Vanderburgh County, IN Multifamily properties for sale

Updated: Aug 11

Two-Story Quadplex

1419 Cumberland Avenue, Evansville, IN 47712

$129,900

3,502 sqft 0.25 AC lot

Four‑unit quadplex with all units occupied
3,502 square feet on a 0.25‑acre lot
Built in 1893 with two‑story construction
Owner currently covers all utilities
Professional management in place

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Updated: Jul 13

Duplex with Central Air

1800 N 6th Avenue, Evansville, IN 47710

$102,000

2,254 sqft 0.09 AC lot

2,254‑square‑foot duplex on a 0.09‑acre lot
Two separate residences with one‑bedroom and three‑bedroom layouts
Unit A is currently vacant
Unit B is a two‑story, three‑bedroom unit leased month to month
Central air conditioning with laminate and carpet flooring

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Updated Fourplex With Private Entrances

818 SE Riverside Drive, Evansville, IN 47713

$259,900

2,063 sqft 0.12 AC lot

Four residential units include appliances, central heating and air conditioning, and separate gas and electric meters.

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Apartment Building with Carriage House

702-704 SE Second St, Evansville, IN 47713

$568,000

6,794 sqft

Historic Italianate property with updated interiors, a renovated owner’s unit, and a new roof installed in 2025.

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Two-Story Duplex with Basement

1407 Fountain Avenue, Evansville, IN 47710

$115,000

2,080 sqft 0.16 AC lot

Residential income property offering central air, a basement, and a five-bedroom, two-bath configuration.

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Two-Unit Duplex with Basement

504 506 Adams Avenue, Evansville, IN 47713

$118,000

2,542 sqft 0.13 AC lot

Fully occupied residential income property with central air, vinyl and carpet flooring, and tenant-paid utilities.

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Victorian Apartment Building

702-704 SE Second Street, Evansville, IN 47713

$568,000

6,794 sqft 0.24 AC lot

Five-unit configuration includes a carriage-house apartment and a two-car garage.

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Updated 10-Unit Apartment Building

613 615 N Fulton Ave, Evansville, IN 47710

$499,900

5,105 sqft

Two-story apartment property with individually metered electric and tenant-paid usage.

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Updated Duplex with Private Entrances

4100 Claremont Avenue, Evansville, IN 47712

$229,900

2,011 sqft 0.21 AC lot

Ranch-style duplex with separate living areas, off-street parking, and recent improvements across both units.

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Updated Duplex with Upstairs Potential

900 902 Mary Street, Evansville, IN 47710

$123,900

1,714 sqft 0.11 AC lot

Two one-bedroom units offer flexible occupancy, including a remodeled vacant unit and a month-to-month tenancy.

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11-Unit Apartment Portfolio

509 Se 1st St, Evansville, IN 47713

$895,000

8,327 sqft

Three apartment properties are offered together in Evansville’s Historic District with professional management already in place.

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Section 8 Duplex with Central Air

209 N 2Nd Avenue, Evansville, IN 47710

$100,000

966 sqft 0.06 AC lot

Fully occupied two-unit property with central air, vinyl and carpet flooring, and a basement.

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Two-Unit Duplex Property

1500 S Harlan Avenue, Evansville, IN 47714

$150,000

1,400 sqft 0.15 AC lot

Single-story residential income property with central air and laminate flooring throughout.

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Remodeled 4-Unit Apartment Building

800 Line St, Evansville, IN 47713

$300,000

2,948 sqft

Updated interiors and major building systems support continued apartment use.

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Two-Unit Duplex Property

2504 2506 Negley Place, Evansville, IN 47711

$140,000

1,250 sqft 0.13 AC lot

Each residence provides two bedrooms and one bathroom, creating a consistent residential layout across the property.

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Two-Unit Duplex with Central Air

507 S Evans Avenue, Evansville, IN 47713

$102,500

1,504 sqft 0.08 AC lot

Two-unit residential income property with central air, vinyl flooring, and separate two-bedroom layouts.

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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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Corner-Lot Duplex with Central Air

1021 1023 Park Street, Evansville, IN 47710

$95,000

1,800 sqft 0.08 AC lot

Fully leased two-unit property with tenant-paid utilities and a recently renewed one-year lease term.

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Two-Unit Duplex with Off-Street Parking

2601 W Virginia St, Evansville, IN 47712

$154,900

1,900 sqft

Each unit features a large kitchen, main-level laundry, and access to shared property amenities.

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Two-Story Triplex

500 E Franklin Street, Evansville, IN 47711

$135,000

2,538 sqft 0.11 AC lot

Three one-bedroom units with separate utilities for most services and central air conditioning.

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Brick Duplex with Corner Lot

3600 3604 Kathleen Ave, Evansville, IN 47714

$160,000

1,880 sqft

Two-bedroom units offer eat-in kitchens, laundry hookups, private decks, and access to shared outdoor space.

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Two-Story Duplex with Renovated Unit

1629 Ewing Avenue, Evansville, IN 47712

$164,900

2,064 sqft 0.17 AC lot

Occupied income property with separate electric metering, shared water service, and central air conditioning.

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Updated Two-Unit Duplex

900 902 Mary St, Evansville, IN 47710

$123,900

1,714 sqft

One unit is leased month-to-month, while the second is vacant after a recent remodel.

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Duplex with Separate Metering

1320 S Grand Avenue, Evansville, IN 47713

$115,000

2,800 sqft 0.11 AC lot

Fully occupied property with two residential units and tenant-paid utilities.

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Vanderburgh County, IN Multifamily Properties Market Trends and Statistics

Explore 75 multifamily properties for sale in Vanderburgh County, IN, showcased through 75 active listings on our real estate platform. These investment opportunities span a total of 182,810 square feet of properties for sale, with an estimated market value of $12,320,459.

Sale prices for multifamily properties in Vanderburgh County, IN start at $75,000, averaging $198,717, 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.

Featured Vanderburgh County Real Estate Agencies

Realmo connects you with licensed Vanderburgh County CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Berkshire Hathaway HomeServices Indiana Realty

4111 Washington Avenue Evansville, IN 47714

Phone: 18124550370