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.

Boro Investment Property for Sale in New Albany, IN

Search for Boro Investment Property for Sale in New Albany, Indiana. Browse all of Mashvisor’s Boro Investment Property listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 109 Boro Investment Property listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1919 Center Street New Albany, IN Investment opportunity! This historic tri-plex offers endless potential with two 1-bedroom...	4 beds \| 3 baths \| 2,323 sq.ft.	$230,000	Airbnb cash on cash: 2.56% Traditional cash on cash: 9.11% Airbnb Rental Income: $1685 Traditional Rental Income: $2641 Airbnb ROI: 2.56% Traditional ROI: 9.11%
1111 Teal Ridge Court New Albany, IN Look for easy living in this nice brick ranch located on a cul-de-sac in the sought after ...	3 beds \| 2 baths \| 2,554 sq.ft.	$444,900	Airbnb cash on cash: 0.42% Traditional cash on cash: 2.56% Airbnb Rental Income: $1335 Traditional Rental Income: $1814 Airbnb ROI: 0.42% Traditional ROI: 2.56%
3828 Payne Koehler Road New Albany, IN Attention builders and investors! This property offers incredible potential in a highly d...	4 beds \| 3 baths \| 3,634 sq.ft.	$820,000	Airbnb cash on cash: 0.18% Traditional cash on cash: 2.03% Airbnb Rental Income: $1685 Traditional Rental Income: $2627 Airbnb ROI: 0.18% Traditional ROI: 2.03%
2119 Reno Ave New Albany, IN Tucked away on a peaceful street, this charming home offers comfort, versatility, and invi...	2 beds \| 2 baths \| 1,248 sq.ft.	$220,000	Airbnb cash on cash: 2.37% Traditional cash on cash: 5.74% Airbnb Rental Income: $1319 Traditional Rental Income: $1611 Airbnb ROI: 2.37% Traditional ROI: 5.74%
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: 3.03% Traditional cash on cash: 5.44% Airbnb Rental Income: $1335 Traditional Rental Income: $1391 Airbnb ROI: 3.03% Traditional ROI: 5.44%
830 Cedar Bough Place New Albany, IN Discover history and charm at 830 Cedar Bough Place in historic New Albany! Built in 1892,...	4 beds \| 2 baths \| 2,717 sq.ft.	$399,900	Airbnb cash on cash: 1.46% Traditional cash on cash: 2.63% Airbnb Rental Income: $1685 Traditional Rental Income: $1654 Airbnb ROI: 1.46% Traditional ROI: 2.63%
4834 Ashbury Drive New Albany, IN Seller will pay up to $1500 towards buyers closing costs. Price Improvement! Here is your ...	2 beds \| 2 baths \| 1,645 sq.ft.	$319,999	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.45% Airbnb Rental Income: $1319 Traditional Rental Income: $1652 Airbnb ROI: 0.98% Traditional ROI: 3.45%
604 Navajo Drive New Albany, IN Don't miss this opportunity to own a Beautifully Renovated Home in the heart of New Albany...	3 beds \| 2 baths \| 1,636 sq.ft.	$249,900	Airbnb cash on cash: 1.88% Traditional cash on cash: 5.63% Airbnb Rental Income: $1335 Traditional Rental Income: $1807 Airbnb ROI: 1.88% Traditional ROI: 5.63%
2216 Morton Avenue New Albany, IN Every inch of this beautifully restored 1930s bungalow has been thoughtfully updated, blen...	3 beds \| 2 baths \| 1,304 sq.ft.	$285,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 3.9% Airbnb Rental Income: $1335 Traditional Rental Income: $1696 Airbnb ROI: 1.02% Traditional ROI: 3.9%
213 Colonial Club Dr New Albany, IN Welcome to easy, low-maintenance living in this beautifully maintained 2-bedroom, 2-bath c...	2 beds \| 2 baths \| 1,109 sq.ft.	$142,500	Airbnb cash on cash: 2.51% Traditional cash on cash: 4.12% Airbnb Rental Income: $1319 Traditional Rental Income: $1129 Airbnb ROI: 2.51% Traditional ROI: 4.12%
2103 Loop Island Way New Albany, IN Timeless Craftsman Charm Meets Modern Elegance Welcome to The Corneliaâa beautifully cra...	3 beds \| 2 baths \| 1,153 sq.ft.	$312,900	Airbnb cash on cash: 0.93% Traditional cash on cash: 3.19% Airbnb Rental Income: $1335 Traditional Rental Income: $1587 Airbnb ROI: 0.93% Traditional ROI: 3.19%
