Real Estate Investment Properties for Sale in Evansville, IN

Looking for investment property in Evansville, IN with high ROI ?

Explore a variety of short-term homes & houses in Evansville, IN. Invest wisely with VRBO & Evansville, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Evansville, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
4809 Warren Drive Evansville, IN Welcome to this charming 2-bedroom, 1-bathroom home located north side of Evansville! With...	2 beds \| 1 baths \| 750 sq.ft.	$142,900	Airbnb cash on cash: 7.37% Traditional cash on cash: 5.73% Airbnb Rental Income: $1848 Traditional Rental Income: $1126 Airbnb ROI: 7.37% Traditional ROI: 5.73%
1912 Rollett Lane Evansville, IN Donât miss out on this updated 3 bedroom home located on the west side of Evansville. T...	3 beds \| 2 baths \| 1,092 sq.ft.	$189,000	Airbnb cash on cash: 7.51% Traditional cash on cash: 6.74% Airbnb Rental Income: $2343 Traditional Rental Income: $1624 Airbnb ROI: 7.51% Traditional ROI: 6.74%
13800 Browning Road Evansville, IN Donât miss this fantastic 5 bedroom, 3.5 bath on just over an ACRE! There is a huge in-l...	5 beds \| 4 baths \| 3,960 sq.ft.	$424,900	Airbnb cash on cash: 4.93% Traditional cash on cash: 7.6% Airbnb Rental Income: $3552 Traditional Rental Income: $3835 Airbnb ROI: 4.93% Traditional ROI: 7.6%
12440 Rolling Meadows Drive Evansville, IN Welcome to this well-kept ranch home in McCutchanville! This 3 bedroom, 2 bath home built ...	3 beds \| 2 baths \| 1,200 sq.ft.	$240,000	Airbnb cash on cash: 5.35% Traditional cash on cash: 4.55% Airbnb Rental Income: $2343 Traditional Rental Income: $1582 Airbnb ROI: 5.35% Traditional ROI: 4.55%
8401 MANCHESTER Court Evansville, IN WELCOME HOME!! THIS BEAUTIFUL 4 BEDROOM, 2 1/2 BATH HOME IS MOVE IN READY! Freshly painted...	4 beds \| 3 baths \| 2,080 sq.ft.	$319,900	Airbnb cash on cash: 6.24% Traditional cash on cash: 6.61% Airbnb Rental Income: $3229 Traditional Rental Income: $2614 Airbnb ROI: 6.24% Traditional ROI: 6.61%
10212 Belmont Court Evansville, IN EXCELLENT VALUE...1884 SQ FT RANCH IN BROOKVIEW HEIGHTS...Popular Split-Bedroom Design wit...	3 beds \| 2 baths \| 1,884 sq.ft.	$274,900	Airbnb cash on cash: 4.38% Traditional cash on cash: 5.72% Airbnb Rental Income: $2343 Traditional Rental Income: $2112 Airbnb ROI: 4.38% Traditional ROI: 5.72%
227 Hartin Drive Evansville, IN Tucked away on a dead end road this secluded 3 bed / 2 bath home rests on just over half a...	3 beds \| 2 baths \| 1,480 sq.ft.	$205,000	Airbnb cash on cash: 6.75% Traditional cash on cash: 7.03% Airbnb Rental Income: $2343 Traditional Rental Income: $1818 Airbnb ROI: 6.75% Traditional ROI: 7.03%
5510 Winston Road Evansville, IN This gorgeous tri-level home sits on a large corner lot in the desirable Spring Haven subd...	3 beds \| 2 baths \| 1,948 sq.ft.	$284,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 5.42% Airbnb Rental Income: $2343 Traditional Rental Income: $2075 Airbnb ROI: 4.26% Traditional ROI: 5.42%
3201 FOREST Avenue Evansville, IN Welcome to this cozy, recently updated 2-bedroom 1-bath home ideally situated on a corner ...	2 beds \| 1 baths \| 858 sq.ft.	$139,900	Airbnb cash on cash: 7.99% Traditional cash on cash: 6.96% Airbnb Rental Income: $1848 Traditional Rental Income: $1213 Airbnb ROI: 7.99% Traditional ROI: 6.96%
