Four-Unit Residential Income
803 Southeast Riverside Drive Evansville, IN 47713
For Sale
$265,000
Quadplex with four units, with three currently occupied, offering ongoing rental income in near-downtown Evansville.
Property Size4,590 SF
Price / SF$57.73
Days on Market324
Property Features for 803 Southeast Riverside Drive
General Information
Standard status
Active
Size
4,590 SF
Property subtype
Multi Family / Fourplex
Building Details
Year Built
1896
Listing Agency:
ERA FIRST ADVANTAGE REALTY, INC
(812) 426-9020
Listed By:
Jonathan Weaver · License #RB14029128
(812) 426-9020
Source:
Compass
Added: Sep 8, 2025
Changed: Jul 20
Last Checked: Jul 27 at 1:36PM
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 ERA FIRST ADVANTAGE REALTY, INC
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.
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
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
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
