411 3Rd St Evansville, IN 47713
- Residential income homes
- 2,522 SF
- 0.05 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 411 3Rd St
- Year built
- 1849
- Lot size
- 0.05 lot acres
- Property size
- 2,522 SF
- Property type
- Residential income homes
- APN
- 820630020050012029
Description
This Evansville, Indiana multifamily property presents a compelling investment opportunity. The property, located at 411 SE 3rd St, is a two-story, all-brick duplex totaling 2,522 square feet on a 0.05-acre lot. Built in 1849, the property features two units. The downstairs unit boasts three bedrooms, one bath, and an enclosed back patio, currently rented for $950 per month. The upstairs unit, with two bedrooms and two baths, also includes an enclosed patio and a private balcony; it is currently vacant but commands a monthly rent of $950. Tenants are responsible for gas and electric, while the owner covers water, sewer, and trash, averaging $125 monthly when both units are occupied. The property's advantageous location near Haynie's Corner and Main Street adds to its appeal. The property's APN is 820630020050012029. This is a turnkey investment opportunity with strong rental potential. The asking price is $215,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.5693523
- Latitude
- 37.9672091
