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24-Unit Apartment Complex
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2501 Pollack Ave, Evansville, IN 47714

Apartment complex with 3 two-story buildings and separately metered electric service, plus coin laundry income.

Property Size16,965 SF
Days on Market121

Property Features for 2501 Pollack Ave

General Information

Standard status Active
Size 16,965 SF
Property subtype Multifamily

Additional Details

Multifamily Units 24

Building Details

Stories 2
Listing Agency: Keller Williams Capital Realty
Listed By: Charlie Butler · License #IN RB14034751
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 12:29AM

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 24-unit apartment complex features three two-story buildings. The property includes 23 two-bedroom units and 1 one-bedroom unit, with each unit’s electric service metered separately and gas not metered individually. Additional on-site income is provided by coin laundry.

The asset is offered for sale and is located on the east side of Evansville, Indiana.

The unit mix is primarily two-bedroom layouts, supporting a consistent residential configuration across the three buildings.

Key Highlights

  • 24‑unit apartment complex on the east side, made up of 3 two‑story buildings
  • Unit mix includes 23 two‑bedroom units (approx. 711 SF each) and 1 one‑bedroom unit (approx. 612 SF)
  • Electric service is metered separately by unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Hair Salon Gym & Fitness Center

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

24
Residential units

Location Intelligence

Trade Area within ½ mile

231
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?
Apartment building - Apartment complex with 3 two-story buildings and separately metered electric service, plus coin laundry income.
Where is this apartment building located?
The property is located at 2501 Pollack Ave Evansville, IN.
What are key features of this property?
This property features: 24‑unit apartment complex on the east side, made up of 3 two‑story buildings; Unit mix includes 23 two‑bedroom units (approx. 711 SF each) and 1 one‑bedroom unit (approx. 612 SF); Electric service is metered separately by unit
(812) 449-0050 Call to check price and availability
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