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709 E Powell Ave, Evansville

Listing courtesy of Trae Dauby from Dauby Real Estate. Cell: 812-777-4611

Great investment or owner-occupant opportunity with this well-maintained duplex, featuring two 1 bed / 1 bath units, with potential for a 3rd unit upstairs. One side is currently occupied on a flexible month-to-month lease, providing immediate rental income, while the other unit is vacant and has been newly remodeled. Perfect for an owner-occupant or ready to be leased at market rent. Recent updates include brand-new windows installed this year, improving energy efficiency and overall appeal. Each unit offers comfortable living with practical layouts, and tenants are responsible for all utilities.

2 Beds ⋅ 2 Baths ⋅ 202616515 MLS ⋅ 1,714 SqFt. ⋅ Chelsea Caswell

Great investment or owner-occupant opportunity with this well-maintained duplex, featuring two 1 bed / 1 bath units, with potential for a 3rd unit upstairs. One side is currently occupied on a flexible month-to-month lease, providing immediate rental income, while the other unit is vacant and has been newly remodeled. Perfect for an owner-occupant or ready to be leased at market rent. Recent updates include brand-new windows installed this year, improving energy efficiency and overall appeal. Each unit offers comfortable living with practical layouts, and tenants are responsible for all utilities.

900 902 Mary St, Evansville

Listing courtesy of Chelsea Caswell from KELLER WILLIAMS CAPITAL REALTY. Cell: 812-499-8199

$58,000

Investment Opportunity – Located in Evansville's East Side Just Blocks away from Bosse High School, this 2-bedroom, 1-bath single-family home offers 700 sq ft of potential. A covered, screened-in porch welcomes you and provides a potential great spot to relax. Inside, the layout is simple and efficient, ready for your updates and personal touch. The decent-sized backyard is perfect for outdoor projects, gardening, or entertaining. The yard backs up to Hwy 41. This property needs updating and TLC and is being sold AS-IS—seller will make no repairs. Whether you’re an investor seeking your next rental or a buyer looking for a renovation project, this home is priced with its condition in mind and full of possibilities.

2 Beds ⋅ 1 Baths ⋅ 202539749 MLS ⋅ 700 SqFt. ⋅ Tonia Stofleth

Investment Opportunity – Located in Evansville's East Side Just Blocks away from Bosse High School, this 2-bedroom, 1-bath single-family home offers 700 sq ft of potential. A covered, screened-in porch welcomes you and provides a potential great spot to relax. Inside, the layout is simple and efficient, ready for your updates and personal touch. The decent-sized backyard is perfect for outdoor projects, gardening, or entertaining. The yard backs up to Hwy 41. This property needs updating and TLC and is being sold AS-IS—seller will make no repairs. Whether you’re an investor seeking your next rental or a buyer looking for a renovation project, this home is priced with its condition in mind and full of possibilities.

1307 S Harlan Ave, Evansville

Listing courtesy of Tonia Stofleth from KELLER WILLIAMS CAPITAL REALTY. Cell: 812-598-6723

$100,000

Investment Opportunity, fully occupied duplex. Bot units are on section 8 currently. Owner pays water, tenants pay all other utilities.

3 Beds ⋅ 2 Baths ⋅ 202627974 MLS ⋅ 966 SqFt. ⋅ Stacey Carpenter

Investment Opportunity, fully occupied duplex. Bot units are on section 8 currently. Owner pays water, tenants pay all other utilities.

209 N 2nd Ave, Evansville

Listing courtesy of Stacey Carpenter from KELLER WILLIAMS CAPITAL REALTY. cell: 812-453-2096

$169,900

Great duplex investment opportunity on the northwest side of Evansville. Both units have been fully remodeled with updated finishes throughout. Unit A is a 4bd/2ba unit featuring washer and dryer hookups, access to a 32x24 pole barn, and is currently rented for $1,395/month. Unit B is a 1bd/1ba unit with a front porch and is currently rented for $650/month. Utilities are separately metered, with tenants paying water, sewer, trash, and electric. Owner is responsible for taxes, lawn maintenance, and maintenance. Total gross monthly income is $2,045.

5 Beds ⋅ 3 Baths ⋅ 202617098 MLS ⋅ 2,982 SqFt. ⋅ Chelsea Crabtree Miller

Great duplex investment opportunity on the northwest side of Evansville. Both units have been fully remodeled with updated finishes throughout. Unit A is a 4bd/2ba unit featuring washer and dryer hookups, access to a 32x24 pole barn, and is currently rented for $1,395/month. Unit B is a 1bd/1ba unit with a front porch and is currently rented for $650/month. Utilities are separately metered, with tenants paying water, sewer, trash, and electric. Owner is responsible for taxes, lawn maintenance, and maintenance. Total gross monthly income is $2,045.

