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Two-Story Duplex with Separate Meters
For Sale
$89,900

1416 1418 W Eichel Avenue, Evansville, IN 47710

INVESTMENT, Two Story, Evansville, IN

Property Size2,056 SF
Lot Size0.11 Acres
Price / SF$43.73
Days on Market279

Property Features for 1416 1418 W Eichel Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 3, Bedroom 4
Parking 4
Lot features City/ Town/ Suburb, Corner, Level
Elementary school Cedar Hall
Middle school Cedar Hall
High school Central
Elementary school district Evansville-Vanderburgh School Corp.
Middle school district Evansville-Vanderburgh School Corp.
High school district Evansville-Vanderburgh School Corp.
Directions From westbound Lloyd, R on N Fulton, L on Fountain, R on N Seventh, R on W Eichel. Duplex on the right.
Subdivision Vanderburgh County
Standard status Active
APN 82-05-24-028-029.016-029
Size 2,056 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LYTLES SUB PT LOT 21 LOT 20 BL 3
Legal Description LYTLES SUB PT LOT 21 LOT 20 BL 3

Building Details

Year built 1889
Floors in Building 2
Number of units 2
Flooring type Wood, Vinyl
Roof type Asphalt
Architectural style Other
Listing Agency: KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
Listed By: Charles Butler · License #RB14034751
Added: Nov 22, 2025 Changed: Aug 26 Last Checked: Aug 28 at 6:06AM
MLS# 202547043

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 two-story duplex contains 2,056 square feet on a 0.11-acre lot and was built in 1889. The units feature similar layouts, vinyl and wood flooring, asphalt roofing, and shared access to a storage shed. An additional upstairs room is identified as having potential for conversion to a third bedroom. The property is being offered in its current condition through an estate sale.

Located at 1416–1418 W Eichel Avenue in Evansville, the property provides access to Lloyd Expy. Each unit has its own utility meter, and occupants are responsible for their utility costs. The configuration includes multiple bedrooms and two bathrooms across the duplex.

Key Highlights

  • Duplex totals 2,056 square feet on a 0.11‑acre lot
  • Two‑story property built in 1889
  • Separate utility meters serve the units; tenants pay utilities

Property Analytics

Current Use

Fast Payday Loans Loan Service

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Parking Lot & Garage Electrical 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
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

375
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two units share a basic layout, with tenant-paid utilities and individual meters.
Where is this duplex located?
The property is located at 1416 1418 W Eichel Avenue Evansville, IN.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Duplex totals 2,056 square feet on a 0.11‑acre lot; Two‑story property built in 1889; Separate utility meters serve the units; tenants pay utilities
More about this property
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