Floyd County Homes under $350,000

Floyd County Homes under $350,000

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Newest Floyd County Homes under $350,000

2235 Ekin Avenue, New Albany
$275,000
4 Beds ⋅ 4 Baths ⋅ 2026012589 MLS ⋅ ACTIVE Status
Yes, you can still find a rental property that beats the 1% rule! Fully leased, 4-unit apartment building in Uptown New Albany with numbers that work: $3140 per month in rent income, which is $37,680 a year. A cash-on-cash return like this is hard to find right now. All four units have been updated in some way within the last two years. A floorplan is provided showing the three 1-bedroom units and one studio (combined bedroom and living room). Each unit has its own furnace and separate gas and electric meters. Tenants pay gas and electric. Unit 2 has a washer and dryer. There is off-street parking for 4 cars (rare for an uptown 4-plex), plus a grassy yard for playing and dog walking. With a full-price offer, seller will contribute up to $5,000 towards an interest rate buydown or other buyer closing costs that the lender allows, plus a 1-year home warranty for peace of mind, and will do some repairs that the home inspector noted. Or you can get a discounted price by buying it as-is. A building floor plan, rent roll, tax record, income and expense summary, and a 2026 Certainty Home Inspection report are available, so you can be sure that viewing it in person would be a good use of time. Run the numbers on this one using your favorite investment calculator app - you’ll be glad you did. Ask your tax advisor how buying this before the end of the year can potentially save money on taxes. Or, you may be able to buy this with a 5% down payment if you use it as your primary residence.

2235 Ekin Avenue, New Albany

7051 Brenlee Drive, Georgetown
$349,900
3 Beds ⋅ 3 Baths ⋅ 2026012153 MLS ⋅ ACTIVE Status
Open House Sunday, October 18, 2–4 PM! Seller offering up to $5,000 toward buyer’s lender-approved closing costs, prepaid expenses or an interest-rate buydown with an acceptable offer! Nearly an acre, generous living space and four-car garage capacity in Floyd County! This 3-bedroom, 2.5-bath ranch in Hill Top Acres offers approximately 2,318 finished square feet, including finished lower-level living space. Hardwood floors welcome you into the living room, while the kitchen features updated countertops, with backsplash, cabinet hardware, sink, faucet and range updated in 2025. Both full bathrooms have been remodeled, and main-floor laundry adds everyday convenience. The lower level offers a spacious family room with a wood-burning fireplace, a half bath and an office with potential for use as a nonconforming fourth bedroom. Enjoy the sunroom, spacious deck and pergola overlooking the sizable yard, with privacy fencing installed in 2023. A two-car basement garage plus a separate two-car detached garage provide ample parking, storage and space for projects. Roofs on both the house and detached garage were replaced in 2023. Additional improvements include select lighting fixtures, interior painting and landscaping. Located within the New Albany-Floyd County school district, only 5 minutes from Floyd Central High School and Highland Hills middle school! Come explore the space, settle into the sunroom and imagine making this home your own!

7051 Brenlee Drive, Georgetown

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