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309 E Michigan Street
Investment opportunity!! Multi-Family Apartment Package Deal! 11 Total Units! 309 E Michigan St, Evansville, IN is part of a package deal with 705 707 N Fourth Ave, Evansville, IN & 324 E Moore St, Boonville, IN for a total of $520,000.00 309 E Michigan St is a 4 unit apartment building. These are all tenant occupied rental properties that are professionally managed. The photos are when the property was vacant to keep the privacy of the tenants. Apartment 1 - $480/month | Apartment 2 - $654.50/month | Apartment 3 - Currently Vacant/For Rent(estimated market rent $525/month) | Apartment 4 - $650/month Landlord pays for Water/Sewer/Trash. Tenants pay for their own electric and gas. Each unit has their own furnace and water heater.
W on the Lloyd, N on Heidelbach, E on E Michigan, Property will be on the S side of the road.
| MLS # | 202637032 |
|---|---|
| Date Listed | 2026-09-08 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Fourplex |
| Finished Square Feet | 2,564 sqft |
| Total Square Feet | 3,786 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Fourplex |
| Basement | Yes |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Annual Taxes | $850.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1889 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 25 |
| Homestead Year | No |
| Family Room | 65450 × 525 | Level |
| Kitchen | 650 × | Level |
| 4th Bedroom | 4 × 4 | Level |
| 5th Bedroom | 4 × 4 | Level |
| Full Baths | 4 Main |
| Construction | Fourplex |
|---|---|
| Lot Size | 3,049 sq ft |
| Acreage | 0.07 Acres |
| Lot Dimensions | 127x25 |
| Fence | None |
| Area | Vanderburgh County |
|---|---|
| County | Vanderburgh |
| Subdivision | None |
| Township | Pigeon |
| City | Evansville |
| State | IN |
| Zip | 47711 |
| School District | Evansville-Vanderburgh School Corp. |
|---|---|
| Elementary | Lincoln |
| Middle School | Lincoln |
| High School | Central |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202637032
Listing Provided Courtesy of Mark Albini
eXp Realty, LLC
cell: 812-266-0536
Listing updated September 8, 2026 at 6:15 pm
Last checked 10 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.