1832 Ekin Avenue, New Albany, IN 47150

$284,000
4
BD
4
BA
2,820
SqFt

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List Price
$284,000
Status
ACTIVE
Days on Market
31
MLS#
2026011394
Subtype
Residential
Style
Two Story
Architectural Style
Two Story
Year Built
1929
Bedrooms
4
Bathrooms
4
Full Baths
4
Living Area
2,820
Lot Size
7,187
Acres
0.17

Property 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.

Additional Information

Interior Features
Main Level Primary
Exterior Features
Porch
Taxes
$3,130
Property Description
Two Story
Zoning
Residential
Appliances
Dishwasher
Heating
Forced Air
Air Conditioning
Central Air
Stories
2
Levels
Two
Foundation
Cellar

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Calculator source: Real Geeks

Listing courtesy of THRIVE Realty.