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Fully Rented Duplex

1021 1023 Park Street, Evansville, IN 47710

For Sale
New
$92,500

A recently renewed one-year lease provides current rental income, with tenants covering utilities and trash.

Property Size1,800 SF
Price / SF$51.39
Days on Market7

Property Features for 1021 1023 Park Street

General Information

Standard status Active
Size 1,800 SF
Total Parking Spaces 4
Property subtype Multi Family Home
Occupancy 100%
Lease Term 1 Year

Site & Location

Neighborhood Chain

Additional Details

Multifamily Units 2
Tenant in Place Yes

Building Details

Building Size 1,800 SF
Year Built 1904
Stories 2
Units 2
Listing Agency: F.C. TUCKER EMGE
Listed By: Jessie Gross · License #RB14046381
Source: Bigrealtyservices
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 8 at 5:17PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of F.C. TUCKER EMGE

Rey
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Investment Insights

Based on property information with market context.

This duplex was built in 1904 and is currently fully occupied. Its lease was recently signed or renewed for a one-year term, and the property is being sold as-is.

The building occupies a corner lot. Tenants are responsible for utility and trash costs.

Key Highlights

  • Currently fully rented
  • Situated on a corner lot
  • Tenants pay utilities and trash

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

599
Businesses Nearby

Demographics for 47710, IN

18,470
Population
9,119
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$45,324
Median Household Income
$33,718
Median Earnings
$857
Median Rent
$131,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Evansville, IN

$78.65 Jul
$68.55 Aug
$72.97 Sep
$80.16 Oct

Properties on Market for Duplexes in Evansville

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A recently renewed one-year lease provides current rental income, with tenants covering utilities and trash.
Where is this duplex located?
The property is located at 1021 1023 Park Street Evansville, IN.
What is the asking price?
The asking price for this property is $92,500.
What are key features of this property?
This property features: Currently fully rented; Situated on a corner lot; Tenants pay utilities and trash
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