Listing
$173,333
705 70••••• N Fourth Ave (Sign up for 50 free credits to unlock)Evansville, IN 47710
Property Description
Investment opportunity!! Multi-Family Apartment Package Deal! 11 Total Units! 705 707 N Fourth Ave, Evansville, IN is part of a package deal with 309 E Michigan St, Evansville, IN & 324 E Moore St, Boonville, IN for a total of $520,000.00. 705 707 N Fourth Ave is a 3 unit apartment building. These are all tenant occupied rental properties that are professionally managed. The photos are when the property was vacant to keep the privacy of the tenants. Apartment 705 (downstairs) - $650/month | Apartment 707 (downstairs) - $740/month | Apartment 705 #A (upstairs) - Currently Vacant/For Rent(estimated market rent $675/month) 705 - Tenant pays for Electric. Landlord pays for Water/Sewer/Trash 705 #A - Tenant pays for Electric. Landlord pays for Water/Sewer/Trash 707 - Tenant pays for Electric and Water/Sewer/Trash This also includes vacant lot to the N of the property. This lot is within the fenced in area of the apartment and considered the yard. The address for the lot is 709 N Fourth Ave, Evansville, IN Parcel # 82-06-19-029-102.007-029 | This building has many new upgrades within the past 3 years, such as new windows, roof, exterior doors, flooring, bathrooms, paint, and much more.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Sep 7, 2026
- Price per Sq Ft
- $68/sqft
- ZIP Code
- 47710
- Full Baths
- 3
- Stories
- 2
- Cooling
- Central Air
- Property Tax (2025)
- $1,271/yr
- Assessed Value
- $59,300
- Neighborhood
- Evansville North Side
- County
- Vanderburgh
- School District
- Evansville Vanderburgh Sch Corp
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 4
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Land Info
- Lot Description: Level
- Lot Size Acres: 0.09
- Lot Size Dimensions: 113x33
- Lot Size Square Feet: 3920
Utilities
- Sewer: City, Public
- Water Sewer Expense: 1500
Other Rooms
- Basement Description: Crawl
Rental Info
- Lease Term: Month to Month,1 Year
- Tenant Pays: Electric, Water
Commercial Info
- Net Operating Income: 21258.88
Multi-Unit Info
- Number of Units: 3
- Number of 1 Bedroom Units: 2
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 2
- Bedrooms in Unit-3: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Rooms in Unit-1: 3
- Total Rooms in Unit-2: 4
- Total Rooms in Unit-3: 3
- Unit-1 Square Feet: 650
- Unit-2 Square Feet: 1000
- Unit-3 Square Feet: 650
- Unit 1 Total Actual Rent: 650
- Unit 2 Total Actual Rent: 675
- Unit 3 Total Actual Rent: 740
Interior Features
- Flooring: Mixed
Garage and Parking
- Parking Total: 2
School Information
- Elementary School: Cedar Hall
- High School: Central
- Middle School: Lincoln
- School District: Evansville-Vanderburgh School Co
Heating and Cooling
- Cooling Features: Central Air
- Heating Fuel: Gas
- Number of Fireplaces: 3
Other Property Info
- Annual Tax Amount: 750
- Source Listing Status: Active
- County: Vanderburgh County
- Directions: N on N Fulton Ave, E on W Delaware St, N of N Fourth Ave, the building will be on the E side of the street.
- Tax Year: 2025
- Inclusions: Building,Land
- Insurance Expense: 750
- Area: Vanderburgh County
- Source Neighborhood: Vanderburgh County
- Number of Separate Electric Meters: 3
- Number of Separate Water Meters: 2
- Owner Pays: Trash Collection, Water
- Parcel Number: 82-06-19-029-102.008-029
- Township: Pigeon
- Property Subtype: Triplex
Building and Construction
- Total Square Feet Living: 2540
- Year Built: 1914
- Above Grade Finished Area: 2540
- Building Exterior Type: Vinyl
- Property Age: 112
- Levels or Stories: 2
- House Style: Two Story
- Total Area Sqft: 2540
Amenities and Community Features
- Fenced Yard
- Washer Hook-Up
Location
Lat 37.98429 · Lng -87.57923