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Duplex with Separate Metering
For Sale
$115,000
Pending

1320 S Grand Avenue, Evansville, IN 47713

INVESTMENT, One and Half Story, Evansville, IN

Property Size2,800 SF
Lot Size0.11 Acres
Days on Market47

Property Features for 1320 S Grand Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Basement, Bedroom 3, Bedroom 5, Bedroom 2, Bedroom 1
Lot features Corner
Elementary school Glenwood
Middle school Glenwood
High school Bosse
Elementary school district Evansville-Vanderburgh School Corp.
Middle school district Evansville-Vanderburgh School Corp.
High school district Evansville-Vanderburgh School Corp.
Directions From Hwy. 41, W on Covert Ave, N on Kentucky Ave, W on Jackson, home on corner of S Grand and Jackson.
Subdivision Vanderburgh County
Standard status Pending
APN 82-06-32-023-055.007-029
Size 2,800 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description G A BITTROLFF ADD TO BEDFORD PARK LOT 11 PT LOT 10 BL 2
Legal Description G A BITTROLFF ADD TO BEDFORD PARK LOT 11 PT LOT 10 BL 2

Utilities

Cooling system Central Air

Building Details

Year built 1907
Floors in Building 1
Number of units 2
Flooring type Carpet, Vinyl
Architectural style Other
Listing Agency: KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
Listed By: Stacey Carpenter · License #RB17001505
Added: Jul 13 Changed: Aug 26 Last Checked: Aug 28 at 5:06AM
MLS# 202627969

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This fully occupied duplex contains two residential units, including one two-bedroom layout and one three-bedroom layout. The property provides 2,800 square feet of total space on a 0.11-acre lot, with a basement, vinyl and carpet flooring, and central air conditioning. Built in 1907, it offers a two-unit configuration suited to residential rental use.

Utilities are separately metered, with payment handled by the tenants. The property is located at 1320 S Grand Avenue in Evansville, Indiana, within Vanderburgh County.

Key Highlights

  • Two‑unit duplex with one 2‑bedroom unit and one 3‑bedroom unit
  • Fully occupied residential income property
  • 2,800 square feet on a 0.11‑acre lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Skin Care Clinic Pharmacy

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

Location Intelligence

Trade Area within ½ mile

323
Businesses Nearby

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

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 property with two residential units and tenant-paid utilities.
Where is this duplex located?
The property is located at 1320 S Grand Avenue 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: Two‑unit duplex with one 2‑bedroom unit and one 3‑bedroom unit; Fully occupied residential income property; 2,800 square feet on a 0.11‑acre lot
More about this property
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