2516 2518 Adams Avenue Evansville, IN ^$ 150,000

2516 2518 Adams Avenue

^$ 150,000

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2516 2518 Adams Avenue

Evansville, IN, 47714

^$ 150,000

Bedrooms4 Baths2.0 Sq 2,232

Monthly Estimate*

^$ 947

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Multi-Family Home for sale in Evansville, IN

for $150,000 with 4 bedrooms and 2 full baths. This 2,232 square foot home was built in 1943.

Brick 2-story duplex on the east side of Evansville. Tenants pay utilities. Currently one unit is rented for $825/mo leased month-to-month. The second unit is currently rented for $770/mo through Jan 31, 2027. This property is professionally managed.

Multi-Family Active

Price

^$ 150,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 1,074

Style

Duplex

Year Built

1943

Town/City

Evansville

County/Region

Vanderburgh

MLS | Web ID

202634989

Features

General

Heating Forced Air

Cooling Central Air

Water Access Type None

Sewer City

Status Active Active

Full Baths 2

Half Baths 0

Bathrooms 2

Year Built 1943

New Construction No

Tenant Pays Cable Cooling Deposit Value Electric Heating Sewer Trash Collection Water

Subdivision East Wood / Eastwood

Style Two Story

Stories Count 2

Township Knight

Class INVESTMENT

Type Duplex

Age 83

Net Income 18058.2

Rent Income 19132.2

Features Countertops-Solid Surf

Inside City Limits Yes

REO No

Status Detail 0

Area Vanderburgh County

Location City/Town/Suburb

High School Bosse

City Evansville

School District Evansville-Vanderburgh School Co

Total Sq Ft 2790

Elementary School Dexter

Middle School Washington

Legal Description CITY KNIGHT-8 EASTWOOD SUB SEC B 14 BL D

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202634989

Agent First Name Kimberly

Agent Last Name Clark

DOM 1

Tax Year 2026

Interior

Basement Full Basement

Flooring Mixed

Beds 4

Total Number of Units 2

Microwaves 0

Refrigerators 0

Washers 0

Dryer(s) 0

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 0

W/D Hookups 0

Exterior

Exterior Brick

Pool No

Number of Parking Spaces 4

Waterfront None

Lot Size Area 8120

Lot Dimensions 56X145

Lot Description 0-2.9999

Water Meters 2

Electric Meters 2

Outbuilding None

Water Features None

Gas Meters 2

Waterfront Y/N No

* Excluded Features

List By

Kimberly Clark

Listing Agent

Exp Realty, Llc

Broker

kim@kclarksells.com

Affordability Calculator

$1,037

Per Month

Monthly Principal & Interest: $947
Monthly Property Taxes: $90
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Multi-family listings in Evansville, IN

Average List Price ^$194,058

Percent of Sale Price 29%

About Evansville, IN

121,712 Population

-1% Since 2002

^$37,486 Median Income

37.64 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1236633 Elementary School

1236004 Middle School

Bosse High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/26/2026	$150,000		Listed Price

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2516 2518 Adams Avenue, Evansville, IN, 47714 is a Multi-Family Home for sale at $150,000 with 2,232 sqft. 2516 2518 Adams Avenue has 4 bedrooms, 2.0 baths, and was built in 1943. The property's zip code is 47714 which is in Evansville, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/27/2026.

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2516 2518 Adams Avenue

Multi-Family Home for sale in Evansville, IN

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