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.

W Wheatfield Twp Investment Property for Sale in New Albany, IN

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

Showing 109 W Wheatfield Twp 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

W Wheatfield Twp 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%