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Evansville, IN Multifamily Homes & Duplexes for Sale

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  • /5

    $165,000

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

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

    Spacious 4-unit property with strong rental potential—three of the four units are currently leased. Unit B features new laminate wood flooring and pays its own electric bill. Recent updates include newer exterior rear stairs (2023) and two new water heaters installed in Spring 2025. Annual financials are based on estimated values. Property is being sold As-Is.

    Agent Photo

    Michelle Stanger

    Stanger Homes, LLC

    (812) 609-6308

    809 Jefferson Ave Unit 1-4, Evansville, IN 47713
  • /17

    $99,900

    • 4 Beds
    • 2 Baths
    • 2,056 Sq Ft

    1416 1418 W Eichel Ave, Evansville, IN 47710

    In demand rentable duplex. Extra room upstairs could be converted into a 3rd bedroom. Both units have same basic layout. Tenants pay utilities/separate meters. Storage shed for both units. Unit 1416 rented for $550/month. Unit 1418 previously rented for $660/month. Easy access to Lloyd Expy. Estate sale. Sold "AS IS".

    Charlie Butler KELLER WILLIAMS CAPITAL REALTY

    1416 1418 W Eichel Ave, Evansville, IN 47710
  • /11

    $52,000

    • 3 Beds
    • 2 Baths
    • 1,947 Sq Ft

    420 E Michigan St, Evansville, IN 47711

    Duplex on corner lot. Main Unit contains 2 bedroom, 1 bath, living room, dining room and kitchen. Back unit is a studio and needs TLC. Both units will be delivered vacant.

    Jonathan Baker BAKER AUCTION & REALTY

    420 E Michigan St, Evansville, IN 47711
  • /28

    $150,000

    • 2 Beds
    • 2 Baths
    • 1,332 Sq Ft

    1107 Harmony Way, Evansville, IN 47720

    Step into this delightful home, perfectly suited for those seeking comfort and convenience! Located on the west side, just a short walk from Mater Dei High School, this residence offers an ideal location, with parks, schools, and entertainment mere minutes away. The home features one bedroom and bathroom upstairs, with an additional bedroom and full bath downstairs. Recent updates include a newly

    Nicole Risse Turnkey Realty & Property Management

    1107 Harmony Way, Evansville, IN 47720
  • /15

    $58,000

    • 2 Beds
    • 1 Bath
    • 700 Sq Ft

    1307 S Harlan Ave, Evansville, IN 47714

    Investment Opportunity – Located in Evansville's East Side Just Blocks away from Bosse High School, this 2-bedroom, 1-bath single-family home offers 700 sq ft of potential. A covered, screened-in porch welcomes you and provides a potential great spot to relax. Inside, the layout is simple and efficient, ready for your updates and personal touch. The decent-sized backyard is perfect for outdoor

    Tonia Stofleth KELLER WILLIAMS CAPITAL REALTY

    1307 S Harlan Ave, Evansville, IN 47714
  • /27

    $240,000

    • 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. Each unit boasts large rooms, all

    Harris Howerton Harris Howerton Real Estate

    504 Casselberry Ave, Evansville, IN 47712
  • /7

    $66,000

    • 2 Beds
    • 1 Bath
    • 742 Sq Ft

    1710 N Governor St, Evansville, IN 47711

    Excellent investment property with a spacious side yard—perfect for expansion, gardening, or additional outdoor space! Close to Bosse Field to catch Otters Games, and other fun events. Home to be sold as-is. Furnace was replaced about a year ago. Managed by ERS Property Managers. Tenant pays all utilities. All appliances are tenants, and do not stay.

    Jessie Gross F.C. TUCKER EMGE

    1710 N Governor St, Evansville, IN 47711
  • /8

    $275,000

    • 6 Beds
    • 4 Baths
    • 4,590 Sq Ft

    803 SE Riverside Dr, Evansville, IN 47713

    Huge income potential in the heart of the near downtown! 3 of the 4 units are occupied! Close to the Greenway, Haynies Corner and downtown; also, the IU Medical School.

