2161 Washington Avenue, Evansville, IN 47714
Duplex - Evansville, IN
- Added:
- Mar 24, 2026
- Days on Market:
- 80
- Last Refresh:
- Jun 11 at 3:06 am
Property Features for 2161 Washington Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
- Parking features
- Off Street, Paved or Surfaced
- EntryLevel
- Main
- Exterior features
- Off Street Parking, Eat-in Kitchen, Open Floor Plan, Washer Hook-up, Sidewalks, None
- Appliances
- Dishwasher, Garbage Disposer, Microwave, Range, Washer
- Standard status
- Pending
- APN
- 82-06-34-015-057.010-027
- Size
- 1,376 SF
- Lot size
- 0.08 Acres
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Tile, Vinyl
- Building materials
- Brick
- Architectural style
- Other
Listing agent Alexis Acton License #RB22000821 (812) 937-4486
Listing office Key Associates Signature Realty 110 S Green River Rd., Santa Claus, IN (812) 937-4486
Listing date Mar 24, 2026
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.
HighLights
- Fully rented duplex provides immediate rental income.
- Recently renovated with new flooring, windows, and appliances.
- Off‑street parking with a large driveway.
- Each unit has one bedroom and one bathroom.
- Washer and dryer hook‑up available.
- Central air conditioning.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.0k | $13.80 |
| − Vacancy | −$1.0k | −$0.76 |
| EGI | $17.9k | $13.04 |
| − OpEx | −$5.4k | −$3.91 |
| NOI | $12.6k | $9.13 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Evansville
- County
- Vanderburgh
- State
- Indiana
- Longitude
- -87.525501
- Latitude
- 37.962459
