Drive New Albany, IN Come tour this large home that is ready to move in! This great home is perfect for enterta...	4 beds \| 4 baths \| 3,228 sq.ft.	$384,900	Airbnb cash on cash: 4.32% Traditional cash on cash: 4.8% Airbnb Rental Income: $2875 Traditional Rental Income: $2380 Airbnb ROI: 4.32% Traditional ROI: 4.8%
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.	$248,500	Airbnb cash on cash: 5.8% Traditional cash on cash: 5% Airbnb Rental Income: $2390 Traditional Rental Income: $1617 Airbnb ROI: 5.8% Traditional ROI: 5%
4408 Chandler Court New Albany, IN Beautiful modern gem with separate apartment nestled in the hills with large windows throu...	4 beds \| 4 baths \| 4,772 sq.ft.	$699,999	Airbnb cash on cash: 1.71% Traditional cash on cash: 3.5% Airbnb Rental Income: $2875 Traditional Rental Income: $3376 Airbnb ROI: 1.71% Traditional ROI: 3.5%
2203 Preakness Court New Albany, IN Welcome home to 2203 Preakness Court by D.R. Horton, located in the desirable community of...	4 beds \| 3 baths \| 2,053 sq.ft.	$289,900	Airbnb cash on cash: 5.9% Traditional cash on cash: 6.38% Airbnb Rental Income: $2875 Traditional Rental Income: $2338 Airbnb ROI: 5.9% Traditional ROI: 6.38%
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: 8.36% Traditional cash on cash: 5.98% Airbnb Rental Income: $2390 Traditional Rental Income: $1373 Airbnb ROI: 8.36% Traditional ROI: 5.98%
2344 & 2342 Corydon Pike New Albany, IN Here's your opportunity to get into real estate investing, add to your portfolio or maybe ...	4 beds \| 2 baths \| 1,504 sq.ft.	$229,900	Airbnb cash on cash: 6.85% Traditional cash on cash: 6.83% Airbnb Rental Income: $2875 Traditional Rental Income: $2201 Airbnb ROI: 6.85% Traditional ROI: 6.83%
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.	$155,000	Airbnb cash on cash: 8.09% Traditional cash on cash: 6.56% Airbnb Rental Income: $2001 Traditional Rental Income: $1251 Airbnb ROI: 8.09% Traditional ROI: 6.56%
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: 4.56% Traditional cash on cash: 6.14% Airbnb Rental Income: $2390 Traditional Rental Income: $2256 Airbnb ROI: 4.56% Traditional ROI: 6.14%
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: 6.6% Traditional cash on cash: 4.19% Airbnb Rental Income: $2001 Traditional Rental Income: $1067 Airbnb ROI: 6.6% Traditional ROI: 4.19%

Real Estate investment in New-albany, IN

There are 91 properties for sale in the city of New Albany . The median list price in New Albany is $227,400 and the average price per square foot is $133. In November 2024, the average monthly cash on cash return in New Albany is 6.00%. The average monthly rental income in New Albany is $1,771.

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

There are 91 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 $2,390.

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: 0.12%

Traditional cash on cash: 0.08%

Airbnb Rental Income: $2390

Traditional Rental Income: $1748

Airbnb ROI: 0.12%

Traditional ROI: 0.08%

2211 Charlestown Road

New Albany, IN

4 beds | 2 baths | 1,864 sq.ft.

$194,900

Airbnb cash on cash: 9.34%

Traditional cash on cash: 8.97%

Airbnb Rental Income: $2875

Traditional Rental Income: $2137

Airbnb ROI: 9.34%

Traditional ROI: 8.97%

1260 Vance Avenue

New Albany, IN

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

$259,900

Airbnb cash on cash: 5.29%

Traditional cash on cash: 3.97%

Airbnb Rental Income: $2390

Traditional Rental Income: $1479

Airbnb ROI: 5.29%

Traditional ROI: 3.97%

203 Denny Drive

New Albany, IN

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

$234,895

Airbnb cash on cash: 5.94%

Traditional cash on cash: 8.75%

Airbnb Rental Income: $2390

Traditional Rental Income: $2426

Airbnb ROI: 5.94%

Traditional ROI: 8.75%

3312 Ridgewood Drive

New Albany, IN

3 beds | 2 baths | 1,740 sq.ft.

$257,500

Airbnb cash on cash: 4.64%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $2390

Traditional Rental Income: $1996

Airbnb ROI: 4.64%

Traditional ROI: 5.44%

1708 E Main Street

New Albany, IN

4 beds | 2 baths | 1,575 sq.ft.

$259,900

Airbnb cash on cash: 7.41%

Traditional cash on cash: 6.34%

Airbnb Rental Income: $2875

Traditional Rental Income: $1944

Airbnb ROI: 7.41%

Traditional ROI: 6.34%

235 W 9th Street

New Albany, IN

2 beds | 1 baths | 768 sq.ft.

$130,000

Airbnb cash on cash: 9.4%

Traditional cash on cash: 6.85%

Airbnb Rental Income: $2001

Traditional Rental Income: $1160

Airbnb ROI: 9.4%

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: 2.55%

Traditional cash on cash: 3.19%

Airbnb Rental Income: $2875

Traditional Rental Income: $2542

Airbnb ROI: 2.55%