Evansville, Indiana is a surprising hidden gem for real estate investment. The city offers a number of reasons why it can set investors up for success. First, Evansville has a stable and growing economy. Its job market is anchored by healthcare and manufacturing sectors, so unemployment rates stay low.
Secondly, Evansville itself is a very affordable place to live. This affordability creates a wider pool of potential tenants, allowing investors to find qualified renters more easily and keep vacancy rates low. Good neighborhoods such as McCutchanville, with its suburban feel and highly-rated schools, and Downtown Evansville, which is experiencing a renaissance with new developments and revitalized historic buildings, offer attractive options for potential homeowners and renters.
Finally, Evansville enjoys a thriving community atmosphere. The city has a rich cultural scene with museums, art galleries, and a developing entertainment district. There's also a strong focus on outdoor recreation with parks, trails, and access to the Ohio River. This creates a desirable living environment that attracts residents and keeps them wanting to stay, solidifying real estate investment potential.
Popular Streets in Evansville, Indiana
Bellemeade Ave42031$189,1272,581 Sq.Ft.6/10/2025Columbia St43521$128,8964,932 Sq.Ft.6/7/2025Franklin St59821$136,5753,728 Sq.Ft.5/20/2025Green River Rd52332$276,9789,495 Sq.Ft.5/14/2025Illinois St43621$120,9322,130 Sq.Ft.5/15/2025Maryland St56721$126,0503,195 Sq.Ft.5/28/2025Riverside Dr61731$161,0062,385 Sq.Ft.6/10/2025Saint Joseph Ave46032$227,1833,706 Sq.Ft.5/16/2025Virginia St64731$132,2293,497 Sq.Ft.6/6/2025Washington Ave63132$200,7194,993 Sq.Ft.5/29/2025All Streets in Evansville, Indiana
1 Brewick Dr132$352,0002,352 Sq.Ft.N/A1st Ave28931$142,3769,356 Sq.Ft.5/14/20251st St14933$360,7058,326 Sq.Ft.1/10/20251st St At South 3rd Ave1N/AN/AN/AN/AN/A2nd Ave11121$109,9391,501 Sq.Ft.1/7/20252nd St11043$309,5718,488 Sq.Ft.4/9/20252 Raewick Dr122$343,0001,962 Sq.Ft.N/A3rd Ave17031$136,1184,959 Sq.Ft.4/29/20253rd St8032$283,65914,399 Sq.Ft.5/19/20254th Ave19831$122,8871,560 Sq.Ft.4/29/20254th St3332$221,00034,085 Sq.Ft.5/2/20255th Ave11421$83,3601,956 Sq.Ft.5/9/20255th St832$197,00051,838 Sq.Ft.12/18/20246th Ave5231$100,83913,271 Sq.Ft.11/20/20246th St4832$194,28610,096 Sq.Ft.3/26/20247th Ave2421$105,5009,594 Sq.Ft.5/29/20258th St4632$154,8285,364 Sq.Ft.3/7/20259th Ave2421$105,27311,386 Sq.Ft.9/18/20249th St5N/A3$101,00013,228 Sq.Ft.7/26/202310th Ave3831$118,3331,347 Sq.Ft.3/6/202510th St731$101,00011,377 Sq.Ft.12/30/201911 Fifth St1N/AN/AN/A11,240 Sq.Ft.1/26/201811th Ave4131$156,3954,471 Sq.Ft.6/11/202511th St1N/AN/AN/A4,500 Sq.Ft.2/6/201712th Ave6521$137,391987 Sq.Ft.4/10/202515 Sixth St1N/AN/AN/A24,556 Sq.Ft.N/A16 Sixth St1N/AN/AN/A11,448 Sq.Ft.N/A20 Hogans Aly1N/AN/AN/AN/AN/A27 Sixth St1N/AN/AN/AN/A7/9/201029 Fifth St1N/AN/AN/AN/A1/26/201841 N Hwy4N/AN/AN/A22,905 Sq.Ft.2/8/2019105 Fourth St1N/AN/AN/A16,810 Sq.Ft.5/6/2016108 N First Ave121N/A4,884 Sq.Ft.12/17/2021109 Riverside Dr1N/AN/AN/A1,250 Sq.Ft.N/A115 N Second Ave1N/AN/A$187,000N/A12/21/2021115 N Third Ave1N/AN/AN/AN/A9/19/2024116 Sixth St1N/AN/AN/AN/AN/A117 Fifth St1N/AN/AN/A227,626 Sq.Ft.N/A117 Fourth St111N/A10,160 Sq.Ft.N/A117 Second St1N/AN/AN/AN/AN/A119 N