512 E Riverside Dr
Evansville, IN 47713
Culver- 4 Beds
- 2 Baths
- 2,844 sqft
4 Beds
2 Baths
2,844 sqft
Local Information
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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
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MLS Status: Active |
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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 |
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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 |
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Days on Market: 62 |
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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 |
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Price List Price: $199,000 |
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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. |
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Listing Agent Listing ID: 202609071 |
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Building Area Building Area: 4384 Square Feet |
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Lot Area: 10454.4 sqft |
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Listing Terms: Cash, Conventional, Other |
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Expense Tenant Pays: Electricity, Sewer, Water |
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Lease Term: 12 MonthsOwner Pays: Taxes |
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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
| Date | Price | Event | Source |
|---|---|---|---|
| 03/19/2026 | $199,000 | Listed For Sale | IRMLS #202609071 |
| 03/24/2021 | ListingRemoved | N/A | |
| 09/05/2015 | $80,000 | ListingRemoved | N/A |
| 06/05/2015 | $80,000 | PriceChange | N/A |
| 05/07/2015 | $85,000 | PriceChange | N/A |
| 02/05/2015 | $90,000 | PriceChange | N/A |
| 12/11/2014 | $100,000 | PriceChange | N/A |
| 11/08/2014 | $105,000 | Listed For Sale | N/A |
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| 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.
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.
LGBTQ Local Legal Protections
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.

