# 512 E Riverside Drive, Evansville, IN 47713

> **TL;DR:** 4bd/2ba multi-family, $199,000 ($70/sqft), 2,844 sqft.
> Basement. Est. $862/mo. Listed 22 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $199,000 |
| Price/sqft | $70 |
| Bedrooms | 4 |
| Bathrooms | 2 full |
| Square Feet | 2,844 |
| Lot Size | 10,454 sqft (0.24 acres) |
| Stories | 2 |
| Property Type | Multi-Family (Duplex) |
| Status | For Sale |
| Days on Market | 22 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $862 |
| **Total** | **$862** |

## Nearby Schools

- **Elementary:** Glenwood
- **Middle:** Glenwood
- **High:** Bosse

## Key Amenities

- Basement

## Property Highlights

- 0.24 acre lot
- 2 stories

## Description

### Agent Description
Outstanding investment opportunity featuring a 5-unit portfolio across three properties on E. Riverside Dr.  The front property, 512 E. Riverside Dr., offers mixed-use potential with a main-level commercial space previously utilized as an insurance office, recently rented for $800/month. The upper level includes a 2-bedroom residential unit that was previously leased for $500/month. This property also includes a detached garage, adding additional value and utility.  Situated just down the driveway, 514–516 E. Riverside Dr. consists of a duplex with two 1-bedroom units, providing steady rental potential. This parcel also features a detached garage.  Rounding out the portfolio is 663 E. Riverside Dr., a 2-bedroom single-family home with long-term tenants already in place, offering immediate and consistent rental income.  With multiple income streams, a mix of residential and commercial use, and value-add potential, this portfolio is ideal for investors looking to expand or diversify their holdings.

## Location

- **Address:** 512 E Riverside Drive, Evansville, IN 47713
- **County:** Vanderburgh County
- **Neighborhood:** None
- **Coordinates:** 37.954928, -87.557873
- **Google Maps:** https://www.google.com/maps?q=37.954928,-87.557873

## Listing Agent

- **Name:** Jonathan Baker
- **Brokerage:** BAKER AUCTION & REALTY
- **Phone:** 8122048858
- **Email:** bakersoldit@yahoo.com

## Primary Photo

![512 E Riverside Drive - Primary Photo](http://lh.rdcpix.com/77e856ecfe737e8dee87f3068b8f5a26l-f3262909486r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/512-e-riverside-drive-evansville-in-47713-02609071)*

---

**MLS#:** 202609071 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/512-e-riverside-drive-evansville-in-47713-02609071)

---

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