Seller providing $10K towards upgrades, closing cost, or buyers choice. INVESTOR OPPORTUNITY in Downtown New Albany! Conveniently located near shopping, restaurants, and quick interstate access, this versatile property offers multiple possibilities.
Currently configured as a duplex featuring:
Main Level Unit - 2 Bedrooms / 2 Bathrooms
- Upper Level Unit - 1 Bedroom / 1 Bathroom
Whether you're looking to expand your rental portfolio, convert it back into a single-family home, or live in one unit while renting the other to help offset expenses, this property offers flexibility and income potential.
The property has been consistently rented for years, making it a great opportunity for investors or owner-occupants alike. Don't miss your chance to add this income-producing property to your portfolio. Sq ft & rm sz approx.
For sale
Price cut: $4.1K (7/16)
$174,900
2112 E Market Street, New Albany, IN 47150
3beds
1,872sqft
Duplex, Multi Family
Built in 1925
-- sqft lot
$-- Zestimate®
$93/sqft
$-- HOA
What's special
- 69 days |
- 1,315 |
- 81 |
Zillow last checked:
Listing updated:
Listed by:
Zach Howard,
Schuler Bauer Real Estate Services ERA Powered (N,
Patti Howard,
Schuler Bauer Real Estate Services ERA Powered (N
Source: SIRA,MLS#: 202608302
Originating MLS: Southern Indiana REALTORS Association
Originating MLS: Southern Indiana REALTORS AssociationFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Bedroom
- Description: Flooring: Wood
- Level: First
Bedroom
- Description: Flooring: Wood
- Level: First
Bedroom
- Description: upstairs bedroom area,Flooring: Wood
- Level: Second
Family room
- Description: Back room,Flooring: Carpet
- Level: First
Other
- Description: downstairs full bathroom,Flooring: Luxury Vinyl Plank
- Level: First
Kitchen
- Description: Flooring: Luxury Vinyl Plank
- Level: First
Kitchen
- Description: upstairs kitchen,Flooring: Luxury Vinyl Plank
- Level: Second
Living room
- Description: Front room,Flooring: Wood
- Level: First
Living room
- Description: Flooring: Carpet
- Level: Second
Heating
- Heat Pump
Cooling
- Central Air, Window Unit(s), WallWindow Unit(s)
Appliances
- Included: Oven, Range, Washer
- Laundry: Main Level, Other
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,872
- Total interior livable area: 1,872 sqft
- Finished area above ground: 1,872
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached, Garage
- Garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered, Porch
- Exterior features: Porch
Lot
- Size: 6,882 Square Feet
Details
- Additional structures: Garage(s)
- Parcel number: 220502900131000008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One and One Half Story
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding
Condition
- New construction: No
- Year built: 1925
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: McCollough & North Park
HOA
- Has HOA: No
Location
- Region: New Albany
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $187,100
- Annual tax amount: $3,945
- Date on market: 5/14/2026
- Cumulative days on market: 70 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,325/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $174,900-2.3%$93/sqft |
Source:  SIRA #202608302 Report a problem | ||
| 6/15/2026 | Price change | $179,000-3.2%$96/sqft |
Source: SIRA #202608302 Report a problem | ||
| 5/14/2026 | Listed for sale | $185,000$99/sqft |
Source: SIRA #202608302 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,616 +11% | $187,100 +9.9% |
| 2024 | $3,257 +7.1% | $170,300 +11.6% |
| 2023 | $3,041 +8.1% | $152,600 +7% |
| 2022 | $2,813 +4.3% | $142,600 +9.1% |
| 2021 | $2,697 +9.1% | $130,700 +4.5% |
| 2020 | $2,472 +0.3% | $125,100 +9.2% |
| 2019 | $2,466 +7.9% | $114,600 +0.9% |
| 2018 | $2,286 | $113,600 +9.8% |
| 2017 | $2,286 +19.3% | $103,500 +0.9% |
| 2016 | $1,916 | $102,600 +8.1% |
| 2014 | $1,916 +0.9% | $94,900 -5.5% |
| 2013 | $1,898 -6.1% | $100,400 -0.7% |
| 2012 | $2,022 +8.5% | $101,100 +8.5% |
| 2011 | $1,864 +4.1% | $93,200 +4.1% |
| 2010 | $1,790 | $89,500 |
| 2009 | $1,790 | $89,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 47150
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: 1.4 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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