1309 E Oak Street New Albany, IN $ 379,000
1309 E Oak Street
$ 379,000
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1309 E Oak Street

New Albany, IN, 47150
$ 379,000
Bedrooms6 Baths3.0 Sq 3,133

Monthly Estimate*

$ 2,334

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Multi-Family Home for sale in New Albany, IN

for $379,000 with 6 bedrooms and 3 full baths. This 3,133 square foot home was built in 1948 on a lot size of 0.18.

Unique opportunity featuring two separate living units on one property! The front home offers kitchen and bathroom updates completed within the last five years, while the rear residence has been almost completely rebuilt and renovated with new wiring, HVAC system, water heater, flooring, bathrooms, and kitchen—providing the feel of a brand-new home. With separate electric meters and individual mailboxes, this property offers incredible flexibility. Rent both units for strong income potential, live in one and rent the other to help offset your mortgage and monthly expenses, or explore short-term rental opportunities. Perfect for investors, multi-generational living, extended families, or buyers seeking additional income. Conveniently located near restaurants, shopping, and interstate access, making it attractive for both owners and tenants alike.

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Multi-Family Active

Price

$ 379,000

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 3,481

Style

Lot Size

0.18

Year Built

1948

Town/City

New Albany

County/Region

Floyd

MLS | Web ID

202609353

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Close Of Escrow
Roof Shingle
Appliances Oven Range Refrigerator
Zoning Residential Multi Family
Patio/Porch Features Covered Patio Porch
Architectural Style One Story
Construction Materials Aluminum Siding Brick Frame
Year Built 1948
Stories Count 1
Township New Amsterdam
Levels One
Property Subtype Duplex
County Floyd
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 16
Full Baths 3
Status Active
Directions Vincennes St to Oak st Spring St to 13th St 8th St to Oak St.
City New Albany
Zoning Description Residential Multi Family
Lot Size Units Acres
Lot Size Square Feet 7840.8
Listing Terms Cash Conventional Contract FHA Lease Option Lease Purchase
Tax Annual Amount 3481
Property Condition Resale
Structure Type Duplex
Standard Status Active
Property Sub Type Additional Residential
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Interior
Interior Amenities Breakfast Bar Ceiling Fan(s) Bath in Primary Bedroom Main Level Primary
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Above Grade Finished Area 3133
Half Baths 0
Laundry Features Main Level Laundry Room
Total Bedrooms 6
Below Grade Finished Area 0
Total Baths 3
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Exterior
Exterior Amenities Porch Patio
Water Source Connected Public
Lot Size Area 0.18
Foundation Details Brick/Mortar Cellar
Building Area Total 3133
Lot Size Acres 0.18
Road Surface Type Paved
Other Parking Off Street
Lot Size Source Assessor
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* Excluded Features
List By
Jeff Simmons

Listing Agent

Rei Realty, Llc

Broker

jeffreirealty@gmail.com

Email

Affordability Calculator

$2,624
Per Month
89%
11%
0%
Monthly Principal & Interest
$2,334
Monthly Property Taxes
$290
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/19/2026$379,000 Listed Price

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1309 E Oak Street, New Albany, IN, 47150 is a Multi-Family Home for sale at $379,000 with 3,133 sqft and a lot size of 0.18. 1309 E Oak Street has 6 bedrooms, 3.0 baths, and was built in 1948. The property's zip code is 47150 which is in New Albany, IN