317 W Water Street, Newburgh, IN 47630

Situated on the iconic Water Street in the heart of historic Downtown Newburgh, this rare duplex—fondly known as La Paloma—offers storybook views of the Great Ohio River from east to west. Well located along the scenic Newburgh Rivertown Trail, this gem is just steps away from local favorites like Honeymoon Coffee, Marida, Cafe Arazu, Knob Hill Tavern, and more! The upper-level unit features 2 spacious bedrooms, 1 full bath, in-unit laundry hook-ups, and panoramic views that will leave your guests speechless. Imagine sipping your morning coffee while watching the river wake up with the sun, or winding down as the sunset dances across the water. Recent updates ensure peace of mind, including: New ductless mini-split HVAC systems (2023), Water heater (2022), some flooring (2021), Roof (2021). Currently rented for $1,300/month, this unit presents an exceptional opportunity for investors or future owner-occupants. The lower level is an open canvas with it's own kitchen, full bath and one … read more …