About This Home

This 2-bedroom, 2-bathroom multi-family at 507 S Evans Avenue in Evansville, IN is listed for $102,500 ($68 per sqft). Built in 1904, the home offers 1,504 sqft of living space on a 0.08 acres lot.

Key Features

  • Built in 1904
  • 0.08 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
1904

Amenities

A/C
Listing 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.

Monthly Cost Estimate

$548/mo

20% down · 6.5% · 30 years

Principal$74
Interest$444
Insurance$30

Estimates only. Actual payments may vary.

Location

507 S Evans Avenue

Evansville, IN 47713

Property Details

Flooring

Vinyl

Cooling

Central Air

Questions & Answers

This 2-bedroom, 2-bathroom multi-family at 507 S Evans Avenue is listed at $102,500 ($68/sqft). The estimated monthly payment is $548 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1904, 0.08 acre lot, 2 stories, 2 parking spaces.

This property is listed by Erica Berendsen.

EB

Erica Berendsen

Agent at Keller Williams Capital Realty

Listed by Keller Williams Capital Realty · Broker phone: (812) 422-4096 · Broker website

MLS# 202623344· Source: Southwest Indiana Association of Realtors· 136 days on PropertySimple

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

507 S Evans Avenue, Evansville, IN 47713

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