Search
Two-Unit Duplex Investment
For Sale
Contact for pricing

1105 E Powell Avenue, Evansville, IN 47714

Duplex with two separately metered gas and electric services; water is on the same meter between units.

Property SizeContact for details
Days on Market122

Property Features for 1105 E Powell Avenue

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 2

Building Details

Tenancy Multi
Listing Agency: Keller Williams Capital Realty
Listed By: Charlie Butler · License #IN RB14034751
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 4:48PM

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 two-unit duplex offers Unit A and Unit B, each currently rented. The units are separately metered for gas and electric, while water is served through a single shared meter. According to the current setup, the owner pays the utilities.

The property is located at 1105 E Powell Avenue in Evansville, Indiana, and is being marketed as a residential income opportunity.

For buyers looking for a straightforward duplex configuration, the existing separate gas and electric metering can support unit-level utility separation, with the shared water service remaining the common utility between both units.

Key Highlights

  • Duplex with Unit A and Unit B, both currently rented for $650/month per unit
  • Units are separately metered for gas and electric
  • Water is on the same meter between the two units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Dental Office (Bike/Boat/Book/etc) Store Accounting Firm Bakery Real Estate Agency

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
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

378
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two separately metered gas and electric services; water is on the same meter between units.
Where is this duplex located?
The property is located at 1105 E Powell Avenue Evansville, IN.
What are key features of this property?
This property features: Duplex with Unit A and Unit B, both currently rented for $650/month per unit; Units are separately metered for gas and electric; Water is on the same meter between the two units
(812) 449-0050 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message