Excellent investment opportunity in a prime Sellersburg location! This spacious two-story brick fourplex, built in 1987, offers a total of 5,412 square feet and sits on a 0.220-acre lot. The building features (4) well-designed 2-bedroom units, making it a great addition to any rental portfolio.
Unit Layout:
(2) units with 1.5 bathrooms
(2) units with 1 full bathroom
Amenities in each unit:
Fully equipped kitchens
Laundry hookups
Central air conditioning
Gas heat
In addition to the living units, the property includes (4) individual storage units, providing added value and potential income. Ample parking and a low-maintenance brick exterior add to the appeal.
This property is ideal for investors looking for cash flow and long-term equity in a growing area. Whether you're expanding your portfolio or entering the multi-family market, this property offers solid fundamentals and room to add value.
?? Conveniently located near schools, shopping, and major highways.
Sold for $385,000 on 09/04/25
$385,000
449-451 N New Albany Street, Sellersburg, IN 47172
8beds
5,412sqft
Quadruplex, Multi Family
Built in 1987
-- sqft lot
$386,400 Zestimate®
$71/sqft
$1,172 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 04, 2025 at 11:47am
Listed by:
Jason Wade,
Covet Realty
Bought with:
Rhonda Spencer, RB18001571
Schuler Bauer Real Estate Services ERA Powered (N
Source: SIRA,MLS#: 2025010066
Originating MLS: Southern Indiana REALTORS Association
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Laundry Closet, Main Level
Features
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 5,412
- Total interior livable area: 5,412 sqft
- Finished area above ground: 5,412
- Finished area below ground: 0
Property
Parking
- Total spaces: 7
- Parking features: Garage
- Garage spaces: 7
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,583 sqft
Details
- Additional structures: Shed(s)
- Parcel number: 101711100176000031
- Zoning: Residential,Multi Family
- Zoning description: Residential,Multi Family
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Foundation: Poured
- Roof: Shingle
Condition
- Resale
- New construction: No
- Year built: 1987
Utilities & green energy
- Sewer: Public Sewer
- Water: Not Connected, Public
- Utilities for property: Water Available
Community & neighborhood
Location
- Region: Sellersburg
Other
Other facts
- Listing terms: Cash,Conventional,Contract
- Road surface type: Paved
Sell with ease on Zillow
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$386,400
2% more+$7,728
With Zillow Showcase(estimated)$394,128