Listing courtesy of Midwest Land & Lifestyle, LLC · Listing agent: William Hitch

Virtual tour
PendingFourplex

1908 W Indiana Street

$197,000

$49.65 / sq ft

Evansville, IN 47712Lamasco

  • Basement
  • Energy efficient
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Bedrooms
8
Bathrooms
4
Living area
3,968 sq ft
Lot
0.14 ac
Year built
1919
Type
Fourplex
Listed
September 18, 2026
MLS #
202638651

About this home

This west side four-plex is an awesome investment opportunity in today's real estate market. The building offers four 2 BR/ 1 bath apartments with separate utilities except water. Each unit has central A/C and heat with a stove and refrigerator. Three units have washer & dryer hook-up (one has a washer& dryer), all with 100 amp services. The units also have all new wiring and mostly new plumbing. Units are all well insulated and have newer HVAC services as well. Roof is only 2 yrs old! Owner pays water & trash pick-up. Over a 90% occupancy rate for the past 20 years with current rent income at $2375 monthly. Good profit, loyal renters, great business.

Property details

Interior

Levels
Two
Stories
2
Total area
4,118 sq ft
Finished area above grade
3,968 sq ft
Unfinished area below grade
150 sq ft
Main level
1,984 sq ft
Upper level
1,984 sq ft
Below grade total
150 sq ft
Bedrooms above grade
8
Basement
Partial, Unfinished, Outside Entrance
Flooring
Carpet, Laminate, Vinyl
Heating
Natural Gas, Forced Air
Cooling
Central Air
Amenities
Ceiling Fan, Off Street Parking, Cable Available, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Landscaped, Porch Open, Storm Windows, Water Heater Electric, Water Heater Gas, Washer Hook-Up

Exterior & parking

Style
Foursquare
Construction
Vinyl Siding
Roof
Rubber
Foundation
Brick/Mortar
Parking
Gravel, On Street
Private pool
No
New construction
No
Energy-efficient features
HVAC, Insulation

Waterfront & lake

Waterfront
No

Lot

Subdivision
Lamasco
Lot features
Level
Lot size (acres)
0.14 ac
Lot dimensions
50 x 119
Location type
City/Town/Suburb
County
Vanderburgh County
Township
Perry
Road frontage
City Street
Road surface
Paved
Platted
Yes
Planned unit development
No
Directions
From W Franklin, south on Flag Blvd to east on W Indiana

Schools

Elementary school
Cynthia Heights
Middle school
Helfrich
High school
Francis Joseph Reitz
School district
Evansville-Vanderburgh School Corp.

HOA & community

HOA fee
$0
Community amenities
Sidewalks

Taxes & terms

Annual taxes
$1,461
Tax year
2026
Listing terms
Cash, Conventional, Purchase Money Mortgage
Possession
Neg
Parcel number
82-05-24-030-046.017-029

Included in the sale

Included in sale
Building,Land

Utilities

Water
City
Sewer
Public Sewer
Electric provider
CenterPoint Energy
Gas provider
CenterPoint Energy
Water provider
Evansville Water & Sewer

Income & commercial

Units
4
Annual gross rent
$28,500
Net operating income
$21,451
Parking spaces
6
Pets allowed
Yes
Tenant pays
Cable TV, Electricity, Heat
Electric meters
4
Gas meters
4
Water meters
1
Insurance (annual)
$1,300
Water & sewer (annual)
$2,788
Maintenance (annual)
$1,500

Location

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$197,000

8 beds · 4 baths