1416 E Oak Street New Albany, IN $ 194,900
1416 E Oak Street
$ 194,900
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1416 E Oak Street

New Albany, IN, 47150
$ 194,900
Bedrooms4 Baths3.0 Sq 1,910

Monthly Estimate*

$ 1,346

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Multi-Family Home for sale in New Albany, IN

for $194,900 with 4 bedrooms and 3 full baths. This 1,910 square foot home was built in 1929 on a lot size of 0.09.

INVESTMENT OPPORTUNITY IN NEW ALBANY! Discover the potential of this spacious duplex offering two separate living units, making it an excellent addition to an investment portfolio or an opportunity for an owner-occupant looking to generate rental income! The main-level unit features 3 bedrooms, 2 full bathrooms, a comfortable living room, and an eat-in kitchen with generous space for everyday living. Previously updated with flooring, kitchen improvements, and bathroom renovations, this unit also offers convenient washer/dryer hookups and access to additional basement storage. The upper-level unit features 1 spacious bedroom with natural wood flooring, a living room, full bathroom, and a generously sized kitchen. Washer/dryer hookups and additional storage provide extra convenience. Both units offer functional layouts with spacious rooms and separate living areas. Previous improvements include roof replacement, updated windows, and a concrete walkway. Conveniently situated in New Albany with access to downtown shopping, dining, entertainment, and major roadways connecting to Louisville. Whether you're expanding your rental portfolio or exploring the benefits of multifamily ownership, this property offers flexibility and income-producing potential. Schedule your showing and explore the possibilities!

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Multi-Family Active

Price

$ 194,900

Bedrooms

4

Full Bath

3

Property Type

Multi-Family

Taxes

$ 1,835

Style

Lot Size

0.09

Year Built

1929

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

2026012939

Features
General
Heating Forced Air
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Dishwasher Oven Range
Zoning Residential
Patio/Porch Features Covered Porch
Architectural Style Two Story
Construction Materials Vinyl Siding Frame
Year Built 1929
Stories Count 2
Township New Albany
Levels Two
Property Subtype Duplex
Community Features Sidewalks
County Floyd
New Construction false
Property Type Residential
HOA false
Garage Y/N false
Other Structures Shed(s)
Total Rooms 11
Full Baths 3
Status Active
Directions From downtown New Albany head east on E Main Street. Turn left onto E 10th Street then right onto E Oak Street. Continue to 1416 E Oak Street. Property will be on the right.
City New Albany
Zoning Description Residential
Lot Size Units Acres
Lot Size Square Feet 3920.4
Listing Terms Cash Conventional
Tax Annual Amount 1835
Structure Type Duplex
Standard Status Active
Property Sub Type Additional Residential
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Interior
Interior Amenities Ceiling Fan(s) Kitchen Island Main Level Primary Second Kitchen Utility Room
Basement Partial
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 1910
Half Baths 0
Laundry Features Main Level Laundry Room
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities Porch
Lot Features Corner Lot
Water Source Connected Public
Lot Size Area 0.09
Foundation Details Block Brick/Mortar
Building Area Total 1910
Lot Dimensions 25x160
Lot Size Acres 0.09
Road Surface Type Paved
Lot Size Source Assessor
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* Excluded Features
List By
Stephannie Wilson

Listing Agent

Nexthome Wilson Real Estate

Broker

s.realtorwilson2@gmail.com

Email

Affordability Calculator

$1,499
Per Month
90%
10%
0%
Monthly Principal & Interest
$1,346
Monthly Property Taxes
$153
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
11/3/2026$194,900 Listed Price

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1416 E Oak Street, New Albany, IN, 47150 is a Multi-Family Home for sale at $194,900 with 1,910 sqft and a lot size of 0.09. 1416 E Oak Street has 4 bedrooms, 3.0 baths, and was built in 1929. The property's zip code is 47150 which is in New Albany, IN