This rent-ready fourplex in downtown Evansville offers a unique investment opportunity for a House-hack, short term, OR long term cash-flowing rental. It features 4 studio-style apartments, 3 of which are recently renovated - including LVP, updated bathrooms & kitchen. Those 3 units were previously generating $1200/month each as mid-term furnished rentals (often travel nurses). The other unit is occupied by a long-term, reliable month-to-month tenant. Live rent-free in one of the units while still cash-flowing from the others, rent them all short or mid term for higher profits, or rent them all long-term for a stabilized, low maintenance asset.
OUTLOT 4 IN UPPER ENL PT LTS 6 & 7
| MLS # | 202627087 |
|---|---|
| Date Listed | 2026-07-08 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Fourplex |
| Square Feet | 2,860 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Fourplex |
| Bedrooms | 4 |
| Bathrooms | 1 |
| Annual Taxes | $3,300.00 |
| Year Taxes Payable | 2026 |
| Year Built | 1894 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 87 |
| Homestead Year | No |
| Family Room | 495 × 950 | Level |
| Kitchen | 1100 × | Level |
| 4th Bedroom | 4 × 4 | Level |
| 5th Bedroom | 4 × 4 | Level |
| Full Baths | 4 Main |
| Construction | Fourplex |
|---|---|
| Lot Size | 2,614 sq ft |
| Acreage | 0.06 Acres |
| Lot Dimensions | 38 x 65 |
| Fence | None |
| Area | Vanderburgh County |
|---|---|
| County | Vanderburgh |
| Subdivision | None |
| Township | Pigeon |
| City | Evansville |
| State | IN |
| Zip | 47713 |
| School District | Evansville-Vanderburgh School Corp. |
|---|---|
| Elementary | West Terrace |
| Middle School | Perry Heights |
| High School | Francis Joseph Reitz |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202627087
Listing Provided Courtesy of Evan Birch
eXp Realty, LLC
Cell: 812-215-1057
Listing updated August 1, 2026 at 1:45 pm
Last checked 7 minutes ago
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