Skip main navigation
For sale by owner
  • $175,000

    615 Bellemeade Ave, Evansville, IN 47713

    5beds
    2baths
    3,072sqft
    : 
    $1,192/mo
    Get pre-qualified
    MultiFamily
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $57/sqft
    $-- HOA

    Overview

    FOR SALE BY OWNER- Turnkey Income Producing Investment Property in need of some remodeling Investor Opportunity! Add a cash-flowing property to your portfolio with immediate income of more than $2500 per month. This fully tenant-occupied, turnkey investment features reliable tenants who are under lease through June 2027 providing stable and predictable income from day one. No vacancy concerns, no immediate leasing costs. Simply purchase and begin collecting rental income. Whether you're an experienced investor looking to expand your portfolio or completing a 1031 exchange, this property offers an opportunity to acquire an income-producing asset with built-in cash flow and long-term tenant stability. ***** For Sale By Owner. Serious inquires only. Showings by appointment only to respect the tenants' privacy.
    37 days
    |
    371
    |
    7
    |
    Listed by:

    Property Owner (954) 559-9569

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 2
      Heating
      • Other
      Cooling
      • Central
      Features
      • Basement: Unfinished
      Interior area
      • Total interior livable area: 3,072 sqft

      Property

      Lot
      • Size: 9,360 Square Feet
      Details
      • Parcel number: 820629023012001029

      Construction

      Type & style
      • Home type: MultiFamily
      Materials
      • masonry
      • Foundation: Crawl/Raised
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1949

      Community & HOA

      Location
      • Region: Evansville

      Financial & listing details

      • Price per square foot: $57/sqft
      • Tax assessed value: $91,000
      • Annual tax amount: $1,761
      • Date on market: 7/7/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $774/mo

        Price history

        DateEventPrice
        7/7/2026Listed for sale$175,000+105.9%$57/sqft
        Source: Owner Report a problem
        4/10/2024Sold$85,000
        Source: IRMLS #202404846 Report a problem
        2/22/2024Pending sale$85,000
        Source: IRMLS #202404846 Report a problem
        2/16/2024Listed for sale$85,000
        Source: IRMLS #202404846 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,761 -14.3%$91,000 +11.5%
        2024$2,053 -0.8%$81,600 -6.2%
        2023$2,070 $87,000 -0.3%
        2022-- $87,300 +7.4%
        2021-- $81,300 -0.1%
        2020-- $81,400 -9.2%
        2019-- $89,600 +403.4%
        2018-- $17,800 +0.6%
        2017-- $17,700 -0.6%
        2016-- $17,800 -76.8%
        2014-- $76,800 -0.9%
        2013-- $77,500 +0.6%
        2012-- $77,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Glenwood

        Getting around

        29 / 100
        Car-Dependent
        33 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes