Updated Italianate Property in
702-704 Southeast 2nd Street Evansville, IN 47713
For Sale
$568,000
Historic property with modern updates and income potential.
Property Size6,794 SF
Price / SF$83.60
Days on Market376
Property Features for 702-704 Southeast 2nd Street
General Information
Standard status
Active
Size
6,794 SF
Property subtype
Multi Family / Other
Building Details
Year Built
1899
Listing Agency:
Berkshire Hathaway HomeServices Indiana Realty
(812) 474-7000
Listed By:
Philip Hooper · License #RB14052159
(812) 474-7000
Source:
Compass
Added: Jul 18, 2025
Changed: Jul 10
Last Checked: Jul 27 at 1:26PM
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 Berkshire Hathaway HomeServices Indiana Realty
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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
