416 Richardt Avenue Evansville, IN $ 120,000
416 Richardt Avenue
$ 120,000
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416 Richardt Avenue

Evansville, IN, 47711
$ 120,000
Bedrooms5 Baths2.0 Sq 1,597

Monthly Estimate*

$ 749

416 Richardt Avenue, Evansville, IN 47711 - Image 1

Multi-Family Home for sale in Evansville, IN

for $120,000 with 5 bedrooms and 2 full baths. This 1,597 square foot home was built in 1919.

This fully remodeled duplex offers a turnkey investment opportunity with modern upgrades and consistent income. Per seller both units underwent comprehensive renovations in 2015, including complete electrical and plumbing systems, ensuring long-term reliability. The property features a durable metal roof installed in 2010 (per seller), further enhancing its value. Unit 1 is a spacious three-bedroom, one-bath residence, while Unit 2 offers two bedrooms and one bath. Each unit boasts its own laundry area, providing added convenience for tenants. Off-street parking is available, accommodating multiple vehicles. This setup presents a steady cash flow with the potential for future rent adjustments. This duplex offers a blend of modern amenities and consistent rental income.

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Multi-Family Active

Price

$ 120,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,912

Style

Duplex

Year Built

1919

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202528241

Features
General
Heating Forced Air
Cooling Central Air
Sewer Public
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1919
New Construction No
Tenant Pays Electric Lawn Maintenance
Subdivision None
Style One Story
Stories Count 1
Township Pigeon
Class INVESTMENT
Type Duplex
Age 106
Net Income 13687.58
Rent Income 15600
Features Off Street Parking
REO No
Status Detail 0
Area Vanderburgh County
High School North
City Evansville
School District Evansville-Vanderburgh School Co
Total Sq Ft 1597
Elementary School Delaware
Middle School North
Legal Description WEDEKING ADD L 25 & 26 BL 3
Agent First Name Rachel
Agent Last Name DeYoung
DOM 143
Tax Year 2025
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Interior
Basement Crawl
Flooring Mixed
Beds 5
Total Number of Units 2
Microwaves 2
Refrigerators 2
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 2
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Exterior
Exterior Aluminum
Pool No
Number of Parking Spaces 2
Lot Size Area 6970
Lot Dimensions 50X138
Lot Description Irregular
Outbuilding None
Waterfront Y/N No
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* Excluded Features
List By
Rachel DeYoung

Listing Agent

F.C. Tucker Emge

Broker

racheldeyoung@fctuckeremge.com

Email

Affordability Calculator

$908
Per Month
82%
18%
0%
Monthly Principal & Interest
$749
Monthly Property Taxes
$159
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
1237201 Elementary School
1237185 Middle School
North High School High School
Pricing History
DatePricePrice ChangeDescription
10/15/2025$120,000 -7.69% Price Down
7/19/2025$130,000 Listed Price

Map


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416 Richardt Avenue, Evansville, IN, 47711 is a Multi-Family Home for sale at $120,000 with 1,597 sqft. 416 Richardt Avenue has 5 bedrooms, 2.0 baths, and was built in 1919. The property's zip code is 47711 which is in Evansville, IN