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309 E Virginia Street Evansville, IN $ 124,900
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309 E Virginia Street
$ 124,900
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309 E Virginia Street

Evansville, IN, 47712
$ 124,900
Bedrooms2 Baths2.0 Sq 1,792

Monthly Estimate*

$ 789

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Multi-Family Home for sale in Evansville, IN

for $124,900 with 2 bedrooms and 2 full baths. This 1,792 square foot home was built in 1869.

Income-Producing Duplex Great Investment Opportunity! Each unit is 1 bed 1 bath. Don't miss this mostly updated duplex offering immediate income potential! One unit is currently occupied, while the second unit is vacant and ready for a new tenant or owner-occupant. The vacant downstairs unit previously rented for $850 per month and is currently being marketed at $795 per month to lease quickly. Major mechanical updates provide peace of mind, with the A/C units, furnaces, water heaters, and several windows all replaced within the last two years. The lower unit also features the added convenience of basement access, offering additional storage space. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers excellent value and strong cash-flow potential.

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Multi-Family Active

Price

$ 124,900

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 861

Style

Shotgun

Year Built

1869

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202629547
Features
General
Heating Forced Air
Cooling Window
Sewer City
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1869
Parking Off Street
New Construction No
Tenant Pays Electric Fuel Heating
Subdivision None
Style One and Half Story
Stories Count 2
Township Pigeon
Class INVESTMENT
Type Duplex
Age 157
Net Income 16778.3
Rent Income 18840
Features Eat-In Kitchen
REO No
Status Detail 0
Area Vanderburgh County
Location City/Town/Suburb
High School North
City Evansville
School District Evansville-Vanderburgh School Co
Energy Efficient Windows
Architectural Style Shotgun
Total Sq Ft 2048
Elementary School Lincoln
Middle School North
Legal Description HEIDELBACH & ELSAS ENL L 5 BL 26
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202629547
Agent First Name Jeremy
Agent Last Name Outlaw
DOM 1
Tax Year 861.70
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Interior
Basement Crawl Partial Basement
Flooring Vinyl
Beds 2
Total Number of Units 2
Microwaves 0
Refrigerators 1
Washers 0
Dryer(s) 0
Dishwasher(s) 0
Disposal(s) 0
Above Grade Bedrooms 2
Below Grade Baths 0
Below Grade Bedrooms 0
Total Rooms Below Grade 0
Ranges/Ovens 2
W/D Hookups 0
Basement Material Brick
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Exterior
Exterior Vinyl
Driveway None
Pool No
Number of Parking Spaces 4
Lot Size Area 3485
Lot Dimensions 25X137
Lot Description Level
Water Meters 1
Electric Meters 2
Outbuilding None
Water Features None
Gas Meters 2
Waterfront Y/N No
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* Excluded Features
List By
Jeremy Outlaw

Listing Agent

Catanese Real Estate

Broker

calltheoutlaw@gmail.com

Email

Affordability Calculator

$860
Per Month
92%
8%
0%
Monthly Principal & Interest
$789
Monthly Property Taxes
$72
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
1236052 Elementary School
1237185 Middle School
North High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/22/2026$124,900 Listed Price

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309 E Virginia Street, Evansville, IN, 47712 is a Multi-Family Home for sale at $124,900 with 1,792 sqft. 309 E Virginia Street has 2 bedrooms, 2.0 baths, and was built in 1869. The property's zip code is 47712 which is in Evansville, IN

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