1411 W Maryland St, Evansville

Listing courtesy of Chelsea Crabtree Miller from KELLER WILLIAMS CAPITAL REALTY. Cell: 812-629-0507

$102,500

Investor opportunity! This duplex features two 2-bedroom, 1-bath units. Unit A is currently rented for $795/month with a lease in place through 6/30/2026, while Unit B is vacant and advertised at $795/month, offering immediate upside for an owner or investor. Add this income-producing property to your portfolio and start building cash flow today.

2 Beds ⋅ 2 Baths ⋅ 202623344 MLS ⋅ 1,504 SqFt. ⋅ Erica Berendsen

Investor opportunity! This duplex features two 2-bedroom, 1-bath units. Unit A is currently rented for $795/month with a lease in place through 6/30/2026, while Unit B is vacant and advertised at $795/month, offering immediate upside for an owner or investor. Add this income-producing property to your portfolio and start building cash flow today.

507 S Evans Ave, Evansville

Listing courtesy of Erica Berendsen from KELLER WILLIAMS CAPITAL REALTY. Cell: 812-774-2596

$895,000

Rare opportunity to purchase three properties on one parcel—509, 509.5 and 511 SE First Street—offered together with a total of 11 doors. Located in Evansville's Historic District, the properties offer convenient access to Downtown Evansville, the riverfront and nearby amenities. Currently at 90% occupancy rate. The portfolio has seen several recent improvements, including a newer roof at 509.5 and a recently replaced roof and soffits at 511. A great opportunity for an investor looking to add multiple doors to their portfolio in an established Evansville location and is currently professionally managed.

15 Beds ⋅ 11 Baths ⋅ 202631399 MLS ⋅ 8,327 SqFt. ⋅ Ashley Riordan-Elpers

Rare opportunity to purchase three properties on one parcel—509, 509.5 and 511 SE First Street—offered together with a total of 11 doors. Located in Evansville's Historic District, the properties offer convenient access to Downtown Evansville, the riverfront and nearby amenities. Currently at 90% occupancy rate. The portfolio has seen several recent improvements, including a newer roof at 509.5 and a recently replaced roof and soffits at 511. A great opportunity for an investor looking to add multiple doors to their portfolio in an established Evansville location and is currently professionally managed.

509 Se First St, Evansville

Listing courtesy of Ashley Riordan-Elpers from Rental Property Realty.

$114,999

Price reduction!! Great investment opportunity at 610 Taylor in Evansville! This well-maintained duplex features two income-producing units: Unit A offers 2 bedrooms and 1 bath, which was previously rented for $1,000/month, while Unit B is a 1 bedroom, 1 bath unit which was previously rented for $695/month. Unit B has been recently updated throughout and is occupied by a new tenant, providing added appeal and reduced near-term maintenance. Property includes a detached garage in the rear—an attractive bonus for tenants and potential for additional value. Owner currently covers water, sewer, and trash, averaging approximately $107/month. Each unit is equipped with a refrigerator and range provided by the owner. A solid addition to any portfolio with steady cash flow and recent improvements already in place. Sold As-is.

4 Beds ⋅ 2 Baths ⋅ 202615381 MLS ⋅ 2,192 SqFt. ⋅ David Haire

Price reduction!! Great investment opportunity at 610 Taylor in Evansville! This well-maintained duplex features two income-producing units: Unit A offers 2 bedrooms and 1 bath, which was previously rented for $1,000/month, while Unit B is a 1 bedroom, 1 bath unit which was previously rented for $695/month. Unit B has been recently updated throughout and is occupied by a new tenant, providing added appeal and reduced near-term maintenance. Property includes a detached garage in the rear—an attractive bonus for tenants and potential for additional value. Owner currently covers water, sewer, and trash, averaging approximately $107/month. Each unit is equipped with a refrigerator and range provided by the owner. A solid addition to any portfolio with steady cash flow and recent improvements already in place. Sold As-is.

