For sale

$569,000

318-322 W Market Street, New Albany, IN 47150

6beds

4,614sqft

$3,582/mo

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Duplex, Quadruplex, Multi Family

Built in 1929

-- sqft lot

$536,200 Zestimate^®

$123/sqft

$-- HOA

What's special

This listing features two income-producing properties in downtown New Albany - 318 W Market, a quadplex, and 322 W Market, a duplex with a parking lot for off street parking. Five of the six units are currently leased, bringing in $4,420 per month combined. Tenants are responsible for their own gas and electric, while the owner covers water, sewer, and trash. A solid opportunity for investors looking to add a turnkey, income-producing property to their portfolio. Square footage, taxes, flood zone, and school systems are to be verified by the buyer(s) or Buyer's Agent if critical to the buyer(s).

23 days

286

12

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Forced Air

Cooling

Window Unit(s), WallWindow Unit(s)

Features

Has basement: Yes
Has fireplace: No

Interior area

Total structure area: 4,614
Total interior livable area: 4,614 sqft
Finished area above ground: 4,614
Finished area below ground: 0

Property

Features

Levels: Two
Stories: 2

Lot

Size: 3,920 Square Feet

Details

Additional parcels included: 220500300359.000008
Parcel number: 220500300358000008
Zoning: Residential
Zoning description: Residential

Construction

Type & style

Home type: MultiFamily
Architectural style: Two Story
Property subtype: Duplex, Quadruplex, Multi Family
Attached to another structure: Yes

Materials

Frame
Foundation: Cellar

Condition

New construction: No
Year built: 1929

Utilities & green energy

Sewer: Public Sewer
Water: Connected, Public

Community & HOA

Location

Region: New Albany

Financial & listing details

Price per square foot: $123/sqft
Annual tax amount: $5,762
Date on market: 7/7/2026
Cumulative days on market: 24 days
Listing terms: Cash,Conventional

Estimated market value

$536,200

$509,000 - $563,000

$1,526/mo

Price history

Date	Event	Price
7/7/2026	Listed for sale	$569,000+22.4%$123/sqft
Source: SIRA #202609855 Report a problem
7/12/2021	Sold	$465,000-8.8%$101/sqft
Source: SIRA #202106298 Report a problem
4/5/2021	Listing removed	--
Source: SIRA Report a problem
3/11/2021	Listed for sale	$510,000$111/sqft
Source: SIRA #202106298 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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