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    423 Jefferson Ave Evansville, IN 47713

    Pending
    For Sale
    $189,900

    Duplex - Evansville, IN

    Type:Duplex
    Property size:
    2,437 SF
    Lot size:
    0.19 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 6 at 5:06 pm

    Property Features for 423 Jefferson Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Pending
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Laundry
    Bedrooms
    5
    Bathrooms
    2
    APN
    82-06-32-022-023.010-029
    Patio and Porch features
    Porch
    EntryLevel
    Upper,Main
    Exterior features
    Ceiling Fan, Off Street Parking, Porch Covered, Water Heater Gas, Shed
    Basement Y/N
    1
    Appliances
    Range
    Size
    2,437 SF
    Lot size
    0.19 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Floors in Building
    2
    Number of units
    2
    Flooring type
    Carpet, Vinyl
    Architectural style
    Other
    Additional Structures
    Packing Shed, Shed(s)

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

    Listing agent David Haire (812) 853-3381 License #RB14052360

    Listing date Oct 17, 2025

    MLS# 202539836 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 in Premium Location

    This is a totally remodeled duplex in a premium location close to downtown and just a few blocks from Haynie's corner. The investment property is fully occupied, offering immediate cash flow and return. According to the seller, all major items have been completed, including new plumbing, electric, HVAC, flooring, bathrooms, kitchens, and drywall. Appliances are owned by the seller, and utilities are paid entirely by the tenants. Professional management is in place with current lease agreements. The property includes the vacant lot next door at 425 Jefferson for development opportunity. The property size is 2437 square feet and the lot size is 0.19 acres.
    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 Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Evansville
    County
    Vanderburgh
    State
    Indiana
    Longitude
    -87.558525
    Latitude
    37.961061

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    FAQs

    What type of property is this?
    Duplex - Remodeled duplex near downtown Evansville with immediate cash flow.
    Where is this duplex located?
    The property is located at 423 Jefferson Ave Evansville, IN.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - Fully remodeled duplex offering immediate cash flow and a strong return on investment.; - Premium location places you close to both downtown and the vibrant Haynie's Corner.; - Includes a vacant lot at 425 Jefferson, presenting a valuable development opportunity.
    (812) 853-3381
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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
    423 Jefferson Ave Evansville, IN 47713
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