207 Bank St, New Albany, IN
Multi-family for Sale - $625,000
Agent Info
Paul Kiger Coldwell Banker Commercial McMahan |
Property Info
CIMLS# | 1182506 |
Location 207 Bank St New Albany IN 47150 | |
Updated | October 9th, 2025 |
Type | Multi-family |
Price | $625,000 |
Property Description
A rare business opportunity in downtown New Albany, Indiana! Step into history with this charming, 6 unit residence located in the heart of New Albany. Built circa 1870, this beautifully restored property offers timeless character paired with modern convenience. Known as the Scherer/Weigleb House, it represents a true piece of Southern Indiana's heritage. This property has proven success as a short term rental (Airbnb) as well as long term accommodations; making it an outstanding investment opportunity. City skyline and river views make for a one-of-a-kind guest experience. Prime location is just minutes from downtown Louisville, KY and surrounded by dining, shopping and cultural attractions. This property is being sold fully furnished; visit www.STAYONBANK, New Albany, IN for additional information and photos of each unit. Call listing agent for additional information; ie. financials, earnings report etc.