Four-Unit Apartment
New
For Sale
$197,000
1908 W Indiana Street #1 2 3 4, Evansville, IN 47712
Four two-bedroom apartments have separate utilities, with water shared across the building.
Property Size3,968 SF
Price / SF$49.65
Days on Market4
Property Features for 1908 W Indiana Street #1 2 3 4
General Information
Standard status
Active
Size
3,968 SF
Total Parking Spaces
6
Property subtype
Multi Family Home
Lease Term
1 Year, Renewal Options
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Individually Metered Utilities
unspecified utilities
Additional Details
Gross Income
$28,500
Tenant in Place
Yes
Building Details
Building Size
3,968 SF
Year Built
1919
Buildings
1
Stories
2
Units
4
Listing Agency:
Midwest Land & Lifestyle, LLC
Listed By:
William Hitch
(812) 449-2915
Source:
Abbottsteam
Added: Nov 1
Last Checked: Nov 3 at 5:56AM
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 Midwest Land & Lifestyle, LLC
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Investment Insights
Based on property information with market context.
The 3,968-square-foot multifamily property contains four apartments, each with two bedrooms and one bathroom. Separate utilities serve the units except for water. Every apartment has central air conditioning and heat, along with a stove and refrigerator. Three units include washer and dryer hookups; one has a washer and dryer. Electrical service is 100 amps per unit, and the building has new wiring and mostly new plumbing. The HVAC systems are newer, and the roof was replaced two years ago.
The property is at 1908 W Indiana Street in Evansville, Indiana. The owner pays for water and trash collection. Occupancy has exceeded 90% over the past 20 years, and current monthly rent income is $2,375.
The property is at 1908 W Indiana Street in Evansville, Indiana. The owner pays for water and trash collection. Occupancy has exceeded 90% over the past 20 years, and current monthly rent income is $2,375.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- 3,968 square feet; built in 1919
- Separate utilities for each unit, except water
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,590
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Quadplex - Four two-bedroom apartments have separate utilities, with water shared across the building.
Where is this quadplex located?
The property is located at 1908 W Indiana Street #1 2 3 4 Evansville, IN.
What is the asking price?
The asking price for this property is $197,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 3,968 square feet; built in 1919; Separate utilities for each unit, except water
