Investment opportunity with immediate cash flow! This 3 bedroom, 1 bath rental property is currently tenant occupied and generating $825 per month in rental income. Situated on a large lot near North Main Street, the home offers over 1,500 square feet of living space with spacious rooms and a functional layout that continues to attract tenants. Significant recent improvements include a new roof in 2023, replacement of the backyard sewer line with new cleanouts installed in 2026, and replacement of more than half of the home's windows, helping reduce future maintenance costs and adding long-term value. Conveniently located near shopping, dining, schools, and other Evansville amenities, this property offers the combination of immediate income, major capital improvements, and strong investment potential. Whether you're expanding an existing portfolio or searching for a turnkey rental, this well-positioned property is ready to deliver returns from day one. Sold As-Is.
Based on the average sale price from the South Bend, IN office
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Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
117 E Missouri Street Evansville, IN is a Single Family Home for sale at $72500 with 1516 sqft and a lot size of 0.22 Acres Acre(s). 117 E Missouri Street Evansville has 3 bedrooms, 1 baths and was built in 1909. The property's zip code is 47711 which is in Evansville, IN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.