917 Brentwood Court New Albany, IN This magnificent house has so much to offer! Walk into the foyer with a spacious room to t...	3 beds \| 3 baths \| 2,691 sq.ft.	$338,500	Airbnb cash on cash: 0.64% Traditional cash on cash: 6.53% Airbnb Rental Income: $1335 Traditional Rental Income: $2798 Airbnb ROI: 0.64% Traditional ROI: 6.53%
3903 Rainbow Drive New Albany, IN Open house Saturday 12/13/2025 2pm-4pm!! Welcome to this beautifully remodeled 4-bedroom, ...	4 beds \| 3 baths \| 1,920 sq.ft.	$289,900	Airbnb cash on cash: 2.8% Traditional cash on cash: 5.87% Airbnb Rental Income: $1685 Traditional Rental Income: $2052 Airbnb ROI: 2.8% Traditional ROI: 5.87%
336 E 16th Street New Albany, IN Beautifully remodeled 3 Bedroom, 2 bath home located in heart of New Albany and close to a...	3 beds \| 2 baths \| 1,483 sq.ft.	$219,900	Airbnb cash on cash: 2.44% Traditional cash on cash: 6.41% Airbnb Rental Income: $1335 Traditional Rental Income: $1751 Airbnb ROI: 2.44% Traditional ROI: 6.41%
810 Katie Ln (Lot 10) New Albany, IN Welcome to The Willows of Autumn Grove! BRAND NEW Section, LUXURY, LOW MAINTENANCE Patio H...	4 beds \| 4 baths \| 3,097 sq.ft.	$544,900	Airbnb cash on cash: 0.03% Traditional cash on cash: 3.36% Airbnb Rental Income: $1685 Traditional Rental Income: $2907 Airbnb ROI: 0.03% Traditional ROI: 3.36%
220 W Eighth Street New Albany, IN As close to new construction as you will find! Everything except for the roof structure wa...	3 beds \| 2 baths \| 1,100 sq.ft.	$199,900	Airbnb cash on cash: 3.22% Traditional cash on cash: 5.68% Airbnb Rental Income: $1335 Traditional Rental Income: $1390 Airbnb ROI: 3.22% Traditional ROI: 5.68%
4105 Stone Place New Albany, IN A Breath of Fresh Air in Sunset Manor! Welcome to 4105 Stone Place â a home thatâs be...	5 beds \| 2 baths \| 1,456 sq.ft.	$299,500	Airbnb cash on cash: 2.88% Traditional cash on cash: 4.6% Airbnb Rental Income: $1785 Traditional Rental Income: $1782 Airbnb ROI: 2.88% Traditional ROI: 4.6%
5456 State Road 111 New Albany, IN Looking for River front property? This is it! 1.52 Acres with small apartment for weekend...	1 beds \| 2 baths \| N/A	$99,900	Airbnb cash on cash: -1% Traditional cash on cash: 9.19% Airbnb Rental Income: $527 Traditional Rental Income: $1240 Airbnb ROI: -1% Traditional ROI: 9.19%
2550 Broadway St New Albany, IN Welcome home to 2550 Broadway Street! This recently renovated 2-bedroom, 1-bath home blend...	2 beds \| 1 baths \| 822 sq.ft.	$150,000	Airbnb cash on cash: 3.85% Traditional cash on cash: 5.25% Airbnb Rental Income: $1319 Traditional Rental Income: $1110 Airbnb ROI: 3.85% Traditional ROI: 5.25%
2548 Broadway St New Albany, IN Welcome home to 2548 Broadway Street! This recently renovated 3-bedroom, 1-bath home blend...	3 beds \| 1 baths \| 782 sq.ft.	$160,000	Airbnb cash on cash: 3.6% Traditional cash on cash: 5.81% Airbnb Rental Income: $1335 Traditional Rental Income: $1261 Airbnb ROI: 3.6% Traditional ROI: 5.81%
2705 Charlestown Road New Albany, IN Only 2 owners. This home has been both residential and commercial rental since 1990's. S...	2 beds \| 1 baths \| 1,319 sq.ft.	$195,000	Airbnb cash on cash: 2.1% Traditional cash on cash: 4.34% Airbnb Rental Income: $1319 Traditional Rental Income: $1326 Airbnb ROI: 2.1% Traditional ROI: 4.34%
2107 E Market Street New Albany, IN WHY RENT WHEN YOU CAN OWN?This BEAUTIFUL NEW Home is waiting for YOU!! Part of the N.A. G....	3 beds \| 2 baths \| 1,125 sq.ft.	$239,900	Airbnb cash on cash: 2.45% Traditional cash on cash: 5.18% Airbnb Rental Income: $1335 Traditional Rental Income: $1543 Airbnb ROI: 2.45% Traditional ROI: 5.18%
4261.4259 Stone Mountain Road New Albany, IN Absolutely Stunning 60.69 Acre Property with Two Homes and Skyline Views! An extraordinary...	4 beds \| 3 baths \| 2,064 sq.ft.	$975,000	Airbnb cash on cash: -0.17% Traditional cash on cash: 0.96% Airbnb Rental Income: $1685 Traditional Rental Income: $2241 Airbnb ROI: -0.17% Traditional ROI: 0.96%

