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Explore Similar Apartments Within 10 Miles of Albany, IN

  • /19

    $139,900

    • 4 Beds
    • 2 Baths
    • 1,853 Sq Ft

    520 N Alameda Dr, Muncie, IN 47303

    Don't miss this opportunity to add to your investment portfolio!! Check out this affordable duplex near BSU campus. If you've been looking for another rental, don't pass this one up! Brand-new HVAC system installed August 2024!

    Agent Photo

    Lisa Buckner

    RE/MAX Real Estate Groups

    (765) 723-6881

    520 N Alameda Dr, Muncie, IN 47303
  • /22

    $159,000

    • 3 Beds
    • 1 Bath
    • 1,242 Sq Ft

    921 W Carson St, Muncie, IN 47303

    NOTE: A NEW ROOF IS NOW INSTALLED! Excellent home or investment property near the Ball State Campus! This is 1,242 SF of living space, 3 bedrooms (one on the main floor), 1 bath, with ample surface parking in the rear. This is currently leased for $900/mo to July 21, 2025. The tenant pays all utilities. Washer/Dryer is in the basement. Hot water heater is only 1 year old. The furance/AC

    Agent Photo

    Steve Slavin

    Coldwell Banker Real Estate Group

    (765) 523-8378

    921 W Carson St, Muncie, IN 47303
  • /8

    $99,500

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft

    803 S Pershing Dr, Muncie, IN 47302

    ALL REMODELED ! This nice 3 BR home was all updated last year with new flooring, paint, kitchen, windows, doors and lighting. The electrical and plumbing are all updated. Nice front deck. Currently used as an investment property. Rent is $1150 monthly. Tenants pay all utilities. Lease expires 9/30/25

    Joann Davis F.C. Tucker Muncie, REALTORS

    803 S Pershing Dr, Muncie, IN 47302
  • /6

    $45,000

    • 4 Beds
    • 2 Baths
    • 1,880 Sq Ft

    500 S Proud St, Muncie, IN 47305

    This duplex features two spacious units—one currently occupied, providing immediate rental income, and one vacant, ready for a new tenant. Each unit offers a functional layout with separate entrances.

    Katie Franklin CRM Properties, Inc

    500 S Proud St, Muncie, IN 47305
  • /23

    $129,900

    • 4 Beds
    • 2 Baths
    • 1,630 Sq Ft

    1421 S Perkins Ave, Muncie, IN 47302

    Good rental income! Each unit is rented for $850.00 per month. This duplex has 2 units with each unit having 2 bedrooms, 1 bath. One unit could be a 3 bedroom by just adding a door to a bonus room. Freshly painted interiors with newer flooring. 4 off street parking spots and 2 street parking spots. New roof in 2023 and newer gutters. stays consistently rented. Nice corner lot.

    Michael Lambert Leading Home Realty

    1421 S Perkins Ave, Muncie, IN 47302
  • /73

    $139,000

    • 5 Beds
    • 4 Baths

    315 N High St, Hartford City, IN 47348

    Here's your chance to own a fully occupied 4-unit multifamily property with strong rental demand and upside potential. Each unit is currently rented, providing immediate cash flow, and there's already a waitlist-testament to the property's excellent location and rental appeal. The building features solid construction, spacious layouts, and the kind of vintage charm that's hard to find today.

    Cristalys DeJesus Totalis Real Estate Solutions

    315 N High St, Hartford City, IN 47348
  • /12

    $66,900

    • 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!

    Rahmed Paige F.C. Tucker Muncie, REALTORS

    2806 S Walnut St, Muncie, IN 47302
  • /17

    $239,900

    • 4 Beds
    • 4 Baths
    • 2,928 Sq Ft

    211 S Liberty St, Muncie, IN 47305

    Renovated 4-unit apartment building features all 1 bed, 1 bath units and is ideally located just blocks from downtown. Major updates include a brand new HVAC system installed in 2024 and a new roof completed in Fall 2023. The property is fully rented, generating $2,700/month in gross rental income. Tenants enjoy off-street parking with a paved lot in the rear.

