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28 E Powell Avenue, Evansville, IN 47713

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For Sale

$315,000

5 beds • 3 baths • 3,089 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $101.97
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Investment Opportunity: Fully Renovated Tri-Plex in Desirable Haynie's Corner Art District Nestled in the vibrant Haynie's Corner Art District and in close proximity to the IU Medical School, this meticulously renovated tri-plex presents an exceptional real estate investment with turn-key appeal and comprehensive upgrades. The property boasts three distinct units totaling 2,841 rentable square feet, offering versatility and strong income potential for discerning investors. The main level features Unit A, a 1,316 sq ft two-bedroom unit, complemented by two upstairs units: Unit B, a 913 sq ft two-bedroom space, and Unit C, a 612 sq ft one-bedroom apartment. Each unit has been designed with quality finishes, including wood cabinetry, Formica countertops, and convenient washer and dryer hookups. Recent renovations demonstrate a comprehensive approach to property improvement, with upgrades spanning every critical system and surface. The property features a complete roof replacement, modernized HVAC system, newer water heaters, updated windows, refreshed siding, and full electrical and plumbing system overhauls. Interior improvements include new flooring, lighting, fully remodeled kitchens with tile floors, upgraded bathrooms, and newer appliances. A dedicated 4-car off-street parking lot provides additional value and convenience, addressing a need in this area. The property's positioning in the heart of the Haynie's Corner Art District, coupled with its proximity to the IU Medical School, makes it an option for medical professionals, students, and art community members seeking a well-maintained, centrally located residence. This tri-plex is an investment opportunity with a blend of modern upgrades, strategic location, and versatile unit configurations.
MLS# 202447754

Courtesy Of Keller Williams Capital Realty

(812) 422-4096

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Ceiling Fan
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Heating System
    Fireplace, Forced Air
  • Lot Size
    0.21 Acres
  • Rooms
    Dining Room, Family Room, Great Room, Kitchen, Living Room

Map and Directions

Directions to 28 E Powell Avenue, Evansville, IN 47713

Home seller CENTURY 21 Arnold Associates

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Arnold Associates

(812) 547-6433
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Copyright © 2024 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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