5 beds 5 baths 3,380 sq. ft.
38.2908 -85.81

1322 E Spring New Albany, IN 47150

Est. Monthly $1,413 with $1,704 in taxes recalculate
5 beds 5 baths 3,380 sf

Have A Question? Contact Office Contact CENTURY 21 Champion Real Estate, Inc.

CENTURY 21 Champion Real Estate, Inc.
2070 Highway 135 Northwest
Corydon, IN 47112
CENTURY 21 Champion Real Estate, Inc.
2070 Highway 135 Northwest Corydon, IN 47112
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1322 E Spring
New Albany, IN 47150

Explore This Property

Single Family Detached - Easy Money! This gorgeous 4 plex is fully rented with long term tenants and brings in $2100 per month in rent! If you want a hands off investment property that is already bringing in income this one is for you! Two 1-bedroom units make up the first floor, both are very spacious and rent easily. One unit on the first floor has a washer and dryer in the second bathroom. (One of the one bedroom units is a 2 bath unit.) The second floor consists of one 2 bedroom apartment and one 1 bedroom apartment. Numerous upgrades have been made making this a problem free property. Since all units are rented advance notice will be required for showings. All appliances remain with the property, there is a laundry area in the basement with 3 washers and dryers, one for each tenant, and the 4th apartment has its own in the bathroom. HVAC units have been replaced, new water heater, new carpet in the 2br unit, new tile kitchen floor in one of the 1st floor units, bathroom upgrades, plumbing upgrades, paint, and many more repairs and upgrades have been completed in the past few years. Tenants pay for their own electric, each unit has its own electric furnace and central air. Owner pays water/sewer and gas. Gas is approx $30 per month, water varies.

House is on the historic registry. Property has 5 bedrooms and 5 bathrooms, rents immediately every time there is a vacancy. Beautiful hardwood floors throughout.
MLS # 201708388
Courtesy Of Keller Williams Realty Southern Indiana

Property Features

  • Age: Over 50 Years Old
  • Amenities: Basement
  • Architecture Style: Other
  • Cooling System: Central A/C
  • Heating System: Heat Pump
  • Lot Size: 0.13 Acres
  • Parking Type: Off Street
  • Roof Type: Unknown
  • Rooms: Basement, Bedroom, Full Bath

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $1,413Your estimated monthly payment
    $49,98020% Down Payment
    $249,900 $224,910 $1,704
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    Grades K-4 | Public School

    NEW ALBANY, IN 47150
    600 E 11TH ST

    Total Students 260
    Student Teacher Ratio 15:1
    View School Details
    Middle School
    Grades 5-8 | Public School

    NEW ALBANY, IN 47150

    Total Students 900
    Student Teacher Ratio 19:1

    School Rating

    3 stars View School Details
    High School
    Grades 9-12 | Public School

    NEW ALBANY, IN 47150

    Total Students 2225
    Student Teacher Ratio 21:1

    School Rating

    2 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Hazelwood Middle School 0.7 mi Public 5-8
    Children's Academy Early Learning Center 1.0 mi Public PRESCHOOL-PRESCHOOL
    Portland Elementary School 1.2 mi Public K-5
    Slate Run Elementary School 1.3 mi Public K-4
    Fairmont Elementary School 1.4 mi Public K-4
    Our Lady Of Providence Jr-sr High School 1.7 mi Catholic 7-12
    Our Lady Of Providence High School 1.7 mi Catholic 7-12
    Green Valley Elementary School 1.8 mi Public K-4
    Portland Christian School - Portland Avenue Campus 1.8 mi Private PRESCHOOL-8
    Atkinson Elementary School 2.0 mi Public PRESCHOOL-5
    Northside Christian School 2.1 mi Private K-12
    Our Lady Of Perpetual School 2.1 mi Catholic PRESCHOOL-8
    Holy Family School 2.1 mi Catholic PRESCHOOL-8
    Academy Of Shawnee High School 2.1 mi Public 6-12
    Esl Newcomer Academy 2.1 mi Public 6-10
    Clarksville Elementary School 2.3 mi Public PRESCHOOL-4
    Christian Academy Of Indiana 2.3 mi Private PRESCHOOL-12

    Local Area Information for New Albany, IN 47150

    Median Age: 38.5
    Married: 36.2%
    Number of Households: 20,279
    Households with Children: 5,722
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Single Family Detached located at 1322 E Spring, New Albany, IN 47150 is currently for sale. 1322 E Spring, New Albany is listed for $249,900. This property has 5 bedrooms, 5 full bathrooms, and approximately 3,380 square feet. If the property located at 1322 E Spring, New Albany, IN isn't what you're looking for, search Indiana real estate to see other houses for sale in New Albany.