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.5/16/2025Columbia St43521$128,8964,932 Sq.Ft.6/2/2025Franklin 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.4/24/2025Saint Joseph Ave46032$227,1833,706 Sq.Ft.5/16/2025Virginia St64731$132,2293,497 Sq.Ft.5/22/2025Washington 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.4/16/20255th 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.12/31/20208th 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.2/6/202511th 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/A375 W Mulberry StElberfeld, IN 47613
Estimated Value $162,000
Living Area 690 SqFt
Beds 2
Baths 1
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 87-04-19-203-160.000-008
Subdivision Elberfeld
School District Warrick County School Corporation
70 Ohio StElberfeld, IN 47613
Estimated Value $158,000
Living Area 925 SqFt
Beds 3
Baths 1
Year Built 1967
Property Type Single Family
Ownership Type Individual
APN 87-04-20-103-010.000-008
Subdivision Smiths Third Addition
School District Warrick County School Corporation
710 Greenfield CtElberfeld, IN 47613
Estimated Value $152,000
Living Area 1,008 SqFt
Beds 3
Baths 1
Year Built 1975
Property Type Single Family
Ownership Type Multiple
APN 87-04-20-302-033.000-007
Subdivision Southlane Subdivision
School District Warrick County School Corporation
11111 W Seven Hills RdElberfeld, IN 47613
Estimated Value $194,000
Living Area 1,352 SqFt
Beds 3
Baths 1.5
Year Built 1995
Property Type Manufactured Homes
Ownership Type Multiple
APN 87-04-30-400-015.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
110 Southlane DrElberfeld, IN 47613
Estimated Value $204,000
Living Area 1,800 SqFt
Beds 3
Baths 1
Year Built 1973
Property Type Single Family
Ownership Type Individual
APN 87-04-20-301-002.000-007
Subdivision Southlane Subdivison
School District Warrick County School Corporation
530 N 4th StElberfeld, IN 47613
Estimated Value $229,000
Living Area 1,276 SqFt
Beds 2
Baths 1
Year Built 1968
Property Type Single Family
Ownership Type Individual
APN 87-04-19-200-009.000-008
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
715 N 2nd StElberfeld, IN 47613
Estimated Value $228,000
Living Area 1,125 SqFt
Beds 3
Baths 1.5
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 87-04-17-300-006.000-008
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
10499 State Route 57Elberfeld, IN 47613
Estimated Value $256,000
Living Area 1,740 SqFt
Beds 3
Baths 1
Year Built 1860
Property Type Single Family
Ownership Type Related
APN 87-04-07-300-013.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
415 W Main StElberfeld, IN 47613
Estimated Value $275,000
Living Area 2,482 SqFt
Beds 4
Baths 3
Year Built 1988
Property Type Single Family
Ownership Type Related
APN 87-04-19-204-175.000-008
Subdivision Elberfeld
School District Warrick County School Corporation
8255 Saint Johns RdElberfeld, IN 47613
Estimated Value $200,000
Living Area 1,272 SqFt
Beds 2
Baths 1
Year Built 1955
Property Type Single Family
Ownership Type Individual
APN 87-04-19-400-212.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
11177 W Seven Hills RdElberfeld, IN 47613
Estimated Value $184,000
Living Area 1,224 SqFt
Beds 3
Baths 2
Year Built 1989
Property Type Manufactured Homes
Ownership Type Related
APN 87-04-30-400-026.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
10588 State Route 57Elberfeld, IN 47613
Estimated Value $220,000
Living Area 1,596 SqFt
Beds 2
Baths 1
Year Built 1940
Property Type Single Family
Ownership Type Individual
APN 87-04-07-100-119.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
130 Ohio StElberfeld, IN 47613
Estimated Value $222,000
Living Area 2,225 SqFt
Beds 2
Baths 2
Year Built 1964
Property Type Single Family
Ownership Type Related
APN 87-04-20-106-006.000-008
Subdivision H Busing Addition To 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
620 Wilson SqElberfeld, IN 47613
Estimated Value $158,000
Living Area 1,400 SqFt
Beds 3
Baths 1.5
Year Built 1974
Property Type Single Family
Ownership Type Mixed
APN 87-04-20-301-013.000-007
Subdivision Replat Of Southlane Subdivision
School District Warrick County School Corporation
6050 Coal Mine RdElberfeld, IN 47613
Estimated Value $304,000
Living Area 1,772 SqFt
Beds 3
Baths 1.5
Year Built 1916
Property Type Single Family
Ownership Type Individual
APN 82-02-24-009-021.023-030
Municipality SCOTT TOWNSHIP
School District Evansville-Vanderburgh School Corporation