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7-Unit Multifamily Portfolio
For Sale
Contact for pricing
Pending

1157 Sweetser Ave, Evansville, IN 47714

Six units are currently rented, and tenants pay their own utility costs.

Property SizeContact for details
Days on Market143

Property Features for 1157 Sweetser Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 7
Listing Agency: Keller Williams Capital Realty
Listed By: Charlie Butler · License #IN RB14034751
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 6:19PM

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 Keller Williams Capital Realty

Investment Insights

Based on property information with market context.

This multifamily package includes seven residential income units, with six currently rented. Tenants are responsible for their own utilities, providing a clearly defined operating arrangement across the portfolio.

The properties are located at 1157 Sweetser Avenue, 1521 Ravenswood Drive, 1812 Hercules Avenue, 720 E Oregon Street, 618 E Missouri Street, 918 N Sonntag, and 3507 Kathleen Avenue in Evansville, Indiana.

Key Highlights

  • Seven‑unit multifamily property package
  • Six of seven units currently rented
  • Tenants pay their own utilities

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Dental Office HVAC Service Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby

Demographics for 47714, IN

32,827
Population
16,040
Households
2
Avg Household Size
36
Median Age
22%
College-Educated
87%
High-School Grad
8.0 sq mi
ZIP Area
4,103
Density / Sq Mi
$54,614
Median Household Income
$33,246
Median Earnings
$951
Median Rent
$124,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Six units are currently rented, and tenants pay their own utility costs.
Where is this multifamily property located?
The property is located at 1157 Sweetser Ave Evansville, IN.
What are key features of this property?
This property features: Seven‑unit multifamily property package; Six of seven units currently rented; Tenants pay their own utilities
(812) 449-0050 Call to check price and availability
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