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Rentable Duplex with Separate Utilities

1416 1418 W Eichel Avenue Evansville, IN 47710

Claim this Listing
For Sale
$89,900

MULTI_FAMILY - Other - Evansville, IN

Property size:
2,056 SF
Lot size:
0.11 Acres
Price / SF:
$43.73/SF
Added:
Nov 22, 2025
Days on Market:
233
Last Refresh:
Jul 13 at 11:06 pm

Property Features for 1416 1418 W Eichel Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2
Parking
4
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

Building Details

Year built
1889
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Wood
Roof type
Asphalt
Architectural style
Other

Listing agent Charles Butler License #RB14034751

Listing office KELLER WILLIAMS CAPITAL REALTY 4424 Vogel Rd Suite 300, IN

Listing date Nov 22, 2025

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 for-sale duplex includes two rental units with the same basic layout. The property has an extra room upstairs that could potentially be converted into a third bedroom. Each unit has separate utility metering, with tenants paying their own utilities. A storage shed is included for both units, providing shared outdoor storage.

Located at 1416 and 1418 W Eichel Avenue in Evansville, Indiana, the home is described as offering easy access to Lloyd Expy. The sale is being handled as an estate sale, and the property is offered strictly “AS IS.”

As an income-oriented residential property, the duplex is set up for two separate occupants under a consistent layout, with tenants responsible for utilities. The listing notes Unit 1416 is currently rented for $550 per month, while Unit 1418 previously rented for $660 per month. The additional upstairs room may appeal to buyers looking for flexibility in how the space is configured during future leasing or renovation. Storage on-site via the shared shed is an added convenience for residents, and the duplex format supports straightforward tenant separation.

Key Highlights

  • In‑demand rentable duplex built in 1889
  • Tenants pay utilities with separate meters
  • Unit 1416 rented for $550/month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Fast Payday Loans Loan Service

Suggested Use

Real Estate Agency Law Firm Hair Salon Nail Salon Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store Accounting Firm Furniture & Home Goods Bakery

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

FAQs

What type of property is this?
Duplex - Two-unit duplex offers separate utility metering, with an additional upstairs room that could support a third bedroom.
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: In‑demand rentable duplex built in 1889; Tenants pay utilities with separate meters; Unit 1416 rented for $550/month
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