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Explore Similar Apartments Within 10 Miles of Albany, IN

  • /8

    $219,900

    • 7 Beds
    • 2 Baths
    • 2,876 Sq Ft

    2112 W Main St, Muncie, IN 47303

    Close to BSU! This duplex could be easily rented to students one day. Currently both units are occupied. Upstairs is a 4 bedroom unit rented for $1,085. Downstairs is a 3 bedroom rented for $875. Both long term tenants. Seller is a licensed agent.

    Agent Photo

    Michael Burke

    Burke Realty

    (765) 632-3374

    2112 W Main St, Muncie, IN 47303
  • /32

    $249,000

    • 4 Beds
    • 0.5 Baths
    • 4,170 Sq Ft

    607 E Charles St, Muncie, IN 47305

    This Historic property in the east central neighborhood of Muncie has been meticulously maintained and updated in recent years with over $200,000 of improvements added in the last few years. Ready to be used again as retail use or converted into multi-family/Air BNB/VRBO or mixed use with residential on second floor and retail. office or studio space on the first floor. This property is currently

    Brian Allardt Coldwell Banker Real Estate Group

    607 E Charles St, Muncie, IN 47305
  • /14

    $159,900

    • 6 Beds
    • 3 Baths
    • 2,625 Sq Ft

    201 N Morrison Rd, Muncie, IN 47304

    This brick triplex features a 2 bedroom / 1 bath in each unit. Spacious rooms, large yard, off street parking. Unit A rents for $545, Unit B rents for $550 and Unit C is vacant. Tenants are on month-to-month leases.

    Jason Gates F.C. Tucker Muncie, REALTORS

    201 N Morrison Rd, Muncie, IN 47304
  • /9

    $149,900

    • 4 Beds
    • 2 Baths
    • 2,240 Sq Ft

    101 N Redwood Ln, Muncie, IN 47304

    This duplex features a 2 bedroom / 1 bath unit on each side. Spacious rooms, large yard, off street parking with detached garage. Unit 101 rents for $550, Unit 103 is vacant.

    Jason Gates F.C. Tucker Muncie, REALTORS

    101 N Redwood Ln, Muncie, IN 47304
  • /11

    $139,900

    • 4 Beds
    • 2 Baths
    • 2,170 Sq Ft

    102 N Birchwood Dr, Muncie, IN 47304

    This duplex features a 2 bedroom / 1 bath unit on each side. Spacious rooms, large yard, off street parking.

    Jason Gates F.C. Tucker Muncie, REALTORS

    102 N Birchwood Dr, Muncie, IN 47304
  • /31

    $145,000

    • 4 Beds
    • 2 Baths

    218 E 8th St, Muncie, IN 47302

    Attention to all who want to live rent-free! This duplex could be what you have been waiting for. SIDE A, offers three bedrooms and one full bath. Side B provides the simple living of a studio. The studio has everything you need while letting Side A pay your rent!

    Gabriela Pitts Highgarden Real Estate

    218 E 8th St, Muncie, IN 47302
  • /16

    $250,000

    • 4 Beds
    • 2 Baths
    • 2,400 Sq Ft

    747 N Mulberry St, Muncie, IN 47305

    GREAT INVESTMENT PACKAGE ! 2 DUPLEX PROPERTIES WITH 4 VACANT LOTS! These properties are located just a block from Central High School and the new YMCA. Lots of development in this neighborhood which is close to Downtown Muncie, Ball State, the Hospital and the Farmers Market. Can be purchased as a package or individually. Sale includes 747-745 N Mulberry 2- 2 bedroom units. One currently

    Joann Davis F.C. Tucker Muncie, REALTORS

    747 N Mulberry St, Muncie, IN 47305
  • /46

    $128,000

    415 W Howard St, Muncie, IN 47305

    With 4830 square feet of living area on a 4800 square foot lot, this quadruplex, built in 1905, offers substantial space. Roof and siding were replaced in 2024, along with plumbing and electrical done in the same year. This could be a cash king when completed.

    Justin Lowe Ellsbury Commerical Group

    415 W Howard St, Muncie, IN 47305
  • /26

    $64,000

    1024 W Powers St, Muncie, IN 47305

    Duplex that presents the opportunity to put your own quality and standards into a blank slate. Property has be striped down on the interior and new electrical has been ran. New Roof and siding were installed in 2024. Resting in a quite neighborhood and on a 4826 sqft lot it provides space to be creative with the space that this provides.

