Rare opportunity to purchase a fully leased triplex in the heart of New Albany, Indiana. Located at 1913 Center Street, this three-unit multifamily property offers an excellent opportunity for buyers looking to expand a real estate portfolio or purchase a fully leased rental property.
Built in 1929 and situated on a corner lot, the property offers approximately 1,726 finished square feet and is conveniently located just minutes from Downtown New Albany's restaurants, shops, parks, and entertainment, with quick access to Louisville. All three units are currently leased, providing a buyer with existing tenancy in place at closing.
Whether you're searching for a New Albany triplex, multifamily property, or rental property, this well-located three-unit building offers the opportunity to own an established investment property in one of Southern Indiana's most convenient locations. Sq ft & rm sz approx.
For sale
$229,000
1913 Center Street, New Albany, IN 47150
3beds
1,726sqft
Triplex, Multi Family
Built in 1929
-- sqft lot
$220,400 Zestimate®
$133/sqft
$-- HOA
What's special
Corner lot
- 10 days |
- 454 |
- 33 |
Zillow last checked:
Listing updated:
Listed by:
Benjamin Byrn,
Schuler Bauer Real Estate Services ERA Powered (N
Source: SIRA,MLS#: 202609631
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationLoading...
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Other
- Description: porch,Flooring: Other
- Level: First
- Dimensions: 8 x 16
Other
- Description: porch
- Level: First
- Dimensions: 6 x 21
Heating
- Forced Air
Cooling
- Central Air
Features
- Has basement: Yes
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,726
- Total interior livable area: 1,726 sqft
- Finished area above ground: 1,726
- Finished area below ground: 0
Property
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Porch
- Exterior features: Porch
- Frontage length: 50
Lot
- Size: 6,795 Square Feet
- Dimensions: 50 x 136
Details
- Parcel number: 220502801872000008
- Zoning: Residential,Multi Family
- Zoning description: Residential,Multi Family
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Frame, Vinyl Siding
- Foundation: Cellar
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $133/sqft
- Tax assessed value: $173,800
- Annual tax amount: $4,545
- Date on market: 6/26/2026
- Cumulative days on market: 11 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
$220,400
$209,000 - $231,000
$1,147/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Listed for sale | $229,000$133/sqft |
Source:  SIRA #202609631 Report a problem | ||
| 4/17/2026 | Listing removed | $229,000$133/sqft |
Source: SIRA #2025012153 Report a problem | ||
| 11/10/2025 | Price change | $229,000-2.6%$133/sqft |
Source: SIRA #2025012153 Report a problem | ||
| 10/27/2025 | Listed for sale | $235,000+1029.4%$136/sqft |
Source: SIRA #2025012153 Report a problem | ||
| 9/2/2014 | Sold | $20,807$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,545 +16.9% | $173,800 +5.7% |
| 2024 | $3,890 +13.6% | $164,400 +22.5% |
| 2023 | $3,422 +13.5% | $134,200 +10.9% |
| 2022 | $3,015 +2.5% | $121,000 +16.9% |
| 2021 | $2,942 +3.1% | $103,500 |
| 2020 | $2,855 -33.8% | $103,500 -0.2% |
| 2019 | $4,312 +51.2% | $103,700 +1.2% |
| 2018 | $2,851 | $102,500 +0.3% |
| 2017 | $2,851 +79.6% | $102,200 |
| 2016 | $1,588 | -- |
| 2014 | $1,588 +0.4% | $79,100 +2.9% |
| 2013 | $1,582 +2.3% | $76,900 -0.5% |
| 2012 | $1,546 +2.8% | $77,300 +2.8% |
| 2011 | $1,504 +11.7% | $75,200 +12.2% |
| 2010 | $1,347 +0.1% | $67,000 |
| 2009 | $1,345 -0.1% | $67,000 +8.4% |
| 2007 | $1,346 | $61,800 |
| 2006 | -- | $61,800 +42.1% |
| 2005 | -- | $43,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 47150
Nearby schools
GreatSchools rating
- 4/10Hazelwood Middle SchoolGrades: 5-8Distance: 0.5 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 0.6 mi
- 7/10Slate Run Elementary SchoolGrades: PK-4Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Floyd County
- New Albany
- 47150
- 1913 Center Street
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Nearby neighborhoods
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