Two-Story
For Sale
$135,000
Pending
500 E Franklin Street, Evansville, IN 47711
INVESTMENT, Two Story, Evansville, IN
Property Size2,538 SF
Lot Size0.11 Acres
Days on Market19
Property Features for 500 E Franklin Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bedroom 1, Bathroom 1, Basement, Bathroom 3, Bathroom 2, Bedroom 3
Parking
3
Lot features
Irregular
Elementary school
Lincoln
Middle school
Lincoln
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 on Lloyd Exp., right on Garvin, Left on Franklin
Subdivision
Vanderburgh County
Standard status
Pending
APN
82-06-20-025-034.014-029
Size
2,538 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
H & E ENL 1/2 LOT 21 LOT 22 BL 29
Legal Description
H & E ENL 1/2 LOT 21 LOT 22 BL 29
Utilities
Cooling system
Central Air
Building Details
Year built
1864
Floors in Building
2
Number of units
3
Flooring type
Vinyl, Carpet
Architectural style
Other
Listing Agency:
KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
(812) 422-4096
Listed By:
Stacey Carpenter · License #RB17001505
(812) 453-2096
Added: Aug 10
Changed: Aug 26
Last Checked: Aug 28 at 6:06AM
MLS# 202632673
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 triplex contains three one-bedroom units within 2,538 square feet. The property includes three bathrooms, a basement, vinyl and carpet flooring, and central air conditioning. Built in 1864, the building sits on a 0.11-acre parcel at 500 E Franklin Street in Evansville, Indiana.
Utility service is separated among the units except for water, sewer, and trash. The three-unit configuration provides a defined residential income property layout, while the basement and existing mechanical and finish features add to the building’s physical utility.
Utility service is separated among the units except for water, sewer, and trash. The three-unit configuration provides a defined residential income property layout, while the basement and existing mechanical and finish features add to the building’s physical utility.
Key Highlights
- Three one‑bedroom units
- 2,538 square feet on a 0.11‑acre parcel
- Utility service separated except water, sewer, and trash
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,314
Businesses Nearby
Explore this area
Business Placement
Demographics for 47711, IN
31,266
Population
14,487
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
16.5 sq mi
ZIP Area
1,895
Density / Sq Mi
$65,398
Median Household Income
$39,114
Median Earnings
$982
Median Rent
$156,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom units with separate utilities for most services and central air conditioning.
Where is this triplex located?
The property is located at 500 E Franklin Street Evansville, IN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Three one‑bedroom units; 2,538 square feet on a 0.11‑acre parcel; Utility service separated except water, sewer, and trash
