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
1324 Rosemarie Avenue Evansville, IN WHAT A RARE FIND...3000 SQ FT RANCH WITH 3-CAR ATTACHED GARAGES + A SEPARATE POLE BARN...J...	4 beds \| 4 baths \| 3,000 sq.ft.	$428,000	Airbnb cash on cash: 1.66% Traditional cash on cash: 1.98% Airbnb Rental Income: $1874 Traditional Rental Income: $1500 Airbnb ROI: 1.66% Traditional ROI: 1.98%
2060 Conlin Avenue Evansville, IN investment property	4 beds \| 1 baths \| 892 sq.ft.	$119,000	Airbnb cash on cash: 9.3% Traditional cash on cash: 8.51% Airbnb Rental Income: $1874 Traditional Rental Income: $1282 Airbnb ROI: 9.3% Traditional ROI: 8.51%
11340 Lanner Place Evansville, IN Welcome to this bright, spacious 2-story home featuring 3 bedrooms, 2.5 bathrooms, and a t...	3 beds \| 3 baths \| 2,056 sq.ft.	$319,500	Airbnb cash on cash: 1.35% Traditional cash on cash: 2.67% Airbnb Rental Income: $1553 Traditional Rental Income: $1501 Airbnb ROI: 1.35% Traditional ROI: 2.67%
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.	$475,000	Airbnb cash on cash: 3.13% Traditional cash on cash: 5.72% Airbnb Rental Income: $3019 Traditional Rental Income: $3478 Airbnb ROI: 3.13% Traditional ROI: 5.72%
2154 E Gum Street Evansville, IN Hurry! Don't miss out on this all brick Charmer! Awesome NEW PRICE for QUICK SALE! Invitin...	2 beds \| 1 baths \| 1,066 sq.ft.	$189,900	Airbnb cash on cash: 0.8% Traditional cash on cash: 4.28% Airbnb Rental Income: $892 Traditional Rental Income: $1183 Airbnb ROI: 0.8% Traditional ROI: 4.28%
2000 W Boonville New Harmony Road Evansville, IN Desirable Darmstadt area! This immaculate one-owner, full-brick ranch with finished baseme...	3 beds \| 3 baths \| 4,386 sq.ft.	$567,488	Airbnb cash on cash: -0.06% Traditional cash on cash: 0.54% Airbnb Rental Income: $1553 Traditional Rental Income: $1421 Airbnb ROI: -0.06% Traditional ROI: 0.54%
7601 E Gum Street Evansville, IN Looking for an East Side Evansville home with updates already taken care of?Take a look at...	3 beds \| 2 baths \| 1,090 sq.ft.	$199,999	Airbnb cash on cash: 3.64% Traditional cash on cash: 5.73% Airbnb Rental Income: $1553 Traditional Rental Income: $1501 Airbnb ROI: 3.64% Traditional ROI: 5.73%
10848 Sable Ridge Drive Evansville, IN Beautiful brick DP Homes 4-bedroom, 2-bath home with upper 4th bedroom that could alternat...	4 beds \| 2 baths \| 2,364 sq.ft.	$445,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 3.35% Airbnb Rental Income: $1874 Traditional Rental Income: $2363 Airbnb ROI: 0.98% Traditional ROI: 3.35%
6101 Joes Drive Evansville, IN Wow! Impressive 2-story Traditional home with a 10,000 SF outbuilding/barn ideal for hobbi...	3 beds \| 3 baths \| 3,921 sq.ft.	$770,000	Airbnb cash on cash: -0.43% Traditional cash on cash: 0.94% Airbnb Rental Income: $1553 Traditional Rental Income: $2089 Airbnb ROI: -0.43% Traditional ROI: 0.94%
4101 Chappell Drive Evansville, IN Hurry! Welcome to 4101 Chappell Drive. Move-in ready north side 4 bedroom, 2.5 bath home i...	4 beds \| 3 baths \| 2,237 sq.ft.	$339,900	Airbnb cash on cash: 2.04% Traditional cash on cash: 2.44% Airbnb Rental Income: $1874 Traditional Rental Income: $1500 Airbnb ROI: 2.04% Traditional ROI: 2.44%
