216 Oak St, Evansville, IN 47713

$100,000
5
BD
5
BA
2,924
SqFt

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Listing courtesy of Mitch Isbell from RE/MAX REVOLUTION. Cell: 812-499-0878

Selling Office: eXp Realty, LLC.

Sold Price
$100,000
List Price
$110,000
Status
CLOSED
MLS#
202513781
Closing Date
Dec 31, 2025
Year Built
1869
Days On Market
Unknown
Bedrooms
5
Bathrooms
5
Living Area
2,924
Township
Pigeon
Subdivision
Eastern

Property Description

Opportunity knocks with this 5-unit multifamily property in downtown Evansville, near the Haynies Corner arts district, the Riverfront and less than a mile away from the IU School of Medicine. This Fiveplex includes: two 2 bed/1 bath units, two 1 bed/1bath units and a studio apartment. This property needs significant TLC to bring it back to life but has huge upside potential for the right investor. None of the units are currently rented, offering a clean slate for renovations. Owner currently pays all utilities. Off street parking is available for tenants at the rear of the property. Possession at closing and property is sold as is.

Additional Information

Acres
0.12
Taxes
$2,147
Lot Features
Level
Water
City
Heating
Natural Gas, Radiator(s)
Cooling
Window/Wall
Flooring
Vinyl
School District
Evansville-Vanderburgh School Corp.
Elementary School
Tekoppel
Middle School
Perry Heights
High School
Francis Joseph Reitz
Agent Name
Mitch Isbell

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.


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