Evansville, IN Residential Income Properties for Sale

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Henderson, KY Newburgh, IN Mount Vernon, IN

33 listings

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$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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$179,900

2,982 SF

Remodeled Duplex Residence

1411 W Maryland Street, Evansville, IN 47710

Fully remodeled two-unit duplex with separate utilities and in-unit laundry hookups for one unit.

Duplex with 2 separate units: Unit A (4 bed/2 bath) and Unit B (1 bed/1 bath)
Unit A currently rented for $1,395/month and Unit B currently rented for $650/month (total gross monthly income $2,045)
Both units reportedly fully remodeled with updated finishes throughout
Unit A includes washer and dryer hookups and access to a 32x24 pole barn
Utilities are separately metered; tenants pay water, sewer, trash, and electric

Updated: May 7

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$134,900

2,192 SF

Updated Duplex with Detached Garage

Two-unit duplex with a recently updated 1-bedroom unit and a detached rear garage, supported by owner-paid utilities.

610 Taylor Avenue, Evansville, IN 47713

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$568,000

6,794 SF

Updated Italianate Multifamily Building

Converted mid-1800s property offers four apartments plus a carriage house over a two-car garage.

702-704 SE Second Street, Evansville, IN 47713

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Evansville Duplex: Investment Opportunity

$234,900

2,011 SF

Evansville Duplex: Investment Opportunity

Well-maintained duplex in Evansville with strong cash flow.

4100 Claremont Avenue, Evansville, IN 47712

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$138,900

1,714 SF

Well-Maintained Duplex in Evansville

Evansville duplex: investment or owner-occupant, remodeled unit, rental income.

900 902 Mary Street, Evansville, IN 47710

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Evansville Triplex Investment Opportunity

$175,000

2,016 SF

Evansville Triplex Investment Opportunity

Income-producing triplex with leases in place, great investment opportunity.

632 S Harlan Avenue, Evansville, IN 47714

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$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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$149,900

1,650 SF

Evansville Duplex: Investment Opportunity

Fully occupied duplex with separately metered utilities, great investment opportunity.

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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$164,900

2,064 SF

Evansville Duplex Investment Opportunity

Westside duplex with remodeled unit and existing leases.

1629 Ewing Avenue, Evansville, IN 47712

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$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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$129,900

1,376 SF

Evansville Duplex Near Akin Park

Charming duplex near Akin Park, great investment opportunity.

1106 Madison Avenue, Evansville, IN 47714

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$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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$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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$89,900

2,056 SF

Evansville Duplex with Rental Income

Duplex in Evansville, Indiana, with potential rental income.

1416 1418 W Eichel Avenue, Evansville, IN 47710

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Historic Evansville Building with Carriage

$1,057,000

5,241 SF

Historic Evansville Building with Carriage

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

810 SE 1st St |, Evansville, IN 47713

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$7,000,000

Newly Redeveloped Multifamily Community

59-unit multifamily community in Evansville, Indiana, completed in 2025.

301 NW 3rd St, Evansville, IN 47708

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$156,000

1,566 SF

One-Story Brick Duplex

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

1121 South Dexter Avenue, Evansville, IN 47714

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$89,900

0.12 Acres

Duplex with 1 Bed, 1 Bath Each Side

Two 1-bedroom units each with a full bath, offering an owner-occupant or rental setup with month-to-month tenants.

924 Negley Avenue, Evansville, IN 47711

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$226,000

3,125 SF

Four-Unit Apartment Complex For Sale

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

3426 Igleheart Avenue, Evansville, IN 47712

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$129,900

1,376 SF

Occupied Duplex With Two Units

Two-unit duplex with both units occupied and tenant-paid utilities, plus a small shed out back.

1106 Madison Avenue, Unit A & B, Evansville, IN 47714

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Evansville Investment Opportunity Near Bosse

$58,000

700 SF

Evansville Investment Opportunity Near Bosse

Two-bedroom, one-bath single-family home near Bosse High School.

1307 S Harlan Avenue, Evansville, IN 47714

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$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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Evansville, IN Residential Income Properties Investment Opportunities Market Analysis

Explore 65 residential income properties for sale in Evansville, IN, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 121,139 square feet of properties for sale, with an estimated market value of $9,475,700.

Sale prices for residential income properties in Evansville, IN start at $58,000, averaging $350,951, and reaching up to $2,550,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 183K

Population Growth (5Y) +10.0%

Median Household Income $64,157

College Educated 10.1%

High-Yield Neighborhoods for Investment

Identify Evansville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47714	$142.6K
47710	$194.7K
47712	$208.6K
47713	$390.7K
47711	$1.3M

Taxes & Financing

Tax Rate (average for all types) 2.78%

Property Tax per SF $43.26 per SF

Tax Rate vs County Average 0.14 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Vanderburgh County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Evansville fall within the 100,000+ square foot range.

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