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Brick Two-Story Duplex
New
For Sale
$150,000

2516 2518 Adams Avenue, Evansville, IN 47714

Both units are occupied, with tenants responsible for utility costs and professional management in place.

Property SizeContact for details
Days on Market2

Property Features for 2516 2518 Adams Avenue

General Information

Standard status Active
Property subtype Investment

Additional Details

Multifamily Units 2

Building Details

Stories 2
Construction brick
Listing Agency: eXp Realty, LLC
Listed By: Kimberly Clark · License #RB14037878
Source: Midwestrealestategroup
Added: Sep 4 Last Checked: Sep 4 at 3:21PM

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 two residential units within a two-story building at 2516–2518 Adams Avenue. Both units are currently occupied, and residents pay their own utility costs. One tenancy is month-to-month, while the other is committed through January 31, 2027.

The property is positioned on the east side of Evansville, Indiana, and is professionally managed. Its existing occupancy, defined lease terms, and tenant-paid utilities provide a clear operating framework for a residential income property.

Key Highlights

  • Brick two‑story duplex at 2516 2518 Adams Avenue
  • Both units are currently rented
  • Tenants pay utilities

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 - Both units are occupied, with tenants responsible for utility costs and professional management in place.
Where is this duplex located?
The property is located at 2516 2518 Adams Avenue 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: Brick two‑story duplex at 2516 2518 Adams Avenue; Both units are currently rented; Tenants pay utilities
More about this property
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