Opportunity knocks with this 5-unit multifamily property in downtown Evansville, near the Haynies Corner arts district, the Riverfront and less than a mile away from the IU School of Medicine. This Fiveplex includes: two 2 bed/1 bath units, two 1 bed/1bath units and a studio apartment. This property needs significant TLC to bring it back to life but has huge upside potential for the right investor. None of the units are currently rented, offering a clean slate for renovations. Owner currently pays all utilities. Off street parking is available for tenants at the rear of the property. Possession at closing and property is sold as is.
Closed
$100,000
216 Oak St, Evansville, IN 47713
5beds
2,924sqft
Multi Family
Built in 1869
-- sqft lot
$-- Zestimate®
$--/sqft
$1,893 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,893/mo
Zestimate® history
Owner options
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$484/mo
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Est. payment
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Studio apartment
Zillow last checked:
Listing updated:
Listed by:
Mitch Isbell Cell:812-499-0878,
RE/MAX REVOLUTION
Bought with:
Dustin Whobrey, RB23000512
eXp Realty, LLC
Source: IRMLS,MLS#: 202513781
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Radiator
Cooling
- Window Unit(s)
Features
- Flooring: Vinyl
- Doors: Storm Door(s)
- Basement: Partial,Brick
Interior area
- Total structure area: 2,924
- Total interior livable area: 2,924 sqft
- Finished area above ground: 2,924
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel, On Street
Features
- Levels: Two
- Stories: 2
Lot
- Size: 5,227 sqft
- Dimensions: 37 x 144
- Features: Level, City/Town/Suburb, Near College Campus
Details
- Additional structures: None
- Parcel number: 820630020050.018029
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1869
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: Evansville
- Subdivision: Eastern
HOA & financial
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $100,000-9.1% |
Source:  IRMLS #202513781 Report a problem | ||
| 11/23/2025 | Pending sale | $110,000 |
Source: IRMLS #202513781 Report a problem | ||
| 11/21/2025 | Listed for sale | $110,000 |
Source: IRMLS #202513781 Report a problem | ||
| 10/25/2025 | Pending sale | $110,000 |
Source: IRMLS #202513781 Report a problem | ||
| 10/10/2025 | Price change | $110,000-8.3% |
Source: IRMLS #202513781 Report a problem | ||
| 9/19/2025 | Price change | $120,000-17.2% |
Source: IRMLS #202513781 Report a problem | ||
| 7/29/2025 | Price change | $145,000-6.5% |
Source: IRMLS #202513781 Report a problem | ||
| 6/24/2025 | Price change | $155,000-16.7% |
Source: IRMLS #202513781 Report a problem | ||
| 4/21/2025 | Listed for sale | $186,000-18% |
Source: IRMLS #202513781 Report a problem | ||
| 1/20/2025 | Listing removed | $226,900 |
Source: IRMLS #202431645 Report a problem | ||
| 11/21/2024 | Price change | $226,900-5.4% |
Source: IRMLS #202431645 Report a problem | ||
| 10/29/2024 | Price change | $239,900-4% |
Source: IRMLS #202431645 Report a problem | ||
| 9/16/2024 | Price change | $249,900-2% |
Source: IRMLS #202431645 Report a problem | ||
| 8/20/2024 | Listed for sale | $254,900+13.8% |
Source: IRMLS #202431645 Report a problem | ||
| 7/16/2021 | Sold | $224,000-0.4%$77/sqft |
Source: eXp Realty #182592732 Report a problem | ||
| 6/19/2021 | Pending sale | $224,900+73% |
Source: IRMLS #202108486 Report a problem | ||
| 9/25/2019 | Listing removed | $130,000$44/sqft |
Source: KELLER WILLIAMS CAPITAL REALTY #201936389 Report a problem | ||
| 8/20/2019 | Listed for sale | $130,000$44/sqft |
Source: KELLER WILLIAMS CAPITAL REALTY #201936389 Report a problem | ||
| 3/23/2016 | Listing removed | $525 |
Source: Fetter Properties Management Inc. Report a problem | ||
| 2/24/2016 | Price change | $525+20.7% |
Source: Fetter Properties Management Inc. Report a problem | ||
| 12/22/2015 | Listed for rent | $435 |
Source: Fetter Properties Management Inc. Report a problem | ||
| 4/2/2013 | Listing removed | $435 |
Source: Fetter Properties Report a problem | ||
| 2/9/2013 | Listed for rent | $435 |
Source: Fetter Properties Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,147 +2.6% | $122,300 +22.9% |
| 2024 | $2,094 +6.9% | $99,500 +3.2% |
| 2023 | $1,959 +7% | $96,400 +7.5% |
| 2022 | $1,831 +2.3% | $89,700 +8.9% |
| 2021 | $1,790 +0.6% | $82,400 |
| 2020 | $1,779 0% | $82,400 |
| 2019 | $1,780 +0.1% | $82,400 +0.4% |
| 2018 | $1,777 -0.4% | $82,100 +0.7% |
| 2017 | $1,784 | $81,500 -0.2% |
| 2016 | $1,784 +2.6% | $81,700 +1.7% |
| 2014 | $1,740 -0.9% | $80,300 +8.8% |
| 2013 | $1,755 +11.4% | $73,800 -0.8% |
| 2012 | $1,576 +57.3% | $74,400 +51.2% |
| 2011 | $1,002 +0.6% | $49,200 |
| 2010 | $996 +1.2% | $49,200 |
| 2009 | $984 | $49,200 +7% |
| 2008 | -- | $46,000 -5.5% |
| 2007 | -- | $48,700 |
| 2006 | -- | -- |
Find assessor info on the county website
Neighborhood: Wheeler
Nearby schools
GreatSchools rating
- 5/10Tekoppel Elementary SchoolGrades: K-5Distance: 2.8 mi
- 7/10Helfrich Park Stem AcademyGrades: 6-8Distance: 2.4 mi
- 9/10Francis Joseph Reitz High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Tekoppel
- Middle: Perry Heights
- High: Francis Joseph Reitz
- District: Evansville-Vanderburgh School Corp.
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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