$186,000

216 Oak St Evansville, IN 47713

$2,209
Closing credit¹
0.1 acres
Multi-Family

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

Home typeMulti Family
HeatingNatural Gas, Radiant
StatusActive
CoolingWindow Unit(s)
Lot size0.12 Acres
Year built1869
MLS #202513781

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

IDX 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: 5/4/2025, 3:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

traditional-style house featuring a front yard, a balcony, and fence

$186,000

216 Oak St

$2,209

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 02, 2022
Home Sold
$245,000
Jul 20, 2021
Home Sold
$224,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $43,649. Typical income of Evansville, IN residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

41%
<35k
44%
35k-100k
7%
100k-200k
8%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

77%
Single, No Kids
4%
Single, with Kids
14%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
4%
12-17 yrs old
32%
18-34 yrs old
46%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Continuing Education CoursesContinuing Education Courses
  • UFCUFC

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Express/Express For MenExpress/Express For Men
  • Forever 21Forever 21

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • QdobaQdoba
  • Burger KingBurger King

What do the neighbors drive?

  • CadillacCadillac
  • VolkswagenVolkswagen
  • BuickBuick

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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.

Evansville, IN housing market in April 2025 saw over 50 listings sold above listed price, more than 52 sold at listed price and over 92 sold below. The number of homes for sale in Evansville, IN increased by 15% between March and April 2025.

From Rocket Homes Real Estate and based on county public records data.

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