Evansville, IN Multifamily Homes & Duplexes for Sale

Westside home, the walls have been removed to studs. Home will need wiring, HVAC, water heater, new bathroom Kitchen, and plumbing installed. Home does offer a glassed-in porch and deck on back. Nice back yard where you can access from the alley. The seller removed the old chimney inside and opened the hallway so there can now be two bedrooms. The Living room, and two bedrooms have hardwood

Pam Muensterman ERA FIRST ADVANTAGE REALTY, INC

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

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 ADU (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 brand-new

Rachel Deyoung F.C. TUCKER EMGE

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

Just two blocks from the river, and ideally situated between Main Street and the Haynie’s Corner Arts District, this professionally managed, multi-family building offers strong income potential in a highly desirable location. The property features four units—two 1 bed/1 bath and two 2 bed/1 bath units, each with spacious rooms, tall ceilings, and abundant natural light. Updates over the last few

Jacy Gowen Weichert Realtors-The Schulz Group

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

Gorgeous Home built by John Elpers/Gen3 where comfort meets timeless design This beautifully well maintained 3-bedroom, 2.5-bath home offers a Large stylish light filled living space, Located in Beautiful Centerra Ridge a quiet, desirable east side neighborhood. Step inside to find an open-concept, abundant natural light, custom white blinds, crown molding and hardwood flooring throughout the

Patricia Johnson Euphoric Development Partners

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

This charming 2-bedroom, 1-bath home is a hassle-free investment with a reliable tenant already in place. The property features a spacious fenced backyard, ideal for outdoor living or pet-friendly tenants. Well-maintained and conveniently located. Start earning rental income immediately with this move-in-ready, tenant-occupied property!

Chelsea Caswell KELLER WILLIAMS CAPITAL REALTY

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

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

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

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

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

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.

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

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

Investment Opportunity, fully occupied duplex close to Evansville's down town. Tenants pay all utilities. 504 Is currently renting for $950 per month on section 8. Unit 506 is currently renting for $875.00.

Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

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

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

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

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

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

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

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

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

This is a great investment. Full brick duplex, on Evansville's northside. Each side has one bedroom, one bath with easy access to schools, shopping and medical. Easy to show. Call for showing instructions. Per seller: there was a new roof in 2024 and windows are 10-15 years old. Unit B under lease until July 2025.

Pam Rickenbaugh F.C. TUCKER EMGE

This beautifully converted duplex offers an excellent investment opportunity. The property features two distinct units: one with 3 bedrooms and the other with 2 bedrooms, both providing comfortable living spaces. Each unit boasts a well-designed layout, ample natural light, and modern amenities. Per seller unit A has had a new stove/oven, refrigerator and microwave in the past two years. Per

Rachel Deyoung F.C. TUCKER EMGE

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

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

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

Kara Hinshaw Key Associates Signature Realty