For Sale
$390,000
1609 Rheinhardt AveEvansville, IN 47714
Six-unit income property, high ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- Six-unit single-family rental portfolio in Evansville, IN.
- Located in Vanderburgh County, across multiple zip codes (47710, 47711, 47714).
- Asking price: $390,000 ($65,000 per unit).
- Current annual NOI: $48,060, 12.32% cap rate.
- Monthly rental income: $4,005 (individual rents: $600-$715).
- Sold as a package; showings by appointment following LOI and property walkthrough.
Property Details for 1609 Rheinhardt Ave
- Property type
- Residential income homes
- Units
- 6
Location Insight
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Latitude
- 37.9410675
- Longitude
- -87.5356476
1609 Rheinhardt Ave, Evansville, Indiana
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