Evansville, IN Multifamily Homes & Duplexes for Sale

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  /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

  (812) 609-8179

  516 S Bedford Ave, Evansville, IN 47713
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  Explore Evansville

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  /5

  $165,000

  • 5 Beds
  • 4 Baths
  • 3,358 Sq Ft

  809 Jefferson Ave Unit 1-4, Evansville, IN 47713

  Large 4-unit property. Three of four units currently rented. Unit B pays their own electric bill. Unit B has new laminate wood flooring. Newer stairs in back of building (2023). Two (2) New heaters installed (2025). Annual numbers are estimating values Building being sold As-Is.

  

  Michelle Stanger

  Stanger Homes, LLC

  (812) 609-6308

  809 Jefferson Ave Unit 1-4, Evansville, IN 47713
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  /8

  $120,000

  • 3 Beds
  • 1 Bath
  • 1,366 Sq Ft

  603 E Gum St, Evansville, IN 47713

  Great investment opportunity!! This income producing property has long term tenants that currently pay $1200 monthly for rent with the tenant also paying all utilities. Recently updated in 2023, this 3 bedroom/1 bath home with a detached 1 car garage located near Evansville's downtown area also offers a partially finished basement that offers room for additional living space and a laundry area.

  Trae Dauby Dauby Real Estate

  603 E Gum St, Evansville, IN 47713
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  /3

  $45,000

  • 2 Beds
  • 1 Bath
  • 840 Sq Ft

  609 Taylor Ave, Evansville, IN 47713

  Investment Opportunity! This 2 bedroom, 1 bathroom home is part of an investment package of 4 properties for a total of $180,000. Great income potential! Properties included in this package: 313 Adams Ave, Evansville 1320 S Governor, Evansville 329 Taylor Ave, Evansville 609 Taylor Ave, Evansville

  Trae Dauby Dauby Real Estate

  609 Taylor Ave, Evansville, IN 47713
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  /5

  $45,000

  • 2 Beds
  • 1 Bath
  • 1,021 Sq Ft

  329 Taylor Ave, Evansville, IN 47713

  Investment Opportunity! This 2 bedroom, 1 bathroom home is part of an investment package of 4 properties for a total of $180,000. Great income potential! Properties included in this package: 313 Adams Ave, Evansville 1320 S Governor, Evansville 329 Taylor Ave, Evansville 609 Taylor Ave, Evansville

  Trae Dauby Dauby Real Estate

  329 Taylor Ave, Evansville, IN 47713
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  /2

  $56,250

  • 1 Bed
  • 1 Bath
  • 536 Sq Ft

  1912 E Illinois St, Evansville, IN 47711

  Investment Opportunity! This 1 bedroom, 1 bathroom home is part of an investment package of 4 properties for a total of $225,000. Great income potential! Properties included in this package: 1112/1114 Read St, Evansville 709 E Powell Ave A & B, Evansville 1303 E Indiana, Evansville 1912 E Illinois, Evansville

  Trae Dauby Dauby Real Estate

  1912 E Illinois St, Evansville, IN 47711
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  /9

  $119,900

  • 4 Beds
  • 2 Baths
  • 1,884 Sq Ft

  1113 N 4th Ave, Evansville, IN 47710

  Money making duplex located near Cedar Hall School! 2 bedrooms/1 bath on each side which are up/down units. Nice front porch, metal roof, neat and clean. Gross rent is calculated when both units are occupied.

  Jonathan Weaver F.C. TUCKER EMGE

  1113 N 4th Ave, Evansville, IN 47710
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  /17

  $159,900

  • 5 Beds
  • 3 Baths
  • 2,544 Sq Ft

  1033 E Mulberry St, Evansville, IN 47714

  Come bring your own tenants! Near downtown duplex with two units down and one up. Culdesac street and great rental area with easy access to the Greenway with easy access to downtown and the eastside. Two 2 bedrooms/1 bath, living room, kitchen units and the third unit having 1 bedroom/1 bath.

  Jonathan Weaver F.C. TUCKER EMGE

  1033 E Mulberry St, Evansville, IN 47714
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  /5

  $140,000

  • 4 Beds
  • 2.5 Baths
  • 2,324 Sq Ft

  1210 1212 Corregidor Cir, Evansville, IN 47714

  Near eastside duplex with up/down units. Easy access to Lorraine Park and its pool and also near the eastside. Up/down units each with 2 bedrooms/1 bath, living room, dining room, kitchen and laundry hookups.

