1832 Ekin Avenue,New Albany, IN 47150
New Albany, IN 47150
Description
Historic charm meets modern cash flow in the heart of booming Uptown New Albany! This 4-unit property delivers immediate income with three 1BD/1BA units and one efficiency - all within walking distance of the area's best dining, shopping, and entertainment. One unit has already been turned, and the front porch has been freshly refreshed, adding to the property's appeal. Two downstairs units are turnkey furnished and have operated as short-term rentals, making them prime candidates for mid-term rental conversion with strong demand from traveling professionals and relocates. One of the upstairs units is on month-to-month lease while the other is primed and ready for its new tenant offering flexibility to reposition or retain steady income. Over 2,800 sq ft of rentable space, updated mechanicals (furnace 2018, AC 2020), and a location that practically markets itself. Whether you're building a portfolio or stepping into your first investment, this one checks every box. Don't sleep on Uptown New Albany - the momentum is real and this property is ready to perform.
Details
| MLS # | 2026011394 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1929 |
| Days On Site | 30 |
| Listing Provided By | THRIVE Realty | Ben Bass |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,820 |
| Story(s) | 2 |
| Zoning | Residential |
| Acreage | 0.17 |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 3130 |
|---|
Location
| Community Features | Sidewalks |
|---|
Area Information
| State | IN |
|---|---|
| County | Floyd |
| City | New Albany |
| Zip Code | 47150 |
| Listing VS Median (in 47150) | |
Price: $284,000 low | high Med: $247,900 sqft: 2,820 low | high Med: 1,196 $ / sqft: $101 low | high Med: $207 On site: 30 low | high Med: 140 | |
Market Activity 47150
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Learn More About This Property
| State | IN |
|---|---|
| County | Floyd |
| City | New Albany |
| Zip Code | 47150 |
| Listing VS Median (in 47150) | |
Price: $284,000 low | high Med: $247,900 sqft: 2,820 low | high Med: 1,196 $ / sqft: $101 low | high Med: $207 On site: 30 low | high Med: 140 | |