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Kentuckiana Life & Homes
1928 E Spring Street, New Albany, IN 47150
- $293,500
- 5
- BD
- 2
- BA
- 3,209
- SqFt
- Sold Price
- $293,500
- List Price
- $319,000
- Status
- CLOSED
- Days on Market
- 36
- Closing Date
- Jul 02, 2026
- MLS#
- 202607915
- Subtype
- Residential
- Style
- Two Story
- Architectural Style
- Two Story
- Year Built
- 1929
- Bedrooms
- 5
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 3,209
- Lot Size
- 41,817
- Acres
- 0.96
Property Description
"Historic 1929 beauty meets modern, turnkey luxury!" Rare Turnkey Multi-Family Opportunity Steps from Downtown New Albany! This is the versatile investment property you've been waiting for! Extensively renovated with high-quality updates, this 1929 two-family home features two massive, renovated 1,600 sq ft units (unit #1 2/bed, unit #2 3/bed) and charming historic touches. The property offers incredible flexibility - ideal for short-term rental, long-term leasing, or as a high-end owner-occupied residence. Situated in a premier location, your tenants will be steps from the best restaurants, shops, and farmers market in downtown New Albany. Enjoy strong income potential from day one with refinished original wood floors, double pane windows, tall ceilings, and modern systems throughout. UNIT #2 SOLD FULLY FINISHED! One seller is a licensed realtor in Indiana. Appliances remaining: Unit #1- refrigerator, microwave, dishwasher, range/oven, washer and dryer. Unit #2-refrigerator, microwave, dishwasher, range/oven, washer and dryer. This duplex is occupied with a 24 month renter (lease ending 2/28/2027) in Unit #1 (unfurnished), and a mid-term renter (ending 8/9/2026) in Unit #2 (furnished). All showings will need to give 24 hour notice.
Additional Information
- Interior Features
- Bookcases, Cedar Closet(s), Ceiling Fan(s), Entrance Foyer, Home Office, Main Level Primary, Open Floorplan, Storage, Natural Woodwork, Walk-In Closet(s), Window Treatments
- Exterior Features
- Porch, Patio
- Taxes
- $2,408
- Property Description
- Two Story
- Zoning
- Residential
- Appliances
- Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
- Heating
- Forced Air, Heat Pump
- Air Conditioning
- Central Air
- Stories
- 2
- Levels
- Two
- Roof
- Shingle
- Foundation
- Brick/Mortar
- Parking Features
- Carport
- Garage Spaces
- 2
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Listing courtesy of Semonin REALTORS. Selling Office: Semonin REALTORS.