    James Meredith NextHome Elite Real Estate

    211 S Liberty St, Muncie, IN 47305
  • /15

    $110,000

    • 2 Beds
    • 2 Baths

    621 E Main St, Muncie, IN 47305

    2 SEPARATE INVESTMENT PROPERTIES ON 1 PARCEL. 6 RENTAL UNITS TOTAL. 621 E. MAIN and 111 S VINE. One unit is almost completely renovated with a new bathroom, kitchen and vinyl plank flooring. The remaining 5 units will need finished. Located on a nice corner lot, near downtown Muncie and the Historic District, this property is also zoned commercial and mixed use, so there are lots of

    Joann Davis F.C.Tucker Muncie, REALTORS®

    621 E Main St, Muncie, IN 47305
  • /7

    $69,400

    • 2,292 Sq Ft

    1024 W Powers St, Muncie, IN 47305

    At 1024 W Powers ST, MUNCIE, IN, this duplex presents an exciting opportunity to own a property with a blank slate. Property is down to studs with new wiring ran. New roof and siding 2024. Built in 1890, this two-and-a-half story home rests on a 4826 square feet lot area, providing ample space for comfortable living. This duplex offers a unique opportunity to own a piece of Muncie's history.

    Dawn Cravens The Taflinger Real Estate Group

    1024 W Powers St, Muncie, IN 47305
  • /13

    $180,000

    • 4 Beds
    • 4 Baths
    • 2,050 Sq Ft

    2209 E 9th St, Muncie, IN 47302

    Multi-unit investment opportunity featuring a duplex and two single-family homes on one parcel. All four 1 bed, 1 bath units have been updated in the last couple of years. Two units are currently rented, offering immediate income potential. Each unit has a private entrance, off-street parking, and low-maintenance exterior. Great addition to any rental portfolio.

    Katie Franklin CRM Properties, Inc

    2209 E 9th 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
  • /9

    $849,900

    • 16 Beds
    • 12 Baths
    • 6,688 Sq Ft

    2225 S Hoyt Ave, Muncie, IN 47302

    12 unit apartment building offering 8 one bedroom apartments all on ground floor and 4 two bedroom apartments upstairs with balcony's. All units are currently rented. Large parking lot behind the building with an additional lot for more parking. Tenants pay utilities.

    Michael Lambert Leading Home Realty

    2225 S Hoyt Ave, Muncie, IN 47302
  • /3

    $140,000

    • 3 Beds
    • 2 Baths

    800 W Lindweth Place, Muncie, IN 47303

    Cash flowing duplex, Unit 1 is 2 bed 1 bath and unit 2 is 1 bed 1 bath. Update completed in 2022, newer appliances, fresh interior paint. Water Heater less than 3 years old. Unit 1 rent is $800 a month and Unit 2 rent is $675 a month with 20% down return is 9% annualized. $100 rent increase makes that return 14%. Proforma snapshot included in documents. Owner pays w/s/t. Economic growth remains

    Richard Graham JMG Indiana

    800 W Lindweth Place, Muncie, IN 47303
  • /11

    $155,000

    • 2 Beds
    • 1 Bath

    1709 S Elm St, Muncie, IN 47302

    Turnkey Duplex Investment Opportunity! Attention investors! This fully remodeled duplex offers an excellent opportunity for immediate cash flow. Renovated in early 2024, this property is professionally managed by Morgan Properties and features two updated units with fully split utilities, allowing the burden of those costs to fall directly on to your tenants. GROSS INCOME: $1,649.00/MONTH

    Ryan Boots Boots Realty, LLC

    1709 S Elm St, Muncie, IN 47302

Why Live in Albany

Albany is a small-town bedroom community known for its laid-back lifestyle and highly rated schools. Located about 30 minutes from the Ohio border, Albany features nostalgic local businesses like Dairy Dream and Iceburg Ice Cream, along with new commercial growth including Taco Bell and Dollar General. The downtown area on State Route 28 boasts around 50 shops, including an old-time hardware store. Albany Elementary School, Delta Middle School, and Delta High School are part of the well-regarded Delta Community School Corporation, which emphasizes college prep through the University of Delta High School. Housing options range from late-19th-century farmhouses to midcentury ranch-style homes and new builds in subdivisions like On The Fairways. Wildcat Park offers a splash pad, pickleball courts, and an amphitheater, while Albany Golf Club provides an 18-hole public course. Residents enjoy low crime risk areas compared to the national average. State Routes 67 and 28 facilitate travel to Ohio, with Muncie and Portland about 20 minutes away for additional amenities. Albany hosts an 80-year-old Halloween Parade and Heritage Days, celebrating the town's history with bands, car shows, and vendors.

Home Trends in Albany, IN

Housing Trends

Median Sale Price
$162,000
Median Single Family Sale Price
$167,500
Average Price Per Sq Ft
$104
Number of Homes for Sale
5
Last 12 months Home Sales
70
Months of Supply
0.90
Median List Price
$172,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
9%
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