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    Evansville, IN
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    Evansville, IN Apartment Buildings for Sale

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    Henderson, KY Newburgh, IN Chandler, IN
    7 results
    Updated Victorian Multifamily Investment Property
    $585,000
    6,794 SF

    Updated Victorian Multifamily Investment Property

    702-704 SE Second Street, Evansville, IN 47713

    Updated Victorian property with income potential in Evansville's Arts District.

    • Prime location in Haynie's Corner Arts District, close to the riverfront, downtown, and more.
    • Substantial income potential with five luxury apartments generating approximately $68,000 annually.
    • Historic charm meets modern updates, including a renovated owner's unit and new roof installed in 2025.
    • Opportunity for further value‑add through renovation.
    • Includes a spacious one‑bedroom carriage house apartment above an oversized two‑car garage.
    Updated: Aug 14, 2025
    View details
    Downtown Landmark Building For Sale
    $2,500,000
    0.26 Acres

    Downtown Landmark Building For Sale

    20 NW 4th Street, Evansville, IN 47708

    Ten-story building in downtown Evansville, suitable for office or residential.

    • Prime downtown location suitable for office space, condos, or apartments.
    • Architecturally significant landmark building designed by the same architect as the Empire State Building.
    • Versatile interior with existing office space, reception area, and public restrooms.
    • Equipped with both freight and passenger elevators.
    • Accessibility features include an accessible elevator.
    Updated: Feb 25
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    Newly Redeveloped Multifamily Community
    $7,000,000

    Newly Redeveloped Multifamily Community

    59-unit multifamily community in Evansville, Indiana, completed in 2025.

    301 NW 3rd St, Evansville, IN 47708
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    Downtown Evansville Apartment Building
    $185,000
    3,553 SF

    Downtown Evansville Apartment Building

    Five-unit apartment building in downtown Evansville, fully occupied.

    1 Adams Ave, Evansville, IN 47713
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    Mixed-Use Investment Portfolio For Sale
    $1,500,000
    0.67 Acres

    Mixed-Use Investment Portfolio For Sale

    Four-property portfolio with restaurant, retail, apartments, and parking.

    605-617 N Main St, Evansville, IN
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    Evansville Multifamily Investment Opportunity
    $1,049,000
    9,760 SF

    Evansville Multifamily Investment Opportunity

    16-unit property with value-add potential in a strong rental corridor.

    500 Richardt Ave, Evansville, IN 47711
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    Historic Beaux Arts Building Downtown
    $2,550,000
    45,218 SF

    Historic Beaux Arts Building Downtown

    Four-story historic building in downtown Evansville with redevelopment potential.

    524-530 Main Street, Evansville, IN
    View details
    Based on your search, we've compiled 27 Potential Opportunities for your consideration. Besides 7 Active listings in Evansville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Madisonville Commercial Opportunity on Two Acres
    $579,000
    21,800 SF

    Madisonville Commercial Opportunity on Two Acres

    Two-acre property ideal for residential or professional use.

    123 Waddill, Madisonville, KY 42431
    View details
    Versatile Madisonville Property: Development Potential
    $579,000
    21,800 SF

    Versatile Madisonville Property: Development Potential

    Two-acre property suitable for residential, office, or apartments.

    123 Waddill, Madisonville, KY 42431
    View details
    1 Story, Five Or More - Calvert City, KY
    $959,900

    1 Story, Five Or More - Calvert City, KY

    Eight-unit multifamily property with high occupancy and rental upside.

    620 South Main St, Calvert City, KY 42029
    View details
    I-24/I-69 Frontage Land Opportunity
    $1,999,999
    119.88 Acres

    I-24/I-69 Frontage Land Opportunity

    Prime 119.88-acre land with I-24/I-69 frontage.

    957 Truck Plaza Ln, Calvert City, KY 42029
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres

    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607
    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
    View details

    Off-Market Properties in Evansville, IN

    Consider similar Off-Market properties in Evansville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    216 Oak St
    Multifamily properties
    2,924 SF
    Value Estimation by Request

    216 Oak St, Evansville, IN 47713

    View details
    306 Florida St
    Multifamily properties
    2,900 SF Lot: 0.14 Acres
    Value Estimation by Request

    306 Florida St, Evansville, IN 47711

    View details
    212 Cherry St
    Multifamily properties
    Value Estimation by Request

    212 Cherry St, Evansville, IN 47713

    View details
    1320 Parrett St
    Multifamily properties
    18,300 SF Lot: 0.60 Acres
    Value Estimation by Request

    1320 Parrett St, Evansville, IN 47713

    View details
    2600 Oak Hill Rd
    Multifamily properties
    Lot: 23.77 Acres
    Value Estimation by Request

    2600 Oak Hill Rd, Evansville, IN 47711

    View details
    618 Virginia St
    Multifamily properties
    Lot: 0.23 Acres
    Value Estimation by Request

    618 Virginia St, Evansville, IN 47711

    View details
    1419 2Nd St
    Multifamily properties
    2,781 SF Lot: 0.10 Acres
    Value Estimation by Request

    1419 2Nd St, Evansville, IN 47713

    View details
    1116 1St St
    Multifamily properties
    2,940 SF
    Value Estimation by Request

    1116 1St St, Evansville, IN 47713

    View details
    1517 Jeanette Ave
    Multifamily properties
    18,857 SF Lot: 0.46 Acres
    Value Estimation by Request

    1517 Jeanette Ave, Evansville, IN 47714

    View details
    Old Tyme Ct
    Multifamily properties
    Value Estimation by Request
    Old Tyme Ct

    0 Old Tyme Ct, Evansville, IN 47711

    View details
    514 Oregon St
    Multifamily properties
    14,877 SF
    Value Estimation by Request

    514 Oregon St, Evansville, IN 47710

    View details
    319 3Rd Ave
    Multifamily properties
    5,256 SF
    Value Estimation by Request

    319 3Rd Ave, Evansville, IN 47710

    View details

    Evansville, IN Apartment Buildings Investment Opportunities Market Analysis

    Explore 19 apartment buildings for sale in Evansville, IN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 82,665 square feet of properties for sale, with an estimated market value of $10,551,000.

    Sale prices for two-family homes in Evansville, IN start at $185,000, averaging $2,110,200, and reaching up to $6,049,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Property Size Breakdown

    The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

    Demographics Overview

    Population 183K
    Population Growth (5Y) +10.0%
    Median Household Income $64,157
    College Educated 10.1%

    High-Yield Neighborhoods for Investment

    Identify Evansville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    47713 $385K
    47711 $1M
    47708 $4.8M

    Taxes & Financing

    Tax Rate (average for all types) 2.78%
    Property Tax per SF $43.26 per sq ft
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Evansville, IN

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    • 47713
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