708 SE Third Street Evansville, IN $ 235,000
708 SE Third Street
$ 235,000
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708 SE Third Street

Evansville, IN, 47713
$ 235,000
Bedrooms4 Baths1.0 Sq 2,860

Monthly Estimate*

$ 1,484

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Multi-Family Home for sale in Evansville, IN

for $235,000 with 4 bedrooms and 1 full bath. This 2,860 square foot home was built in 1894.

This rent-ready fourplex in downtown Evansville offers a unique investment opportunity for a House-hack, short term, OR long term cash-flowing rental. It features 4 studio-style apartments, 3 of which are recently renovated - including LVP, updated bathrooms & kitchen. Those 3 units were previously generating $1200/month each as mid-term furnished rentals (often travel nurses). The other unit is occupied by a long-term, reliable month-to-month tenant. Live rent-free in one of the units while still cash-flowing from the others, rent them all short or mid term for higher profits, or rent them all long-term for a stabilized, low maintenance asset.

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Multi-Family Active

Price

$ 235,000

Bedrooms

4

Full Bath

1

Property Type

Multi-Family

Taxes

$ 2,941

Style

Fourplex

Year Built

1894

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202627087

Features
General
Heating Gas
Cooling Central Air
Sewer Public
# of Buildings 1
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1894
Parking Street
New Construction No
Tenant Pays Electric Sewer Water
Subdivision None
Style Two Story
Stories Count 2
Township Pigeon
Class INVESTMENT
Type Fourplex
Age 132
Net Income 31199
Rent Income 41940
Features Balcony Porch Covered
Inside City Limits Yes
REO No
Status Detail 0
Area Vanderburgh County
Location City/Town/Suburb
High School Francis Joseph Reitz
City Evansville
School District Evansville-Vanderburgh School Co
Total Sq Ft 2860
Elementary School West Terrace
Middle School Perry Heights
Legal Description OUTLOT 4 IN UPPER ENL PT LTS 6 & 7
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202627087
Agent First Name Evan
Agent Last Name Birch
DOM 0
Tax Year 2026
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Exterior
Road Access City
Exterior Vinyl
Pool No
Number of Parking Spaces 0
Lot Size Area 2614
Lot Dimensions 38 x 65
Lot Description Level
Water Meters 4
Electric Meters 4
Outbuilding None
Gas Meters 4
Waterfront Y/N No
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Interior
Basement Crawl
Flooring Vinyl Tile Vinyl
Beds 4
Total Number of Units 4
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
Basement Material Brick
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* Excluded Features
List By
Evan Birch

Listing Agent

Exp Realty, Llc

Broker

evansellsit@gmail.com

Email

Affordability Calculator

$1,729
Per Month
86%
14%
0%
Monthly Principal & Interest
$1,484
Monthly Property Taxes
$245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1237073 Elementary School
1236521 Middle School
Francis Joseph Reitz High School High School
Pricing History
DatePricePrice ChangeDescription
7/8/2026$235,000 Listed Price

Map


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708 SE Third Street, Evansville, IN, 47713 is a Multi-Family Home for sale at $235,000 with 2,860 sqft. 708 SE Third Street has 4 bedrooms, 1.0 baths, and was built in 1894. The property's zip code is 47713 which is in Evansville, IN