Closed

$210,000

Original list price: ~~$225,000~~

Sold

1222 N••••• Second Ave (Sign up for 50 free credits to unlock)Evansville, IN 47710

4Beds

4Baths

2,110Sq Ft Living

3,920Sq Ft Lot

1904Year Built

Property Description

Fully occupied and generating steady income, this 4-unit property is a great opportunity for investors. The building features two 1-bedroom/1-bath units and two efficiency units, each with a full bathroom. Several units have been partially updated, and all units have brand-new water lines-providing peace of mind for future ownership. Two of the units offer private balconies, adding extra appeal for tenants. Off-street parking is available, making this property even more desirable. With solid improvements already completed, this is a turnkey investment with strong rental potential. Don't miss your chance to add this money-making property to your portfolio!

Property Facts & Features

Property Type: Multi Family
Status: Closed
Listed: Jan 5, 2026
Sold: Aug 6, 2026
List Price: $225,000
Price per Sq Ft: $100/sqft
ZIP Code: 47710
Full Baths: 4
Stories: 2
Parking: Gravel, Off Street
Cooling: Central Air
Property Tax (2025): $2,679/yr
Assessed Value: $125,000
Neighborhood: Evansville North Side
County: Vanderburgh
School District: Evansville Vanderburgh Sch Corp

Estimated Value

$210,527Range $168,421 to $252,632

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

Bedrooms: 4

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4

Land Info

Lot Description: Corner
Lot Size Acres: 0.09
Lot Size Dimensions: 30x130
Lot Size Square Feet: 3920

Utilities

Sewer: City

Other Rooms

Basement Features: Block, Brick
Basement Description: Partial Basement

Rental Info

Lease Term: 1 Year
Tenant Pays: Electric, Fuel, Trash Collection, Water

Commercial Info

Net Operating Income: 28724.04

Multi-Unit Info

Number of Units: 4
Number of Studio Units: 2
Number of 1 Bedroom Units: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 0
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 0
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit 1 Total Actual Rent: 695
Unit 2 Total Actual Rent: 525
Unit 3 Total Actual Rent: 695
Unit 4 Total Actual Rent: 565

Interior Features

Flooring: Carpet, Vinyl, Wood

Garage and Parking

Parking Features: Gravel, Off Street
Parking Total: 4

School Information

Elementary School: Cedar Hall
High School: Central
Middle School: Cedar Hall
School District: Evansville-Vanderburgh School Co

Heating and Cooling

Cooling Features: Central Air
Heating Fuel: Forced Air

Other Property Info

Source Listing Status: Sold
County: Vanderburgh County
Directions: N on First Ave from Lloyd, turn left on Louisiana, turn right on N Second, Property is on the left.
Tax Year: 2024
Inclusions: Land
Area: Vanderburgh County
Source Neighborhood: Vanderburgh County
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 4
Owner Pays: Building Insurance, Tax
Parcel Number: 82-06-19-027-064.001-029
Township: Pigeon
Property Subtype: Fourplex

Building and Construction

Total Square Feet Living: 2110
Year Built: 1904
Above Grade Finished Area: 2110
Below Grade Unfinished Area: 1056
Building Exterior Type: Block, Vinyl
Property Age: 122
Roof: Dimensional Shingles
Levels or Stories: 2
House Style: Two Story
Total Area Sqft: 3166
Total Below Grade Area: 1056

Amenities and Community Features

Basement
Off Street Parking
Balcony

Price & Event History

Date	Event	Price	$/Sq Ft
Aug 6, 2026	Sold	$210,000	$100
Jan 5, 2026	Listed	$225,000	$107
Apr 2, 2024	Sold	$1,425,000	$675
Apr 9, 2020	Listing removed	-	-
Apr 5, 2020	Listed for rent	$450	$1
Nov 28, 2016	Sold	$383,218	$182
Apr 5, 2011	Sold	$1,153,626	$547

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2025	$2,679	$125,000	$4,900	$120,100	$125,000
2024	$2,578	$119,500	$4,900	$114,600	$119,500
2022	$1,045	$47,900	$5,000	$42,900	$47,900
2021	$982	$44,200	$5,000	$39,200	$44,200
2020	$1,014	$46,700	$5,000	$41,700	$46,700
2019	$1,010	$46,800	$5,000	$41,800	$46,800
2018	$1,012	$46,700	$5,000	$41,700	$46,700
2017	$1,013	$47,100	$5,100	$42,000	$47,100
2016	$1,028	$45,900	$5,100	$40,800	$45,900
2015	$1,004	$46,200	$5,100	$41,100	$46,200
2013	$1,577	$46,600	$5,100	$41,500	$46,600
2012	$1,603	$46,500	$5,000	$41,500	$46,500

Nearby Schools

4/10
Cedar Hall Community School
Public · Elementary, Middle · Grades K-8
0.7 mi
5/10
Central High School
Public · High · Grades 9-12
2.7 mi
NR
Evansville Lutheran School
Private · Elementary, Middle · Grades K-8
1.0 mi