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    • $402,000

    512 S Lincoln Park Dr, Evansville, IN 47714

    5beds
    5,470sqft
    Quadruplex
    Built in 1937
    -- sqft lot
    $420,900 Zestimate®
    $--/sqft
    $1,720 Estimated rent

    Home value

    $420,900

    $375,000 - $471,000

    $1,720/mo

    Zestimate® history
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    What's special

    Great Investment Opportunity!! This meticulously maintained 4-plex is conveniently located on Evansville’s east side, a half block from the University of Evansville! This property consists of three 1 bed/1 bath units and one 2 bed/2 bath unit. Each unit offers hardwood flooring throughout and fully screened in porches that have all had new wood and screens replaced in 2024. There is also a garage that offers covered parking or additional storage for each unit. All major systems are in great condition, including a new hot water heater installed in 2023. All units are currently leased and separately metered for gas/electric. Owner pays water/sewer/trash and common area lighting. There is a lower level coin-laundry area that tenants can utilize and that can also be used for additional income for the new owner.

    Zillow last checked:

    Listing updated:

    Listed by:

    Charles L Butler Cell:812-430-1708,

    KELLER WILLIAMS CAPITAL REALTY,

    Candace DeArmond,

    KELLER WILLIAMS CAPITAL REALTY

    Bought with:

    Charles Butler, RB14034751

    Keller Williams Capital Realty

    Source: IRMLS,MLS#: 202505452MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Natural Gas, Forced Air, Multiple Heating Systems
    Cooling
    • Central Air, Multi Units
    Features
    • Ceiling Fan(s), Storage, Open Floorplan
    • Flooring: Carpet, Wood, Tile
    • Basement: Crawl Space,Full
    Interior area
    • Total structure area: 7,198
    • Total interior livable area: 5,470 sqft
    • Finished area above ground: 5,470
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street Parking
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Porch Covered, Screened
    Lot
    • Size: 0.32 Acres
    • Dimensions: 55X257
    • Features: Level, Near Walking Trail
    Details
    • Additional structures: None
    • Parcel number: 820627013079.008027

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Foundation: Basement
    Condition
    • New construction: No
    • Year built: 1937

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Evansville

    Financial & listing details

    • Tax assessed value: $280,500
    • Annual tax amount: $5,172
    • Date on market: 2/21/2025
    • Inclusions: Building, Lease
    • Lease term: 12 Months
    • Total actual rent: 37584
    • Tenant pays: Cable TV, Cooling, Electricity, Fuel, Heating, Deposit Value

    Price history

    DateEventPrice
    5/26/2026Listing removed$795
    Source: Zillow Rentals Report a problem
    5/15/2026Listed for rent$795
    Source: Zillow Rentals Report a problem
    5/1/2026Listing removed$795
    Source: Zillow Rentals Report a problem
    4/14/2026Price change$795-3.6%
    Source: Zillow Rentals Report a problem
    3/30/2026Price change$825-8.3%
    Source: Zillow Rentals Report a problem
    3/17/2026Listed for rent$900
    Source: Zillow Rentals Report a problem
    5/5/2025Sold$402,000-8.6%
    Source: IRMLS #202505452 Report a problem
    4/9/2025Pending sale$439,900
    Source: IRMLS #202505452 Report a problem
    2/21/2025Listed for sale$439,900+14.3%
    Source: IRMLS #202505452 Report a problem
    1/6/2023Sold$385,000-3.8%
    Source: IRMLS #202236544 Report a problem
    11/30/2022Listed for sale$400,000
    Source: IRMLS #202236543 Report a problem
    11/29/2022Pending sale$400,000
    Source: IRMLS #202236543 Report a problem
    11/1/2022Price change$400,000-3.6%
    Source: IRMLS #202236543 Report a problem
    10/7/2022Price change$415,000-2.4%
    Source: IRMLS #202236543 Report a problem
    9/1/2022Listed for sale$425,000
    Source: IRMLS #202236543 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,289 +2.3%$280,500 +14.4%
    2024$5,169 +15.4%$245,100 +3%
    2023$4,479 +6.7%$238,000 +16%
    2022$4,196 +2.3%$205,100 +8.6%
    2021$4,101 +0.6%$188,800
    2020$4,076 -0.2%$188,800
    2019$4,086 +0.5%$188,800 +0.2%
    2018$4,064 +2%$188,500 +1.1%
    2017$3,983 $186,400 +2.2%
    2016$3,983 +1.9%$182,400 -1.5%
    2014$3,910 -3.3%$185,100 +11.4%
    2013$4,045 +15.1%$166,100 +0.1%
    2012$3,514 -6.1%$165,900 -8.4%
    2011$3,741 +0.8%$181,200
    2010$3,709 +1.4%$181,200
    2009$3,657 $181,200
    Find assessor info on the county website

    Neighborhood: South Lincoln Park

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harper
    • Middle: Washington
    • High: Bosse
    • 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.

    Sell for more on Zillow
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    $420,900
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    With Zillow Showcase(estimated)
    $429,318
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $420,900
    2% more
    +$8,418
    With Zillow Showcase(estimated)
    $429,318

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