803 Southeast Riverside Drive Evansville, IN 47713

Building Details

Year Built

1896

Listing agency ERA FIRST ADVANTAGE REALTY, INC j***@fcte.com Show Phone

Listed by Jonathan Weaver · License #RB14029128 Show Phone

Source Compass

Added: Sep 8, 2025 Updated: Jul 20 at 6:05PM Checked: Jul 21 at 8:14AM

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Investment Insights

Based on property information with market context.

This four-unit residential income property (quadplex) is set up for immediate rental performance, with three of the four units currently occupied. The asset is positioned to support an income-focused ownership strategy based on the existing in-place occupancy.

The property is described as being in the heart of the near downtown area of Evansville, with proximity to the Greenway, Haynies Corner, downtown, and the IU Medical School. This location may be appealing for tenants seeking access to central employment and activity points in the area.

As presented, the offering includes a total of four units and reflects an occupied-to-vacant mix that can be evaluated for management planning and leasing follow-through.

Key Highlights

• Quadplex built in 1896 with 4 units and 6 total bedrooms (2 one‑bedroom and 2 two‑bedroom units)
• 3 of the 4 units are currently occupied, providing ongoing rental income
• Total of 4 full baths across the property

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FAQs

What type of property is this?

Quadplex - Quadplex with four units, with three currently occupied, offering ongoing rental income in near-downtown Evansville.

Where is this quadplex located?

The property is located at 803 Southeast Riverside Drive Evansville, IN.

What is the asking price?

The asking price for this property is $265,000.

What are key features of this property?

This property features: Quadplex built in 1896 with 4 units and 6 total bedrooms (2 one‑bedroom and 2 two‑bedroom units); 3 of the 4 units are currently occupied, providing ongoing rental income; Total of 4 full baths across the property