702-704 SE 2nd St, Evansville, IN, 47713
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
Very Walkable
Very Limited Transit
BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Tornado
- Winter Weather
- Cold Wave
- Heat Wave
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Indiana Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,872 | $34,464 |
| Home Insurance * | $1,252 | $15,024 |
| Property Taxes | $383 | $4,596 |
| Electricity | $622 | $7,473 |
| Total | $5,129 | $61,548 |
Income You'd Need if You Spent...
Indiana FAIR Plan Programs
Indiana Basic Property Insurance Underwriting Association
Wildfire
HailWindHow Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-08-14 | Listed for sale | $585,000 |
| 2022-06-07 | Sold | $425,000 |
| 2022-05-10 | Pending sale | $425,000 |
For Sale by Agent
View on Zillow