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1510 SE Riverside Dr, Evansville, IN, 47713
Brick 14-Unit Apartment Building

1510 SE Riverside Dr Evansville, IN 47713

For Sale
Contact for pricing
Pending

Fourteen-unit brick apartment building with recent updates and a roof installed in 2016.

Days on Market104

Property Features for 1510 SE Riverside Dr

General Information

Standard status
Pending
Property subtype
Multifamily
Listing Agency: EXP Realty, LLC
Listed By: Lucas Neuffer · License #RB16001028
Source: Crexi
Added: Apr 12 Changed: Jul 23 Last Checked: Jul 23 at 4:58PM

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 EXP Realty, LLC


Investment Insights

Based on property information with market context.

This 14-unit apartment building at 1510 SE Riverside Dr features an extremely solid brick exterior and a new roof installed in 2016. Recent updates have been completed in past few years, and current ownership has emptied the property and renovated multiple units, with 8 of the 14 units filled with tenants in renovated apartments. Utility responsibility is split: the owner pays water, sewer, and trash, while tenants are responsible for electric. Each unit has a separate electric meter.

The property is located in Downtown Evansville and is described as steps away from both the Art’s District and the Historic District. The building does not fall directly within either district, and renovations reportedly have no restrictions. The property also does not fall in the flood plain.

For buyers seeking a value-add residential income property, this building offers a brick, multi-unit structure with documented capital improvements and the ability to continue completing additional unit renovations.

Key Highlights

  • 14‑unit apartment building with a solid brick exterior
  • New roof installed in 2016
  • Building was updated in recent years and has 8 of 14 units filled with renovated apartments

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Building Supply HVAC Service Nail Salon (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Fourteen-unit brick apartment building with recent updates and a roof installed in 2016.
Where is this apartment building located?
The property is located at 1510 SE Riverside Dr Evansville, IN.
What are key features of this property?
This property features: 14‑unit apartment building with a solid brick exterior; New roof installed in 2016; Building was updated in recent years and has 8 of 14 units filled with renovated apartments
More about this property
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