Skip main navigation
Active
  • $279,900

    515 E 9th St, New Albany, IN 47150

    2beds
    1baths
    --sqft
    : 
    Loading
    Get pre-qualified
    Multi Family, Duplex
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Turn-key duplex opportunity offering the perfect blend of immediate cash flow potential and long-term wealth building. Whether you're an investor looking to add a low-maintenance income-producing property to your portfolio or a buyer searching for the ideal "house hacking" opportunity, this thoughtfully updated duplex checks all the boxes. Live in one unit while renting the other to offset your monthly housing expenses and start building equity and generational wealth through real estate ownership. Both units have been updated with durability and longevity in mind, featuring commercial-grade flooring, newer HVAC systems in both units, updated cabinetry and granite countertops on one side, and completely submetered utilities for simplified management and reduced owner expenses. With turn-key condition throughout, this property is ready to begin producing income from day one. The desirable downtown location makes these units highly attractive to tenants, while the large backyard with alley access opens the door for future value-add opportunities such as garages, storage units, or additional tenant amenities that could create even more revenue streams over time. Properties like this don't come around often - a move-in ready duplex with strong income potential, low-maintenance updates, and multiple paths to financial success. Whether you're looking to grow your investment portfolio or take your first step into real estate investing, this property offers an incredible opportunity to create passive income for years to come.
    44 days
    |
    329
    |
    22
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Flora 812-344-0246,

    1 Percent Lists Indiana Real Estate,

    Drew Wyant 812-764-0170,

    1 Percent Lists Indiana Real Estate

    Source: MIBOR as distributed by MLS GRID,MLS#: 22104594MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1

      Property

      Lot
      • Size: 5,662 Square Feet
      Details
      • Parcel number: 220502801722000008

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1979

      Community & HOA

      Community
      • Subdivision: No Subdivision
      Location
      • Region: New Albany

      Financial & listing details

      • Annual tax amount: $2,596
      • Date on market: 5/28/2026
      • Cumulative days on market: 46 days
      • Tenant pays: All Utilities

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/28/2026Listed for sale$279,900
        Source: MIBOR as distributed by MLS GRID #22104594 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        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: Midtown

        Getting around

        75 / 100
        Very Walkable
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes