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318-322 W Market Street

New Albany, IN 47150
  • $569,000
  • STATUS: Active
  • ON SITE: 10 Days
  • ID#: 202609855
UPDATED: 50 min ago
$569,000
  • 6
    BEDS
  • 0.09
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 4,614
    SQFT
  • $123
    $/SQFT
Type:
Single-Family Home
Built:
1929
County:
Area:

School Ratings & Info

Description

This listing features two income-producing properties in downtown New Albany - 318 W Market, a quadplex, and 322 W Market, a duplex with a parking lot for off street parking. Five of the six units are currently leased, bringing in $4,420 per month combined. Tenants are responsible for their own gas and electric, while the owner covers water, sewer, and trash. A solid opportunity for investors looking to add a turnkey, income-producing property to their portfolio. Square footage, taxes, flood zone, and school systems are to be verified by the buyer(s) or Buyer's Agent if critical to the buyer(s).

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© 2026 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Real Broker LLC. Data last updated: 2026-07-18T17:04:33.557.
www.wsghomesandproperties.com/homes/178542985
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318-322 W Market Street New Albany, IN 47150

  • Price: $569,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 50 min ago
  • ID#: 202609855
6
Beds
6
Baths
0
½ Baths
0.09
Acres
4,614
SQFT
$123
$/SQFT
1929
Built
County:
Floyd
Area:
New Albany
Property Description
This listing features two income-producing properties in downtown New Albany - 318 W Market, a quadplex, and 322 W Market, a duplex with a parking lot for off street parking. Five of the six units are currently leased, bringing in $4,420 per month combined. Tenants are responsible for their own gas and electric, while the owner covers water, sewer, and trash. A solid opportunity for investors looking to add a turnkey, income-producing property to their portfolio. Square footage, taxes, flood zone, and school systems are to be verified by the buyer(s) or Buyer's Agent if critical to the buyer(s).
Exterior Features

Architectural Style Two Story Construction Materials Frame Foundation Details Cellar Garage YN No

Interior Features

Above Grade Finished Area 4614 Basement YN Yes Below Grade Finished Area 0 Building Area Total 4614 Cooling Window Unit(s) Wall Window Unit(s) Cooling YN Yes Fireplace YN No Heating Forced Air Heating YN Yes Levels Two Rooms Total 0

Property Features

Additional Parcels Description 22-05-00-300-359.000-008 Listing Terms Cash Conventional New Construction YN No Possession Negotiable Property Sub Type Duplex Property Sub Type Additional Residential Sewer Public Sewer Structure Type Duplex Quadruplex Tax Annual Amount 5762 Township New Albany Water Source Connected Public Zoning Residential Zoning Description Residential

Listing courtesy of Staci Flispart at Lopp Real Estate Brokers: 812-728-8181.


© 2026 Southern Indiana Realtors Association. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or WSG Homes and Properties | Real Broker LLC. Data last updated: 2026-07-18T17:04:33.557.
 
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