Listing courtesy of KELLER WILLIAMS CAPITAL REALTY · Listing agent: Shea Fleck · cell: 812-639-3950

Virtual tour
ActiveFourplex

818 SE Riverside Drive

$254,900

$123.56 / sq ft

Est. $1,736/mo

Evansville, IN 47713Union Place

Original price $264,900 · Price reduced on September 12, 2026

  • Basement
Bedrooms
4
Bathrooms
4
Living area
2,063 sq ft
Lot
0.12 ac
Year built
1919
Type
Fourplex
Listed
June 14, 2026
MLS #
202623350

About this home

Expand your investment portfolio with this well-maintained fourplex ideally located in the heart of the Historic District, just steps from Haynie’s Corner. Each unit offers private entrances, tall windows, abundant natural light, and included appliances. Gas and electric are separately metered for each unit, while the owner covers water, sewer, and trash service. All four units feature central heating and air conditioning, along with separate newer water heaters. Extensive updates completed within the past two years include fresh paint, updated flooring, newer appliances, and modern finishes throughout, making this a turnkey investment opportunity in a highly desirable location.

Monthly payment estimate

$1,736/mo

Principal & interest
$1,395
Property taxes
$267
Homeowners insurance
$74
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 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

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Property details

Interior

Levels
Two
Stories
2
Total area
2,291 sq ft
Finished area above grade
2,063 sq ft
Unfinished area below grade
228 sq ft
Below grade total
228 sq ft
Bedrooms above grade
4
Basement
Crawl Space, Partial
Flooring
Vinyl
Heating
Natural Gas, Forced Air
Cooling
Central Air
Amenities
Near Walking Trail, Six Panel Doors

Exterior & parking

Construction
Wood Siding
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Union Place
Lot features
0-2.9999
Lot size (acres)
0.12 ac
Lot dimensions
.12
County
Vanderburgh County
Township
Pigeon
Platted
Yes
Planned unit development
No
Directions
Traveling NW on Veterans Memorial Parkway turn right on Shawnee Ave, then left on SE Riverside Drive, home is 4th house on the right

Schools

Elementary school
Tekoppel
Middle school
Perry Heights
High school
Francis Joseph Reitz
School district
Evansville-Vanderburgh School Corp.

Taxes & terms

Annual taxes
$3,207
Tax year
2026
Possession
at closing
Parcel number
82-06-31-020-082.006-029

Included in the sale

Included in sale
Building

Utilities

Water
Public
Sewer
Public Sewer

Income & commercial

Units
4
Buildings
4
Annual gross rent
$34,800
Net operating income
$23,433
Lease term
12 Months
Parking spaces
4
Pets allowed
Yes
Tenant pays
Electricity, Fuel
Electric meters
4
Gas meters
4
Water meters
1
Insurance (annual)
$3,000
Water & sewer (annual)
$2,160
Maintenance (annual)
$3,000

Location

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