Duplex with Two Two-Bedroom
For Sale
$105,000
507 S Evans Avenue, Evansville, IN 47713
INVESTMENT, Two Story, Evansville, IN
Property Size1,504 SF
Lot Size0.08 Acres
Price / SF$69.81
Days on Market72
Property Features for 507 S Evans Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
Parking
2
Lot features
Level
Elementary school
Hebron
Middle school
Plaza Park
High school
William Henry Harrison
Elementary school district
Evansville-Vanderburgh School Corp.
Middle school district
Evansville-Vanderburgh School Corp.
High school district
Evansville-Vanderburgh School Corp.
Directions
North on Hwy 41 to West on Lincoln ave, to North on Evans to duplex on Left
Subdivision
Vanderburgh County
Standard status
Active
APN
82-06-29-024-042.016-029
Size
1,504 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
BALLARDS ADDITION LOT 34 BL 6
Legal Description
BALLARDS ADDITION LOT 34 BL 6
Utilities
Cooling system
Central Air
Building Details
Year built
1904
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Architectural style
Other
Listing Agency:
KELLER WILLIAMS CAPITAL REALTY · Keller Williams Realty
(812) 422-4096
Listed By:
Erica Berendsen · License #RB21002306
(812) 774-2596
Added: Jun 14
Changed: Aug 19
Last Checked: Aug 24 at 12:06AM
MLS# 202623344
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 duplex offers two 2-bedroom, 1-bath units. Unit A is currently rented and has a lease in place through 6/30/2026. Unit B is vacant. The interior features vinyl flooring, and the property is equipped with central air.
Built in 1904, the property sits on a 0.08-acre lot. The layout includes two bedrooms and a bathroom arrangement supporting both units, with rooms identified as Bedroom 1, Bedroom 2, and Bathroom 1 and Bathroom 2.
With one unit under an existing lease and the other ready for new tenancy, the duplex can fit investors looking for an income-producing property with near-term rent-up opportunity.
Built in 1904, the property sits on a 0.08-acre lot. The layout includes two bedrooms and a bathroom arrangement supporting both units, with rooms identified as Bedroom 1, Bedroom 2, and Bathroom 1 and Bathroom 2.
With one unit under an existing lease and the other ready for new tenancy, the duplex can fit investors looking for an income-producing property with near-term rent-up opportunity.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- Unit A lease in place through 6/30/2026; Unit B is vacant
- Central air conditioning
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with central air, vinyl flooring, and two 2-bedroom 1-bath units, including one leased through 6/30/2026.
Where is this duplex located?
The property is located at 507 S Evans Avenue 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 2‑bedroom, 1‑bath units; Unit A lease in place through 6/30/2026; Unit B is vacant; Central air conditioning
