1410 N Weinbach Ave - Apartments FOR SALE


Evansville, IN 47711- Business 41
$425,000 USD
812-250-1287
1410 N Weinbach Ave, Evansville, IN for Sale
$425,000 USD
Apartments - FOR SALE
1/13
null | Request Cap Rate

1410 N Weinbach Ave
Evansville, IN 47711
Business 41


HIGHLIGHTS

  • Full Occupied
  • Income Producing

OVERVIEW

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 the electric, 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.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$174 USD /SF

# OF UNITS

5

PRICE/UNIT

$85,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1410/1412 N Weinbach Avenue

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

C

APN/PARCEL ID

82-06-21-011-299.002-027

ASK ABOUT THIS PROPERTY

Casey McCoyKeller Williams Capital RealtyMore Info
812-250-1287

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Casey McCoyKeller Williams Capital RealtyMore Info
812-250-1287

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.