512 E  Riverside Dr, Evansville, IN 47713
FOR SALE

512 E Riverside Dr
Evansville, IN 47713

Culver
  • 4 Beds
  • 2 Baths
  • 2,844 sqft

$199,000

Est. Mortgage $1,198/mo*

$199,000

Est. Mortgage $1,198/mo*
4 Beds
2 Baths
2,844 sqft

Local Information

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

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.

Home Highlights

Parking
2 Parking Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
62 days ago

Home Details for 512 E Riverside Dr

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Partial
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2844 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central Air,Window Unit(s)Has HeatingHeating Fuel: Forced Air
Windows, Doors, Floors & Walls
Flooring: Carpet
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Carpet

Exterior Features

Exterior Home Features
Other Structures: NoneFoundation: Basement
Parking & Garage
Parking Spaces: 2
Frontage
Not on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 2844 Square Feet

Days on Market

Days on Market: 62

Property Information

Year Built
Year Built: 1894
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Construction Materials: Vinyl SidingNot a New ConstructionHas Additional ParcelsDoes Not Include Home Warranty
Property Information
Included in Sale: OtherParcel Number: 820632022050.014029Additional Parcels Description: 8206-32-022-050.015-029

Price & Status

Price
List Price: $199,000

Location

Direction & Address
City: EvansvilleCommunity: None
School Information
Elementary School: GlenwoodElementary School District: Evansville-Vanderburgh School Corp.Jr High / Middle School: GlenwoodJr High / Middle School District: Evansville-Vanderburgh School Corp.High School: BosseHigh School District: Evansville-Vanderburgh School Corp.

Agent Information

Listing Agent
Listing ID: 202609071

Building

Building Area
Building Area: 4384 Square Feet

Lot Information

Lot Area: 10454.4 sqft

Offer

Listing Terms: Cash, Conventional, Other

Business

Expense
Tenant Pays: Electricity, Sewer, Water

Rental Terms, Policies & Fees

Lease Term: 12 MonthsOwner Pays: Taxes

Miscellaneous

BasementMls Number: 202609071Attribution Contact: Office: 812-491-6247Above Grade Unfinished Area: 2844
Last check for updates: about 4 hours ago
Listing courtesy of Jonathan R Baker, (812) 491-6247
BAKER AUCTION & REALTY
Ryan Van Laningham
BAKER AUCTION & REALTY
Source: IRMLS, MLS#202609071
Also Listed on IRMLS.

Price History for 512 E Riverside Dr

DatePriceEventSource
03/19/2026$199,000Listed For SaleIRMLS #202609071
03/24/2021ListingRemovedN/A
09/05/2015$80,000ListingRemovedN/A
06/05/2015$80,000PriceChange
N/A
05/07/2015$85,000PriceChange
N/A
02/05/2015$90,000PriceChange
N/A
12/11/2014$100,000PriceChange
N/A
11/08/2014$105,000Listed For SaleN/A

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Property Tax and Assessment

Year2024
Tax$2,280
Assessment$108,100
Home facts updated by county records

Comparable Sales for 512 E Riverside Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.22
Multi-Family Home
$60,000
11/06/25
4
2
2,694
0.43
Multi-Family Home
$160,000
12/12/25
5
2
2,437
0.51
Multi-Family Home
$75,000
11/07/25
5
2
2,755
0.44
Multi-Family Home
$260,000
02/27/26
4
2
1,664
0.47
Multi-Family Home
$170,000
01/07/26
3
2
2,196
0.71
Multi-Family Home
$60,000
11/26/25
4
2
2,630
0.75
Multi-Family Home
$322,000
03/09/26
4
2
2,717
0.59
Multi-Family Home
$50,000
11/13/25
4
2
1,904
0.75
Multi-Family Home
$27,000
12/19/25
4
2
2,304
0.66
Multi-Family Home
$180,000
07/11/25
3
4
2,940

Assigned Schools

These are the assigned schools for 512 E Riverside Dr.
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 Culver

At least 23 Trulia users voted on each feature.
  • 96 % Say parking is easy

  • 94 % Say there are sidewalks

  • 88 % Say car is needed

  • 79 % Say it's dog friendly

  • 79 % Say yards are well-kept

  • 70 % Say people would walk alone at night

  • 65 % Say kids play outside

  • 59 % Say neighbors are friendly

  • 58 % Say there's holiday spirit

  • 56 % Say it's walkable to restaurants

  • 54 % Say there's wildlife

  • 52 % Say streets are well-lit

  • 52 % Say they plan to stay for at least 5 years

  • 45 % Say it's quiet

  • 37 % Say there are community events

  • 35 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Imrachelkelly
    "There is not a ton of yard space, but there are several playgrounds nearby for dogs to run. Fenced in yards are hard to find. "

LGBTQ Local Legal Protections

Jonathan R Baker, BAKER AUCTION & REALTY
Agent Phone: (812) 491-6247
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.
512 E Riverside Dr, Evansville, IN 47713 is a 4 bedroom, 2 bathroom, 2,844 sqft multi-family built in 1894. 512 E Riverside Dr is located in Culver, Evansville. This property is currently available for sale and was listed by IRMLS on Mar 19, 2026. The MLS # for this home is MLS# 202609071.