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Investment - Homes for Sale in Evansville, IN

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  • /2

    $90,000

    • 2 Beds
    • 1 Bath
    • 825 Sq Ft

    1313 N Fares Ave, Evansville, IN 47711

    Investor opportunity! This 2-bedroom, 1-bath home is currently tenant-occupied and generating $825 per month in rental income. Whether you're looking to expand your portfolio or purchase your first investment property, this cash-flowing property offers immediate income from day one.

    Agent Photo

    Erica Berendsen

    KELLER WILLIAMS CAPITAL REALTY

    1313 N Fares Ave, Evansville, IN 47711
  • /32

    $234,900

    • 5 Beds
    • 2 Baths
    • 2,011 Sq Ft

    4100 Claremont Ave, Evansville, IN 47712

    Westside Duplex! Welcome to 4100 Claremont Ave — a fantastic investment opportunity on Evansville’s west side offering strong cash flow and solid updates throughout! This well-maintained duplex currently generates $2,400 per month in rental income, with both units occupied and tenants paying all utilities except water. Unit A features 3 bedrooms, a spacious layout, and a large open deck perfect

    Agent Photo

    Jerrod Eagleson

    KELLER WILLIAMS CAPITAL REALTY

    4100 Claremont Ave, Evansville, IN 47712
  • /2

    $150,000

    • 4 Beds
    • 2 Baths
    • 1,400 Sq Ft

    1500 S Harlan Ave, Evansville, IN 47714

    Investment opportunity! This duplex features two 2-bedroom, 1-bath units, offering strong income potential for investors or owner-occupants alike. Live in one unit and rent the other, or maximize cash flow by leasing both. Conveniently located and ready for its next owner, this property is a great addition to any real estate portfolio.

    Agent Photo

    Erica Berendsen

    KELLER WILLIAMS CAPITAL REALTY

    1500 S Harlan Ave, Evansville, IN 47714
  • /2

    $80,000

    • 2 Beds
    • 1 Bath
    • 1,155 Sq Ft

    710 Waggoner Ave, Evansville, IN 47713

    Investor opportunity! This 2-bedroom, 1-bath home is currently tenant-occupied and generating $875 per month in rental income. Whether you're looking to expand your portfolio or purchase your first investment property, this cash-flowing property offers immediate income from day one. Tenants rights. Please do not disturb tenants

    Agent Photo

    Erica Berendsen

    KELLER WILLIAMS CAPITAL REALTY

    710 Waggoner Ave, Evansville, IN 47713
  • /13

    $568,000

    $17K PRICE DROP
    • 9 Beds
    • 6 Baths
    • 6,794 Sq Ft

    702 SE 2nd St, Evansville, IN 47713

    In the heart of Evansville’s Haynie’s Corner Arts District, between the riverfront and downtown, this beautifully updated Italianate property blends mid-19th-century character with modern investment appeal. Originally built circa 1850, it now offers four luxury apartments plus a spacious one-bedroom carriage house apartment above an oversized two-car garage. Together, these units generate

    Agent Photo

    Philip Hooper

    Berkshire Hathaway HomeServices Indiana Realty

    702 SE 2nd St, Evansville, IN 47713
  • /35

    $494,900

    $5K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,784 Sq Ft

    5400 Weaver Rd, Evansville, IN 47711

    Situated on 7 scenic acres, this beautifully maintained brick ranch offers the perfect blend of space, updates, and opportunity—all conveniently located near north side shopping with quick access to Highway 41. Fresh paint, new flooring, and updated fixtures create a clean, move-in ready feel throughout. The spacious living room flows seamlessly into the eat-in kitchen, complete with updated

    Agent Photo

    Rick Marshall

    ERA FIRST ADVANTAGE REALTY, INC

    5400 Weaver Rd, Evansville, IN 47711
  • /2

    $79,900

    Pending
    • 2 Beds
    • 1 Bath
    • 1,017 Sq Ft

    2319 Herbert Ave, Evansville, IN 47714

    Needs work, has potential for space and the 20 x 31 detached garage is a bonus. Windows are replacement windows, there is potential for 3rd bedroom. No electric is on at home and seller is selling as-is. Investment opportunity with immediate possession.