110 Althaus Avenue Evansville, IN Full of West Side charm, this move-in ready 2-bedroom, 1-bath home offers the perfect blen...	2 beds \| 1 baths \| 748 sq.ft.	$137,500	Airbnb cash on cash: 2.11% Traditional cash on cash: 5.9% Airbnb Rental Income: $892 Traditional Rental Income: $1055 Airbnb ROI: 2.11% Traditional ROI: 5.9%
115 Cherry Street Evansville, IN Downtown living with historic character, generous space, and just about everything Evansvi...	5 beds \| 2 baths \| 3,211 sq.ft.	$345,000	Airbnb cash on cash: 5.01% Traditional cash on cash: 0.14% Airbnb Rental Income: $3019 Traditional Rental Income: $750 Airbnb ROI: 5.01% Traditional ROI: 0.14%
19 Chandler Avenue Evansville, IN Historic charm. Modern updates. Absolutely move-in ready! Located in the heart of the Rive...	4 beds \| 3 baths \| 2,157 sq.ft.	$320,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 5.74% Airbnb Rental Income: $1874 Traditional Rental Income: $2454 Airbnb ROI: 2.14% Traditional ROI: 5.74%
4104 Eagle Watch Drive Evansville, IN Hurry! You don't want to miss this four bedroom, three bath home located in a desirable ne...	4 beds \| 3 baths \| 2,481 sq.ft.	$350,000	Airbnb cash on cash: 1.91% Traditional cash on cash: 5.05% Airbnb Rental Income: $1874 Traditional Rental Income: $2405 Airbnb ROI: 1.91% Traditional ROI: 5.05%
6401 Newburgh Road Evansville, IN Looking for a home that feels like your own private retreat, you may have found the one! S...	3 beds \| 4 baths \| 5,157 sq.ft.	$579,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 1.1% Airbnb Rental Income: $1553 Traditional Rental Income: $1501 Airbnb ROI: 0.37% Traditional ROI: 1.1%
4645 Rathbone Drive Evansville, IN Built in 2006, this property offers an inviting open floor plan with cathedral ceilings th...	3 beds \| 2 baths \| 1,349 sq.ft.	$259,000	Airbnb cash on cash: 2.45% Traditional cash on cash: 4.65% Airbnb Rental Income: $1553 Traditional Rental Income: $1644 Airbnb ROI: 2.45% Traditional ROI: 4.65%
4031 Chappell Drive Evansville, IN Welcome to 4031 Chappell Drive, a 2018-built home in the Creekside Meadows area of Evansvi...	3 beds \| 2 baths \| 1,510 sq.ft.	$275,000	Airbnb cash on cash: 1.95% Traditional cash on cash: 4.73% Airbnb Rental Income: $1553 Traditional Rental Income: $1828 Airbnb ROI: 1.95% Traditional ROI: 4.73%
2016 E Riverside Drive Evansville, IN Welcome to this charming, move-in ready home on East Riverside Drive! This well-maintained...	2 beds \| 1 baths \| 960 sq.ft.	$105,000	Airbnb cash on cash: 2.69% Traditional cash on cash: 8.01% Airbnb Rental Income: $892 Traditional Rental Income: $1096 Airbnb ROI: 2.69% Traditional ROI: 8.01%
3104 Lincoln Avenue Evansville, IN This wonderfully updated traditional home blends timeless charm with modern finishes. Grea...	3 beds \| 2 baths \| 2,225 sq.ft.	$343,900	Airbnb cash on cash: 1.58% Traditional cash on cash: 4.86% Airbnb Rental Income: $1553 Traditional Rental Income: $2162 Airbnb ROI: 1.58% Traditional ROI: 4.86%
