1007 S Lincoln Park Drive Evansville, IN $ 525,000
1007 S Lincoln Park Drive
$ 525,000
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1007 S Lincoln Park Drive

Evansville, IN, 47714
$ 525,000
Bedrooms12 Baths9.0 Sq 5,184

Monthly Estimate*

$ 3,275

1007 S Lincoln Park Drive, Evansville, IN 47714 - Image 1
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1007 S Lincoln Park Drive, Evansville, IN 47714 - Image 12
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Multi-Family Home for sale in Evansville, IN

for $525,000 with 12 bedrooms and 9 full baths. This 5,184 square foot home was built in 1967.

Fully occupied 9-unit, 3-story apartment building offering immediate cash flow. The property features a strong unit mix with (3) 2-bed/1-bath units and (6) 1-bed/1-bath units. Seven of the nine units have been updated within the past 3 years, providing modern appeal while the tenants pay all utilities, keeping operating expenses low. New roof on building in 2024. The building offers off-street parking with a dedicated lot behind the property, a major convenience for tenants. With stable occupancy, solid rental demand, this is an ideal addition to any investment portfolio. Dont miss this opportunity to own a turn-key income-producing property!

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Multi-Family Active

Price

$ 525,000

Bedrooms

12

Full Bath

9

Property Type

Multi-Family

Taxes

$ 2,527

Style

Year Built

1967

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202549898

Features
General
Heating Forced Air
Cooling Central Air
Sewer City
Status Active Active
Full Baths 9
Half Baths 0
Bathrooms 9
Year Built 1967
Parking Lot Off Street Paved Street
New Construction No
Tenant Pays Electric Sewer Water
Subdivision None
Style Three Story
Stories Count 3
Township Knight
Class INVESTMENT
Type Apartment Building
Age 58
Net Income 70298.48
Rent Income 75144
Features Ceiling Fan
REO No
Status Detail 0
Area Vanderburgh County
Location City/Town/Suburb
High School Bosse
City Evansville
School District Evansville-Vanderburgh School Co
Energy Efficient HVAC Water Heater
Architctural Style Other
Total Sq Ft 5184
Elementary School Dexter
Middle School Washington
Legal Description PT W1/2 NW NW 34-6-10
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202549898
Agent First Name Jeremy
Agent Last Name Outlaw
DOM 0
Tax Year 2024
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Interior
Basement Slab
Flooring Carpet Vinyl
Beds 12
Total Number of Units 9
Microwaves 0
Refrigerators 9
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 12
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 9
W/D Hookups 0
Basement Material Block
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Exterior
Exterior Brick Stone Vinyl
Pool No
Number of Parking Spaces 12
Lot Size Area 6970
Lot Dimensions 50x91
Lot Description Level
Outbuilding None
Water Features None
Waterfront Y/N No
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* Excluded Features
List By
Jeremy Outlaw

Listing Agent

Catanese Real Estate

Broker

calltheoutlaw@gmail.com

Email

Affordability Calculator

$3,486
Per Month
94%
6%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$211
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
1236633 Elementary School
1236004 Middle School
Bosse High School High School
Pricing History
DatePricePrice ChangeDescription
12/30/2025$525,000 Listed Price

Map


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1007 S Lincoln Park Drive, Evansville, IN, 47714 is a Multi-Family Home for sale at $525,000 with 5,184 sqft. 1007 S Lincoln Park Drive has 12 bedrooms, 9.0 baths, and was built in 1967. The property's zip code is 47714 which is in Evansville, IN