7 -Plex Multi-Family For Sale

Multi-Family for Sale
Catylist Listing ID: 30808286
Property Subtypes: Low-Rise/Garden
Number of Units: 7 Units
Building Size (RSF): 5,195 SF
Gross Building Area: See Agent
Sale Price: $299,000
Unit Price: $42,714.29 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/28/2022

Overview / Comments

This investment property would be perfect for a first-time investor or for the tenured investor looking to add to their investment portfolio. Apartments are comprised of 7 units including, (2) 3 Bedroom 1 Bath Units (2) 2 Bedroom 1 Bath Units and (3) 1 Bedroom 1 Bath Units. Tenants pay for gas, & electric, Owner currently pays for water, sewer and trash pickup.

Attachments & Media


Finance Data Year 2022
Real Estate Taxes - Annual($) $2,474 (Annual)
Potential Rental Income $57,180 (Annual)
Gross Operating Income $39,154 (Annual)
Net Operating Income $23,322 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Evansville
County: Gibson
Tax ID/APN: 26-12-18-204-003.763-028
Total Number of Buildings: 1
Roof Type: Gable

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,372 10,121 12,797
Median Age: 36.19 38.31 39.7
Households: 1,334 4,114 5,181
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