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1410/1412 N Weinbach Avenue 1410 N Weinbach Ave 5 Unit Apartment Building $602,004 CAD ($120,401 CAD/Unit) Evansville, IN 47711
Investment Highlights
- Full Occupied
- Income Producing
Executive Summary
Turn-key investment opportunity! This income producing package includes a fully occupied 4 unit multifamily building PLUS a detached 3 bed, 2 bath single family home, all on one parcel. Each of the four units offers 1 bedroom, 1.5 baths, vaulted ceilings, and a spacious loft-style second floor bedroom overlooking the open living area below. Main level of each unit features an eat-in kitchen, generous living room, half bath, utility closet, and private patio. Roof replaced in 2025, and 3 of the 4 units have updated A/C units. All units are currently rented with tenants responsible for all utilities, keeping operating costs low and cash flow clean. Excellent opportunity for an investor looking to add a stabilized, low-maintenance asset to their portfolio with strong upside potential.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $602,004 CAD | Building Class | B |
| Price Per Unit | $120,401 CAD | Lot Size | 0.22 AC |
| Sale Type | Investment | Building Size | 2,440 SF |
| No. Units | 5 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1987 |
| Apartment Style | Single-Family Home | ||
| Zoning | C - Commercial | ||
| Price | $602,004 CAD |
| Price Per Unit | $120,401 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Single-Family Home |
| Building Class | B |
| Lot Size | 0.22 AC |
| Building Size | 2,440 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1987 |
| Zoning | C - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1.5 | 4 | $952.58 CAD | 610 |
| 3+2 | 1 | $1,834 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 82-06-21-011-299.002-027 | Total Assessment | $338,964 CAD |
| Land Assessment | $27,196 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $311,767 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
82-06-21-011-299.002-027
Land Assessment
$27,196 CAD
Improvements Assessment
$311,767 CAD
Total Assessment
$338,964 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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1410/1412 N Weinbach Avenue | 1410 N Weinbach Ave
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