114 Cherry St, Evansville, IN 47713
OFF MARKET

114 Cherry St
Evansville, IN 47713

Wheeler
  • 12 Beds
  • 10 Baths
  • 8,138 sqft
12 Beds
10 Baths
8,138 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Excellent investment opportunity in an extraordinary location! A total of ten units in two buildings (114 Cherry St and 322 SE 1st St). Fully rented, professionally managed with eight 1-bedroom/1 bath units and two 2-bedroom/1 bath units in total. Most units feature updates including LVT flooring, kitchen cabinets, counter tops, stainless steel appliances. Buildings also feature locked foyers, laundry facilities, and several units with private porches. Utilities are paid by tenants. Located in the Riverside Historic District, and just steps from the riverfront, Main Street, and Haynie's Corner Arts District, this package presents a rare opportunity to invest in the very heart of Evansville. Buildings are being sold As Is.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from May 20, 2023

Home Highlights

Parking
Open Parking
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 114 Cherry St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished
Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 10Number of Bathrooms (full): 10
Dimensions and Layout
Living Area: 8138 Square Feet
Appliances & Utilities
Appliances: Gas Water Heater
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Flooring: Carpet, Ceramic Tile, Vinyl Tile, Wood
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet, Ceramic Tile, Vinyl Tile, Wood
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Rubber ShinglePatio / Porch: Porch CoveredOther Structures: None
Parking & Garage
No GarageHas Open ParkingParking: On Street
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 8138 Square Feet

Property Information

Year Built
Year Built: 1919
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Brick, MasonryNot a New ConstructionDoes Not Include Home Warranty
Property Information
Included in Sale: BuildingParcel Number: 820630020079005029

Price & Status

Price
List Price: $600,000
Status Change & Dates
Off Market Date: Wed Mar 29 2023

Location

Direction & Address
City: EvansvilleCommunity: None
School Information
Elementary School: West TerraceElementary School District: Evansville-Vanderburgh School Corp.Jr High / Middle School: Perry HeightsJr High / Middle School District: Evansville-Vanderburgh School Corp.High School: Francis Joseph ReitzHigh School District: Evansville-Vanderburgh School Corp.

Building

Building Area
Building Area: 10671 Square Feet

Lot Information

Lot Area: 7405.2 sqft

Offer

Listing Terms: Cash, Conventional

Business

Expense
Tenant Pays: Electricity, Heating, Sewer, Water

Rental Terms, Policies & Fees

Owner Pays: Maintenance

Miscellaneous

BasementMls Number: 202308126Attribution Contact: cell: 812-499-8470Above Grade Unfinished Area: 8138
Last check for updates: 35 minutes ago
Listed by Jacy Gowen, (812) 499-8470
Weichert Realtors-The Schulz Group
Bought with: Michael W Melton, (812) 431-1180, ERA FIRST ADVANTAGE REALTY, INC
Source: IRMLS, MLS#202308126

Price History for 114 Cherry St

DatePriceEventSource
03/22/2025$2,400ListingRemovedZillow Rentals
01/09/2025$2,400Listed For RentZillow Rentals
05/05/2024ListingRemovedZillow Rentals
04/21/2024$2,400Listed For RentZillow Rentals
05/19/2023$653,000Sold
IRMLS #202308126
03/29/2023$600,000PendingIRMLS #202308126
03/21/2023$600,000Listed For SaleIRMLS #202308126

Market trends in Evansville

Last updated April 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$193K
$6.32K
MoM
Sale-to-List Price
99.0%
0.3%
MoM
Price per sq ft
$137
$4
MoM
Available listings
680
54
MoM
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Property Tax and Assessment

Year2024
Tax$9,096
Assessment$389,800
Home facts updated by county records

Comparable Sales for 114 Cherry St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.09
Multi-Family Home
$255,000
09/25/25
6
4
4,054
0.12
Multi-Family Home
$100,000
12/31/25
5
5
2,924
0.35
Multi-Family Home
$199,700
12/23/25
4
4
2,768
0.35
Multi-Family Home
$322,000
03/09/26
4
2
2,717
0.46
Multi-Family Home
$180,000
07/11/25
3
4
2,940
0.67
Multi-Family Home
$260,000
02/27/26
4
2
1,664
0.81
Multi-Family Home
$160,000
12/12/25
5
2
2,437
0.71
Multi-Family Home
$170,000
01/07/26
3
2
2,196
1.00
Multi-Family Home
$75,000
11/07/25
5
2
2,755
1.28
Multi-Family Home
$182,500
04/03/26
3
4
4,464

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Assigned Schools

These are the assigned schools for 114 Cherry St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Wheeler

At least 1 Trulia users voted on each feature.
  • 100 % Say neighbors are friendly

  • 100 % Say there are community events

  • 100 % Say parking is easy

  • 100 % Say car is needed

  • 50 % Say kids play outside

Sourced by Trulia users. Learn more about our methodology.
  • Reniibug
    "A lot of historical buildings and natural shade. Walking distance to downtown, parks, the river and restaurants and Central Library. "
  • Lacey W.
    "Side walk on both sides of the street & a park every 4-5 blocks. Most Streets are well lit for those early sunset evening dwellers. "

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Homes for sale near 114 Cherry St

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Off Market Homes Near 114 Cherry St

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IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

Homes for rent near 114 Cherry St

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114 Cherry St, Evansville, IN 47713 is a 12 bedroom, 10 bathroom, 8,138 sqft multi-family built in 1919. 114 Cherry St is located in Wheeler, Evansville. This property is not currently available for sale. 114 Cherry St was last sold on May 19, 2023 for $653,000 (9% higher than the asking price of $600,000).