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4-Unit Quadplex with Townhomes
For Sale
$356,561

1401 Harrelton Drive, Evansville, IN 47714

Two-story residences include washer and dryer hookups, individual utilities, and drive-up parking.

Property SizeContact for details
Days on Market42

Property Features for 1401 Harrelton Drive

General Information

Standard status Active

Units

Unit Mix 4 x 2BR/1.5BA
Multifamily Units 4

Additional Details

Highway Access Yes

Amenities

washer/dryer hookups
drive up parking

Building Details

Stories 2
Listing Agency: MARKET REALTY, LLC
Listed By: Michelle Peterlin · License #RB14044431
Source: Midwestrealestategroup
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 29 at 11:22PM

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 MARKET REALTY, LLC

Investment Insights

Based on property information with market context.

This four-unit townhouse property offers a consistent configuration across the complex, with each residence featuring two bedrooms, 1.5 bathrooms, and two stories. Washer and dryer hookups are provided, while separate utilities support individual unit service. Drive-up parking is also available on site.

The property is positioned on Evansville’s eastside, approximately 3 minutes from I69 and Lloyd Expressway. Its four residences share the same two-bedroom, 1.5-bath layout, creating a straightforward multifamily configuration.

Key Highlights

  • 4‑unit townhouse complex
  • Each unit has 2 bedrooms and 1.5 bathrooms
  • All units are two story

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Building Supply Electrical Service Big Box & Wholesale Store Auto Parts Store

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

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,356
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?
Quadplex - Two-story residences include washer and dryer hookups, individual utilities, and drive-up parking.
Where is this quadplex located?
The property is located at 1401 Harrelton Drive Evansville, IN.
What is the asking price?
The asking price for this property is $356,561.
What are key features of this property?
This property features: 4‑unit townhouse complex; Each unit has 2 bedrooms and 1.5 bathrooms; All units are two story
More about this property
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