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Evansville, IN Multifamily Homes & Duplexes for Sale

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  • /8

    $155,000

    • 5 Beds
    • 3 Baths
    • 2,060 Sq Ft

    1912 1914 W Indiana St, Evansville, IN 47712

    Great investment opportunity on Evansville's west side. Convenient location to Franklin St. Both units are currently rented. Sold As Is

    Jenny McBride KELLER WILLIAMS CAPITAL REALTY

    1912 1914 W Indiana St, Evansville, IN 47712
  • /10

    $95,000

    • 2 Beds
    • 1 Bath
    • 1,147 Sq Ft

    1926 W Indiana St, Evansville, IN 47712

    Welcome to this two-story brick home located on the westside of Evansville, IN. Built in 1869, the home features two cozy bedrooms and a single bathroom. Outside enjoy the fenced in back yard. The second story presents a fantastic opportunity, for residential or investment potential. As it can be finished to create additional living space tailored to your needs or a second rental unit. Whether

    Jenny McBride KELLER WILLIAMS CAPITAL REALTY

    1926 W Indiana St, Evansville, IN 47712
  • /36

    $186,000

    • 5 Beds
    • 5 Baths
    • 2,924 Sq Ft

    216 Oak St, Evansville, IN 47713

    Opportunity knocks with this 5-unit multifamily property in downtown Evansville, near the Haynies Corner arts district, the Riverfront and less than a mile away from the IU School of Medicine. This Fiveplex includes: two 2 bed/1 bath units, two 1 bed/1bath units and a studio apartment. This property needs significant TLC to bring it back to life but has huge upside potential for the right

    Mitch Isbell RE/MAX REVOLUTION

    216 Oak St, Evansville, IN 47713
  • /24

    $184,900

    • 4 Beds
    • 6 Baths
    • 2,882 Sq Ft

    1916 W Michigan St, Evansville, IN 47712

    Nice Westside Tri-plex locatedjust off Franklin Street! Close to resturants and shopping with easy access to the Lloyd. Currently there are 2 1 bedroom apartments and a 2 bedroom apartment, but bedrooms could easily be converted to a 2 bedroom for extra income. The house has just had rubber roofs installed. The apartments are very roomy with nice size kitchens and bathrooms. Theere is plenty of

    Bill Long HELFRICH REALTY CO

    1916 W Michigan St, Evansville, IN 47712
  • /29

    $145,000

    • 4 Beds
    • 3 Baths
    • 2,095 Sq Ft

    2923 Mount Vernon Ave, Evansville, IN 47712

    Fully occupied duplex featuring (2) 1BR/1BA (units A & B) and single family home (1) 2BR/1BA (unit C). Owner pays water, sewer, trash, lawn care, and electric for units A & B. Tenant in unit C pays electric.

    Kimberly Clark eXp Realty, LLC

    2923 Mount Vernon Ave, Evansville, IN 47712
  • /36

    $219,900 Open Sun 12PM - 2PM

    • 3 Beds
    • 2 Baths
    • 1,881 Sq Ft

    910 Harriet St, Evansville, IN 47710

    Investor’s Dream Property – Fully Renovated Duplex! Originally built in 1904, this stunning duplex has been completely transformed from top to bottom. Every inch has been updated with modern finishes while preserving its historic charm. Featuring new doors, floors, windows, A/C units, tiled showers, toilets, vanities, and fresh paint throughout. Thoughtfully upgraded with new backsplashes in both

    Tonia Stofleth KELLER WILLIAMS CAPITAL REALTY

    910 Harriet St, Evansville, IN 47710
  • /12

    $114,000

    • 4 Beds
    • 2 Baths
    • 2,254 Sq Ft

    1800 N 6th Ave, Evansville, IN 47710

    Duplex ready for the next investor! Unit A is a one bedroom is a one bedroom unit now vacant and was renting for 525 per month. Unit B is a 3 bedroom unit on back side and is a two story unit. Unit B is renting for $795 per month, with lease in place until 03/31/2026

    Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

    1800 N 6th Ave, Evansville, IN 47710
  • /22

    $229,000

    • 3 Beds
    • 2 Baths
    • 1,302 Sq Ft

    2618 Lake Dr, Evansville, IN 47711

    Welcome to a beautifully updated brick ranch nestled in a quiet and established neighborhood in Evansville. This move-in ready 3-bedroom, 2-bath home offers a seamless blend of modern updates and classic charm.Step inside to discover fresh paint throughout, brand-new luxury vinyl plank flooring, and a spacious living room featuring a statement stone fireplace. The fully updated kitchen boasts new

