220 E Market Street, Jeffersonville, IN 47130

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220 E Market Street,Jeffersonville, IN 47130
$210,000
  • 2 Beds
  • 2 Baths
  • 1,128 sq. ft.
  • Multi-family
  • Active
Listed by: dave gambol
Office: simpler.realestate
MLS#:2026010211
Source:IN_SIRA

Price summary

  • Price:$210,000
  • Price per sq. ft.:$186.17

About this home

220 East Market Street, Jeffersonville, IN 47130 sits one block from Big Four Station Park and the pedestrian bridge into Louisville, in the heart of Jeffersonville's historic riverfront corridor. Built in 1990, this two-unit duplex is newer than most of the surrounding 1920s to 1950s multifamily stock and comes 100% occupied at $1,500 per month in combined rent. Unit 2 is leased through July 2027 at $850 per month, the confirmed market rate: the same unit rented in June 2026, five days on market, at full asking rent. Unit 1 sits below market on an at-will lease at $650 per month, leaving roughly $2,400 a year in additional income once that unit turns over. Public water and sewer, central air, and warm-air heat keep operations simple. At $210,000, the property prices at an estimated 4.83% cap rate and an 11.67 gross rent multiplier on current rent, with room to grow. Spring Street, the Saturday farmers market, and the Ohio River Scenic Byway are all a short walk away. Full...

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Home facts

  • Year built:1990
  • Listing ID #:2026010211
  • Added:1 day(s) ago
  • Updated:August 31, 2026 at 03:05 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Bathrooms Description:Bath in Primary Bedroom
  • Kitchen Description:Oven, Range, Refrigerator
  • Bedroom Description:Main Level Primary
  • Living area:1,128 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Roof:Shingle
  • Year built:1990
  • Building area:1,128 sq. ft.
  • Lot area:0.23 Acres
  • Architectural Style:One Story
  • Construction Materials:Frame, Vinyl Siding
  • Foundation Description:Slab
  • Levels:1 Story

Utilities

  • Water:Connected, Public

Finances and disclosures

  • Price:$210,000
  • Price per sq. ft.:$186.17
  • Tax amount:$3,168

Features and amenities

  • Appliances:Oven, Range, Refrigerator
  • Laundry features:Main Level
  • Amenities:Utility Room, Window Blinds

Parking

  • Parking description:No Garage