    Justin Lowe Ellsbury Commerical Group

    1024 W Powers St, Muncie, IN 47305
  • /33

    $129,900

    • 7 Beds
    • 2 Baths

    2413 S Gharkey St, Muncie, IN 47302

    Opportunity knocks with this solid, income-producing duplex located in the heart of Muncie, Indiana! These duplex features two separate units, each fully rented with long-term tenants in place-offering immediate cash flow from day one. Each unit is on its own level (not a stacked setup!), with separate entrances for added privacy and convenience. The building spans two stories, but both units

    Jim Gilday eXp Realty, LLC

    2413 S Gharkey St, Muncie, IN 47302
  • /30

    $169,900

    • 3 Beds
    • 3 Baths
    • 2,672 Sq Ft

    1901 W Riggin Rd, Muncie, IN 47304

    Main Unit has been new Vinyl Plank Flooring, New paint, New toilet, sink and tub surround. This also has 2 bedrooms, Large Living Room, Kitchen, Laundry area and walk in pantry. There is an addition room that could be a family room or you could use it as a 3rd bedroom (Closet right outside the door). This unit also has access to the 2 car attached garage and large fenced back yard. Upstairs

    Kathy J Smith NextHome Elite Real Estate

    1901 W Riggin Rd, Muncie, IN 47304
  • /11

    $104,900

    • 3 Beds
    • 1 Bath
    • 1,030 Sq Ft

    1602 W Adams St, Muncie, IN 47303

    3 bedroom investment property located near BSU. Currently rented at $795 month with a long term tenant but this is below market rate. Leased until 6/2026. Instant cash flow! This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave.

    Brad Bowman Home 2 Home Realty Group

    1602 W Adams St, Muncie, IN 47303
  • /14

    $164,900

    • 4 Beds
    • 1.5 Baths
    • 1,440 Sq Ft

    216 S Dill St, Muncie, IN 47303

    This duplex is being offered for $169,900 and already generates **$1,500 per month in rental income with both units leased through **June 2026** and **July 2026**. This turnkey investment offers strong cash flow and long-term security. Recent renovations (within 6 months): -new appliances -updated flooring and carpet -fresh paint and updated bathrooms. This property is part of a potential 5

    Brad Bowman Home 2 Home Realty Group

    216 S Dill St, Muncie, IN 47303
  • /13

    $114,900

    • 3 Beds
    • 1 Bath
    • 1,191 Sq Ft

    512 S Talley Ave, Muncie, IN 47303

    Long term tenant in this investment property. Currently leased for $925 a month on a month to month basis. Property is close to BSU and IU Health. Current rent is below market rate. This property can generate instant cash flow. This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave., 1602 W Adams St.

    Brad Bowman Home 2 Home Realty Group

    512 S Talley Ave, Muncie, IN 47303
  • /14

    $114,900

    • 2 Beds
    • 1 Bath
    • 936 Sq Ft

    1600 W Adams St, Muncie, IN 47303

    Close to BSU and IU. Fully updated with tenant secured through July 2026 at $1,100/month. It offers investors a turnkey, maintenance opportunity with immediate returns and long-term growth potential. Property highlights: new flooring, new light fixtures, fresh paint, new fascia, gutters on west side, new kitchen cabinets, updated electrical, new appliances, and updated bathroom. This property is

    Brad Bowman Home 2 Home Realty Group

    1600 W Adams St, Muncie, IN 47303
  • /5

    $114,900

    • 4 Beds
    • 1 Bath
    • 1,193 Sq Ft

    1623 N Janney Ave, Muncie, IN 47304

    Long term tenant in this investment property. Current lease through January 2026. Great location near BSU and IU Health. Instant income with monthly rent of $927 a month. This property is part of a potential 5 property package with 1600 W Adams St., 216 S Dill St., 1623 N Janney Ave., 512 S Talley Ave., 1602 W Adams St.

