Talk about owning a piece of New Albany that allows you cash flow. Currently bringing in $1,862 a month with one vacant unit. Talk about the opportunity for value add.
Sold for $200,000 on 06/14/24
$200,000
1516 E Oak Street, New Albany, IN 47150
6beds
2,898sqft
Quadruplex, Multi Family
Built in 1929
-- sqft lot
$320,500 Zestimate®
$69/sqft
$2,047 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 14, 2024 at 11:45am
Listed by:
Luke Castleman,
Berkshire Hathaway HomeServices Parks & Weisberg R
Bought with:
Laine Bowling, RB14050067
eXp Realty, LLC
Source: SIRA,MLS#: 202407394
Originating MLS: Southern Indiana REALTORS Association

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Forced Air
Cooling
- Central Air
Features
- Has basement: Yes
- Has fireplace: No
Interior area
- Total structure area: 2,898
- Total interior livable area: 2,898 sqft
- Finished area above ground: 2,898
- Finished area below ground: 0
Property
Parking
- Parking features: No Garage
- Details: On Street
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Porch
Lot
- Size: 7,971 sqft
Details
- Additional parcels included: 0086840181
- Parcel number: 220502800471000008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Quadruplex, Multi Family
Materials
- Vinyl Siding, Frame
- Foundation: Poured, Cellar
Condition
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & neighborhood
Location
- Region: New Albany
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Paved
Services availability

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$320,500
2% more+ $6,410
With Zillow Showcase(estimated)
$326,910