$235,000

Estimated payment $1,507/month

Total Views 22
4 Beds
1 Bath
2,860 Sq Ft
$82 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Balcony
  • Central Air
  • Perry Heights Middle School Rated 9+
  • Luxury Vinyl Tile Flooring
  • Level Lot

About This Home

This rent-ready fourplex in downtown Evansville offers a unique investment opportunity for a House-hack, short term, OR long term cash-flowing rental. It features 4 studio-style apartments, 3 of which are recently renovated - including LVP, updated bathrooms & kitchen. Those 3 units were previously generating $1200/month each as mid-term furnished rentals (often travel nurses). The other unit is occupied by a long-term, reliable month-to-month tenant. Live rent-free in one of the units while still cash-flowing from the others, rent them all short or mid term for higher profits, or rent them all long-term for a stabilized, low maintenance asset.

Listing Agent

Evan Birch

eXp Realty, LLC Brokerage Phone: 812-215-1057 Listed on: 07/08/2026

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 1894

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 38 x 65
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Brick Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Crawl Space

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Location

  • Suburban Location

Schools

  • West Terrace Elementary School
  • Perry Heights Middle School
  • Francis Joseph Reitz High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for building insurance, lawn maintenance, maintenance
  • Assessor Parcel Number 82-06-30-020-089.009-029
  • Seller Concessions Not Offered

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $3,300
  • Maintenance Expense $3,400
  • Trash Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,941

Year Built

Built in 1894

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Fourplex
  • Year Built: 1894
  • Style: Two Story
  • Bedrooms: 4
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: OUTLOT 4 IN UPPER ENL PT LTS 6 & 7
  • Parcel Number ID: 82-06-30-020-089.009-029
  • Platted: Yes
  • Amenities: Balcony, Porch Covered
  • Inside City Limits: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Special Features: None

Interior Features

  • Total Sq Ft: 2860
  • Total Finished Sq Ft: 2860
  • Above Grade Finished Sq Ft: 2860
  • Basement Foundation: Crawl
  • Basement Material: Brick
  • Flooring: Vinyl Tile, Vinyl
  • Main Level Sq Ft: 1430
  • Number Of Ranges Ovens: 4

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Stories: 2

Garage/Parking

  • Parking: Street

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: CenterPoint Energy
  • Water Company: Evansville Water & Sewer
  • Annual Insurance Expense: 3300
  • Annual Maintenance Expense: 3400
  • Annual Trash Expense: 800
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Number Water Meters: 4

Schools

  • Elementary School: West Terrace

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 38 x 65
  • Estimated Lot Sq Ft: 2614
  • Estimated Lot Size Acres: 0.06

Rental Info

  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance
  • Tenant Pays: Electric, Sewer, Water

Tax Info

  • Annual Property Tax: 2941

Multi Family

  • Number Of Refrigerators: 4
  • Number Of Units: 4
  • Num Of1 Bedrooms: 4

MLS Schools

  • High School: Francis Joseph Reitz
  • Middle School: Perry Heights
  • School District: Evansville-Vanderburgh School Corp.

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

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 $4,471 $133,100 $6,800 $126,300
2024 $6,061 $136,300 $5,300 $131,000
2023 $2,836 $130,600 $5,200 $125,400
2022 $2,641 $121,200 $5,200 $116,000
2021 $2,456 $110,800 $5,200 $105,600
2020 $1,718 $79,100 $5,200 $73,900
2019 $1,708 $79,100 $5,200 $73,900
2018 $1,667 $78,900 $5,200 $73,700
2017 $1,705 $78,200 $5,200 $73,000
2016 $1,708 $78,200 $5,200 $73,000
2014 $1,685 $77,100 $5,200 $71,900
2013 -- $70,700 $5,200 $65,500
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2026 07/08/26 For Sale $235,000 +11.9% $82 / Sq Ft
09/15/2023 09/15/23 Sold $210,000 -16.0% $73 / Sq Ft View Prior Sale
08/03/2023 08/03/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $250,000 -- $87 / Sq Ft
Source: Indiana Regional MLS

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 $210,000 None Listed On Document
Warranty Deed -- Columbia Title Inc
Source: Public Records

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 $140,000 Credit Line Revolving
Previous Owner $116,250 New Conventional
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202627087

Indiana Regional MLS

APN: 82-06-30-020-089.009-029

Your Personal Tour Guide

Ask me questions while you tour the home.