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
Old Mount Vernon Rd2832$294,7501,815 Sq.Ft.8/17/2023Old Orchard Grn1044$667,4005,318 Sq.Ft.5/5/2023Old Orchard Trl1232$354,0831,994 Sq.Ft.12/6/2024Old Plantation Dr1745$810,8135,227 Sq.Ft.3/6/2024Old Post Rd1632$219,1251,554 Sq.Ft.4/29/2025Old Princeton Rd4632$454,8461,983 Sq.Ft.11/22/2024Old River Rd1121$98,833953 Sq.Ft.5/28/2025Old State Ct1143$489,0912,718 Sq.Ft.1/31/2022Old State Pt1432$270,1252,405 Sq.Ft.10/9/2024Old State Rd41632$301,3189,447 Sq.Ft.5/16/2025Old State Road At Volkman Rd1N/AN/AN/AN/AN/AOld Tyme Ct1922$184,5001,335 Sq.Ft.3/3/2025Oleander Ln732$291,5711,564 Sq.Ft.4/28/2023Ole Hickory Dr622$270,2501,486 Sq.Ft.7/22/2024Olive Ct2321$133,304868 Sq.Ft.6/3/2024Olive St10432$221,4021,667 Sq.Ft.5/30/2025Olivia Rd432$414,7502,154 Sq.Ft.6/21/2022Olmstead Ave15521$141,9191,259 Sq.Ft.5/30/2025Olmstead Rd1631$216,6251,960 Sq.Ft.11/15/2023Olympic Ct3132$214,7421,452 Sq.Ft.11/11/2024Omer Pl1931$179,4211,120 Sq.Ft.5/14/2021Optimist Dr332$193,0003,049 Sq.Ft.12/20/2018Orchard Ln932$418,1432,532 Sq.Ft.6/23/2022Orchard Rd18732$307,8541,939 Sq.Ft.5/30/2025Orchard Way Rd432$325,2501,663 Sq.Ft.10/1/2021Oregon St30921$117,6741,276 Sq.Ft.5/30/2025Oriole Dr3643$378,0562,758 Sq.Ft.11/8/2023Orleans Trce1823$288,5331,734 Sq.Ft.4/14/2025Osage Ct2N/AN/A$173,000155,074 Sq.Ft.12/1/2022Oscar Dr532$373,8001,991 Sq.Ft.3/30/2023Osprey Cir944$631,3336,279 Sq.Ft.5/14/2025Outlot A Aston Park1N/AN/AN/AN/AN/AOverland Dr2132$293,8101,883 Sq.Ft.4/2/2025Overlook Cir1142$403,3642,240 Sq.Ft.8/9/2024Overpass Rd3N/AN/AN/AN/AN/AOwensville Rd2232$384,5002,024 Sq.Ft.7/7/2022Oxmoor Rd2732$216,8521,719 Sq.Ft.4/18/2025Paddock Dr5122$258,5691,627 Sq.Ft.3/19/2025Palace Dr1343$442,6154,187 Sq.Ft.8/22/2022Palm Dr422$281,0001,559 Sq.Ft.8/20/2024Palmetto Cir1044$718,8003,280 Sq.Ft.5/6/2024Palomar Dr1344$187,8462,768 Sq.Ft.12/9/2024Paradise Pt1032$218,9001,277 Sq.Ft.3/7/2025Park Dr5231$186,2952,388 Sq.Ft.5/9/2025Parker Ct432$237,5001,551 Sq.Ft.5/13/2021Parker Dr15631$146,4971,119 Sq.Ft.5/30/2025Parke Ridge Ct943$219,8892,785 Sq.Ft.11/6/2020Parker Ln1632$219,6881,299 Sq.Ft.6/30/2023Parkland Ave12621$134,865993 Sq.Ft.6/2/2025Park Pl253$556,5003,552 Sq.Ft.1/8/2020Park Plaza Dr2632$355,4622,613 Sq.Ft.6/20/2024Park Rd2831$213,4291,508 Sq.Ft.1/3/2025Park Ridge Dr7032$195,5711,046 Sq.Ft.5/5/2025Parkside Dr1632$213,4381,902 Sq.Ft.10/1/2024Park St3721$103,71411,841 Sq.Ft.8/21/2024Parmely Dr532$303,4001,893 Sq.Ft.10/25/2024Parrett St5532$191,6983,218 Sq.Ft.2/4/2025Pasco Ave3N/AN/AN/A10,013 Sq.Ft.5/8/2013Patdora Dr1033$709,5713,168 Sq.Ft.12/22/2023Patriot Dr1232$239,2501,389 Sq.Ft.5/21/2025Peach Blossom Ln3033$335,3332,531 Sq.Ft.2/15/2024Peach Ct132$286,0002,001 Sq.Ft.11/17/2017Peacock Ln2032$232,1002,005 Sq.Ft.9/30/2024Pearl Dr25N/AN/AN/A18,608 Sq.Ft.4/24/2025Pear Tree Ln256$773,0003,966 Sq.Ft.10/23/2018Pebble Place Dr1432$331,4292,059 Sq.Ft.12/9/2024Pebble Stone Dr732$393,7142,376 Sq.Ft.6/7/2021Pecan Trce1822$276,8001,635 Sq.Ft.3/31/2025Peck Rd1432$256,0001,583 Sq.Ft.5/16/2024Peerless Rd6632$294,3001,829 Sq.Ft.1/21/2025Pelican Pointe Dr2644$761,6543,239 Sq.Ft.10/18/2024Pemberton Ave2931$170,3571,109 Sq.Ft.6/18/2024Pembroke Dr733$417,5712,642 Sq.Ft.3/23/2023Pendleton Ave2931$178,483980 Sq.Ft.2/26/2025Penfold St643$369,0002,324 Sq.Ft.9/4/2020Pennington Ave1932$217,2631,506 Sq.Ft.3/20/2025Pennsylvania St3532$180,4714,124 Sq.Ft.3/25/2025Penrod Ct832$232,5001,280 