613 615 N Fulton Avenue Evansville, IN $ 525,000
613 615 N Fulton Avenue
$ 525,000
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613 615 N Fulton Avenue

Evansville, IN, 47710
$ 525,000
Bedrooms10 Baths10.0 Sq 5,105

Monthly Estimate*

$ 3,233

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Multi-Family Home for sale in Evansville, IN

for $525,000 with 10 bedrooms and 10 full baths. This 5,105 square foot home was built in 1900.

Turn-key investment opportunity! This well-maintained two-story 10-plex features ten 1 bed / 1 bath units, with 9 of the 10 units already updatedoffering immediate cash flow from day one. The property has seen major recent improvements, including a brand-new roof installed within the past 2 months. Each unit is separately metered for electric, with tenants responsible for their own usage, helping keep operating costs low. Most tenants have been switched over to RUBS for water and sewer, providing additional income upside. The property also offers some off-street and on-street parking, a valuable amenity for tenants. With strong in-place rents, minimal deferred maintenance, and additional value-add potential through RUBS, this is an ideal addition to any investors portfolio.

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Multi-Family Active

Price

$ 525,000

Bedrooms

10

Full Bath

10

Property Type

Multi-Family

Taxes

$ 5,012

Style

Apartment Building

Year Built

1900

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202622893

Features
General
Heating Forced Air
Cooling Window
Sewer City Public
Status Active Active
Full Baths 10
Half Baths 0
Bathrooms 10
Year Built 1900
New Construction No
Tenant Pays Electric Sewer Water
Subdivision None
Style Two Story
Stories Count 2
Township Pigeon
Class INVESTMENT
Type Apartment Building
Age 126
Net Income 53327.72
Rent Income 68340
Features Ceiling-9+
REO No
Status Detail 0
Common Amenities None
Area Vanderburgh County
Location City/Town/Suburb
High School Central
City Evansville
School District Evansville-Vanderburgh School Co
Total Sq Ft 5105
Elementary School Lincoln
Middle School Lincoln
Legal Description LAMASCO LOTS 7 & 8 BL 30 CARPENTER REITZ ROWLEYS SUB
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202622893
Agent First Name Jeremy
Agent Last Name Outlaw
DOM 1
Tax Year 5012.28
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Interior
Basement None
Flooring Carpet Vinyl
Beds 10
Total Number of Units 10
Microwaves 0
Refrigerators 10
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 10
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 10
W/D Hookups 0
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Exterior
Exterior Block Brick
Pool No
Number of Parking Spaces 5
Lot Size Area 6098
Lot Dimensions 50
Lot Description Level
Water Meters 1
Electric Meters 10
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

$3,650
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,233
Monthly Property Taxes
$418
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1236052 Elementary School
1237466 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2026$525,000 Listed Price

Map


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613 615 N Fulton Avenue, Evansville, IN, 47710 is a Multi-Family Home for sale at $525,000 with 5,105 sqft. 613 615 N Fulton Avenue has 10 bedrooms, 10.0 baths, and was built in 1900. The property's zip code is 47710 which is in Evansville, IN