    Brad Bowman Home 2 Home Realty Group

    1623 N Janney Ave, Muncie, IN 47304
  • /47

    $199,900

    • 6 Beds
    • 4 Baths

    421 E North St, Hartford City, IN 47348

    This exceptional duplex offers a unique opportunity for investors and owner-occupants! Whether you are looking to grow your rental portfolio or live in one side and lease out the other, the opportunity is there! One side features 1493sqft of living space, including 3 bedrooms, a primary bedroom with walk-in closet, 2 full baths, an eat-in kitchen, and a 2-car attached garage. The other side

    Jennifer Hamilton Keller Williams Indy Metro S

    421 E North St, Hartford City, IN 47348
  • /17

    $115,000

    • 6,142 Sq Ft

    118 S Walnut St, Ridgeville, IN 47380

    Investor’s dream in downtown Ridgeville! This building features two newly renovated 2BR/1BA apartments currently rented for $550 & $600/mo, each with laundry hookups and new electric furnaces (leases available). Main level includes a former retail space with working restroom and a 3BR/1.5BA apartment in need of renovation. Upstairs offers 2,000+ sq ft of storage with great potential. Don’t miss

    Jill Friend Tarter Realty, Auction & Appraisals Co

    118 S Walnut St, Ridgeville, IN 47380
  • /17

    $189,900

    • 4 Beds
    • 2 Baths
    • 696 Sq Ft

    314 S Union St, Selma, IN 47383

    GREAT Investment Package. Cash cow opportunity in Selma. Two dwellings on 1 parcel. One is a 3 bedroom 1/12 story home with Kitchen, dining room, living room, laundry room, family room with wood burning stove, and 10 X 17 porch, that currently is vacant, but, could easily rent for $1,200 / month. The other is a duplex: each is a 2 bedroom 1 bath unit. The 1 current tenant pays $625 / month and

    Jim Mochal Coldwell Banker Real Estate Group

    314 S Union St, Selma, IN 47383
  • /11

    $145,000

    • 4 Beds
    • 3 Baths

    1319 W Kilgore Ave, Muncie, IN 47305

    Seize the chance to own a cash-flowing, 3-unit investment property in the thriving Muncie, Indiana market. This is an ideal addition to any investor's portfolio, offering stable income and long-term appreciation potential in a city with a strong rental demand. With recent renovations to 1 unit and to the exterior of the property. You will not need to invest any additional funds into renovations

    Justin Lowe Ellsbury Commerical Group

    1319 W Kilgore Ave, Muncie, IN 47305
  • /8

    $148,000

    • 6 Beds
    • 2 Baths

    221 E 6th St, Muncie, IN 47302

    This duplex offers a fantastic opportunity for both new and experienced investors to capitalize on Muncie's strong and growing real estate market. With a consistent demand for rental properties fueled by Ball State University, local businesses, and a stable community, this duplex is a smart, strategic investment designed for immediate cash flow and long-term appreciation. Investment

    Justin Lowe Ellsbury Commerical Group

    221 E 6th St, Muncie, IN 47302
  • /5

    $140,000

    • 7 Beds
    • 2 Baths

    1328 E Main St, Muncie, IN 47305

    This is your chance to acquire a meticulously maintained, high-earning duplex in Muncie, Indiana's robust and growing real estate market. Positioned in a desirable neighborhood, this property is more than just a home-it's a proven income-generating asset, perfect for the seasoned investor or a savvy owner-occupant looking to live for free. Investment Highlights: Exceptional Cash Flow: With

    Justin Lowe Ellsbury Commerical Group

    1328 E Main St, Muncie, IN 47305
  • /13

    $190,000

    • 8 Beds
    • 3 Baths

    1320 E Main St, Muncie, IN 47305

    Seize this exceptional opportunity to own a high-earning, turnkey triplex in the heart of Muncie, Indiana. This meticulously maintained property offers a powerful combination of steady cash flow, reduced vacancy risk, and significant long-term appreciation potential. Located in a prime neighborhood, this triplex is a dream for both seasoned investors and first-time buyers looking to "house hack"

    Justin Lowe Ellsbury Commerical Group

    1320 E Main St, Muncie, IN 47305
  • /18

    $69,000

    • 3 Beds
    • 4 Baths
    • 2,468 Sq Ft

    802 1/2 N Mulberry St, Muncie, IN 47305

    GREAT INVESTMENT OPPORTUNITY! This triplex is located in a convenient location, close to the new YMCA, Central High School, Downtown Muncie and the Farmers Market. There are 3-one bedroom units. One unit has been updated and the other 2 need some work.New vinyl siding has been started outside, but needs finished. Corner Lot. This is a great price for 3 units in a neighborhood that has lots of

    Joann Davis F.C. Tucker Muncie, REALTORS

    802 1/2 N Mulberry St, Muncie, IN 47305
  • /4

    $108,900

    • 5 Beds
    • 2 Baths
    • 2,212 Sq Ft

    502 S Mound St, Muncie, IN 47305

    *This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Unit 502 is a section 8 lease. Monthly rent is $700. Unit 502 1/2 monthly rent is $905, $500 deposit. Lease ends 8-30-25. Tenants pay electric. Owner pays WTS.

