2162 E MORGAN AVE, Evansville, IN

Listing office Mike Richardson Real Estate m***@richardsoncommercial.net Show Phone

Listing date Sep 15, 2025

Source Moodyscre

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Overview

The property includes two houses that are currently leased. The front house, located at 2162 E. Morgan, contains two apartments, one on the first floor and another on the second floor. A lower level exists that could potentially be renovated and leased as a third apartment. The landlord is responsible for covering the utilities for this property. The small house in the back, located at 2164 E. Morgan, is leased to a long-term tenant who pays all utilities. The side lot to the east is leased to Morton Solar. The location benefits from a high traffic count, with over 40,000 cars passing by daily. Nearby businesses include Dollar Tree, CVS, Marathon, and Morton Solar. This property is ideal for new commercial real estate construction or as an investment property with existing residential tenants.

Suggested Use

Law Firm Restaurant Dental Office HVAC Service Parking Lot & Garage Cafe & Coffee Shop Nursing Home Grocery & Convenience Store Clothing & Fashion Store Kitchen & Bath Showroom

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

Location Insight

• Map
• Local Demand

City

Evansville

County

Vanderburgh

State

Indiana

Longitude

-87.5247

Latitude

37.9919

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FAQs

What type of property is this?

Land - Land with two leased houses, investment opportunity.

Where is this land located?

The property is located at 2162 E MORGAN AVE Evansville, IN.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: High traffic count (over 40,000 cars per day) ideal for commercial development.; Existing residential tenants provide immediate income stream.; Potential for a third apartment in the front house's lower level.