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
224 Mulberry Street Evansville, IN Exciting opportunity awaits in this charming 1858 Antebellum all-brick home known as the E...	2 beds \| 2 baths \| 2,312 sq.ft.	$359,900	Airbnb cash on cash: -0.5% Traditional cash on cash: 3.41% Airbnb Rental Income: $908 Traditional Rental Income: $1891 Airbnb ROI: -0.5% Traditional ROI: 3.41%
1701 Glenmoor Road Evansville, IN Looking for a TRULY MOVE-IN READY home? Look no further! Step inside this beautiful, clean...	3 beds \| 2 baths \| 1,080 sq.ft.	$224,900	Airbnb cash on cash: 2.55% Traditional cash on cash: 5.05% Airbnb Rental Income: $1380 Traditional Rental Income: $1494 Airbnb ROI: 2.55% Traditional ROI: 5.05%
6600 Pollack Avenue Evansville, IN Minutes from Newburgh and Angel Mounds HIstoric Site & Boat Ramp. 3 Bedrooms, 2 Baths, On...	3 beds \| 2 baths \| 2,356 sq.ft.	$294,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 5.72% Airbnb Rental Income: $1380 Traditional Rental Income: $2162 Airbnb ROI: 1.38% Traditional ROI: 5.72%
15333 Reading Drive Evansville, IN Stunning Custom-Built Home on large lot in Poet Square, with Italianate Four Square inspir...	5 beds \| 4 baths \| 3,662 sq.ft.	$499,900	Airbnb cash on cash: 0.02% Traditional cash on cash: 5.32% Airbnb Rental Income: $1430 Traditional Rental Income: $3478 Airbnb ROI: 0.02% Traditional ROI: 5.32%
628 S Harlan Avenue Evansville, IN This immaculate 2-bedroom, 1-bath home combines the warmth of original details with stylis...	2 beds \| 1 baths \| 1,092 sq.ft.	$149,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 6.82% Airbnb Rental Income: $908 Traditional Rental Income: $1324 Airbnb ROI: 1.55% Traditional ROI: 6.82%
3901 Farrington Drive Evansville, IN Welcome to this charming 4-bedroom, 2.5-bath home perfectly situated on a desirable corner...	4 beds \| 3 baths \| 2,064 sq.ft.	$290,000	Airbnb cash on cash: 1.31% Traditional cash on cash: 5.9% Airbnb Rental Income: $1486 Traditional Rental Income: $2302 Airbnb ROI: 1.31% Traditional ROI: 5.9%
300 Main Street #2C Evansville, IN This one-of-a-kind downtown condo combines elegance, craftsmanship, and modern comfort wit...	3 beds \| 3 baths \| 2,628 sq.ft.	$483,700	Airbnb cash on cash: -2.29% Traditional cash on cash: 2.29% Airbnb Rental Income: $1380 Traditional Rental Income: $3036 Airbnb ROI: -2.29% Traditional ROI: 2.29%
1330 Bowden Drive Evansville, IN Check out this fantastic 4-bedroom, 2.5-bath home on the North Side! Conveniently located ...	4 beds \| 3 baths \| 2,342 sq.ft.	$365,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 4.54% Airbnb Rental Income: $1486 Traditional Rental Income: $2321 Airbnb ROI: 0.83% Traditional ROI: 4.54%
8738 Wynnfield Drive Evansville, IN This spacious 4 + bedroom, 2.5-bath two-story home is located on Evansvilleâs North Side...	4 beds \| 3 baths \| 2,364 sq.ft.	$314,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 5.68% Airbnb Rental Income: $1486 Traditional Rental Income: $2395 Airbnb ROI: 1.14% Traditional ROI: 5.68%
2118 E Chandler Avenue Evansville, IN This enchanting 3 bed, 1.5 bath bungalow blends timeless craftsmanship with thoughtful upd...	3 beds \| 2 baths \| 2,367 sq.ft.	$230,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 8% Airbnb Rental Income: $1380 Traditional Rental Income: $2237 Airbnb ROI: 2.14% Traditional ROI: 8%
