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$45,000

1307 Cumberland Street Evansville, IN  47712

  • 5 Beds
  • 3 Baths
  • 3,563 sq. Ft

Property Description for 1307 Cumberland Street Evansville, IN 47712

Welcome to your next investment opportunity in the heart of the west side of Evansville! This tri-plex property offers a unique blend of comfort, convenience, and potential rental income. Property Overview: Location: Situated on the west side of Evansville, this tri-plex is nestled in a residential neighborhood known for its tranquility and proximity to local amenities. Unit Configuration: The property consists of three individual units, each designed with functionality and modern living in mind. Bedrooms and Baths: With a total of 5 bedrooms and 3 baths, the tri-plex provides spacious and comfortable living spaces for potential tenants. Additional Property Features: Outdoor Spaces: A shared backyard or patio space provides an outdoor retreat for residents to relax and unwind. Parking: Ample parking space is available, ensuring convenience for tenants with vehicles. Investment Potential: With a prime location on the westside of Evansville, this tri-plex presents a promising investment opportunity. The demand for rental properties in this area is high, making it an attractive option for investors looking to expand their portfolio. Local Amenities: Close proximity to schools, parks, shopping centers, and other essential amenities enhances the property's appeal, making it an attractive choice for potential tenants. Don't miss out on the chance to own a tri-plex in this sought-after location. Whether you're a seasoned investor or looking to enter the real estate market, this property offers a solid foundation for long-term success.

Address:1307 Cumberland Street Evansville IN 47712
Status:Active
on site: 85 days
Price:$45,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,563
Year Built:1900
Lot Size:0.09
County: Vanderburgh County
Township: Pigeon
School System : Evansville-Vanderburgh
MLS #:202427559
Property Type:Site-Built Home

Lot Dimensions:24x100
Lot Description:Corner
Directions:West on broadway to cumberland. Property on right as soon as you turn
Total Sq. Ft. :3,563
Basement:Yes

Loan Price
$302
Price And Interest $235/month
Property Tax $48/month
MTG INS $0/month
HOME INS $19/month
Price
$45,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$48/month
Home Owner Insurance
$228 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 10 x 10 Main
2nd Bedroom 10 x 10 Main
3rd Bedroom 10 x 10 Main
4th Bedroom 10 x 10 Upper
5th Bedroom 10 x 10 Upper

Semi-Annual Property Tax:$289
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47712

High School:Francis Joseph Reitz
Middle School:Perry Heights
Elementary School:Daniel Wertz

Total Sq. Ft.:3,563
Exterior Features:Aluminum
Fuel:Forced Air
Cool:Central Air
Heat:Forced Air
Total Rooms:15
Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company

Listing provided courtesy of Jason Dicken with NextHome Hahn Kiefer Residential

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Evansville Market Report

128
Avg. DOM
$129.39
Avg. $ / Sq.Ft.
$ 215,450
Med. List Price

The house prices in Evansville are indeed dropping at the moment. There has been a decrease in price of $5,646.19. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Evansville are going Down. The average house price is $210,000.00 and the average price per square feet is $128.54 per square feet. At the moment, the amount of homes listed is exactly 4400 houses, with 499 with active status, 263 with pending status and 3638 sold in Evansville .

The most popular place to buy a home in Evansville is 8207 - Vanderburgh - Pigeon. 8207 - Vanderburgh - Pigeon is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Evansville .

The average amount of property taxes you would have to pay for a home in Evansville is $1,910.07. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Evansville are staying listed for an average of 62 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Evansville was 74 minutes ago.

At the moment we have 1 open houses that you can visit.

The cost of the most expensive home in Evansville is $1,499,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Evansville is $19,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Evansville in year 1836 and the newest built house is in year 2024.

The average size of properties in Evansville is 1871.15 sq.ft. , the biggest one being 6852 sq.ft. and the smaller being 630 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.