512 E Riverside Drive
Evansville, IN 47713
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.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Agency Name: BAKER AUCTION & REALTY
Agency Contact: Office: 812-491-6247
Agent Name: Jonathan Baker
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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512 E Riverside Drive | MLS# 202609071
This multi-family property located at 512 E Riverside Drive, Evansville, IN 47713 is currently listed for sale with an asking price of $199,000. E Riverside Drive is located within the Evansville-Vanderburgh School Corp. school district. Search Evansville real estate on www.coldwellbanker1stchoice.com today.