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Two-Story Mixed-Use Property
New
For Sale
$145,000

1125 N Main Street, Evansville, IN 47711

INVESTMENT, Two Story, Evansville, IN

Property Size3,539 SF
Price / SF$40.97
Days on Market2

Property Features for 1125 N Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 5
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bedroom 3, Bathroom 4, Bedroom 5, Bedroom 4, Bathroom 5, Bathroom 3, Bathroom 1, Bathroom 2
Parking 5
Lot features Corner
Elementary school Delaware
Middle school North
High school North
Elementary school district Evansville-Vanderburgh School Corp.
Middle school district Evansville-Vanderburgh School Corp.
High school district Evansville-Vanderburgh School Corp.
Directions From Lloyd, go N on Main St, Property at the corner of Main St and Louisiana
Subdivision Vanderburgh County
Standard status Active
APN 82-06-20-026-076.001-029
Size 3,539 SF

Taxes and HOA fees

Tax Year 5280
Tax Description Woodlawn Lots 1 Thru 4 Part Lot 5 Block 7
Tax Annual Amount 1000
Legal Description Woodlawn Lots 1 Thru 4 Part Lot 5 Block 7

Utilities

Cooling system Central Air

Building Details

Year built 1894
Floors in Building 2
Number of units 2
Flooring type Laminate, Carpet
Architectural style Other
Listing Agency: KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
Listed By: Ronald Hill
Added: Sep 3 Changed: Sep 4 Last Checked: Sep 4 at 5:06PM
MLS# 202636557

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 3,539-square-foot mixed-use property at 1125 N Main Street combines business and residential components within a two-story building constructed in 1894. The ground level includes private offices, work areas, a breakroom, three restrooms, and off-street parking, with a layout that can accommodate multiple commercial suites.

Upstairs are two separately accessed residences: a spacious two-bedroom apartment and a separately metered one-bedroom, one-bath unit with an active Airbnb use. Laminate and carpet flooring are paired with central air conditioning. The sale also includes adjacent vacant lots along Main Street and Louisiana Street, expanding the property footprint beyond the primary building.

Key Highlights

  • 3,539‑square‑foot mixed‑use building constructed in 1894
  • First floor includes private offices, work areas, breakroom, 3 restrooms, and off‑street parking
  • Second floor has a 2BR apartment and a separately metered 1BR/1BA unit

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Accounting Firm Garden Center Butcher

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

Location Intelligence

Trade Area within ½ mile

1,452
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Flexible commercial layout with separate residential units and off-street parking.
Where is this mixed-use property located?
The property is located at 1125 N Main Street Evansville, IN.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 3,539‑square‑foot mixed‑use building constructed in 1894; First floor includes private offices, work areas, breakroom, 3 restrooms, and off‑street parking; Second floor has a 2BR apartment and a separately metered 1BR/1BA unit
More about this property
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