Back to Search
Four-Unit Quadplex Investment

803 SE Riverside Drive Evansville, IN 47713

Claim this Listing
For Sale
$249,900

MULTI_FAMILY - Evansville, IN

Property size:
4,590 SF
Lot size:
0.20 Acres
Price / SF:
$54/SF
Added:
Sep 8, 2025
Days on Market:
306
Last Refresh:
Jul 10 at 4:06 pm

Property Features for 803 SE Riverside Drive

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
4
Rooms
Bedroom 6, Basement, Bathroom 3, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 4, Bedroom 4, Bedroom 3
Parking
6
Standard status
Active
APN
82-06-31-020-093.008-029
Size
4,590 SF
Lot size
0.20 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
STINSONS SUB PT LOTS 1 & 2 & PT VAC ALLEY

Utilities

Cooling system
Central Air

Building Details

Year built
1896
Floors in Building
2
Number of units
4
Flooring type
Tile, Wood
Architectural style
Other

Listing agent Jonathan Weaver License #RB14029128

Listing office F.C. TUCKER EMGE 130 Main Street, Evansville, IN

Listing date Sep 8, 2025

MLS# 202536128

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property is a four-unit quadplex totaling 4,590 square feet, situated on a 0.2-acre lot. According to the remarks, three of the four units are currently occupied, providing an income-generating setup for an owner-operator or investor seeking a partially stabilized residential income property.

Located in Evansville near the area commonly described as near downtown, the property is also noted to be close to the Greenway, Haynies Corner, and the IU Medical School. Local proximity to these destinations may support tenant demand from households looking for access to nearby employment and community amenities.

With a four-unit configuration, the building offers multiple rental streams in a single purchase. The fact that 3 of the 4 units are occupied can be relevant for buyers evaluating current occupancy and the opportunity to lease or renew remaining space. This asset is best suited for buyers looking for a small multi-family investment with straightforward unit count exposure and a residential income focus.

Key Highlights

  • Year built 1896
  • Wood and tile flooring throughout
  • Central air cooling

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

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

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four-unit quadplex with three units currently occupied, near downtown Evansville.
Where is this quadplex located?
The property is located at 803 SE Riverside Drive Evansville, IN.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Year built 1896; Wood and tile flooring throughout; Central air cooling
Contact an agent
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