Evansville, IN 47714 512 S Lincoln Park Drive

$439,900

Pending
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Presented By: Charles Butler with KELLER WILLIAMS CAPITAL REALTY; Cell: 812-430-1708
  • MLS# 202505452
  • 02/21/2025
  • Get pre-approved
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  • Beds • 5
  • Baths • 5
  • SQFT • 5,470

Home Details

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.
Presented By: Charles Butler with KELLER WILLIAMS CAPITAL REALTY; Cell: 812-430-1708

Interior Features for 512 S Lincoln Park Drive

Bedrooms

Num. of 1 Bedrooms3
Num. of 2 Bedrooms1
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms1
Unit 2-# of Bedrooms1
Unit 3-# of Bedrooms1
Unit 4-# of Bedrooms2
Above Grade Bedrooms5
Beds5
Below Grade Bedrooms

Bathrooms

Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Below Grade Baths

Other Interior Features

Total Finished SqFt5470
Basement Y/NYes
Above Grade Finished SqFt5470
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt1728
Num. of Efficiencies0
BasementCrawl, Full Basement
Dishwasher(s)0
Disposal(s)
Dryer(s)1
FlooringCarpet, Wood, Tile
Microwaves
Ranges/Ovens4
Refrigerators4
Total Number of Units4
W/D Hookups1
Washers1

Other Rooms

Total Rooms Below Grade

General for 512 S Lincoln Park Drive

Age88
Agent First NameCharles
Agent Last NameButler
Annual Electric Expense1398
Annual Fuel Expense
Annual Insurance Expense3321
Annual Trash Expense
AreaVanderburgh County
Assoc. Dues FrequencyNot Applicable
Associated Document Count1
Auction Y/NNo
Bathrooms5
CityEvansville
ClassINVESTMENT
CoolingCentral Air, Multiple Cooling Units
DOM47
Elementary SchoolHarper
FIPS Code18163
FeaturesBasement, Ceiling Fan, Off Street Parking, Near Walking Trail, Storage, Open Floor Plan, Porch Covered, Porch Screened
Full Baths5
Half Baths
HeatingGas, Forced Air, Multiple Heating Systems
High SchoolBosse
Legal DescriptionLINCOLN TERR REPLAT LOT 10
Lot Number10
Middle SchoolWashington
Net Income20345
New ConstructionNo
OwnerPaysBuilding Insurance, Maintenance, Sewer, Trash Collection, Water
Pet Restrictions Y/NYes
REONo
Rent Income37584
School DistrictEvansville-Vanderburgh School Co
SewerCity
StatusPending
StatusPending
Status Detail0
Stories2
StyleTwo Story
SubdivisionNone
Tax Year2024
Tenant PaysCable, Cooling, Electric, Fuel, Heating, Deposit Value
Total Sq Ft7198
TownshipKnight
TypeFourplex
Virtual TourClick here
Year Built1937

Exterior for 512 S Lincoln Park Drive

Approx. Lot Size Acres0.32
Electric Meters5
ExteriorBrick
Gas Meters4
Lot DescriptionLevel
Lot Dimensions55X257
Lot Size Area14135
Number of Parking Spaces4
OutbuildingNone
PoolNo
Water Meters1
Waterfront Y/NNo

Additional Details

Price History

Schools

Middle School Washington Middle School
Elementary School Harper Elementary School
High School Bosse High School

Cristina Derucki

Price $439,900
MLS#202505452
List Date 02/21/2025
Property Type Pending
Phone (574) 310-0435
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