    Lisa Faw Euphoric Development Partners

    2618 Lake Dr, Evansville, IN 47711
  • /4

    $160,000

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    1208 1210 S Lombard Ave, Evansville, IN 47714

    In addition to being an income producing asset, it can also be a home to the owner with the tenant's rental payment taking care of a lot or most of the mortgage payment!!! This ALL BRICK two Bedroom One Bath each side property is located on a well known street, and just twelve blocks south of the Lloyd Expressway!! It is a convenient location! Each unit has a separate utility meter and tenant

    Sherry Hancock ERA FIRST ADVANTAGE REALTY, INC

    1208 1210 S Lombard Ave, Evansville, IN 47714
  • /10

    $163,000

    • 4 Beds
    • 4 Baths
    • 4,353 Sq Ft

    807 Washington Ave, Evansville, IN 47713

    Great Investment Opportunity near downtown Haynie's Corner! 6 unit investment opportunity: 2 residential units upstairs, 2 residential units downstairs, 1 commercial unit (2,00 sq ft could be 2), and a building in the back - could be an office, another unit or storage. Property also includes vacant lots across the street. These lots would make great parking lot

    Jonathan Baker BAKER AUCTION & REALTY

    807 Washington Ave, Evansville, IN 47713
  • /5

    $35,000

    • 5 Beds
    • 3 Baths
    • 1,784 Sq Ft

    1200 Harriet St, Evansville, IN 47710

    2 Investment homes on the same parcel located at the corner of Louisiana and Harriet. Homes are being sold together and are being sold as-is. Homes are in need of work and have been boarded up. Priced aggressively to sell and gives the new owner the opportunity to turn these into rentals or flips to resale once remodeled.

    Grant Waldroup F.C. TUCKER EMGE

    1200 Harriet St, Evansville, IN 47710
  • /23

    $189,000

    • 6 Beds
    • 3 Baths
    • 2,879 Sq Ft

    906 Varner Ave, Evansville, IN 47720

    Unique Multi-Unit Property on Evansville's Westside. This property features 3 units. The main house features living room, dining room, 3 bedrooms and 1 full bath. This unit has been updated with new flooring, kitchen and bath. There is a unit in the basement with separate exterior entrance that could be finished off for extra income. There is another building in back of the property that has

    Mindy Word F.C. TUCKER EMGE

    906 Varner Ave, Evansville, IN 47720
  • /12

    $130,500

    • 5 Beds
    • 3 Baths
    • 2,800 Sq Ft

    1320 S Grand Ave, Evansville, IN 47713

    Fully occupied duplex, featuring a 2 bedroom unit and a 3 bedroom unit. Total rent per month brings in $1495 per month. Tenants pay all utilities.

    Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

    1320 S Grand Ave, Evansville, IN 47713
  • /18

    $126,500

    • 5 Beds
    • 2 Baths
    • 2,080 Sq Ft

    1407 Fountain Ave, Evansville, IN 47710

    Attention all investors! Check out this fully occupied duplex. Unit A Rents for $795 per month. Unit B is currently renting for $775.00. Tenants are responsible for all utilites.

    Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

    1407 Fountain Ave, Evansville, IN 47710
  • /14

    $154,900

    • 5 Beds
    • 4 Baths
    • 3,502 Sq Ft

    1419 Cumberland Ave, Evansville, IN 47712

    Presenting a fantastic investment opportunity with this fully occupied four plex located on the west side of Evansville. The owner currently covers all utilities, simplifying the management process. With professional management in place, this turnkey property requires minimal effort from the new owner while providing steady returns. This quadplex offers an ideal addition to your investment

    Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

    1419 Cumberland Ave, Evansville, IN 47712
  • /19

    $275,000

    • 4 Beds
    • 4 Baths
    • 2,860 Sq Ft

    708 SE 3rd St, Evansville, IN 47713

    Great investment opportunity awaits you. This lovely home offers 4 studio apartments. Two of the units have had long term tenants in them and the other two have been used for short term rentals. The two short term rentals are turn key and ready to go. The units offer murphy style beds in the living space, updated bathrooms and kitchens. Three of the units have a small balcony/porch space.

