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Fully Occupied Duplex Investment

504 506 Adams Ave Evansville, IN 47713

New
504 506 Adams Ave, Evansville, IN, 47713
$120,000
For Sale
$120,000

Fully occupied duplex with two rental units; tenants pay utilities for the property’s current income stream.

Property Size2,542 SF
Price / SF$47.21
Days on Market2

Property Features for 504 506 Adams Ave

General Information

Standard status
Active
Size
2,542 SF
Property subtype
Multi-Family

Building Details

Year Built
1894
Listing agency KELLER WILLIAMS CAPITAL REALTY
Listed by Stacey Carpenter · License #RB17001505
Source Daubyrealestate
Added: Jul 21 Updated: Jul 22 at 11:30AM Checked: Jul 22 at 11:30AM

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 KELLER WILLIAMS CAPITAL REALTY


Investment Insights

Based on property information with market context.

This fully occupied duplex includes two separate rental units. The tenants pay all utilities. Public remarks indicate unit 504 is currently renting and unit 506 is also currently renting.

The property is described as being close to downtown Evansville. The provided address is 504 506 Adams Ave, Evansville, IN 47713.

As presented, the duplex offers an income-producing residential configuration with active tenancies in both units.

Key Highlights

  • Fully occupied duplex with 2 rental units
  • Year built 1894
  • Unit 504 rents for $950/month on Section 8

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Electrical Service Auto Parts Store Bakery Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Plumbing Service Acupuncture

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

FAQs

What type of property is this?
Duplex - Fully occupied duplex with two rental units; tenants pay utilities for the property’s current income stream.
Where is this duplex located?
The property is located at 504 506 Adams Ave Evansville, IN.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Fully occupied duplex with 2 rental units; Year built 1894; Unit 504 rents for $950/month on Section 8
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