Four-Unit Apartment
For Sale
Contact for pricing
912 E Spring St, New Albany, IN 47150
Apartment property with a mix of one-bedroom and three-bedroom units near downtown New Albany.
Property SizeContact for details
Days on Market144
Property Features for 912 E Spring St
General Information
Standard status
Active
Property subtype
Multifamily
Property Condition
Severity
Repairs Needed
Evidence
updating units
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
3 x 1BR/1BA, 1 x 3BR/1BA
Multifamily Units
4
Building Details
Buildings
1
Listing Agency:
Colliers
(502) 802-3516
Listed By:
Reed Weinberg · License #KY 60187
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 11:27PM
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 Colliers
Investment Insights
Based on property information with market context.
Located at 912 E Spring St in New Albany, Indiana, this four-unit apartment property includes three 1 bed/1 bath units and one 3 bed/1 bath unit. The configuration provides a combination of smaller and larger apartments within one residential income property.
Tenants pay their own gas and electric expenses. The property is situated a short distance from downtown New Albany and near surrounding commercial and retail businesses. It may be purchased separately or included in a portfolio of 6 properties totaling 16 units across Central Louisville and Southern Indiana.
Tenants pay their own gas and electric expenses. The property is situated a short distance from downtown New Albany and near surrounding commercial and retail businesses. It may be purchased separately or included in a portfolio of 6 properties totaling 16 units across Central Louisville and Southern Indiana.
Key Highlights
- Four‑unit apartment property at 912 E Spring St, New Albany, IN 47150
- Unit mix includes 3 units with 1 bed/1 bath and 1 unit with 3 bed/1 bath
- Tenants pay their own gas and electric
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,053
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?
Quadplex - Apartment property with a mix of one-bedroom and three-bedroom units near downtown New Albany.
Where is this quadplex located?
The property is located at 912 E Spring St New Albany, IN.
What are key features of this property?
This property features: Four‑unit apartment property at 912 E Spring St, New Albany, IN 47150; Unit mix includes 3 units with 1 bed/1 bath and 1 unit with 3 bed/1 bath; Tenants pay their own gas and electric
