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Executive Summary

Potential Upside 7 Units are remodeled. New tenants are on RUBS for water/sewer. Electric is separately metered. Adjacent Listing 4-Plex 621 N Fulton Avenue.

Property Facts

Price $525,000
Price Per Unit $52,500
Sale Type Investment
No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.15 AC
Building Size 9,360 SF
Average Occupancy 100%
No. Stories 2
Year Built 1919
Parking Ratio 1.07/1,000 SF
Cross Streets Oregon St
Opportunity Zone Yes
Zoning C-2

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Range
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Trash Pickup - Curbside
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 10 - -
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
82-06-19-029-093.007-029
Land Assessment
$7,900
Improvements Assessment
$223,600
Total Assessment
$231,500
  • Listing ID: 37635793

  • Date on Market: 9/11/2025

  • Last Updated:

  • Address: 613-615 N Fulton Ave, Evansville, IN 47710

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