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$115,000   Price Analysis
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209 N 2nd Ave
Evansville, IN 47710
3 bed 2 bath 966 SqFt ($119/SqFt)
2,614SqFt lot. Built 1894
Listed 2024-04-10, Taxes $197
USDA Eligible
near Evansville, IN
 

Investment Opportunity

Fully occupied duplex. Bot units are on section 8 currently.

Owner pays water, te nants pay all ther utilities.


Presented by Stacey Carpenter at
Keller Williams Capital Realty.


Property MLS #202411780 from IRMLS

Bedrooms: 3

Total Bathrooms: 2 / 0
Full Bathrooms: 2

Cooling Features: Central Air, Window
Heating Features: Gas

Flooring: Carpet, Vinyl

Basement Description: Partial Basement

Lot Description: Irregular
Lot Size Acres: 0.0600092
Lot Size Dimensions: 54X50
Lot Size Square Feet: 2614

Elementary School: Lincoln
High School: Central
Middle School: Lincoln
School District: Evansville-Vanderburgh School Co

Lincoln School is a public elementary and middle school located approximately 1.3 miles away.
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Central High School is a public high school located approximately 3.4 miles away.
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Evansville Lutheran School is a private elementary and middle school located approximately 0.8 miles away.
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Number of Units: 2
Number of 1 Bedroom Units: 2
Bedrooms in Unit-1: 1
Total Bathrooms in Unit-1: 1
Unit 1 Total Actual Rent: 650
Unit 2 Total Actual Rent: 700

Income Includes: 16200
Lease Term: 1 Year
Tenant Pays: Electric

Community Features: Basement

Annual Tax Amount: 721.04
Source Listing Status: Active
County: Vanderburgh County
Directions: West on LLoyd Expressway from Hwy 41, to North on First Ave, to West on Illinois to North on 2nd Ave. to duplex on right.
Tax Year: 2023
Source Property Type: INVESTMENT
Insurance Expense: 585
Source Neighborhood: Lamasco
Owner Pays: Lawn Maintenance
Parcel Number: 82-06-19-029-060.015-029
Postal Code Plus 4: 1125
Subdivision: Lamasco
Township: Pigeon
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$6,600 + $2,300
$8,900
$197
2020$6,600 + $2,300
$8,900
$193
2019$6,600 + $2,300
$8,900
$192
2018$6,600 + $2,300
$8,900
$195
2018$6,700 + $2,300
$9,000
$195
2017$6,600 + $2,300
$8,900
$194
2016$6,400 + $2,300
$8,700
$194
2015$6,500 + $2,300
$8,800
$190
2013$6,600 + $2,300
$8,900
$301
2012$6,400 + $2,300
$8,700
$300
2011$5,900 + $2,900
$8,800
$179
2010$5,900 + $2,900
$8,800
$174
2008$2,800 + $3,200
$6,000
$149

Listed 2024-04-10
$115,000
IRMLS
Sold 2022-09-15
$970,000
Public Record

Net Operating Income: 13105.96

Total Square Feet Living: 966
Year Built: 1894
Above Grade Finished Area: 966
Below Grade Unfinished Area: 120
Construction Materials: Brick
Property Age: 130
Levels or Stories: 1.5
Structure Type: Duplex
House Style: One and Half Story
Total Area Sqft: 1086
Total Below Grade Area: 120

Sewer: City
City
Water Sewer Expense: 1788

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.