218 North 4th Avenue

Evansville, IN 47710

$229,900
Price
1
Beds
6
Baths
2,414 Sq. Ft.
$95 / Sq. Ft.
2,414
Sq. Ft.
$95
per Sq. Ft.

Description

Great investment opportunity. This property is a well maintained 6 plex apartment building with 5 efficiency and 1 single bedroom units that is fully occupied with many long-term tenants with active leases. Some tenants have occupied the building for over 7 + years. Owner pays all utilities. The property is located at the gateway to the Franklin Street district just across from EFD hose house and Willard Library.Great investment opportunity. This property is a well maintained 6 plex apartment building with 5 efficiency and 1 single bedroom units that is fully occupied with many long-term tenants with active leases. Some tenants have occupied the building for over 7 + years. Owner pays all utilities. The property is located at the gateway to the Franklin Street district just across from EFD hose house and Willard Library.
  1. Listed by Angela Bullock • Evansville Lifestyle Realty LLC

Property Details for 218 North 4th Avenue

Style
Two Story
Architectural Style
Traditional
Subdivision
Lamasco
Waterfront
No
Water Features
None
Pet Restrictions
Yes

Location

Listing Courtesy of Evansville Lifestyle Realty LLC
Add your commute
LISTING UPDATED: 03/13/2024 03:59 PM

Property Details for 218 North 4th Avenue

StatusActive
MLS #202408184
Days on Market65
Taxes$1,348 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment Building
Year Built1869
CountyVanderburgh County

Location

Listing Courtesy of Evansville Lifestyle Realty LLC
Add your commute

Building Information for 218 North 4th Avenue

Building/Complex218 N 4th AveFloor-Stories2Residences6Pet Policy-Year Built1869Building Size-

