Attention investors, this 5 unit building with a parking lot on a corner offers steady income in a convenient location right on First Ave. Curretnly offers Four one bedroom units and a efficiency, and a parking lot. With easy access to Diamond Ave and north side shopping. Some updates made by current owner, 4 units are currently rented out with 1 vacant and ready for some TLC for more income.
Active
$180,000
1224 N 1st Ave, Evansville, IN 47710
4beds
2,986sqft
Est.:
Fiveplex
Built in 1904
-- sqft lot
$171,200 Zestimate®
$--/sqft
$-- HOA
What's special
Parking lot
- 67 days
- on Zillow |
- 381 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: February 21, 2025 at 10:59am
Listed by:
Cathie Spalding Cell:812-449-1005,
Pinnacle Realty Group
Source: IRMLS,MLS#: 202505014
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Flooring: Carpet, Tile
- Basement: Crawl Space
Interior area
- Total structure area: 2,986
- Total interior livable area: 2,986 sqft
- Finished area above ground: 2,986
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 5
- Parking features: Off Street Parking
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,419.46 Square Feet
- Features: Corner Lot
Details
- Additional structures: None
- Parcel number: 820619027064.030029
- Zoning: C-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Fiveplex
Materials
- Wood Siding
Condition
- New construction: No
- Year built: 1904
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Evansville
Financial & listing details
- Tax assessed value: $128,400
- Annual tax amount: $2,383
- Date on market: 2/18/2025
- Inclusions: Building, Land, Lease
- Lease term: 12 Months
- Total actual rent: 32940
- Tenant pays: Cable TV, None
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