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14 W Eichel Avenue

Evansville, IN 47711
  • $589,000
  • STATUS: Active
  • ON SITE: 37 Days
  • MLS #: 202447053
UPDATED: 64 min ago
$589,000
  • 10
    BEDS
  • 0.42
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
  • 8,532
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1899
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Listing provided by Kent Brenneman of eXp Realty, LLC: Cell: 812-480-4663.

Description

CALLING ALL INVESTORS!! Excellent income generator! This 10 Unit building features a brand new roof and lots of other updates; including stainless appliances and granite counter tops. All are one bedroom units. 6 units have been recently remodeled. Fully applianced. Most have their own washer and dryer. All have an unfinished basement space. The main level features a Kitchen/Family Room and separate laundry. Upstairs is a Bedroom/Bathroom. Plenty of parking and an extra lot comes with it! HVAC recently replaced. Owner pays water, sewer and trash.

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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: 2025-01-20T17:28:22.543.

www.housesinfortwayne.com/homes/158733781
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14 W Eichel Avenue Evansville, IN 47711

  • Price: $589,000
  • Status: Active
  • On Site: 37 Days
  • Updated: 64 min ago
  • MLS #: 202447053
10
Beds
8
Baths
0
½ Baths
0.42
Acres
8,532
SQFT
$69
$/SQFT
1899
Built
Neighborhood:
None
County:
Vanderburgh
Area:
Vanderburgh
Elementary School:
Delaware
Middle School:
North
High School:
North
School District:
Evansville-Vanderburgh School Co
Property Description
CALLING ALL INVESTORS!! Excellent income generator! This 10 Unit building features a brand new roof and lots of other updates; including stainless appliances and granite counter tops. All are one bedroom units. 6 units have been recently remodeled. Fully applianced. Most have their own washer and dryer. All have an unfinished basement space. The main level features a Kitchen/Family Room and separate laundry. Upstairs is a Bedroom/Bathroom. Plenty of parking and an extra lot comes with it! HVAC recently replaced. Owner pays water, sewer and trash.
Exterior Features

Exterior Vinyl Lot Description Level Lot Dimensions 80 x 140 Outbuilding None Parking Gravel Parking Spaces 20 Pool YN No Style Two Story Unit1 Garage Type None Unit2 Garage Type None Unit3 Garage Type None Unit6 Garage Type None Waterfront YN No

Interior Features

Above Grade Bedrooms 10 Above Grade Finished Sqft 8532 Above Grade Unfin Sq Ft 0 Amenities BasementCountertops-StoneEat-In KitchenWasher Hook-Up Basement Foundation Unfinished Basement YN Yes Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central Air Dishwashers 0 Disposals 0 Dryers 6 Flooring CarpetVinyl TileVinyl Heating Fuel Heat Pump Microwaves 8 Ranges Ovens 8 Refrigerators 8 Rooms Below Grade 0 Total Baths 8 Total Below Grade Sqft 0 Total Sq Ft 8532 Unit1 Basement YN Yes Unit1 Bathrooms 1 Unit1 Bedrooms 1 Unit1 Sq Ft 450 Unit2 Basement YN Yes Unit2 Bathrooms 1 Unit2 Bedrooms 1 Unit2 Sq Ft 450 Unit3 Basement YN Yes Unit3 Bathrooms 1 Unit3 Bedrooms 1 Unit3 Sq Ft 450 Unit4 Basement YN Yes Unit4 Bedrooms 1 Unit4 Sq Ft 450 Unit5 Basement YN Yes Unit5 Bedrooms 1 Unit5 Sq Ft 450 Unit6 Basement YN Yes Unit6 Bathrooms 1 Unit6 Bedrooms 1 Unit6 Sq Ft 450 Wash Dry Hookups 10 Washers 6

Property Features

Annual Electric Expense 403 Annual Fuel Expense 0 Annual Gross Rent 81000 Annual Insurance Expense 0 Annual Maint Expense 10720 Annual Misc 4380 Annual Net Income 59739 Annual Property Tax 2008 Annual Trash Expense 1650 Annual Water Sewer Exp 2100 Assoc Dues Frequency Not Applicable Assoc Restrictions YN No Auction Y / N No Efficiencies 0 For Sale Or Rent For Sale Four Bedrooms 0 Gross Monthly Income 6750 Gross Monthly Rent 6750 Lease Term 1 Year New Construction No One Bedrooms 10 Owner Pays MaintenanceTaxTrash CollectionWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Apartment Complex Reo YN No Sale Includes BuildingLand Sewer Public Tenant Pays ElectricSewer Three Bedrooms 0 Township Pigeon Two Bedrooms 0 Unit1 Unit Rent 625 Unit1- Currently Rntd Y / N Yes Unit1- Garage Y / N No Unit2 Unit Rent 675 Unit2- Currently Rntd Y / N Yes Unit2- Garage Y / N No Unit3 Unit Rent 645 Unit3- Currently Rntd Y / N Yes Unit3- Garage Y / N No Unit4- Currently Rntd Y / N No Unit4- Garage Y / N No Unit5- Currently Rntd Y / N No Unit5- Garage Y / N No Unit6 Unit Rent 625 Unit6- Currently Rntd Y / N Yes Unit6- Garage Y / N No Units Rented 6 Water Utility Public Year Taxes Payable 2024

Listing provided by Kent Brenneman of eXp Realty, LLC: Cell: 812-480-4663.

© 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: 2025-01-20T17:28:22.543.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Kent Brenneman of eXp Realty, LLC: Cell: 812-480-4663.