#202509582, Jonathan Baker, Listing Office: BAKER AUCTION & REALTY
216 Oak St Evansville, IN 47713
Property details
About 216 Oak St
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.
Highlights
Virtual tour
Summary
- Heating: Natural Gas, Radiant
- Cooling: Window Unit(s)
- List Price: $186,000
- Annual Tax Amount: $2,558
- Tax Year: 2023
- Directions: From Riverside turn on Cherry, right on 3rd, right on Oak, building is on the right
- Year Built: 1869
- Stories: 2
- Lot Size: 0.12 Acres
- MLS Number: 202513781
- Office Name: RE/MAX REVOLUTION
- Office Phone: (812) 499-0878
- Listing Agent: Mitch Isbell
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2025, 9:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$186,000
216 Oak St
$2,209
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 02, 2022 | Home Sold | $245,000 |
Jul 20, 2021 | Home Sold | $224,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $96,400 | $2,558 |
2022 | $89,700 | $1,958 |
2021 | $82,400 | $1,789 |
2020 | $82,400 | $1,779 |
2019 | $82,400 | $1,772 |
2017 | $81,500 | $- |
History based on county public records data.
Nearby schools
5
Delaware Elementary School
Public District KG-6
1.4 mi
•700 N Garvin St
3
Joshua Academy
Public Charter KG-6
1.7 mi
•1230 E Illinois St
4
Harper Elementary School
Public District KG-5
2.5 mi
•21 S Alvord Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $43,649. The majority of Evansville, IN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.
Similar homes for sale
This home is located at 216 Oak St in Evansville, IN and zip code 47713 in the Riverside neighborhood. This home, which was built in 1869, sits on a 0.12 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 21, 2025 and is currently priced at $186,000.
While more than 62 listings in Evansville, IN in May 2025 were sold above asking price, there were more than 55 listings sold at asking price, and more than 108 were sold below. The number of homes for sale in Evansville, IN increased by 14.2% between April and May 2025.