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Denise Jarboe

denise@theharrisgrouprealty.com +1(270) 993-6433

Listed by Ashley Riordan-Elpers • Rental Property Realty

$895,000

Est. payment - /mo

15 Beds

11 Baths

8,327 SqFt

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Key Details

Property Type Other Types

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,327 sqft

MLS Listing ID IRM202631399

Bedrooms 15

Full Baths 11

HOA Y/N No

Year Built 1919

Annual Tax Amount $12,432

Tax Year 2026

Lot Size 0.390 Acres

Acres 0.39

Lot Dimensions 112.5 x 150

Property Sub-Type Multi Family

Property Description

Rare opportunity to purchase three properties on one parcel—509, 509.5 and 511 SE First Street—offered together with a total of 11 doors. Located in Evansville's Historic District, the properties offer convenient access to Downtown Evansville, the riverfront and nearby amenities. Currently at 90% occupancy rate. The portfolio has seen several recent improvements, including a newer roof at 509.5 and a recently replaced roof and soffits at 511. A great opportunity for an investor looking to add multiple doors to their portfolio in an established Evansville location and is currently professionally managed.

Location

State IN

County Vanderburgh County

Rooms

Basement Partial

Interior

Heating Natural Gas, Forced Air

Inclusions Building, Business, Land, Lease

Fireplace N

Exterior

View Y/N true

Total Parking Spaces 2

Building

Lot Description Level, Historic Designation

Story Other

Sewer Public Sewer

Water City

Level or Stories Other

New Construction No

Schools

Elementary Schools West Terrace

Middle Schools Perry Heights

High Schools Francis Joseph Reitz

School District Evansville-Vanderburgh School Corp.

Others

Pets Allowed No

Tax ID 82-06-30-020-075.009-029

Acceptable Financing IRM202631399

Listing Terms IRM202631399

Special Listing Condition None

Pets Allowed No

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Denise Jarboe

+1(270) 993-6433

Broker Associate License ID: RB20000819

509 SE First ST Evansville, IN 47713

Denise Jarboe

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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