216 Oak Street, Evansville, IN 47713 - Vanderburgh County

Opportunity knocks with this 5-unit multifamily property in downtown Evansville, near the Haynies Corner arts district, the Riverfront and less than a mile away from the IU School of Medicine. This Fiveplex includes: two 2 bed/1 bath units, two 1 bed/1bath units and a studio apartment. This property needs significant TLC to bring it back to life but has huge upside potential for the right investor. None of the units are currently rented, offering a clean slate for renovations. Owner currently pays all utilities. Off street parking is available for tenants at the rear of the property. Possession at closing and property is sold as is.

Copyright © 2025 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.