723 Lemcke Ave, Evansville, IN 47712

This exceptional investment opportunity presents a stabilized, eight-unit multifamily portfolio located in Evansville, Indiana, at 723 N Lemcke Ave, 47712. The portfolio comprises a duplex and seven single-family homes, totaling 12,209 square feet. Currently boasting 63% occupancy, this property offers significant potential for increased revenue through improved occupancy rates. Each unit carries an attractive price point of $112,500, contributing to the overall asking price of $900,000. The property is offered for sale by owner and is not subject to a ground lease, providing a clear and straightforward ownership structure. This is an ideal investment for those seeking a stable, cash-flowing asset in a growing market. The property's location in Vanderburgh County provides easy access to local amenities and transportation networks. Detailed financial records are available upon request, allowing prospective buyers to thoroughly assess the property's performance and future earning potential. This portfolio represents a compelling opportunity to acquire a well-established rental property with immediate income generation and significant upside. Don't miss this chance to expand your real estate portfolio with this attractive Evansville investment.