Search
Four-Unit Quadplex

1908 W Indiana Street, Evansville, IN 47712

For Sale
$197,000

Four two-bedroom apartments feature individual utility services, central heating and cooling, and in-unit kitchen appliances.

Property Size3,968 SF
Price / SF$49.65
Days on Market44

Property Features for 1908 W Indiana Street

General Information

Standard status Active
Size 3,968 SF
Property subtype Multi-Family

Site & Location

Neighborhood Westside Improvement

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

Amenities

central air conditioning
central heating
stove
refrigerator
washer/dryer hookups
8
1
Partial Basement,Unfinished,Outside Entrance
Carpet,Laminate,Vinyl
992
4
Yes
1984
Brick
2
3968
150
No
Gravel
Vinyl
City
Paved
5950
Rubber
50 x 119
Level
0.136
6

Building Details

Year Built 1919
Stories 2
Listing Agency: Midwest Land & Lifestyle, LLC
Listed By: William Hitch
Source: Thedouglasshometeam
Added: Oct 2 Changed: Nov 13 Last Checked: Nov 12 at 8:32PM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The quadplex contains four apartments, each with two bedrooms and one bathroom. Central air conditioning and heat, a stove, and a refrigerator are provided in every unit. Three apartments have washer and dryer connections; one includes a washer and dryer. The property has 100-amp service per unit, updated wiring, mostly updated plumbing, insulation, and newer HVAC equipment. The roof was replaced two years ago.

Utilities are separately metered apart from water. The owner covers water and trash collection. Occupancy has remained above 90% over the past 20 years.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • Occupancy exceeded 90% over the past 20 years
  • Separate utilities except for water; owner pays water and trash collection

Property Analytics

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

565
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

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 - Four two-bedroom apartments feature individual utility services, central heating and cooling, and in-unit kitchen appliances.
Where is this quadplex located?
The property is located at 1908 W Indiana Street 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; Occupancy exceeded 90% over the past 20 years; Separate utilities except for water; owner pays water and trash collection
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Why hide this one?