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Fully Leased Duplex Investment

504 506 Adams Avenue Evansville, IN 47713

Claim this Listing
New
For Sale
$120,000

MULTI_FAMILY - Evansville, IN

Property size:
2,542 SF
Lot size:
0.13 Acres
Price / SF:
$47.21/SF
Added:
Jul 13, 2026
Days on Market:
2
Last Refresh:
Jul 14 at 2:06 am

Property Features for 504 506 Adams Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
2
Rooms
Bedroom 4, Bedroom 2, Bedroom 3, Bedroom 6, Bathroom 2, Bedroom 5, Basement, Bathroom 1, Bedroom 1
Parking
2
Standard status
Active
APN
82-06-32-022-008.020-029
Size
2,542 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2026
Tax Description
WASHINGTON PARK L 15 & 16 BL 1

Utilities

Cooling system
Central Air

Building Details

Year built
1894
Floors in Building
2
Number of units
2
Flooring type
Carpet, Vinyl
Architectural style
Other

Listing agent Stacey Carpenter License #RB17001505

Listing office KELLER WILLIAMS CAPITAL REALTY 4424 Vogel Rd Suite 300, IN

Listing date Jul 13, 2026

MLS# 202627973

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 fully occupied duplex includes two units, 504 and 506 Adams Avenue. The property is being offered as a residential income asset with both units currently rented.

According to the public remarks, tenants pay all utilities. Unit 504 is currently renting for $950 per month on Section 8. Unit 506 is currently renting for $875 per month. The property is located at 504 506 Adams Avenue in Evansville, Indiana 47713, in Vanderburgh County.

The listing identifies the total property size as 2,542 square feet and a lot size of 0.13 acres.

Key Highlights

  • Fully occupied duplex close to Evansville’s downtown
  • Tenants pay all utilities
  • 504 is renting for $950/month on Section 8

Property Analytics

Property Profile 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 - Duplex with units 504 and 506 currently rented, with tenants responsible for all utilities.
Where is this duplex located?
The property is located at 504 506 Adams Avenue 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 close to Evansville’s downtown; Tenants pay all utilities; 504 is renting for $950/month on Section 8
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More about this property
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