2848 Pennsylvania Street Evansville, IN $ 279,000
2848 Pennsylvania Street
$ 279,000
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2848 Pennsylvania Street

Evansville, IN, 47712
$ 279,000
Bedrooms4 Baths5.0 Sq 4,560

Monthly Estimate*

$ 1,718

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Multi-Family Home for sale in Evansville, IN

for $279,000 with 4 bedrooms and 5 full baths. This 4,560 square foot home was built in 1904.

Conveniently located on the west side a few minutes to University of Southern Indiana and only a few minutes to downtown Evansville. One penthouse unit, two main-level units and two basement units. Coin-operated laundry room. 5 Separate gas and electric meters and 5 separate furnaces; one water meter. 4 units with central air units and one basement unit with a window unit. Unit B is ready for a new tenant and basement Unit D is ready for updates. Secured storage offered. Rear parking as well as front parking. NEWER ROOF! Common area entrances located off the front porch. Unit A - rents for $635/month, lease expires 4/30/26. Unit B - vacant. Unit C - rents for $764.50/month, lease expired 6/30/25 - month to month. Unit D - vacant. Unit E - rents for $715/month, lease expires 10/31/26.

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Multi-Family Active

Price

$ 279,000

Bedrooms

4

Full Bath

5

Property Type

Multi-Family

Taxes

$ 4,135

Style

Fiveplex

Year Built

1904

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202607640

Features
General
Heating Gas Forced Air
Cooling Central Air Window Multiple Cooling Units
Sewer City
# of Buildings 1
Status Active Active
Full Baths 5
Half Baths 0
Bathrooms 5
Year Built 1904
Parking Lot Off Street Paved Street
New Construction No
Tenant Pays Cable Cooling Electric Fuel Heating
Subdivision Forest Hill(s)
Style One and Half Story
Stories Count 1.5
Township Pigeon
Class INVESTMENT
Type Fiveplex
Age 122
Net Income 21321.23
Rent Income 29666.51
Features Basement Ceiling Fan Off Street Parking Storage Balcony Cable Available Cable Ready Closet(s) Walk-in Countertops-Laminate Countertops-Solid Surf Deck Open Eat-In Kitchen Foyer Entry Landscaped Porch
REO No
Status Detail 0
Common Amenities Laundry Facilities
Area Vanderburgh County
Location City/Town/Suburb
High School Francis Joseph Reitz
City Evansville
School District Evansville-Vanderburgh School Co
Total Sq Ft 5860
Elementary School Tekoppel
Middle School Helfrich
Legal Description FOREST HILLS LOT 3
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202607640
Agent First Name Kimberly
Agent Last Name Clark
DOM 4
Tax Year 2025
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Interior
Basement Walk-Out Basement Finished Unfinished
Flooring Carpet Ceramic Tile Laminate
Beds 4
Total Number of Units 5
Microwaves 0
Refrigerators 5
Washers 3
Dryer(s) 3
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 2
Below Grade Baths 2
Below Grade Bedrooms 2
Total Rooms Below Grade 6
Ranges/Ovens 5
W/D Hookups 3
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Exterior
Exterior Brick Vinyl
Driveway Concrete
Pool No
Number of Parking Spaces 5
Lot Size Area 9757
Lot Dimensions 75 x 130
Lot Description Slope 0-2.9999
Fence None
Water Meters 1
Electric Meters 5
Outbuilding None
Water Features None
Gas Meters 5
Waterfront Y/N No
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* Excluded Features
List By
Kimberly Clark

Listing Agent

Exp Realty, Llc

Broker

kim@kclarksells.com

Email

Affordability Calculator

$2,062
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,718
Monthly Property Taxes
$345
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
1237104 Elementary School
1236959 Middle School
Francis Joseph Reitz High School High School
Pricing History
DatePricePrice ChangeDescription
3/9/2026$279,000 Listed Price

Map


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2848 Pennsylvania Street, Evansville, IN, 47712 is a Multi-Family Home for sale at $279,000 with 4,560 sqft. 2848 Pennsylvania Street has 4 bedrooms, 5.0 baths, and was built in 1904. The property's zip code is 47712 which is in Evansville, IN