Listing Agency: Keller Williams Capital Realty Show Phone

Listed By: Charlie Butler · License #IN RB14034751

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 2:49PM

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Investment Insights

Based on property information with market context.

This listing is for a vacant duplex ready for an investor or owner-occupant to evaluate and re-stabilize. The property is currently without electric or water service at the site, so utilities will need to be addressed as part of any renovation and re-occupancy plan.

The duplex is located at 203 E Iowa Street in Evansville, Indiana 47711.

As a duplex, the property provides two separate dwelling units within one asset, making it suitable for buyers looking for a residential income structure after repairs and utility activation.

Key Highlights

• Vacant duplex
• No electric or water service on‑site

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Hair Salon Nail Salon Real Estate Agency Spa & Massage Center Acupuncture Garden Center

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

493

Businesses Nearby

Explore this area Business Placement

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 Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Duplex - Vacant duplex with no electric or water service on-site.

Where is this duplex located?

The property is located at 203 E Iowa Street Evansville, IN.

What are key features of this property?

This property features: Vacant duplex; No electric or water service on‑site