    Jason Eddy F.C. TUCKER EMGE

    708 SE 3rd St, Evansville, IN 47713
  • /5

    $180,000

    • 4 Beds
    • 5 Baths
    • 2,986 Sq Ft

    1224 N First Ave, Evansville, IN 47710

    Attention investors, this 5 unit building with a parking lot on a corner offers steady income in a convenient location right on First Ave. Curretnly offers Four one bedroom units and a efficiency, and a parking lot. With easy access to Diamond Ave and north side shopping. Some updates made by current owner, 4 units are currently rented out with 1 vacant and ready for some TLC for more income.

    Cathie Spalding Pinnacle Realty Group

    1224 N First Ave, Evansville, IN 47710
  • /3

    $125,000

    • 4 Beds
    • 3.5 Baths
    • 2,900 Sq Ft

    306 308 E Florida St, Evansville, IN 47711

    This separately metered, Tri-Plex is a great investment opportunity. Inside you will find two 1-bed, 1-bath units on the main level. Each of the main level units have Central Furnace with Window Unit A/C. Upstairs you will find a 2-bed, 1.5-bath unit with Central Furnace and A/C. In the rear there is a lot for parking. Total monthly gross rent is $2,045.

    Casey McCoy KELLER WILLIAMS CAPITAL REALTY

    306 308 E Florida St, Evansville, IN 47711
  • /26

    $179,000

    • 3 Beds
    • 3 Baths
    • 2,517 Sq Ft

    825 E Blackford Ave, Evansville, IN 47713

    Great investment property! Triplex that brings in $1900 per month! All three units are leased! One studio and two one bedroom units. Tenants responsible for their electric and owner pays water. One unit completely remodeled over last few months and leased out Feb 2025. New roof 2020. Detached garage. Basement has access from inside and outside. Potentially could be a quad plex (lower

    Kent Brenneman eXp Realty, LLC

    825 E Blackford Ave, Evansville, IN 47713
  • /7

    $122,900

    • 4 Beds
    • 3 Baths
    • 1,148 Sq Ft

    1305 Marshall Ave, Evansville, IN 47714

    This duplex offers one unit with 3 bed, 2 full baths. The second unit offers 1 bed, 1 bath, all on one level. Each unit has separate furnace, a/c, water heater, water, breaker box and is separately metered. Landlord pays water/sewer, tenant pays all other. Total monthly rents are $1,570.

    Casey McCoy KELLER WILLIAMS CAPITAL REALTY

    1305 Marshall Ave, Evansville, IN 47714
  • /36

    $445,000

    • 5 Beds
    • 4 Baths
    • 3,616 Sq Ft

    212 Cherry St, Evansville, IN 47713

    Perfectly situated between downtown and Haynie's Corner Arts District, this gorgeous multi unit has been updated throughout and very well maintained. Currently the building is fully leased as a 3 unit, however, the large main floor unit can be easily converted to two separate units. There is a cozy back yard area & brick 3 car garage that tenants can enjoy the use of. Updates include: -Apt D

    Charlie Butler KELLER WILLIAMS CAPITAL REALTY

    212 Cherry St, Evansville, IN 47713
  • /13

    $85,000

    • 4 Beds
    • 2 Baths
    • 2,578 Sq Ft

    516 S Bedford Ave, Evansville, IN 47713

    This duplex offers two separate units- Unit A & Unit B. Unit A has been updated with newer laminate flooring, newer Fridge (Nov 2023) and paint. Also has 2 bedrooms and 1 full bath. Unit B offers 2 upper bedrooms and 1 full bath. Each unit has a separate kitchen. All utilities are included in the rent amounts. There is a one-time Pet fee. New HVAC was installed August 2024. Great investment

    Michelle Stanger Stanger Homes, LLC

    516 S Bedford Ave, Evansville, IN 47713
  • /16

    $219,900

    • 3 Beds
    • 4 Baths
    • 2,940 Sq Ft

    1116 SE 1st St, Evansville, IN 47713

    Beautiful 4 unit building located just a few blocks from Haynie's Corner. This home is fully occupied and brings in $2,725.00 per month. A brand new roof was installed in summer, 2023. 3-1 bedrooms and 1- efficiency apartment. Owner pays utilities but electric meters are currently separated. Two of the units have been completely renovated and updated and there is an additional 3rd floor space

