1829 Culbertson Avenue
New Albany, IN, 47150 $ 220,000
Bedrooms3 Baths2.0 Sq 1,786 Monthly Estimate*
$ 1,389
for $220,000 with 3 bedrooms and 2 full baths. This 1,786 square foot home was built in 1929 on a lot size of 0.08.
TURNKEY INVESTMENT OPPORTUNITY! Nice, well-maintained DUPLEX conveniently located on Culbertson Ave in New Albany. Fully leased and generating $2,000/month with tenants paying all utilities, this DUPLEX is a great addition to your portfolio or if you're struggling to find an affordable home to buy—live in one unit while the other helps pay your mortgage. The first floor unit features 2 bedrooms, living room, kitchen, full bath, a laundry area with two water heaters (2021 per previous owner), and a basement with a furnace (2023), sump pump, and shelter/storage space. The second floor unit offers 1 large bedroom, living room, kitchen, bath, furnace and AC (2024), and laundry hookups. Key features and major updates include a new roof (installed Sept 2024), separate utility meters for each unit, updated central heat and AC in both units, dedicated off-street parking off the alley (along with street parking), and vinyl siding on the exterior, which helps reduce property maintenance. Situated between Vincennes and Thomas St, close to New Albany High School and Hazelwood Middle School! Both units are currently occupied; please respect tenant privacy and allow a minimum 24-hour notice for all showings.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air
Possession Subject To Tenant Rights
Appliances Oven Range Refrigerator
Zoning Multi Family
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
County Floyd
New Construction false
Property Type Residential
Garage Y/N false
Total Rooms 9
Full Baths 2
Status Active
Directions Culbertson Ave in between Thomas and Vincennes.
City New Albany
Zoning Description Multi Family
Lot Size Units Acres
Lot Size Square Feet 3484.8
Listing Terms Cash Conventional
Tax Annual Amount 3542
Home Warranty Y/N false
Property Condition Resale
Lease Considered Y/N false
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Residential
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InteriorBasement Crawl Space Partial Unfinished Sump Pump
Total Fireplaces 1
Fireplace Features Decorative
Basement (Y/N) true
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Above Grade Finished Area 1786
Half Baths 0
Laundry Features Main Level Other
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
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ExteriorExterior Amenities Porch
Water Source Connected Public
Lot Size Area 0.08
Foundation Details Cellar
Building Area Total 1786
Lot Size Acres 0.08
Other Parking Off Street
Lot Size Source Assessor
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* Excluded FeaturesList ByJesse NiehausListing Agent
Schuler Bauer Real Estate Services Era Powered (NBroker
jesse@blockrealtyteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,389
- Monthly Property Taxes
- $295
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in New Albany, IN
Average List Price $362,511
Percent of Sale Price 65%
About New Albany, IN 37,322 Population
-2% Since 2002
$ 42,745 Median Income
38.43 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/5/2026 | $220,000 | | Listed Price |