4 Plex Multi-family For Sale

Multi-Family for Sale
Sale Pending/Contingent
Catylist Listing ID: 30808285
Property Subtypes: Duplex/Fourplex
Status: Pending/Contingent
Number of Units: 4 Units
Building Size (RSF): 1,925 SF
Gross Building Area: See Agent
Gross Land Area: 0.17 Acres
Sale Price: $185,000
Unit Price: $46,250 Per Unit
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/20/2022

Overview / Comments

Apartments are comprised of 4 units including, (4) 1 Bedroom 1 Bath Units.
This investment property would be perfect for a first-time investor or for the tenured investor looking to add to their investment portfolio. Tenants pay for gas, & electric; Owner currently pays for water, sewer and trash pickup.


Finance Data Year 2022
Real Estate Taxes - Annual($) $1,272 (Annual)
Potential Rental Income $27,000 (Annual)
Gross Operating Income $18,907 (Annual)
Net Operating Income $9,900 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-05-35-018-041.011-025
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1965
Roof Type: Gable
Zoning Description: R-4
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,114 37,412 105,469
Median Age: 35.21 36.81 36.98
Households: 2,204 16,262 42,859
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