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Two-Story Quadplex

1419 Cumberland Avenue, Evansville, IN 47712

For Sale
$129,900
Pending

INVESTMENT, Two Story, Evansville, IN

Property Size3,502 SF
Lot Size0.25 Acres
Days on Market96

Property Features for 1419 Cumberland Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 1, Basement, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 5, Bedroom 1, Bedroom 3
Parking features Off Street
Lot features Irregular
Elementary school Daniel Wertz
Middle school Perry Heights
High school Francis Joseph Reitz
Elementary school district Evansville-Vanderburgh School Corp.
Middle school district Evansville-Vanderburgh School Corp.
High school district Evansville-Vanderburgh School Corp.
Directions W on Lloyd Expressway, S on Barker, W on Broadway, S on Cumberland
Subdivision Vanderburgh County
Standard status Pending
APN 82-05-35-018-044.018-025
Size 3,502 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description HOWELL L 9, 10, & 11 BL 6
Legal Description HOWELL L 9, 10, & 11 BL 6

Building Details

Year built 1893
Floors in Building 2
Number of units 4
Flooring type Vinyl, Carpet
Architectural style Other
Listing Agency: KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
Listed By: Stacey Carpenter · License IN RB17001505
Added: Aug 11 Changed: Oct 26 Last Checked: Nov 14 at 12:06AM
MLS# 202632660

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.

Rey
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Investment Insights

Based on property information with market context.

This two-story quadplex contains 3,502 square feet on a 0.25-acre lot and was built in 1893. The property includes four bedrooms, four bathrooms, a basement, vinyl and carpet flooring, and off-street parking. All four units are occupied, and the owner currently pays the utilities.

Professional management is already in place, providing an established operating structure for the property. Located on the west side of Evansville in Vanderburgh County, the asset offers a four-unit configuration within the residential income property category.

Key Highlights

  • Four‑unit quadplex with all units occupied
  • 3,502 square feet on a 0.25‑acre lot
  • Built in 1893 with two‑story construction

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

72
Businesses Nearby

Demographics for 47712, IN

24,895
Population
10,795
Households
2.3
Avg Household Size
35
Median Age
29%
College-Educated
93%
High-School Grad
62.7 sq mi
ZIP Area
397
Density / Sq Mi
$64,285
Median Household Income
$36,018
Median Earnings
$933
Median Rent
$173,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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

$113 Jul
$93.1 Aug
$88.28 Sep
$87.59 Oct

Properties on Market for Quadplexes 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?
Quadplex - Fully occupied four-unit residential income property with off-street parking and professional management in place.
Where is this quadplex located?
The property is located at 1419 Cumberland Avenue Evansville, IN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Four‑unit quadplex with all units occupied; 3,502 square feet on a 0.25‑acre lot; Built in 1893 with two‑story construction
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