    Agent Photo

    Jenna Hancock-Wargel

    Berkshire Hathaway HomeServices Indiana Realty

    2319 Herbert Ave, Evansville, IN 47714
  • /13

    $450,000

    • Land
    • 40,946 Sq Ft
    • $478,723 per Acre

    428 NW 3rd St, Evansville, IN 47708

    Position your portfolio for growth with this premier lot in downtown Evansville, Indiana. Located at 428 NW 3rd Street, this property represents a rare chance to secure a piece of real estate in the heart of a thriving and revitalized urban center.Why Invest in This Property?Prime Location: Situated in Evansvilles bustling downtown district, this lot offers unparalleled

    Andrew Wilson William Wilson Auction Realty, Inc

    428 NW 3rd St, Evansville, IN 47708
  • /2

    $95,000

    • 2 Beds
    • 1 Bath
    • 1,030 Sq Ft

    1712 S New York Ave, Evansville, IN 47714

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    1712 S New York Ave, Evansville, IN 47714
  • /2

    $129,900

    • 3 Beds
    • 2 Baths
    • 1,566 Sq Ft

    1000 N Elliott St, Evansville, IN 47711

    Investment Package Opportunity! This property is being offered as part of a 3-property package deal located in Evansville and will not be sold separately. The package includes 304 Tekoppel Ave, 405 Garfield Ave,, and 1000 N Elliott St, . All three properties are in need of rehabilitation and offer tremendous potential for an investor looking for their next project. Whether you're seeking

    Yvonne Woodburn Catanese Real Estate

    1000 N Elliott St, Evansville, IN 47711
  • /2

    $42,500

    • 2 Beds
    • 1 Bath
    • 1,066 Sq Ft

    403 Jackson Ave, Evansville, IN 47713

    Great investment opportunity to add to your portfolio. This 2 bed/1 bath currently rents for $500/month. Tenant pays all utilities. Detached 2.5 car garage

    Craig Elliott Weichert Realtors-The Schulz Group

    403 Jackson Ave, Evansville, IN 47713
  • /22

    $108,900

    Pending
    • 1 Bed
    • 1 Bath
    • 740 Sq Ft

    200 Hampton Dr, Evansville, IN 47715

    ?Welcome to this one bedroom one bath condo in Hampton Court on the first floor, which is conveniently located to all things. This condo has been totally updated from top to bottom. Which includes a new HVAC system in 2026. and a new hot water heater in 2022. There is a dedicated parking space in front of the unit. There is a large patio off of the great room area. The gate opens up and you have

    Anne Barber F.C. TUCKER EMGE

    200 Hampton Dr, Evansville, IN 47715
  • /2

    $95,000

    • 2 Beds
    • 1 Bath
    • 945 Sq Ft

    433 S Denby Ave, Evansville, IN 47713

    Turn-key investment opportunity! This 2-bedroom home rents for $950/month and had a FULL-GUT renovation in 2024-2025! Close proximity to downtown, Highway 41, and the Lloyd Expressway.

    Andrew Bowlds Euphoric Development Partners

    433 S Denby Ave, Evansville, IN 47713
  • /2

    $95,000

    Pending
    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    918 N Sonntag Ave, Evansville, IN 47720

    Please do not disturb the Tenants. Need 48 Hours notice to show. Offer must be accepted contingent upon walk through. This is a package deal with 6 investment properties. (1 1157 Sweetser rents $585.00 (2-1521 Ravenswood rents $825.00 (3-720 E Oregon rents for $(700.00 month (4-618 E Missouri rents $820.00 (5-918 Sonntag rents $675.00 (6-3507 Kathleen Ave rent $725.00. Total package for

    Charlie Butler KELLER WILLIAMS CAPITAL REALTY

    918 N Sonntag Ave, Evansville, IN 47720
  • /6

    $64,000

    $11K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    1028 Covert Ave, Evansville, IN 47714

    Investment opportunity with tenant and management already in place. This cozy 2-bedroom rental is currently leased at $800/month, offering immediate rental income for a cash buyer or investor. The property features a functional layout plus a detached garage with potential for future value-add use. Solid rental, manageable size, and upside potential make this a great addition to a rental portfolio.

