Active Under Contract
$279,000
1901 Edgewood Station Rd, New Albany, IN 47150
New Albany, IN 47150
2 beds · 2 baths · 1,362 sq ft
MLS #1732927
Listed by Lenihan Sotheby's Int'l Realty
$275,000
Active2235 Ekin AveNew Albany, IN 47150
- Beds
- 3
- Baths
- 4
- Sq ft
- 1,880
- Price per sq ft
- $146
Highlights
- Forced air heat
- Natural gas heat
- Wall/window unit(s)
- Public sewer
About this home
Yes, you can still find a rental that beats the 1% rule! Fully leased 4-unit building in Uptown New Albany: $3,140/month in rent, $37,680 a year. All units updated within the last two years: three 1-bedrooms and one studio. Each unit has its own furnace and separate gas and electric meters; tenants pay gas and electric. Unit 2 has a washer and dryer. Off-street parking for 4 cars plus a grassy yard. With a full-price offer, seller will contribute up to $5,000 toward a rate buydown or buyer closing costs, plus a 1-year home warranty and do some repairs. Or you can buy it as-is at a DISCOUNTED PRICE. Floor plan, rent roll, tax record, income/expense summary and 2026 inspection report are available for you. If using this as your primary residence, you may be able to have a 5% down payment.
Home details
- Year built
- 1929
- Lot size
- 0.09 acres
- Heating
- Forced Air, Natural Gas
- Cooling
- Wall/Window Unit(s)
- Roof
- Shingle
- Construction
- Vinyl Siding, Aluminum Siding
- Sewer
- Public Sewer
- Water
- Public
- Property type
- Quadruplex
Location
Price history
- Listed October 26, 2026 — $275,000
Price history is recorded from the MLS and covers changes since this listing first appeared in the feed.
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