Vanderburgh County, IN Multifamily Properties for Sale

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Updated: Jun 15

Two-Unit Duplex with Two Bedrooms

1500 S Harlan Avenue, Evansville, IN 47714

$150,000

1,400 sqft 0.15 AC lot

Duplex with two 2‑bedroom, 1‑bath units
Built in 1935
Central air cooling
Laminate flooring

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This listing looks promising.

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1500 S Harlan Avenue, Evansville, IN 47714

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Est. Cap Rate

8.5%
Above avg (5.9%)
Est. NOI

$13K
Annual
Price @ 7% Cap

$183K
Above asking
Property Type

Row House
Built 1935

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Updated: Jul 13

Occupied Duplex Income Property

1407 Fountain Avenue, Evansville, IN 47710

$115,000

2,080 sqft 0.16 AC lot

Fully occupied duplex with Unit B currently renting for $850/month
Unit A rent was $795/month and just went vacant
Tenants are responsible for all utilities
Central air cooling
Carpet and vinyl flooring

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Fourplex with Private Entrances

818 SE Riverside Drive, Evansville, IN 47713

$264,900

2,063 sqft 0.12 AC lot

Well-maintained four-unit property with private entrances, separately metered utilities, central HVAC, and recent interior updates.

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Fully Leased Duplex With Two Units

1320 S Grand Avenue, Evansville, IN 47713

$115,000

2,800 sqft 0.11 AC lot

Two-unit duplex with separate utility metering, consisting of one 2-bedroom and one 3-bedroom unit.

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Historic Evansville Building with Carriage

810 SE 1st St |, Evansville, IN 47713

$1,057,000

5,241 sqft

Historic 5,241 SF Evansville building with four luxury units.

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Fully Leased Duplex Investment

504 506 Adams Avenue, Evansville, IN 47713

$120,000

2,542 sqft 0.13 AC lot

Duplex with units 504 and 506 currently rented, with tenants responsible for all utilities.

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Well-Maintained Duplex with Detached Garage

610 Taylor Avenue, Evansville, IN 47713

$122,500

2,192 sqft 0.11 AC lot

Two rental units with a detached rear garage and updated one-bedroom unit support straightforward residential income use.

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Duplex with Vacant One-Bedroom Unit

1800 N 6th Avenue, Evansville, IN 47710

$107,000

2,254 sqft 0.09 AC lot

Two-unit duplex in Evansville with a vacant one-bedroom unit and a leased two-story three-bedroom unit.

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One-Story Brick Duplex

1121 South Dexter Avenue, Evansville, IN 47714

$135,000

1,566 sqft

Two separately addressed units each offer two bedrooms and an off-street parking setup.

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Four-Unit Residential Income Property

520 SE Riverside Drive, Evansville, IN 47713

$345,000

2,846 sqft 0.12 AC lot

Four rental units offer a mix of one- and two-bedroom layouts with on-site parking and outdoor space.

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Brick Duplex with Off-Street Parking

112 W Louisiana Street, Evansville, IN 47710

$165,000

2,316 sqft 0.12 AC lot

Two leased units with covered porches, basements with washer/dryer hookups, gas forced-air heat, and central air.

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Downtown Evansville Apartment Building

1 Adams Ave, Evansville, IN 47713

$185,000

3,553 sqft

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

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Remodeled Duplex with Flexible Leasing

900 902 Mary Street, Evansville, IN 47710

$138,900

1,714 sqft 0.11 AC lot

Well-maintained duplex offering two 1-bedroom units, a vacant remodeled side, and a month-to-month occupied unit.

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Remodeled Duplex Investment

1411 W Maryland Street, Evansville, IN 47710

$174,900

2,982 sqft 0.13 AC lot

Two independently metered units with remodeled interiors and tenant-paid utilities support straightforward residential income.

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Updated Italianate Property in Evansville

702-704 Southeast 2nd Street, Evansville, IN 47713

$568,000

6,794 sqft

Historic property with modern updates and income potential.

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Updated Duplex with Private Entrances

4100 Claremont Avenue, Evansville, IN 47712

$234,900

2,011 sqft 0.21 AC lot

Well-maintained duplex with private entrances, off-street parking, and recent interior upgrades, with both units currently occupied.

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Italianate Multifamily Building

702-704 SE Second Street, Evansville, IN 47713

$568,000

6,794 sqft 0.24 AC lot

Offers four apartments plus a carriage house over a two-car garage, with a new roof installed in 2025.

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Four-Unit Apartment Complex For Sale

3426 Igleheart Avenue, Evansville, IN 47712

$226,000

3,125 sqft

Fully rented four-unit apartment complex near shopping and schools.

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Fully Occupied Duplex Investment

209 N 2Nd Avenue, Evansville, IN 47710

$105,000

966 sqft 0.06 AC lot

Fully occupied duplex with both units currently participating in Section 8, with the owner paying water.

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Evansville Duplex: Investor Opportunity

1114 1116 W Illinois Street, Evansville, IN 47711

$99,900

1,760 sqft 0.06 AC lot

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

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Two-Unit Duplex Income Property

205 W Oregon Street, Evansville, IN 47710

$149,900

1,650 sqft 0.11 AC lot

Fully occupied duplex with two 3-bedroom, 1-bath units, separately metered utilities, and kitchen washer/dryer hookups.

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Evansville Village MHP Investment Opportunity

1900 N Willow Rd, Evansville, IN 47711

$1,485,000

Manufactured housing community with 57 lots and growth potential.

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Two-Unit Duplex with 2-Bed Units

507 S Evans Avenue, Evansville, IN 47713

$105,000

1,504 sqft 0.08 AC lot

Duplex with two 2-bedroom, 1-bath units, including one leased through 6/30/2026 and one vacant for immediate occupancy planning.

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Four-Unit Quadplex Investment

803 SE Riverside Drive, Evansville, IN 47713

$249,900

4,590 sqft 0.20 AC lot

Four-unit quadplex with three units currently occupied, near downtown Evansville.

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Vanderburgh County, IN Multifamily Properties Market Trends and Statistics

Explore 63 multifamily properties for sale in Vanderburgh County, IN, showcased through 36 active listings on our real estate platform. These investment opportunities span a total of 83,193 square feet of properties for sale, with an estimated market value of $7,206,300.

Sale prices for multifamily properties in Vanderburgh County, IN start at $75,000, averaging $211,950, and reaching up to $1,057,000 — 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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