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    New Albany, IN Multifamily Properties for Sale

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    Louisville, KY Floyds Knobs, IN Clarksville, IN
    Five-Unit Multifamily Investment Opportunity
    $600,000
    5,356 SF
    Five-Unit Multifamily Investment Opportunity

    1011 Vincennes Street, New Albany, IN 47150

    Five-unit property with income and upside potential in New Albany.
    • 5‑unit apartment building built in 1919
    • Unit mix: one 3BD/3BA (Unit 4), three 2BD/2BA units (Units 1–3), and one 1BD/1BA unit (Unit 5)
    • Unit 3 is the only upstairs unit and has a private deck entry
    • All units are individually climate‑controlled with efficient mini‑split systems
    • Seller notes flexible terms, including seller‑paid closing costs and renovation credit
    Updated: May 8
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    Mixed-Use Apartment Building
    $1,590,000
    Mixed-Use Apartment Building

    207 East Main Street, New Albany, IN 47150

    For-sale mixed-use property with apartment units and first-floor restaurant space, available by appointment with notice.
    • Mixed‑use property with apartment units and first‑floor restaurant space
    • 1st‑floor restaurant space available by appointment
    • Minimum 24 hours notice required for apartment showings
    Updated: May 29
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    Renovated Multifamily Property in Indiana
    $4,700,000
    Renovated Multifamily Property in Indiana

    52-unit multifamily property in New Albany, Indiana, renovated in 2019.

    309 East Spring Street, New Albany, IN 47150

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    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 3 Active listings in New Albany, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Updated Two-Unit Duplex for Sale
    $175,000
    1,543 SF
    Updated Two-Unit Duplex for Sale

    Two updated 2-bedroom units with tenants in place offer an income-focused ownership structure.

    4141 W Market St, Louisville, KY 40212

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    Louisville Duplex: Investor's Dream
    $175,000
    1,663 SF
    Louisville Duplex: Investor's Dream

    Well-maintained duplex with modern updates and reliable tenants in Louisville.

    4143 W Market St, Louisville, KY 40212

    View details
    Flats at Greentree Apartments
    $3,100,000
    Flats at Greentree Apartments

    Stabilized multifamily property in Clarksville, Indiana with recent renovations.

    1632 Greentree Blvd, Clarksville, IN 47129

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    Clarksville Site for Development
    $1,000,000
    2.35 Acres
    Clarksville Site for Development

    2.346-acre site suitable for hotel, restaurant, retail, or apartments.

    2.346 Acre Clarksville Site, Clarksville, IN 47129

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Land Off US HWY
    $345,500
    2.27 Acres
    Prime Land Off US HWY

    2.27 acres with excellent visibility and easy access.

    Briar Creek lot: #1, Lawrenceburg, KY 40342

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    Build-Ready Double Lot Pair
    Contact for pricing
    0.41 Acres
    Build-Ready Double Lot Pair

    Two adjoining, level lots with utilities available at the road in a lake-area subdivision.

    461 & 462 Leisure Lane, Scottsville, KY 42164

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    Land Near Lake Cumberland
    $75,000
    3.04 Acres
    Land Near Lake Cumberland

    3.04 acres near Lee's Ford Marina.

    311 Willow Oaks Dr, Nancy, KY 42544

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    Land Near Lake Cumberland
    $75,000
    3.04 Acres
    Land Near Lake Cumberland

    3.04 acres near Lee's Ford Marina.

    311 Willow Oak, Nancy, KY 42544

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    Off-Market Properties in New Albany, IN

    Consider similar Off-Market properties in New Albany, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1712 Genung Dr, Unit 1A
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,029 SF Lot: 2.04 Acres
    Estimated value
    $1,865,000
    Unit 1A

    1712 Genung Dr, New Albany, IN 47150-3767

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    404 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,958 SF Lot: 0.16 Acres
    Value Estimation by Request

    404 Main St, New Albany, IN 47150-5823

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    401 403rd E Market St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,291 SF Lot: 0.07 Acres
    Value Estimation by Request

    401 403rd E Market St, New Albany, IN 47150

    View details
    2416 Harris Ct
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,600 SF Lot: 0.34 Acres
    Value Estimation by Request

    2416 Harris Ct, New Albany, IN 47150-4571

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    1924 Silver St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,430 SF Lot: 0.37 Acres
    Value Estimation by Request

    1924 Silver St, New Albany, IN 47150-3871

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    208 Pearl St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,152 SF Lot: 0.02 Acres
    Value Estimation by Request

    208 Pearl St, New Albany, IN 47150-3416

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    1201 Dewey St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,564 SF Lot: 0.11 Acres
    Value Estimation by Request

    1201 Dewey St, New Albany, IN 47150-5864

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    4003 Grn Vly Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,512 SF Lot: 17.76 Acres
    Value Estimation by Request

    4003 Grn Vly Rd, New Albany, IN 47150-4263

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    831 Catherine Pl
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,100 SF Lot: 0.17 Acres
    Value Estimation by Request

    831 Catherine Pl, New Albany, IN 47150-3156

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    Plz Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    8,448 SF Lot: 1.70 Acres
    Estimated value
    $665,000

    Plz Dr, New Albany, IN 47150

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    3300 Plz Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,392 SF Lot: 0.34 Acres
    Estimated value
    $545,000

    3300 Plz Dr, New Albany, IN 47150-2350

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    3302 Plz Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,392 SF Lot: 0.39 Acres
    Estimated value
    $545,000

    3302 Plz Dr, New Albany, IN 47150-2389

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    3202 Plz Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    8,448 SF Lot: 1.77 Acres
    Estimated value
    $675,000

    3202 Plz Dr, New Albany, IN 47150-6949

    View details
    307 10th St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,656 SF Lot: 0.13 Acres
    Value Estimation by Request

    307 10th St, New Albany, IN 47150-2931

    View details
    1943 Ctr St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,220 SF Lot: 0.18 Acres
    Value Estimation by Request

    1943 Ctr St, New Albany, IN 47150-1678

    View details
    1801 Ekin Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,216 SF Lot: 0.92 Acres
    Value Estimation by Request

    1801 Ekin Ave, New Albany, IN 47150-1769

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    157 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,800 SF Lot: 0.02 Acres
    Value Estimation by Request

    157 Main St, New Albany, IN 47150-5856

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    207 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)
    10,750 SF Lot: 0.12 Acres
    Value Estimation by Request

    207 Main St, New Albany, IN 47150-5893

    View details
    1811 Spg St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,100 SF Lot: 0.16 Acres
    Value Estimation by Request

    1811 Spg St, New Albany, IN 47150-1607

    View details
    2301 Spg Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,360 SF Lot: 0.32 Acres
    Value Estimation by Request

    2301 Spg Ave, New Albany, IN 47150-1590

    View details
    230 Pearl St
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,080 SF Lot: 0.02 Acres
    Value Estimation by Request

    230 Pearl St, New Albany, IN 47150-3416

    View details

    New Albany, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 26 multifamily properties for sale in New Albany, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $4,700,000.

    Sale prices for multifamily properties in New Albany, IN start at $4,700,000, averaging $4,700,000, and reaching up to $4,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 3

    Demographics Overview

    Population 50K
    Population Growth (5Y) +3.7%
    Median Household Income $62,212
    College Educated 18.3%

    High-Yield Neighborhoods for Investment

    Identify New Albany submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47150 $4.7M

    Taxes & Financing

    Tax Rate (average for all types) 2.56%
    Property Tax per SF $33.47 per SF
    Tax Rate vs County Average 0.20 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Floyd County

    New Delisted

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