Turn-key investment opportunity! This well-maintained two-story 10-plex features ten 1 bed / 1 bath units, with 9 of the 10 units already updated—offering immediate cash flow from day one. The property has seen major recent improvements, including a brand-new roof installed within the past 2 months. Each unit is separately metered for electric, with tenants responsible for their own usage, helping keep operating costs low. All tenants have been switched over to RUBS for water and sewer, providing additional income upside. The property also offers some off-street and on-street parking, a valuable amenity for tenants. With strong in-place rents, minimal deferred maintenance, and additional value-add potential through RUBS, this is an ideal addition to any investor’s portfolio.
From Lloyd Expressway head north on Fulton Ave Property is located on the right.
| MLS # | 202622893 |
|---|---|
| Date Listed | 2026-06-11 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Apartment Building |
| Square Feet | 5,105 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Apartment Building |
| Bedrooms | 10 |
| Bathrooms | 10 |
| Annual Taxes | $2,100.00 |
| Year Taxes Payable | 5012.28 |
| Year Built | 1900 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 114 |
| Homestead Year | No |
| Family Room | 595 × 595 | Level |
| Kitchen | 595 × 595 | Level |
| 4th Bedroom | 10 × | Level |
| 5th Bedroom | 10 × 10 | Level |
| Full Baths | 10 Main |
| Construction | Apartment Building |
|---|---|
| Lot Size | 6,098 sq ft |
| Acreage | 0.14 Acres |
| Lot Dimensions | 50 |
| Fence | None |
| Area | Vanderburgh County |
|---|---|
| County | Vanderburgh |
| Subdivision | None |
| Township | Pigeon |
| City | Evansville |
| State | IN |
| Zip | 47710 |
| School District | Evansville-Vanderburgh School Corp. |
|---|---|
| Elementary | Lincoln |
| Middle School | Lincoln |
| High School | Central |
| Assoc. Dues | $0.00 Not Applicable |
|---|---|
| Assoc. Restrictions | No |
MLS# 202622893
Listing Provided Courtesy of Jeremy Outlaw
Catanese Real Estate
Listing updated September 11, 2026 at 1:30 pm
Last checked 15 minutes ago
IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.