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Brick Duplex with Two Units
For Sale
$149,000

112 W Louisiana St, Evansville, IN 47710

Both residences are leased, with distinct layouts, basement laundry hookups, central air, and off-street concrete parking.

Property Size2,316 SF
Price / SF$64.34
Days on Market74

Property Features for 112 W Louisiana St

General Information

Standard status Active
Size 2,316 SF
Property subtype Multi-Family
Occupancy 100%

Units

Unit Mix 1 x 3BR/2BA, 1 x 3BR/1BA
Multifamily Units 2

Additional Details

Gross Income $26,400

Amenities

washer/dryer hookups
gas forced-air heat
central air

Building Details

Year Built 1909
Buildings 1
Construction brick
Tenancy Multi
Listing Agency: Euphoric Development Partners
Listed By: Andrew Bowlds · License #RB19001455
Source: Spencerchildersgroup
Added: Aug 4 Changed: Oct 2 Last Checked: Oct 7 at 5:25PM

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 Euphoric Development Partners

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Investment Insights

Based on property information with market context.

This two-unit duplex contains 2,316 square feet and was built in 1909. The main-level residence has three bedrooms, two full bathrooms, a living room, and an enclosed porch. The second residence includes three bedrooms, one bathroom, a living room, and a private rear entrance opening to a deck. Both units are currently leased.

The property has a brick exterior, full basement, gas forced-air heat, and central air. Washer and dryer hookups are located in the basement, while off-street concrete parking serves the property. The address is near shopping, dining, and downtown Evansville.

Key Highlights

  • 2,316‑square‑foot duplex with two residential units
  • Unit A includes 3 bedrooms, 2 full baths, living room, and enclosed porch
  • Unit B offers 3 bedrooms, 1 bath, living room, rear entry, and deck

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Real Estate Agency Butcher Florist Carpet & Flooring Store Catering Service

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,346
Businesses Nearby

Demographics for 47710, IN

18,470
Population
9,119
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$45,324
Median Household Income
$33,718
Median Earnings
$857
Median Rent
$131,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences are leased, with distinct layouts, basement laundry hookups, central air, and off-street concrete parking.
Where is this duplex located?
The property is located at 112 W Louisiana St Evansville, IN.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: 2,316‑square‑foot duplex with two residential units; Unit A includes 3 bedrooms, 2 full baths, living room, and enclosed porch; Unit B offers 3 bedrooms, 1 bath, living room, rear entry, and deck
More about this property
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