Three-Unit
New
For Sale
$135,000
500 E Franklin Street, Evansville, IN 47711
MULTI_FAMILY - Evansville, IN
Property Size2,538 SF
Lot Size0.11 Acres
Price / SF$53.19
Days on Market3
Property Features for 500 E Franklin Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Basement, Bedroom 2, Bathroom 3, Bedroom 1, Bedroom 3, Bathroom 2
Parking
3
Lot features
Irregular
Elementary school
Lincoln
Middle school
Lincoln
High school
Central
Elementary school district
Evansville-Vanderburgh School Corp.
Middle school district
Evansville-Vanderburgh School Corp.
High school district
Evansville-Vanderburgh School Corp.
Directions
West on Lloyd Exp., right on Garvin, Left on Franklin
Subdivision
Vanderburgh County
Standard status
Active
APN
82-06-20-025-034.014-029
Size
2,538 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
H & E ENL 1/2 LOT 21 LOT 22 BL 29
Legal Description
H & E ENL 1/2 LOT 21 LOT 22 BL 29
Utilities
Cooling system
Central Air
Building Details
Year built
1864
Floors in Building
2
Number of units
3
Flooring type
Carpet, Vinyl
Architectural style
Other
Listing Agency:
KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
(812) 422-4096
Listed By:
Stacey Carpenter · License #RB17001505
(812) 453-2096
Added: Aug 10
Changed: Aug 11
Last Checked: Aug 12 at 7:06AM
MLS# 202632673
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 triplex contains three one-bedroom units within a 2,538-square-foot property. The building dates to 1864 and includes a basement, three bedrooms, and three bathrooms. Interior finishes include carpet and vinyl flooring, with central air conditioning serving the property.
Utilities are separated among the units except for water, sewer, and trash. The property occupies 0.11 acres at 500 E Franklin Street in Evansville, Indiana, within ZIP Code 47711. Its configuration provides three individual units in one multifamily building, with the shared utility services clearly defined.
Utilities are separated among the units except for water, sewer, and trash. The property occupies 0.11 acres at 500 E Franklin Street in Evansville, Indiana, within ZIP Code 47711. Its configuration provides three individual units in one multifamily building, with the shared utility services clearly defined.
Key Highlights
- Three one‑bedroom units in a triplex
- 2,538 square feet on 0.11 acres
- Utilities separated except water, sewer, and trash
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,226
Businesses Nearby
Explore this area
Business Placement
Demographics for 47711, IN
31,266
Population
14,487
Households
2.2
Avg Household Size
41
Median Age
24%
College-Educated
91%
High-School Grad
16.5 sq mi
ZIP Area
1,895
Density / Sq Mi
$65,398
Median Household Income
$39,114
Median Earnings
$982
Median Rent
$156,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three one-bedroom units have separate utilities, while water, sewer, and trash are shared.
Where is this triplex located?
The property is located at 500 E Franklin Street Evansville, IN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Three one‑bedroom units in a triplex; 2,538 square feet on 0.11 acres; Utilities separated except water, sewer, and trash