Sq.Ft.8/3/2023Pepperidge Ln1132$265,2731,632 Sq.Ft.12/27/2024Peregrine Dr2532$290,4001,769 Sq.Ft.10/11/2024Perfection Ct3N/AN/AN/A112,880 Sq.Ft.7/14/2022Perinial Dr234$571,5003,214 Sq.Ft.11/5/2019Periwinkle Dr2033$287,8001,917 Sq.Ft.10/10/2024Perry Ave121$163,0001,076 Sq.Ft.9/2/2010Persimmon Ln1253$349,2505,728 Sq.Ft.8/19/2022Petersburg Rd29332$379,5913,272 Sq.Ft.4/21/2025Peters Dr321$188,0001,077 Sq.Ft.5/9/2012Petes Ct543$181,2002,007 Sq.Ft.7/30/2024Pfeiffer Rd3132$251,5361,893 Sq.Ft.8/28/2024Phelps Ln331$155,3331,215 Sq.Ft.7/11/2022Philip Rd3N/AN/AN/AN/A3/24/2023Physicians Ct1N/AN/AN/A8,126 Sq.Ft.6/21/2012Picadilly Ln323$262,0001,333 Sq.Ft.N/APierce Dr642$409,5002,507 Sq.Ft.7/1/2024Pigeonbrook Ct1332$182,923916 Sq.Ft.1/23/2025Pine Brook Dr1432$275,0711,705 Sq.Ft.5/30/2024Pine Creek Dr2532$295,2501,951 Sq.Ft.12/16/2022Pine Gate Rd1943$387,9442,837 Sq.Ft.12/15/2023Pine Hill Dr622$267,4001,359 Sq.Ft.7/15/2021Pinehill Dr1N/AN/A$127,000N/AN/A710 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
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
3823 Schroeder RdEvansville, IN 47725
Estimated Value $495,000
Living Area 2,523 SqFt
Beds 4
Baths 3
Year Built 1990
Property Type Single Family
Ownership Type Related
APN 82-02-23-009-018.029-030
Municipality SCOTT TOWNSHIP
School District Evansville-Vanderburgh 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
310 E Walnut StElberfeld, IN 47613
Estimated Value $202,000
Living Area 1,072 SqFt
Beds 3
Baths 2
Year Built 1930
Property Type Single Family
Ownership Type Individual
APN 87-04-20-103-050.000-008
Municipality GREER TOWNSHIP
School District Warrick County School Corporation
15 Short StElberfeld, IN 47613
Estimated Value $205,000
Living Area 1,570 SqFt
Beds 3
Baths 1
Year Built 1970
Property Type Single Family
Ownership Type Individual
APN 87-04-19-401-007.000-008
Subdivision Dassel 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
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
455 W Mulberry StElberfeld, IN 47613
Estimated Value $189,000
Living Area 1,053 SqFt
Beds 3
Baths 1
Year Built 1958
Property Type Single Family
Ownership Type Individual
APN 87-04-19-205-203.000-008
Subdivision Original Plat Of The Town Of Elberfeld
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
11266 Blue Bell RdElberfeld, IN 47613
Estimated Value $208,000
Living Area 992 SqFt
Beds 3
Baths 1
Year Built 1939
Property Type Rural Residence
Ownership Type Individual
APN 87-04-19-201-001.000-007
Subdivision Munkin Minor 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
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
11070 S Redbud LnHaubstadt, IN 47639
Estimated Value $631,000
Living Area 2,169 SqFt
Beds 4
Baths 3.5
Year Built 2009
Property Type Single Family
Ownership Type Related
APN 26-23-11-200-002.022-024
Municipality JOHNSON TOWNSHIP
School District South Gibson School Corporation
160 E Main StElberfeld, IN 47613
Estimated Value $164,000
Living Area 1,308 SqFt
Beds 2
Baths 1
Year Built 1889
Property Type Single Family
Ownership Type Individual
APN 87-04-20-103-001.000-008
Subdivision Smiths Third Add
School District Warrick County School Corporation
710 N 4th StElberfeld, IN 47613
Estimated Value $279,000
Living Area 2,048 SqFt
Beds 3
Baths 3.5
Year Built 1969
Property Type Single Family
Ownership Type Related
APN 87-04-18-402-027.000-008
Municipality GREER TOWNSHIP
School District Warrick County School Corporation