613 615 N Fulton Avenue, Evansville, IN 47710
Local realty services provided by:ERA First Advantage Realty, Inc.
Listed by: jeremy outlaw
Office: catanese real estate
MLS#:202622893
Source:Indiana Regional MLS
Price summary
- Price:$525,000
- Price per sq. ft.:$102.84
About this home
Turn-key investment opportunity! This well-maintained two-story 10-plex features ten 1 bed / 1 bath units, with 9 of the 10 units already updated—offering immediate cash flow from day one. The property has seen major recent improvements, including a brand-new roof installed within the past 2 months. Each unit is separately metered for electric, with tenants responsible for their own usage, helping keep operating costs low. Most tenants have been switched over to RUBS for water and sewer, providing additional income upside. The property also offers some off-street and on-street parking, a valuable amenity for tenants. With strong in-place rents, minimal deferred maintenance, and additional value-add potential through RUBS, this is an ideal addition to any investor’s portfolio.
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Home facts
- Year built:1900
- Subdivision & Development:None
- Listing ID #:202622893
- Added:56 day(s) ago
- Updated:August 07, 2026 at 03:39 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:10
- Full bathrooms:10
- Flooring:Carpet, Vinyl
- Living area:5,105 sq. ft.
Heating and cooling
- Cooling:Window
- Heating:Forced Air
Structure and exterior
- Year built:1900
- Building area:5,105 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Level
- Architectural Style:Two Story
- Construction Materials:Block, Brick
- Levels:2 Stories
Schools
- High school:Central
- Middle school:Lincoln
- Elementary school:Lincoln
Utilities
- Water:City, Public
- Sewer:City, Public
Finances and disclosures
- Price:$525,000
- Price per sq. ft.:$102.84
- Tax amount:$2,100
Features and amenities
- Amenities:Ceiling-9+
Parking
- Garage spaces:1
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