Completely renovated home, currently functioning as a multi-unit/duplex income generating property. Situated in the heart of downtown New Albany, enjoy trendy dining, shopping, and entertainment within just a short walk. Although both units are completely updated for maximum rental income and ready for new tenants, this home could easily be converted back to a single family residence. Single family home buyer's make sure to check this one at as well! 1st level features gorgeous custom triple window in living room, two bedrooms, completely renovated kitchen, and full bathroom boasting large walk-in tiled shower. 2nd level provides three bedrooms, full bathroom, eat-in kitchen/open living room concept. Both kitchens offer stainless appliances. Oversized laundry room is located in first level common area for multi-unit utilization. Raised ceilings, oversized replacement windows, solid surface flooring, fresh paint, upgraded lighting, and new kitchen cabinets boasting quartz countertops just scratch the surface. Plumbing and electrical have been completely updated throughout home, and unfinished basement has been fully waterproofed. Basement provides perfect area for tenants extra storage. Detached, rear-entry garage gives 14ft of clearance for vehicle storage, or could become a third income generator to rent separately. Wonderful opportunity for investment in high growth area seeing exponential value increase! Call for unique financing options perfect for this property.
Sold for $330,000 on 07/19/24
$330,000
1207 E Spring Street, New Albany, IN 47150
5beds
2,894sqft
Duplex, Multi Family
Built in 1874
-- sqft lot
$348,600 Zestimate®
$114/sqft
$1,455 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 22, 2024 at 10:55am
Listed by:
Heather Robinson,
Green Tree Real Estate Services
Bought with:
Alison Koopman, RB15000649
Lopp Real Estate Brokers
Source: SIRA,MLS#: 202408873
Originating MLS: Southern Indiana REALTORS Association

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, Range, Refrigerator
- Laundry: Main Level, Laundry Room
Features
- Ceramic Bath, Ceiling Fan(s), Eat-in Kitchen, Mud Room, Second Kitchen, Utility Room
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,894
- Total interior livable area: 2,894 sqft
- Finished area above ground: 2,894
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, Garage Faces Rear
- Garage spaces: 1
- Details: Off Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Landscaping, Porch
Lot
- Size: 8,494 sqft
Details
- Additional structures: Garage(s)
- Parcel number: 220502800538000008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Duplex, Multi Family
Materials
- Foundation: Block
Condition
- Resale
- New construction: No
- Year built: 1874
Utilities & green energy
- Sewer: Septic Tank
- Water: Connected, Public
Community & neighborhood
Location
- Region: New Albany
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Services availability

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$348,600
2% more+ $6,972
With Zillow Showcase(estimated)
$355,572