Turn-key investment opportunity! This well-maintained two-story 10-plex features ten 1 bed / 1 bath units, with 9 of the 10 units already updated—offering immediate cash flow from day one. The property has seen major recent improvements, including a brand-new roof installed within the past 2 months. Each unit is separately metered for electric, with tenants responsible for their own usage, helping keep operating costs low. Most tenants have been switched over to RUBS for water and sewer, providing additional income upside. The property also offers some off-street and on-street parking, a valuable amenity for tenants. With strong in-place rents, minimal deferred maintenance, and additional value-add potential through RUBS, this is an ideal addition to any investor’s portfolio.
Active
Price cut: $25.1K (8/28)
$499,900
613-615 N Fulton Ave, Evansville, IN 47710
10beds
5,105sqft
Multi Family
Built in 1900
-- sqft lot
$474,100 Zestimate®
$--/sqft
$-- HOA
What's special
Off-street and on-street parking
- 78 days
- 164
- 6
Zillow last checked:
Listing updated:
Listed by:
Jeremy Outlaw 812-550-0415,
Catanese Real Estate
Source: IRMLS,MLS#: 202622893
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Forced Air
Cooling
- Window Unit(s)
Features
- Ceiling-9+
- Flooring: Carpet, Vinyl
- Basement: None
Interior area
- Total structure area: 5,105
- Total interior livable area: 5,105 sqft
- Finished area above ground: 5,105
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 5
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,098 Square Feet
- Features: Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 820619029093.007029
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Block, Brick
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Electric: CenterPoint Energy
- Sewer: City, Public Sewer
- Water: City, Public
Community & HOA
Community
- Features: None
- Subdivision: None
Location
- Region: Evansville
Financial & listing details
- Annual tax amount: $5,012
- Date on market: 6/11/2026
- Listing terms: Cash,Conventional,Other
- Inclusions: Building, Land
- Lease term: Month To Month,12 Months
- Total actual rent: 68340
- Tenant pays: Electricity, Sewer, Water
Estimated market value
$474,100
$441,000 - $507,000
$1,085/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Price change | $499,900-4.8% |
Source:  IRMLS #202622893 Report a problem | ||
| 6/11/2026 | Listed for sale | $525,000 |
Source: IRMLS #202622893 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: STAR
Nearby schools
Schools provided by the listing agent
- Elementary: Lincoln
- Middle: Lincoln
- High: Central
- 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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