A rare find with this four plex investment property with good returns. Location is ideal being in the heart of the Historic District downtown. Units are open with a vaulted ceiling and a living room which opens into the kitchen. Ceiling fan. Track lighting. Range and refrigerator are included. Spacious rooms. Open porch. Separate meters. Renter pays gas and electric. Rents easily. One is currently vacant for showings and the other three are rented. Pictures are of the upper left vacant unit. All units have same floor plan. Lower left (South) unit has side patio. Close to new medical school which is coming and walking distance to museum and downtown events such as Freedom Festival and July 4th Fireworks. Well maintained by owner.
Off market
$224,800
703 SE 1st St, Evansville, IN 47713
4beds
1,920sqft
Fourplex
Built in 1934
-- sqft lot
$224,800 Zestimate®
$117/sqft
$1,963 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Interior area
- Total interior livable area: 1,920 sqft
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Fourplex
Condition
- Year built: 1934
Utilities & green energy
- Sewer: City
Community & neighborhood
Location
- Region: Evansville
Other
Other facts
- Sale/Rent: For Sale
- AMENITIES: Detector-Smoke, Water Heater Gas, Ceiling Fan, Off Street Parking, Ceiling-9+, Cable Available, Porch Open, Patio Open
- FLOORING: Carpet
- HEATING/FUEL: Gas, Forced Air
- LEASE TERM: Month to Month, Other
- LOT DESCRIPTION: Level, Corner
- OWNER PAYS: Building Insurance, Sewer, Tax, Water
- SEWER: City
- TENANT PAYS: Cable, Cooling, Electric, Heating
- WATER UTILITY: City
- Style: Two Story
- Platted Y/N: Yes
- Association ID: Southwest IN Assoc. of Realtors
- Unit 2-Rent Frequency: Monthly
- Unit 2-Gas: Tenant
- Unit 2-Electric: Tenant
- Unit 3-Level: Main
- Unit 3-Rent Frequency: Monthly
- Unit 3-Gas: Tenant
- Unit 3-Electric: Tenant
- Unit 1-Currently Rntd Y/N: Yes
- COOLING: Central Air
- Unit 1-Rent Frequency: Monthly
- Unit 1-Gas: Tenant
- LOCATION: City/Town/Suburb, Historic District
- Unit 1-Electric: Tenant
- PARKING: Off Street
- GAS COMPANY: Vectren Energy
- Assoc. Dues Frequency: Not Applicable
- Pet Restrictions Y/N: Yes
- Basement Y/N: Yes
- Unit 2-Currently Rntd Y/N: Yes
- Unit 2-Level: Upper
- Unit 1-Level: Main
- Unit 3-Currently Rntd Y/N: Yes
- Unit 4-Rent Frequency: Monthly
- Unit 4-Gas: Tenant
- Unit 4-Electric: Tenant
- Square Footage Source: Assessor
- EXTERIOR: Wood
- Property SubType: Fourplex
- BASEMENT/FOUNDATION: Slab
- Unit 4-Level: Upper
- Township: Pigeon
- ELECTRIC COMPANY: Vectren Corp
- WATER COMPANY: Evansville Water & Sewer
- Status: Active
Services availability

Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$224,800
2% more+ $4,496
With Zillow Showcase(estimated)
$229,296