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Property profile & analytics
OFF-MARKET
Commercial real estate

1219 Louisiana St Evansville, IN 47711

8,276 SF 0.19 ac lot Built 1935
Property ID
US31-0841269
Property summary
AI-generated overview

This exceptional investment opportunity encompasses three income-generating properties in Evansville, Indiana, totaling 8,276 square feet on a 0.19-acre lot. The portfolio includes 1219 E Louisiana St and 1217 E Louisiana St, generating a combined monthly income of $2350, and 910 W Illinois St, producing $575 monthly. The properties are situated on a single lot, identified by APN 82-06-21-033-019.005-029, and are conveniently located in Evansville, Vanderburgh County, Indiana, with the address 1219 E Louisiana St, zip code 47711. Built in 1935, this single-story structure offers significant potential for investors seeking a strong return. The asking price is $249,000, translating to a price per square foot of $30.09. This represents a compelling opportunity to acquire a well-established, multi-property retail portfolio in a desirable location. The properties are currently generating a consistent income stream, making this an attractive investment for both seasoned and emerging investors. The combined monthly rental income provides a solid foundation for future growth and potential appreciation. This is a turnkey investment ready for immediate income generation.

Property profile
Verified
Property type Commercial real estate
Year built 1935
Total area 8,276 SF
Lot 0.19 ac (8,276 SF)
APN 82-06-21-033-019.005-029
UPID US31-0841269
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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