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Fully Occupied Duplex
For Sale
$119,000

709 E Powell Ave, Evansville, IN 47713

Income property with residents covering all utility costs under the current occupancy arrangement.

Property Size2,699 SF
Price / SF$44.09
Days on Market44

Property Features for 709 E Powell Ave

General Information

Standard status Active
Size 2,699 SF
Property subtype Multi-Family

Building Details

Year Built 1919
Listing Agency: Dauby Real Estate
Listed By: Trae Dauby · License #RB14050340
Source: Daubyrealestate
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 30 at 8:07PM

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 Dauby Real Estate

Investment Insights

Based on property information with market context.

This duplex is fully occupied and generates rental income under an arrangement in which tenants pay all utilities. The property was built in 1919 and is located at 709 E Powell Ave in Evansville, Indiana.

Its two-unit configuration provides an established residential income property format, with current occupancy already in place. The address is in ZIP code 47713.

Key Highlights

  • Fully occupied duplex
  • Tenants pay all utilities
  • Built in 1919

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Furniture & Home Goods Auto Parts Store (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Income property with residents covering all utility costs under the current occupancy arrangement.
Where is this duplex located?
The property is located at 709 E Powell Ave Evansville, IN.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: Fully occupied duplex; Tenants pay all utilities; Built in 1919
More about this property
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