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Map
$1,423,698*
●
Multifamily -
Off Market
1143 1163 Covert Avenue
Evansville, IN 47714
63 Beds
39 Baths
11490 Sqft
$1,139,000 - $1,391,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
About This Property
The Phoenix is a 39 unit complex consisting of three buildings with
13 units each. Located on the SW corner of Highway 41 and Covert.
Each building has a new boiler. Middle building has a laundry area
that produces income. Current owner has worked hard rehabbing the
units as needed, while building a new tenant base that pays their
own electric. Water, trash, and sewer are included. Units are smoke
free and pet free. Professionally managed and vacant units rent
quickly. Opportunity to increase below market rents. Seller is a
licensed real estate agent.
The manager has listed the unit size as 11490 square feet.
The manager has listed the unit size as 11490 square feet.
Unit Size
11,490Ft²
Days on Market
-
Land Size
1.48 acres
Price per sqft
$110
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 27, 2020 | In contract | - | |
| In contract | |||
| May 12, 2020 | Price Decreased |
$1,265,000
↓ $135K
(9.6%)
|
|
| Price Decreased | |||
| Mar 22, 2020 | Listed | $1,399,966 | |
| Listed | |||
Property Highlights
Air Conditioning
1143 1163 Covert Avenue
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
03/22/2020
|
|
63 Bed
|
39 Bath
|
11490 ft²
|
$1,399,966
63 Bed
39 Bath
11490 ft²
|
-
-
|
-
|
-
|
Building Info
About Evansville South Side
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