Attention Investors!!! Where can you buy a tri-plex for this price?! This tri-plex needs a complete rehab but even with the repair cost, you'll still have equity in the end! The previous owner was renting these apartments out for $850 per month & they were in really poor condition. With the location & renovations, you'll be able to raise the rents even more. There is two 2 bedroom units on the main floor & one 1 bedroom unit upstairs. All units have access from the front & rear. Per previous owner, the roof is approximately 10 years old. There is a basement to access some mechanicals. Each unit has a separate gas meter, electric meter, & HVAC system. There is a parking lot in the rear of the building. There is one tenant left in the upstairs unit that is not to be disturbed during showings. They will be moving out on October 13th. Call for your showing today before it's gone! Seller is licensed realtor.
Sold for $120,000
$120,000
2036 E Market Street, New Albany, IN 47150
5beds
2,283sqft
Triplex, Multi Family
Built in 1930
-- sqft lot
$202,400 Zestimate®
$53/sqft
$1,308 Estimated rent
Home value
$202,400
$154,000 - $253,000
$1,308/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Jamie Reading,
RE/MAX Advantage
Bought with:
Hannah Paul, RB19001821
RE/MAX FIRST
Source: SIRA,MLS#: 2025011537
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Level: First
Primary bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: First
Bedroom
- Level: Second
Family room
- Level: First
Family room
- Level: First
Family room
- Level: Second
Other
- Level: First
Other
- Level: First
Other
- Level: Second
Kitchen
- Level: First
Kitchen
- Level: First
Kitchen
- Level: Second
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Laundry Closet, Main Level
Features
- Basement: Crawl Space,Partial
- Has fireplace: No
Interior area
- Total structure area: 2,283
- Total interior livable area: 2,283 sqft
- Finished area above ground: 2,283
- Finished area below ground: 0
Property
Parking
- Details: Off Street
Features
- Levels: One and One Half
- Stories: 1.5
Lot
- Size: 3,920 Square Feet
Details
- Parcel number: 220502802165000008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One and One Half Story
- Property subtype: Triplex, Multi Family
- Attached to another structure: Yes
Materials
- Vinyl Siding
- Foundation: Brick/Mortar
- Roof: Other
Condition
- Resale
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $53/sqft
- Tax assessed value: $112,500
- Annual tax amount: $2,242
- Date on market: 10/2/2025
- Cumulative days on market: 47 days
- Listing terms: Cash,Conventional,Other
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/18/2025 | Sold | $120,000-7.7%$53/sqft |
Source:  SIRA #2025011537 Report a problem | ||
| 10/2/2025 | Listed for sale | $130,000+1344.4%$57/sqft |
Source: SIRA #2025011537 Report a problem | ||
| 2/8/2013 | Sold | $9,000-68.8%$4/sqft |
Source: SIRA #201300033 Report a problem | ||
| 4/26/2012 | Sold | $28,800$13/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,242 +21.6% | $112,500 +6.5% |
| 2024 | $1,844 +10.8% | $105,600 +22.2% |
| 2023 | $1,664 +15.9% | $86,400 +10.8% |
| 2022 | $1,435 -0.2% | $78,000 +16.9% |
| 2021 | $1,438 -0.2% | $66,700 |
| 2020 | $1,441 -35.5% | $66,700 -0.1% |
| 2019 | $2,235 -53% | $66,800 +1.2% |
| 2018 | $4,755 +57% | $66,000 -0.2% |
| 2017 | $3,029 -25.3% | $66,100 +22.4% |
| 2016 | $4,056 +0.8% | $54,000 +16.4% |
| 2014 | $4,025 +333.7% | $46,400 +2.9% |
| 2013 | $928 +2% | $45,100 -0.9% |
| 2012 | $910 -35.5% | $45,500 -35.5% |
| 2011 | $1,410 -23.3% | $70,500 -23.3% |
| 2010 | $1,838 | $91,900 |
| 2009 | $1,838 | $91,900 |
Find assessor info on the county website
Neighborhood: 47150
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Nearby schools
GreatSchools rating
- 4/10Hazelwood Middle SchoolGrades: 5-8Distance: 0.7 mi
- 7/10New Albany Senior High SchoolGrades: 9-12Distance: 0.8 mi
- 7/10Slate Run Elementary SchoolGrades: PK-4Distance: 1.5 mi
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- Indiana
- Floyd County
- New Albany
- 47150
- 2036 E Market Street
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