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Occupied Duplex Income Property

1407 Fountain Avenue Evansville, IN 47710

Claim this Listing
New
For Sale
$115,000

MULTI_FAMILY - Evansville, IN

Property size:
2,080 SF
Lot size:
0.16 Acres
Price / SF:
$55.29/SF
Added:
Jul 13, 2026
Days on Market:
2
Last Refresh:
Jul 14 at 2:06 am

Property Features for 1407 Fountain Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 5, Bedroom 2, Basement, Bedroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4
Parking
2
Standard status
Active
APN
82-05-24-028-023.003-029
Size
2,080 SF
Lot size
0.16 Acres

Taxes and HOA fees

Tax Year
2023
Tax Description
BEMENT LOT 14 & 1/2 LOT 15 BL 2 & PT VAC FOUNTAIN AVE
Tax Annual Amount
423

Utilities

Cooling system
Central Air

Building Details

Year built
1899
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl
Architectural style
Other

Listing agent Stacey Carpenter License #RB17001505

Listing office KELLER WILLIAMS CAPITAL REALTY 4424 Vogel Rd Suite 300, IN

Listing date Jul 13, 2026

MLS# 202627978

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This for-sale duplex features two separate rental units. The property is described as fully occupied, with Unit A having just gone vacant after renting for $795 per month, while Unit B is currently renting for $850. Tenants are responsible for all utilities.

The property is located at 1407 Fountain Avenue in Evansville, Indiana, within Vanderburgh County. The listing identifies the site size as 0.16 acres and the property size as 2,080 square feet.

The current income snapshot is based on the provided unit rents and occupancy status at the time of listing, with each unit operating as a separate rental space.

Key Highlights

  • Fully occupied duplex with Unit A recently went vacant and Unit B currently renting
  • Unit A rents for $795/month; Unit B rents for $850/month
  • Tenants are responsible for all utilities

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Nail Salon Hair Salon Parking Lot & Garage Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store Electrical Service Pet Grooming Service Real Estate Agency Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully occupied duplex with two rental units, with Unit A recently vacant and Unit B currently rented.
Where is this duplex located?
The property is located at 1407 Fountain Avenue Evansville, IN.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Fully occupied duplex with Unit A recently went vacant and Unit B currently renting; Unit A rents for $795/month; Unit B rents for $850/month; Tenants are responsible for all utilities
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More about this property
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