8939 Southport Drive Evansville, IN This gorgeous all-brick ranch sits on a large half acre lot in a conveniently located neig...	3 beds \| 2 baths \| 1,615 sq.ft.	$269,900	Airbnb cash on cash: 4.68% Traditional cash on cash: 5.15% Airbnb Rental Income: $2343 Traditional Rental Income: $1882 Airbnb ROI: 4.68% Traditional ROI: 5.15%
2417 Trail Drive Evansville, IN This bi-level 4 bedroom home is waiting for you! With newly installed flooring throughout ...	4 beds \| 3 baths \| 2,488 sq.ft.	$250,000	Airbnb cash on cash: 8.13% Traditional cash on cash: 8.38% Airbnb Rental Income: $3229 Traditional Rental Income: $2561 Airbnb ROI: 8.13% Traditional ROI: 8.38%
832 Groveview Court Evansville, IN Welcome to this beautifully updated 3-bedroom, 2.5-bath home, offering an ideal blend of c...	3 beds \| 3 baths \| 1,886 sq.ft.	$314,500	Airbnb cash on cash: 3.58% Traditional cash on cash: 5.87% Airbnb Rental Income: $2343 Traditional Rental Income: $2441 Airbnb ROI: 3.58% Traditional ROI: 5.87%
13130 Lockney Court Evansville, IN Great north side location less then 5 min from I 69 easy access to all the conveniences. L...	4 beds \| 2 baths \| 1,938 sq.ft.	$329,900	Airbnb cash on cash: 5.77% Traditional cash on cash: 4.96% Airbnb Rental Income: $3229 Traditional Rental Income: $2250 Airbnb ROI: 5.77% Traditional ROI: 4.96%
5320 Cameo Drive Evansville, IN Welcome home to the Orchard North! This is the Jagoe Norwegian Craftsman floor plan with s...	3 beds \| 2 baths \| 1,457 sq.ft.	$249,900	Airbnb cash on cash: 5.02% Traditional cash on cash: 5.38% Airbnb Rental Income: $2343 Traditional Rental Income: $1849 Airbnb ROI: 5.02% Traditional ROI: 5.38%
837 S Norman Avenue Evansville, IN Check out this amazing home located on Evansville's East Side. It has everything you could...	3 beds \| 3 baths \| 2,436 sq.ft.	$199,827	Airbnb cash on cash: 5.64% Traditional cash on cash: 10.46% Airbnb Rental Income: $2343 Traditional Rental Income: $2678 Airbnb ROI: 5.64% Traditional ROI: 10.46%
6632 Newburgh Road Evansville, IN Step into this beautifully updated second-floor condo, where modern upgrades meet timeless...	2 beds \| 2 baths \| 1,868 sq.ft.	$199,900	Airbnb cash on cash: 2.19% Traditional cash on cash: 5.19% Airbnb Rental Income: $1848 Traditional Rental Income: $1920 Airbnb ROI: 2.19% Traditional ROI: 5.19%
28 E Powell Avenue Evansville, IN Investment Opportunity: Fully Renovated Tri-Plex in Desirable Haynie's Corner Art District...	5 beds \| 3 baths \| 3,089 sq.ft.	$315,000	Airbnb cash on cash: 7.38% Traditional cash on cash: 7.02% Airbnb Rental Income: $3552 Traditional Rental Income: $2665 Airbnb ROI: 7.38% Traditional ROI: 7.02%
1625 JOYCE AVE Evansville, IN Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 1,324 sq.ft.	$200,000	Airbnb cash on cash: 5.02% Traditional cash on cash: 4.57% Airbnb Rental Income: $1848 Traditional Rental Income: $1266 Airbnb ROI: 5.02% Traditional ROI: 4.57%
600 S Cullen Avenue #807 Evansville, IN Welcome to easy living at the Belle Manor East Condos. This 2 bedroom 2 bath condo feature...	2 beds \| 2 baths \| 1,436 sq.ft.	$125,000	Airbnb cash on cash: 3.94% Traditional cash on cash: 7.3% Airbnb Rental Income: $1848 Traditional Rental Income: $1756 Airbnb ROI: 3.94% Traditional ROI: 7.3%
