$400,000
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2209 2211 E Market Street, New Albany, IN 47150

8 Beds
4 Baths
4,356 Sq Ft

Rare investment opportunity to own a quadplex in New Albany!Three of the four units are currently leased at $900 per month. That could easily go higher. Live rent free in the 4th unit or lease it out, too.Each unit has 2 bedrooms, 1 full bathroom, and approximately 1,000 square feet of living space. Each unit has a full kitchen with refrigerator, stove, and dishwasher, and each unit has its own electric and gas meters. Negotiable coin-operated washer and dryer on the main level for use by all 4 units, and extra income for the landlord/owner. There are 2 parking spaces available for each unit, and additional street parking in front.The building itself is low maintenance with a new roof in 2021, new gutters in 2023, and new windows installed in 2024.It's a very convenient location for renters, close to downtown New Albany, Clarksville, Jeffersonville, and Louisville.

  • MLS# 202509331
  • Date Listed07/11/2025
  • Bedrooms 8
  • Bathrooms 4 Full baths
  • Lot Size 0.23 acres (10,019 sq. ft)
  • Sewer Public Sewer
  • Property Type Single Family
  • County Floyd
  • Year Built 1929
  • Water Public
  • Square Feet 4,356 sq. ft
  • Price Per Sq. Ft $91.83

Interior Features

  • Appliances Dishwasher, Oven, Range, Refrigerator
  • Cooling Central Air
  • Heating Forced Air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.23
  • Lot Size SQFT 10,018.80
  • Lot Features -

Financial Considerations

  • Tax Amount $5,194
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in IN / 47150

Source: Walkscore

62/100

Somewhat Walkable

Walk Score ®

47/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 9/100, Bike Score: 39/100.

Property Change History

Price Per Square Foot increased from $61.22 to $91.83

Points of Interest near 2209 2211 E Market Street, New Albany, IN 47150

Frequently Asked Questions for 2209 2211 E Market Street

Source: Realty.com

2209 2211 E Market Street, New Albany, IN 47150 is a Single Family 4,356 sq. ft. home listed for sale. Realty.com has 53 photos available of this 8 bed, 4 bath house, listed at $400,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 53 photos of 2209 2211 E Market Street.

Our records indicate that 2209 2211 E Market Street was built in 1929.

The full address for this home is 2209 2211 E Market Street, New Albany, IN 47150.

2209 2211 E Market Street has been listed on Realty.com since Fri July 11, 2025

Some errands can be accomplished on foot. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 9/100, Bike Score: 39/100.

There are 2 schools assigned to this home. Check out the schools near 2209 2211 E Market Street. New Prairie Middle School (Grades: 6 - 8), New Prairie High School (Grades: 9 - 12)

Listing provided courtesy of: Re/max Ability Plus (tel: 812-945-8000)
Listing agent: Shawn Faye (tel: 502-643-3298) (#S3232)

This content last refreshed on 2025-12-08 11:40:45. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 2209 2211 E Market Street, New Albany, IN 47150 : MLS# 202509331