Evansville, IN Multifamily Homes & Duplexes for Sale

Fantastic opportunity to own a fully renovated, vacant duplex in Evansville, Indiana, perfect for investors or owner-occupants looking to offset their mortgage with rental income. Both units are move-in ready and were previously rented, offering immediate income potential. The upper unit features 1 bedroom, 1 full bath, and a dedicated space for a washer and dryer. This unit previously rented for

Cori Walton Catanese Real Estate

Attention INVESTORS!!! This great property has two units up and two down. Detached garage. Parking spaces in front and back plus driveway. Access to the back of the property thru the alley behind. Currently being managed by ERS Property Management Company. Tenants pay electric, Landlord pays other. Currently rented at $1595 (3 units rented) with one vacancy. Another building is for sale as well:

Kent Brenneman eXp Realty, LLC

Great investment opportunity! This 4 bed, 2 Full bath duplex offers a convenient location close to dining and public transportation. Each unit of this duplex offers 2 bedrooms, 1 full bath, living room, and spacious kitchen. New flooring, updated bathroom, washer & dryer hookups, off street parking and much more!

Penny Crick ERA FIRST ADVANTAGE REALTY, INC

Grow your investment portfolio with a fourplex right in the heart of the historic district and steps away from Haynie's Corner. All gas and electric are separately metered. The units feature tall windows, lots of natural light, private entrances and appliances. Central heat and air in all units and separate newer water heaters as well. Owner pays for water/sewer/trash. All units have been updated

Lucas Neuffer Pinnacle Realty Group

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

3 UNITS TOTAL FOR SALE... Fully occupied duplex featuring (2) 1BR/1BA (units A & B), along with a single-family home (1) 2BR/1BA (unit C) located behind the duplex. Unit C has recently been renovated! Total Gross Monthly income when fully occupied is $2,520/month. Owner pays water, sewer, trash, lawn care, and electric for units A & B. Tenant in unit C pays electric, and Tenant is responsible for

Kimberly Clark eXp Realty, LLC

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

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

Start Showing Date: 5/8/2026 Hurry! Conveniently located duplex and single family home all on the same lot! Fantastic investment property opportunity, perfect for the investor looking to begin or add to his or her investment portfolio. Units A and B (duplex) are both 3 bedroom, 1 bathroom and Unit C (separate single family) is a 2 bedroom, 1 bathroom. Lots of off-street parking available. Tenants

Deanne Naas F.C. TUCKER EMGE

Welcome to 1106 Madison Ave. 47714. Charming duplex skipping distance from Akin Park. Great investment opportunity to add to the portfolio. Both units are currently occupied by tenants. Small shed outback is included. Tenants pay for gas/elec. along with water/sewer fees. 24 hr. notice prior to all showings.

Jeremiah Mominee Berkshire Hathaway HomeServices Indiana Realty

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

Attention Investors! Are you looking for a performing and remodeled 4 unit apartment building in downtown Evansville? This is it! This building has been remodeled in the past 2 years. Roof - 1 Year old | All HVAC's - 2 Years old | All Water heaters - 2 years old | Windows, doors, flooring (LVP), kitchens, bathrooms, lights, paint, trims, and more, all within the past 2 years! Tenant pays for

mark albini eXp Realty, LLC

Welcome to this beautifully fully rented and renovated duplex on Washington Avenue. Each unit is a one bedroom, one bathroom. The property offers off street parking with a large driveway. Washer and Dryer hook-up is available. The property has been well maintained and updated including new flooring, windows, and appliances.

Alexis Acton Key Associates Signature Realty

Prime Investment Opportunity in Downtown Evansville! Discover this brand-new duplex ideally located near Haynies Corner and Evansville’s Arts District—a prime downtown setting with strong rental demand. Perfect for investors looking to expand their portfolio or owner-occupants who want to live in one unit while renting the other to help offset the mortgage. Each unit features: * 2 bedrooms | 1

Trae Dauby Dauby Real Estate

Great investment opportunity at 610 Taylor in Evansville! This well-maintained duplex features two income-producing units: Unit A offers 2 bedrooms and 1 bath, currently rented for $1,000/month, while Unit B is a 1 bedroom, 1 bath unit rented for $695/month. Unit B has been recently updated throughout and is occupied by a new tenant, providing added appeal and reduced near-term maintenance.