9839 Blyth Drive Evansville, IN You are Bob Ross, and this is a 2,500-square-foot blank canvas on which you can create you...	4 beds \| 3 baths \| 2,544 sq.ft.	$340,000	Airbnb cash on cash: 5.58% Traditional cash on cash: 5.57% Airbnb Rental Income: $3229 Traditional Rental Income: $2499 Airbnb ROI: 5.58% Traditional ROI: 5.57%
507 Merrill Court Evansville, IN Like new on the north side! If you're a human, this home was built in 2018; but if you're ...	4 beds \| 2 baths \| 2,073 sq.ft.	$305,000	Airbnb cash on cash: 6.58% Traditional cash on cash: 5.52% Airbnb Rental Income: $3229 Traditional Rental Income: $2197 Airbnb ROI: 6.58% Traditional ROI: 5.52%
1642 E Indiana Street Evansville, IN Updated and cozy 2 bedroom, 1 bathroom home with a large 2 car garage. Great corner lot, f...	2 beds \| 1 baths \| 748 sq.ft.	$129,000	Airbnb cash on cash: 8.67% Traditional cash on cash: 6.85% Airbnb Rental Income: $1848 Traditional Rental Income: $1125 Airbnb ROI: 8.67% Traditional ROI: 6.85%
19201 Fenwick Lane Evansville, IN Nestled in the sought-after Cambridge Village Golf Course Community, this well-maintained ...	4 beds \| 3 baths \| 3,585 sq.ft.	$389,000	Airbnb cash on cash: 4.47% Traditional cash on cash: 4.48% Airbnb Rental Income: $3229 Traditional Rental Income: $2502 Airbnb ROI: 4.47% Traditional ROI: 4.48%
2112 Bremmerton Drive Evansville, IN This inviting single-family home, located in Ellington Ridge, offers modern comfort and co...	3 beds \| 2 baths \| 1,659 sq.ft.	$299,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 5.48% Airbnb Rental Income: $2343 Traditional Rental Income: $1938 Airbnb ROI: 4.86% Traditional ROI: 5.48%
4136 Kenly Drive Evansville, IN This amazing 3 bedroom, 2 full bath home in the sought-after Creekside Meadows subdivision...	3 beds \| 2 baths \| 1,528 sq.ft.	$309,900	Airbnb cash on cash: 3.8% Traditional cash on cash: 4.13% Airbnb Rental Income: $2343 Traditional Rental Income: $1862 Airbnb ROI: 3.8% Traditional ROI: 4.13%
13030 Prairie Drive Evansville, IN This stunning 2-story home, built in 2021, offers a perfect blend of modern luxury and tho...	4 beds \| 3 baths \| 2,791 sq.ft.	$394,900	Airbnb cash on cash: 4.49% Traditional cash on cash: 4.24% Airbnb Rental Income: $3229 Traditional Rental Income: $2410 Airbnb ROI: 4.49% Traditional ROI: 4.24%
11517 Walnut Road Evansville, IN Wonderful Northside home nestled on tree lined road behind Scott Township baseball field. ...	3 beds \| 2 baths \| 1,183 sq.ft.	$174,900	Airbnb cash on cash: 8.81% Traditional cash on cash: 8.18% Airbnb Rental Income: $2343 Traditional Rental Income: $1659 Airbnb ROI: 8.81% Traditional ROI: 8.18%
3340 Fenbrook Court Evansville, IN Nestled in a quiet cul-de-sac, this inviting 3-bedroom, 2-bathroom home offers a spacious ...	3 beds \| 2 baths \| 1,310 sq.ft.	$219,900	Airbnb cash on cash: 6.07% Traditional cash on cash: 6.57% Airbnb Rental Income: $2343 Traditional Rental Income: $1867 Airbnb ROI: 6.07% Traditional ROI: 6.57%
901 N Lincoln Park Drive Evansville, IN This three bedroom, one bath home is move in ready! The kitchen and eat in area open to e...	3 beds \| 1 baths \| 1,188 sq.ft.	$180,000	Airbnb cash on cash: 8.23% Traditional cash on cash: 6.51% Airbnb Rental Income: $2343 Traditional Rental Income: $1468 Airbnb ROI: 8.23% Traditional ROI: 6.51%
438 S Spring Street Evansville, IN Beautifully updated and carefully cared for, this charming and spacious Tudor is perfect f...	3 beds \| 2 baths \| 2,284 sq.ft.	$258,000	Airbnb cash on cash: 5.18% Traditional cash on cash: 7.58% Airbnb Rental Income: $2343 Traditional Rental Income: $2348 Airbnb ROI: 5.18% Traditional ROI: 7.58%
