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6-Unit Multifamily Building with New Roof
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1523 S Green River Rd, Evansville, IN 47715

Former 6-unit apartment complex partially converted to an event center on the lower level, with a new roof.

Property Size3,000 SF
Days on Market1479

Property Features for 1523 S Green River Rd

General Information

Standard status Active
Size 3,000 SF
Property subtype RETAIL
Listing Agency: F.C. Tucker Commercial
Listed By: Will Smith · License #RB18000507
Source: Moodyscre
Added: Jul 13, 2022 Changed: Jul 30 Last Checked: Jul 30 at 3:54AM

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 F.C. Tucker Commercial

Investment Insights

Based on property information with market context.

Former 6-unit apartment complex that was partially converted to an event center on the lower level. The property offers an opportunity to reconfigure the space with rehab to support a new event center space or office space. The roof is new.

The property is located at 1523 S Green River Rd in Evansville, Indiana. With the existing lower-level event center conversion, the building may appeal to users looking for flexible interior space that can be further adapted through renovation.

Total building size is listed at 3,000 square feet. Please reach out directly for additional details and viewing arrangements.

Key Highlights

  • Former 6‑unit apartment complex
  • Lower level partially converted to an event center
  • With rehab, space could support a new event center or office

Property Analytics

Current Use

N-Handz Barber & Beauty ... Barber Shop Evansville Foundation Repair Construction Company Higher Image Hair ... Barber Shop

Suggested Use

Top Pick Law Firm Electrical Service Auto Parts Store Building Supply Computer & Electronic Repair Big Box & Wholesale 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,467
Businesses Nearby

Demographics for 47715, IN

28,959
Population
14,451
Households
2
Avg Household Size
39
Median Age
29%
College-Educated
95%
High-School Grad
22.0 sq mi
ZIP Area
1,316
Density / Sq Mi
$59,821
Median Household Income
$40,137
Median Earnings
$1,009
Median Rent
$191,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Former 6-unit apartment complex partially converted to an event center on the lower level, with a new roof.
Where is this apartment building located?
The property is located at 1523 S Green River Rd Evansville, IN.
What are key features of this property?
This property features: Former 6‑unit apartment complex; Lower level partially converted to an event center; With rehab, space could support a new event center or office
(812) 480-0553 Call to check price and availability
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