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Fully Occupied Duplex Income Property

1320 S Grand Ave Evansville, IN 47713

New
1320 S Grand Ave, Evansville, IN, 47713
$115,000
For Sale
$115,000

Fully occupied duplex with one 2-bedroom unit and one 3-bedroom unit, with utilities separately metered to tenants.

Property Size2,800 SF
Price / SF$41.07
Days on Market3

Property Features for 1320 S Grand Ave

General Information

Standard status
Active
Size
2,800 SF
Property subtype
Multi-Family

Building Details

Year Built
1907
Listing Agency KELLER WILLIAMS CAPITAL REALTY
Listed by Stacey Carpenter · License #RB17001505
Source Daubyrealestate
Added: Jul 19 Updated: Jul 20 at 3:25 am Checked: Jul 20 at 3:25 am

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 offers two residential units: one 2-bedroom unit and one 3-bedroom unit. The property is structured as a residential income asset designed for tenant-paid utilities.

Utilities are separately metered and paid by the tenants. The duplex is currently producing total monthly rental income of $1,550.

With both units in place and occupied, the configuration supports straightforward, ongoing rental operations under the separately metered utility arrangement.

Key Highlights

  • Fully occupied duplex with one 2‑bedroom unit and one 3‑bedroom unit
  • Total monthly rental income of $1,550
  • Utilities are separately metered and paid by the tenants

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Dental Office Building Supply Skin Care Clinic Pharmacy Spa & Massage Center Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Fully occupied duplex with one 2-bedroom unit and one 3-bedroom unit, with utilities separately metered to tenants.
Where is this duplex located?
The property is located at 1320 S Grand Ave Evansville, IN.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Fully occupied duplex with one 2‑bedroom unit and one 3‑bedroom unit; Total monthly rental income of $1,550; Utilities are separately metered and paid by the tenants
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