507 S Evans Ave, Evansville, IN 47713
FOR SALE

$102,500

  • 2 Beds
  • 2 Baths
  • 1,504 sqft

507 S Evans Ave, Evansville, IN 47713

Old Erie
Est. Mortgage $703/mo*
Get Pre-Qualified

Home Highlights

Multi-Family
Built in 1904
2 Parking Spaces

Local Information

  • Map ViewExplore the area around 507 S Evans Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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.
Last check for updates: about 4 hours ago
Listing courtesy of Erica Berendsen, (812) 774-2596
KELLER WILLIAMS CAPITAL REALTY
Source: IRMLS, MLS#202623344
Also Listed on IRMLS.

Home Details for 507 S Evans Ave

Interior Features

Interior Details
Basement: Crawl Space
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1504 Square Feet
Heating & Cooling
Heating: ConventionalHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Conventional
Windows, Doors, Floors & Walls
Flooring: Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Vinyl

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Parking Spaces: 2Parking: Off Street Parking
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1504 Square Feet

Days on Market

Days on Market: 103

Property Information

Year Built
Year Built: 1904
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Duplex
Building
Construction Materials: Aluminum SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Included in Sale: BuildingParcel Number: 820629024042.016029

Price & Status

Price
List Price: $102,500

Active Status

MLS Status: Active

Location

Direction & Address
City: EvansvilleCommunity: None
School Information
Elementary School: HebronElementary School District: Evansville-Vanderburgh School Corp.Jr High / Middle School: Plaza ParkJr High / Middle School District: Evansville-Vanderburgh School Corp.High School: William Henry HarrisonHigh School District: Evansville-Vanderburgh School Corp.

Agent Information

Listing Agent
Listing ID: 202623344

Building

Building Area
Building Area: 1504 Square Feet

Lot Information

Lot Area: 3484.8 sqft

Business

Expense
Tenant Pays: Fuel, Grounds Care, Trash Collection, Water

Rental Terms, Policies & Fees

Owner Pays: Insurance

Miscellaneous

Mls Number: 202623344Attribution Contact: Cell: 812-774-2596Above Grade Unfinished Area: 1504

Around this home

Neighborhood Overview

Old Erie
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Old Erie

  • K June Sanderfur
    "On the bus line easily accessible to public transportation and walking distance to many areas downtown "
    1
    Flag
  • K J. S.
    "i am not an animal lover so i would not know. there are no areas that are pet friendly in my opinion."
    0
    Flag
  • dallasstephens62
    "This is a very friendly area, with church, parks, schools, and close to downtown. Public transportation and stores nearby. Plenty of street parking available with a neighborhood awareness that is climbing to make this area the up and coming place to live."
    0
    Flag

Market trends in Evansville

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$221K
$5.27KMoM
Sale-to-List Price
100.0%
0.2%MoM
Price per sq ft
$146
$2MoM
Available listings
726
19MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
758-760 S Evans Ave, Evansville, IN
0.31
Multi-Family Home
$115,000
12/26/25
3
2
1,992
516 S Bedford Ave, Evansville, IN
0.16
Multi-Family Home
$71,000
12/02/25
4
2
2,578
1106 Madison Ave #A & B, Evansville, IN
0.87
Multi-Family Home
$112,000
06/30/26
2
2
1,376
1211 S Grand Ave, Evansville, IN
0.83
Multi-Family Home
$72,500
05/05/26
2
2
1,910
515 Washington Ave, Evansville, IN
0.66
Multi-Family Home
$125,000
06/04/26
5
2
1,460
802-804 E Powell Ave, Evansville, IN
0.47
Multi-Family Home
$27,000
12/19/25
4
2
2,304
314 Jefferson Ave, Evansville, IN
0.81
Multi-Family Home
$170,000
01/07/26
3
2
2,196
420 E Michigan St, Evansville, IN
0.72
Multi-Family Home
$45,000
02/09/26
3
2
1,947
913 Washington Ave, Evansville, IN
0.65
Multi-Family Home
$60,000
11/26/25
4
2
2,630

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
433 S Evans Ave, Evansville, IN 47713
0.06
$39,900
2
1
882
For Sale
504 S Linwood Ave, Evansville, IN 47713
0.04
$132,400
3
1
1,064
Off Market
424 S Linwood Ave, Evansville, IN 47713
0.09
$155,000
3
2
990
Recently Sold
433 S Denby Ave, Evansville, IN 47713
0.09
-
2
2
945
Off Market
513 S Denby Ave, Evansville, IN 47713
0.07
$54,000
4
1
1,096
Recently Sold
419 S Denby Ave, Evansville, IN 47713
0.11
$187,700
3
2
1,210
Off Market
426 S Morton Ave, Evansville, IN 47713
0.12
$138,200
3
1
1,064
Off Market
440 S Denby Ave, Evansville, IN 47713
0.10
$79,600
3
1.5
1,168
Off Market
418 S Denby Ave, Evansville, IN 47713
0.13
$194,000
3
2
1,210
Off Market
412 S Denby Ave, Evansville, IN 47713
0.14
$184,400
3
2
1,888
Off Market
410 S Denby Ave, Evansville, IN 47713
0.14
$127,500
2
1
900
Recently Sold

Price and Tax history

DateEventPrice
Aug 28, 2026
Source: IRMLS #202623344
Listed For Sale
$102,500
Oct 4, 2024
Source: IRMLS #202412266
Sold
$103,000
Jun 13, 2024
Source: IRMLS #202412266
PendingToActive
$105,000
May 25, 2024
Source: IRMLS #202412266
Pending
$105,000
Apr 12, 2024
Source: IRMLS #202412266
Listed For Sale
$105,000

LGBTQ Local Legal Protections

Erica Berendsen, KELLER WILLIAMS CAPITAL REALTY
Agent Phone: (812) 774-2596
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Frequently asked questions about 507 S Evans Ave

  • What is the estimated monthly payment for 507 S Evans Ave?
    Based on a $102,500 list price with 20% down at today's rates, the estimated monthly payment for 507 S Evans Ave in Evansville, IN is approximately $711 (about $574 principal & interest, $62 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 507 S Evans Ave compare to homes in Evansville?
    507 S Evans Ave in Evansville, IN is listed at $102,500, about 54% below the $221K median sale price in Evansville.
  • What are the closest schools to 507 S Evans Ave?
    The closest schools to 507 S Evans Ave in Evansville, IN are Hebron Elementary School (Pre-K, rated 4/10), Plaza Park International Prep Academy (Middle, rated 5/10), William Henry Harrison High School (rated 5/10).
  • Does 507 S Evans Ave have air conditioning?
    Yes, 507 S Evans Ave in Evansville, IN has air conditioning.
  • Does 507 S Evans Ave have parking?
    Yes, 507 S Evans Ave in Evansville, IN has on-site parking.
507 S Evans Ave, Evansville, IN 47713 is a 2 bedroom, 2 bathroom, 1,504 sqft multi-family built in 1904. 507 S Evans Ave is located in Old Erie, Evansville. This property is currently available for sale and was listed by IRMLS on Jun 14, 2026. The MLS # for this home is MLS# 202623344.