1116 Southeast 1st Street

Evansville, IN 47713

$239,900
Price
3
Beds
4
Baths
2,940 Sq. Ft.
$82 / Sq. Ft.
2,940
Sq. Ft.
$82
per Sq. Ft.

Description

Beautiful 4 unit building located just a few blocks from Haynie's Corner. This home is fully occupied and brings in $2,725.00 per month. A brand new roof was installed in summer, 2023. 3-1 bedrooms and 1- efficiency apartment. Owner pays utilities but electric meters are currently separated. Two of the units have been completely renovated and updated and there is an additional 3rd floor space which could be an additional unit if an investor desired. This property offers a wonderful stabilized investment.Beautiful 4 unit building located just a few blocks from Haynie's Corner. This home is fully occupied and brings in $2,725.00 per month. A brand new roof was installed in summer, 2023. 3-1 bedrooms and 1- efficiency apartment. Owner pays utilities but electric meters are currently separated. Two of the units have been completely renovated and updated and there is an additional 3rd floor space which could be an additional unit if an investor desired. This property offers a wonderful stabilized investment.
  1. Listed by Lucas Neuffer • Pinnacle Realty Group

Property Details for 1116 Southeast 1st Street

Style
Three Story
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 11/20/2024 12:09 AM

Property Details for 1116 Southeast 1st Street

StatusActive
MLS #202425102
Days on Market136
Taxes$1,481 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fourplex
Year Built1889
Lot Size0.20 AC / 8,712 SF
CountyVanderburgh County

Building Information for 1116 Southeast 1st Street

Stories3Residences4Year Built1889Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 1116 Southeast 1st Street

Summary
Location and General Information
  • Area: Vanderburgh County
  • City: Evansville
  • Zip Code: 47713
  • State: IN
  • Township: Pigeon
  • Geo Latitude: 38
  • Geo Longitude: -88
  • Fips Code: 18163
  • Directions To Property: W on Washington, Right on 2nd, Left on College to Left on SE 1st
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 82-06-31-022-051.005-029
School Information
  • School District: Evansville-Vanderburgh School Corp.
  • Elementary: West Terrace
  • Middle School: Perry Heights
  • High School: Francis Joseph Reitz
Parking
  • Number Of Parking Spaces: 2
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fourplex
  • Approx Lot Size Acres: 0.2
  • Lot Dimensions: 43x156
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2940.0
  • Approx Lot Size Sqft: 8712.0
  • Above Grade Finished Sqft: 2940.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2940.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1889
  • Age: 135
  • Planned Unit Development: No
Utilities
  • Sewer: Public
  • Water Utility: Public
Interior and Exterior Features
Exterior Features
  • Amenities: Countertops-Laminate, Porch Open
  • Exterior: Asbestos
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 4
  • Number of Gas Meters: 1
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 4
  • Number of Refrigerators: 4
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Central Air, Heat Pump
  • Flooring: Vinyl, Wood
  • Heating/Fuel: Gas, Forced Air, Heat Pump
  • Stories: 3
  • Number of Above Grade Bedrooms: 3
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 3
  • Total Number of Full Baths: 4
  • Total Number of Half Baths: 0
  • Total Baths: 4
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 3
  • Num Of 2 Bedrooms: 0
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 1
  • Num of Units Rented: 4
  • Number of Buildings: 1
  • Number of Units: 4
Income & Expenses Information
  • Annual Electric Expense: $.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $32,700
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $24,019
  • Annual Property Tax: $1,481
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $7,200
  • Gross Monthly Income: $2,725
  • Gross Monthly Rent: $2,725
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 4
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Electric: Tenant
  • Unit 1-Garage: No
  • Unit 1-Gas: Owner
  • Unit 1-Lease Exp Date: 12-31-2024
  • Unit 1-Level: Main
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $850
Unit 2
  • Unit 2 SqFt: 500
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 0
  • Unit 2-Num of Rooms: 2
  • Unit 2-Currently Rented: Yes
  • Unit 2-Electric: Tenant
  • Unit 2-Gas: Owner
  • Unit 2-Level: Main
  • Unit 2-Rent Frequency: Monthly
  • Unit 2-Unit Number: B
  • Unit 2-Unit Rent $: $500
Unit 3
  • Unit 3 SqFt: 500
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Num of Rooms: 3
  • Unit 3-Currently Rented: Yes
  • Unit 3-Electric: Tenant
  • Unit 3-Gas: Owner
  • Unit 3-Level: Upper
  • Unit 3-Rent Frequency: Monthly
  • Unit 3-Unit Number: C
  • Unit 3-Unit Rent $: $600
Unit 4
  • Unit 4-Num of Bedrooms: 1
  • Unit 4-Num of Rooms: 4
  • Unit 4-Currently Rented: Yes
  • Unit 4-Electric: Tenant
  • Unit 4-Level: Upper
  • Unit 4-Unit Number: D
  • Unit 4-Unit Rent $: $775
Rental
Rental Information
  • Lease Term: Month to Month
  • Owner Pays: Heating, Water
  • Tenant Pays: Electric

Property History for 1116 Southeast 1st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1116 Southeast 1st Street

Taxable ValueLand$9,000Additions$59,200Total$68,200
Tax Record2023$1,481 ($123 / month)
Home Facts
Baths4Total Finished SqFt2,940 SqFtAbove Grade Finished SqFt2,940 SqFtStories2Lot Size6,708 SqFtStyleTriplexYear Built1889CountyVANDERBURGHAPN82-06-31-022-051.005-029

Schools near 1116 Southeast 1st Street

This home is within Evansville Vanderburgh Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 12
Public - K to 8
Public - K to 12
Public - K to 12
Rating
School
Distance
Benjamin Bosse High School
PublicPK to 12

Glenwood Leadership Academy
PublicK to 8

EVSC Virtual Academy
PublicK to 12

Academy For Innovative Studies
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1116 Southeast 1st Street is a multi-family home for sale in Evansville, IN 47713. This property was listed for sale on July 8, 2024 by Pinnacle Realty Group, it's currently listed at $239,900. It has been on the market for a total of 136 days and was last sold on May 15, 2020. This listing's school district is Evansville Vanderburgh Sch Corp. Nearby schools include Benjamin Bosse High School, Glenwood Leadership Academy and EVSC Virtual Academy. 1116 Southeast 1st Street is a 3-bed, 4-bath, 2,940 sqft multi-family home built in 1889.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Pinnacle Realty Group

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.