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Shawne Mardis

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

$194,900

Est. payment - /mo

4 Beds

3 Baths

1,910 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,910 sqft

Price per Sqft $102

MLS Listing ID 2026012939

Style Two Story

Bedrooms 4

Full Baths 3

Abv Grd Liv Area 1,910

Year Built 1929

Annual Tax Amount $1,835

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Duplex

Property Description

INVESTMENT OPPORTUNITY IN NEW ALBANY! Discover the potential of this spacious duplex offering two separate living units, making it an excellent addition to an investment portfolio or an opportunity for an owner-occupant looking to generate rental income! The main-level unit features 3 bedrooms, 2 full bathrooms, a comfortable living room, and an eat-in kitchen with generous space for everyday living. Previously updated with flooring, kitchen improvements, and bathroom renovations, this unit also offers convenient washer/dryer hookups and access to additional basement storage.
The upper-level unit features 1 spacious bedroom with natural wood flooring, a living room, full bathroom, and a generously sized kitchen. Washer/dryer hookups and additional storage provide extra convenience. Both units offer functional layouts with spacious rooms and separate living areas. Previous improvements include roof replacement, updated windows, and a concrete walkway. Conveniently situated in New Albany with access to downtown shopping, dining, entertainment, and major roadways connecting to Louisville. Whether you're expanding your rental portfolio or exploring the benefits of multifamily ownership, this property offers flexibility and income-producing potential. Schedule your showing and explore the possibilities!

Location

State IN

County Floyd

Zoning Residential

Direction From downtown New Albany, head east on E Main Street. Turn left onto E 10th Street, then right onto E Oak Street. Continue to 1416 E Oak Street. Property will be on the right.

Rooms

Basement Partial

Interior

Interior Features Ceiling Fan(s), Kitchen Island, Main Level Primary, Second Kitchen, Utility Room

Heating Forced Air

Cooling Central Air

Fireplace No

Appliance Dishwasher, Oven, Range

Laundry Main Level, Laundry Room

Exterior

Exterior Feature Porch

Community Features Sidewalks

Water Access Desc Connected,Public

Roof Type Shingle

Street Surface Paved

Porch Covered, Porch

Building

Lot Description Corner Lot

Dwelling Type Duplex

Entry Level Two

Foundation Block, Brick/ Mortar

Water Connected, Public

Architectural Style Two Story

Level or Stories Two

Additional Building Shed(s)

New Construction No

Others

Tax ID 220502800318000008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by NextHome Wilson Real Estate

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

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1416 E Oak ST New Albany, IN 47150