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702-704 SE 2nd St, Evansville, IN, 47713

9beds
6baths
6,794sqft
$585,000
$86price/sqft
$5,264/moest. monthly cost
$210,560/yrincome needed

About This Home

In the heart of Evansville’s Haynie’s Corner Arts District, between the riverfront and downtown, this beautifully updated Italianate property blends mid-19th-century character with modern investment appeal. Originally built circa 1850, it now offers four luxury apartments plus a spacious one-bedroom carriage house apartment above an oversized two-car garage. Together, these units generate approximately $68,000 in annual gross rent. The right-side owners’ unit underwent a complete renovation and brick addition circa 2010, featuring quality finishes & tile, wood & hard surface flooring, and luxury details that shine today. A new roof was installed in 2025. The left side of the duplex presents a rare opportunity for transformation—ideal for a large two or three bedroom townhome conversion or additional rental space. All of this is just steps from neighborhood festivals, local dining, and the medical school campus. Properties with this combination of historic curb appeal, updated systems, income potential, and prime location are rare in Evansville’s core. Showings by accepted offer only, to respect tenant privacy, it’s time to grow your portfolio today.

Getting Around

75
WalkingVery Walkable
0
TransitVery Limited Transit
65
BikeBikeable

Schools

7/10
9/10

Construction

Condition

  • Year built: 1899

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Victorian
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Partial,Brick

Bedrooms & Bathrooms

  • Bedrooms: 9
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Ceiling-9+
  • Flooring: Mixed,Wood
  • Finished area below ground: 0
  • Finished area above ground: 6,794

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,794
  • Total interior livable area: 6,794 sqft

Property

Details

  • Parcel number: 820630020086.008029

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 10,454 sqft
  • Features: Level
  • Lot size dimensions: 71 x 149

Parking

  • Total spaces: 3
  • Parking features: Detached,Concrete
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes