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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
  • /33

    $199,900

    • 6 Beds
    • 4 Baths
    • 3,143 Sq Ft

    800-802 W North St, Muncie, IN 47303

    800-802 W North Street in Muncie is a prime investment opportunity that generates an impressive total monthly rent of $2,325.00 and just steps from Ball State University. This spacious duplex features two separate 3-bedroom, 2-bath units, each with private entrances, full kitchens with appliances, updated baths, and bright living spaces with original wood trim and large windows. The property has

    James Meredith NextHome Elite Real Estate

    800-802 W North St, Muncie, IN 47303
  • /25

    $269,900

    • 3 Beds
    • 2 Baths
    • 2,025 Sq Ft

    300 E Charter Dr, Muncie, IN 47303

    Welcome to 5K Estates — one of Muncie’s most desirable low-maintenance communities! Modern construction paired with pride of ownership makes this home shine. Offering 3 bedrooms and 2 full baths, this home features an inviting open-concept layout with a spacious living and dining area, a light-filled den that opens to the private patio, and a well-appointed kitchen with breakfast bar seating. The

    Brad Taflinger The Taflinger Real Estate Group

    300 E Charter Dr, Muncie, IN 47303
  • /36

    $159,000

    • 4 Beds
    • 2 Baths
    • 1,434 Sq Ft

    1119 W Bethel Ave, Muncie, IN 47303

    Come and admire this corner lot bungalow style home. This home has been thoughtfully updated while preserving the character of this 1940 home. Inside you will find a nice sized kitchen, large living room with a gas fireplace (never used by these owners), 4 bedrooms, 2 full bathrooms, a laundry room and storage closet. This is the ideal home for a family or for a student rental. Refinished

    Melanie White Berkshire Hathaway Indiana Realty

    1119 W Bethel Ave, Muncie, IN 47303
  • /21

    $149,900

    • 4 Beds
    • 3 Baths
    • 1,786 Sq Ft

    108 N Claypool Rd, Muncie, IN 47303

    Great investment opportunity in Muncie, IN! Fully occupied 3 unit property offering two, 1 bedroom units and one, 2 bedroom unit. Gross monthly rents are $2125

    Ryan Kramer RE/MAX Real Estate Groups

    108 N Claypool Rd, Muncie, IN 47303
  • /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
  • /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.

    Michael Burke Burke Realty

    2112 W Main St, 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
  • /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

    $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
  • /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

    $210,000

    • 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
  • /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
  • /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
$120,000
Median Single Family Sale Price
$150,000
Average Price Per Sq Ft
$93
Number of Homes for Sale
6
Last 12 months Home Sales
29
Months of Supply
2.50
Median List Price
$166,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-4%
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