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
Miller Rd2432$292,9571,956 Sq.Ft.2/21/2025Millersburgh Rd3N/AN/AN/AN/A11/20/2024Millersburg & I 1641N/AN/AN/AN/AN/AMillersburg Rd5632$368,4762,511 Sq.Ft.3/28/2025Millner Industrial Dr3N/AN/AN/A10,730 Sq.Ft.5/17/2012Mill Rd31532$231,9602,775 Sq.Ft.5/2/2025Mimosa Dr131$216,0001,924 Sq.Ft.2/26/2010Minister Ln121$155,0001,035 Sq.Ft.9/30/2009Miranda Dr4932$253,3881,418 Sq.Ft.10/8/2024Missouri St33621$107,7451,612 Sq.Ft.5/30/2025Mitchell Ct732$255,1431,717 Sq.Ft.6/16/2023Mjm Industrial Dr7N/A2N/A8,747 Sq.Ft.4/15/2024Mockingbird Ln1632$234,2501,853 Sq.Ft.12/16/2024Moffett Ln1433$358,7002,448 Sq.Ft.11/9/2020Mohawk Cir332$225,6671,478 Sq.Ft.3/10/2022Mohr Rd3432$345,8332,143 Sq.Ft.4/17/2024Moll Ave1121$117,5712,113 Sq.Ft.5/13/2025Moll Ln321$298,3331,827 Sq.Ft.N/AMoll Strasse Rd5N/AN/A$86,250N/AN/AMonroe Ave33931$165,0261,590 Sq.Ft.5/5/2025Montclair Ct1942$280,3162,251 Sq.Ft.4/8/2025Montgomery Rd3N/AN/AN/AN/A5/13/2022Montview Dr733$345,4292,342 Sq.Ft.2/14/2025Mooring Rd2432$273,8331,714 Sq.Ft.10/30/2024Morgan Ave24121$155,4739,170 Sq.Ft.5/1/2025Morgan Center Dr7N/AN/AN/A17,576 Sq.Ft.1/23/2022Morris Dr332$632,0001,971 Sq.Ft.12/21/2023Mortensen Ln2N/AN/AN/A6,000 Sq.Ft.N/AMorton Ave14231$111,0005,452 Sq.Ft.4/17/2025Moss Creek Ct232$359,5002,001 Sq.Ft.6/14/2010Moss Creek Pl732$398,5712,220 Sq.Ft.7/21/2023Moss Creek Rd1033$404,7782,274 Sq.Ft.2/25/2022Moss Creek Way933$386,7782,252 Sq.Ft.3/8/2013Motz Ln442$444,6671,803 Sq.Ft.N/AMotz Rd2533$520,0002,363 Sq.Ft.4/28/2023Mount Ashley Rd2143$537,2503,274 Sq.Ft.11/20/2023Mount Auburn Rd4932$221,8844,357 Sq.Ft.10/7/2024Mount Pleasant Rd7432$333,7832,893 Sq.Ft.8/5/2024Mount Vernon Ave8632$164,8692,351 Sq.Ft.4/2/2025Mount Vernon Rd40N/AN/A$144,071N/A3/12/2025Moye Dr833$456,8753,051 Sq.Ft.1/18/2024Muensterman Ave2032$236,3501,785 Sq.Ft.12/18/2024Muhly Pass732$235,0002,028 Sq.Ft.9/16/2024Mulberry Pl244$521,5007,121 Sq.Ft.11/10/2022Mulberry St28532$205,3521,970 Sq.Ft.5/12/2025Munier Rd333$330,5002,262 Sq.Ft.9/7/2018Mustang Dr3232$265,2811,562 Sq.Ft.3/14/2025Myers Vista Dr1N/AN/A$63,000N/AN/AMyrs Vista Dr432$323,7501,603 Sq.Ft.5/9/2014Myrtle Ave1N/AN/AN/AN/AN/AMyrtle St1021$161,4001,068 Sq.Ft.10/31/2024Mystic Creek Dr2432$272,0001,837 Sq.Ft.10/4/2024Mystic Ct1932$269,7221,800 Sq.Ft.5/5/2025Naas Dr1542$384,1332,439 Sq.Ft.9/17/2024Natalie Dr242$398,5002,344 Sq.Ft.7/25/2020Near Harmony Way2N/AN/A$152,000N/A8/9/2014Near Ky1N/AN/AN/AN/A10/7/2024Near Middle Mount Vernon Rd1N/AN/A$210,000N/A6/21/2010Near Nurrenbern Rd1N/AN/AN/AN/AN/ANear Red Bank Rd1N/AN/A$169,000N/AN/ANear Schissler Rd1N/AN/AN/AN/AN/ANear Smith Diamond Rd1N/AN/AN/AN/AN/ANeedle Leaf Pt732$229,8571,304 Sq.Ft.3/14/2025Needle Pt1032$227,8001,305 Sq.Ft.5/22/2025Neeley St9N/AN/AN/A9,097 Sq.Ft.7/15/2019Negley Ave11321$152,6181,422 Sq.Ft.5/22/2025Negley Ct721$126,857820 Sq.Ft.5/13/2024Negley Pl731$130,143836 Sq.Ft.8/14/2024Nelson Ct531$152,6001,049 Sq.Ft.6/12/2020Nestor St1021$93,889990 Sq.Ft.5/15/2024Neubling Ave421$110,0007,157 Sq.Ft.3/31/2023Neu Creek Rd244$585,0003,008 Sq.Ft.N/ANeu Rd3332$296,5831,719 Sq.Ft.3/14/2025Newburgh Rd18242$334,8812,655 Sq.Ft.4/23/2025Newbury Rd3432$389,6182,472 Sq.Ft.2/25/2025Newgate Ct632$294,8331,861 Sq.Ft.4/21/2023New Harmony Rd27932$332,5912,115 Sq.Ft.5/21/2025Newman Rd34N/AN/AN/AN/A7/13/2023New Maple Ln632$278,8331,845 Sq.Ft.1/29/2019New Maple Rd1432$239,7861,463 Sq.Ft.5/23/2025Newton Ave3131$185,1852,552 Sq.Ft.3/27/2025New York Ave20021$128,2192,161 Sq.Ft.5/22/2025New York Blvd1N/AN/A$150,0008,190 Sq.Ft.N/ANext3N/AN/A$160,667N/A2/26/2015Next S Craig Ave1N/AN/A$122,000N/AN/ANext To Barbara1N/AN/A$171,000N/AN/ANicole Dr2532$242,6401,525 Sq.Ft.5/4/2024Niehaus Rd232$148,5001,200 Sq.Ft.10/18/2023Night Sun Dr244$1,050,5004,102 Sq.Ft.1/31/2019Ninth St1N/AN/AN/A396 Sq.Ft.N/ANisbet Rd1432$476,0002,105 Sq.Ft.7/7/2022N Of 1414 Brookside Dr1N/AN/A$138,000N/AN/AN Of 1609c Allens Ln1N/AN/AN/A6,000 Sq.Ft.N/AN Of 3911 Oak Ter2N/AN/A$169,000N/AN/AN Of 901 Briar Ln Of 9011N/AN/AN/AN/AN/ANolan Ave3332$202,0911,438 Sq.Ft.12/5/2024Noldau Ave731$188,0001,243 Sq.Ft.3/14/2024Nora Dr455$1,292,2505,685 Sq.Ft.5/12/2023Norbourne Way2332$214,0001,732 Sq.Ft.9/12/2024Norman Ave13731$168,8181,601 Sq.Ft.4/21/2025430 N 2nd StElberfeld, IN 47613