610 Taylor Ave, Evansville

Listing courtesy of David Haire from F.C. TUCKER EMGE. Office: 812-853-3381

$345,000

Here is your chance to purchase this beautiful, historic apartment building in the heart of downtown Evansville, right near the edge of Haynie's Corner. This property has so much potential for increased rents and increased value. This building features 9 units: 7 apartment units and 2 garage units rented out for storage. Every unit is currently rented. Some units have undergone light remodeling. Most units are rented well under market value and are prime for steady rent increases or possible short- to mid-term rentals. Rents: Apt A $695/mo, Apt B $731.50/mo, Apt C $709.50/mo, Apt D $650/mo, Apt E $595/mo, Apt F $599.50/mo, Apt G $650/mo, Garage Unit 1 $25/mo, Garage Unit 2 $50/mo. This totals $4,705.50 per month. Average water/sewer/trash utilities run $600–$700/mo. Average electric/gas utilities run $600–$800/mo depending on the season.

7 Beds ⋅ 7 Baths ⋅ 202615557 MLS ⋅ 3,827 SqFt. ⋅ Mark Albini

Here is your chance to purchase this beautiful, historic apartment building in the heart of downtown Evansville, right near the edge of Haynie's Corner. This property has so much potential for increased rents and increased value. This building features 9 units: 7 apartment units and 2 garage units rented out for storage. Every unit is currently rented. Some units have undergone light remodeling. Most units are rented well under market value and are prime for steady rent increases or possible short- to mid-term rentals. Rents: Apt A $695/mo, Apt B $731.50/mo, Apt C $709.50/mo, Apt D $650/mo, Apt E $595/mo, Apt F $599.50/mo, Apt G $650/mo, Garage Unit 1 $25/mo, Garage Unit 2 $50/mo. This totals $4,705.50 per month. Average water/sewer/trash utilities run $600–$700/mo. Average electric/gas utilities run $600–$800/mo depending on the season.

21 E Chandler Ave, Evansville

Listing courtesy of Mark Albini from eXp Realty, LLC. cell: 812-266-0536

$154,900

Well-maintained all-brick duplex conveniently located just off US 41 in Evansville. Each unit offers 2 bedrooms and 1 full bath and is currently tenant-occupied, providing immediate rental income. Numerous updates have been completed within the past five years, enhancing the property's overall condition and appeal. Tenants are responsible for all utilities, resulting in lower operating expenses for the owner. Excellent opportunity to add a turnkey investment property to your portfolio.

4 Beds ⋅ 2 Baths ⋅ 202631236 MLS ⋅ 1,400 SqFt. ⋅ Chadd Huffman

Well-maintained all-brick duplex conveniently located just off US 41 in Evansville. Each unit offers 2 bedrooms and 1 full bath and is currently tenant-occupied, providing immediate rental income. Numerous updates have been completed within the past five years, enhancing the property's overall condition and appeal. Tenants are responsible for all utilities, resulting in lower operating expenses for the owner. Excellent opportunity to add a turnkey investment property to your portfolio.

1420 Taylor Ave, Evansville

Listing courtesy of Chadd Huffman from RK Brokerage LLC.

$75,000

Prime Commercial Property Can be sold separately or part of a package with 2455 & 2457 W Franklin Currently Income producing propery presently all units are rented. Property is managed by Fetters and Tenant will need 48 hours notice to show. No EBOX Up rents for $775.00 lease through December 04 2026 and down duplex 1 bedroom 1 bath. leased through February 2027 rent increasing to $600 in May. Down has laundry hook up and dining area and a long time tenant. Tenants pay utilities. Owner is a licensed real estate agent in the state of Indiana and listing agent Selling "as is"

2 Beds ⋅ 2 Baths ⋅ 202610972 MLS ⋅ 1,641 SqFt. ⋅ Constance Nord

Prime Commercial Property Can be sold separately or part of a package with 2455 & 2457 W Franklin Currently Income producing propery presently all units are rented. Property is managed by Fetters and Tenant will need 48 hours notice to show. No EBOX Up rents for $775.00 lease through December 04 2026 and down duplex 1 bedroom 1 bath. leased through February 2027 rent increasing to $600 in May. Down has laundry hook up and dining area and a long time tenant. Tenants pay utilities. Owner is a licensed real estate agent in the state of Indiana and listing agent Selling "as is"

2453 W Franklin St, Evansville

Listing courtesy of Constance Nord from RE/MAX REVOLUTION. Cell: 812-774-5577

$345,000

Rare opportunity to own a four-unit investment property in one of downtown Evansville's most recognizable riverfront corridors. Situated directly on SE Riverside Drive, this historic property offers a unique blend of character, income potential, and an unbeatable location. The building features four rental units, including one 2-bedroom unit and three 1-bedroom units. The front units enjoy beautiful views of the Ohio River area, while the expansive covered front porch provides the perfect place to take in sunsets and the downtown riverfront atmosphere. Additional features include a fenced backyard, detached 2-car garage, and timeless architectural details that set this property apart. Located just steps from the riverfront Greenway and directly across from the Evansville Museum, with easy access to downtown dining, entertainment, and the IU School of Medicine campus, this is an exceptional opportunity for investors looking to expand their portfolio with a distinctive income-producing property in a highly desirable location.

