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Sold on 02/13/2025
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655 E Riverside Dr, Evansville, IN 47713

$56,000

Last sold 02/13/2025 for $51.6K

  • 2

    bed

  • 1

    bath

  • 1,031

    Sqft

Multi-family not for sale
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About 655 E Riverside Dr

Property type Multi-family
Neighborhood
Year built 1869
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
This is your opportunity to purchase an investment portfolio of 12 Evansville single family homes that are all currently rented. This property is 1 of 12 properties included in this sale - all must be purchased together at a total price of $637,500. All are currently rented. Do not disturb tenants. The total package includes 1015 S Linwood Ave, 1116 S Linwood Ave, 116 S Grand Ave, 1506 Judson St, 440 S Denby Ave, 501 S New York Ave, 655 E Riverside Dr, 729 Bayard Park Dr, 737 E Powell Ave, 745 E Blackford Ave, 728 E Riverside Ave, and 2608 N Elsas Ave.
Listed by
Listing Agent - Trae Dauby
Listing Agent Contact: Cell: 812-777-4611
Listing Office - Dauby Real Estate
Source: IRMLS mls logo
MLS#202501627 • last updated 1 year ago
Movoto checked IRMLS for data 10 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air
Levels/Style 1, One Story
Status Sold
MLS # 202501627
Type INVESTMENT
SubType Other
SqFt (Total) 1031
SqFt (Finished) 1031
Lot Size (SqFt) 3360
L:ot Size (Acres) 0.08
Property Taxes 904
Foreclosure (Y/N) No
Year Built 1869
Short Sale (Y/N) No
HOA Fees $ Not Applicable
Number of Units 1
Interior
Total # Bathrooms 1
# Full Baths 1
Total # Bedrooms 2
Flooring Other
Exterior
Exterior Aluminum
Basement/ Foundation Crawl
Lot Dimensions 28X120
Other Structure(s) None
Lot Desc Level, 0-2.9999
Amenities / Utilities
Sewer Public
Water Public
Amenities Other-See Remarks
Location
Area Vanderburgh County
Subdivision Maple Grove / Maplegrove
High School Francis Joseph Reitz
Middle School Helfrich
Elementary School Tekoppel
School District Evansville-Vanderburgh School Corp.
APN 82-06-32-022-078.024-029
Waterfront Y/N No
Multifamily Details
Owner Pays Building Insurance, Maintenance
Tenant Pays Cooling, Electric, Heating, Sewer, Trash Collection, Water
Annual Net Income 8996
Gross Monthly Rent $ 825
Annual Gross Rent $ 9900
$56K
Range: $42K-$70K
Last 30 days 
Rental est.: $1,316/month
Gross rent multiplier: 3.3 - Excellent
  • Feb 2025
    mls logo MLS # 202501627
  • Feb 14, 2025 Pending
    —
  • Feb 12, 2025 Listed
    $53,125 (+8.7%)
  • Jan 24, 2025 Pending
    —
  • Jan 17, 2025 Listed
    $48,863 (+91.7%)
  • Aug 2018
    mls logo MLS # 201816895
  • Aug 28, 2018 Sold
    $25,489 (-12.7%)
  • Aug 28, 2018 Sold
    $29,200 (-18.7%)
  • May 4, 2018 Pending
    —
  • Apr 26, 2018 Listed
    $35,900 (+7.5%)
  • Nov 2016
    mls logo MLS # 201537495
  • Nov 17, 2016 Expired
    —
  • Jul 20, 2016 Listed
    —
  • Jul 18, 2016 Expired
    —
  • May 18, 2016 Price Change
    $33,387 (-7.0%)
  • Feb 24, 2016 Listed
    —
  • Feb 23, 2016 Expired
    —
  • Jul 22, 2015 Listed
    $35,900 (+14.3%)
  • Jan 2014
    mls logo MLS # 895079
  • Jan 27, 2014 Expired
    —
  • Jan 11, 2006 Listed
    $34,500 (-8.0%)
  • Apr 2008
    mls logo MLS # 921593
  • Apr 8, 2008 Expired
    —
  • Oct 8, 2007 Listed
    $31,400 (-9.0%)
  • Jul 2002
    mls logo MLS # 911614
  • Jul 25, 2002 Expired
    —
  • Jan 24, 2002 Listed
    $37,500 (+158.6%)
  • Jun 2000
    mls logo MLS # 1016907
  • Jun 30, 2000 Sold
    $14,500 (-27.1%)
  • Apr 4, 2000 Listed
    $19,900
  • Year Property taxes Tax assessment
  • 2025
    $1,001 -10.9%
    $46,700
  • 2024
    $1,124 -31.8%
    $46,700 +8.1%
  • 2023
    $1,649 -29.0%
    $43,200 +51.58%
  • 2022
    $2,322 +319.6%
    $28,500
  • 2021
    $553 -33.2%
    $28,500 +14.46%
  • 2020
    $828 -3.4%
    $24,900
  • 2019
    $858 +58.9%
    $24,900
  • 2018
    $540 +0.6%
    $24,900
  • 2017
    $536 -26.7%
    $24,900 -25.67%
  • 2016
    $732 +2.6%
    $33,500
  • 2015
    $713
    —
  • 655 E Riverside Dr
    $51.6K
  • Glenwood
    $74K +13% y/y
  • 47713
    $85K -29% y/y
  • Evansville
    $219K +2% y/y
No chart available
Statistics calculated by Movoto

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4/10
Tekoppel Elementary School
public Grades K-5
Evansville Vanderburgh Sch Corp
7/10
Helfrich Park Stem Academy
public Grades 6-8
Evansville Vanderburgh Sch Corp
6/10
Francis Joseph Reitz High School
public Grades 9-12
Evansville Vanderburgh Sch Corp
Source: GreatSchools.org © 2026. All rights reserved.

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