REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Shawne Mardis

smardis@movingwithmardis.com +1(502) 649-6720

$210,000

Est. payment - /mo

9,909 Sqft Lot

Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2026010212

Construction Status Resale

Year Built 1950

Annual Tax Amount $3,168

Lot Size 9,909 Sqft

Acres 0.2275

Property Sub-Type Multi Family

Property Description

220 East Market Street, Jeffersonville, IN 47130 sits one block from Big Four Station Park and the pedestrian bridge into Louisville, in the heart of Jeffersonville's historic riverfront corridor. Built in 1990, this two-unit duplex is newer than most of the surrounding 1920s to 1950s multifamily stock and comes 100% occupied at $1,500 per month in combined rent. Unit 2 is leased through July 2027 at $850 per month, the confirmed market rate: the same unit rented in June 2026, five days on market, at full asking rent. Unit 1 sits below market on an at-will lease at $650 per month, leaving roughly $2,400 a year in additional income once that unit turns over. Public water and sewer, central air, and warm-air heat keep operations simple. At $210,000, the property prices at an estimated 4.83% cap rate and an 11.67 gross rent multiplier on current rent, with room to grow. Spring Street, the Saturday farmers market, and the Ohio River Scenic Byway are all a short walk away. Full rent roll and tax detail available on request. There is also additional rental income properties available if interested. Call Listing Agent for more details and to schedule a showing.

Location

State IN

County Clark

Direction I-65 to W Court Ave, Right on Spring St, Left on E Market St, House is on Right 1-1/2 Blocks Down.

Interior

Fireplace No

Exterior

Present Use Multi-Family,Residential,Single Family

Building

Construction Status Resale

Others

Tax ID 19000100060

Read Less Info

Listed by simpler.realestate

Nearby Locations

"I have spent nearly 2 decades becoming an expert in Southern Indiana market trends and influences. Now, I'll put my considerable market background to work for you, helping you to identify the best deals, and price your home accurately to assure a quick sale, while maximizing profit. "

+1(502) 649-6720

smardis@movingwithmardis.com

8610 Chapel Hill Court, Charlestown, Indiana 47130, USA

GET MORE INFORMATION

Name

Email*

Phone*

Message

QUICK SEARCH INDIANA

220 E Market ST Jeffersonville, IN 47130