101 Althaus Avenue Evansville, IN Per Seller: You can be the proud owner of 2 renovated houses for the price of 1 on a large...	12 beds \| 2 baths \| 1,280 sq.ft.	$144,900	Airbnb cash on cash: 3.7% Traditional cash on cash: 8.61% Airbnb Rental Income: $1380 Traditional Rental Income: $1643 Airbnb ROI: 3.7% Traditional ROI: 8.61%
2123 Bunker Lane Evansville, IN Enjoy lakefront living in McCutchanvilleâs desirable Eagle Crossing North! This beautifu...	3 beds \| 3 baths \| 1,859 sq.ft.	$358,900	Airbnb cash on cash: 0.6% Traditional cash on cash: 4.87% Airbnb Rental Income: $1380 Traditional Rental Income: $2401 Airbnb ROI: 0.6% Traditional ROI: 4.87%
5013 Cider Mill Court Evansville, IN Beautiful move-in ready home on the North Side of Evansville. 3 bedrooms, 2 1/2 baths. N...	3 beds \| 3 baths \| 2,328 sq.ft.	$365,000	Airbnb cash on cash: 0.82% Traditional cash on cash: 4.8% Airbnb Rental Income: $1380 Traditional Rental Income: $2323 Airbnb ROI: 0.82% Traditional ROI: 4.8%
10818 Eagle Crossing Drive Evansville, IN Beautiful North Side Evansville Home in Eagle Crossing Neighborhood! Welcome to this stunn...	4 beds \| 5 baths \| 4,025 sq.ft.	$599,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 6.28% Airbnb Rental Income: $1486 Traditional Rental Income: $4640 Airbnb ROI: -0.14% Traditional ROI: 6.28%
1905 E Powell Avenue Evansville, IN Welcome to 1905 Powell â a beautifully remodeled 3-bedroom, 2-bath home that perfectly b...	3 beds \| 2 baths \| 1,565 sq.ft.	$215,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 6.67% Airbnb Rental Income: $1380 Traditional Rental Income: $1813 Airbnb ROI: 2.49% Traditional ROI: 6.67%
4227 Ty Court Evansville, IN Welcome home to this one-owner, 3-bedroom, 2-bath treasure that has been cared for with pr...	3 beds \| 2 baths \| 1,388 sq.ft.	$284,700	Airbnb cash on cash: 0.52% Traditional cash on cash: 4.23% Airbnb Rental Income: $1380 Traditional Rental Income: $1955 Airbnb ROI: 0.52% Traditional ROI: 4.23%
3108 Lake Drive Evansville, IN Welcome to this charming 1-story home in the desirable Capital Elms subdivision! Nestled i...	3 beds \| 2 baths \| 1,786 sq.ft.	$235,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 6.7% Airbnb Rental Income: $1380 Traditional Rental Income: $1986 Airbnb ROI: 2.09% Traditional ROI: 6.7%
8141 Bucks Lane Evansville, IN Welcome to Buckingham Woods! This stunning custom-built home sits on a quiet cul-de-sac su...	4 beds \| 4 baths \| 3,440 sq.ft.	$609,900	Airbnb cash on cash: -0.1% Traditional cash on cash: 3.66% Airbnb Rental Income: $1486 Traditional Rental Income: $3190 Airbnb ROI: -0.1% Traditional ROI: 3.66%
5633 Forest Avenue Evansville, IN This 1.5-story corner unit condo offers a unique opportunity for investors, flippers, or h...	3 beds \| 2 baths \| N/A	$130,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 8.03% Airbnb Rental Income: $1380 Traditional Rental Income: $1619 Airbnb ROI: 2.77% Traditional ROI: 8.03%
1101 Burdette Avenue Evansville, IN Welcome to this spacious 2 bedroom, 2.5 bath condo on Evansvilleâs southeast side! Youâ...	2 beds \| 3 baths \| 1,520 sq.ft.	$135,000	Airbnb cash on cash: -0.93% Traditional cash on cash: 8.6% Airbnb Rental Income: $908 Traditional Rental Income: $1803 Airbnb ROI: -0.93% Traditional ROI: 8.6%
