411 3Rd StEvansville, IN 47713

Property Details for 411 3Rd St

Year built

1849

Lot size

0.05 AC

Property size (Sq ft)

2,522 SF

Property type

Investment properties

Property subtype

Multifamily properties

Description

This Evansville, Indiana multifamily property presents a compelling investment opportunity. The property, located at 411 SE 3rd St, is a two-story, all-brick duplex totaling 2,522 square feet on a 0.05-acre lot. Built in 1849, the property features two units. The downstairs unit boasts three bedrooms, one bath, and an enclosed back patio, currently rented for $950 per month. The upstairs unit, with two bedrooms and two baths, also includes an enclosed patio and a private balcony; it is currently vacant but commands a monthly rent of $950. Tenants are responsible for gas and electric, while the owner covers water, sewer, and trash, averaging $125 monthly when both units are occupied. The property's advantageous location near Haynie's Corner and Main Street adds to its appeal. The property's APN is 820630020050012029. This is a turnkey investment opportunity with strong rental potential. The asking price is $215,000.

Location Insight

City

Evansville

County

Vanderburgh

State

Indiana

Latitude

37.9672

Longitude

-87.5694

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