512 E Riverside Dr Evansville, IN 47713
Culver NeighborhoodEstimated payment $1,256/month
Highlights
- 0.24 Acre Lot
- Level Lot
- 5-minute walk to Caldwell Park
- Forced Air Heating and Cooling System
- Carpet
About This Home
Outstanding investment opportunity featuring a 5-unit portfolio across three properties on E. Riverside Dr. The front property, 512 E. Riverside Dr., offers mixed-use potential with a main-level commercial space previously utilized as an insurance office, recently rented for $800/month. The upper level includes a 2-bedroom residential unit that was previously leased for $500/month. This property also includes a detached garage, adding additional value and utility. Situated just down the driveway, 514–516 E. Riverside Dr. consists of a duplex with two 1-bedroom units, providing steady rental potential. This parcel also features a detached garage. Rounding out the portfolio is 663 E. Riverside Dr., a 2-bedroom single-family home with long-term tenants already in place, offering immediate and consistent rental income. With multiple income streams, a mix of residential and commercial use, and value-add potential, this portfolio is ideal for investors looking to expand or diversify their holdings.
Listing Agent
BAKER AUCTION & REALTY Brokerage Phone: 812-491-6247 Listed on: 03/19/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1894
Lot Details
- 10,454 Sq Ft Lot
- Level Lot
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Carpet
- Partially Finished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Glenwood Elementary And Middle School
- Bosse High School
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
Community Details
- 3 Buildings
- 5 Units
Listing and Financial Details
- The owner pays for tax
- Assessor Parcel Number 82-06-32-022-050.014-029
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,405 | $112,200 | $20,500 | $91,700 |
| 2024 | $2,449 | $108,100 | $15,700 | $92,400 |
| 2023 | $2,280 | $104,800 | $15,700 | $89,100 |
| 2022 | $1,219 | $55,600 | $15,700 | $39,900 |
| 2021 | $1,164 | $52,100 | $15,700 | $36,400 |
| 2020 | $1,138 | $52,100 | $15,700 | $36,400 |
| 2019 | $1,125 | $52,100 | $15,700 | $36,400 |
| 2018 | $2,256 | $52,000 | $15,700 | $36,300 |
| 2017 | $1,129 | $51,800 | $15,700 | $36,100 |
| 2016 | $583 | $52,000 | $15,700 | $36,300 |
| 2014 | $1,124 | $51,000 | $15,700 | $35,300 |
| 2013 | -- | $51,400 | $15,700 | $35,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2026 03/19/26 | For Sale | $199,000 | -- | $70 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Total Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $128,039 | Commercial |
Source: Indiana Regional MLS
MLS Number: 202609071
APN: 82-06-32-022-050.014-029
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID
- 1550 S Morton Ave
- 610 Taylor Ave
- 403 Jackson Ave
- 1519 Judson St
- 1401 S Governor St
- 202 Waggoner Ave
- 716 Waggoner Ave
- 660 Taylor Ave
- 1310 S Elliott St
- 725 Waggoner Ave
- 1659 S Evans Ave
- 1223-1225 Culver Dr
- 200 Sweetser Ave
- 808 Waggoner Ave
- 764 Cross St
- 1403 SE 2nd St
- 1219 S Linwood Ave
- 1218 S Linwood Ave
- 1227-1229 Culver Dr
- 332 Madison Ave
- 329 Taylor Ave
- 715 E Riverside Dr
- 638 Jackson Ave
- 1427 Culver Dr Unit B
- 605 Madison Ave
- 1231 Culver Ave Unit C
- 1330 SE 2nd St Unit 201
- 610 Jefferson Ave
- 640 Jefferson Ave
- 1049 Seale Ave
- 1025 Covert Ave
- 924 SE 6th St
- 1807 S Kerth Ave
- 827 Judson St
- 1023 Jefferson Ave
- 601 E Gum St
- 829 Bellemeade Ave
- 1717 Lodge Ave
- 1213 Washington Ave
- 213 Cherry St Unit B
Ask me questions while you tour the home.