307 SE Second Street

Evansville, IN
$ 340,000 Beds 6 Baths 5 Sq 4,725
Monthly Estimate* How much can I afford?

Charming apartment complex located in historic downtown Evansville. The complex is directly across from the new Hyatt hotel development which provides additional security. There is currently once vacancy that will be leased by 11/30. Tenants pay everything but water and sewer. Gross Operating Income is $40,500. Net Operating Income is $29,861. Acquisition Cap Rate is 8.78%.

Multi-Family

  • Price
  • $ 340,000
  • Lot Size
  • Bedrooms
  • 6
  • Sqr Footage
  • 4,725
  • Full Bathrooms
  • 5
  • Year Built
  • 1920
  • Half Bathrooms
  • 0
  • City, Zip
  • Evansville
  • Taxes
  • $ 3245
  • County
  • VANDERBURGH
  • Style
  • Fiveplex
  • Area
  • Pigeon
  • MLS#
  • 202143843
  • Zip
  • 47713
Listing Provided by: Ryan Black with Hahn Kiefer Real Estate Services
Data Source: Indiana Regional MLS (IRMLS) - 202 - IN

Features

General

Age 101
Agent First Name Ryan
Agent Last Name Black
Assoc. Dues Frequency Not Applicable
Basement Finished, Full Basement
Bathrooms 5
Beds 7
Cooling Central Air
Elementary School Tekoppel
Features Basement, Ceiling Fan
Flooring Carpet, Finished, Laminate, Mixed
Full Baths 5
Heating Electricity
High School Francis Joseph Reitz
Legal Description UPPER ENL PT LOTS 3 & 4 OF LOTS 71 & 72
Listing Area Vanderburgh County
Middle School Helfrich
New Construction No
Pet Restrictions Y/n No
Pool Y/N No
REO No
School District Evansville-Vanderburgh School Co
Sewer City
Status Active
Status Active
Stories 2
Style Tri-Level
Subdivision None
Tax Year 2021
Tenant Pays Cable, Cooling, Electric, Heating
Total Sq Ft 4725
Type Fiveplex
Year Built 1920

Interior Features

Above Grade Bedrooms 5
Basement Material Brick
Basement Y/n Yes
Below Grade Baths 1
Below Grade Bedrooms 2
Dishwasher(s) 5
Disposal(s) 5
Dryer(s) 1
Microwaves 5
Num. Of 1 Bedrooms 2
Num. Of 2 Bedrooms 2
Num. Of Efficiencies 1
Ranges/Ovens 5
Refrigerators 5
Total Number of Units 5
Total Rooms Below Grade 2
W/D Hookups 1
Washers 1

Exterior Features

Approx. Lot Size Acres 0.07
Electric Meters 5
Exterior Brick
Gas Meters 5
Lot Description Level, 0-2.9999
Lot Dimensions 32x100
Lot Size Area 3049
Number of Parking Spaces 5
Outbuilding None
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Evansville, IN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% 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.

Schools

Elementary School Tekoppel Elementary School
Middle School Helfrich Middle School
High School Francis Joseph Reitz High School

Price History

10/18/2021 Listed $350,000
11/19/2021 3% - $340,000

Property vs Zip Code Average in 47713

Price
AVG $320K
$340K
Taxes
AVG $1,955
$3,245
Visits
AVG 32
29
Year Built
AVG 1919
1920

Map

307 SE Second Street Evansville, IN is a Single Family Home for sale at $340000 with 4725 sqft and a lot size of Acre(s). 307 SE Second Street Evansville has 6 bedrooms, 5 baths and was built in 1920. The property's zip code is 47713 which is in Evansville, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.