    Lucas Neuffer Pinnacle Realty Group

    1116 SE 1st St, Evansville, IN 47713
  • /2

    $99,500

    • 3 Beds
    • 2 Baths
    • 1,943 Sq Ft

    1114 N 2nd Ave, Evansville, IN 47710

    Single Family home with additional lot 1112 N Second Ave. Currently tenant occupied with long-term (>4yrs) tenant. DO NOT DISTURB. House has many updates. New electric with 200amp service, plumbing, windows, doors, spray foam insulation to attic and basement, and new vinyl approx. 2013. 90%+ high efficient natural gas forced air furnace and high efficient central AC. Updated in 2023, new

    Angela Bullock Evansville Lifestyle Realty LLC

    1114 N 2nd Ave, Evansville, IN 47710
  • /2

    $170,000

    • 3 Beds
    • 2 Baths
    • 1,317 Sq Ft

    905 Stewart Ave, Evansville, IN 47715

    Cute 3 Bedroom/2 bath home with newer (2017) flooring, refrigerator, range/oven, water heater, furnace, commodes. large partially fenced yard, coveredfront porch, large master bedroom, open LR/Kitchen/DR, separate laundry room. Tenant pays $1600/month and all utilities.

    Suzan North SOHN & ASSOCIATES, LTD.

    905 Stewart Ave, Evansville, IN 47715
  • /2

    $160,000

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    1212 1214 S Lombard Ave, Evansville, IN 47714

    In addition to being an income producing asset, it can also be a home to the owner with the tenant's rental payment taking care of a lot or most of the mortgage payment!!! This ALL BRICK two Bedroom One Bath each side property is located on a well known street, and just twelve blocks south of the Lloyd Expressway!! It is a convenient location! Each unit has a separate utility meter and tenant

    Sherry Hancock ERA FIRST ADVANTAGE REALTY, INC

    1212 1214 S Lombard Ave, Evansville, IN 47714
  • /2

    $160,000

    • 2 Beds
    • 1 Bath
    • 896 Sq Ft

    1216 1218 S Lombard Ave, Evansville, IN 47714

    In addition to being an income producing asset, it can also be a home to the owner with the tenant's rental payment taking care of a lot or most of the mortgage payment!!! This ALL BRICK two Bedroom One Bath each side property is located on a well known street, and just twelve blocks south of the Lloyd Expressway!! It is a convenient location! Each unit has a separate utility meter and tenant

    Sherry Hancock ERA FIRST ADVANTAGE REALTY, INC

    1216 1218 S Lombard Ave, Evansville, IN 47714
  • /2

    $109,500

    • 3 Beds
    • 2 Baths
    • 966 Sq Ft

    209 N 2nd Ave, Evansville, IN 47710

    Investment Opportunity, fully occupied duplex. Bot units are on section 8 currently. Owner pays water, tenants pay all other utilities.

    Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

    209 N 2nd Ave, Evansville, IN 47710
  • /30

    Call for Price

    • 1 Bed
    • 4.5 Baths
    • 1,230 Sq Ft

    916 Rueger Dr, Evansville, IN 47710

    - Huge Building with Over 10,000 Total SQFT Under Roof! - Great Location Just North of Central High School! - Last Used as a Residence & Storage! - Currently Zoned R-1! - Guaranteed Good Clear Title & 60 Days to Close! - No Buyer’s Premium! This large and unique structure was built in 1971 and offers amazing potential for an end-user or investor! The main floor offers over 7,000 square feet of

    Trent Sohn SOHN & ASSOCIATES, LTD.

    916 Rueger Dr, Evansville, IN 47710

About Evansville

Located in southwest Indiana’s Vanderburgh County, Evansville sits across the Ohio River from Kentucky. The city is known for its affordability, historic districts and beloved annual events. “Buyers are moving to Evansville because the cost of living is cheaper,” says Kara Hinshaw, a broker at Key Associates Signature Realty. “It’s hassle-free living, and people love that.” Established in 1812, Evansville was settled for its fertile farmland and prime location as a transportation route along the river. Today, Evansville is home to nearly 121,00 ...

Home Trends in Evansville, IN

Home Trends

Median Price (12 Mo)
$205,000
Median Single Family Price
$209,950
Median Townhouse Price
$87,500
Median 2 Bedroom Price
$216,250
Median 1 Bedroom Price
$91,000
Average Price Per Sq Ft
$118
Number of Homes for Sale
294
Last 12 months Home Sales
1,965
Months of Supply
1.80
Median List Price
$219,000
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
2%
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