Two-Unit Duplex with
For Sale
$118,000
504 506 Adams Avenue, Evansville, IN 47713
INVESTMENT, Two Story, Evansville, IN
Property Size2,542 SF
Lot Size0.13 Acres
Price / SF$46.42
Days on Market47
Property Features for 504 506 Adams Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Basement, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 6, Bedroom 3
Parking
2
Lot features
Irregular
Elementary school
Glenwood
Middle school
Glenwood
High school
Bosse
Elementary school district
Evansville-Vanderburgh School Corp.
Middle school district
Evansville-Vanderburgh School Corp.
High school district
Evansville-Vanderburgh School Corp.
Directions
From Evansville's west side, take the Main St. exit. Turn right on S Governor. Turn left on Adams Ave. Home will be on the left.
Subdivision
Vanderburgh County
Standard status
Active
APN
82-06-32-022-008.020-029
Size
2,542 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
WASHINGTON PARK L 15 & 16 BL 1
Legal Description
WASHINGTON PARK L 15 & 16 BL 1
Utilities
Cooling system
Central Air
Building Details
Year built
1894
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl
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: Jul 13
Changed: Aug 24
Last Checked: Aug 28 at 6:06AM
MLS# 202627973
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 2,542 square feet on a 0.13-acre lot and was built in 1894. The property includes six bedrooms, two bathrooms, a basement, central air, and a combination of vinyl and carpet flooring. Both units are occupied, and tenants are responsible for all utilities.
The property is located at 504–506 Adams Avenue in Evansville, Indiana 47713. Its two-unit configuration and existing occupancy provide a straightforward residential income setup, with each unit separately identified by its street number.
The property is located at 504–506 Adams Avenue in Evansville, Indiana 47713. Its two-unit configuration and existing occupancy provide a straightforward residential income setup, with each unit separately identified by its street number.
Key Highlights
- 2,542‑square‑foot duplex on a 0.13‑acre lot
- Two‑story property built in 1894
- Six bedrooms, two bathrooms, and a basement
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 47713, IN
9,916
Population
5,507
Households
1.8
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
5.0 sq mi
ZIP Area
1,983
Density / Sq Mi
$37,448
Median Household Income
$29,366
Median Earnings
$931
Median Rent
$85,200
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?
Duplex - Fully occupied residential income property with central air, vinyl and carpet flooring, and tenant-paid utilities.
Where is this duplex located?
The property is located at 504 506 Adams Avenue Evansville, IN.
What is the asking price?
The asking price for this property is $118,000.
What are key features of this property?
This property features: 2,542‑square‑foot duplex on a 0.13‑acre lot; Two‑story property built in 1894; Six bedrooms, two bathrooms, and a basement
