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1116 SE First Street

Evansville, IN 47713
  • $219,900
  • STATUS: Active
  • ON SITE: 195 Days
  • MLS #: 202425102
UPDATED: 58 min ago
$219,900
  • 3
    BEDS
  • 0.2
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,940
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1889
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Lucas Neuffer of Pinnacle Realty Group: Cell: 812-306-4709.

Description

Beautiful 4 unit building located just a few blocks from Haynie's Corner. This home is fully occupied and brings in $2,725.00 per month. A brand new roof was installed in summer, 2023. 3-1 bedrooms and 1- efficiency apartment. Owner pays utilities but electric meters are currently separated. Two of the units have been completely renovated and updated and there is an additional 3rd floor space which could be an additional unit if an investor desired. This property offers a wonderful stabilized investment.

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-01-20T19:29:11.513.

www.housesinfortwayne.com/homes/152407288
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1116 SE First Street Evansville, IN 47713

  • Price: $219,900
  • Status: Active
  • On Site: 195 Days
  • Updated: 58 min ago
  • MLS #: 202425102
3
Beds
4
Baths
0
½ Baths
0.2
Acres
2,940
SQFT
$75
$/SQFT
1889
Built
Neighborhood:
None
County:
Vanderburgh
Area:
Vanderburgh
Elementary School:
West Terrace
Middle School:
Perry Heights
High School:
Francis Joseph Reitz
School District:
Evansville-Vanderburgh School Co
Property Description
Beautiful 4 unit building located just a few blocks from Haynie's Corner. This home is fully occupied and brings in $2,725.00 per month. A brand new roof was installed in summer, 2023. 3-1 bedrooms and 1- efficiency apartment. Owner pays utilities but electric meters are currently separated. Two of the units have been completely renovated and updated and there is an additional 3rd floor space which could be an additional unit if an investor desired. This property offers a wonderful stabilized investment.
Exterior Features

Exterior Asbestos Lot Description Level Lot Dimensions 43x156 Outbuilding None Parking Spaces 2 Pool YN No Style Three Story Waterfront YN No

Interior Features

Above Grade Bedrooms 3 Above Grade Finished Sqft 2940 Above Grade Unfin Sq Ft 0 Amenities Countertops-LaminatePorch Open Basement Foundation Partial Basement Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central AirHeat Pump Dishwashers 0 Disposals 0 Dryers 0 Flooring WoodVinyl Heating Fuel GasForced AirHeat Pump Microwaves 0 Ranges Ovens 4 Refrigerators 4 Rooms Below Grade 0 Total Baths 4 Total Below Grade Sqft 0 Total Sq Ft 2940 Unit1 Basement YN No Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit2 Bathrooms 1 Unit2 Bedrooms 0 Unit2 Sq Ft 500 Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 500 Unit4 Bedrooms 1 Wash Dry Hookups 1 Washers 0

Property Features

Annual Electric Expense 5000 Annual Fuel Expense 1000 Annual Gross Rent 32700 Annual Insurance Expense 1900 Annual Maint Expense 3700 Annual Misc 0 Annual Net Income 11418.84 Annual Property Tax 1481.16 Annual Trash Expense 1000 Annual Water Sewer Exp 7200 Assoc Dues Frequency Not Applicable Auction Y / N No Buildings 1 Efficiencies 1 Electric Meters 4 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 2725 Gross Monthly Rent 2725 Lease Term Month to Month New Construction No One Bedrooms 3 Owner Pays HeatingWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Fourplex Reo YN No Sale Includes Building Sewer Public Tenant Pays Electric Three Bedrooms 0 Township Pigeon Two Bedrooms 0 Unit1 Unit Rent 850 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 500 Unit2- Currently Rntd Y / N Yes Unit3 Unit Rent 600 Unit3- Currently Rntd Y / N Yes Unit4 Unit Rent 775 Unit4- Currently Rntd Y / N Yes Units Rented 4 Water Meters 1 Water Utility Public Year Taxes Payable 2024

Listing provided by Lucas Neuffer of Pinnacle Realty Group: Cell: 812-306-4709.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-01-20T19:29:11.513.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Lucas Neuffer of Pinnacle Realty Group: Cell: 812-306-4709.