Listing
$568,000
702-704 SE••••• Second St (Sign up for 50 free credits to unlock)Evansville, IN 47713
Property Description
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 approximately $68,000 in annual gross rent. The right-side owners' unit underwent a complete renovation and brick addition circa 2010, featuring quality finishes & tile, wood & hard surface flooring, and luxury details that shine today. A new roof was installed in 2025. The left side of the duplex presents a rare opportunity for transformation-ideal for a large two or three bedroom townhome conversion or additional rental space. All of this is just steps from neighborhood festivals, local dining, and the medical school campus. Properties with this combination of historic curb appeal, updated systems, income potential, and prime location are rare in Evansville's core. Showings by accepted offer only, to respect tenant privacy, it's time to grow your portfolio today.
Property Facts & Features
- Property Type
- Multi Family
- Status
- Active
- Listed
- Aug 13, 2025
- Price per Sq Ft
- $84/sqft
- ZIP Code
- 47713
- Full Baths
- 6
- Stories
- 2
- Cooling
- Central Air
- Style
- Victorian
- Property Tax (2025)
- $10,374/yr
- Assessed Value
- $484,000
- Last Sold
- $230,000 · Jan 7, 2015
- Neighborhood
- Wheeler
- County
- Vanderburgh
- School District
- Evansville Vanderburgh Sch Corp
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 9
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Land Info
- Lot Description: Level
- Lot Size Acres: 0.24
- Lot Size Dimensions: 71 x 149
- Lot Size Square Feet: 10454
- Wooded Area: 1
Utilities
- Sewer: City
Other Rooms
- Basement Features: Brick
- Basement Description: Partial Basement
Rental Info
- Lease Term: 1 Year
- Tenant Pays: Cooling, Heating
Commercial Info
- Net Operating Income: 67202
Multi-Unit Info
- Number of Buildings: 2
- Number of Units: 6
- Number of Studio Units: 2
- Number of 1 Bedroom Units: 1
- Bedrooms in Unit-1: 2
- Bedrooms in Unit-2: 1
- Bedrooms in Unit-3: 1
- Bedrooms in Unit-4: 1
- Bedrooms in Unit-5: 2
- Bedrooms in Unit-6: 2
- Total Bathrooms in Unit-1: 1
- Total Bathrooms in Unit-2: 1
- Total Bathrooms in Unit-3: 1
- Total Bathrooms in Unit-6: 1
- Total Rooms in Unit-1: 5
- Total Rooms in Unit-2: 3
- Total Rooms in Unit-3: 3
- Total Rooms in Unit-4: 4
- Total Rooms in Unit-5: 5
- Total Rooms in Unit-6: 5
- Unit-1 Garage Spaces: 1
- Unit 1 Total Actual Rent: 1900
- Unit 2 Total Actual Rent: 775
- Unit 3 Total Actual Rent: 800
- Unit 4 Total Actual Rent: 950
- Unit 5 Total Actual Rent: 1495
Interior Features
- Flooring: Mixed, Wood
Garage and Parking
- Driveway: Concrete
- Parking Total: 3
School Information
- Elementary School: West Terrace
- High School: Francis Joseph Reitz
- Middle School: Perry Heights
- School District: Evansville-Vanderburgh School Co
Heating and Cooling
- Cooling Features: Central Air
- Heating Fuel: Forced Air
- Number of Fireplaces: 3
Other Property Info
- Source Listing Status: Active
- County: Vanderburgh County
- Directions: Downtown to 2nd St
- Tax Year: 2025
- Inclusions: Building,Land,Lease
- Area: Vanderburgh County
- Source Neighborhood: Vanderburgh County
- Owner Pays: Lawn Maintenance, Maintenance, Tax, Trash Collection, Water
- Parcel Number: 82-06-30-020-086.008-029
- Township: Pigeon
Building and Construction
- Total Square Feet Living: 6794
- Year Built: 1899
- Above Grade Finished Area: 6794
- Building Exterior Type: Brick
- Property Age: 127
- Levels or Stories: 2
- House Style: Two Story
- Total Area Sqft: 6794
- Architectural Style: Victorian
Amenities and Community Features
- Ceiling-9+
Location
Lat 37.96453 · Lng -87.56803