New Albany Homes under $300,000

New Albany Homes under $300,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in New Albany and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

Newest New Albany Homes under $300,000

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

1211 E Elm Street, New Albany
$225,000
3 Beds ⋅ 2 Baths ⋅ 2026012477 MLS ⋅ ACTIVE Status
Looking for an investment or the perfect sweat equity project? Loaded with historic character and major high-ticket updates, this downtown New Albany gem - formerly known as the Strobel-Boersig-Swartz house - is ready for your vision. Peace of mind comes built-in with a BRAND-NEW ROOF JUST INSTALLED alongside a newer HVAC system, leaving you free to focus on the fun cosmetic details. Spanning over 2,200 square feet, the interior showcases timeless historic charm with original hardwood floors, custom built ins, and classic original fireplaces featured throughout multiple rooms. The main floor boasts a huge kitchen with included appliances, ample cabinet space, and a unique brick hearth that serves as a standout focal point. Upstairs, you will find three generous bedrooms, a classic clawfoot tub, and a secondary kitchen space offering endless flexibility—ideal for converting into a primary suite, luxury bath, craft room, or flex area. Out back, the property features a fully fenced yard and an oversized one-car garage, providing rare downtown off-street parking and exceptional storage. With solid bones, essential capital improvements already completed, and unmatched character, this home offers incredible potential for a savvy buyer or investor ready to bring their ideas to life. Square footage, taxes, flood zone, and school systems are to be verified by the buyer(s) or Buyer's Agent if critical to the buyer(s).

1211 E Elm Street, New Albany

Start Your Search

How much is your home worth?

Get instant property value now!