$525,000

613 615 N Fulton Avenue, Evansville, IN 47710

  • 10 beds |
  • 10 baths |
  • 5,105 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon6,098sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $103/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

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.

Listing Status:
Active
Date Added:
June 11, 2026
Data Last Updated:
July 7, 2026 at 4:59PM
Listing Office:
Catanese Real Estate : 812-454-0989
Listing Agent:
Jeremy Outlaw : 812-550-0415
MLS ID:
202622893
  • Basement: None
  • Flooring: CarpetVinyl
  • A/C: Window
  • Heating: Forced Air
  • General: BlockBrick
  • Style: Two Story
  • Other Structures: None
  • Parking: Parking spaces: 5
  • School District: Evansville-Vanderburgh School Corp.
  • Zoning: LAMASCO LOTS 7 & 8 BL 30 CARPENTERREITZROWLEYS SUB82-06-19-029-093.007-029

This listing courtesy of Jeremy Outlaw , Catanese Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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