Listing
$249,900
818 SE••••• Riverside Dr (Sign up for 50 free credits to unlock)Evansville, IN 47713
Property Description
Expand your investment portfolio with this well-maintained fourplex ideally located in the heart of the Historic District, just steps from Haynie's Corner. Each unit offers private entrances, tall windows, abundant natural light, and included appliances. Gas and electric are separately metered for each unit, while the owner covers water, sewer, and trash service. All four units feature central heating and air conditioning, along with separate newer water heaters. Extensive updates completed within the past two years include fresh paint, updated flooring, newer appliances, and modern finishes throughout, making this a turnkey investment opportunity in a highly desirable location.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Jun 13, 2026
- Price per Sq Ft
- $121/sqft
- ZIP Code
- 47713
- Full Baths
- 4
- Stories
- 2
- Cooling
- Central Air
- Property Tax (2025)
- $3,206/yr
- Assessed Value
- $149,600
- Last Sold
- $262,500 · Sep 7, 2023
- Neighborhood
- Evansville South Side
- County
- Vanderburgh
- School District
- Evansville Vanderburgh Sch Corp
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 4
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Land Info
- Lot Description: 0-2.9999
- Lot Size Acres: 0.12
- Lot Size Dimensions: .12
- Lot Size Square Feet: 5227
Utilities
- Sewer: Public
- Water Sewer Expense: 2160
Other Rooms
- Basement Description: Crawl,Partial Basement
Rental Info
- Lease Term: 1 Year
- Tenant Pays: Electric, Fuel
Commercial Info
- Net Operating Income: 23433.26
Multi-Unit Info
- Number of Buildings: 4
- Number of Units: 4
- Number of Studio Units: 3
- Number of 1 Bedroom Units: 4
- Bedrooms in Unit-1: 1
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 1
- Bedrooms in Unit-4: 1
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Unit 1 Total Actual Rent: 850
- Unit 2 Total Actual Rent: 650
- Unit 3 Total Actual Rent: 675
- Unit 4 Total Actual Rent: 725
Interior Features
- Flooring: Vinyl
Garage and Parking
- Parking Total: 4
School Information
- Elementary School: Tekoppel
- High School: Francis Joseph Reitz
- Middle School: Perry Heights
- School District: Evansville-Vanderburgh School Co
Heating and Cooling
- Cooling Features: Central Air
- Heating Fuel: Gas,Forced Air
Other Property Info
- Annual Tax Amount: 3000
- Source Listing Status: Active
- County: Vanderburgh County
- Directions: Traveling NW on Veterans Memorial Parkway turn right on Shawnee Ave, then left on SE Riverside Drive, home is 4th house on the right
- Tax Year: 2026
- Inclusions: Building
- Insurance Expense: 3000
- Area: Vanderburgh County
- Source Neighborhood: Union Place
- Number of Separate Electric Meters: 4
- Number of Separate Gas Meters: 4
- Number of Separate Water Meters: 1
- Owner Pays: Sewer, Water
- Parcel Number: 82-06-31-020-082.006-029
- Subdivision: Union Place
- Township: Pigeon
- Property Subtype: Fourplex
Homeowners Association
- Maintenance Expense: 3000
Building and Construction
- Total Square Feet Living: 2063
- Year Built: 1919
- Above Grade Finished Area: 2063
- Below Grade Unfinished Area: 228
- Building Exterior Type: Wood
- Property Age: 107
- Levels or Stories: 2
- House Style: Two Story
- Total Area Sqft: 2291
- Total Below Grade Area: 228
Amenities and Community Features
- Near Walking Trail
- Six Panel Doors
Location
Lat 37.96207 · Lng -87.56920