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
826 Eighth St1N/AN/A$131,000N/AN/A827 First St163$596,0005,508 Sq.Ft.N/A867 S Green River Rd1N/AN/AN/A6,700 Sq.Ft.N/A903 North Fairlawn Cir121$151,000660 Sq.Ft.N/A904 Eighth St121$141,0001,025 Sq.Ft.9/12/2022907 North Fairlawn Cir121$140,000748 Sq.Ft.8/29/2011908 North Fairlawn Cir121$139,000672 Sq.Ft.N/A909 N Second Ave122$82,0001,610 Sq.Ft.10/26/2022912 North Fairlawn Cir121$139,000740 Sq.Ft.6/5/2020915 North Fairlawn Cir121$167,000792 Sq.Ft.N/A916 Second St1N/AN/AN/A22,892 Sq.Ft.N/A918 Eighth St135N/A3,349 Sq.Ft.N/A919 North Fairlawn Cir121$144,000814 Sq.Ft.N/A919 Sixth St12N/A$129,000898 Sq.Ft.N/A923 North Fairlawn Cir121$153,000792 Sq.Ft.N/A927 North Fairlawn Cir121$151,000792 Sq.Ft.10/11/2024935 North Fairlawn Cir121$142,000792 Sq.Ft.N/A960 Cardinal Dr1N/AN/A$159,000N/AN/A1012 N First Ave112$125,0003,221 Sq.Ft.N/A1022 N Third Ave144$176,0003,200 Sq.Ft.2/19/20071103 N Fourth Ave1N/AN/A$174,000N/A5/17/20061123 N First Ave1N/AN/AN/A2,135 Sq.Ft.7/22/20161141 W Mill Rd122$154,0001,351 Sq.Ft.1/22/20241204 N First Ave132N/A2,964 Sq.Ft.N/A1208 Maccarthur Cir141$133,0001,116 Sq.Ft.2/25/20051219 N Second Ave144$193,0002,186 Sq.Ft.4/19/202413001532$366,2002,051 Sq.Ft.12/12/20241318 N Third Ave141$134,0001,984 Sq.Ft.12/16/20081321 N First Ave112$121,0003,060 Sq.Ft.N/A1402 N Fifth Ave1N/AN/AN/AN/AN/A1405 First St1N/AN/AN/A3,400 Sq.Ft.3/19/20181410 Loraine St1N/AN/AN/AN/AN/A1410 Read St1N/AN/AN/A1,000 Sq.Ft.N/A1418 Second St1N/AN/AN/A4,536 Sq.Ft.N/A1424 Read St1N/AN/AN/AN/AN/A1425 Pennsylvania St1N/AN/AN/A64,742 Sq.Ft.N/A1511 N Fifth Ave1N/AN/AN/A2,560 Sq.Ft.N/A1621 N Seventh Ave121N/A2,478 Sq.Ft.10/30/20191712 N Fourth Ave1N/AN/AN/AN/AN/A1717 N Fourth Ave1N/AN/AN/A3,320 Sq.Ft.N/A1717 Shanklin Ave1N/AN/AN/AN/AN/A1725 Shanklin Ave1N/AN/AN/AN/AN/A1819 N Fourth Ave1N/AN/AN/AN/AN/A1922 Rodenberg Ct1N/AN/AN/AN/AN/A1940 N Green River Rd1N/AN/AN/A5,920 Sq.Ft.N/A2020 N Fifth Ave162$120,0002,536 Sq.Ft.N/A2100 N Sixth Ave1N/AN/AN/A129,251 Sq.Ft.N/A2305 N Green River Rd1N/AN/AN/A3,000 Sq.Ft.5/6/20242309 Pennsylvania St1N/AN/AN/AN/AN/A2333 N Sixth Ave1N/AN/AN/A9,600 Sq.Ft.10/2/20202408 N Fifth Ave1N/AN/AN/A10,372 Sq.Ft.N/A2433 Pennsylvania St1N/AN/AN/AN/AN/A2531 Pennsylvania St1N/AN/AN/AN/AN/A3411 N First Ave1N/AN/AN/A22,452 Sq.Ft.3/13/20193503 N Sixth Ave132$187,0001,360 Sq.Ft.12/30/20193848 N First Ave1N/AN/AN/A19,582 Sq.Ft.N/A4660 N First Ave1N/AN/AN/A3,662 Sq.Ft.N/AAbbey Ln532$329,0001,993 Sq.Ft.11/27/2019Aberdeen Ct2032$327,7501,977 Sq.Ft.5/5/2025Acorn Ct1643$369,5632,704 Sq.Ft.3/4/2025Acre Dr1232$261,2731,243 Sq.Ft.4/21/2023A Cypress Creek Sub1N/AN/A$177,000N/AN/AAdams Ave37831$149,3221,500 Sq.Ft.5/2/2025Adler Rd2732$353,0001,856 Sq.Ft.5/21/2025Admiral Dr2032$292,4501,925 Sq.Ft.10/11/2024Adobe St1132$207,4551,652 Sq.Ft.8/20/2024Agathon Dr3132$310,3231,694 Sq.Ft.10/7/2024Agri Ct6N/AN/AN/A9,100 Sq.Ft.6/14/2018Aiden Dr2943$454,0692,604 Sq.Ft.2/13/2025A J Dr4332$337,1862,007 Sq.Ft.4/9/2025Akin Dr3631$170,0571,692 Sq.Ft.9/13/2024Alameda Dr643$304,8332,676 Sq.Ft.9/14/2022Alan Ct532$178,0001,287 Sq.Ft.8/21/2024Alberta Dr333$310,3332,328 Sq.Ft.9/28/2023Albert St1021$155,700973 Sq.Ft.2/12/2024Alder Rdg832$287,5001,781 Sq.Ft.3/14/2023Alderson Ln1N/AN/AN/AN/AN/AAlex Ln1632$203,3751,307 Sq.Ft.2/13/2025Allens Ln19121$165,0402,424 Sq.Ft.5/15/2025Allison Dr1232$258,0832,538 Sq.Ft.11/22/2024Allsop Pl832$377,1252,288 Sq.Ft.11/2/2023Alta Vista Dr1032$255,8001,651 Sq.Ft.10/29/2024Althaus Ave1921$133,158986 Sq.Ft.3/19/2025Altheide Rd121$98,000942 Sq.Ft.N/AAlvord Blvd31931$193,8382,047 Sq.Ft.3/27/2025Alvord Ln1331$163,4621,470 Sq.Ft.1/22/2021Alyssum Dr1032$294,9001,556 Sq.Ft.12/18/2024American Way1N/AN/AN/A55,782 Sq.Ft.N/AAmherst Ln2643$299,66726,426 Sq.Ft.1/17/2025Anchor Way1932$265,7371,589 Sq.Ft.3/14/2025Angel Ln532$167,6001,110 Sq.Ft.11/14/2019Anguilla Ct832$270,5001,466 Sq.Ft.5/30/2025Anna Ave421$150,5001,147 Sq.Ft.8/23/2018Annemarie Ct6N/AN/A$172,50013,068 Sq.Ft.N/AAnthony Dr1932$255,7891,950 Sq.Ft.12/14/2023Antilles Dr4042$357,2752,125 Sq.Ft.3/31/2025Antler Ct533$375,2001,721 Sq.Ft.8/9/2023Antoinette Dr1032$287,5002,012 Sq.Ft.5/20/2024Apache Pass1733$427,8752,896 Sq.Ft.5/21/2024Apache Pass Dr2N/AN/A$171,500N/AN/A425 N 4th StElberfeld, IN 47613
