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$175,000

For Sale

8 days ago

623 E Spring St, New Albany, IN

House

MLS® 2026010644

0 Bed

0 Bath

2864 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential
Size 2864 sqft
Garage 
Taxes $1,292
Days Active 8
Lot Size 0.06 Acres
Approx. Age 1919
Avg. Price Per Sqft $61
MLS® Number 2026010644

Property Address: 623 E Spring St, New Albany, IN, 47150-2923

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional redevelopment opportunity in the heart of thriving downtown New Albany! Situated on a highly visible stoplight corner, this prominently located commercial building offers incredible potential for investors, developers, or owner-users. Previously configured with professional office space on the main level and apartments on the second floor, the property provides the flexibility to restore its previous mixed-use layout or reimagine the building as all residential apartments (subject to any required approvals). Located within the East Spring Street Historic District, this property combines historic character with an irreplaceable location; close proximity to: restaurants, shopping, entertainment, and ongoing downtown investment. The building appears to have solid bones but will require renovation, making it an ideal value-add project with significant upside. Rare opportunities like this in downtown New Albany don't come along often!
MLS® Number2026010644
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1919
BasementCrawl Space
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 3, 2026List Date
$175,000List Price
  • Commute

Commute

Starting Address
Destination Address
623 E Spring St, New Albany, IN

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