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305 W Main Street, 
New Albany, IN 47150

$275,000


3

Beds


2

Baths


1,736

Sq Ft


Multi-Family

Active

Listed by

Geoffrey Novak

Nick Novak

Knob & Key Realty LLC.

502-938-5388

Last updated:

July 31, 2025, 03:06 PM

MLS#

202509892

Source:

IN SIRA

About This Home

305 W Main Street

WELCOME to 305 W Main Street! ATTENTION: Investors, Owner-Occupants, First-Time Homebuyers - this Duplex could be a great fit for YOU! Current Owners have used the property for short, mid AND long-term rentals. Gross income in 2024 was over $41K!! Located just steps away from Downtown New Albany you'll enjoy the convenience and all the great restaurants and shopping the city has to offer. Additionally, both units have been recently updated and include laundry within the units making this truly a turn-key property. On the main level there are 2 bedrooms and 1 bathroom. Updates from 2022 on the main level include: new flooring throughout, fully remodeled Kitchen (countertops, cabinets, backsplash, etc.), remodeled bathroom, light fixtures, interior paint AND MORE. ALL FURNITURE ON THE MAIN LEVEL TO REMAIN. Downstairs has also been recently updated and is 1Bed/1 Bath. It is fully equipped with a 2nd Kitchen and Laundry units as well and also has a separate entrance. The exterior includes a large wrap around deck that goes to the lower level as well. There is also ample on-street parking and a private patio on the rear of the home. Truly a one-of-a-kind property that offers great investment potential, low-maintenance living, and convenience all wrapped into one! Schedule your showing today OR give us a call with any questions!

Home Facts

Multi-Family

2 Baths

3 Bedrooms

Built in 1929

Price Summary

275,000

$158 per Sq. Ft.

MLS #:

202509892

Last Updated:

July 31, 2025, 03:06 PM

Added:

4 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,736 Sq. Ft.


Structure

Structure

Architectural Style:

One Story

Building Area:

1,736 Sq. Ft.

Year Built:

1929


Lot

Lot Size (Sq. Ft):

1,742


Finances & Disclosures

Finances

Price:

$275,000

Price per Sq. Ft:

$158 per Sq. Ft.

Source:IN SIRA
The information being provided by Southern Indiana Realtors Association is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Southern Indiana Realtors Association All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.