317 W Water Street, Newburgh, IN 47630
Local realty services provided by:ERA Crossroads
Listed by:mitch schulzCell: 812-499-6617
Office:weichert realtors-the schulz group
MLS#:202542410
Source:Indiana Regional MLS
Price summary
- Price:$399,900
- Price per sq. ft.:$236.63
About this home
Situated on the iconic Water Street in the heart of historic Downtown Newburgh, this rare duplex—fondly known as La Paloma—offers storybook views of the Great Ohio River from east to west. Well located along the scenic Newburgh Rivertown Trail, this gem is just steps away from local favorites like Honeymoon Coffee, Marida, Cafe Arazu, Knob Hill Tavern, and more! The upper-level unit features 2 spacious bedrooms, 1 full bath, in-unit laundry hook-ups, and panoramic views that will leave your guests speechless. Imagine sipping your morning coffee while watching the river wake up with the sun, or winding down as the sunset dances across the water. Recent updates ensure peace of mind, including: New ductless mini-split HVAC systems (2023), Water heater (2022), some flooring (2021), Roof (2021). Currently rented for $1,300/month, this unit presents an exceptional opportunity for investors or future owner-occupants. The lower level is an open canvas with it's own kitchen, full bath and one bedroom. An enclosed porch makes for an ideal space to relax while watching the barges pass and nature flies by. 317 W. Water Street has been in the same family for many years and is now a wonderful opportunity for you to own property along the riverfront either for income purposes or your own million dollar view!   
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Home facts
- Year built:1955
- Listing ID #:202542410
- Added:10 day(s) ago
- Updated:October 28, 2025 at 10:06 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,690 sq. ft.
Heating and cooling
- Cooling:Multiple Cooling Units
- Heating:Electric
Structure and exterior
- Year built:1955
- Building area:1,690 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Castle
- Middle school:Castle South
- Elementary school:Newburgh
Utilities
- Water:Public
- Sewer:Public
Finances and disclosures
- Price:$399,900
- Price per sq. ft.:$236.63
- Tax amount:$3,844
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