12512 Red Gate Road Evansville, IN As you drive up, the beautiful scenic wooded drive and established landscaping create a gr...	3 beds \| 4 baths \| 4,268 sq.ft.	$534,900	Airbnb cash on cash: 0.01% Traditional cash on cash: 3.4% Airbnb Rental Income: $1553 Traditional Rental Income: $2801 Airbnb ROI: 0.01% Traditional ROI: 3.4%
8215 Kingswood Court Evansville, IN This East side house is close to Burkhardt attractions on a cul de sac in Lakeside Terrace...	3 beds \| 3 baths \| 1,681 sq.ft.	$254,900	Airbnb cash on cash: 2.24% Traditional cash on cash: 5.4% Airbnb Rental Income: $1553 Traditional Rental Income: $1867 Airbnb ROI: 2.24% Traditional ROI: 5.4%
2202 E Iowa Street Evansville, IN Welcome to this charming 3 bed/2.5 bath brick ranch with finished basement and split bedro...	3 beds \| 3 baths \| 2,610 sq.ft.	$239,900	Airbnb cash on cash: 2.75% Traditional cash on cash: 4.49% Airbnb Rental Income: $1553 Traditional Rental Income: $1501 Airbnb ROI: 2.75% Traditional ROI: 4.49%
2676 W Maryland Street Evansville, IN Just a couple of blocks west of Evansville's St. Joseph Avenue, this two-bedroom bungalow ...	2 beds \| 1 baths \| 900 sq.ft.	$149,900	Airbnb cash on cash: 1.66% Traditional cash on cash: 5.46% Airbnb Rental Income: $892 Traditional Rental Income: $1099 Airbnb ROI: 1.66% Traditional ROI: 5.46%
1409 Lilac Lane Evansville, IN	3 beds \| 1 baths \| 1,266 sq.ft.	$105,000	Airbnb cash on cash: 7.01% Traditional cash on cash: 10.9% Airbnb Rental Income: $1553 Traditional Rental Income: $1501 Airbnb ROI: 7.01% Traditional ROI: 10.9%
8627 New Harmony Road Evansville, IN Discover this updated home on Evansville's West Side, offering two living areas, modern fi...	3 beds \| 3 baths \| 2,237 sq.ft.	$339,900	Airbnb cash on cash: 1.55% Traditional cash on cash: 2.79% Airbnb Rental Income: $1553 Traditional Rental Income: $1501 Airbnb ROI: 1.55% Traditional ROI: 2.79%
2020 S Kerth Avenue Evansville, IN BACK ON THE MARKET - NO FAULT of the Seller. The Buyers financing fell through. MUST SEE! ...	2 beds \| 1 baths \| 1,481 sq.ft.	$152,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 6.09% Airbnb Rental Income: $892 Traditional Rental Income: $1230 Airbnb ROI: 1.44% Traditional ROI: 6.09%
12642 Cold Water Drive Evansville, IN Well taken care of ranch home offering 4 bedrooms and 2 full baths. As you walk in you'll ...	4 beds \| 2 baths \| 1,418 sq.ft.	$264,900	Airbnb cash on cash: 3.28% Traditional cash on cash: 3.79% Airbnb Rental Income: $1874 Traditional Rental Income: $1500 Airbnb ROI: 3.28% Traditional ROI: 3.79%
208 E Delaware Street Evansville, IN Over 2,100 sqft with 4 beds and 2 full baths. The original stained woodwork is still intac...	4 beds \| 2 baths \| 2,170 sq.ft.	$155,000	Airbnb cash on cash: 7.17% Traditional cash on cash: 8.03% Airbnb Rental Income: $1874 Traditional Rental Income: $1500 Airbnb ROI: 7.17% Traditional ROI: 8.03%
1804 Aviation Avenue Evansville, IN Welcome to 1804 Aviation Ave! This charming 2-bedroom, 1-bath home is fresh, inviting, and...	2 beds \| 1 baths \| 868 sq.ft.	$145,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 6.2% Airbnb Rental Income: $892 Traditional Rental Income: $1205 Airbnb ROI: 1.52% Traditional ROI: 6.2%