Third Ave1N/AN/AN/A7,710 Sq.Ft.N/A119 S Green River Rd1N/AN/AN/A6,600 Sq.Ft.N/A122 Fourth St1N/AN/AN/AN/AN/A127 Fifth St1N/AN/AN/AN/AN/A127 Third St1N/AN/AN/AN/AN/A202 N Third Ave1N/AN/AN/A6,952 Sq.Ft.N/A204 N Ninth Ave1N/AN/AN/A11,382 Sq.Ft.3/10/2016205 N Third Ave1N/AN/AN/A4,490 Sq.Ft.10/18/2022206 N Third Ave1N/AN/AN/A2,166 Sq.Ft.N/A207 First St1N/AN/AN/A18,360 Sq.Ft.9/13/2021208 Fourth St1N/AN/AN/A28,142 Sq.Ft.N/A212 N Fourth Ave1N/AN/AN/AN/A10/10/2024214 Eighth St1N/AN/AN/A25,414 Sq.Ft.N/A215 Ninth St1N/AN/AN/A600 Sq.Ft.11/9/2017215 Twelfth Ave138$304,0006,242 Sq.Ft.3/11/2022216 N Second Ave1N/AN/AN/AN/AN/A220 Nw Ninth St1N/AN/AN/AN/AN/A224 Tenth St1N/AN/AN/AN/AN/A225 N First Ave1N/AN/AN/A223,202 Sq.Ft.3/31/2010254 Canal St1N/AN/AN/AN/A12/20/2019312 N Fifth Ave1N/AN/AN/A13,468 Sq.Ft.N/A312 N Ninth Ave122$191,0002,250 Sq.Ft.N/A315 N First Ave1N/AN/AN/A12,000 Sq.Ft.N/A317 N Third Ave1N/AN/A$399,000N/A10/14/2022319 West Tennessee St1N/AN/AN/AN/A10/13/2008320 Third St1N/AN/AN/AN/AN/A409 Third St142$265,0001,836 Sq.Ft.N/A412 N Third Ave1N/AN/AN/A5,933 Sq.Ft.9/1/2022412 Se 8th St1N/AN/AN/A21,930 Sq.Ft.N/A417 N Fourth Ave1N/AN/A$139,000N/A10/19/2022435 Morton Ave1N/AN/AN/A3,400 Sq.Ft.11/19/2021506 Fourth St1N/AN/AN/A6,459 Sq.Ft.2/21/2014510 N Second Ave1N/AN/AN/A88,112 Sq.Ft.N/A516 Nw Fourth St1N/AN/AN/AN/A2/21/2014518 N Ninth Ave1N/AN/AN/AN/AN/A519 N Eleventh Ave1N/AN/AN/AN/AN/A519 N Sixth Ave1N/AN/A$201,000N/AN/A520 N Fourth Ave132$101,0001,296 Sq.Ft.9/7/2018521 S Green River Rd131N/A972 Sq.Ft.N/A603 Sixth St1N/AN/AN/AN/AN/A604 N Fifth Ave122$150,0002,350 Sq.Ft.N/A608 N Fourth Ave131$136,0001,200 Sq.Ft.9/6/2018611 Read St1N/AN/AN/A15,926 Sq.Ft.N/A617 Read St1N/AN/AN/AN/AN/A620 N Second Ave1N/AN/AN/AN/AN/A623 Second St154$688,0007,571 Sq.Ft.N/A628 Canal St1N/AN/AN/AN/AN/A705 N Eleventh Ave123$127,0002,562 Sq.Ft.N/A707 N Fourth Ave122$115,0002,540 Sq.Ft.4/22/2024710 N Twelfth Ave131N/A1,124 Sq.Ft.5/17/2021718 N Fifth Ave1N/AN/AN/A4,000 Sq.Ft.12/21/2016720 Eighth St1N/AN/AN/A3,000 Sq.Ft.7/27/2017720 N Third Ave1N/AN/AN/A5,495 Sq.Ft.11/20/2017722 N Seventh Ave1N/AN/AN/AN/AN/A729 S Green River Rd1N/AN/AN/A5,904 Sq.Ft.N/A759 Lincoln Ave1N/AN/A$116,000N/A6/13/2019807 N Fourth Ave142$157,0002,326 Sq.Ft.3/19/2025810 Second St1N/AN/A$159,000N/AN/A811 N Third Ave1N/AN/AN/AN/AN/A817 Second St145$332,0005,226 Sq.Ft.N/A370 W Elm StElberfeld, IN 47613
Estimated Value $203,000
Living Area 1,976 SqFt
Beds 3
Baths 1.5
Year Built 1913
Property Type Single Family
Ownership Type Related
APN 87-04-19-204-167.000-008
Subdivision Original Plat Of The Town Of Elberfeld
School District Warrick County School Corporation
325 Shady LnElberfeld, IN 47613
Estimated Value $201,000
Living Area 975 SqFt
Beds 3
Baths 1
Year Built 1964
Property Type Single Family
Ownership Type Related
APN 87-04-19-200-036.000-008
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
275 W Mulberry StElberfeld, IN 47613
Estimated Value $199,000
Living Area 1,616 SqFt
Beds 3
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 87-04-19-203-113.000-008
Subdivision Elberfeld
School District Warrick County School Corporation
11799 Nobles Chapel RdElberfeld, IN 47613
Estimated Value $299,000
Living Area 1,320 SqFt
Beds 3
Baths 2
Year Built 1975
Property Type Single Family
Ownership Type Individual
