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
Normandy Dr1N/AN/AN/A3,552 Sq.Ft.2/18/2021Northfield Dr4832$313,3332,056 Sq.Ft.3/22/2024Northridge Dr1543$602,6923,568 Sq.Ft.4/15/2021Norwich Pl1633$395,3752,751 Sq.Ft.7/24/2023Nottingham Ct2732$281,6672,126 Sq.Ft.2/14/2025Notting Hill Rd343$276,6671,844 Sq.Ft.6/2/2022N Rear Ave1N/AN/AN/AN/AN/AN Shore Dr1N/AN/A$170,000N/AN/AN Spring St1N/AN/AN/AN/A11/15/2013Nuebling Rd1432$435,0002,094 Sq.Ft.8/18/2023Nunning Ct543$392,2003,177 Sq.Ft.5/9/2023Nunning Rd1233$329,2732,154 Sq.Ft.3/31/2022Nurrenbern Rd5442$228,4782,665 Sq.Ft.7/1/2024Oak Gate Rd1533$389,6672,766 Sq.Ft.3/16/2023Oak Grove Rd4831$194,66715,548 Sq.Ft.5/27/2025Oak Hill Rd29632$251,3993,787 Sq.Ft.5/12/2025Oakland Ave6921$131,4641,015 Sq.Ft.5/13/2025Oakley St14821$116,5198,460 Sq.Ft.3/17/2025Oaklyn Ct1332$262,9231,908 Sq.Ft.11/26/2024Oaklyn Dr2532$253,7922,547 Sq.Ft.4/9/2025Oak Mdw1N/AN/AN/AN/AN/AOak Meadow Rd6743$499,7013,146 Sq.Ft.5/29/2025Oak Ridge Dr2132$246,4761,608 Sq.Ft.1/31/2025Oakshire Dr1432$254,9291,690 Sq.Ft.11/10/2022Oak St12932$267,2232,189 Sq.Ft.6/2/2025Oak Summit Ave6N/AN/A$135,167N/A8/17/2022Oak Ter1232$236,4551,634 Sq.Ft.5/16/2025Oak Trail Dr832$313,0001,701 Sq.Ft.4/29/2014Oak Trce844$719,6253,813 Sq.Ft.10/24/2024Oak View Ct1843$402,5562,877 Sq.Ft.7/31/2024Odaniel Ln1N/AN/AN/AN/A11/20/2023Of Bridgeview Dr1N/AN/A$202,000N/AN/AOfc1N/AN/A$143,000N/A12/18/2020Ofc Bigge Lane5N/AN/A$128,000N/AN/AOfc Boberg Rd2N/AN/AN/AN/A7/22/2020Ofc Bohleber Rd2N/AN/AN/AN/AN/AOfc Copperline Rd5N/AN/AN/AN/AN/AOfc Darmstadt Rd1N/AN/AN/AN/AN/AOfc Davis Rd2N/AN/AN/AN/A10/30/2024Ofc Denzer Rd2N/AN/AN/AN/AN/AOfc Dunkelbarger Lane1N/AN/A$85,000N/AN/AOfc Expy3N/AN/AN/AN/AN/AOfc Ferguson Rd1N/AN/A$122,000N/AN/AOfc Fourwheel Dr1N/AN/A$49,000N/AN/AOfc Grandview Dr1N/AN/A$125,000N/A11/6/2009Ofc Gumbel Rd1N/AN/A$49,000N/AN/AOfc Gumble Rd1N/AN/A$126,000N/A8/9/2012Ofc Hoenert Rd1N/AN/AN/AN/AN/AOfc Hogue Rd1N/AN/AN/AN/AN/AOfc Philip Rd1N/AN/AN/AN/AN/AOf Crane Addition1N/AN/AN/AN/AN/AOfc Schmuck Rd2N/AN/A$232,500N/AN/AOfc Vanness Avenue1N/AN/AN/AN/AN/AOfc Welborn Rd1N/AN/AN/AN/AN/AOfc Wolfinger Rd1N/AN/AN/AN/AN/AOff Bayou Creek Rd2N/AN/AN/AN/AN/AOff Green Valley Rd1N/AN/AN/AN/A6/2/2023Off Hwy2N/AN/AN/AN/AN/AOff I-641N/AN/AN/AN/AN/AOffice Cir3N/AN/AN/A34,808 Sq.Ft.N/AOf Fickas Rd1N/AN/AN/AN/AN/AOff Little Schaefer1N/AN/A$179,000N/AN/AOff Posey County Line Rd2N/AN/AN/AN/A8/18/2022Off Saint Philip Rd1N/AN/AN/AN/A7/2/2010Off Saint Philips Rd1N/AN/AN/AN/AN/AOff Strueh & Hendricks Rd1N/AN/AN/AN/AN/AOf Highway 571N/AN/AN/AN/AN/AOf