Listing courtesy of eXp Realty, LLC · Listing agent: Mark Albini · cell: 812-266-0536

Virtual tour
ActiveTriplex

705 707 N Fourth Avenue

$173,333

$68.24 / sq ft

Est. $1,106/mo

Evansville, IN 47710

Bedrooms
4
Bathrooms
3
Living area
2,540 sq ft
Lot
0.09 ac
Year built
1914
Type
Triplex
Listed
September 8, 2026
MLS #
202637033

About this home

Investment opportunity!! Multi-Family Apartment Package Deal! 11 Total Units! 705 707 N Fourth Ave, Evansville, IN is part of a package deal with 309 E Michigan St, Evansville, IN & 324 E Moore St, Boonville, IN for a total of $520,000.00. 705 707 N Fourth Ave is a 3 unit apartment building. These are all tenant occupied rental properties that are professionally managed. The photos are when the property was vacant to keep the privacy of the tenants. Apartment 705 (downstairs) - $650/month | Apartment 707 (downstairs) - $740/month | Apartment 705 #A (upstairs) - Currently Vacant/For Rent(estimated market rent $675/month) 705 - Tenant pays for Electric. Landlord pays for Water/Sewer/Trash 705 #A - Tenant pays for Electric. Landlord pays for Water/Sewer/Trash 707 - Tenant pays for Electric and Water/Sewer/Trash This also includes vacant lot to the N of the property. This lot is within the fenced in area of the apartment and considered the yard. The address for the lot is 709 N Fourth Ave, Evansville, IN Parcel # 82-06-19-029-102.007-029 | This building has many new upgrades within the past 3 years, such as new windows, roof, exterior doors, flooring, bathrooms, paint, and much more.

Monthly payment estimate

$1,106/mo

Principal & interest
$949
Property taxes
$106
Homeowners insurance
$51
Your loan

  • 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.
Change taxes, insurance and more in the full calculator

Get pre-approved

Know your real budget before you tour, and make a stronger offer. We'll connect you with a local lender.

Property details

Interior

Levels
Two
Stories
2
Total area
2,540 sq ft
Finished area above grade
2,540 sq ft
Bedrooms above grade
4
Basement
Crawl Space
Flooring
Mixed
Heating
Natural Gas
Cooling
Central Air
Amenities
Fenced Yard, Washer Hook-Up

Exterior & parking

Construction
Vinyl Siding
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Level
Lot size (acres)
0.09 ac
Lot dimensions
113x33
County
Vanderburgh County
Township
Pigeon
Platted
Yes
Planned unit development
No
Directions
N on N Fulton Ave, E on W Delaware St, N of N Fourth Ave, the building will be on the E side of the street.

Schools

Elementary school
Cedar Hall
Middle school
Lincoln
High school
Central
School district
Evansville-Vanderburgh School Corp.

Taxes & terms

Annual taxes
$1,271
Tax year
2025
Possession
Tenants Rights
Parcel number
82-06-19-029-102.008-029

Included in the sale

Included in sale
Building,Land

Utilities

Water
City, Public
Sewer
Public Sewer

Income & commercial

Units
3
Annual gross rent
$24,780
Net operating income
$21,259
Parking spaces
2
Pets allowed
No
Tenant pays
Electricity, Water
Electric meters
3
Water meters
2
Insurance (annual)
$750
Water & sewer (annual)
$1,500

Location

Loading map...

Similar homes

$173,333

4 beds · 3 baths