    Mark Whetstine Comfort Homes

    1028 Covert Ave, Evansville, IN 47714
  • /2

    $115,000

    • 3 Beds
    • 1 Bath
    • 1,112 Sq Ft

    1955 Herbert Ave, Evansville, IN 47714

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    1955 Herbert Ave, Evansville, IN 47714
  • /2

    $45,000

    • 2 Beds
    • 1 Bath
    • 769 Sq Ft

    1310 S Elliott St, Evansville, IN 47713

    Don't miss your opportunity to add this investment opportunity to your rental portfolio. This 2 bed/1 bath home currently rents for $450/month. Tenant pays all utilities.

    Craig Elliott Weichert Realtors-The Schulz Group

    1310 S Elliott St, Evansville, IN 47713
  • /39

    $525,000

    • 10 Beds
    • 10 Baths
    • 5,105 Sq Ft

    613 N Fulton Ave, Evansville, IN 47710

    Turn-key investment opportunity! This well-maintained two-story 10-plex features ten 1 bed / 1 bath units, with 9 of the 10 units already updated—offering immediate cash flow from day one. The property has seen major recent improvements, including a brand-new roof installed within the past 2 months. Each unit is separately metered for electric, with tenants responsible for their own usage,

    Jeremy Outlaw Catanese Real Estate

    613 N Fulton Ave, Evansville, IN 47710
  • /2

    $80,000

    • 2 Beds
    • 1 Bath
    • 1,125 Sq Ft

    1737 S Bedford Ave, Evansville, IN 47713

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    1737 S Bedford Ave, Evansville, IN 47713
  • /13

    $168,500

    • 4 Beds
    • 1 Bath
    • 1,393 Sq Ft

    104 S Weinbach Ave, Evansville, IN 47714

    Great Investment Opportunity! Students just moved out and it was Last Leased for $1,760.00 per month i.e. $440.00 per bedrooms. Within walking distance of U of E, Plenty of Off Street Parking behind the home. 4 Bedrooms 1 Bath with a partial Basement. Recent updates include Kitchen Remodeled new cabinets, Counters, Electric Range/Oven, Microwave Oven/Hood Combo, dishwasher and a Refrigerator. The

    Randy Brown F.C. TUCKER EMGE

    104 S Weinbach Ave, Evansville, IN 47714
  • /4

    $95,000

    Pending
    • 3 Beds
    • 2 Baths
    • 2,086 Sq Ft

    401 E Michigan St, Evansville, IN 47711

    3 bedroom 2 bath single family home. Sold as part of a package deal (#2) totaling 7 investment properties. Currently rented for $975/month. Package includes 1015 Henning Ave., 401 E Michigan St., 1117 Lodge Ave., 1118 N Garvin St., 1414 E Sycamore St., 1800 Boeke Rd., and 1303 E Illinois St. for a total package purchase price of $665,000.00.

    Charlie Butler KELLER WILLIAMS CAPITAL REALTY

    401 E Michigan St, Evansville, IN 47711
  • /9

    $138,900

    • 2 Beds
    • 2 Baths
    • 1,714 Sq Ft

    902 Mary St, Evansville, IN 47710

    Great investment or owner-occupant opportunity with this well-maintained duplex, featuring two 1 bed / 1 bath units, with potential for a 3rd unit upstairs. One side is currently occupied on a flexible month-to-month lease, providing immediate rental income, while the other unit is vacant and has been newly remodeled. Perfect for an owner-occupant or ready to be leased at market rent. Recent

    Chelsea Caswell KELLER WILLIAMS CAPITAL REALTY

    902 Mary St, Evansville, IN 47710
  • /2

    $74,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft

    609 Covert Ave, Evansville, IN 47713

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    609 Covert Ave, Evansville, IN 47713
  • /2

    $129,900

    • 2 Beds
    • 1 Bath
    • 1,584 Sq Ft

    405 Garfield Ave, Evansville, IN 47710

    Investment Package Opportunity! This property is being offered as part of a 3-property package deal and will not be sold separately. The package includes 304 N Tekoppel Ave, 405 Garfield Ave, and 1000 N Elliott St . All three properties are in need of rehabilitation and offer tremendous potential for an investor looking for their next Summer project. Whether you're seeking fix-and-flip

