The incident happened just before 8 p.m. on the 400 block of Seville Street.
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Police say a 56-year-old man was stabbed once in the chest by a 52-year-old man.
According to officials, the two were with two other men they knew when the incident occurred.
The 56-year-old victim was pronounced dead at the scene by medics shortly after.
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Officials arrested and charged the 52-year-old man.
Authorities also say a weapon was recovered from the scene.