    Jonathan Weaver F.C. TUCKER EMGE

    803 SE Riverside Dr, Evansville, IN 47713
  • /27

    $164,900

    • 4 Beds
    • 2 Baths
    • 2,064 Sq Ft

    1629 Ewing Ave, Evansville, IN 47712

    Walk through contingent up acceted offer. Great duplex investment opportunity on the Westside. Upstairs unit was fully remodeled in 2024. Upstairs unit (unit B) currently leased for $845. Lease expires 2/21/2026. Lower unit (unit A) rented for $650, lease up 10/17/2026. Updates to downstairs unit includes to A/C. Electric is metered separately for each unit, while water is shared. Both units are

    Jenny McBride KELLER WILLIAMS CAPITAL REALTY

    1629 Ewing Ave, Evansville, IN 47712
  • /2

    $27,500

    • 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
  • /3

    $42,500

    • 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
  • /11

    $178,000

    • 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
  • /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
  • /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
  • /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
  • /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
  • /13

    $140,000

    • 3 Beds
    • 2 Baths
    • 3,361 Sq Ft

    4913 Stringtown Rd, Evansville, IN 47711

    Step into this versatile 3-bedroom, 2-bath gem—refreshed with new paint and flooring in 2022 per owner—where the bedroom upstairs and a full bath provide ideal separation and possibility of a fourth bedroom, while another two bedrooms and full bath below offer excellent rental or multigenerational flexibility. A full basement adds bonus space for storage, a workshop, or future finish, while a

    Rachel Deyoung F.C. TUCKER EMGE

    4913 Stringtown Rd, Evansville, IN 47711
  • /19

    $94,900

    • 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
  • /11

    $142,000

    • 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
  • /15

    $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
  • /5

    $160,000

    • 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. Currently 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, 3 units are currently rented out with 2 vacant and ready for some TLC for more income.

    Cathie Spalding Pinnacle Realty Group

    1224 N First Ave, Evansville, IN 47710
  • /2

    $99,900

    • 3 Beds
    • 2 Baths
    • 1,760 Sq Ft

    1114 1116 W Illinois St, Evansville, IN 47711

    Investor Special! Built in 1916, this duplex offers great potential with classic charm and spacious layouts. The main level unit features 2 bedrooms, 1 full bath, plus access to the basement with storage and laundry area. The upstairs unit includes 1 bedroom and 1 full bath, with the possibility of being converted into a 2-bedroom unit for increased rental income. Each unit is approximately 880

    Tonia Stofleth KELLER WILLIAMS CAPITAL REALTY

    1114 1116 W Illinois St, Evansville, IN 47711
  • /2

    $30,000

    • 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
  • /2

    $135,000

    • 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
  • /2

    $42,500

    • 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
  • /2

    $120,000

    • 5 Beds
    • 2 Baths
    • 1,597 Sq Ft

    416 Richardt Ave, Evansville, IN 47711

    This fully remodeled duplex offers a turnkey investment opportunity with modern upgrades and consistent income. Per seller both units underwent comprehensive renovations in 2015, including complete electrical and plumbing systems, ensuring long-term reliability. The property features a durable metal roof installed in 2010 (per seller), further enhancing its value. Unit 1 is a spacious

    Rachel Deyoung F.C. TUCKER EMGE

    416 Richardt Ave, Evansville, IN 47711

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.

Home Trends in Evansville, IN

Housing Trends

Median Sale Price
$162,000
Median Single Family Sale Price
$156,000
Median Townhouse Sale Price
$135,000
Median 2 Bedroom Sale Price
$173,200
Average Price Per Sq Ft
$98
Number of Homes for Sale
251
Last 12 months Home Sales
980
Months of Supply
3.10
Median List Price
$160,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
8%
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