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Brick Duplex with Vacant Unit
New
For Sale
$150,000

2512 2514 Adams Ave, Evansville, IN 47714

Two-story income property with tenant-paid utilities and professional management in place.

Property Size2,232 SF
Price / SF$67.20
Days on Market5

Property Features for 2512 2514 Adams Ave

General Information

Standard status Active
Size 2,232 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 2

Building Details

Year Built 1942
Buildings 1
Stories 2
Construction brick
Listing Agency: eXp Realty, LLC
Listed By: Kimberly Clark · License #RB14037878
Source: Kmsrealestategroup
Added: Aug 28 Changed: Aug 30 Last Checked: Aug 31 at 7:42PM

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 eXp Realty, LLC

Investment Insights

Based on property information with market context.

This brick duplex contains 2,232 square feet across two stories and was built in 1942. The property includes one occupied unit and a second unit that has recently become vacant, providing a combination of existing tenancy and available unit space.

The occupied unit is leased through October 31, 2026, at $765 per month, with utilities paid directly by the tenant. Professional management is already in place for the property.

Key Highlights

  • 2,232‑square‑foot brick duplex
  • Two‑story building constructed in 1942
  • One unit leased through Oct 31, 2026 at $765/mo

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Kitchen & Bath Showroom Parking Lot & Garage Hair Salon

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

376
Businesses Nearby

Demographics for 47714, IN

32,827
Population
16,040
Households
2
Avg Household Size
36
Median Age
22%
College-Educated
87%
High-School Grad
8.0 sq mi
ZIP Area
4,103
Density / Sq Mi
$54,614
Median Household Income
$33,246
Median Earnings
$951
Median Rent
$124,800
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-story income property with tenant-paid utilities and professional management in place.
Where is this duplex located?
The property is located at 2512 2514 Adams Ave Evansville, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,232‑square‑foot brick duplex; Two‑story building constructed in 1942; One unit leased through Oct 31, 2026 at $765/mo
More about this property
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