508 Main Street #2F Evansville, IN Beautiful condo in the Renaissance on Main Street just feet from the Ford Center, Signatur...	2 beds \| 2 baths \| 1,072 sq.ft.	$219,500	Airbnb cash on cash: -1.79% Traditional cash on cash: 3.19% Airbnb Rental Income: $908 Traditional Rental Income: $1601 Airbnb ROI: -1.79% Traditional ROI: 3.19%
851 Park Plaza Drive Evansville, IN Located on Evansvilleâs East Side in the desirable Park Plaza neighborhood, this all bri...	3 beds \| 2 baths \| 2,055 sq.ft.	$249,900	Airbnb cash on cash: 1.6% Traditional cash on cash: 6.62% Airbnb Rental Income: $1380 Traditional Rental Income: $2145 Airbnb ROI: 1.6% Traditional ROI: 6.62%
10222 Brookcrest Drive Evansville, IN Welcome to Brookview Heights, where this spacious home offers much more than meets the eye...	3 beds \| 2 baths \| 2,038 sq.ft.	$369,999	Airbnb cash on cash: 0.53% Traditional cash on cash: 4.01% Airbnb Rental Income: $1380 Traditional Rental Income: $2171 Airbnb ROI: 0.53% Traditional ROI: 4.01%
13044 Prairie Drive Evansville, IN This beautifully appointed 3 bedroom 2 bath one story Eagle Construction home is located i...	3 beds \| 2 baths \| 1,783 sq.ft.	$349,900	Airbnb cash on cash: 0.53% Traditional cash on cash: 3.04% Airbnb Rental Income: $1380 Traditional Rental Income: $1786 Airbnb ROI: 0.53% Traditional ROI: 3.04%
4001 Chappell Drive Evansville, IN Great North Side location! This move-in ready, custom-built home offers the perfect combin...	3 beds \| 2 baths \| 1,869 sq.ft.	$349,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.27% Airbnb Rental Income: $1380 Traditional Rental Income: $2116 Airbnb ROI: 0.75% Traditional ROI: 4.27%
3017 S Rotherwood Avenue Evansville, IN Packed with updates and space galore to store or create! You'll find both an attached 2-ca...	3 beds \| 2 baths \| 1,375 sq.ft.	$194,900	Airbnb cash on cash: 3% Traditional cash on cash: 7.07% Airbnb Rental Income: $1380 Traditional Rental Income: $1713 Airbnb ROI: 3% Traditional ROI: 7.07%
2217 E Mulberry Street Evansville, IN Bungalow? More like bunga-WHOA! More likeâ¦bungaâ¦BLOW-your-mind! ...Anyone? Tough crowd...	3 beds \| 2 baths \| 2,600 sq.ft.	$287,000	Airbnb cash on cash: 1.64% Traditional cash on cash: 6.2% Airbnb Rental Income: $1380 Traditional Rental Income: $2195 Airbnb ROI: 1.64% Traditional ROI: 6.2%
803 SE Riverside Drive Evansville, IN Huge income potential in the heart of the near downtown! 3 of the 4 units are occupied! C...	6 beds \| 4 baths \| 4,590 sq.ft.	$329,900	Airbnb cash on cash: 1.25% Traditional cash on cash: 8.71% Airbnb Rental Income: $1430 Traditional Rental Income: $3315 Airbnb ROI: 1.25% Traditional ROI: 8.71%
2214 Bellemeade Avenue Evansville, IN Welcome to this beautifully updated Eastside home full of character and charm, convenientl...	3 beds \| 2 baths \| 1,756 sq.ft.	$199,900	Airbnb cash on cash: 2.76% Traditional cash on cash: 8.51% Airbnb Rental Income: $1380 Traditional Rental Income: $2053 Airbnb ROI: 2.76% Traditional ROI: 8.51%
2532 N Elsas Avenue Evansville, IN Welcome to this charming 1930s American Bungalow featuring classic style and a cozy 2-bedr...	2 beds \| 1 baths \| 750 sq.ft.	$74,900	Airbnb cash on cash: 4.16% Traditional cash on cash: 8.2% Airbnb Rental Income: $908 Traditional Rental Income: $867 Airbnb ROI: 4.16% Traditional ROI: 8.2%
