Listing
Active
$102,500
For sale
507 S••••• Evans Ave (Sign up for 50 free credits to unlock)Evansville, IN 47713
2Beds
2Baths
1,504Sq Ft Living
3,485Sq Ft Lot
1904Year Built
Property Description
Investor opportunity! This duplex features two 2-bedroom, 1-bath units. Unit A is currently rented for $795/month with a lease in place through 6/30/2026, while Unit B is vacant and advertised at $795/month, offering immediate upside for an owner or investor. Add this income-producing property to your portfolio and start building cash flow today.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Jun 13, 2026
- Price per Sq Ft
- $68/sqft
- ZIP Code
- 47713
- Full Baths
- 2
- Stories
- 2
- Cooling
- Central Air
- Property Tax (2025)
- $780/yr
- Assessed Value
- $36,400
- Last Sold
- $96,562 · Oct 7, 2024
- Neighborhood
- Old Erie
- County
- Vanderburgh
- School District
- Evansville Vanderburgh Sch Corp
Estimated Value
$100,510Range $80,408 to $120,612
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 2
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Land Info
- Lot Description: Level
- Lot Size Acres: 0.08
- Lot Size Dimensions: 141x25
- Lot Size Square Feet: 3485
Utilities
- Sewer: Public
Other Rooms
- Basement Description: Crawl
Rental Info
- Lease Term: 1 Year
- Tenant Pays: Fuel, Lawn Maintenance, Trash Collection, Water
Commercial Info
- Net Operating Income: 17424.97
Multi-Unit Info
- Number of Units: 2
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Unit-1 Square Feet: 750
- Unit-2 Square Feet: 750
- Unit 1 Total Actual Rent: 795
- Unit 2 Total Actual Rent: 795
Interior Features
- Flooring: Vinyl
Garage and Parking
- Parking Total: 2
School Information
- Elementary School: Hebron
- High School: William Henry Harrison
- Middle School: Plaza Park
- School District: Evansville-Vanderburgh School Co
Heating and Cooling
- Cooling Features: Central Air
- Heating Fuel: Conventional
Other Property Info
- Source Listing Status: Active
- County: Vanderburgh County
- Directions: North on Hwy 41 to West on Lincoln ave, to North on Evans to duplex on Left
- Tax Year: 2026
- Inclusions: Building
- Area: Vanderburgh County
- Source Neighborhood: Vanderburgh County
- Owner Pays: Building Insurance
- Parcel Number: 82-06-29-024-042.016-029
- Township: Pigeon
- Property Subtype: Duplex
Building and Construction
- Total Square Feet Living: 1504
- Year Built: 1904
- Above Grade Finished Area: 1504
- Building Exterior Type: Aluminum
- Property Age: 122
- Levels or Stories: 2
- House Style: Two Story
- Total Area Sqft: 1504
Amenities and Community Features
- Off Street Parking
Location
Lat 37.97151 · Lng -87.55280