$186,000
216 Oak Street
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.
From Riverside turn on Cherry, right on 3rd, right on Oak, building is on the right
Map to 216 Oak Street, Evansville, IN 47713
MLS #
202513781
Date Listed
2025-04-21
Status
Active
Property Type
Investment
Property SubType
Fiveplex
Square Feet
2924 sqft
New Construction
No
Style
Two Story
Type
Fiveplex
Basement
Yes
Bedrooms
5
Bathrooms
5
Year Taxes Payable
2025
Year Built
1869
Virtual Tour
propertypanorama.com »
Days on Market
6
Room Dimensions
Living Room
2 × 0
Level
4th Bedroom
1 × 1
Level
Bathroom Locations
Full Baths
5 Main
External Features
Construction
Fiveplex
Lot Size
5,227 sq ft
Acreage
0.12 Acres
Lot Dimensions
37 x 144
Fence
None
Location
Area
Vanderburgh County
County
Vanderburgh
Subdivision
Eastern
Township
Pigeon
City
Evansville
State
IN
Zip
47713
Schools
School District
Evansville-Vanderburgh School Corp.
Elementary
Tekoppel
Middle School
Perry Heights
High School
Francis Joseph Reitz
Financial
Assoc. Dues
$0.00 Not Applicable
| MLS # | 202513781 |
|---|---|
| Date Listed | 2025-04-21 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Fiveplex |
| Square Feet | 2924 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Fiveplex |
| Basement | Yes |
| Bedrooms | 5 |
| Bathrooms | 5 |
| Year Taxes Payable | 2025 |
| Year Built | 1869 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 6 |
| Living Room | 2 × 0 | Level |
| 4th Bedroom | 1 × 1 | Level |
| Full Baths | 5 Main |
| Construction | Fiveplex |
|---|---|
| Lot Size | 5,227 sq ft |
| Acreage | 0.12 Acres |
| Lot Dimensions | 37 x 144 |
| Fence | None |
| Area | Vanderburgh County |
|---|---|
| County | Vanderburgh |
| Subdivision | Eastern |
| Township | Pigeon |
| City | Evansville |
| State | IN |
| Zip | 47713 |
| School District | Evansville-Vanderburgh School Corp. |
|---|---|
| Elementary | Tekoppel |
| Middle School | Perry Heights |
| High School | Francis Joseph Reitz |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202513781
IDX information provided by the Indiana Regional MLS.
IDX 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. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Mitch Isbell
RE/MAX REVOLUTION
Cell: 812-499-0878
Listing updated April 25, 2025 at 7:00 pm
Last checked 6 minutes ago
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