702-704 Southeast 2nd Street Evansville, IN 47713

Building Details

Year Built

1899

Listing Agency Berkshire Hathaway HomeServices Indiana Realty p***@bhhsin.com Show Phone

Listed by Philip Hooper · License #RB14052159 Show Phone

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Added: Jul 18, 2025 Checked: Jul 17 at 3:29 am

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Investment Insights

Based on property information with market context.

Located in the Haynie’s Corner Arts District of Evansville, between the riverfront and downtown, this updated Italianate property combines mid-19th-century character with investment appeal. Constructed around 1850, the property features four apartments and a one-bedroom carriage house apartment above an oversized two-car garage. The units generate approximately $68,000 in annual gross rent. The right-side owner's unit was renovated and a brick addition was added around 2010, featuring finishes, tile, wood, and hard surface flooring. A new roof was installed in 2025. The left side of the duplex offers an opportunity for transformation, suitable for a two or three-bedroom townhome conversion or additional rental space. The property is located near neighborhood festivals, local dining, and the medical school campus. The property size is 6794 square feet.

Key Highlights

• Prime location in Haynie's Corner Arts District, near the riverfront, downtown, and medical school campus.
• Significant income potential with luxury apartments and a carriage house generating approximately $68,000 in annual gross rent.
• Historic Italianate character (circa 1850) with modern updates.

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FAQs

What type of property is this?

Quadplex - Historic property with modern updates and income potential.

Where is this quadplex located?

The property is located at 702-704 Southeast 2nd Street Evansville, IN.

What is the asking price?

The asking price for this property is $568,000.

What are key features of this property?

This property features: Prime location in Haynie's Corner Arts District, near the riverfront, downtown, and medical school campus.; Significant income potential with luxury apartments and a carriage house generating approximately $68,000 in annual gross rent.; Historic Italianate character (circa 1850) with modern updates.