David Haire F.C. TUCKER EMGE

Here is your chance to purchase this beautiful, historic apartment building in the heart of downtown Evansville, right near the edge of Haynie's Corner. This property has so much potential for increased rents and increased value. This building features 9 units: 7 apartment units and 2 garage units rented out for storage. Every unit is currently rented. Some units have undergone light remodeling.

mark albini eXp Realty, LLC

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

Investment Opportunity! Fully occupied duplex with total rents at $1450/month with tenants paying all utilities.

Trae Dauby Dauby Real Estate

Great duplex investment opportunity on the Westside. Upstairs unit was fully remodeled in 2024. Upstairs unit (unit B) currently leased for $845. Lease expires 2/21/2027. Lower unit (unit A) rented for $650, lease up 10/17/2026. Electric is metered separately for each unit, while water is shared. Both units are occupied.

Jenny McBride KELLER WILLIAMS CAPITAL REALTY

Fully occupied 1-story duplex. Unit A rents for $730 per month and Unit B rents for $725 per month. Each unit offers 2 bedrooms and 1 bathroom. Owner pays water, sewer, and trash; electric is separately metered and paid by tenants.

Stacey Carpenter KELLER WILLIAMS CAPITAL REALTY

Motivated Seller! 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

Rachel Deyoung F.C. TUCKER EMGE

Located in the heart of downtown Evansville, this fully rented duplex offers an excellent investment opportunity just steps from the historic district and minutes from Haynie’s Corner. Each unit is thoughtfully laid out, with the upper level featuring 2 bedrooms and 1 full bath, while the main level offers 2 bedrooms and 2 full baths. Both units include separate laundry spaces for added

Cori Walton Catanese Real Estate

Conveniently located on the west side a few minutes to University of Southern Indiana and only a few minutes to downtown Evansville. One penthouse unit, two main-level units and two basement units. Coin-operated laundry room. 5 Separate gas and electric meters and 5 separate furnaces; one water meter. 4 units with central air units and one basement unit with a window unit. Unit B is ready for a

Kimberly Clark eXp Realty, LLC

Prime Investment Opportunity in Downtown Evansville! Discover this brand-new duplex ideally located near Haynies Corner and Evansville’s Arts District—a prime downtown setting with strong rental demand. Perfect for investors looking to expand their portfolio or owner-occupants who want to live in one unit while renting the other to help offset the mortgage. Each unit features: * 2 bedrooms | 1

Trae Dauby Dauby Real Estate

Attention INVESTORS! Great investment opportunity! 6 UNITS! This property is fully occupied with many long-term tenants and brings in $2445 monthly in rental income. 5 efficiency and 1 one bedroom unit. EACH UNIT HAS A BATHROOM. Landlord pays utilities. Another property is also available for sale, could be sold as a package deal: 4 Units: 1217/1219 N SECOND AVENUE (MLS # 202600245).

Kent Brenneman eXp Realty, LLC

Prime Investment Opportunity in Downtown Evansville! Discover this brand-new duplex ideally located near Haynies Corner and Evansville’s Arts District—a prime downtown setting with strong rental demand. Perfect for investors looking to expand their portfolio or owner-occupants who want to live in one unit while renting the other to help offset the mortgage. Each unit features: * 2 bedrooms | 1

Trae Dauby Dauby Real Estate

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

Fully occupied two-story duplex offering a great investment opportunity. Unit 205 rents for $1,050 per month and Unit 207 rents for $975 per month, with tenants paying their own utilities. Each unit features 3 bedrooms and 1 full bathroom, spacious living and dining rooms, and washer and dryer hookups located in the kitchen. Gas, electric, and water are separately metered.

Chelsea Crabtree Miller KELLER WILLIAMS CAPITAL REALTY

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