Estimated Value $226,000
Living Area 1,008 SqFt
Beds 3
Baths 2
Year Built 1972
Property Type Single Family
Ownership Type Related
APN 87-04-19-200-041.000-008
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
4107 E Dogwood WayHaubstadt, IN 47639
Estimated Value $632,000
Living Area 3,878 SqFt
Beds 4
Baths 3.5
Year Built 2002
Property Type Single Family
Ownership Type Related
APN 26-23-11-200-002.031-024
Municipality JOHNSON TOWNSHIP
School District South Gibson 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
11433 Wheatonville RdElberfeld, IN 47613
Estimated Value $221,000
Living Area 1,740 SqFt
Beds 4
Baths 1
Year Built 1890
Property Type Rural Residence
Ownership Type Corporate
APN 87-04-07-400-016.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
8122 Saint Johns RdElberfeld, IN 47613
Estimated Value $171,000
Living Area 1,120 SqFt
Beds 2
Baths 1.5
Year Built 1957
Property Type Single Family
Ownership Type Related
APN 87-04-20-300-129.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
11144 Elberfeld RdElberfeld, IN 47613
Estimated Value $202,000
Living Area 768 SqFt
Beds 4
Baths 2
Year Built 1968
Property Type Single Family
Ownership Type Multiple
APN 87-04-19-401-003.000-007
Subdivision Woodall Subdivision
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
270 E Walnut StElberfeld, IN 47613
Estimated Value $204,000
Living Area 1,586 SqFt
Beds 3
Baths 1
Year Built 1964
Property Type Single Family
Ownership Type Individual
APN 87-04-20-103-004.000-008
Subdivision Smiths 3rd Addition
School District Warrick County School Corporation
435 N 2nd StElberfeld, IN 47613
Estimated Value $265,000
Living Area 2,074 SqFt
Beds 3
Baths 1.5
Year Built 1955
Property Type Single Family
Ownership Type Related
APN 87-04-20-100-005.000-008
Municipality GREER TOWNSHIP
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
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
15111 W State Road 68Elberfeld, IN 47613
Estimated Value $253,000
Living Area 1,616 SqFt
Beds 3
Baths 2
Year Built 1950
Property Type Single Family
Ownership Type Individual
APN 87-04-07-100-128.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
9100 Kost RdElberfeld, IN 47613
Estimated Value $452,000
Living Area 2,784 SqFt
Beds 4
Baths 2
Year Built 1991
Property Type Single Family
Ownership Type Related
APN 87-04-17-401-003.000-007
Subdivision Kost Subdivision
School District Warrick County School Corporation
715 Wilson SqElberfeld, IN 47613
Estimated Value $184,000
Living Area 1,008 SqFt
Beds 3
Baths 1
Year Built 1973
Property Type Single Family
Ownership Type Individual
APN 87-04-20-301-006.000-007
Subdivision Southlane Subdivision
School District Warrick County School Corporation
11255 W Seven Hills RdElberfeld, IN 47613
Estimated Value $302,000
Living Area 1,200 SqFt
Beds 3
Baths 1.5
Year Built 1977
Property Type Rural Residence
Ownership Type Related
APN 87-04-30-400-036.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
310 Julian StElberfeld, IN 47613
Estimated Value $166,000
Living Area 1,176 SqFt
Beds 2
Baths 1
Year Built 1974
Property Type Single Family
Ownership Type Individual
APN 87-04-18-402-004.000-008
Subdivision Brownwood Acres 2 Sec A
School District Warrick County School Corporation