Restored 6-Unit Apartment
For Sale
Contact for pricing
207 Bank St, New Albany, IN 47150
Furnished residence with established short- and long-term accommodation use.
Property SizeContact for details
Days on Market132
Property Features for 207 Bank St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Furnished
Yes
Multifamily Units
6
Building Details
Year Built
1870
Listing Agency:
RE/MAX Advantage
Listed By:
Paul Kiger · License #IN RB14035922
(812) 923-7050
Source:
Crexi
Added: Apr 24
Changed: Aug 31
Last Checked: Aug 30 at 8:58AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Advantage
Investment Insights
Based on property information with market context.
The Scherer/Weigleb House is a restored six-unit apartment property dating to circa 1870. The building combines historic character with modern convenience and is offered fully furnished. Its operating history includes both short-term rental use and longer-term accommodations.
Located at 207 Bank St in downtown New Albany, the property features city skyline and river views. The setting is near dining, shopping, and cultural attractions, with Louisville, Kentucky, only minutes away. The six-unit configuration supports flexible residential income use within a distinctive historic residence.
Located at 207 Bank St in downtown New Albany, the property features city skyline and river views. The setting is near dining, shopping, and cultural attractions, with Louisville, Kentucky, only minutes away. The six-unit configuration supports flexible residential income use within a distinctive historic residence.
Key Highlights
- Six‑unit apartment property built circa 1870
- Restored historic residence with modern convenience
- Offered fully furnished
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,093
Businesses Nearby
Explore this area
Business Placement
Demographics for 47150, IN
49,395
Population
22,834
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
91%
High-School Grad
45.0 sq mi
ZIP Area
1,098
Density / Sq Mi
$62,212
Median Household Income
$40,837
Median Earnings
$984
Median Rent
$191,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Furnished residence with established short- and long-term accommodation use.
Where is this apartment building located?
The property is located at 207 Bank St New Albany, IN.
What are key features of this property?
This property features: Six‑unit apartment property built circa 1870; Restored historic residence with modern convenience; Offered fully furnished
