1143 1163 Covert Avenue

Evansville, IN
$ 1,265,000 Beds 63 Baths 39 Sq 11,490
Monthly Estimate* How much can I afford?

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.

Pending

  • Price
  • $ 1,265,000
  • Lot Size
  • Bedrooms
  • 63
  • Sqr Footage
  • 11,490
  • Full Bathrooms
  • 39
  • Year Built
  • 1974
  • Half Bathrooms
  • 0
  • City, Zip
  • Evansville
  • Taxes
  • 6259
  • County
  • VANDERBURGH
  • Style
  • Apartment Building
  • Area
  • Knight
  • MLS#
  • 202010876
  • Zip
  • 47714
Listing Provided by: Adrienne Ruder with FC TUCKER EMGE REALTORS

Features

General

# of Buildings 3
Age 46
Agent First Name Adrienne
Agent Last Name Ruder
Assoc. Dues Frequency Not Applicable
Bathrooms 39
Beds 63
Cooling Window
Elementary School Glenwood
Features Off Street Parking
Flooring Wood
Full Baths 39
Heating Baseboard
High School Bosse
Legal Description PT NW SW 33-6-10 BERLIN HTS 2
Listing Area Vanderburgh County
Middle School Glenwood
New Construction No
Pet Restrictions Y/n No
REO No
School District Evansville-Vanderburgh School Co
Sewer City
Status Pending
Status Pending
Stories 3
Style Three Story
Subdivision None
Tax Year 2019
Tenant Pays Electric
Total Sq Ft 11490
Type Apartment Building
Year Built 1974

Interior Features

Above Grade Bedrooms 63
Basement Full Basement
Basement Y/n Yes
Num. Of 1 Bedrooms 15
Num. Of 2 Bedrooms 24
Ranges/Ovens 39
Refrigerators 39
Total Number of Units 39
W/D Hookups 6

Exterior Features

Approx. Lot Size Acres 1.48
Exterior Brick
Lot Description Level
Lot Dimensions 50x75
Lot Size Area 64463
Number of Parking Spaces 44
Outbuilding None
Pool Y/N No
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Evansville, IN office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Glenwood Elementary School
Middle School Glenwood Middle School
High School Bosse High School

Price History

3/24/2020 Listed $1,399,966
5/11/2020 10% - $1,265,000

Property vs Zip Code Average in 47714

Price
AVG $120K
$1.27M
Taxes
AVG $1,046
$6,259
Visits
AVG 23
97
Year Built
AVG 1945
1974

Map

1143 1163 Covert Avenue Evansville, IN is a Single Family Home for sale at $1265000 with 11490 sqft and a lot size of Acre(s). 1143 1163 Covert Avenue Evansville has 63 bedrooms, 39 baths and was built in 1974. The property's zip code is 47714 which is in Evansville, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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.