1112 S Fairlawn Avenue Evansville, IN This well-maintained 3-bedroom, 2-bath home offers comfort, convenience, and space for the...	3 beds \| 2 baths \| 1,257 sq.ft.	$174,900	Airbnb cash on cash: 3.73% Traditional cash on cash: 7.88% Airbnb Rental Income: $1380 Traditional Rental Income: $1653 Airbnb ROI: 3.73% Traditional ROI: 7.88%
1926 Jeanette Avenue Evansville, IN Welcome to this well maintained, all brick home; featuring 3 beds and 1 bath all one level...	3 beds \| 1 baths \| 945 sq.ft.	$128,000	Airbnb cash on cash: 5.54% Traditional cash on cash: 8.17% Airbnb Rental Income: $1380 Traditional Rental Income: $1285 Airbnb ROI: 5.54% Traditional ROI: 8.17%
8011 Winterbury Drive Evansville, IN Welcome to this completely remodeled home in The Villas! Thoughtfully redesigned with some...	3 beds \| 3 baths \| 2,164 sq.ft.	$334,999	Airbnb cash on cash: 1.07% Traditional cash on cash: 5.07% Airbnb Rental Income: $1380 Traditional Rental Income: $2221 Airbnb ROI: 1.07% Traditional ROI: 5.07%
12834 Cold Water Drive Evansville, IN Lovely well-kept home in a great northside location. There is entertainment, schools, and...	3 beds \| 2 baths \| 1,319 sq.ft.	$229,900	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.27% Airbnb Rental Income: $1380 Traditional Rental Income: $1648 Airbnb ROI: 2.11% Traditional ROI: 5.27%
1615 Monroe Avenue Evansville, IN Donât miss this inviting 3-bedroom, 1-bath home featuring classic hardwood floors and a ...	3 beds \| 1 baths \| 1,340 sq.ft.	$135,000	Airbnb cash on cash: 5.27% Traditional cash on cash: 9.06% Airbnb Rental Income: $1380 Traditional Rental Income: $1452 Airbnb ROI: 5.27% Traditional ROI: 9.06%
3418 Koressel Avenue Evansville, IN Welcome to 3418 Koressel Avenue! This beautifully updated home blends modern convenience w...	3 beds \| 2 baths \| 1,084 sq.ft.	$149,900	Airbnb cash on cash: 3.72% Traditional cash on cash: 7.39% Airbnb Rental Income: $1380 Traditional Rental Income: $1487 Airbnb ROI: 3.72% Traditional ROI: 7.39%
2209 E Franklin Street Evansville, IN Welcome home to this adorable 2 bedroom, 1 bath bungalow offering 900 sq. ft. of comfort a...	2 beds \| 1 baths \| 900 sq.ft.	$139,900	Airbnb cash on cash: 1.79% Traditional cash on cash: 6.68% Airbnb Rental Income: $908 Traditional Rental Income: $1224 Airbnb ROI: 1.79% Traditional ROI: 6.68%
1608 Hicks Drive Evansville, IN This super nice brick ranch home with full basement has something for everyone in the fami...	3 beds \| 1 baths \| 999 sq.ft.	$229,500	Airbnb cash on cash: 2.67% Traditional cash on cash: 4.7% Airbnb Rental Income: $1380 Traditional Rental Income: $1400 Airbnb ROI: 2.67% Traditional ROI: 4.7%
6210 Pebble Stone Drive Evansville, IN This is a quality home with every upgrade imaginableâpristine inside and out, this custo...	3 beds \| 3 baths \| 1,971 sq.ft.	$425,000	Airbnb cash on cash: 0.36% Traditional cash on cash: 4.03% Airbnb Rental Income: $1380 Traditional Rental Income: $2420 Airbnb ROI: 0.36% Traditional ROI: 4.03%
2501 W Mill Road Evansville, IN You wonât want to miss this newly remodeled 3-bedroom, 2-bath home on the West Side of E...	3 beds \| 2 baths \| 1,215 sq.ft.	$279,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 3.95% Airbnb Rental Income: $1380 Traditional Rental Income: $1482 Airbnb ROI: 1.97% Traditional ROI: 3.95%