Your search for investment property begins and ends here

Boro Investment Property for Sale in New Albany, IN

1919 Center Street

New Albany, IN

4 beds | 3 baths | 2,323 sq.ft.

$230,000

Airbnb cash on cash: 2.56%

Traditional cash on cash: 9.11%

Airbnb Rental Income: $1685

Traditional Rental Income: $2641

Airbnb ROI: 2.56%

Traditional ROI: 9.11%

1111 Teal Ridge Court

New Albany, IN

3 beds | 2 baths | 2,554 sq.ft.

$444,900

Airbnb cash on cash: 0.42%

Traditional cash on cash: 2.56%

Airbnb Rental Income: $1335

Traditional Rental Income: $1814

Airbnb ROI: 0.42%

Traditional ROI: 2.56%

3828 Payne Koehler Road

New Albany, IN

4 beds | 3 baths | 3,634 sq.ft.

$820,000

Airbnb cash on cash: 0.18%

Traditional cash on cash: 2.03%

Airbnb Rental Income: $1685

Traditional Rental Income: $2627

Airbnb ROI: 0.18%

Traditional ROI: 2.03%

2119 Reno Ave

New Albany, IN

2 beds | 2 baths | 1,248 sq.ft.

$220,000

Airbnb cash on cash: 2.37%

Traditional cash on cash: 5.74%

Airbnb Rental Income: $1319

Traditional Rental Income: $1611

Airbnb ROI: 2.37%

Traditional ROI: 5.74%

2122 WILLARD AVE

New Albany, IN

3 beds | 1 baths | 1,288 sq.ft.

$204,000

Airbnb cash on cash: 3.03%

Traditional cash on cash: 5.44%

Airbnb Rental Income: $1335

Traditional Rental Income: $1391

Airbnb ROI: 3.03%

Traditional ROI: 5.44%

830 Cedar Bough Place

New Albany, IN

4 beds | 2 baths | 2,717 sq.ft.

$399,900

Airbnb cash on cash: 1.46%

Traditional cash on cash: 2.63%

Airbnb Rental Income: $1685

Traditional Rental Income: $1654

Airbnb ROI: 1.46%

Traditional ROI: 2.63%

4834 Ashbury Drive

New Albany, IN

2 beds | 2 baths | 1,645 sq.ft.

$319,999

Airbnb cash on cash: 0.98%

Traditional cash on cash: 3.45%

Airbnb Rental Income: $1319

Traditional Rental Income: $1652

Airbnb ROI: 0.98%

Traditional ROI: 3.45%

604 Navajo Drive

New Albany, IN

3 beds | 2 baths | 1,636 sq.ft.

$249,900

Airbnb cash on cash: 1.88%

Traditional cash on cash: 5.63%

Airbnb Rental Income: $1335

Traditional Rental Income: $1807

Airbnb ROI: 1.88%