Two-Unit
For Sale
$105,000
507 S Evans Ave, Evansville, IN 47713
Two residential units offer a straightforward rental configuration with one occupied unit and one currently vacant.
Property Size1,504 SF
Price / SF$69.81
Days on Market76
Property Features for 507 S Evans Ave
General Information
Standard status
Active
Size
1,504 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,655
Listing Agency:
KELLER WILLIAMS CAPITAL REALTY
(812) 774-2596
Listed By:
Erica Berendsen · License #RB21002306
(812) 774-2596
Source:
Exprealty
Added: Jun 14
Changed: Aug 21
Last Checked: Aug 26 at 10:57AM
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 1,504-square-foot duplex contains two separate residential units, each with two bedrooms and one bathroom. The property offers a simple, established layout for multifamily ownership, with one unit occupied under a lease and the other available for occupancy.
Unit A is leased through 6/30/2026, while Unit B is vacant. Located at 507 S Evans Ave in Evansville, Indiana, the property combines a two-unit format with an existing tenancy and near-term vacancy.
Unit A is leased through 6/30/2026, while Unit B is vacant. Located at 507 S Evans Ave in Evansville, Indiana, the property combines a two-unit format with an existing tenancy and near-term vacancy.
Key Highlights
- Two‑unit duplex totaling 1,504 square feet
- Each unit includes 2 bedrooms and 1 bathroom
- Unit A leased through 6/30/2026
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
580
Businesses Nearby
Explore this area
Business Placement
Demographics for 47713, IN
9,916
Population
5,507
Households
1.8
Avg Household Size
35
Median Age
21%
College-Educated
88%
High-School Grad
5.0 sq mi
ZIP Area
1,983
Density / Sq Mi
$37,448
Median Household Income
$29,366
Median Earnings
$931
Median Rent
$85,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer a straightforward rental configuration with one occupied unit and one currently vacant.
Where is this duplex located?
The property is located at 507 S Evans Ave Evansville, IN.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: Two‑unit duplex totaling 1,504 square feet; Each unit includes 2 bedrooms and 1 bathroom; Unit A leased through 6/30/2026