Real Estate investment in Evansville, IN

There are 452 properties for sale in the city of Evansville . The median list price in Evansville is $189,900 and the average price per square foot is $103. In October 2025, the average monthly cash on cash return in Evansville is 7.00%. The average monthly rental income in Evansville is $1,792.

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

There are 452 investment properties available for sale in Evansville.

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

The ROI for Long-Term is higher than the Short-Term in Evansville with average rental income of $1,792.

Your search for investment property begins and ends here

Investment Property for Sale in Evansville, IN

224 Mulberry Street

Evansville, IN

2 beds | 2 baths | 2,312 sq.ft.

$359,900

Airbnb cash on cash: -0.5%

Traditional cash on cash: 3.41%

Airbnb Rental Income: $908

Traditional Rental Income: $1891

Airbnb ROI: -0.5%

Traditional ROI: 3.41%

1701 Glenmoor Road

Evansville, IN

3 beds | 2 baths | 1,080 sq.ft.

$224,900

Airbnb cash on cash: 2.55%

Traditional cash on cash: 5.05%

Airbnb Rental Income: $1380

Traditional Rental Income: $1494

Airbnb ROI: 2.55%

Traditional ROI: 5.05%

6600 Pollack Avenue

Evansville, IN

3 beds | 2 baths | 2,356 sq.ft.

$294,000

Airbnb cash on cash: 1.38%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $1380

Traditional Rental Income: $2162

Airbnb ROI: 1.38%

Traditional ROI: 5.72%

15333 Reading Drive

Evansville, IN

5 beds | 4 baths | 3,662 sq.ft.

$499,900

Airbnb cash on cash: 0.02%

Traditional cash on cash: 5.32%

Airbnb Rental Income: $1430

Traditional Rental Income: $3478

Airbnb ROI: 0.02%

Traditional ROI: 5.32%

628 S Harlan Avenue

Evansville, IN

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

$149,900

Airbnb cash on cash: 1.55%

Traditional cash on cash: 6.82%

Airbnb Rental Income: $908

Traditional Rental Income: $1324

Airbnb ROI: 1.55%

Traditional ROI: 6.82%

3901 Farrington Drive

Evansville, IN

4 beds | 3 baths | 2,064 sq.ft.

$290,000

Airbnb cash on cash: 1.31%

Traditional cash on cash: 5.9%

Airbnb Rental Income: $1486

Traditional Rental Income: $2302

Airbnb ROI: 1.31%

Traditional ROI: 5.9%

300 Main Street #2C

Evansville, IN

3 beds | 3 baths | 2,628 sq.ft.

$483,700

Airbnb cash on cash: -2.29%

Traditional cash on cash: 2.29%

Airbnb Rental Income: $1380

Traditional Rental Income: $3036

Airbnb ROI: -2.29%

Traditional ROI: 2.29%

1330 Bowden Drive

Evansville, IN

4 beds | 3 baths | 2,342 sq.ft.

$365,000

Airbnb cash on cash: 0.83%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $1486

Traditional Rental Income: $2321

Airbnb ROI: 0.83%