Listing courtesy of KELLER WILLIAMS CAPITAL REALTY · Listing agent: Stacey Carpenter · cell: 812-453-2096

Virtual tour
PendingDuplex

504 506 Adams Avenue

$118,000

$46.42 / sq ft

Evansville, IN 47713

Original price $120,000 · Price reduced on August 23, 2026

  • Basement
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Bedrooms
6
Bathrooms
2
Living area
2,542 sq ft
Lot
0.13 ac
Year built
1894
Type
Duplex
Listed
July 13, 2026
MLS #
202627973

About this home

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.

Property details

Interior

Levels
Two
Stories
2
Total area
3,152 sq ft
Finished area above grade
2,542 sq ft
Unfinished area below grade
610 sq ft
Below grade total
610 sq ft
Bedrooms above grade
6
Basement
Partial
Flooring
Carpet, Vinyl
Heating
Conventional
Cooling
Central Air
Amenities
Water Heater Electric

Exterior & parking

Construction
Vinyl Siding
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Irregular Lot
Lot size (acres)
0.13 ac
Lot dimensions
52X110
County
Vanderburgh County
Township
Pigeon
Platted
Yes
Planned unit development
No
Directions
From Evansville's west side, take the Main St. exit. Turn right on S Governor. Turn left on Adams Ave. Home will be on the left.

Schools

Elementary school
Glenwood
Middle school
Glenwood
High school
Bosse
School district
Evansville-Vanderburgh School Corp.

Taxes & terms

Annual taxes
$1,942
Tax year
2026
Possession
Tenant Occupied
Parcel number
82-06-32-022-008.020-029

Included in the sale

Included in sale
Lease

Utilities

Water
Public
Sewer
Public Sewer

Income & commercial

Units
2
Annual gross rent
$10,500
Net operating income
$8,558
Lease term
12 Months
Parking spaces
2
Pets allowed
No
Tenant pays
Electricity, Water
Electric meters
2
Water meters
1

Location

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