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Rented Duplex Income Property
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1053 Covert Ave, Evansville, IN 47714

Duplex with two separately metered 2BR/1BA units, each including a stove and refrigerator.

Property SizeContact for details
Days on Market122

Property Features for 1053 Covert Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 2
Listing Agency: Keller Williams Capital Realty
Listed By: Charlie Butler · License #IN RB14034751
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 6:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Capital Realty

Investment Insights

Based on property information with market context.

This duplex offers two mirror-image residential units, each with 2 bedrooms and 1 bathroom. Both units are currently rented, and each unit includes a stove and refrigerator. The units are separately metered, and tenants pay all utilities.

Off-street parking is provided for each side of the duplex, supporting convenient day-to-day use for residents.

With two independent, income-producing units and separate metering, this property is structured for straightforward rental management within a single duplex footprint.

Key Highlights

  • Duplex with two separately metered 2BR/1BA units
  • Each unit is rented for $450/month
  • Stove and refrigerator included in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center HVAC Service Nail Salon Hair Salon

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby

Demographics for 47714, IN

32,827
Population
16,040
Households
2
Avg Household Size
36
Median Age
22%
College-Educated
87%
High-School Grad
8.0 sq mi
ZIP Area
4,103
Density / Sq Mi
$54,614
Median Household Income
$33,246
Median Earnings
$951
Median Rent
$124,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Duplex with two separately metered 2BR/1BA units, each including a stove and refrigerator.
Where is this duplex located?
The property is located at 1053 Covert Ave Evansville, IN.
What are key features of this property?
This property features: Duplex with two separately metered 2BR/1BA units; Each unit is rented for $450/month; Stove and refrigerator included in each unit
(812) 449-0050 Call to check price and availability
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