Estimated Value $150,000
Living Area 1,092 SqFt
Beds 2
Baths 1
Year Built 1945
Property Type Single Family
Ownership Type Individual
APN 87-04-19-200-013.000-008
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
7844 Saint Johns RdElberfeld, IN 47613
Estimated Value $465,000
Living Area 1,793 SqFt
Beds 3
Baths 4
Year Built 2020
Property Type Single Family
Ownership Type Related
APN 87-04-29-101-001.000-007
Subdivision Oeth Minor Sub
School District Warrick County School Corporation
120 N Illinois StElberfeld, IN 47613
Estimated Value $225,000
Living Area 1,265 SqFt
Beds 3
Baths 2
Year Built 1965
Property Type Single Family
Ownership Type Related
APN 87-04-20-106-016.000-008
Subdivision H Busing Addition
School District Warrick County School Corporation
8177 Saint Johns RdElberfeld, IN 47613
Estimated Value $257,000
Living Area 1,996 SqFt
Beds 2
Baths 2
Year Built 2022
Property Type Single Family
Ownership Type Related
APN 87-04-19-400-217.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
10599 State Route 57Elberfeld, IN 47613
Estimated Value $236,000
Living Area 2,306 SqFt
Beds 3
Baths 1.5
Year Built 1948
Property Type Single Family
Ownership Type Related
APN 87-04-07-100-136.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
10688 Ridgeview AveElberfeld, IN 47613
Estimated Value $260,000
Living Area 1,356 SqFt
Beds 3
Baths 2
Year Built 2000
Property Type Single Family
Ownership Type Related
APN 87-04-20-102-006.000-007
Subdivision Hornet Hill
School District Warrick County School Corporation
270 W Main StElberfeld, IN 47613
Estimated Value $200,000
Living Area 1,684 SqFt
Beds 2
Baths 1
Year Built 1906
Property Type Single Family
Ownership Type Individual
APN 87-04-19-203-107.000-008
Subdivision Town Of Elberfield
School District Warrick County School Corporation
4922 E 1150 SHaubstadt, IN 47639
Estimated Value $399,000
Living Area 1,795 SqFt
Beds 3
Baths 2
Year Built 2001
Property Type Single Family
Ownership Type Individual
APN 26-23-12-100-001.957-024
Municipality JOHNSON TOWNSHIP
School District South Gibson 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
8722 Harbison CtElberfeld, IN 47613
Estimated Value $294,000
Living Area 1,920 SqFt
Beds 3
Baths 2
Year Built 2022
Property Type Single Family
Ownership Type Related
APN 87-04-20-102-017.000-007
Subdivision Hornet Hill Sub
School District Warrick County School Corporation
70 Short StElberfeld, IN 47613
Estimated Value $147,000
Living Area 1,205 SqFt
Beds 2
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Related
APN 87-04-19-401-011.000-008
Subdivision Kroeger S Prospective Addition
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
10822 State Route 57Elberfeld, IN 47613
Estimated Value $220,000
Living Area 1,385 SqFt
Beds 3
Baths 2
Year Built 1940
Property Type Single Family
Ownership Type Individual
APN 87-04-07-100-109.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
370 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
11177 Nobles Chapel RdElberfeld, IN 47613
Estimated Value $251,000
Living Area 1,400 SqFt
Beds 3
Baths 2
Year Built 1974
Property Type Single Family
Ownership Type Related
APN 87-04-18-400-035.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
375 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