28 E Powell Avenue Active Save Request In-Person Tour Request Virtual Tour
Evansville,IN 47713
Key Details
Property Type Single Family Home
Sub Type Site-Built Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,089 sqft
Price per Sqft $101
MLS Listing ID 202447754
Style Three Story
Bedrooms 5
Full Baths 3
Year Built 1889
Annual Tax Amount $2,092
Tax Year 2024
Lot Size 9,199 Sqft
Property Description
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.
Location
State IN
County Vanderburgh County
Area Vanderburgh County
Rooms
Family Room 12 x 15
Dining Room 16 x 11
Kitchen Main, 10 x 10
Interior
Heating Gas,Forced Air,Multiple Heating Systems
Cooling Central Air,Multiple Cooling Units
Flooring Carpet,Laminate,Tile
Fireplaces Number 2
Fireplaces Type Extra Rm,Living/Great Rm
Laundry Main
Exterior
Fence Chain Link,Privacy
Amenities Available Ceiling-9+,Ceiling Fan(s),Countertops-Laminate,Patio Covered,Porch Covered,Stand Up Shower,Tub/Shower Combination
Roof Type Dimensional Shingles
Building
Lot Description Level
Story 3
Foundation Crawl,Partial Basement,Outside Entrance
Sewer City
Water City
Structure Type Vinyl
New Construction No
Schools
Elementary Schools Tekoppel
Middle Schools Helfrich
High Schools Francis Joseph Reitz
School District Evansville-Vanderburgh School Corp.