6223 Fox Ridge Road, Evansville, IN 47712
Local realty services provided by:CENTURY 21 Scheetz
Listed by: amanda conyers
Office: elite home and land realty
MLS#:202642135
Source:Indiana Regional MLS
Price summary
- Price:$150,000
- Price per sq. ft.:$56.6
About this home
4 RENTAL UNITS + 2.3 ACRES = MULTIPLE INCOME & DEVELOPMENT OPPORTUNITIES. RARE OPPORTUNITY TO OWN A FOURPLEX ON 2.3 ACRES JUST MINUTES FROM USI! Located on Evansville's desirable West Side, just 4 minutes west of the University of Southern Indiana off the Lloyd Expressway and just inside Posey County, this property offers an exceptional combination of existing rental units, value-add potential, and room for future expansion! This all-brick fourplex features approximately 2,650 square feet with four individual 1-bedroom, 1-bathroom units, each offering approximately 662 square feet of living space with 8-foot ceilings, a full kitchen with eat-in dining area and living room. The single-story building sits on a slab foundation and features a metal roof, all-electric utilities, septic system, German Township water, and parking for 9+ vehicles. VALUE-ADD OPPORTUNITY! All four units are in need of renovation and updating, offering investors the ability to improve the property and increase rental income. Two units are currently tenant-occupied (month to month long term tenants), while two are vacant and available for renovations. With USI just minutes away, the location offers potential appeal to students, faculty, corporate housing, and traditional long-term renters. For an owner-occupant investor, the property also presents an opportunity to live in one unit while collecting rental income from the others. THE REAL BONUS... OVER 2 ACRES OF ADDITIONAL OPEN LAND! With the existing fourplex strategically positioned near the eastern corner of the 2.3-acre parcel, the remaining acreage creates opportunities beyond the existing rental income. Explore the potential for an additional multifamily building, self-storage facilities, sub-divide for a single-family residence, or agricultural leasing to a neighboring farmer. The possibilities for maximizing this property's long-term value are worth exploring! All potential uses are subject to zoning, subdivision requirements, utility availability, and applicable approvals. Whether your strategy is to RENOVATE & HOLD, EXPAND YOUR RENTAL PORTFOLIO, CREATE ADDITIONAL INCOME STREAMS, OR EXPLORE FUTURE DEVELOPMENT, this property offers multiple avenues for potential investment growth in a convenient location near USI, Evansville's West Side amenities, and the Lloyd Expressway. Property being sold AS-IS. Septic was last pumped by TSF of St Wendle April 2021. Tenants' Rights Apply. Two units vacant. All showings by appointment only....
Contact an agent
Home facts
- Year built:1977
- Subdivision & Development:None
- Listing ID #:202642135
- Added:14 day(s) ago
- Updated:October 25, 2026 at 08:16 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:12
- Flooring:Carpet, Ceramic Tile, Concrete, Vinyl
- Kitchen Description:Range/Oven Hookup
- Basement Description:Slab
- Living area:2,650 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric, Forced Air
Structure and exterior
- Roof:Metal
- Year built:1977
- Building area:2,650 sq. ft.
- Lot area:2.3 Acres
- Lot Features:Level
- Architectural Style:One Story, Ranch
- Construction Materials:Brick
- Levels:1 Story
Schools
- High school:Mount Vernon
- Middle school:Mount Vernon
- Elementary school:Marrs
Utilities
- Water:Public
- Sewer:Septic
Finances and disclosures
- Price:$150,000
- Price per sq. ft.:$56.6
- Tax amount:$1,671
Parking
- Parking description:Concrete Driveway, Off Street Parking
New listings near 6223 Fox Ridge Road
- Coming Soon
$269,900Coming Soon3 beds 2 baths1,318 sq. ft.9110 Wynnfield Drive, Evansville, IN 47725
MLS# 202643884Listed by: F.C. TUCKER EMGE - Coming Soon
$124,900Coming Soon2 beds 1 baths1,006 sq. ft.2201 N Fulton Avenue, Evansville, IN 47710
MLS# 202641237Listed by: HARRIS HOWERTON REAL ESTATE - New
$145,000Active2 beds 1 baths902 sq. ft.916 Washington Avenue, Evansville, IN 47714
MLS# 202644118Listed by: EXP REALTY, LLC - New
$132,000Active2 beds 1 baths919 sq. ft.1811 Colin Avenue, Evansville, IN 47714
MLS# 202644087Listed by: F.C. TUCKER EMGE - New
$319,000Active4 beds 2 baths3,435 sq. ft.672 Colony Road, Evansville, IN 47714
MLS# 202644094Listed by: RE/MAX REVOLUTION - New
$49,500Active2 beds 1 baths740 sq. ft.721 E Tennessee Street, Evansville, IN 47711
MLS# 202644076Listed by: F.C. TUCKER EMGE - New
$245,000Active4 beds 1 baths2,400 sq. ft.5814 Broadway Avenue, Evansville, IN 47712
MLS# 202644077Listed by: ELITE HOME AND LAND REALTY - New
$399,900Active3 beds 3 baths2,975 sq. ft.13410 Woodland Lane, Evansville, IN 47725
MLS# 202644063Listed by: F.C. TUCKER EMGE - New
$159,900Active3 beds 2 baths1,894 sq. ft.11612 Sr 57, Evansville, IN 47725
MLS# 202644042Listed by: ERA FIRST ADVANTAGE REALTY, INC - New
$398,000Active3 beds 3 baths2,922 sq. ft.9301 Farmington Drive, Evansville, IN 47712
MLS# 202644045Listed by: RE/MAX REVOLUTION