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Investment Highlights

  • Heart of Evansville's eastside
  • Drive up parking
  • Spacious units

Executive Summary

Prime investment opportunity.

Property Facts

Price $510,001 CAD
Price Per Unit $127,500 CAD
Sale Type Investment
Cap Rate 13.50%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Townhome
Building Class C
Lot Size 0.22 AC
Building Size 4,500 SF
Average Occupancy 25%
No. Stories 2
Year Built 1969
Parking Ratio 2.75/1,000 SF
Zoning R3 - Multi-family

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1.5 4 $1,363 CAD 1,125
Fairly walkable
50/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
82-06-35-011-154.005-027
Land Assessment
$16,951 CAD
Improvements Assessment
$156,143 CAD
Total Assessment
$173,094 CAD
  • Listing ID: 38506460

  • Date on Market: 2025-11-19

  • Last Updated:

  • Address: 1401 Harrelton Dr, Evansville, IN 47714

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