5 Beds ⋅ 5 Baths ⋅ 202626703 MLS ⋅ 2,846 SqFt. ⋅ Erin Little

Rare opportunity to own a four-unit investment property in one of downtown Evansville's most recognizable riverfront corridors. Situated directly on SE Riverside Drive, this historic property offers a unique blend of character, income potential, and an unbeatable location. The building features four rental units, including one 2-bedroom unit and three 1-bedroom units. The front units enjoy beautiful views of the Ohio River area, while the expansive covered front porch provides the perfect place to take in sunsets and the downtown riverfront atmosphere. Additional features include a fenced backyard, detached 2-car garage, and timeless architectural details that set this property apart. Located just steps from the riverfront Greenway and directly across from the Evansville Museum, with easy access to downtown dining, entertainment, and the IU School of Medicine campus, this is an exceptional opportunity for investors looking to expand their portfolio with a distinctive income-producing property in a highly desirable location.

520 Se Riverside Dr, Evansville

Listing courtesy of Erin Little from Berkshire Hathaway HomeServices Indiana Realty. Cell: 812-568-5561

$14,900

Investment property. Stripped out, fire restoration has been completed. Detached garage was not affected by fire.

2 Beds ⋅ 1 Baths ⋅ 202625957 MLS ⋅ 1,147 SqFt. ⋅ Suzanne Ready-Pierce

Investment property. Stripped out, fire restoration has been completed. Detached garage was not affected by fire.

2605 W Virginia St, Evansville

Listing courtesy of Suzanne Ready-Pierce from ERA FIRST ADVANTAGE REALTY, INC. Office: 812-858-2400

$115,000

Prime location on W Franklin St. Zoned commercial but used as a duplex lower (A) unit is tenant yearly lease that automatically renew for 1 year. Upstairs unit rents for $650.00 Recently vacate. Downstairs unit rents for $725.00 Leased through April 22, 2027 has been there since 2024. Tenant pays gas & electric & water. Will be sold with 2457 W Franklin which is vacant lot Price includes extra lot newer roof newer HVAC main floor unit. Main floor unit has washer dryer hook up.

2 Beds ⋅ 2 Baths ⋅ 202611448 MLS ⋅ 1,931 SqFt. ⋅ Constance Nord

Prime location on W Franklin St. Zoned commercial but used as a duplex lower (A) unit is tenant yearly lease that automatically renew for 1 year. Upstairs unit rents for $650.00 Recently vacate. Downstairs unit rents for $725.00 Leased through April 22, 2027 has been there since 2024. Tenant pays gas & electric & water. Will be sold with 2457 W Franklin which is vacant lot Price includes extra lot newer roof newer HVAC main floor unit. Main floor unit has washer dryer hook up.

2455 & 2457 W Franklin St, Evansville

Listing courtesy of Constance Nord from RE/MAX REVOLUTION. Cell: 812-774-5577

$117,500

Income-Producing Duplex – Great Investment Opportunity! Each unit is 1 bed 1 bath. Don't miss this mostly updated duplex offering immediate income potential! One unit is currently occupied, while the second unit is vacant and ready for a new tenant or owner-occupant. The vacant downstairs unit previously rented for $850 per month and is currently being marketed at $795 per month to lease quickly. Major mechanical updates provide peace of mind, with the A/C units, furnaces, water heaters, and several windows all replaced within the last two years. The lower unit also features the added convenience of basement access, offering additional storage space. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers excellent value and strong cash-flow potential.

2 Beds ⋅ 2 Baths ⋅ 202629547 MLS ⋅ 1,792 SqFt. ⋅ Jeremy Outlaw

Income-Producing Duplex – Great Investment Opportunity! Each unit is 1 bed 1 bath. Don't miss this mostly updated duplex offering immediate income potential! One unit is currently occupied, while the second unit is vacant and ready for a new tenant or owner-occupant. The vacant downstairs unit previously rented for $850 per month and is currently being marketed at $795 per month to lease quickly. Major mechanical updates provide peace of mind, with the A/C units, furnaces, water heaters, and several windows all replaced within the last two years. The lower unit also features the added convenience of basement access, offering additional storage space. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers excellent value and strong cash-flow potential.

309 E Virginia St, Evansville

Listing courtesy of Jeremy Outlaw from Catanese Real Estate.