  Jonathan Weaver F.C. TUCKER EMGE

  1210 1212 Corregidor Cir, Evansville, IN 47714
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  /11

  $179,000

  • 4 Beds
  • 2 Baths
  • 1,972 Sq Ft

  222 E Missouri St, Evansville, IN 47711

  Versatile Home – Ideal as a Duplex or Single-Family Residence This newly remodeled home offers flexible living options. Whether you're looking for a spacious single-family home or a multi-unit setup, this property delivers. The layout is perfectly suited for use as a duplex, with separate entrances and living spaces, or can easily be enjoyed as a large single-family residence. Highlights

  Christopher Mills KELLER WILLIAMS CAPITAL REALTY

  222 E Missouri St, Evansville, IN 47711
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  /18

  $235,000

  • 4 Beds
  • 2 Baths
  • 2,808 Sq Ft

  117 Cherry St, Evansville, IN 47713

  ALL BRICK duplex in the heart of downtown Evansville. Built in 1904 and being renovated, you can still find original charm throughout both units. You can keep this as a duplex, or open it back up and make it a single family residence with lots of features. Keeping as a duplex, you can even live in one side and rent the other to pay your mortgage - talk about making your money work for you! This

  Phil Johnson J Realty LLC

  117 Cherry St, Evansville, IN 47713
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  /13

  $585,000

  • 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

  Philip Hooper Berkshire Hathaway HomeServices Indiana Realty

  702 SE 2nd St, Evansville, IN 47713
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  /30

  $149,900

  • 2 Beds
  • 2 Baths
  • 1,259 Sq Ft

  1400 E Walnut St, Evansville, IN 47714

  Awesome duplex offering significant long-term income! Located just minutes from U of E w/ many updates! Unit #1 receiving the most recent w/ new luxury vinyl flooring. Open layout w/ arched doorways, an abundant of built-in’s, plus updated kitchen (all appliances included). There is a separate dining room & a portion of the basement has been finished providing flexible living space. The

  Johnna Hancock-Blake Berkshire Hathaway HomeServices Indiana Realty

  1400 E Walnut St, Evansville, IN 47714
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  /16

  $109,000

  • 4 Beds
  • 2 Baths
  • 2,694 Sq Ft

  1600 S Linwood Ave, Evansville, IN 47713

  This one-and-a-half story duplex sits on a corner lot and offers two units, each including 2 bedrooms and 1 bathroom. The main floor unit features an open floor plan with tall ceilings, decorative fireplace in the living room, and a formal dining room that leads into the kitchen. The upstairs unit, currently rented, includes a spacious living room and kitchen, a conveniently located laundry room,

  Trae Dauby Dauby Real Estate

  1600 S Linwood Ave, Evansville, IN 47713
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  /2

  $110,000

  • 3 Beds
  • 2.5 Baths
  • 2,532 Sq Ft

  3076 Grove St, Evansville, IN 47710

  This captivating home seamlessly blends historic charm with comprehensive modern upgrades per seller: a 2010 roof; new electrical, plumbing, septic system, insulation, and drywall (90?% complete) installed in 2024; new windows added in 2020; and dual HVAC units for upstairs and downstairs comfort. The main floor features a spacious owner's bedroom and ensuite with walk-in closet, rough-ins for a

  Rachel Deyoung F.C. TUCKER EMGE

  3076 Grove St, Evansville, IN 47710
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  /2

  $99,000

  • 2 Beds
  • 1 Bath
  • 1,036 Sq Ft

  1710 Allens Ln, Evansville, IN 47710

  This unique investment property includes a 2-bedroom, 1-bathroom main house—complete with a full basement, front sunroom, and convenient laundry hookup—alongside a separate, (per seller) fully remodeled dwelling (completed in 2020) that’s currently under contract with the Evansville Housing Authority for $500/month through May 2026. Per seller, the roof (2020), blown-in insulation, and a

  Rachel Deyoung F.C. TUCKER EMGE

  1710 Allens Ln, Evansville, IN 47710
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  /3

  $110,000

  • 3 Beds
  • 2 Baths
  • 1,466 Sq Ft

  3062 Grove St, Evansville, IN 47710

  Step into a virtually brand-new, “finish-it-yourself” dream home brimming with modern upgrades: this spacious shell boasts three bedrooms—including a master suite with an attached full bath—and a second full bath, all served by (per seller) a new HVAC, plumbing, and electrical system installed in 2025. The interior is fully drywalled and freshly painted, offering a clean canvas for your flooring,