Lincoln1N/AN/A$172,000N/A7/31/2013Of Locust Crk1N/AN/AN/AN/AN/AOf Lost Bend Ln1N/AN/A$171,000N/AN/AOf Lynch1N/AN/AN/AN/AN/AOf Mesker Park Dr1N/AN/AN/AN/AN/AOf Morgan Ave1N/AN/AN/AN/A4/28/2016Of North First Ave2N/AN/AN/A160 Sq.Ft.10/29/2021Of North Green River Rd1N/AN/AN/AN/AN/AOf N Red Bank Rd1N/AN/AN/AN/AN/AOf Pollack Ave1N/AN/AN/AN/AN/AOf Tonia Ct1N/AN/AN/AN/AN/AOf Voigt Rd6N/AN/AN/AN/A6/30/2023Of Waterworks Rd1N/AN/AN/AN/AN/AOgden Ave821$130,125891 Sq.Ft.7/31/2024Oglesby Dr3243$534,9003,432 Sq.Ft.8/27/2024Ohara Dr7932$237,3916,757 Sq.Ft.4/18/2025Ohio Sewer Lift Station St1N/AN/AN/AN/AN/AOhio St12N/AN/AN/A64,210 Sq.Ft.5/29/2024Old 41 Hwy1N/AN/AN/A6,168 Sq.Ft.N/AOld Boonville Hwy19432$253,0384,374 Sq.Ft.4/23/2025Old Brompton Rd633$427,0003,115 Sq.Ft.1/12/2024Oldbury Way744$932,2863,785 Sq.Ft.9/29/2023Old Business1N/AN/AN/AN/AN/AOld Cannon Way2832$244,5001,607 Sq.Ft.8/27/2024Old Country Way1333$435,9232,755 Sq.Ft.9/22/2020Old Dominion Rd545$1,552,2004,369 Sq.Ft.4/26/2022Old Farm Rd333$312,6672,981 Sq.Ft.10/12/2015Old Green River Rd1521$146,6671,243 Sq.Ft.9/8/2023Old Henderson Rd28221$134,4061,162 Sq.Ft.5/30/2025Old Highway 661731$238,8821,655 Sq.Ft.10/4/2024Old Hwy1N/AN/AN/AN/AN/AOld Lantern Ln1032$231,4001,430 Sq.Ft.9/20/2024Old Lowr Mt1N/AN/A$127,000N/AN/A811 N 4th StElberfeld, IN 47613
Estimated Value $190,000
Living Area 1,343 SqFt
Beds 3
Baths 1.5
Year Built 1975
Property Type Single Family
Ownership Type Multiple
APN 87-04-18-402-005.000-008
Subdivision Brownwood Acres #2
School District Warrick County School Corporation
11122 Dassel DrElberfeld, IN 47613
Estimated Value $241,000
Living Area 1,482 SqFt
Beds 2
Baths 1.5
Year Built 1975
Property Type Single Family
Ownership Type Individual
APN 87-04-18-401-006.000-007
Subdivision Northwood Acres
School District Warrick County School Corporation
730 Village SqElberfeld, IN 47613
Estimated Value $167,000
Living Area 1,324 SqFt
Beds 2
Baths 1
Year Built 1976
Property Type Single Family
Ownership Type Individual
APN 87-04-20-303-053.000-007
Subdivision Southlane Subdivision
School District Warrick County School Corporation
11722 Wheatonville RdElberfeld, IN 47613
Estimated Value $278,000
Living Area 1,309 SqFt
Beds 3
Baths 2
Year Built 2002
Property Type Single Family
Ownership Type Individual
APN 87-04-07-100-122.000-007
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
105 N Illinois StElberfeld, IN 47613
Estimated Value $180,000
Living Area 1,155 SqFt
Beds 3
Baths 1
Year Built 1961
Property Type Single Family
Ownership Type Individual
APN 87-04-20-106-009.000-008
Subdivision H Busing Add
