28 E Powell Avenue, Evansville IN 47713

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$315,000

28 E Powell Avenue, Evansville, IN 47713

bedrooms

bathrooms

square feet

3,089

Acreage

0.2112

Open Houses

year built

1889

Full Baths

Half Baths

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Investment Opportunity: Fully Renovated Tri-Plex in Desirable Haynie's Corner Art District Nestled in the vibrant Haynie's Corner Art District and in close proximity to the IU Medical School, this meticulously renovated tri-plex presents an exceptional real estate investment with turn-key appeal and comprehensive upgrades. The property boasts three distinct units totaling 2,841 rentable square feet, offering versatility and strong income potential for discerning investors. The main level features Unit A, a 1,316 sq ft two-bedroom unit, complemented by two upstairs units: Unit B, a 913 sq ft two-bedroom space, and Unit C, a 612 sq ft one-bedroom apartment. Each unit has been designed with quality finishes, including wood cabinetry, Formica countertops, and convenient washer and dryer hookups. Recent renovations demonstrate a comprehensive approach to property improvement, with upgrades spanning every critical system and surface. The property features a complete roof replacement, modernized HVAC system, newer water heaters, updated windows, refreshed siding, and full electrical and plumbing system overhauls. Interior improvements include new flooring, lighting, fully remodeled kitchens with tile floors, upgraded bathrooms, and newer appliances. A dedicated 4-car off-street parking lot provides additional value and convenience, addressing a need in this area. The property's positioning in the heart of the Haynie's Corner Art District, coupled with its proximity to the IU Medical School, makes it an option for medical professionals, students, and art community members seeking a well-maintained, centrally located residence. This tri-plex is an investment opportunity with a blend of modern upgrades, strategic location, and versatile unit configurations.

Location
Subdivision	None
County	Vanderburgh County
Elementary School	Tekoppel
Middle School	Helfrich
High School	Francis Joseph Reitz

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MLS number: 202447754

Listing agent: Troy White #RB23000345

Listing broker: Keller Williams Capital Realty (812) 422-4096

Copyright © 2025 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, January 1 2025 at 5:35 a.m. EST

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