2703 E Powell Avenue Evansville, IN Welcome to 2703 E. Powell Avenue. Absolutely adorable, move in ready, and conveniently lo...	3 beds \| 2 baths \| 1,997 sq.ft.	$267,400	Airbnb cash on cash: 5.23% Traditional cash on cash: 7.01% Airbnb Rental Income: $2343 Traditional Rental Income: $2214 Airbnb ROI: 5.23% Traditional ROI: 7.01%
13232 Pondella Drive Evansville, IN This beautiful North side brick 4 bed 3 full bath home with bonus room, is like stepping i...	4 beds \| 3 baths \| 2,726 sq.ft.	$429,900	Airbnb cash on cash: 4.09% Traditional cash on cash: 3.86% Airbnb Rental Income: $3229 Traditional Rental Income: $2410 Airbnb ROI: 4.09% Traditional ROI: 3.86%
1319 STINSON AVE Evansville, IN Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 1,164 sq.ft.	$157,000	Airbnb cash on cash: 6.55% Traditional cash on cash: 5.79% Airbnb Rental Income: $1848 Traditional Rental Income: $1237 Airbnb ROI: 6.55% Traditional ROI: 5.79%
2801 Eastbrooke Drive Evansville, IN Beautiful 3 bedroom, 1.5 bathroom, plus a large BONUS room. Walk into a spacious light liv...	3 beds \| 2 baths \| 1,424 sq.ft.	$212,500	Airbnb cash on cash: 6.51% Traditional cash on cash: 6.15% Airbnb Rental Income: $2343 Traditional Rental Income: $1692 Airbnb ROI: 6.51% Traditional ROI: 6.15%
213 Cherry Street Evansville, IN Hurry! Here's your chance to own a piece of history and join the downtown Evansville commu...	5 beds \| 3 baths \| 2,604 sq.ft.	$294,000	Airbnb cash on cash: 7.86% Traditional cash on cash: 7.27% Airbnb Rental Income: $3552 Traditional Rental Income: $2610 Airbnb ROI: 7.86% Traditional ROI: 7.27%
4625 Rathbone Drive Evansville, IN This impeccably cared for and conveniently located north side home offers 3 bedrooms, 2 fu...	3 beds \| 2 baths \| 1,334 sq.ft.	$234,000	Airbnb cash on cash: 4.84% Traditional cash on cash: 4.44% Airbnb Rental Income: $2343 Traditional Rental Income: $1676 Airbnb ROI: 4.84% Traditional ROI: 4.44%
536 Colborne Drive Evansville, IN Why wait for Santa? Start the New Year in your new Dream Home! Amazing custom built 4-5 be...	4 beds \| 3 baths \| 3,263 sq.ft.	$509,888	Airbnb cash on cash: 2.96% Traditional cash on cash: 3.28% Airbnb Rental Income: $3229 Traditional Rental Income: $2654 Airbnb ROI: 2.96% Traditional ROI: 3.28%
2001 Harmony Way Evansville, IN Don't miss this west side gem! This home boasts 4 bedrooms, 2.5 bathrooms, hardwood floors...	4 beds \| 3 baths \| 3,078 sq.ft.	$304,900	Airbnb cash on cash: 7.03% Traditional cash on cash: 8.97% Airbnb Rental Income: $3229 Traditional Rental Income: $3057 Airbnb ROI: 7.03% Traditional ROI: 8.97%
1400 Taylor Avenue Evansville, IN This completely remodeled brick ranch has 2 bedrooms, a full bath, and a large den that co...	2 beds \| 1 baths \| 912 sq.ft.	$150,000	Airbnb cash on cash: 7.42% Traditional cash on cash: 5.28% Airbnb Rental Income: $1848 Traditional Rental Income: $1044 Airbnb ROI: 7.42% Traditional ROI: 5.28%
13221 Cricket Trace Evansville, IN Exquisite Custom Home in Carrington Meadows, situated at the end of a cut-de-sac on large ...	4 beds \| 4 baths \| 3,404 sq.ft.	$495,000	Airbnb cash on cash: 3.15% Traditional cash on cash: 4.82% Airbnb Rental Income: $3229 Traditional Rental Income: $3277 Airbnb ROI: 3.15% Traditional ROI: 4.82%

