Updated Three-Unit Apartment
New
For Sale
$173,333
705 N Fourth Avenue, Evansville, IN 47710
Three-unit rental property with recent improvements and an adjoining fenced yard lot.
Property Size2,540 SF
Price / SF$68.24
Days on Market3
Property Features for 705 N Fourth Avenue
General Information
Standard status
Active
Size
2,540 SF
Property subtype
Multi-Family
Additional Details
Asking Price
$520,000
Multifamily Units
11
Building Details
Year Built
1914
Listing Agency:
Kaden Khayyata, Loy Real Estate
Listed By:
Patton Hall
(574) 267-7501
Source:
Pattonhall
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 9 at 3:21PM
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 Kaden Khayyata, Loy Real Estate
Investment Insights
Based on property information with market context.
This Evansville triplex contains 2,540 square feet across three apartment units. Built in 1914, the property has received substantial updates within the past three years, including windows, the roof, exterior doors, flooring, bathrooms, and interior paint. Two units are occupied, while the upstairs apartment is currently vacant and available for rent.
The property at 705 N Fourth Avenue also includes the adjacent lot at 709 N Fourth Avenue. Parcel 82-06-19-029-102.007-029 sits within the fenced area and functions as the apartment property's yard. Utility responsibilities vary by unit, with tenants covering certain services and the landlord responsible for water, sewer, and trash in two apartments.
The property at 705 N Fourth Avenue also includes the adjacent lot at 709 N Fourth Avenue. Parcel 82-06-19-029-102.007-029 sits within the fenced area and functions as the apartment property's yard. Utility responsibilities vary by unit, with tenants covering certain services and the landlord responsible for water, sewer, and trash in two apartments.
Key Highlights
- Three‑unit apartment building with 2,540 square feet
- Recent improvements include roof, windows, exterior doors, flooring, bathrooms, and paint
- Upstairs apartment is currently vacant and available for rent
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
1,497
Businesses Nearby
Explore this area
Business Placement
Demographics for 47710, IN
18,470
Population
9,119
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$45,324
Median Household Income
$33,718
Median Earnings
$857
Median Rent
$131,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit rental property with recent improvements and an adjoining fenced yard lot.
Where is this triplex located?
The property is located at 705 N Fourth Avenue Evansville, IN.
What is the asking price?
The asking price for this property is $173,333.
What are key features of this property?
This property features: Three‑unit apartment building with 2,540 square feet; Recent improvements include roof, windows, exterior doors, flooring, bathrooms, and paint; Upstairs apartment is currently vacant and available for rent