  Rachel Deyoung F.C. TUCKER EMGE

  3062 Grove St, Evansville, IN 47710
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  /19

  $109,900

  • 2 Beds
  • 1 Bath
  • 960 Sq Ft

  1225 S Harlan Ave, Evansville, IN 47714

  This renovated home offers an open floor plan and many updates inside and out! As you enter the home through the covered porch, you're greeted with a large living room with refinished hardwood flooring and an abundance of natural light. The living room opens to the kitchen with access to the dining room off the back of the home. The primary bedroom has access to the updated full bath with

  Penny Crick ERA FIRST ADVANTAGE REALTY, INC

  1225 S Harlan Ave, Evansville, IN 47714
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  /2

  $149,000

  • 2 Beds
  • 2 Baths
  • 1,590 Sq Ft

  627 Covert Ave, Evansville, IN 47713

  Don't miss this great investment opportunity to own a duplex just minutes from the Arts district in downtown Evansville. Both units include 1 bedroom, kitchen, spacious living room and dining room with one side renting for $1000 per mo. and the other renting for $950 per month.

  Charlie Butler KELLER WILLIAMS CAPITAL REALTY

  627 Covert Ave, Evansville, IN 47713
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  /11

  $146,000

  • 3 Beds
  • 3 Baths
  • 2,114 Sq Ft

  2728 W Virginia St, Evansville, IN 47712

  WEST-TRIPLEX: 3 one bedroom apartments located just minutes from shopping, bus line, schools. Exterior has been extensively remodeled featuring new roof and decking, replacement windows, stone trim, new siding (old asbestos siding removed, new osb, house wrap), updated plumbing (lines and drains), vapor barrier installed, foundation & floor joists plus new sub flooring in Apt B, new concrete side

  Paula Haller ERA FIRST ADVANTAGE REALTY, INC

  2728 W Virginia St, Evansville, IN 47712
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  /6

  $110,000

  • 2 Beds
  • 2 Baths
  • 1,088 Sq Ft

  1211 Macarthur Dr, Evansville, IN 47714

  Investor-ready duplex with two beautifully renovated 1-bedroom, 1-bath units—each featuring modern updates and fresh finishes throughout. Both units are fully occupied with reliable tenants, offering immediate rental income and strong cash flow. Separately metered and low maintenance, this property is a hassle-free addition to any portfolio.

  Chelsea Caswell KELLER WILLIAMS CAPITAL REALTY

  1211 Macarthur Dr, Evansville, IN 47714
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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
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  /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
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  /36

  $145,000

  • 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
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  /36

  $170,000

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

  910 Harriet St, Evansville, IN 47710

  Investor’s Dream Property –BEING SOLD "AS IS"- 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

  Tonia Stofleth KELLER WILLIAMS CAPITAL REALTY

  910 Harriet St, Evansville, IN 47710
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  /12

  $109,000

  • 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
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  /22

  $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
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  /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
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  /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
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  /12

  $119,900

  • 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
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  /18

  $119,900

  • 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
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  /10

  $107,000

  • 4 Beds
  • 2 Baths
  • 2,211 Sq Ft

  1100 N 3rd Ave, Evansville, IN 47710

  Occupied Duplex, Unit A is currently renting for $875 and Unit B $775. Tenants pays for center point. Owner pays for water and lawncare.

  Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

  1100 N 3rd Ave, Evansville, IN 47710
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  /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
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  /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
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  /32

  $174,000

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

  825 E Blackford Ave, Evansville, IN 47713

  Great investment property! This triplex 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
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  /2

  $45,000

  • 2 Beds
  • 1 Bath
  • 1,048 Sq Ft

  1320 S Governor St, Evansville, IN 47713

  Investment Opportunity! This 2 bedroom, 1 bathroom home is part of an investment package of 4 properties for a total of $180,000. Currently leased for $750/mo. with tenant paying all utilities. Great income potential! Properties included in this package: 313 Adams Ave, Evansville 1320 S Governor, Evansville 329 Taylor Ave, Evansville 609 Taylor Ave, Evansville

  Trae Dauby Dauby Real Estate

  1320 S Governor St, Evansville, IN 47713
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  /2

  $45,000

  • 2 Beds
  • 1 Bath
  • 1,335 Sq Ft

  313 Adams Ave, Evansville, IN 47713

  Investment Opportunity! This 2 bedroom, 1 bathroom home rents for $780/month with tenant paying all utilities and is part of an investment package of 4 properties for a total package price of $180,000. Package includes: 313 Adams, 1320 s Governor, 329 Taylor, 609 Taylor. Great income potential!

