New Albany Real Estate

New Albany Real Estate

Welcome to New Albany, Indiana – a vibrant city that beautifully blends rich history with modern living. Nestled along the banks of the Ohio River in Floyd County, New Albany is just a stone's throw away from the bustling metropolis of Louisville, Kentucky, making it an ideal location for those seeking a suburban lifestyle with easy access to urban amenities.

Founded in 1813, New Albany boasts a charming downtown area filled with stunning historic architecture, quaint boutiques, and delightful eateries that cater to every palate. Stroll along the picturesque streets and immerse yourself in the city’s cultural heritage, highlighted by landmarks such as the iconic New Albany Riverfront Amphitheater and the beautifully restored Culbertson Mansion.

For families, New Albany offers an array of parks and recreational facilities, including the popular Silver Street Park, where residents can enjoy picnics, sports, and outdoor activities. The city is also home to top-rated schools and a strong sense of community, making it a welcoming place for families to grow and thrive.

With a robust real estate market, New Albany provides diverse housing options, from charming historic homes to modern new builds, catering to various lifestyles and budgets. Whether you’re a first-time homebuyer or looking to invest, New Albany offers a unique blend of affordability and quality living.

Experience the warmth and charm of New Albany, where history meets modern convenience, and discover why so many are proud to call this city home. Come join our thriving community and start your next chapter in this delightful Indiana gem!

Newest Listings in New Albany

2235 Ekin Avenue, New Albany
$275,000
4 Beds ⋅ 4 Baths ⋅ 2026012589 MLS ⋅ ACTIVE Status
Yes, you can still find a rental property that beats the 1% rule! Fully leased, 4-unit apartment building in Uptown New Albany with numbers that work: $3140 per month in rent income, which is $37,680 a year. A cash-on-cash return like this is hard to find right now. All four units have been updated in some way within the last two years. A floorplan is provided showing the three 1-bedroom units and one studio (combined bedroom and living room). Each unit has its own furnace and separate gas and electric meters. Tenants pay gas and electric. Unit 2 has a washer and dryer. There is off-street parking for 4 cars (rare for an uptown 4-plex), plus a grassy yard for playing and dog walking. With a full-price offer, seller will contribute up to $5,000 towards an interest rate buydown or other buyer closing costs that the lender allows, plus a 1-year home warranty for peace of mind, and will do some repairs that the home inspector noted. Or you can get a discounted price by buying it as-is. A building floor plan, rent roll, tax record, income and expense summary, and a 2026 Certainty Home Inspection report are available, so you can be sure that viewing it in person would be a good use of time. Run the numbers on this one using your favorite investment calculator app - you’ll be glad you did. Ask your tax advisor how buying this before the end of the year can potentially save money on taxes. Or, you may be able to buy this with a 5% down payment if you use it as your primary residence.

2235 Ekin Avenue, New Albany

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