Fully Occupied Duplex
For Sale
$120,000
504 506 Adams Ave, Evansville, IN 47713
Fully occupied duplex with two rental units; tenants pay utilities for the property’s current income stream.
Property Size2,542 SF
Price / SF$47.21
Days on Market39
Property Features for 504 506 Adams Ave
General Information
Standard status
Active
Size
2,542 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1894
Listing Agency:
KELLER WILLIAMS CAPITAL REALTY
(812) 453-2096
Listed By:
Stacey Carpenter · License #RB17001505
Source:
Daubyrealestate
Added: Jul 21
Changed: Jul 22
Last Checked: Aug 26 at 10:37AM
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 duplex includes two separate rental units. The tenants pay all utilities. Public remarks indicate unit 504 is currently renting and unit 506 is also currently renting.
The property is described as being close to downtown Evansville. The provided address is 504 506 Adams Ave, Evansville, IN 47713.
As presented, the duplex offers an income-producing residential configuration with active tenancies in both units.
The property is described as being close to downtown Evansville. The provided address is 504 506 Adams Ave, Evansville, IN 47713.
As presented, the duplex offers an income-producing residential configuration with active tenancies in both units.
Key Highlights
- Fully occupied duplex with 2 rental units
- Year built 1894
- Unit 504 rents for $950/month on Section 8
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
780
Businesses Nearby
Explore this area
Business Placement
Demographics for 47713, IN
9,916
Population
5,507
Households
1.8
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
5.0 sq mi
ZIP Area
1,983
Density / Sq Mi
$37,448
Median Household Income
$29,366
Median Earnings
$931
Median Rent
$85,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with two rental units; tenants pay utilities for the property’s current income stream.
Where is this duplex located?
The property is located at 504 506 Adams Ave Evansville, IN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Fully occupied duplex with 2 rental units; Year built 1894; Unit 504 rents for $950/month on Section 8
