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Four-Unit Quadplex
New
For Sale
$129,900

1419 Cumberland Avenue, Evansville, IN 47712

MULTI_FAMILY - Evansville, IN

Property Size3,502 SF
Lot Size0.25 Acres
Price / SF$37.09
Days on Market2

Property Features for 1419 Cumberland Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 4
Full bathrooms 4
Rooms Basement, Bedroom 5, Bathroom 2, Bathroom 1, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 4, Bedroom 2, 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 Active
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 #RB17001505
Added: Aug 11 Last Checked: Aug 12 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.

Investment Insights

Based on property information with market context.

This four-unit multifamily property contains 3,502 square feet on a 0.25-acre lot. The interior includes five bedrooms, four bathrooms, a basement, and a mix of vinyl and carpet flooring. Off-street parking is provided, and the building was constructed in 1893.

The property is located on Cumberland Avenue on the west side of Evansville, Indiana. It is fully occupied, with professional management already in place. The owner currently pays all utilities, creating a centralized utility arrangement for the property. The recorded room configuration includes Bedrooms 1 through 5, Bathrooms 1 through 4, and a basement.

Key Highlights

  • Four‑unit multifamily property with 3,502 square feet
  • Fully occupied with professional management in place
  • Owner currently covers all utilities

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Kitchen & Bath Showroom Restaurant Hair Salon Grocery & Convenience 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
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

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 - Fully occupied multifamily property with professional management and owner-paid utilities.
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 multifamily property with 3,502 square feet; Fully occupied with professional management in place; Owner currently covers all utilities
More about this property
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