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1208 SE 1st St
Evansville, IN 47713
S.E. First St. Apartments · Multifamily Property For Sale · 17 Units

Property Facts

No. Units 17
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.21 AC
Building Size 9,540 SF
No. Stories 3
Year Built/Renovated 1966/2019
Parking Ratio 0.52/1,000 SF
Zoning R-3

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Eat-in Kitchen
  • High Speed Internet Access

Site Amenities

  • Laundry Facilities
  • Property Manager on Site

About 1208 SE 1ST ST , EVANSVILLE, IN 47713

SVN | The Martin Group is pleased to offer for sale this beautifully restored 17-unit apartment building located in the heart of downtown Evansville. The mechanicals of this building have been fully upgraded, and 16 of the 17 studio units have been extensively remodeled with new kitchens, baths, and luxury vinyl tile flooring. The new kitchens offer a pantry, stainless steel appliances (including a 5-burner gas range), hi-rez countertops, and tile backsplashes. Common hallways in this 3 story building have wood plank ceramic tile flooring. Hallway walls are covered with beaded wainscoting and orange peel for ease of maintenance, and topped off with crown moulding. High-end light fixtures can be found throughout. This restoration project was in process in 2018 and wrapped up in 2019, with the most recently leased units commanding $750/mo. Located in the historic section of downtown, residents are within walking distance of the riverfront as well as the growing numbers of shops, galleries, and restaurants in the Haynie’s Corner Arts District. The new Indiana University School of Medical campus is a short 5 minute bike ride away.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 17 $750.00 450

Property Taxes

Property Taxes

Parcel Number
82-06-31-022-052.012-029
Land Assessment
$15,800
Improvements Assessment
$522,400
Total Assessment
$538,200
  • Listing ID: 16043971

  • Date on Market: 5/14/2019

  • Last Updated:

  • Address: 1208 SE 1st St, Evansville, IN 47713

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