Residential, 2 Story

house for sale

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Listed: 02/13/23

1751 East Oak Street, New Albany, IN 47150, USA

5 Bed:

3 Bath:

2,884 Sq Ft Living Area:

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Price

$ 187,900

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About This House

This charming triplex could you your next investment opportunity with a gross monthly income of$2, 475,yielding an impressive ~11% CAP rate! The triplex is conveniently located close to local eateries, shopping, and entertainment. 5 bedrooms and 3 bathrooms across2, 884square feet provide ample living space. Featuring a generous front porch, green space, and a 2-car detached garage in the back it has tons to offer. Whether you’re looking for a place to call your own, renting out two units, or simply adding to your investment portfolio, this is the place! Schedule your showing today!

Property Includes

Air Conditioning
Heating Forced Air

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New Albany Housing & Living

Average sale prices for houses

3 bed

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Month	Median Price
Apr 2024	$221,431 (0%)
Mar 2024	$221,431 (0%)
Feb 2024	$221,431 (0%)
Jan 2024	$221,431 (-0.6%)
Dec 2023	$222,806 (-5.3%)
Nov 2023	$235,396 (-0.9%)

In April 2024, the asking price for 3 bed houses for sale in/near New Albany, United States averaged $221,431, staying on the same level compared to the previous month.

Median price trends for properties for sale in New Albany, United States as of April 2024.

Household Income

Median household income: $43,914

Number of households: 15,232

The average household income in New Albany, IN grew from $41,456 to $43,914 in the past year. This data is an estimate based upon 15,232 households in New Albany, IN.
The chart below presents how household income is distributed in New Albany, IN in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: <$800

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in New Albany, IN compared to median property taxes around the country. The prevalent amount of property taxes in New Albany, IN equals <$800 , which is less than the national average.