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Courtesy of Rental Property Realty, Ashley Riordan-Elpers, 812-598-0238
15 Beds
11 Baths
8,327 sqft

$895,000

509 SE First Street, Evansville IN, 47713

Price per sqft$107.48
Built in1919
Property size8,327 sqft
Property typeMulti-family

Overview

Active

Updated Aug 8

Rare opportunity to purchase three properties on one parcel—509, 509.5 and 511 SE First Street—offered together with a total of 11 doors. Located in Evansville's Historic District, the properties offer convenient access to Downtown Evansville, the riverfront and nearby amenities. Currently at 90% occupancy rate. The portfolio has seen several recent improvements, including a newer roof at 509.5 and a recently replaced roof and soffits at 511. A great opportunity for an investor looking to add multiple doors to their portfolio in an established Evansville location and is currently professionally managed.

$5,954/mo

Est. mortgage payment based on a $895,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202631399

Interior Features

Bedrooms
15
Bathrooms
11
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.39 Acres
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

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Data last updated 4:11 AM UTC, 8/8/2026

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