5Plex
1011 Vincennes St., New Albany, IN 47150

Overview
Seller will consider - Seller-paid closing costs, Rate buy-down assistance, Renovation credit
Investment Opportunity! This fully occupied 5-unit apartment building offers a rental
portfolio with a variety of floor plans. Unit 4 features 3 bedrooms and 3 full baths, while
Units 1, 2, and 3 each offer 2 bedrooms and 2 baths—Unit 3 being the only upstairs unit
with private deck entry. Unit 5 is a cozy 1 bedroom, 1 bath on the first floor. All units are
individually climate-controlled with efficient mini-split systems. A great option for
investors seeking consistent rental income with modern amenities already in place.
Directions:
Charlestown Road to Vincennes Street. Across the street from New Albany High
School.
For Sale
Secondary Uses: Low Rise
- Sale Price
- $600,000
- Price Per SF
- $103.79/SF
- Building Size
- 5,781 SF
- Acres
- 0.22 ac
- Zoning
- C-1
- # of Buildings
- 2
- Floors
- 2
- Year Built
- 1919
- Construction Siding
- Wood
- Construction Type
- Wood
- Parking Spaces
- 25
- Nearest MSA
- Louisville/Jefferson County
- Property Status
- Existing
- In Opportunity Zone
- Yes
- Total Units
- 5
- County
- Floyd
- Listed
- 05/08/2025
- Updated
- 05/12/2026
- Listing ID
- fa7d7e59
- Parcel APN
- 22-05-04-200-680.000-008












