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    803 SE Riverside Dr Evansville, IN 47713

    For Sale
    $275,000

    Fourplex - Evansville, IN

    Property size:
    4,590 SF
    Lot size:
    0.20 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 803 SE Riverside Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    6
    Bathrooms
    4
    APN
    82-06-31-020-093.008-029
    Exterior features
    Off Street Parking, Near Walking Trail, None
    Appliances
    Range
    Size
    4,590 SF
    Lot size
    0.20 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    4
    Flooring type
    Tile, Wood
    Architectural style
    Other

    F.C. Tucker Emge REALTORS (812) 402-0200 [email protected]

    Listing agent Jonathan Weaver (812) 426-9020 License #RB14029128

    Listing date Nov 19, 2025

    MLS# 202536128 Listing URL

    Copyright © 2025 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.

    Overview

    Evansville Fourplex Near Downtown

    This fourplex is located in Evansville, Indiana, and offers income potential. The property is situated near downtown, the Greenway, Haynies Corner, and the IU Medical School. Three of the four units are currently occupied. The property contains 4,590 square feet and is located on a lot of 0.2 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.570024
    Latitude
    37.962283

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    FAQs

    What type of property is this?
    Quadplex - Fourplex in Evansville with income potential near downtown.
    Where is this quadplex located?
    The property is located at 803 SE Riverside Dr Evansville, IN.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - High income potential with 3 of 4 units currently occupied.; - Prime location near downtown, Greenway, and Haynies Corner.; - Proximity to IU Medical School.
    (812) 426-9020
    Request Owner's contact information
    803 SE Riverside Dr Evansville, IN 47713
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    Evansville, IN 47713
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    803 SE Riverside Dr Evansville, IN 47713
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