Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing flexibility for a variety of purchasing needs. Don’t miss this opportunity to expand your investment portfolio!
Single-familyProperty Type
1949Year Built
4,922 sq ftLot Size
$110Price/Sq.Ft.
Listed by Rebecca Demastus• ERA FIRST ADVANTAGE REALTY, INC
Glenwood, located between Downtown Evansville and the University of Evansville area, is a historic and residential Evansville neighborhood with tree-lined streets and early-20th-century architecture. The neighborhood’s character concentrates around the Franklin Street corridor near Wesselman Park, where porch-front homes meet a steady rhythm of local storefronts and park traffic. Brick bungalows and compact cottages sit beside small apartment buildings, giving the blocks a lived-in, walkable feel. Wesselman Woods Nature Preserve adds shaded trails and a quiet green edge to the grid. The nearby Evansville African American Museum anchors local history and programming. Commuter routes along Franklin Street and Weinbach Avenue frame daily movement without overpowering the neighborhood scale.
Provided by Walk Score and Local Logic
Offer insights
721 Ridgeway Ave · $74,000
$74K and above
75% chance or better to win
Why $74K+ is a strong offer
DAYS ON MARKET
97 days
The average home goes pending in 30 days.
SALE-TO-LIST
93.4%
Most homes are selling 7% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Refrigerator
Electric range
Bathrooms
One full bathroom
Kitchen
Refrigerator
Electric range
Laundry & utility
Laundry on the main level
Heating & cooling
Central air conditioning
Natural gas forced air heating
Exterior features
Chain link fencing
Level lot
Home design
Single-family residence
Site-built home
Parking
Off-street parking
Construction
Aluminum and vinyl siding
Slab foundation
672 above-grade finished area
Utilities
Public water
Public sewer
Other
Property listed by ERA FIRST ADVANTAGE REALTY, INC
Electricity and solar
View estimated energy costs and solar savings for this home
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 107° expected this year, 19 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Evansville, IN • 47713
Average low and high temperatures (°F)
38
22
48
30
66
44
73
53
75
59
86
68
90
74
86
67
84
63
73
52
58
42
46
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 721 Ridgeway Ave
$71,100
$2,900 under list price of $74K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $63K to $99K.