708 SE 3rd St

Evansville, IN 47713

$235,000
Price
4
Beds
2,860 Sq. Ft.
$82 / Sq. Ft.
2,860
Sq. Ft.
$82
per Sq. Ft.
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New
New

Description

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...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.
  1. Listed by Evan Birch • eXp Realty, LLC • Cell: 812-215-1057

Property Details for 708 Southeast 3rd Street

Style
Two Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 07/08/2026 07:02 PM

Property Details for 708 Southeast 3rd Street

StatusActive
MLS #202627087
Days on Market1
Taxes$2,941 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1894
Lot Size0.06 AC / 2,614 SF
CountyVanderburgh County
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Location

Listing Courtesy of eXp Realty, LLC
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Building Information for 708 Southeast 3rd Street

Stories2Residences4Year Built1894Building Size-Lot Size0.06 AC / 2,614 SF

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$1,416 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,171

Property Taxes

$245

HOA Dues

$0

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Property Information for 708 Southeast 3rd Street

Summary
Location and General Information
  • Area: Vanderburgh County
  • City: Evansville
  • Zip Code: 47713
  • City Zoning: R-4 Multiple Residential
  • State: IN
  • Township: Pigeon
  • Geo Latitude: 38
  • Geo Longitude: -88
  • Road Access: City
  • Inside City Limits: Yes
  • Fips Code: 18163
  • Directions To Property: OUTLOT 4 IN UPPER ENL PT LTS 6 & 7
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2026
  • Parcel Number Id: 82-06-30-020-089.009-029
School Information
  • School District: Evansville-Vanderburgh School Corp.
  • Elementary: West Terrace
  • Middle School: Perry Heights
  • High School: Francis Joseph Reitz
Parking
  • Number Of Parking Spaces: 0
  • Parking: Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.06
  • Lot Dimensions: 38 x 65
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2860.0
  • Upper Level Sqft: 1430.0
  • Approx Lot Size Sqft: 2614.0
  • Above Grade Finished Sqft: 2860.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2860.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
  • Main Level Sqft: 1430.0
Property and Assessments
  • New Construction: No
  • Year Built: 1894
  • Age: 132
  • Planned Unit Development: No
Utilities
  • Electric Company: CenterPoint Energy
  • Sewer: Public
  • Water Company: Evansville Water & Sewer
  • Water Utility: Public
Interior and Exterior Features
Exterior Features
  • Amenities: Balcony, Porch Covered
  • Exterior: Vinyl
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Electric Meters: 4
  • Number of Gas Meters: 4
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 4
  • Basement Material: Brick
  • Basement: No
  • Basement/Foundation: Crawl
  • Cooling: Central Air
  • Flooring: Vinyl, Vinyl Tile
  • Heating/Fuel: Gas
  • Stories: 2
  • Number of Above Grade Bedrooms: 4
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 4
  • Total Number of Full Baths: 1
  • Total Number of Half Baths: 0
  • Total Baths: 1
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 4
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 1
  • Number of Buildings: 1
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $41,940
  • Annual Insurance Expense: $3,300
  • Annual Maint. Expense: $3,400
  • Annual Misc: $300
  • Annual Net Income: $31,199
  • Annual Property Tax: $2,941
  • Annual Trash Expense: $800
  • Annual Water/Sewer Exp: $0
  • Gross Monthly Income: $3,495
  • Gross Monthly Rent: $3,495
Unit Information
Unit 1
  • Unit 1 SqFt: 715
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 3
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: No
  • Unit 1-Garage Type: None
  • Unit 1-Garage: No
  • Unit 1-Laundry Room: None
  • Unit 1-Level: Main
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $950
Unit 2
  • Unit 2 SqFt: 715
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 1
  • Unit 2-Num of Rooms: 3
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Tenant
  • Unit 2-Garage Type: None
  • Unit 2-Garage: No
  • Unit 2-Gas: Tenant
  • Unit 2-Laundry Room: None
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: B
  • Unit 2-Unit Rent $: $495
Unit 3
  • Unit 3 SqFt: 715
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 3
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: No
  • Unit 3-Garage: No
  • Unit 3-Laundry Room: None
  • Unit 3-Level: Upper
  • Unit 3-Unit Number: C
  • Unit 3-Unit Rent $: $950
Unit 4
  • Unit 4 SqFt: 715
  • Unit 4-Num of Bedrooms: 1
  • Unit 4-Num of Rooms: 3
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: No
  • Unit 4-Garage: No
  • Unit 4-Laundry Room: None
  • Unit 4-Level: Upper
  • Unit 4-Unit Number: D
  • Unit 4-Unit Rent $: $1,100
Rental
Rental Information
  • Lease Term: Month to Month
  • Owner Pays: Building Insurance, Lawn Maintenance, Maintenance
  • Tenant Pays: Electric, Sewer, Water

Property History for 708 Southeast 3rd Street

DateEvent & SourcePriceAppreciation
Jul 7, 2026

Listed (Active)

Indiana Regional MLS #202627087

$235,000—
Aug 26, 2025

Expired

Indiana Regional MLS #202505033

—
Feb 16, 2025

Price Change

Indiana Regional MLS #202505033

$285,000—
DateEvent & SourcePrice
07/07/2026

Listed (Active)

Indiana Regional MLS #202627087

$235,000
08/26/2025

Expired

Indiana Regional MLS #202505033

—
02/16/2025

Price Change

Indiana Regional MLS #202505033

$285,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 708 Southeast 3rd Street

Taxable ValueLand$6,800Additions$126,300Total$133,100
Tax Record2025$4,471 ($373 / month)
Home Facts
Baths4Total Finished SqFt2,860 SqFtAbove Grade Finished SqFt2,860 SqFtStories2Lot Size2,470 SqFtStyleTriplexYear Built1894CountyVANDERBURGHAPN82-06-30-020-089.009-029

Schools near 708 Southeast 3rd Street

This home is within Evansville Vanderburgh Sch Corp.
Rating
School
Type
Grades
Distance
West Terrace Elementary School
Public - K to 5
Perry Heights Middle School
Public - 6 to 8
Francis Joseph Reitz High School
Public - 9 to 12
EVSC Virtual Academy
Public - K to 12
Rating
School
Distance
West Terrace Elementary School
PublicK to 5

Perry Heights Middle School
Public6 to 8

Francis Joseph Reitz High School
Public9 to 12

EVSC Virtual Academy
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 708 Southeast 3rd Street, Evansville, IN 47713

708 Southeast 3rd Street is a multi-family home for sale in Evansville, IN 47713. This listing's school district is Evansville Vanderburgh Sch Corp. Nearby schools include West Terrace Elementary School, Perry Heights Middle School and Francis Joseph Reitz High School. 708 Southeast 3rd Street is a 4-bed, 1-bath, 2,860 sqft multi-family home built in 1894.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.