New Albany, IN Quadplexes for sale

Updated: Sep 26, 2024

Renovated Fourplex with Full Occupancy

1010 E Spring Street, New Albany, IN 47150

$340,000

4,370 sqft

Four 1‑BR, 1‑BA units with long‑term tenants and zero vacancies for years
Brand new roofs installed on every structure
All furnaces and water heaters replaced
Lower units recently renovated
Central air in top units; efficient window units below

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This listing looks promising.

Here's a quick look at some key insights for

1010 E Spring Street, New Albany, IN 47150

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$31K
Annual
Price @ 7% Cap

$442K
Above asking
Property Type

Triplex
Built 1850

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in New Albany, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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Renovated Four-Unit Investment Opportunity

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Fully Leased 4-Plex Investment