Listing courtesy of KELLER WILLIAMS CAPITAL REALTY · Listing agent: Erica Berendsen · Cell: 812-774-2596
507 S Evans Avenue
Evansville, IN 47713
Original price $105,000 · Price reduced on August 27, 2026
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 1,504 sq ft
- Lot
- 0.08 ac
- Year built
- 1904
- Type
- Duplex
- Listed
- June 14, 2026
- MLS #
- 202623344
About this home
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 payment estimate
$729/mo
- Principal & interest
- $561
- Property taxes
- $138
- Homeowners insurance
- $30
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
- Insurance: estimated at 0.35% of the price per year.
- An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Get pre-approved
Know your real budget before you tour, and make a stronger offer. We'll connect you with a local lender.
Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 1,504 sq ft
- Finished area above grade
- 1,504 sq ft
- Bedrooms above grade
- 2
- Basement
- Crawl Space
- Flooring
- Vinyl
- Heating
- Conventional
- Cooling
- Central Air
- Amenities
- Off Street Parking
Exterior & parking
- Construction
- Aluminum Siding
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.08 ac
- Lot dimensions
- 141x25
- County
- Vanderburgh County
- Township
- Pigeon
- Platted
- Yes
- Planned unit development
- No
- Directions
- North on Hwy 41 to West on Lincoln ave, to North on Evans to duplex on Left
Schools
- Elementary school
- Hebron
- Middle school
- Plaza Park
- High school
- William Henry Harrison
- School district
- Evansville-Vanderburgh School Corp.
Taxes & terms
- Annual taxes
- $1,655
- Tax year
- 2026
- Possession
- Tenant Occupied
- Parcel number
- 82-06-29-024-042.016-029
Included in the sale
- Included in sale
- Building
Utilities
- Water
- Public
- Sewer
- Public Sewer
Income & commercial
- Units
- 2
- Annual gross rent
- $19,080
- Net operating income
- $17,425
- Lease term
- 12 Months
- Parking spaces
- 2
- Pets allowed
- Yes
- Tenant pays
- Fuel, Lawn Care, Trash Collection, Water
Location
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