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Four-Unit Residential Income Property
For Sale
$224,900
Pending

803 SE Riverside Dr, Evansville, IN 47713

Quadplex with three occupied units and proximity to downtown Evansville destinations.

Property Size4,590 SF
Days on Market38

Property Features for 803 SE Riverside Dr

General Information

Standard status Pending
Size 4,590 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 4

Building Details

Year Built 1896
Listing Agency: F.C. TUCKER EMGE
Listed By: Jonathan Weaver · License #RB14029128
Source: Kmsrealestategroup
Added: Jul 25 Changed: Aug 31 Last Checked: Aug 30 at 8:14PM

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 F.C. TUCKER EMGE

Investment Insights

Based on property information with market context.

This four-unit residential property contains 4,590 square feet and was built in 1896. Three of the four units are occupied, providing an established occupancy position within the quadplex configuration.

The property is located near downtown Evansville, with proximity to the Greenway, Haynies Corner, and the IU Medical School. The address is 803 SE Riverside Dr, Evansville, IN 47713.

Key Highlights

  • 4,590‑square‑foot quadplex built in 1896
  • Four residential units, with 3 currently occupied
  • Located near downtown Evansville

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Storage Facility Nail Salon Pharmacy Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,018
Businesses Nearby

Demographics for 47713, IN

9,916
Population
5,507
Households
1.8
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
5.0 sq mi
ZIP Area
1,983
Density / Sq Mi
$37,448
Median Household Income
$29,366
Median Earnings
$931
Median Rent
$85,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Quadplex with three occupied units and proximity to downtown Evansville destinations.
Where is this quadplex located?
The property is located at 803 SE Riverside Dr Evansville, IN.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: 4,590‑square‑foot quadplex built in 1896; Four residential units, with 3 currently occupied; Located near downtown Evansville
More about this property
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