ATTENTION INVESTORS! This fully renovated 6-bedroom, 2-bathroom duplex offers 2,400 sq. ft. of living space, divided into two 3-bedroom, 1-bathroom units (1,200 sq. ft. each). Every detail has been upgraded, including a NEW roof, gutters, windows, siding, TWO water heaters, TWO HVAC systems, TWO electrical panels, and complete rewiring. Luxury features include tile showers, LVP flooring throughout, granite and quartz countertops, new cabinets, and modern appliances. Both units are leased through August 2025, generating a total monthly rental income of $3,100. With impeccable upgrades, reliable tenants, and fantastic cash flow, this turn-key property is a rare opportunity to effortlessly grow your portfolio and enjoy peace of mind.
Sold for $300,000 on 01/17/25
$300,000
617 5th Street, New Albany, IN 47150
6beds
2,400sqft
Duplex, Multi Family
Built in 1943
-- sqft lot
$96,300 Zestimate®
$125/sqft
$1,401 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 10, 2025 at 11:34am
Listed by:
Troy Stiller,
Schuler Bauer Real Estate Services ERA Powered (N,
Jessica Ginn,
Schuler Bauer Real Estate Services ERA Powered (N
Bought with:
Alyssa Langan, RB17001325
White Picket Real Estate
Source: SIRA,MLS#: 2024012616
Originating MLS: Southern Indiana REALTORS Association
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Oven, Range, Refrigerator
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
- Finished area above ground: 2,400
- Finished area below ground: 0
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 3,920 sqft
Details
- Parcel number: 220503500112000008
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: MultiFamily
- Architectural style: One Story
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Condition
- Resale
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & neighborhood
Location
- Region: New Albany
Other
Other facts
- Listing terms: Cash,Conventional,FHA
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$96,300
2% more+$1,926
With Zillow Showcase(estimated)$98,226