    Yvonne Woodburn Catanese Real Estate

    405 Garfield Ave, Evansville, IN 47710
  • /2

    $79,000

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    1613 S Fares Ave, Evansville, IN 47714

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    1613 S Fares Ave, Evansville, IN 47714
  • /19

    $69,000

    • 3 Beds
    • 2 Baths
    • 2,028 Sq Ft

    1318 Fountain Ave, Evansville, IN 47710

    Great investment or personal home in Evansville. With some love and a vision, this home would be a beautiful show piece. Hard wood floors and tall windows in almost every room. There is a large living room and owners bedroom at the front of the home. Then you'll find a roomy dining space and kitchen. Also on the main floor is the laundry and a full bath. Upstairs are two more bedrooms and another

    Darlene Carr F.C. TUCKER EMGE

    1318 Fountain Ave, Evansville, IN 47710
  • /2

    $84,000

    • 2 Beds
    • 1 Bath
    • 720 Sq Ft

    1036 Covert Ave, Evansville, IN 47714

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    1036 Covert Ave, Evansville, IN 47714
  • /2

    $5,000

    • Land
    • 4,791 Sq Ft
    • $45,455 per Acre

    518 S Bedford Ave, Evansville, IN 47713

    Vacant residential lot near downtown Evansville. Level parcel with paved street frontage and sidewalk access. Public utilities available per public records/Seller. Located in established neighborhood with convenient access to schools, shopping, and major roadways. Ideal opportunity for new construction or investment. Seller has additional nearby lots available.

    Mia Dix ERA FIRST ADVANTAGE REALTY, INC

    518 S Bedford Ave, Evansville, IN 47713
  • /2

    $232,500

    • Land
    • 9.3 Acres
    • $25,000 per Acre

    5119 Kratzville Rd, Evansville, IN 47710

    Rare opportunity to own 9.3 acres of R-3 zoned land on the desirable north side of Evansville! This expansive parcel along Kratzville Road offers exceptional flexibility for multi-family residential development, custom estate living, or a strategic long-term land investment. R-3 zoning opens the door to a variety of higher-density residential uses, making this an outstanding opportunity for

    Christy Vondersaar Woodward Commercial Realty

    5119 Kratzville Rd, Evansville, IN 47710
  • /2

    $119,900

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,792 Sq Ft

    2452 W Maryland St, Evansville, IN 47712

    This turnkey rental home offers immediate cash flow with an established tenant in place since 2022. Currently generating $950 per month in rental income, the property provides dependable returns with utilities paid by the tenant. Located on the west side, the home includes all appliances and boasts a strong rental history, making it a low-maintenance investment and an easy addition to any

    Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

    2452 W Maryland St, Evansville, IN 47712
  • /2

    $75,000

    • 2 Beds
    • 1 Bath
    • 804 Sq Ft

    805 E Riverside Dr, Evansville, IN 47713

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    805 E Riverside Dr, Evansville, IN 47713
  • /16

    $199,000

    • 4 Beds
    • 2 Baths
    • 2,844 Sq Ft

    512 E Riverside Dr, Evansville, IN 47713

    Outstanding investment opportunity featuring a 5-unit portfolio across three properties on E. Riverside Dr. The front property, 512 E. Riverside Dr., offers mixed-use potential with a main-level commercial space previously utilized as an insurance office, recently rented for $800/month. The upper level includes a 2-bedroom residential unit that was previously leased for $500/month. This property

    Jonathan Baker BAKER AUCTION & REALTY

    512 E Riverside Dr, Evansville, IN 47713
  • /2

    $79,000

    • 2 Beds
    • 1 Bath
    • 992 Sq Ft

    1715 S Bedford Ave, Evansville, IN 47713

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    1715 S Bedford Ave, Evansville, IN 47713
  • /2

