617 5th Street New Albany, IN $ 310,000
617 5th Street
$ 310,000
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617 5th Street

New Albany, IN, 47150
$ 310,000
Bedrooms6 Baths2.0 Sq 2,400

Monthly Estimate*

$ 1,857

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Single Family Home for sale in New Albany, IN

for $310,000 with 6 bedrooms and 2 full baths. This 2,400 square foot home was built in 1943 on a lot size of 0.089991.

ATTENTION INVESTORS! This fully renovated 6-bedroom, 2-bathroom duplex offers 2,400 sq. ft. of living space, divided into two 3-bedroom, 1-bathroom units (1,200 sq. ft. each). Every detail has been upgraded, including a NEW roof, gutters, windows, siding, TWO water heaters, TWO HVAC systems, TWO electrical panels, and complete rewiring. Luxury features include tile showers, LVP flooring throughout, granite and quartz countertops, new cabinets, and modern appliances. Both units are leased through August 2025, generating a total monthly rental income of $3,100. With impeccable upgrades, reliable tenants, and fantastic cash flow, this turn-key property is a rare opportunity to effortlessly grow your portfolio and enjoy peace of mind.

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Single Family Pending

Price

$ 310,000

Bedrooms

6

Full Bath

2

Property Type

Single Family

Taxes

$ 1,502

Style

OneStory

Lot Size

0.089991

Year Built

1943

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

2024012616

Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Possession SubjectToTenantRights
Appliances Dishwasher Microwave Oven Range Refrigerator
Zoning Residential
Architectural Style OneStory
Year Built 1943
Stories 1
Township New Albany
Levels One
Property Subtype Duplex
County Floyd
New Construction No
Property Type Residential
HOA No
Garage Y/N No
Total Rooms 0
Full Baths 2
Status Pending
Directions 5th Street between Culbertson ave and E Oak.
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 3920.4
Listing Terms Cash Conventional FHA
Tax Annual Amount 1502.0
Property Condition Resale
Structure Type Duplex
Standard Status Pending
Property Sub Type Additional Residential
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Exterior
Water Source Connected Public
Lot Size Area 0.09
Building Area Total 2400.0
Lot Size Acres 0.09
Lot Size Source Assessor
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Interior
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 2400.0
Half Baths 0
Total Bedrooms 6
Below Grade Finished Area 0.0
Total Baths 2
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Internal Only
Street Number 1 617
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* Excluded Features
List By
Troy Stiller

Listing Agent

Schuler Bauer Real Estate Services Era Powered (N

Broker

troy@thestillergroup.com

Email

Affordability Calculator

$1,982
Per Month
94%
6%
0%
Monthly Principal & Interest
$1,857
Monthly Property Taxes
$125
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1120661 Elementary School
1120959 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/4/2024$310,000 Listed Price

Map


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617 5th Street, New Albany, IN, 47150 is a Single Family Home for sale at $310,000 with 2,400 sqft and a lot size of 0.089991. 617 5th Street has 6 bedrooms, 2.0 baths, and was built in 1943. The property's zip code is 47150 which is in New Albany, IN