  Trae Dauby Dauby Real Estate

  313 Adams Ave, Evansville, IN 47713
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  /2

  $56,250

  • 2 Beds
  • 1 Bath
  • 962 Sq Ft

  1303 E Indiana St, Evansville, IN 47711

  Investment Opportunity! This 2 bedroom, 1 bathroom home is part of an investment package of 4 properties for a total of $225,000. Great income potential. Properties included in this package: 1112/1114 Read St, Evansville 709 E Powell Ave A & B, Evansville 1303 E Indiana, Evansville 1912 E Illinois, Evansville

  Trae Dauby Dauby Real Estate

  1303 E Indiana St, Evansville, IN 47711
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  /2

  $56,250

  • 2 Beds
  • 2 Baths
  • 1,456 Sq Ft

  1114 Read St, Evansville, IN 47710

  Investment Opportunity! This duplex is part of an investment package of 4 properties for a total of $225,000. This duplex offers two 1 bedroom, 1 bathroom units. One side is currently rented at $350/month with a long-term tenant. Tenants pay all utilities. Properties included in this package: 1112/1114 Read St, Evansville 709 E Powell Ave A & B, Evansville 1303 E Indiana, Evansville 1912 E

  Trae Dauby Dauby Real Estate

  1114 Read St, Evansville, IN 47710
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  /2

  $56,250

  • 3 Beds
  • 2 Baths
  • 2,699 Sq Ft

  709 E Powell Ave, Evansville, IN 47713

  Investment Opportunity! Fully occupied duplex with total rents at $1450/mo.Sold as part of a package deal totaling 4 investment properties. Tenants pay all utilities. Package includes: 1112/1114 Read St(duplex), 709 E Powell A&B(duplex), 1303 E Indiana, 1912 E Illinois for a total package purchase price of $225,000.

  Trae Dauby Dauby Real Estate

  709 E Powell Ave, Evansville, IN 47713

Showing Results 1 - 40, Page 1 of 2

Why Live in Evansville

Evansville's cultural scene centers around distinctive attractions like the historic Log Inn restaurant, established in 1825 and once visited by Abraham Lincoln. The Mesker Park Zoo & Botanic Garden and Wesselman Woods Nature Preserve provide natural escapes, while the Ford Center hosts Evansville Thunderbolts hockey games and major concerts. The Haynie's Corner Arts District features local galleries and unique shops, complemented by the historic Victory Theatre's Broadway shows and performances.

The housing market in Evansville presents diverse options across price points. The median sale price for single family homes is $220,000, with neighborhoods like Cambridge Village commanding higher median prices at $531,600 and Bellemeade Bayard Park offering more affordable options at $102,500. Condominiums range from a median price of $95,000 for one bedroom units to $221,000 for two bedrooms. Townhomes have a median price of $82,000.

Living costs in Evansville fall 6.7% below the national average. A family with school age children needs approximately $98,000 annually to live comfortably, while renters should aim for $50,000. Property taxes stand at 0.82% in Vanderburgh County, lower than nearby Owensboro, Kentucky at 0.86%. The education system includes highly rated institutions like Evansville Day School and North High School, both receiving A ratings from Niche. The University of Evansville and University of Southern Indiana enhance higher education opportunities. Local amenities include Eastland Mall, the Ohio Riverfront walking paths, and distinctive restaurants like Turoni's Pizzery & Brewery, serving signature thin crust pizzas since 1963.

Learn more about living in Evansville

Home Trends in Evansville, IN

On average, homes in Evansville, IN sell after 38 days on the market compared to the national average of 52 days. The median sale price for homes in Evansville, IN over the last 12 months is $158,300, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$158,300

Median Single Family Sale Price

$155,450

Median Townhouse Sale Price

$91,250

Median 2 Bedroom Sale Price

$168,250

Median 1 Bedroom Sale Price

$265,000

Average Price Per Sq Ft

$99

Number of Homes for Sale

206

Last 12 months Home Sales

1,071

Months of Supply

2.30

Median List Price

$159,900

Median Change From 1st List Price

2%

Median Home Sale Price YoY Change

9%