$102,000

Duplex ready for the next investor! Unit A is a one bedroom is a one bedroom unit now vacant and was renting for $525 per month. Unit B is a 3 bedroom unit on back side and is a two story unit. Unit B is renting for $795 per month, with lease in currently month to month.

4 Beds ⋅ 2 Baths ⋅ 202627968 MLS ⋅ 2,254 SqFt. ⋅ Stacey Carpenter

Duplex ready for the next investor! Unit A is a one bedroom is a one bedroom unit now vacant and was renting for $525 per month. Unit B is a 3 bedroom unit on back side and is a two story unit. Unit B is renting for $795 per month, with lease in currently month to month.

1800 N 6th Ave, Evansville

Listing courtesy of Stacey Carpenter from KELLER WILLIAMS CAPITAL REALTY. cell: 812-453-2096

$115,000

Fully occupied duplex featuring one 2-bedroom unit and one 3-bedroom unit. Total monthly rental income is $1,550. Utilities are separately metered and paid by the tenants.

5 Beds ⋅ 3 Baths ⋅ 202627969 MLS ⋅ 2,800 SqFt. ⋅ Stacey Carpenter

Fully occupied duplex featuring one 2-bedroom unit and one 3-bedroom unit. Total monthly rental income is $1,550. Utilities are separately metered and paid by the tenants.

1320 S Grand Ave, Evansville

Listing courtesy of Stacey Carpenter from KELLER WILLIAMS CAPITAL REALTY. cell: 812-453-2096

$235,000

This rent-ready fourplex in downtown Evansville offers a unique investment opportunity for a House-hack, short term, OR long term cash-flowing rental. It features 4 studio-style apartments, 3 of which are recently renovated - including LVP, updated bathrooms & kitchen. Those 3 units were previously generating $1200/month each as mid-term furnished rentals (often travel nurses). The other unit is occupied by a long-term, reliable month-to-month tenant. Live rent-free in one of the units while still cash-flowing from the others, rent them all short or mid term for higher profits, or rent them all long-term for a stabilized, low maintenance asset.

4 Beds ⋅ 1 Baths ⋅ 202627087 MLS ⋅ 2,860 SqFt. ⋅ Evan Birch

This rent-ready fourplex in downtown Evansville offers a unique investment opportunity for a House-hack, short term, OR long term cash-flowing rental. It features 4 studio-style apartments, 3 of which are recently renovated - including LVP, updated bathrooms & kitchen. Those 3 units were previously generating $1200/month each as mid-term furnished rentals (often travel nurses). The other unit is occupied by a long-term, reliable month-to-month tenant. Live rent-free in one of the units while still cash-flowing from the others, rent them all short or mid term for higher profits, or rent them all long-term for a stabilized, low maintenance asset.

708 Se Third St, Evansville

Listing courtesy of Evan Birch from eXp Realty, LLC. Cell: 812-215-1057

$300,000

Attention Investors! Are you looking for a performing and remodeled 4 unit apartment building in downtown Evansville? This is it! This building has been remodeled in the past 2 years. Roof - 1 Year old | All HVAC's - 2 Years old | All Water heaters - 2 years old | Windows, doors, flooring (LVP), kitchens, bathrooms, lights, paint, trims, and more, all within the past 2 years! Tenant pays for electric and gas The landlord pays for water/sewer/trash. Each unit is individually plumbed in the basement, so you can take over and install sub-meters to bill water directly to the tenant if you want to. Total Current Rent $3,040/m | Unit A - $765/m - Market rent is $775-800 | Unit B - $725/m - Market rent is $775-800 | Unit C - $775/m | Unit D - $775/m

4 Beds ⋅ 4 Baths ⋅ 202606565 MLS ⋅ 2,948 SqFt. ⋅ Mark Albini

Attention Investors! Are you looking for a performing and remodeled 4 unit apartment building in downtown Evansville? This is it! This building has been remodeled in the past 2 years. Roof - 1 Year old | All HVAC's - 2 Years old | All Water heaters - 2 years old | Windows, doors, flooring (LVP), kitchens, bathrooms, lights, paint, trims, and more, all within the past 2 years! Tenant pays for electric and gas The landlord pays for water/sewer/trash. Each unit is individually plumbed in the basement, so you can take over and install sub-meters to bill water directly to the tenant if you want to. Total Current Rent $3,040/m | Unit A - $765/m - Market rent is $775-800 | Unit B - $725/m - Market rent is $775-800 | Unit C - $775/m | Unit D - $775/m

800 Line St, Evansville

Listing courtesy of Mark Albini from eXp Realty, LLC. cell: 812-266-0536