216 Oak Street, Evansville, IN 47713

Local realty services provided by:ERA Crossroads
216 Oak Street,Evansville, IN 47713
$145,000
  • 5 Beds
  • 5 Baths
  • 2,924 sq. ft.
  • Multi-family
  • Active
Listed by:mitch isbellCell: 812-499-0878
Office:re/max revolution
MLS#:202513781
Source:Indiana Regional MLS

Price summary

  • Price:$145,000
  • Price per sq. ft.:$49.59

About this home

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.

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Home facts

  • Year built:1869
  • Listing Id #:202513781
  • Added:115 day(s) ago
  • Updated:August 14, 2025 at 03:03 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:5
  • Full bathrooms:5
  • Living area:2,924 sq. ft.

Heating and cooling

  • Cooling:Window
  • Heating:Gas, Radiator

Structure and exterior

  • Year built:1869
  • Building area:2,924 sq. ft.
  • Lot area:0.12 Acres

Schools

  • High school:Francis Joseph Reitz
  • Middle school:Perry Heights
  • Elementary school:Tekoppel

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$145,000
  • Price per sq. ft.:$49.59
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2025 Indiana Regional MLS LLC.