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Two-Story Duplex with Basement
For Sale
$115,000

1407 Fountain Avenue, Evansville, IN 47710

INVESTMENT, Two Story, Evansville, IN

Property Size2,080 SF
Lot Size0.16 Acres
Price / SF$55.29
Days on Market47

Property Features for 1407 Fountain Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 5, Bathroom 1
Parking 2
Subdivision Bement(s)
Lot features Irregular
Elementary school Cedar Hall
Middle school Cedar Hall
High school Central
Elementary school district Evansville-Vanderburgh School Corp.
Middle school district Evansville-Vanderburgh School Corp.
High school district Evansville-Vanderburgh School Corp.
Directions West from 41 on Lloyd Expressway to North on Fulton, West on Fountain to duplex on right.
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
Legal Description BEMENT LOT 14 & 1/2 LOT 15 BL 2 & PT VAC FOUNTAIN AVE

Utilities

Cooling system Central Air

Building Details

Year built 1899
Floors in Building 2
Number of units 2
Flooring type Vinyl, Carpet
Architectural style Other
Listing Agency: KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
Listed By: Stacey Carpenter · License #RB17001505
Added: Jul 13 Changed: Aug 26 Last Checked: Aug 28 at 6:06AM
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 two-story duplex contains 2,080 square feet on a 0.16-acre lot and was built in 1899. The interior includes five bedrooms, two bathrooms, a basement, carpet flooring, and vinyl flooring. Central air provides cooling throughout the property.

The property is located at 1407 Fountain Avenue in Evansville, Indiana, within ZIP Code 47710-1815. Its duplex configuration and existing residential layout provide a clearly defined income-property format, with separate living arrangements reflected in the bedroom and bathroom count.

Key Highlights

  • Duplex property at 1407 Fountain Avenue, Evansville, IN 47710‑1815
  • 2,080 square feet on a 0.16‑acre lot
  • Five bedrooms and two bathrooms

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Hair Salon Parking Lot & Garage Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

654
Businesses Nearby

Demographics for 47710, IN

18,470
Population
9,119
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$45,324
Median Household Income
$33,718
Median Earnings
$857
Median Rent
$131,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Residential income property offering central air, a basement, and a five-bedroom, two-bath configuration.
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: Duplex property at 1407 Fountain Avenue, Evansville, IN 47710‑1815; 2,080 square feet on a 0.16‑acre lot; Five bedrooms and two bathrooms
More about this property
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