Active

613 615 N Fulton Avenue

Apartment Building • 126Y Old
$499,900 Listed 3 months ago
10 Bedrooms
10 Bathrooms
5105 sqft
0.14 Acres
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Property Description

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.

Directions

From Lloyd Expressway head north on Fulton Ave Property is located on the right.

Property
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
Room Dimensions
Family Room 595 × 595 Level
Kitchen 595 × 595 Level
4th Bedroom 10 × Level
5th Bedroom 10 × 10 Level
Bathroom Locations
Full Baths 10 Main
External Features
Construction Apartment Building
Lot Size 6,098 sq ft
Acreage 0.14 Acres
Lot Dimensions 50
Fence None
Location
Area Vanderburgh County
County Vanderburgh
Subdivision None
Township Pigeon
City Evansville
State IN
Zip 47710
Schools
School District Evansville-Vanderburgh School Corp.
Elementary Lincoln
Middle School Lincoln
High School Central
Financial
Assoc. Dues $0.00 Not Applicable
Assoc. Restrictions No
Contact

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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.