708 SE 3rd St, Evansville, IN, 47713
About This Home
This rent-ready fourplex in downtown Evansville offers a unique investment opportunity for a House-hack, short term, OR long term cash-flowing rental. It features 4 studio-style apartments, 3 of which are recently renovated - including LVP, updated bathrooms & kitchen. Those 3 units were previously generating $1200/month each as mid-term furnished rentals (often travel nurses). The other unit is occupied by a long-term, reliable month-to-month tenant. Live rent-free in one of the units while still cash-flowing from the others, rent them all short or mid term for higher profits, or rent them all long-term for a stabilized, low maintenance asset.
Getting Around
Very Walkable
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Year built: 1894
Materials
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Basement
- Basement: Crawl Space,Brick
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 1
- Full bathrooms: 1
Features
- Flooring: Vinyl Tile,Vinyl
- Finished area below ground: 0
- Finished area above ground: 2,860
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 2,860
- Total interior livable area: 2,860 sqft
Property
Details
- Parcel number: 820630020089.009029
- Zoning: R-4
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch Covered
- Exterior features: Balcony
Lot
- Lot size: 2,613 sqft
- Features: Level,City/Town/Suburb
- Lot size dimensions: 38 x 65
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Tornado
- Winter Weather
- Cold Wave
- Heat Wave
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,188 | $14,256 |
| Home Insurance * | $518 | $6,216 |
| Property Taxes | $435 | $5,220 |
| Electricity | $262 | $3,146 |
| Total | $2,403 | $28,836 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-08 | Listed for sale | $235,000 |
| 2025-08-27 | Listing removed | $255,000 |
| 2025-08-18 | Price change | $255,000 |
| 2025-07-02 | Price change | $259,500 |
| 2025-05-01 | Price change | $265,000 |
| 2025-03-16 | Price change | $275,000 |
| 2025-02-18 | Listed for sale | $285,000 |
| 2023-09-15 | Sold | $210,000 |
| 2023-08-03 | Pending sale | $250,000 |
| 2023-07-29 | Listed for sale | $250,000 |
| 2020-10-21 | Listing removed | $155,000 |
| 2020-09-22 | Price change | $155,000 |
| 2020-05-11 | Listed for sale | $472,000 |
| 2017-05-23 | Listing removed | $400 |
| 2017-04-27 | Price change | $400 |
| 2017-03-15 | Price change | $425 |
| 2017-03-02 | Listed for rent | $450 |
| 2017-01-28 | Listing removed | $395 |
| 2016-09-28 | Listing removed | $450 |
| 2016-03-20 | Listing removed | $490 |
| 2015-11-14 | Listed for rent | $490 |
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