1031 & 1033 MacArthur Circle, Evansville, IN 47714
- Added:
- Dec 1, 2025
- Days on Market:
- 215
- Last Refresh:
- Jul 4 at 12:06 pm
Property Features for 1031 & 1033 MacArthur Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 4, Bedroom 1, Basement, Bedroom 2, Bathroom 2, Bathroom 1
- Parking
- 2
- Parking features
- Off Street
- Basement
- Block
- Standard status
- Pending
- APN
- 82-06-34-011-200.702-027
- Size
- 1,116 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Eastwood sub sec b l 19 bl b
- Tax Annual Amount
- 2000
Building Details
- Year built
- 1942
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Architectural style
- Other
Listing agent Pam Rickenbaugh License #RB14041104 (812) 453-5423
Listing office F.C. TUCKER EMGE 7820 Eagle Crest Blvd, St 200, Evansville, IN (812) 479-0801
Listing date Dec 1, 2025
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
- Two‑bedroom, 1‑bath units (two units total) on Evansville’s Eastside
- One unit is currently rented on a month‑to‑month lease
- Sold as‑is
- Year built: 1942
- Off‑street parking
- Flooring includes carpet and vinyl
Overview
The home is located at 1031 & 1033 MacArthur Circle in Evansville, Indiana 47714, within Vanderburgh County. For scheduling, prospective buyers should plan to provide 24-hour notice for showings and allow 24-hour response time for offers.
For investors or owner-occupants seeking an income-producing duplex setup, the existing month-to-month tenant provides an established rental presence. The two-unit configuration and similar unit layouts may support straightforward management of day-to-day residential operations. Because the property is sold as-is, buyers should conduct their own due diligence regarding condition and any required repairs before proceeding.
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 | $15.4k | $13.80 |
| − Vacancy | −$849 | −$0.76 |
| EGI | $14.6k | $13.04 |
| − OpEx | −$4.4k | −$3.91 |
| NOI | $10.2k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.518929
- Latitude
- 37.961893
