Three-Unit Residential Income
2923 Mt Vernon Avenue Evansville, IN 47712
For Sale
$155,000
Three units consist of a fully occupied 1BR/1BA duplex plus a renovated 2BR/1BA home behind it.
Property Size2,095 SF
Price / SF$73.99
Days on Market148
Property Features for 2923 Mt Vernon Avenue
General Information
- Standard status
- Active
- Size
- 2,095 SF
- Property subtype
- Multi Family / Triplex
Building Details
- Year Built
- 1975
Listing Agency:
eXp Realty, LLC
(812) 449-2119
Listed By:
Kimberly Clark · License #RB14037878
(812) 449-2119
Source:
Compass
Added: Feb 25
Changed: Jul 22
Last Checked: Jul 23 at 10:07AM
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 three-unit residential income property includes two 1BR/1BA units (Units A and B) configured as a duplex, with a separate 2BR/1BA single-family home (Unit C) located behind the duplex. Unit C has recently been renovated. The duplex units and Unit C are currently fully occupied.
The total gross monthly income when fully occupied is $2,520. The owner pays water, sewer, trash, lawn care, and electric for Units A and B, while the tenant in Unit C pays electric and is responsible for the lawn care around the property. There is parking available for each unit.
The property was re-zoned for three units, and that re-zoning was approved. The seller is offering an $8,000 credit for roof replacement.
The total gross monthly income when fully occupied is $2,520. The owner pays water, sewer, trash, lawn care, and electric for Units A and B, while the tenant in Unit C pays electric and is responsible for the lawn care around the property. There is parking available for each unit.
The property was re-zoned for three units, and that re-zoning was approved. The seller is offering an $8,000 credit for roof replacement.
Key Highlights
- Three‑unit property: fully occupied duplex with (2) 1BR/1BA units plus a single‑family (1) 2BR/1BA unit behind the duplex.
- Unit C (2BR/1BA) has recently been renovated.
- Total gross monthly income when fully occupied is $2,520/month.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three units consist of a fully occupied 1BR/1BA duplex plus a renovated 2BR/1BA home behind it.
Where is this triplex located?
The property is located at 2923 Mt Vernon Avenue Evansville, IN.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Three‑unit property: fully occupied duplex with (2) 1BR/1BA units plus a single‑family (1) 2BR/1BA unit behind the duplex.; Unit C (2BR/1BA) has recently been renovated.; Total gross monthly income when fully occupied is $2,520/month.
