Listing courtesy of eXp Realty, LLC · Listing agent: Mark Albini · cell: 812-266-0536
21 E Chandler Avenue
Evansville, IN 47713
Original price $360,000 · Price reduced on August 23, 2026
- Basement
- Bedrooms
- 7
- Bathrooms
- 7
- Living area
- 3,827 sq ft
- Lot
- 0.21 ac
- Year built
- 1939
- Type
- Apartment
- Listed
- April 29, 2026
- MLS #
- 202615557
About this home
Here is your chance to purchase this beautiful, historic apartment building in the heart of downtown Evansville, right near the edge of Haynie's Corner. This property has so much potential for increased rents and increased value. This building features 9 units: 7 apartment units and 2 garage units rented out for storage. Every unit is currently rented. Some units have undergone light remodeling. Most units are rented well under market value and are prime for steady rent increases or possible short- to mid-term rentals. Rents: Apt A $695/mo, Apt B $731.50/mo, Apt C $709.50/mo, Apt D $650/mo, Apt E $595/mo, Apt F $599.50/mo, Apt G $650/mo, Garage Unit 1 $25/mo, Garage Unit 2 $50/mo. This totals $4,705.50 per month. Average water/sewer/trash utilities run $600–$700/mo. Average electric/gas utilities run $600–$800/mo depending on the season.
Monthly payment estimate
$2,315/mo
- Principal & interest
- $1,888
- Property taxes
- $326
- Homeowners insurance
- $101
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2025 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
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Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 3,827 sq ft
- Finished area above grade
- 3,827 sq ft
- Bedrooms above grade
- 7
- Basement
- Partial
- Flooring
- Carpet, Tile, Vinyl
- Heating
- Natural Gas
- Cooling
- Window Unit(s), Multiple Cooling Units
- Amenities
- Ceiling Fan, Cable Available, Porch Covered
Exterior & parking
- Construction
- Vinyl Siding, Wood Siding
- Private pool
- No
- Other structures
- Detached Garage
- Outbuilding 1
- 496 sq ft
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.21 ac
- Lot dimensions
- 184x50
- County
- Vanderburgh County
- Township
- Pigeon
- Platted
- Yes
- Planned unit development
- No
- Directions
- North on Veterans Memorial Pkway (river front area), East / South East on Water St, North East on Chandler Ave, the property will be on the S Side of the road.
Schools
- Elementary school
- West Terrace
- Middle school
- Perry Heights
- High school
- Francis Joseph Reitz
- School district
- Evansville-Vanderburgh School Corp.
Taxes & terms
- Annual taxes
- $3,910
- Tax year
- 2025
- Possession
- Immediate
- Parcel number
- 82-06-29-021-070.008-029
Included in the sale
- Included in sale
- Building,Land
Utilities
- Water
- City, Public
- Sewer
- Public Sewer
Income & commercial
- Units
- 9
- Annual gross rent
- $56,466
- Net operating income
- $34,706
- Lease term
- 12 Months
- Parking spaces
- 8
- Pets allowed
- No
- Insurance (annual)
- $1,650
- Water & sewer (annual)
- $7,800
- Electric (annual)
- $8,400
Location
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800 Line Street
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- 4 beds
- 4 baths
- 2,948 sq ft
Listing courtesy of eXp Realty, LLC