    $12,500

    • Land
    • 4,791 Sq Ft
    • $113,636 per Acre

    1218 S Linwood Ave, Evansville, IN 47713

    Build-Ready Lot at 1218 S. Linwood – Flexible Investment Opportunity Near Haynie’s Corner Take advantage of this residential lot at 1218 S. Linwood, ideally situated in a centrally located Evansville neighborhood just minutes from the energy and growth of the Haynie’s Corner Arts District. Whether you're looking to build a primary residence, rental property, or spec home, this lot offers a strong

    JoElle Knight @properties

    1218 S Linwood Ave, Evansville, IN 47713
  • /2

    $79,000

    • 2 Beds
    • 1 Bath
    • 672 Sq Ft

    721 Ridgeway Ave, Evansville, IN 47713

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    721 Ridgeway Ave, Evansville, IN 47713
  • /2

    $12,500

    • Land
    • 4,791 Sq Ft
    • $113,636 per Acre

    1206 S Linwood Ave, Evansville, IN 47713

    Prime Build Opportunity at 1206 S. Linwood – Single Lot or Multi-Lot Investment Near Haynie’s Corner Don’t miss this opportunity to own a residential lot at 1206 S. Linwood, ideally located in a centrally positioned Evansville neighborhood just minutes from the vibrant Haynie’s Corner Arts District. This lot is perfect for building a custom home, rental property, or investment project, with

    JoElle Knight @properties

    1206 S Linwood Ave, Evansville, IN 47713
  • /16

    $130,000

    • 3 Beds
    • 1 Bath
    • 1,152 Sq Ft

    1306 Cumberland Ave, Evansville, IN 47712

    Attention Investors! Turnkey tenant-occupied rental property ready to generate income from day one. This home has been extensively updated, making it a great opportunity for both first-time investors and seasoned investors looking to expand their portfolio. Recent updates include a brand-new roof, new interior finishes, new flooring, new doors, all new plumbing, an updated bathroom, updated

    Jeremy Outlaw Catanese Real Estate

    1306 Cumberland Ave, Evansville, IN 47712
  • /27

    $189,500

    $71K PRICE DROP Pending
    • 4 Beds
    • 2 Baths
    • 1,708 Sq Ft

    504 Casselberry Ave, Evansville, IN 47712

    Located on Evansville’s WestSide, right across the street from a city park, this very roomie duplex is the answer to your real estate investment desires. Perfect for the investor looking to begin or add to his or her investment portfolio. Also, perfect if your plan would be to live in one unit and have a tenant help you pay the mortgage, leasing the other unit. There is a tenant is one unit as of

    Harris Howerton Harris Howerton Real Estate

    504 Casselberry Ave, Evansville, IN 47712
  • /16

    $225,000

    • 4 Beds
    • 4 Baths
    • 2,110 Sq Ft

    1222 N 2nd Ave, Evansville, IN 47710

    Fully occupied and generating steady income, this 4-unit property is a great opportunity for investors. The building features two 1-bedroom/1-bath units and two efficiency units, each with a full bathroom. Several units have been partially updated, and all units have brand-new water lines—providing peace of mind for future ownership. Two of the units offer private balconies, adding extra appeal

    Jeremy Outlaw Catanese Real Estate

    1222 N 2nd Ave, Evansville, IN 47710
  • /2

    $89,000

    • 4 Beds
    • 2 Baths
    • 1,930 Sq Ft

    1217 S Linwood Ave, Evansville, IN 47713

    Rare opportunity to acquire a portfolio of single-family homes located throughout Evansville, Indiana. The properties feature very low vacancy rates and many long-term occupants. Seller has maintained detailed financial and maintenance records, which are available upon request. Properties may be purchased as the entire portfolio (28 homes), in smaller package offerings, or individually, providing

    Rebecca Demastus ERA FIRST ADVANTAGE REALTY, INC

    1217 S Linwood Ave, Evansville, IN 47713

Showing Results 1 - 40, Page 1 of 4

Home Price Trends

Median Sale Price
$163,250
Median Single Family Sale Price
$158,000
Median Townhouse Sale Price
$149,900
Median 2 Bedroom Sale Price
$119,800
Median 1 Bedroom Sale Price
$54,900
Average Price Per Sq Ft
$102
Number of Homes for Sale
197
Last 12 months Home Sales
962
Months of Supply
2.50
Median List Price
$160,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
3%
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