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    Albion, IN Residential Income Properties for Sale

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    Kendallville, IN Wawaka, IN Rome City, IN
    Lakefront Home with Water Frontage
    $150,000
    920 SF
    Lakefront Home with Water Frontage

    4283 W 500 S, Albion, IN 46701

    Residential property on Big Lake with 50 feet of waterfront and a newer roof needing interior renovation.
    • 50 feet of water frontage on Big Lake, known for excellent fishing.
    • Newer roof (within the last couple of years) provides a solid foundation.
    • Prime opportunity to renovate and customize a lakefront property.
    • Located directly on Big Lake in a highly desirable setting.
    • Features central air conditioning and natural gas forced air heating.
    Updated: Apr 13
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    Remodeled Mixed-Use Building with Apartment
    $549,500
    0.40 Acres
    Remodeled Mixed-Use Building with Apartment

    111 W Hazel Street, Albion, IN 46701

    Completely remodeled mixed-use building with office space and residential apartment.
    • Completely remodeled mixed‑use building featuring a large 5128 sq ft main floor office area divisible into two spaces.
    • Spacious 2376 sq ft 3‑bedroom, 2‑bath apartment on the upper floor with updated modern finishes.
    • Main floor office includes 10 private offices, a conference room, open modular space, breakroom, and 3 ADA restrooms.
    • Apartment features a modern kitchen with a large island and maple counters, plus a private deck and fenced greenspace.
    • Asphalt parking lot with 28‑space capacity.
    Updated: Sep 15, 2025
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    Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 2 Active listings in Albion, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 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.

    Fully Leased Sixplex Investment
    $229,900
    3,754 SF
    Fully Leased Sixplex Investment

    Well-maintained fully occupied six-unit property offers stable income with potential for rent growth.

    208 E Van Buren Street, Columbia City, IN 46725

    View details
    Columbia City Triplex Opportunity
    $137,500
    2,142 SF
    Columbia City Triplex Opportunity

    Triplex with three units, ideal for savvy investors.

    220 E Van Buren Street, Columbia City, IN 46725

    View details
    Historic Downtown Mixed-Use Opportunity
    $194,900
    6,000 SF
    Historic Downtown Mixed-Use Opportunity

    Over 6,000 sq ft in Kendallville's historic downtown.

    211/213 S Main Street, Kendallville, IN 46755

    View details
    Downtown Kendallville Commercial Property For Sale
    $199,000
    6,663 SF
    Downtown Kendallville Commercial Property For Sale

    Prime commercial building in downtown Kendallville, ideal for retail.

    104 S Main Street, Kendallville, IN 46755

    View details

    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.

    Residential Land in Arrowhead Ridge
    $91,900
    0.68 Acres
    Residential Land in Arrowhead Ridge

    Residential land in a private, rural subdivision with public sewer.

    6041 Peoria Drive, Churubusco, IN 46723

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    Residential Land in Arrowhead Ridge
    $98,900
    0.73 Acres
    Residential Land in Arrowhead Ridge

    Residential land in a private, rural subdivision with expansive lots.

    4751 Shawnee Lane, Churubusco, IN 46723

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    Residential Land in Arrowhead Ridge
    $96,900
    0.75 Acres
    Residential Land in Arrowhead Ridge

    Residential land in a private, rural subdivision with public sewer.

    6058 Peoria Drive, Churubusco, IN 46723

    View details
    Residential Land in Arrowhead Ridge
    $94,900
    0.73 Acres
    Residential Land in Arrowhead Ridge

    Residential land in a private, rural subdivision with public sewer.

    6096 Peoria Drive, Churubusco, IN 46723

    View details

    Off-Market Properties in Albion, IN

    Consider similar Off-Market properties in Albion, 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.

    4220 Albion Rd
    Land
    Value Estimation by Request

    4220 Albion Rd, Albion, IN 46701

    View details
    Walnut St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.30 Acres
    Value Estimation by Request

    Walnut St, Albion, IN 46701

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    Railroad St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.13 Acres
    Value Estimation by Request

    Railroad St, Albion, IN 46701

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    315 Railroad St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 2.20 Acres
    Value Estimation by Request

    315 Railroad St, Albion, IN 46701-1657

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    403 7th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.04 Acres
    Value Estimation by Request

    403 7th St, Albion, IN 46701-1499

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    411 6th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.69 Acres
    Value Estimation by Request

    411 6th St, Albion, IN 46701

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    411 6th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.46 Acres
    Value Estimation by Request

    411 6th St, Albion, IN 46701

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    410 5th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.46 Acres
    Value Estimation by Request

    410 5th St, Albion, IN 46701

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    410 5th St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.46 Acres
    Value Estimation by Request

    410 5th St, Albion, IN 46701

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    410 Es St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 3.63 Acres
    Value Estimation by Request

    410 Es St, Albion, IN 46701-1276

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    814 Es St
    MOBILE HOME PARK, TRAILER PARK
    1,296 SF Lot: 7.46 Acres
    Value Estimation by Request

    814 Es St, Albion, IN 46701-1330

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    814 Es St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.90 Acres
    Value Estimation by Request

    814 Es St, Albion, IN 46701-1330

    View details

    Albion, IN Residential Income Properties Investment Opportunities Market Analysis

    Explore 14 residential income properties for sale in Albion, IN on our real estate platform. These investment opportunities span a total of 920 square feet of properties for sale, with an estimated market value of $150,000.

    Sale prices for residential income properties in Albion, IN start at $150,000, averaging $150,000, and reaching up to $150,000 — 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

    Single family properties 2

    Demographics Overview

    Population 8,186
    Population Growth (5Y) +2.2%
    Median Household Income $76,813
    College Educated 36.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46701 $549.5K

    Taxes & Financing

    Tax Rate (average for all types) 1.61%
    Property Tax per SF $28.54 per SF
    Tax Rate vs County Average 0.22 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Noble County

    New Delisted

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