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Duplex With Separate Units
For Sale
$115,000

1407 Fountain Ave, Evansville, IN 47710

Two-unit residential income property with one vacant unit and tenant-paid utilities.

Property Size2,080 SF
Price / SF$55.29
Days on Market47

Property Features for 1407 Fountain Ave

General Information

Standard status Active
Size 2,080 SF
Property subtype Residential Income

Additional Details

Multifamily Units 2
Listing Agency: KELLER WILLIAMS CAPITAL REALTY
Listed By: Stacey Carpenter · License #RB17001505
Source: Exprealty
Added: Jul 13 Changed: Aug 20 Last Checked: Aug 26 at 12:31PM

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 duplex contains two separate residential units within 2,080 square feet. One unit is currently vacant, while the second unit has an existing tenant. Utility costs are assigned to the tenants, providing a defined operating arrangement for the property.

The asset is located at 1407 Fountain Ave in Evansville, Indiana and is offered for sale as a residential income property.

Key Highlights

  • Two‑unit duplex configuration
  • 2,080 square feet of building area
  • One unit is currently vacant

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Hair Salon Parking Lot & Garage Bakery Computer & Electronic Repair (Bike/Boat/Book/etc) Store

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

654
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 - Two-unit residential income property with one vacant unit and tenant-paid utilities.
Where is this duplex located?
The property is located at 1407 Fountain 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: Two‑unit duplex configuration; 2,080 square feet of building area; One unit is currently vacant
More about this property
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