APN 87-04-18-100-050.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
150 N 5th StElberfeld, IN 47613
Estimated Value $179,000
Living Area 1,792 SqFt
Beds 2
Baths 1
Year Built 1946
Property Type Single Family
Ownership Type Related
APN 87-04-19-204-228.000-008
Subdivision Elberfeld
School District Warrick County School Corporation
540 Brown StElberfeld, IN 47613
Estimated Value $238,000
Living Area 1,350 SqFt
Beds 3
Baths 1.5
Year Built 1979
Property Type Single Family
Ownership Type Related
APN 87-04-18-402-011.000-008
Subdivision Brownwood Acres 2 Sec A
School District Warrick County School Corporation
190 S 2nd StElberfeld, IN 47613
Estimated Value $151,000
Living Area 1,079 SqFt
Beds 2
Baths 1
Year Built 1890
Property Type Single Family
Ownership Type Related
APN 87-04-19-203-261.000-008
Subdivision Elberfeld
School District Warrick County School Corporation
170 Elm StElberfeld, IN 47613
Estimated Value $245,000
Living Area 2,210 SqFt
Beds 3
Baths 2
Year Built 1890
Property Type Single Family
Ownership Type Individual
APN 87-04-19-201-078.000-008
Subdivision Elberfeld
School District Warrick County School Corporation
210 E Walnut StElberfeld, IN 47613
Estimated Value $195,000
Living Area 2,022 SqFt
Beds 3
Baths 2
Year Built 1970
Property Type Single Family
Ownership Type Multiple
APN 87-04-20-103-005.000-008
Subdivision Smiths Third Addition
School District Warrick County School Corporation
8133 Saint Johns RdElberfeld, IN 47613
Estimated Value $254,000
Living Area 2,032 SqFt
Beds 3
Baths 2
Year Built 1956
Property Type Single Family
Ownership Type Individual
APN 87-04-19-400-219.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
8733 Hebbler CtElberfeld, IN 47613
Estimated Value $430,000
Living Area 3,055 SqFt
Beds 3
Baths 2.5
Year Built 2001
Property Type Single Family
Ownership Type Related
APN 87-04-20-102-009.000-007
Subdivision Hornet Hill
School District Warrick County School Corporation
335 Southlane DrElberfeld, IN 47613
Estimated Value $165,000
Living Area 1,036 SqFt
Beds 3
Baths 1
Year Built 1976
Property Type Single Family
Ownership Type Related
APN 87-04-20-303-055.000-007
Subdivision Southlane Subdivision
School District Warrick County School Corporation
110 N Illinois StElberfeld, IN 47613
Estimated Value $244,000
Living Area 1,616 SqFt
Beds 3
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Individual
APN 87-04-20-106-017.000-008
Subdivision H Busing Addition
School District Warrick County School Corporation
9166 Kost RdElberfeld, IN 47613
Estimated Value $301,000
Living Area 1,288 SqFt
Beds 3
Baths 2.5
Year Built 1970
Property Type Rural Residence
Ownership Type Related
APN 87-04-17-401-002.000-007
Subdivision Kost Sub
School District Warrick County School Corporation
10399 S State Road 57Elberfeld, IN 47613
Estimated Value $319,000
Living Area 2,382 SqFt
Beds 2
Baths 1
Year Built 1902
Property Type Rural Residence
Ownership Type Related
APN 26-20-31-400-000.175-001
Municipality BARTON TOWNSHIP
School District East Gibson School Corporation
10566 State Route 57Elberfeld, IN 47613
Estimated Value $268,000
Living Area 1,664 SqFt
Beds 3
Baths 2
Year Built 2016
Property Type Single Family
Ownership Type Related
APN 87-04-07-100-121.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation