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    Floyd County, IN Residential Income Properties for Sale

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    Two-Unit Duplex Investment
    Updated: Aug 15, 2019
    Two-Unit Duplex Investment

    2301 Fairmont Avenue, New Albany, IN 47150

    $159,900
    1,851 sqft
    Duplex in New Albany with 2 bedrooms and 1 bath in each unit
    Separate meters for utilities
    Tenant pays electric and gas
    Landlord pays water, sewer, and trash
    Residential zoning
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    This listing looks promising.

    Here's a quick look at some key insights for

    2301 Fairmont Avenue, New Albany, IN 47150

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    • Est. Cap Rate

      9.1%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $208K
      Above asking

    • Property Type

      Triplex
      Built 1880
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    Five-Unit Apartment Building
    Updated: May 8
    Five-Unit Apartment Building

    1011 Vincennes Street, New Albany, IN 47150

    $575,000
    5,356 sqft 0.22 AC lot
    Five‑unit apartment building totaling 5,356 square feet
    Unit mix includes one 3‑bedroom/3‑bath, three 2‑bedroom/2‑bath, and one 1‑bedroom/1‑bath residence
    Unit 3 is the only upstairs apartment and has private deck entry
    Individual mini‑split climate systems serve all five units
    Built in 1919 on a 0.22‑acre parcel
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    Updated Duplex with Off-Street Parking
    Updated Duplex with Off-Street Parking

    1829 Culbertson Ave, New Albany, IN 47150

    $220,000
    1,786 sqft

    Two occupied units feature separate utility meters and dedicated alley-access parking.

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    Downtown Triplex Investment
    Downtown Triplex Investment

    916 E Market Street, New Albany, IN 47150

    $179,900
    2,418 sqft

    Triplex with three rental units, including capital updates such as a 2021 roof and 2021 exterior paint.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Updated Five-Unit Multifamily Home
    Updated Five-Unit Multifamily Home

    1110 Chartres St, New Albany, IN 47150

    Contact for pricing
    2,280 sqft

    Two-story five-unit property with three currently occupied and recent updates including paint, flooring, and appliances.

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    Mixed-Use Apartment Building
    Mixed-Use Apartment Building

    207 East Main Street, New Albany, IN 47150

    Contact for pricing

    For-sale mixed-use property with apartment units and first-floor restaurant space, available by appointment with notice.

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    Duplex with Two 1-Car Garages
    Duplex with Two 1-Car Garages

    4607-4609 Brush College Road, Floyds Knobs, IN 47119

    $429,900
    4,404 sqft

    Each side features 3 bedrooms, 2 full bathrooms, and a 1-car garage, with additional parking and current leases in place.

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    Well-Maintained Duplex With Two Units
    Well-Maintained Duplex With Two Units

    517 E 7th Street, New Albany, IN 47150

    $179,000
    1,593 sqft

    Duplex offers two income-producing units with month-to-month occupancy and interior updates including new furnace and roof.

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    Two-Unit Duplex Investment
    Two-Unit Duplex Investment

    245 Cherry Street, New Albany, IN 47150

    $239,000
    1,994 sqft

    Mirror-image duplex with two-bedroom units featuring attached one-car garages and separate inside stair entries.

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    Brick Duplex with Two Units
    Brick Duplex with Two Units

    3003 Jason Drive, New Albany, IN 47150

    $250,000
    2,096 sqft

    All-brick duplex built in 1989 offers two 3-bedroom units with washer/dryer hookups.

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    Newly Renovated Duplex with Separate Meters
    Newly Renovated Duplex with Separate Meters

    1309 Locust Street, New Albany, IN 47150

    $338,900
    2,722 sqft

    Renovated duplex with brand-new HVAC, plumbing, finishes, and separate meters for the house and apartment.

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    Duplex with Two Rental Units
    Duplex with Two Rental Units

    1303 E Oak Street, New Albany, IN 47150

    $149,900
    1,160 sqft

    Two-unit duplex offers an efficiency-style unit and a one-bedroom unit, both with kitchen appliances and off-street parking.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    1201 Dewey Street, New Albany, IN 47150

    $339,000

    Five-unit apartment complex with roof replacement in 2016 and window replacements in 2019.

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    Based on your search, we've compiled 46 Potential Opportunities for your consideration. Besides 13 Active listings in Floyd County, IN, we suggest exploring several alternatives: similar 29 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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 New Albany
    Residential Land in New Albany

    2.4 +/- AC Powder House Lane, New Albany, IN 47150

    $49,400
    2.40 AC lot

    2.4 +/- acre lot for dream home near downtown.

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    Residential Land in Floyds Knobs
    Residential Land in Floyds Knobs

    3634 Woodland Lakes Drive, Floyds Knobs, IN 47119

    $55,000
    0.28 AC lot

    Residential land for sale in Lakeside Forest development.

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    Residential Land in Floyds Knobs
    Residential Land in Floyds Knobs

    3624 Woodland Lakes Drive, Floyds Knobs, IN 47119

    $52,900
    0.31 AC lot

    Residential land with neighborhood amenities, near Louisville.

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    Residential Lot in Floyds Knobs
    Residential Lot in Floyds Knobs

    4006 Marquette Drive, Floyds Knobs, IN 47119

    $66,900
    0.33 AC lot

    Residential lot with community amenities in Floyds Knobs, Indiana.

    View details

    Off-Market Properties in Floyd County, IN

    Consider similar Off-Market properties in Floyd County, 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)

    1712 Genung Dr, New Albany, IN 47150-3767

    Unit 1A
    $1,865,000
    Estimated value
    1,029 sqft 2.04 AC lot
    View details
    404 Main St
    APARTMENT HOUSE (UNDER 5 UNITS)

    404 Main St, New Albany, IN 47150-5823

    $255,000
    Estimated value
    4,958 sqft 0.16 AC lot
    View details
    401 403rd E Market St
    APARTMENT HOUSE (UNDER 5 UNITS)

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

    $100,000
    Estimated value
    7,291 sqft 0.07 AC lot
    View details
    2416 Harris Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    2416 Harris Ct, New Albany, IN 47150-4571

    $95,000
    Estimated value
    3,600 sqft 0.34 AC lot
    View details
    1924 Silver St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1924 Silver St, New Albany, IN 47150-3871

    $255,000
    Estimated value
    3,430 sqft 0.37 AC lot
    View details
    208 Pearl St
    APARTMENT HOUSE (UNDER 5 UNITS)

    208 Pearl St, New Albany, IN 47150-3416

    $260,000
    Estimated value
    3,152 sqft 0.02 AC lot
    View details
    1201 Dewey St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1201 Dewey St, New Albany, IN 47150-5864

    $310,000
    Estimated value
    3,564 sqft 0.11 AC lot
    View details
    4003 Grn Vly Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

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

    $295,000
    Estimated value
    4,512 sqft 17.76 AC lot
    View details
    831 Catherine Pl
    APARTMENT HOUSE (UNDER 5 UNITS)

    831 Catherine Pl, New Albany, IN 47150-3156

    $245,000
    Estimated value
    5,100 sqft 0.17 AC lot
    View details
    Plz Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    Plz Dr, New Albany, IN 47150

    $665,000
    Estimated value
    8,448 sqft 1.70 AC lot
    View details
    3300 Plz Dr
    APARTMENT HOUSE (UNDER 5 UNITS)

    3300 Plz Dr, New Albany, IN 47150-2350

    $260,000
    Estimated value
    7,392 sqft 0.34 AC lot
    View details

    Floyd County, IN Residential Income Properties Market Trends and Statistics

    Explore 42 residential income properties for sale in Floyd County, IN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 27,660 square feet of properties for sale, with an estimated market value of $3,060,500.

    Sale prices for residential income properties in Floyd County, IN start at $149,900, averaging $278,227, and reaching up to $575,000 — 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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