4100 Claremont Avenue, Evansville, IN 47712
MULTI_FAMILY - Ranch - Evansville, IN
- Added:
- May 20, 2026
- Days on Market:
- 47
- Last Refresh:
- Jul 5 at 2:06 pm
Property Features for 4100 Claremont Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Basement, Bedroom 4, Bedroom 5
- Parking
- 4
- Parking features
- Off Street
- Basement
- Block
- Standard status
- Active
- APN
- 82-05-27-018-159.053-025
- Size
- 2,011 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- EVILLE INDL ADD LOTS 17 18 BL 70
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Carpet, Tile
- Roof type
- Asphalt, Metal, Shingle
- Architectural style
- Ranch
Listing agent Jerrod Eagleson License #RB14009502 (812) 305-2732
Listing office KELLER WILLIAMS CAPITAL REALTY 4424 Vogel Rd Suite 300, IN (812) 422-4096
Listing date May 20, 2026
Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex built in 1940 with ranch architectural style
- Currently generates $2,400/month rental income with both units occupied
- Tenants pay all utilities except water (per public remarks)
- Recent updates include HVAC systems, flooring, paint, lighting, countertops, and appliances
- Unit 1 includes a newer metal roof and a large open deck
- Each unit has private entrances, separate living spaces, and off‑street parking
Overview
Both units are currently occupied and generate $2,400 per month in rental income. Tenants pay all utilities except water, which helps simplify ongoing operating expenses. Recent improvements include updated HVAC systems, along with new or refreshed flooring, paint, lighting, countertops, appliances, and numerous additional repairs and upgrades. Unit 1 also includes a newer metal roof.
This property is suited for buyers looking for an income-producing rental with two distinct entrances and dedicated spaces for tenants. The combination of unit separation, off-street parking, and the documented update list can be appealing for operators who want a duplex that is already maintained and ready to manage.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $13.80 |
| − Vacancy | −$1.5k | −$0.76 |
| EGI | $26.2k | $13.04 |
| − OpEx | −$7.9k | −$3.91 |
| NOI | $18.4k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.626066
- Latitude
- 37.971417
