216 Oak Street

Evansville, IN 47713

$226,900
Price
6
Beds
5
Baths
2,924 Sq. Ft.
$78 / Sq. Ft.
2,924
Sq. Ft.
$78
per Sq. Ft.

Description

In the center of all the excitement that Downtown and Haynie's Corner has to offer sits an amazing investment opportunity at 216 Oak Street. This five unit is ready for a new owner. The building has a newer roof, some new windows, a beautiful two story porch and off street parking available for tenants. This building is within walking distance of the Evansville Riverfront, Haynie's Corner Art's District, as well as Main Street. While it is currently vacant, the opportunity is here to earn than $3,000...In the center of all the excitement that Downtown and Haynie's Corner has to offer sits an amazing investment opportunity at 216 Oak Street. This five unit is ready for a new owner. The building has a newer roof, some new windows, a beautiful two story porch and off street parking available for tenants. This building is within walking distance of the Evansville Riverfront, Haynie's Corner Art's District, as well as Main Street. While it is currently vacant, the opportunity is here to earn than $3,000 a month once fully occupied.
  1. Listed by Lucas Neuffer • Pinnacle Realty Group

Property Details for 216 Oak Street

Style
Two Story
Subdivision
Eastern
Waterfront
No
Pet Restrictions
No
LISTING UPDATED: 11/26/2024 06:40 AM

Property Details for 216 Oak Street

StatusActive
MLS #202431645
Days on Market124
Taxes$1,500 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Fiveplex
Year Built1869
Lot Size0.10 AC / 4,356 SF
CountyVanderburgh County

Building Information for 216 Oak Street

Stories2Residences5Year Built1869Building Size-Lot Size0.10 AC / 4,356 SF

Property Information for 216 Oak 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: East on Mulberry, Right on Oak, House on Right
Taxes and HOA
  • Assoc Dues Frequency: Not Applicable
  • Year Taxes Payable: 2024
  • Parcel Number Id: 82-06-30-020-050.018-029
School Information
  • School District: Evansville-Vanderburgh School Corp.
  • Elementary: Tekoppel
  • Middle School: Perry Heights
  • High School: Francis Joseph Reitz
Parking
  • Number Of Parking Spaces: 4
Property
Lot Information
  • Class: INVESTMENT
  • Property Subtype: Fiveplex
  • Approx Lot Size Acres: 0.1
  • Lot Dimensions: 37x144
  • Below Grade Unfin Sqft: 0.0
  • Total Square Feet: 2924.0
  • Approx Lot Size Sqft: 4356.0
  • Above Grade Finished Sqft: 2924.0
  • Below Grade Finished Sqft: 0.0
  • Total Below Grade Sqft: 0.0
  • Total Finished Sqft: 2924.0
  • Above Grade Unfin Sqft: 0.0
  • Lot Description: Level
Property and Assessments
  • New Construction: No
  • Year Built: 1869
  • Age: 155
  • Planned Unit Development: No
Utilities
  • Sewer: Public
  • Water Utility: Public
Interior and Exterior Features
Exterior Features
  • Amenities: Storm Doors
  • Exterior: Aluminum
  • Outbuilding: None
  • Platted: Yes
  • Pool: No
Interior Features
  • Number of Electric Meters: 1
  • Number of Gas Meters: 2
  • Number of Dishwashers: 0
  • Number of Disposals: 0
  • Number of Dryers: 0
  • Number of Microwaves: 0
  • Number of Ranges/Ovens: 0
  • Number of Refrigerators: 0
  • Number of W/D Hookups: 1
  • Number of Washers: 0
  • Number Water Meters: 1
  • Basement Material: Brick
  • Basement: Yes
  • Basement/Foundation: Partial Basement
  • Cooling: Window
  • Flooring: Vinyl
  • Heating/Fuel: Gas, Radiator
  • Stories: 2
  • Number of Above Grade Bedrooms: 6
  • Number of Below Grade Baths: 0
  • Number of Below Grade Bedrooms: 0
  • Total Number of Bedrooms: 6
  • Total Number of Full Baths: 5
  • Total Number of Half Baths: 0
  • Total Baths: 5
  • Number Total Rooms Below Grade: 0
  • Num Of 1 Bedrooms: 2
  • Num Of 2 Bedrooms: 2
  • Num Of 3 Bedrooms: 0
  • Num Of 4 Bedrooms: 0
Multi Family
Multi-Family Information
  • Num of Efficiencies: 1
  • Num of Units Rented: 0
  • Number of Units: 5
Income & Expenses Information
  • Annual Electric Expense: $12,000.00
  • Annual Fuel Expense: $.00
  • Annual Gross Rent $: $0
  • Annual Insurance Expense: $0
  • Annual Maint. Expense: $0
  • Annual Misc: $0
  • Annual Net Income: $-15,900
  • Annual Property Tax: $1,500
  • Annual Trash Expense: $0
  • Annual Water/Sewer Exp: $2,400
  • Gross Monthly Income: $0
  • Gross Monthly Rent: $0
Unit Information
Unit 1
  • Unit 1-Num of Bathrooms: 1
  • Unit 1-Num of Bedrooms: 1
  • Unit 1-Currently Rented: No
  • Unit 1-Level: Main
  • Unit 1-Unit Number: 1
Unit 2
  • Unit 2-Num of Bathrooms: 1
  • Unit 2-Num of Bedrooms: 2
  • Unit 2-Electric: Owner
  • Unit 2-Gas: Owner
  • Unit 2-Level: Main
  • Unit 2-Unit Number: 2
Unit 3
  • Unit 3-Num of Bathrooms: 1
  • Unit 3-Num of Bedrooms: 1
  • Unit 3-Level: Upper
  • Unit 3-Unit Number: 3
Unit 4
  • Unit 4-Num of Bedrooms: 2
  • Unit 4-Level: Upper
  • Unit 4-Unit Number: 4
Unit 5
  • Unit 5-Num of Bedrooms: 0
  • Unit 5-Level: Main
  • Unit 5-Unit Number: 5
Rental
Rental Information
  • Lease Term: 1 Year
  • Owner Pays: Building Insurance, Cooling, Electric, Fuel, Tax, Trash Collection
  • Tenant Pays: None

Property History for 216 Oak 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 216 Oak Street

Taxable ValueLand$7,700Additions$88,700Total$96,400
Tax Record2023$2,559 ($213 / month)
Home Facts
Baths5Total Finished SqFt2,924 SqFtAbove Grade Finished SqFt2,924 SqFtStories2Lot Size5,328 SqFtStyleTriplexYear Built1869CountyVANDERBURGHAPN82-06-30-020-050.018-029

Schools near 216 Oak 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.

Similar Homes

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216 Oak Street is a multi-family home for sale in Evansville, IN 47713. This property was listed for sale on August 19, 2024 by Pinnacle Realty Group, it's currently listed at $226,900. It has been on the market for a total of 124 days and was last sold on January 31, 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. 216 Oak Street is a 6-bed, 5-bath, 2,924 sqft multi-family home built in 1869.

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.