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Two-Story Duplex Investment
For Sale
$149,900

205 W Oregon St, Evansville, IN 47710

Fully occupied two-story duplex with two separately metered units, each featuring 3 bedrooms and washer/dryer hookups.

Property Size1,650 SF
Price / SF$90.85
Days on Market23

Property Features for 205 W Oregon St

General Information

Standard status Active
Size 1,650 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 2

Amenities

washer/dryer hookups

Building Details

Year Built 1909
Stories 2
Tenancy Multi
Listing Agency: KELLER WILLIAMS CAPITAL REALTY
Listed By: Chelsea Crabtree Miller · License #RB25000404
Source: Daubyrealestate
Added: Jul 20 Changed: Jul 21 Last Checked: Aug 10 at 8:00AM

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 fully occupied, two-story duplex offers two separate residential units with independent utilities. Unit 205 and Unit 207 each provide 3 bedrooms and 1 full bathroom, along with spacious living and dining rooms. Washer and dryer hookups are located in the kitchen, and gas, electric, and water are separately metered.

Each unit currently has rental income in place, with tenants paying their own utilities. The property is configured as a duplex, providing an owner the opportunity to manage two self-contained units within a single building.

The units are supported by separate utility metering and include the same core interior layout features, making the building straightforward to operate as a residential income property.

Key Highlights

  • Fully occupied two‑story duplex built in 1909
  • 2 units: Unit 205 rents for $1,050/month and Unit 207 rents for $975/month
  • 3 bedrooms and 1 full bathroom in each unit

Property Analytics

Current Use

LoFi Shop Bakery

Suggested Use

Top Pick Nail Salon (Bike/Boat/Book/etc) Store Acupuncture Butcher Florist 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

1,543
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

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Duplex - Fully occupied two-story duplex with two separately metered units, each featuring 3 bedrooms and washer/dryer hookups.
Where is this duplex located?
The property is located at 205 W Oregon St Evansville, IN.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Fully occupied two‑story duplex built in 1909; 2 units: Unit 205 rents for $1,050/month and Unit 207 rents for $975/month; 3 bedrooms and 1 full bathroom in each unit
More about this property
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