This rare offering on Paoli Pike in Floyds Knobs, Indiana presents an extraordinary opportunity for a variety of buyer types — from investors and developers to owner-occupants looking for flexibility. The property spans just under 3 acres and includes two single-family homes, one mobile home, and a four-bay garage, all situated on a single parcel with approximately 265 feet of road frontage on one of Floyd County’s most desirable corridors. Property Overview: Total acreage: just under 3 acres Two single-family residences with character and potential for updates One mobile home for additional rental income or future removal Large 4-bay garage with concrete floors, ideal for storage, workshop, or small business use Approximately 265 feet of Paoli Pike frontage, providing excellent visibility and accessibility Location Highlights: Situated in Floyds Knobs, one of Southern Indiana’s most sought-after areas Surrounded by established residential neighborhoods, luxury homes, and small businesses Minutes from top-rated schools, dining, retail, and local amenities Easy access to downtown New Albany and Louisville via I-64 Strong demographics and continued growth in the surrounding area Potential Uses: Multigenerational Living: With multiple residences already on site, the property is well-suited for extended family use while still offering independent living spaces. Investment/Rental Income: Each dwelling provides income-producing potential. The garage offers additional revenue streams as storage, contractor bays, or small business space. Redevelopment Opportunity: Nearly 3 acres with frontage on Paoli Pike makes this an attractive candidate for future redevelopment — whether for higher-density residential, mixed-use, or neighborhood commercial purposes (subject to zoning and approvals). Owner-User: A buyer seeking both a primary residence and space for a business, hobby, or workshop will find the setup advantageous. Investment Highlights: Rare large parcel in a high-demand location Immediate rental income potential from multiple dwellings Long-term redevelopment play with strong upside Flexible usage appeal for investors, developers, and owner-occupants “As-Is” sale provides a clean slate for a buyer’s vision Seller Notes: Sellers welcome inspections; property to be sold as-is Sq. ft. and room sizes are approximate Mobile home may remain or be removed depending on buyer preference All showings by appointment only This is a property that offers both short-term income and long-term potential, framed by growth, visibility, and desirability in Floyds Knobs. Whether you are seeking to generate cash flow, create a family compound, or explore redevelopment opportunities, Paoli Pike Multi-Residence Investment is a one-of-a-kind listing worth strong consideration.