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3 Beds
4 Baths
1,880 sqft

$275,000

2235 Ekin Ave, New Albany IN, 47150

Price per sqft$146.28
Built in1929
Property size1,880 sqft
Property typeMulti-family

Overview

Active

Listed Oct 26, 2026

Updated 21h ago

Yes, you can still find a rental that beats the 1% rule! Fully leased 4-unit building in Uptown New Albany: $3,140/month in rent, $37,680 a year. All units updated within the last two years: three 1-bedrooms and one studio. Each unit has its own furnace and separate gas and electric meters; tenants pay gas and electric. Unit 2 has a washer and dryer. Off-street parking for 4 cars plus a grassy yard. With a full-price offer, seller will contribute up to $5,000 toward a rate buydown or buyer closing costs, plus a 1-year home warranty and do some repairs. Or you can buy it as-is at a DISCOUNTED PRICE. Floor plan, rent roll, tax record, income/expense summary and 2026 inspection report are available for you. If using this as your primary residence, you may be able to have a 5% down payment.

$1,830/mo

Est. mortgage payment based on a $275,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
1732931

Interior Features

Bedrooms
3
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.09 Acres

Courtesy of Keller Williams Realty, Heidi Fore,
Listing Contact: 502-777-3578 

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Greater Louisville Association of REALTORS held by brokerage firms other than Weston Faulkner are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about each listing includes the name of the listing broker.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Weston Faulkner shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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Data last updated 4:33 AM UTC, 10/27/2026

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