Listing courtesy of Berkshire Hathaway HomeServices Indiana Realty · Listing agent: Philip Hooper · Cell: 812-618-5000
702-704 SE Second Street
Evansville, IN 47713
Original price $585,000 · Price reduced on June 3, 2026
- Basement
- Bedrooms
- 9
- Bathrooms
- 6
- Living area
- 6,794 sq ft
- Lot
- 0.24 ac
- Year built
- 1899
- Type
- Other
- Listed
- August 14, 2025
- MLS #
- 202532171
About this home
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.
Monthly payment estimate
$3,595/mo
- Principal & interest
- $3,109
- Property taxes
- $320
- Homeowners insurance
- $166
- Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
- Taxes: the seller's 2025 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.
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Property details
Interior
- Levels
- Two
- Stories
- 2
- Total area
- 6,794 sq ft
- Finished area above grade
- 6,794 sq ft
- Bedrooms above grade
- 9
- Basement
- Partial
- Flooring
- Mixed, Wood
- Heating
- Forced Air
- Cooling
- Central Air
- Amenities
- Ceiling-9+
Exterior & parking
- Style
- Victorian
- Construction
- Brick
- Foundation
- Brick/Mortar
- Parking
- Concrete
- Private pool
- No
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot features
- Level
- Lot size (acres)
- 0.24 ac
- Lot dimensions
- 71 x 149
- County
- Vanderburgh County
- Township
- Pigeon
- Platted
- Yes
- Planned unit development
- No
- Directions
- Downtown to 2nd St
Schools
- Elementary school
- West Terrace
- Middle school
- Perry Heights
- High school
- Francis Joseph Reitz
- School district
- Evansville-Vanderburgh School Corp.
Taxes & terms
- Annual taxes
- $3,838
- Tax year
- 2025
- Listing terms
- Cash, Conventional
- Possession
- Immediate
- Parcel number
- 82-06-30-020-086.008-029
Included in the sale
- Included in sale
- Building,Land,Lease
Utilities
- Water
- Public
- Sewer
- Public Sewer
Income & commercial
- Units
- 6
- Buildings
- 2
- Annual gross rent
- $71,040
- Net operating income
- $67,202
- Lease term
- 12 Months
- Parking spaces
- 3
- Pets allowed
- Yes
- Tenant pays
- Cooling, Heat
Location
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- 10 beds
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