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Evansville, IN Multifamily Properties for Sale

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29 results
Mixed-Use Investment Portfolio
$199,000
2,844 SF

Mixed-Use Investment Portfolio

512 E Riverside Drive, Evansville, IN 47713

Five-unit portfolio with mixed-use and residential income potential.

  • 5‑unit portfolio across three properties offering multiple income streams.
  • Mixed‑use potential with commercial space previously rented for $800/month.
  • 2‑bedroom single‑family home with long‑term tenants providing immediate rental income.
  • Duplex (514‑516 E. Riverside Dr.) with two 1‑bedroom units for steady rental potential.
  • Detached garages included with multiple properties, adding value and utility.
Updated: Mar 19
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Updated Victorian Multifamily Investment Property
$585,000
6,794 SF

Updated Victorian Multifamily Investment Property

702-704 SE Second Street, Evansville, IN 47713

Updated Victorian property with income potential in Evansville's Arts District.

  • Prime location in Haynie's Corner Arts District, close to the riverfront, downtown, and more.
  • Substantial income potential with five luxury apartments generating approximately $68,000 annually.
  • Historic charm meets modern updates, including a renovated owner's unit and new roof installed in 2025.
  • Opportunity for further value‑add through renovation.
  • Includes a spacious one‑bedroom carriage house apartment above an oversized two‑car garage.
Updated: Aug 14, 2025
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Downtown Landmark Building For Sale
$2,500,000
0.26 Acres

Downtown Landmark Building For Sale

Ten-story building in downtown Evansville, suitable for office or residential.

20 NW 4th Street, Evansville, IN 47708
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Income-Producing Duplex in Evansville
$105,000
1,641 SF

Income-Producing Duplex in Evansville

Income-producing duplex with long-term tenants in Evansville, Indiana.

2453 W Franklin Street, Evansville, IN 47712
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Evansville Duplex: Investment Opportunity
$154,900
1,650 SF

Evansville Duplex: Investment Opportunity

Fully occupied duplex with separately metered utilities in Evansville, IN.

205 W Oregon Street, Evansville, IN 47710
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Evansville Fourplex with Income Potential
$249,900
4,590 SF

Evansville Fourplex with Income Potential

Fourplex in Evansville, IN, near downtown with income potential.

803 SE Riverside Drive, Evansville, IN 47713
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Evansville Duplex with Income Potential
$98,900
2,056 SF

Evansville Duplex with Income Potential

Rentable duplex with tenant-paid utilities and easy access.

1416 1418 W Eichel Avenue, Evansville, IN 47710
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Evansville Triplex: Investor Opportunity
$129,900
1,460 SF

Evansville Triplex: Investor Opportunity

Triplex with separate entrances, meters, and ample parking.

515 Washington Avenue, Evansville, IN 47713
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Westside Evansville Duplex Investment
$164,900
2,064 SF

Westside Evansville Duplex Investment

Duplex with remodeled unit and long-term tenants in place.

1629 Ewing Avenue, Evansville, IN 47712
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Duplex on Franklin Street, Evansville
$115,000
1,931 SF

Duplex on Franklin Street, Evansville

Duplex with commercial zoning and rental income in Evansville.

2455 & 2457 W Franklin Street, Evansville, IN 47712
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Evansville Duplex with Rental Income
$119,000
1,440 SF

Evansville Duplex with Rental Income

Fully occupied duplex in Evansville, Indiana, with positive cashflow.

1301 N Garvin Street, Evansville, IN 47711
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Renovated Duplex in Evansville, IN
$225,000
1,376 SF

Renovated Duplex in Evansville, IN

Fully rented, renovated duplex with off-street parking and updated features.

2161 Washington Avenue, Evansville, IN 47714
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Evansville Duplex: Investor Special
$99,900
1,760 SF

Evansville Duplex: Investor Special

Duplex with income potential, spacious layouts, and backyard lot.

1114 1116 W Illinois Street, Evansville, IN 47711
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Westside Evansville Duplex with Potential
$95,000
1,147 SF

Westside Evansville Duplex with Potential

Two-story duplex with investment potential on Evansville's westside.

1926 W Indiana Street, Evansville, IN 47712
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Evansville Duplex: Investor Opportunity
$99,900
1,760 SF

Evansville Duplex: Investor Opportunity

Duplex with classic charm, spacious layouts, and income potential.

1114 1116 W Illinois Street, Evansville, IN 47711
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Evansville Quadplex For Sale
$409,900
2,186 SF

Evansville Quadplex For Sale

Two-building, ten-unit investment property in Evansville, Indiana.

1217 North 2nd Avenue, Evansville, IN 47710
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Evansville Duplex: Investment Opportunity
$125,000
1,116 SF

Evansville Duplex: Investment Opportunity

Eastside Evansville duplex, ideal for investors, month-to-month lease.

1031 & 1033 MacArthur Circle, Evansville, IN 47714
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Downtown Evansville Apartment Building
$185,000
3,553 SF

Downtown Evansville Apartment Building

Five-unit apartment building in downtown Evansville, fully occupied.

1 Adams Ave, Evansville, IN 47713
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Updated Italianate Property in Evansville
$585,000
6,794 SF

Updated Italianate Property in Evansville

Historic property with modern updates and income potential.

702-704 Southeast 2nd Street, Evansville, IN 47713
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Mixed-Use Investment Opportunity
$250,000
2,078 SF

Mixed-Use Investment Opportunity

Commercial office and residential apartment in thriving commercial corridor.

2331-2333 Washington Ave, Evansville, IN
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Remodeled Duplex in Evansville, Indiana
$115,000
1,597 SF

Remodeled Duplex in Evansville, Indiana

Turnkey duplex with modern upgrades and consistent rental income potential.

416 Richardt Avenue, Evansville, IN 47711
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Historic Evansville Building with Carriage House
$1,057,000
5,241 SF

Historic Evansville Building with Carriage House

Historic 5,241 SF building with four luxury units.

810 SE 1st St, Evansville, IN 47713
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Evansville Furnished Rental Business Opportunity
$6,049,000
17,340 SF

Evansville Furnished Rental Business Opportunity

Fully operational, high-performing furnished rental business in Evansville, Indiana.

Old Tyme Court, Evansville, IN 47711
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Mixed-Use Investment Portfolio For Sale
$1,500,000
0.67 Acres

Mixed-Use Investment Portfolio For Sale

Four-property portfolio with restaurant, retail, apartments, and parking.

605-617 N Main St, Evansville, IN
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Evansville, IN Multifamily Properties Investment Opportunities Market Analysis

Explore 29 multifamily properties for sale in Evansville, IN, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 1,500,260 square feet of properties for sale, with an estimated market value of $8,691,400.

Sale prices for multifamily properties in Evansville, IN start at $95,000, averaging $377,886, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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