This rent-ready fourplex in downtown Evansville offers a unique investment opportunity for a House-hack, short term, OR long term cash-flowing rental. It features 4 studio-style apartments, 3 of which are recently renovated - including LVP, updated bathrooms & kitchen. Those 3 units were previously generating $1200/month each as mid-term furnished rentals (often travel nurses). The other unit is occupied by a long-term, reliable month-to-month tenant. Live rent-free in one of the units while still cash-flowing from the others, rent them all short or mid term for higher profits, or rent them all long-term for a stabilized, low maintenance asset.
Active
$235,000
708 SE 3rd St, Evansville, IN 47713
4beds
2,860sqft
Quadruplex
Built in 1894
-- sqft lot
$223,700 Zestimate®
$--/sqft
$-- HOA
What's special
Updated bathrooms
- 53 days
- 492
- 26
Zillow last checked:
Listing updated:
Listed by:
Evan Birch Cell:812-215-1057,
eXp Realty, LLC
Source: IRMLS,MLS#: 202627087
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Natural Gas
Cooling
- Central Air
Features
- Flooring: Vinyl Tile, Vinyl
- Basement: Crawl Space,Brick
Interior area
- Total structure area: 2,860
- Total interior livable area: 2,860 sqft
- Finished area above ground: 2,860
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Exterior features: Balcony
Lot
- Size: 2,613 Square Feet
- Dimensions: 38 x 65
- Features: Level, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 820630020089.009029
- Zoning: R-4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- New construction: No
- Year built: 1894
Utilities & green energy
- Electric: CenterPoint Energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Evansville
Financial & listing details
- Tax assessed value: $133,100
- Annual tax amount: $2,941
- Date on market: 7/8/2026
- Listing terms: Cash,Conventional,FHA
- Inclusions: Building
- Lease term: Month To Month
- Total actual rent: 41940
- Tenant pays: Electricity, Sewer, Water
Estimated market value
$223,700
$213,000 - $235,000
$1,363/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/8/2026 | Listed for sale | $235,000-7.8% |
Source:  IRMLS #202627087 Report a problem | ||
| 8/27/2025 | Listing removed | $255,000 |
Source: IRMLS #202505033 Report a problem | ||
| 8/18/2025 | Price change | $255,000-1.7% |
Source: IRMLS #202505033 Report a problem | ||
| 7/2/2025 | Price change | $259,500-2.1% |
Source: IRMLS #202505033 Report a problem | ||
| 5/1/2025 | Price change | $265,000-3.6% |
Source: IRMLS #202505033 Report a problem | ||
| 3/16/2025 | Price change | $275,000-3.5% |
Source: IRMLS #202505033 Report a problem | ||
| 2/18/2025 | Listed for sale | $285,000+35.7% |
Source: IRMLS #202505033 Report a problem | ||
| 9/15/2023 | Sold | $210,000-16% |
Source: IRMLS #202326747 Report a problem | ||
| 8/3/2023 | Pending sale | $250,000 |
Source: IRMLS #202326747 Report a problem | ||
| 7/29/2023 | Listed for sale | $250,000+61.3% |
Source: IRMLS #202326747 Report a problem | ||
| 10/21/2020 | Listing removed | $155,000$54/sqft |
Source: FC TUCKER EMGE REALTORS #202016605 Report a problem | ||
| 9/22/2020 | Price change | $155,000-67.2%$54/sqft |
Source: FC TUCKER EMGE REALTORS #202016605 Report a problem | ||
| 5/11/2020 | Listed for sale | $472,000$165/sqft |
Source: FC TUCKER EMGE REALTORS #202016605 Report a problem | ||
| 5/23/2017 | Listing removed | $400 |
Source: FC TUCKER EMGE REALTORS #201708262 Report a problem | ||
| 4/27/2017 | Price change | $400-5.9% |
Source: FC TUCKER EMGE REALTORS #201708262 Report a problem | ||
| 3/15/2017 | Price change | $425-5.6% |
Source: FC TUCKER EMGE REALTORS #201708262 Report a problem | ||
| 3/2/2017 | Listed for rent | $450+13.9% |
Source: FC TUCKER EMGE REALTORS #201708262 Report a problem | ||
| 1/28/2017 | Listing removed | $395-12.2% |
Source: FC TUCKER EMGE REALTORS #201638748 Report a problem | ||
| 9/28/2016 | Listing removed | $450-8.2% |
Source: FC TUCKER EMGE REALTORS #201635698 Report a problem | ||
| 3/20/2016 | Listing removed | $490 |
Source: F.C. Tucker Emge REALTORS #201552787 Report a problem | ||
| 11/14/2015 | Listed for rent | $490 |
Source: FC TUCKER EMGE REALTORS #201552787 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,941 +3.7% | $133,100 -2.3% |
| 2024 | $2,836 +7.4% | $136,300 +4.4% |
| 2023 | $2,641 +7.5% | $130,600 +7.8% |
| 2022 | $2,456 +42.9% | $121,200 +9.4% |
| 2021 | $1,718 +0.6% | $110,800 +40.1% |
| 2020 | $1,708 -0.1% | $79,100 |
| 2019 | $1,710 -2.1% | $79,100 +0.3% |
| 2018 | $1,748 +2.3% | $78,900 +0.9% |
| 2017 | $1,708 | $78,200 |
| 2016 | $1,708 +2.7% | $78,200 +1.4% |
| 2014 | $1,663 -1.3% | $77,100 +9.1% |
| 2013 | $1,685 +11.9% | $70,700 -0.6% |
| 2012 | $1,506 +57.3% | $71,100 +51.3% |
| 2011 | $957 +0.6% | $47,000 |
| 2010 | $951 +1.2% | $47,000 |
| 2009 | $940 | $47,000 |
| 2006 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Wheeler
Nearby schools
Schools provided by the listing agent
- Elementary: West Terrace
- 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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