213 Cherry Street

Evansville, IN 47713

$299,000
Price
5
Beds
3
Baths
2,604 Sq. Ft.
$115 / Sq. Ft.
2,604
Sq. Ft.
$115
per Sq. Ft.

Description

Hurry! Here's your chance to own a piece of history and join the downtown Evansville community. Beautiful and updated triplex in close proximity to downtown growth, events, restaurants, and more! Live in one unit and rent out the other two or simply buy this as an investment opportunity. Two units have 2 bedrooms and one bathroom while the other is a one bedroom, one bathroom expanding two stories. Currently two units are leased and the other, which was the owner's unit, is vacant. Off street parking...Hurry! Here's your chance to own a piece of history and join the downtown Evansville community. Beautiful and updated triplex in close proximity to downtown growth, events, restaurants, and more! Live in one unit and rent out the other two or simply buy this as an investment opportunity. Two units have 2 bedrooms and one bathroom while the other is a one bedroom, one bathroom expanding two stories. Currently two units are leased and the other, which was the owner's unit, is vacant. Off street parking spaces in the back. Commercial washer and dryer located on main floor provided by building owner. Owner pays all water, sewer, and trash for a monthly average of $231 for entire building. Gas/electric monthly average is $103 for common area including laundry facility. New in 2016-all windows, washer/dryer, Unit C HVAC. New in 2019-roof and Unit A HVAC. Don't let this historic lucrative investment prospect pass you by!
  1. Listed by Deanne Naas • F.C. TUCKER EMGE

Property Details for 213 Cherry Street

Style
Two Story
Architectural Style
Foursquare
Subdivision
None
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 12/09/2024 02:05 PM

Property Details for 213 Cherry Street

StatusActive
MLS #202434891
Days on Market103
Taxes$2,425 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Triplex
Year Built1849
Lot Size0.08 AC / 3,485 SF
CountyVanderburgh County

Building Information for 213 Cherry Street

Stories2Residences3Year Built1849Building Size-Lot Size0.08 AC / 3,485 SF

Property Information for 213 Cherry Street

Summary
Location and General Information
  • Area: Vanderburgh County
  • City: Evansville
  • Zip Code: 47713
  • City Zoning: R-3 Multiple Residential
  • State: IN
  • Township: Pigeon
  • Geo Latitude: 38
  • Geo Longitude: -88
  • Inside City Limits: Yes
  • Fips Code: 18163
  • Directions To Property: From Lloyd Expressway, take Division Street exit, left on S Governor Street, right onto E Cherry Street, property will be on left just after SE 3rd Street.
  • Location: City/Town/Suburb
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Assoc Restrictions: No
  • Year Taxes Payable: 2024
  • Parcel Number Id: 82-06-30-020-050.007-029
School Information
  • School District: Evansville-Vanderburgh School Corp.
  • Elementary: Tekoppel
  • Middle School: Helfrich
  • High School: Francis Joseph Reitz
Parking
  • Number Of Parking Spaces: 3
  • Parking: Gravel, Off Street
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Triplex
  • Approx Lot Size Acres: 0.08
  • Lot Dimensions: 25 x 144
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2604.0
  • Approx Lot Size Sqft: 3485.0
  • Above Grade Finished Sqft: 2604.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2604.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1849
  • Age: 175
  • Planned Unit Development: No
Green Features
  • Exemptions: Homestead
Utilities
  • Electric Company: CenterPoint Energy
  • Gas Company: CenterPoint Energy
  • Sewer: City
  • Water Company: Evansville Water & Sewer
  • Water Utility: City
Interior and Exterior Features
Exterior Features
  • Amenities: Basement, Off Street Parking
  • Common Amenities: Laundry Facilities
  • Exterior: Brick
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
  • Roof Material: Shingle
Interior Features
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 1
  • Number of Microwaves: 3
  • Number of Ranges/Ovens: 3
  • Number of Refrigerators: 3
  • Number of W/D Hookups: 1
  • Number of Washers: 1
  • Basement: Yes
  • Basement/Foundation: Unfinished
  • Cooling: Central Air
  • Flooring: Laminate
  • Heating/Fuel: Forced Air
  • Stories: 2
  • Number of Above Grade Bedrooms: 5
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 5
  • Total Number of Full Baths: 3
  • Total Number of Half Baths: 0
  • Total Baths: 3
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 1
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 0
  • Num of Units Rented: 3
  • Number of Buildings: 1
  • Number of Units: 3
Income & Expenses Information
  • Annual Electric Expense: $1,237.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $31,200
  • Annual Insurance Expense: $2,297
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $22,472
  • Annual Property Tax: $2,425
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $2,769
  • Gross Monthly Income: $2,600
  • Gross Monthly Rent: $2,600
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Num of Rooms: 3
  • Unit 1-Basement: No
  • Unit 1-Currently Rented: Yes
  • Unit 1-Garage: No
  • Unit 1-Lease Exp Date: 01-19-2025
  • Unit 1-Level: Main
  • Unit 1-Unit Number: A
  • Unit 1-Unit Rent $: $800
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Num of Rooms: 4
  • Unit 2-Basement: No
  • Unit 2-Currently Rented: Yes
  • Unit 2-Garage: No
  • Unit 2-Lease Exp Date: 07-06-2025
  • Unit 2-Level: Main
  • Unit 2-Unit Number: B
  • Unit 2-Unit Rent $: $900
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 2
  • Unit 3-Num of Rooms: 4
  • Unit 3-Basement: No
  • Unit 3-Currently Rented: Yes
  • Unit 3-Garage: No
  • Unit 3-Level: Upper
  • Unit 3-Unit Number: C
  • Unit 3-Unit Rent $: $900
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Water
  • Tenant Pays: Electric, Heating

Property History for 213 Cherry 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 213 Cherry Street

Taxable ValueLand$5,200Additions$137,800Total$143,000
Tax Record2023$2,425 ($202 / month)
Home Facts
Baths3Total Finished SqFt2,604 SqFtAbove Grade Finished SqFt2,604 SqFtStories2Lot Size3,600 SqFtStyleDuplexYear Built1849CountyVANDERBURGHAPN82-06-30-020-050.007-029

Schools near 213 Cherry Street

This home is within Evansville Vanderburgh Sch Corp.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Tekoppel Elementary School
PublicK to 5

Helfrich Park Stem Academy
Public6 to 8

Francis Joseph Reitz High School
Public9 to 12

EVSC Virtual Academy
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.

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213 Cherry Street is a multi-family home for sale in Evansville, IN 47713. This property was listed for sale on September 10, 2024 by F.C. TUCKER EMGE, it's currently listed at $299,000. It has been on the market for a total of 103 days and was last sold on March 4, 2022. This listing's school district is Evansville Vanderburgh Sch Corp. Nearby schools include Tekoppel Elementary School, Helfrich Park Stem Academy and Francis Joseph Reitz High School. 213 Cherry Street is a 5-bed, 3-bath, 2,604 sqft multi-family home built in 1849.

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Listing Courtesy of F.C. TUCKER EMGE

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