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Two-Story Quadplex
For Sale
$224,900
Pending

803 SE Riverside Drive, Evansville, IN 47713

INVESTMENT, Two Story, Evansville, IN

Property Size4,590 SF
Lot Size0.20 Acres
Days on Market355

Property Features for 803 SE Riverside Drive

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 2, Basement, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 6
Parking 6
Subdivision Stinson Heights
Lot features Level
Elementary school Tekoppel
Middle school Perry Heights
High school Francis Joseph Reitz
Elementary school district Evansville-Vanderburgh School Corp.
Middle school district Evansville-Vanderburgh School Corp.
High school district Evansville-Vanderburgh School Corp.
Directions SE Riverside Drive from the Museum. Property on the right.
Standard status Pending
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
Legal 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 Wood, Tile
Architectural style Other
Listing Agency: F.C. TUCKER EMGE
Listed By: Jonathan Weaver · License #RB14029128
Added: Sep 8, 2025 Changed: Aug 21 Last Checked: Aug 28 at 5:06AM
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 two-story quadplex contains 4,590 square feet on a 0.2-acre parcel and was built in 1896. The property includes six bedrooms, four bathrooms, a basement, central air, and a mix of wood and tile flooring. Three of the four units are occupied, providing an existing residential income component.

The property is positioned near downtown Evansville, with proximity to the Greenway, Haynies Corner, and the IU Medical School. Its four-unit configuration and established improvements offer a defined multifamily layout within the Evansville market.

Key Highlights

  • 4,590‑square‑foot quadplex on a 0.2‑acre parcel
  • Four residential units, with 3 of 4 currently occupied
  • Built in 1896 with two‑story construction

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 - Four-unit residential property with central air, mixed wood and tile flooring, a basement, and three occupied units.
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 $224,900.
What are key features of this property?
This property features: 4,590‑square‑foot quadplex on a 0.2‑acre parcel; Four residential units, with 3 of 4 currently occupied; Built in 1896 with two‑story construction
More about this property
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