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2209 2211 E Market ST New Albany, IN 47150
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Key Details
Sold Price $370,000
Property Type Single Family Home
Sub Type Residential
Listing Status Sold
Purchase Type For Sale
Square Footage 4,356 sqft
Price per Sqft $84
MLS Listing ID 202509331
Sold Date 09/12/25
Style Two Story
Bedrooms 8
Full Baths 4
Construction Status Resale
Abv Grd Liv Area 4,356
Year Built 1929
Annual Tax Amount $5,194
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Residential
Property Description
Rare investment opportunity to own a quadplex in New Albany!
Three of the four units are currently leased at $900 per month. That could easily go higher. Live rent free in the 4th unit or lease it out, too.
Each unit has 2 bedrooms, 1 full bathroom, and approximately 1,000 square feet of living space. Each unit has a full kitchen with refrigerator, stove, and dishwasher, and each unit has its own electric and gas meters. Negotiable coin-operated washer and dryer on the main level for use by all 4 units, and extra income for the landlord/owner. There are 2 parking spaces available for each unit, and additional street parking in front.
The building itself is low maintenance with a new roof in 2021, new gutters in 2023, and new windows installed in 2024.
It's a very convenient location for renters, close to downtown New Albany, Clarksville, Jeffersonville, and Louisville.
Location
State IN
County Floyd
Zoning Residential,Multi Family
Direction Vincennes to East Market Street.
Rooms
Basement Unfinished
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Appliance Dishwasher, Oven, Range, Refrigerator
Laundry Main Level, Laundry Room
Exterior
Exterior Feature Fence, Patio
Fence Yard Fenced
Water Access Desc Connected,Public
Street Surface Paved
Porch Patio
Building
Entry Level Two
Foundation Brick/ Mortar
Sewer Public Sewer
Water Connected, Public
Architectural Style Two Story
Level or Stories Two
New Construction No
Construction Status Resale
Others
Tax ID 220502900920000008
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Conventional
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Bought with Josh Gregory Real Estate
