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    416 Richardt Ave Evansville, IN 47711

    Picture of Duplexes at Richardt Ave 416, Evansville, IN
    For Sale
    $120,000

    Duplex - Evansville, IN

    Type:Duplex
    Property size:
    1,597 SF
    Lot size:
    0.16 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 5 at 4:06 pm

    Property Features for 416 Richardt Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    Bathrooms
    2
    APN
    82-06-17-031-010.013-029
    Exterior features
    Off Street Parking, None
    Appliances
    Microwave, Range
    Size
    1,597 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Number of units
    2
    Architectural style
    Other

    F.C. Tucker Emge REALTORS (812) 402-0200 [email protected]

    Listing agent Rachel DeYoung (812) 479-0801 License #RB21000502

    Listing date Oct 15, 2025

    MLS# 202528241 Listing URL

    Copyright © 2025 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.

    Overview

    Remodeled Duplex with Steady Income

    This fully remodeled duplex in Evansville, IN, presents a turnkey investment opportunity. The property includes two units: one with three bedrooms and one bathroom, and the other with two bedrooms and one bathroom. Both units were comprehensively renovated in 2015, including complete electrical and plumbing systems. Each unit features its own laundry area. A durable metal roof was installed in 2010. Off-street parking is available. The property, situated on a 0.16-acre lot, offers 1597 square feet of living space. This setup provides a steady cash flow with the potential for future rent adjustments.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.557693
    Latitude
    37.998704

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    FAQs

    What type of property is this?
    Duplex - Turnkey duplex with modern upgrades and consistent rental income.
    Where is this duplex located?
    The property is located at 416 Richardt Ave Evansville, IN.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: - Turnkey investment property with consistent rental income.; - Fully remodeled units with modern upgrades.; - Comprehensive renovations in 2015 including electrical and plumbing systems.
    (812) 479-0801
    Request Owner's contact information
    416 Richardt Ave Evansville, IN 47711
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    Evansville, IN 47711
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    416 Richardt Ave Evansville, IN 47711
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