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1224 N First Avenue Evansville, IN $ 160,000
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$ 160,000 Get more info
1224 N First Avenue
$ 160,000
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1224 N First Avenue

Evansville, IN, 47710
$ 160,000
Bedrooms4 Baths5.0 Sq 2,986

Monthly Estimate*

$ 998

1224 N First Avenue, Evansville, IN 47710 - Image 1
1224 N First Avenue, Evansville, IN 47710 - Image 2
1224 N First Avenue, Evansville, IN 47710 - Image 3
1224 N First Avenue, Evansville, IN 47710 - Image 4
1224 N First Avenue, Evansville, IN 47710 - Image 5
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Multi-Family Home for sale in Evansville, IN

for $160,000 with 4 bedrooms and 5 full baths. This 2,986 square foot home was built in 1904.

Attention investors, this 5 unit building with a parking lot on a corner offers steady income in a convenient location right on First Ave. Currently offers Four one bedroom units and a efficiency, and a parking lot. With easy access to Diamond Ave and north side shopping. Some updates made by current owner, 3 units are currently rented out with 2 vacant and ready for some TLC for more income.

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Multi-Family Active

Price

$ 160,000

Bedrooms

4

Full Bath

5

Property Type

Multi-Family

Taxes

$ 2,383

Style

Fiveplex

Year Built

1904

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202505014
Features
General
Heating Forced Air
Cooling Window
Sewer City
Status Active Active
Full Baths 5
Half Baths 0
Bathrooms 5
Year Built 1904
New Construction No
Tenant Pays Cable None
Subdivision None
Style Two Story
Stories Count 2
Township Pigeon
Class INVESTMENT
Type Fiveplex
Age 121
Net Income 14470.81
Rent Income 32940
Features Off Street Parking
REO No
Status Detail 0
Area Vanderburgh County
High School Central
City Evansville
School District Evansville-Vanderburgh School Co
Total Sq Ft 2986
Elementary School Cedar Hall
Middle School Cedar Hall
Legal Description FIRST AVENUE ADDITION PT LOT 27 & PT LOT 28 BL
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202505014
Agent First Name Cathie
Agent Last Name Spalding
DOM 294
Tax Year 2024
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Interior
Basement Crawl
Flooring Carpet Tile
Beds 4
Total Number of Units 5
Microwaves 0
Refrigerators 4
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 4
W/D Hookups 0
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Exterior
Exterior Wood
Pool No
Number of Parking Spaces 5
Lot Size Area 3419
Lot Description Corner
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Cathie Spalding

Listing Agent

Pinnacle Realty Group

Broker

wesellevansville@gmail.com

Email

Affordability Calculator

$1,197
Per Month
83%
17%
0%
Monthly Principal & Interest
$998
Monthly Property Taxes
$199
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1236536 Elementary School
1236492 Middle School
Central High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/24/2025$160,000 -11.11% Price Down
2/18/2025$180,000 Listed Price

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1224 N First Avenue, Evansville, IN, 47710 is a Multi-Family Home for sale at $160,000 with 2,986 sqft. 1224 N First Avenue has 4 bedrooms, 5.0 baths, and was built in 1904. The property's zip code is 47710 which is in Evansville, IN

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