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512 E Riverside Drive, Evansville, IN 47713

Evansville
Local realty services provided by:CENTURY 21 Scheetz
512 E Riverside Drive,Evansville, IN 47713
$199,000
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  • 4 Beds
  • 2 Baths
  • 2,844 sq. ft.
  • Multi-family
  • Active
Listed by: jonathan baker, ryan van laninghamOffice: 812-491-6247
Office: baker auction & realty
MLS#:202609071
Source:Indiana Regional MLS

Price summary

  • Price:$199,000
  • Price per sq. ft.:$45.39

About this home

Outstanding investment opportunity featuring a 5-unit portfolio across three properties on E. Riverside Dr. The front property, 512 E. Riverside Dr., offers mixed-use potential with a main-level commercial space previously utilized as an insurance office, recently rented for $800/month. The upper level includes a 2-bedroom residential unit that was previously leased for $500/month. This property also includes a detached garage, adding additional value and utility. Situated just down the driveway, 514–516 E. Riverside Dr. consists of a duplex with two 1-bedroom units, providing steady rental potential. This parcel also features a detached garage. Rounding out the portfolio is 663 E. Riverside Dr., a 2-bedroom single-family home with long-term tenants already in place, offering immediate and consistent rental income. With multiple income streams, a mix of residential and commercial use, and value-add potential, this portfolio is ideal for investors looking to expand or diversify...

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Home facts

  • Year built:1894
  • Listing ID #:202609071
  • Added:56 day(s) ago
  • Updated:May 15, 2026 at 02:51 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet
  • Basement Description:Partial Basement
  • Living area:2,844 sq. ft.

Heating and cooling

  • Cooling:Central Air, Window
  • Heating:Forced Air
  • Central air:Yes

Structure and exterior

  • Year built:1894
  • Building area:2,844 sq. ft.
  • Lot area:0.24 Acres
  • Lot Features:Level
  • Architectural Style:Two Story
  • Construction Materials:Vinyl
  • Levels:2 Stories

Schools

  • High school:Bosse
  • Middle school:Glenwood
  • Elementary school:Glenwood

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$199,000
  • Price per sq. ft.:$45.39
IRMLS 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. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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