Listed by Keller Williams Capital Realty
$164,900
1629 Ewing
Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,064
Units 2
Cap Rate 8.83%
NOI $14,567
Occupancy 100%
Price per SqFt $80
Year Built 1914
Buildings 1
Stories 2
Acreage 0.170
Great investment opportunity on Evansville's west side!
Marketing description
Walk through contingent up acceted offer. Great duplex investment opportunity on the Westside. Upstairs unit was fully remodeled in 2024. Upstairs unit
(unit B) currently leased for $845. Lease expires 2/21/2026. Lower unit (unit A) rented for $650, lease up 10/17/2026. Updates to downstairs unit includes to A/C.
Electric is metered separately for each unit, while water is shared. Both units are now occupied.
Investment highlights
Unit A 2 bed 1 bath rent $650 per month lease exp date 10/17/2026
Unit B 2 Bed 1 bath rent $845 Per month lease exp date 2/21/2026
Listing Contacts
Listed by Keller Williams Capital Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$14,567.00
$1,213.92/mo
Valuation Metrics
0
DSCR
8.83%
Cap Rate
8.83%
ROI
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