Downtown Triplex
916 E Market Street New Albany, IN 47150
For Sale
$179,900
Triplex with three rental units, including capital updates such as a 2021 roof and 2021 exterior paint.
Property Size2,418 SF
Price / SF$74.40
Days on Market307
Property Features for 916 E Market Street
General Information
- Standard status
- Active
- Size
- 2,418 SF
- Property subtype
- Triplex
Building Details
- Year Built
- 1929
Listing Agency:
(502) 298-1029
Listed By:
Diamond Key Realtors
(502) 298-1029
Source:
Xome
Added: Sep 21, 2025
Changed: Jul 23
Last Checked: Jul 24 at 4:58AM
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 Diamond Key Realtors
Investment Insights
Based on property information with market context.
This for-sale triplex offers three income-producing units within a single property. Reported major improvements include a new roof in 2021 and fresh exterior paint completed in 2021. Unit 1 underwent a complete renovation in 2021, and Units 2 and 3 are described as stable, long-term tenancies. The property is offered as-is, and tenant rights apply.
The building is located on E Market Street in New Albany, IN, and is described as being steps from downtown New Albany’s restaurants and boutiques.
Per the provided information, each unit pays its own utilities. Rent is stated as $600 for Unit 2 and $620 for Unit 3. Unit 1 is expected to vacate at closing because it is a family member.
The building is located on E Market Street in New Albany, IN, and is described as being steps from downtown New Albany’s restaurants and boutiques.
Per the provided information, each unit pays its own utilities. Rent is stated as $600 for Unit 2 and $620 for Unit 3. Unit 1 is expected to vacate at closing because it is a family member.
Key Highlights
- Three‑unit triplex built in 1929 with central air and heating listed as “3”
- Capital improvements include a new roof in 2021 and fresh exterior paint in 2021
- Unit 1 was fully renovated in 2021; Unit 1 will vacate at closing (family member)
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Triplex with three rental units, including capital updates such as a 2021 roof and 2021 exterior paint.
Where is this triplex located?
The property is located at 916 E Market Street New Albany, IN.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Three‑unit triplex built in 1929 with central air and heating listed as “3”; Capital improvements include a new roof in 2021 and fresh exterior paint in 2021; Unit 1 was fully renovated in 2021; Unit 1 will vacate at closing (family member)