Real Estate investment in Evansville, IN

There are 219 properties for sale in the city of Evansville . The median list price in Evansville is $219,000 and the average price per square foot is $108. In January 2025, the average monthly cash on cash return in Evansville is 6.00%. The average monthly rental income in Evansville is $1,960.

Evansville, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 219 investment properties available for sale in Evansville.

In 2025, the best neighborhood to buy investment property is Evansville.

The ROI for Short-Term is higher than the Long-Term in Evansville with average rental income of $2,343.

Your search for investment property begins and ends here

Investment Property for Sale in Evansville, IN

4809 Warren Drive

Evansville, IN

2 beds | 1 baths | 750 sq.ft.

$142,900

Airbnb cash on cash: 7.37%

Traditional cash on cash: 5.73%

Airbnb Rental Income: $1848

Traditional Rental Income: $1126

Airbnb ROI: 7.37%

Traditional ROI: 5.73%

1912 Rollett Lane

Evansville, IN

3 beds | 2 baths | 1,092 sq.ft.

$189,000

Airbnb cash on cash: 7.51%

Traditional cash on cash: 6.74%

Airbnb Rental Income: $2343

Traditional Rental Income: $1624

Airbnb ROI: 7.51%

Traditional ROI: 6.74%

13800 Browning Road

Evansville, IN

5 beds | 4 baths | 3,960 sq.ft.

$424,900

Airbnb cash on cash: 4.93%

Traditional cash on cash: 7.6%

Airbnb Rental Income: $3552

Traditional Rental Income: $3835

Airbnb ROI: 4.93%

Traditional ROI: 7.6%

12440 Rolling Meadows Drive

Evansville, IN

3 beds | 2 baths | 1,200 sq.ft.

$240,000

Airbnb cash on cash: 5.35%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $2343

Traditional Rental Income: $1582

Airbnb ROI: 5.35%

Traditional ROI: 4.55%

8401 MANCHESTER Court

Evansville, IN

4 beds | 3 baths | 2,080 sq.ft.

$319,900

Airbnb cash on cash: 6.24%

Traditional cash on cash: 6.61%

Airbnb Rental Income: $3229

Traditional Rental Income: $2614

Airbnb ROI: 6.24%

Traditional ROI: 6.61%

10212 Belmont Court

Evansville, IN

3 beds | 2 baths | 1,884 sq.ft.

$274,900

Airbnb cash on cash: 4.38%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $2343

Traditional Rental Income: $2112

Airbnb ROI: 4.38%

Traditional ROI: 5.72%

227 Hartin Drive

Evansville, IN

3 beds | 2 baths | 1,480 sq.ft.

$205,000

Airbnb cash on cash: 6.75%

Traditional cash on cash: 7.03%

Airbnb Rental Income: $2343

Traditional Rental Income: $1818

Airbnb ROI: 6.75%

Traditional ROI: 7.03%

5510 Winston Road

Evansville, IN

3 beds | 2 baths | 1,948 sq.ft.

$284,900

Airbnb cash on cash: 4.26%

Traditional cash on cash: 5.42%

Airbnb Rental Income: $2343

Traditional Rental Income: $2075

Airbnb ROI: 4.26%