708 SE Third Street, Evansville, IN 47713
Local realty services provided by:ERA Crossroads
Listed by: evan birchCell: 812-215-1057
Office: exp realty, llc.
MLS#:202627087
Source:Indiana Regional MLS
Price summary
- Price:$235,000
- Price per sq. ft.:$82.17
About this home
This rent-ready fourplex in downtown Evansville offers a unique investment opportunity for a House-hack, short term, OR long term cash-flowing rental. It features 4 studio-style apartments, 3 of which are recently renovated - including LVP, updated bathrooms & kitchen. Those 3 units were previously generating $1200/month each as mid-term furnished rentals (often travel nurses). The other unit is occupied by a long-term, reliable month-to-month tenant. Live rent-free in one of the units while still cash-flowing from the others, rent them all short or mid term for higher profits, or rent them all long-term for a stabilized, low maintenance asset.
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Home facts
- Year built:1894
- Listing ID #:202627087
- Added:1 day(s) ago
- Updated:July 10, 2026 at 03:19 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Vinyl, Vinyl Tile
- Basement Description:Crawl
- Living area:2,860 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Gas
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:1894
- Building area:2,860 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Level
- Architectural Style:Two Story
- Construction Materials:Vinyl
- Exterior Features:Porch Covered
- Levels:2 Stories
Schools
- High school:Francis Joseph Reitz
- Middle school:Perry Heights
- Elementary school:West Terrace
Utilities
- Water:Public
- Sewer:Public
Finances and disclosures
- Price:$235,000
- Price per sq. ft.:$82.17
- Tax amount:$3,300
Features and amenities
- Amenities:Balcony
Parking
- Parking description:Street Parking
- Garage spaces:1
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