    Heather Clemmons Starr Real Estate LLC

    502 S Mound St, Muncie, IN 47305
  • /24

    $88,900

    • 2 Beds
    • 2 Baths
    • 1,078 Sq Ft

    202 E Maple St, Muncie, IN 47305

    *This property is part of a potential 22 property package. Please see the attached document for details.* Duplex. Two 1 bedroom units. Side by side. Shared entrance space. Potential for 2 more 1 bedroom units in the full basement. Currently vacant. Needs TLC.

    Heather Clemmons Starr Real Estate LLC

    202 E Maple St, Muncie, IN 47305
  • /12

    $63,000

    • 2 Beds
    • 1 Bath
    • 1,490 Sq Ft

    2806 S Walnut St, Muncie, IN 47302

    Excellent investment opportunity! This spacious 2-bedroom, 1-bath home is currently leased through May 2026, offering immediate rental income. Recently updated interior features enhance the comfort and appeal of the property. A great addition to any investment portfolio! Back on market due to financing at no fault of seller.

    Rahmed Paige F.C. Tucker Muncie, REALTORS

    2806 S Walnut St, Muncie, IN 47302
  • /16

    $119,900

    • 4 Beds
    • 2 Baths
    • 1,968 Sq Ft

    146 W Washington St, Parker City, IN 47368

    There are 3 buildings situated on this property with a total of 4 units. Building #1 is the main dwelling at 244 S Main St and it features 1968 square feet, 4 bedrooms, and 2 bathrooms. Building #2 is a small 2nd dwelling situated on the same parcel that 576 square feet, 1 bedroom, and 1 bath. Building #3 is a duplex with a prior commercial space on the 1st floor with 2338 square feet of

    Andrew Wagner Wagner Auctioneering and Real Estate

    146 W Washington St, Parker City, IN 47368
  • /22

    $86,450

    • 1,839 Sq Ft

    129 E Washington St Unit Dunkirk, Dunkirk, IN 47336

    Discover the exceptional duplex at 129 East Washington Street, Dunkirk, Indiana—an investment opportunity brimming with possibilities. This versatile property is sold as is, making it an ideal opportunity for those looking to customize and add value. One of the highlights of this property is its potential to be converted back into a single-family home, providing a unique chance to create your

    Brian Ingle FC Tucker Richmond

    129 E Washington St Unit Dunkirk, Dunkirk, IN 47336

Why Live in Albany

Albany, Indiana, is a small community known for its laid-back lifestyle and highly regarded schools. Located about 30 minutes from the Ohio border, Albany was once a bustling natural gas boomtown. Today, it offers a quieter pace of life, attracting residents who work out of town but prefer the tranquility of Albany. The Delta Community School Corporation, including Albany Elementary School and the University of Delta High School, is well-regarded, with a strong focus on college preparation. Homes in Albany range from late-19th-century farmhouses to midcentury ranch-style homes and new builds in subdivisions like On The Fairways. The town's downtown area on State Route 28 features about 50 shops and stores, including nostalgic businesses like Dairy Dream and Iceburg Ice Cream. Recent commercial growth includes a new Taco Bell, Casey’s, and Dollar General. Wildcat Park, with its splash pad, pickleball courts, and amphitheater, provides recreational opportunities, while the Albany Golf Club offers an 18-hole public course. Albany is also known for its annual Halloween Parade and the newly introduced Heritage Days event. State Routes 67 and 28 connect Albany to nearby cities and Ohio, with Muncie and Portland just 20 minutes away. The Albany Community Library, run by volunteers, is another vital part of the town.

Home Trends in Albany, IN

Housing Trends

Median Sale Price
$154,900
Median Single Family Sale Price
$120,000
Average Price Per Sq Ft
$93
Number of Homes for Sale
4
Last 12 months Home Sales
27
Months of Supply
1.80
Median List Price
$165,950
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
38%
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