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Listed price in listed location currency (USD).
$199,000

422

MLS® 202609071

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 2844 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1894
Avg. Price Per Sqft $69
MLS® Number 202609071

Property Address: 512 E Riverside Dr, Evansville, IN, 47713-2002

Average square foot calculated using Size range provided by listing agent.

Description

Outstanding investment opportunity featuring a 5-unit portfolio across three properties on E. Riverside Dr. The front property, 512 E. Riverside Dr., offers mixed-use potential with a main-level commercial space previously utilized as an insurance office, recently rented for $800/month. The upper level includes a 2-bedroom residential unit that was previously leased for $500/month. This property also includes a detached garage, adding additional value and utility. Situated just down the driveway, 514–516 E. Riverside Dr. Consists of a duplex with two 1-bedroom units, providing steady rental potential. This parcel also features a detached garage. Rounding out the portfolio is 663 E. Riverside Dr., a 2-bedroom single-family home with long-term tenants already in place, offering immediate and consistent rental income. With multiple income streams, a mix of residential and commercial use, and value-add potential, this portfolio is ideal for investors looking to expand or diversify their holdings.
MLS® Number202609071
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1894
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Other

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 19, 2026List Date
$199,000List Price
  • Commute

Commute

Starting Address
Destination Address
512 E Riverside Dr, Evansville, IN

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