Payment Calculator

$1,367 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,255

Property Taxes

$112

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 218 North 4th Avenue

Summary
Location and General Information
  • Area: Vanderburgh County
  • City: Evansville
  • Zip Code: 47710
  • City Zoning: Other
  • State: IN
  • Township: Pigeon
  • Geo Latitude: 38
  • Geo Longitude: -88
  • Road Access: City
  • Inside City Limits: Yes
  • Zoning Description: Pending Rezoning currently
  • Fips Code: 18163
  • Directions To Property: Franklin St West to N Fourth Ave. Property on the S/W corner across from EFD fire station and Willard Library.
  • Sea Wall Type: None
  • Location: City/Town/Suburb, Near Walking Trail
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 82-06-19-029-061.001-029
School Information
  • School District: Evansville-Vanderburgh School Corp.
  • Elementary: Cedar Hall
  • Middle School: North
  • High School: North
Parking
  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Site, Street, Unpaved
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Apartment Building
  • Approx Lot Size Acres: 0.07
  • Lot Dimensions: 50 X 63
  • Below Grade Unfin Sqft: 400.0
  • Total Square Feet: 2814.0
  • Upper Level Sqft: 1154.0
  • Approx Lot Size Sqft: 3150.0
  • Above Grade Finished Sqft: 2414.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 400.0
  • Total Finished Sqft: 2414.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Corner, Level
  • Main Level Sqft: 1454.0
Property and Assessments
  • New Construction: No
  • Year Built: 1869
  • Age: 155
  • Documents Available: Income/Expenses, LBP Form
  • Planned Unit Development: No
Green Features
  • Energy Efficient: Appliances, Electrical/Lighting, Roofing
  • Exemptions: No Exemptions
Utilities
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Evansville Water & Sewer
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Off Street Parking, Near Walking Trail, Cable Available, Countertops-Laminate, Eat-In Kitchen, Water Heater Gas
  • Common Amenities: None, Sidewalks
  • Driveway: Gravel
  • Exterior: Vinyl
  • Fence: Partial, Privacy, Woven Wire
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Road Surface: Asphalt
  • Roof Material: Asphalt, Shingle
Interior Features
  • Number of Electric Meters: 1
  • Number of Gas Meters: 3
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 6
  • Number of Refrigerators: 6
  • Number of W/D Hookups: 0
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement Material: Brick
  • Basement: Yes
  • Basement/Foundation: Crawl, Partial Basement, Unfinished
  • Cooling: Window
  • Flooring: Laminate, Vinyl
  • Heating/Fuel: Gas, Wall Heater, Multiple Heating Systems
  • HVAC: Energy Star A/C
  • Stories: 2
  • Number of Above Grade Bedrooms: 1
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 1
  • Total Number of Full Baths: 6
  • Total Number of Half Baths: 0
  • Total Baths: 6
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Number of People Allowed: 6
  • Num of Efficiencies: 5
  • Num of Units Rented: 6
  • Number of Units: 6
  • RI/MF Occup Permit: Yes
Income & Expenses Information
  • Annual Electric Expense: $3,076.00
  • Annual Fuel Expense: $1,492.00
  • Annual Gross Rent $: $30,000
  • Annual Insurance Expense: $551
  • Annual Maint. Expense: $1,000
  • Annual Misc: $5,000
  • Annual Net Income: $15,156
  • Annual Property Tax: $1,348
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $2,377
  • Gross Monthly Income: $2,500
  • Gross Monthly Rent: $2,500
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 0
  • Unit 1-Num of Rooms: 3
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Owner
  • Unit 1-Garage: No
  • Unit 1-Gas: Owner
  • Unit 1-Laundry Room: None
  • Unit 1-Level: Lower
  • Unit 1-Rent Frequency: Monthly
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $300
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 0
  • Unit 2-Num of Rooms: 3
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Owner
  • Unit 2-Garage: No
  • Unit 2-Gas: Owner
  • Unit 2-Laundry Room: None
  • Unit 2-Level: Lower
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: B
  • Unit 2-Unit Rent $: $300
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Electric: Owner
  • Unit 3-Garage: No
  • Unit 3-Gas: Owner
  • Unit 3-Laundry Room: None
  • Unit 3-Level: Lower
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: C
  • Unit 3-Unit Rent $: $500
Unit 4
  • Unit 4-Num of Bedrooms: 0
  • Unit 4-Num of Rooms: 3
  • Unit 4-Basement: No
  • Unit 4-Currently Rented: Yes
  • Unit 4-Electric: Owner
  • Unit 4-Garage: No
  • Unit 4-Gas: Owner
  • Unit 4-Laundry Room: None
  • Unit 4-Level: Upper
  • Unit 4-Rent Frequency: Monthly
  • Unit 4-Unit Number: D
  • Unit 4-Unit Rent $: $500
Unit 5
  • Unit 5-Num of Bedrooms: 0
  • Unit 5-Num of Rooms: 3
  • Unit 5-Basement: No
  • Unit 5-Currently Rented: Yes
  • Unit 5-Electric: Owner
  • Unit 5-Garage: No
  • Unit 5-Gas: Owner
  • Unit 5-Laundry Room: None
  • Unit 5-Level: Upper
  • Unit 5-Unit Number: E
  • Unit 5-Unit Rent $: $400
Unit 6
  • Unit 6-Num of Bathrooms: 1
  • Unit 6-Num of Bedrooms: 0
  • Unit 6-Num of Rooms: 3
  • Unit 6-Basement: No
  • Unit 6-Currently Rented: Yes
  • Unit 6-Electric: Owner
  • Unit 6-Garage: No
  • Unit 6-Gas: Owner
  • Unit 6-Laundry Room: None
  • Unit 6-Level: Lower
  • Unit 6-Rent Frequency: Monthly
  • Unit 6-Unit Number: F
  • Unit 6-Unit Rent $: $500
Rental
Rental Information
  • Enrgy Efficient Win/Doors: Storm Doors
  • Lease Term: 1 Year
  • Owner Pays: Electric, Fuel, Sewer, Trash Collection, Water
  • Tenant Pays: Cable, Deposit Value

Property History for 218 North 4th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 218 North 4th Avenue

This home is within Evansville Vanderburgh Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 8
Public - 1 to 12
Public - 1 to 12
Rating
School
Distance
Central High School
PublicPK to 12

Lincoln School
PublicK to 8

Harwood Career Prep High School
Public1 to 12

Academy For Innovative Studies
Public1 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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218 North 4th Avenue is a multi-family home for sale in Evansville, IN 47710. This property was listed for sale on March 12, 2024 by Evansville Lifestyle Realty LLC, it's currently listed at $229,900. This listing's school district is Evansville Vanderburgh Sch Corp. Nearby schools include Central High School, Lincoln School and Harwood Career Prep High School. 218 North 4th Avenue is a 1-bed, 6-bath, 2,414 sqft multi-family home built in 1869.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Evansville Lifestyle 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.