401-403 S Lincoln Park Drive Evansville, IN $ 329,000
401-403 S Lincoln Park Drive
$ 329,000
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401-403 S Lincoln Park Drive

Evansville, IN, 47714
$ 329,000
Bedrooms4 Baths2.0 Sq 2,764

Monthly Estimate*

$ 2,026

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Multi-Family Home for sale in Evansville, IN

for $329,000 with 4 bedrooms and 2 full baths. This 2,764 square foot home was built in 1937.

This two-story brick duplex features two 2 bed, 1 bath units with identical floorplans, offering a clean and cohesive layout on both the main and upper levels. Each unit welcomes you with a spacious living room highlighted by charming archway detailing that flows into a formal dining room and continues into the kitchen. The main floor unit includes a cozy wood-burning fireplace, while both units showcase 9ft+ ceilings that enhance the open feel. Each unit offers two comfortable bedrooms and a full bath with original penny tile flooring. Both units feature in-unit laundry, with a shared unfinished basement offering additional storage space. Outside, the main level unit enjoys a covered front porch and access to an attached 3-car garage, while the upper unit features a private balcony and street parking. 2025 updates include new HVAC systems, doors, windows, drains, plumbing fixtures, and gutters, along with updated electrical and kitchens, two bathroom remodels, fresh paint, and more! Conveniently located near the University of Evansville, shops, and local dining, this property provides a fantastic investment opportunity!

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Multi-Family Active

Price

$ 329,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 4,599

Style

Duplex

Year Built

1937

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202611256

Features
General
Heating Forced Air
Cooling Central Air
Sewer Public
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1937
New Construction No
Tenant Pays Cooling Electric Fuel Heating Deposit Value
Subdivision Walnut Terrace
Style Two Story
Stories Count 2
Township Knight
Class INVESTMENT
Type Duplex
Age 89
Net Income 23526.98
Rent Income 31200
Features Ceiling Fan Balcony Ceiling-9+ Countertops-Laminate Eat-In Kitchen Landscaped Open Floor Plan Porch Covered
REO No
Status Detail 0
Area Vanderburgh County
High School Bosse
City Evansville
School District Evansville-Vanderburgh School Co
Total Sq Ft 3455
Elementary School Harper
Middle School Washington
Legal Description WALNUT TERRACE L 16
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202611256
Agent First Name Trae
Agent Last Name Dauby
DOM 1
Tax Year 2026
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Interior
Basement Crawl Partial Basement Unfinished
Flooring Finished Laminate Wood Tile
Beds 4
Total Number of Units 2
Microwaves 2
Refrigerators 2
Washers 1
Dryer(s) 1
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 4
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 1
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Exterior
Exterior Brick
Driveway Concrete
Pool No
Number of Parking Spaces 5
Lot Size Area 6490
Lot Dimensions 55X118
Lot Description Corner Level 0-2.9999
Fence None
Outbuilding Shed
Waterfront Y/N No
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* Excluded Features
List By
Trae Dauby

Listing Agent

Dauby Real Estate

Broker

trae@daubyrealestate.com

Email

Affordability Calculator

$2,409
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,026
Monthly Property Taxes
$383
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1236839 Elementary School
1236004 Middle School
Bosse High School High School
Pricing History
DatePricePrice ChangeDescription
4/2/2026$329,000 Listed Price

Map


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401-403 S Lincoln Park Drive, Evansville, IN, 47714 is a Multi-Family Home for sale at $329,000 with 2,764 sqft. 401-403 S Lincoln Park Drive has 4 bedrooms, 2.0 baths, and was built in 1937. The property's zip code is 47714 which is in Evansville, IN