2235 Ekin Ave, New Albany, IN 47150
2235 Ekin Ave, New Albany, IN 47150
2235 Ekin Ave, New Albany, IN 47150
28
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$275,000
Est. payment /mo
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3 Beds
4 Baths
1,880 SqFt
New

2235 Ekin Ave New Albany, IN 47150

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,880 sqft

Price per Sqft $146

MLS Listing ID 1732931

Bedrooms 3

HOA Y/N No

Abv Grd Liv Area 1,880

Year Built 1929

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Quadruplex

Source APEX MLS (Greater Louisville Association of REALTORS®)

Land Area 1880

Property Description

Yes, you can still find a rental that beats the 1% rule! Fully leased 4-unit building in Uptown New Albany: $3,140/month in rent, $37,680 a year. All units updated within the last two years: three 1-bedrooms and one studio. Each unit has its own furnace and separate gas and electric meters; tenants pay gas and electric. Unit 2 has a washer and dryer. Off-street parking for 4 cars plus a grassy yard. With a full-price offer, seller will contribute up to $5,000 toward a rate buydown or buyer closing costs, plus a 1-year home warranty and do some repairs. Or you can buy it as-is at a DISCOUNTED PRICE. Floor plan, rent roll, tax record, income/expense summary and 2026 inspection report are available for you. If using this as your primary residence, you may be able to have a 5% down payment.

Location

State IN

County Floyd

Direction Near the intersection of Slate Run Road and Ekin Ave, on the corner of Ekin and McDonald Ave

Interior

Heating Forced Air, Natural Gas

Cooling Wall/Window Unit(s)

Exterior

Exterior Feature None

View Y/N No

Roof Type Shingle

Garage No

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding,Aluminum Siding


Greater Louisville MLS (Metro Search Inc)
Listed by Keller Williams Realty

Nearby Locations

Moya Jackson
Moya Jackson

Principal Broker/Owner License ID: 276120

+1(502) 432-0705 | moya@thecollectiverealtyco.com

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2235 Ekin Ave