School District Warrick County School Corporation
610 Greenfield CtElberfeld, IN 47613
Estimated Value $205,000
Living Area 1,296 SqFt
Beds 3
Baths 1
Year Built 1975
Property Type Single Family
Ownership Type Individual
APN 87-04-20-302-029.000-007
Subdivision Southlane Subdivision
School District Warrick County School Corporation
120 Southlane DrElberfeld, IN 47613
Estimated Value $190,000
Living Area 1,296 SqFt
Beds 3
Baths 2
Year Built 1973
Property Type Single Family
Ownership Type Related
APN 87-04-20-301-003.000-007
Subdivision Replat Of Southlane Subdivision
School District Warrick County School Corporation
545 N 2nd StElberfeld, IN 47613
Estimated Value $261,000
Living Area 1,877 SqFt
Beds 3
Baths 2
Year Built 1956
Property Type Single Family
Ownership Type Individual
APN 87-04-17-300-001.000-008
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
710 Wilson SqElberfeld, IN 47613
Estimated Value $152,000
Living Area 1,296 SqFt
Beds 3
Baths 1
Year Built 1974
Property Type Single Family
Ownership Type Related
APN 87-04-20-301-016.000-007
Subdivision Replat Of Southlane Subdivision
School District Warrick County School Corporation
8057 Saint Johns RdElberfeld, IN 47613
Estimated Value $367,000
Living Area 4,986 SqFt
Beds 4
Baths 2.5
Year Built 1955
Property Type Single Family
Ownership Type Multiple
APN 87-04-19-403-001.000-007
Subdivision Eagleson Minor Subdivision Ii
School District Warrick County School Corporation
720 Village SqElberfeld, IN 47613
Estimated Value $162,000
Living Area 1,324 SqFt
Beds 3
Baths 1
Year Built 1975
Property Type Single Family
Ownership Type Individual
APN 87-04-20-303-052.000-007
Subdivision Southlane Subdivision
School District Warrick County School Corporation
11766 W State Route 68Haubstadt, IN 47639
Estimated Value $226,000
Living Area 1,520 SqFt
Beds 3
Baths 2
Year Built 1953
Property Type Single Family
Ownership Type Individual
APN 87-04-06-300-011.000-007
Municipality GREER TOWNSHIP
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
120 E Ridgeview StElberfeld, IN 47613
Estimated Value $413,000
Living Area 3,151 SqFt
Beds 4
Baths 2.5
Year Built 1968
Property Type Single Family
Ownership Type Related
APN 87-04-20-107-002.000-007
Subdivision Like Minor Subdivision
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
720 Wilson SqElberfeld, IN 47613
Estimated Value $141,000
Living Area 984 SqFt
Beds 3
Baths 1
Year Built 1974
Property Type Single Family
Ownership Type Individual
APN 87-04-20-301-017.000-007
Subdivision Southlane Sub
School District Warrick County School Corporation