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66-Unit Apartment Portfolio

2770-2792 North Kentucky Avenue, Evansville, IN 47711

For Sale
Contact for pricing

Three communities along N. Kentucky Avenue include brick buildings, with on-site laundry at two properties.

Property SizeContact for details
Days on Market46

Property Features for 2770-2792 North Kentucky Avenue

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Neighborhood Business 41 Imp
Road Access Yes

Additional Details

Multifamily Units 66
Listing Agency: NAI Commercial Services
Listed By: Scott Hyatt · License IN RB14016323
Source: Crexi
Added: Sep 25 Changed: Nov 8 Last Checked: Nov 8 at 3:03PM

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 NAI Commercial Services

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Investment Insights

Based on property information with market context.

The Evansville portfolio brings together three apartment communities with 66 units across separate sites on N. Kentucky Avenue. Dogwood Manor has 26 units in five buildings, including one- and two-bedroom apartments, studios, and two-bedroom townhomes. Its 0.82-acre property was built in 1979 and has on-site laundry. Olmstead Manor contains 16 one-bedroom apartments in a two-story brick building on 0.37 acres, also built in 1979. Units have dishwashers and disposals, and residents have access to on-site laundry. Pinewood Apartments has 24 one-bedroom units across two brick buildings on 0.55 acres; the property dates to 1978, and each apartment has a full kitchen with full-sized appliances.

The three properties are located along the same Evansville corridor. Dogwood Manor is at 2770-2792 N. Kentucky Avenue, Olmstead Manor at 2700-2704 N. Kentucky Avenue, and Pinewood Apartments at 2511 N. Kentucky Avenue. Schools, shopping, restaurants, and main roadways are identified as nearby area features.

Key Highlights

  • 66 apartments across three communities on N. Kentucky Avenue in Evansville
  • Dogwood Manor: 26 units across five buildings on 0.82 acres
  • Olmstead Manor: 16 one‑bedroom units on 0.37 acres

Property Analytics

Lease Details

66
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

353
Businesses Nearby

Demographics for 47711, IN

31,266
Population
14,487
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
16.5 sq mi
ZIP Area
1,895
Density / Sq Mi
$65,398
Median Household Income
$39,114
Median Earnings
$982
Median Rent
$156,200
Median Home Value

Market

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?
Apartment building - Three communities along N. Kentucky Avenue include brick buildings, with on-site laundry at two properties.
Where is this apartment building located?
The property is located at 2770-2792 North Kentucky Avenue Evansville, IN.
What is the asking price?
The asking price for this property is $3,647,000.
What are key features of this property?
This property features: 66 apartments across three communities on N. Kentucky Avenue in Evansville; Dogwood Manor: 26 units across five buildings on 0.82 acres; Olmstead Manor: 16 one‑bedroom units on 0.37 acres
(812) 430-4989 Call to check price and availability
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