Turnkey Fourplex - Fully Occupied in New Albany! HISTORIC DISTRICT
Investors - this is the one you've been waiting for! Four 1-BR, 1-BA units, all with long-term tenants and zero vacancies for years. Located in a sought-after New Albany area, this property is primed for steady income from day one.
✨ Brand new roofs on every structure
✨ All furnaces & water heaters replaced
✨ Lower units recently renovated
✨ Central air in top units, efficient window units below
✨ One unit with washer/dryer hookups
The seller is ready to sell this investment and properties this solid don't last. Step into immediate, worry-free cash flow - keep the tenants, keep the income, and watch your portfolio grow.
📞 Act now before another investor grabs it!
For sale
$340,000
1010 E Spring St, New Albany, IN 47150
4beds
4baths
4,370sqft
Est.:
Quadruplex
Built in 1850
-- sqft lot
$330,500 Zestimate®
$78/sqft
$-- HOA
What's special
- 3 days
- on Zillow |
- 391 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: August 14, 2025 at 08:41am
Listed by:
Darlene K Hirth 502-817-5361,
Exit Realty Crutcher
Source: GLARMLS,MLS#: 1695068

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Electric
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 4,370
- Total interior livable area: 4,370 sqft
- Finished area above ground: 4,370
- Finished area below ground: 0
Property
Features
- Exterior features: None
Lot
- Size: 6,098.4 Square Feet
- Dimensions: .14 acre
- Features: Sidewalk
Details
- Parcel number: 220502800530.000008
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
- Attached to another structure: Yes
Materials
- Vinyl Siding, Wood Frame
- Roof: Pitched,Shingle
Condition
- Year built: 1850
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $78/sqft
- Tax assessed value: $248,000
- Annual tax amount: $2,168
- Date on market: 8/11/2025
- Tenant pays: Cable TV, Electricity, Gas, Sewer, Water
- Electric utility on property: Yes
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