Check Availability
$239,000
House - For Sale

245 Cherry Street

New Albany, IN 47150
bedrooms
4 Beds
bathrooms
4 Baths
square feet
1994 Sqft
$1,291
Estimated Monthly
$0
HOA / Fees
9.45%
Cap Rate

About This Property

This mirror image DUPLEX is the perfect INVESTMENT opportunity! Each apartment has 2 bedrooms, 1 full bath, and a 1/2 bath. Each unit has an attached one car garage in the basement with inside stair entry leading to the individual apartment. The attached garage itself is a tenant's dream! The kitchen is nice and open to allow for an eat in table. This duplex brings in a total of $1800/month. Apartment A has a long term tenant who is on a month-to-month lease bringing in $650/month. Apartment B is bringing in $1,150/month. Apartment B has been completely redone top to bottom and has potential to rent for $1400/month or better yet, live in one and let the other pay your mortgage! Mandatory 48 hours notice for all showings. All square footage and room sizes are approximate.

The manager has listed the unit size as 1994 square feet.
Unit Size
1,994Ft²
Days on Market
28 days
Land Size
0.26 acres
Price per sqft
$120
Property Type
House
Property Taxes
$117
HOA Dues
-
Year Built
-
Listed By
Last updated: 12 days ago (SIREAIN #202407018)

Price History

Date / Event Date Event Price
Apr 26, 2024 Relisted $239,000
Relisted
Apr 14, 2024 No longer available -
No longer available
Apr 9, 2024 Listed by eXp Realty $239,000
Listed by eXp Realty
Aug 30, 2023 No longer available -
No longer available
Aug 24, 2023 Listed by eXp Realty $214,900
Listed by eXp Realty
This mirror image DUPLEX is the perfect INVESTMENT opportunity! Each apartment has 2 bedrooms, 1 full bath, and a 1/2 bath. Each unit has an attached one car garage in the basement with inside stair entry leading to the individual apartment. The kitchen is nice and open to allow for an eat in table. This duplex brings in a total of $1800/month. Apartment A has a long term tenant who is on a month-to-month lease bringing in $650/month. Apartment B is bringing in $1,150/month. Apartment B…
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Property Highlights

Air Conditioning
Interior Details

Basement Information

Basement

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
1,866 ft²
$107/ft²
$199,900 Apr 12, 2024
-
$164/mo
House
4 Beds
2 Baths
1,740 ft²
$157/ft²
$273,500 Jan 4, 2024
-
-

About New Albany


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Frequently Asked Questions

When was property at 245 Cherry Street built and last sold?
The property at 245 Cherry Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 245 Cherry Street is $245,866.
What are some comparable homes to 245 Cherry Street?
Homes that are comparable to 245 Cherry Street include a house property at 719 West Cottom Avenue, 155 Cherry Street, which are both great to check out.

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