1709 Riverview Court Evansville, IN Amazing Home with Amazing Views!! Located in Harbour's Edge Subdivision in downtown Evansv...	4 beds \| 3 baths \| 3,402 sq.ft.	$729,500	Airbnb cash on cash: 0.12% Traditional cash on cash: 1.98% Airbnb Rental Income: $1874 Traditional Rental Income: $2640 Airbnb ROI: 0.12% Traditional ROI: 1.98%
764 S Kentucky Avenue Evansville, IN Welcome to this beautifully maintained 1930s brick two-story in Evansville's historic Bell...	4 beds \| 3 baths \| 4,080 sq.ft.	$279,900	Airbnb cash on cash: 3.22% Traditional cash on cash: 8.23% Airbnb Rental Income: $1874 Traditional Rental Income: $2693 Airbnb ROI: 3.22% Traditional ROI: 8.23%
713 W Buena Vista Road Evansville, IN Space inside and out on a north side corner lot! This bi-level has 4 beds, 2 full baths, a...	4 beds \| 2 baths \| 1,887 sq.ft.	$232,500	Airbnb cash on cash: 4.51% Traditional cash on cash: 7.67% Airbnb Rental Income: $1874 Traditional Rental Income: $2069 Airbnb ROI: 4.51% Traditional ROI: 7.67%
11629 Village Drive Evansville, IN Hurry! You don't want to miss this one story condo located in Oak Meadow! Situated on the ...	2 beds \| 2 baths \| 1,209 sq.ft.	$179,900	Airbnb cash on cash: -0.52% Traditional cash on cash: 3.15% Airbnb Rental Income: $892 Traditional Rental Income: $1183 Airbnb ROI: -0.52% Traditional ROI: 3.15%
8721 Clear Creek Drive Evansville, IN Welcome home to this beautifully updated full-brick ranch in desirable Northside Clear Cre...	3 beds \| 2 baths \| 1,905 sq.ft.	$350,000	Airbnb cash on cash: 1.38% Traditional cash on cash: 2.58% Airbnb Rental Income: $1553 Traditional Rental Income: $1501 Airbnb ROI: 1.38% Traditional ROI: 2.58%
4627 Erinwood Court Evansville, IN Welcome to Crown Ridge Subdivision on Evansville's north side! This adorable three-bedroom...	3 beds \| 2 baths \| 1,292 sq.ft.	$244,900	Airbnb cash on cash: 2.69% Traditional cash on cash: 4.67% Airbnb Rental Income: $1553 Traditional Rental Income: $1564 Airbnb ROI: 2.69% Traditional ROI: 4.67%
1100 Erie Avenue #409 Evansville, IN LOCATION! LOCATION! LOCATION! Live the carefree lifestyle in your gorgeous updated east si...	1 beds \| 1 baths \| 701 sq.ft.	$71,000	Airbnb cash on cash: -3.8% Traditional cash on cash: 8.57% Airbnb Rental Income: $744 Traditional Rental Income: $1302 Airbnb ROI: -3.8% Traditional ROI: 8.57%
1302 SE First Street Evansville, IN Own a landmark piece of Evansville history with this 1876 Victorian estate. Charles Hartme...	3 beds \| 2 baths \| 3,466 sq.ft.	$225,000	Airbnb cash on cash: 3.2% Traditional cash on cash: 6.06% Airbnb Rental Income: $1553 Traditional Rental Income: $1714 Airbnb ROI: 3.2% Traditional ROI: 6.06%
3530 Bronson Lane Evansville, IN Step inside and fall in love with the inviting comfort and easy living this charming 3-bed...	3 beds \| 2 baths \| 1,184 sq.ft.	$249,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 4.37% Airbnb Rental Income: $1553 Traditional Rental Income: $1501 Airbnb ROI: 2.68% Traditional ROI: 4.37%
6618 Newburgh Road Evansville, IN One of the few totally renovated condos in La Charmant, this condo it amazing. With 1842 s...	2 beds \| 2 baths \| 1,842 sq.ft.	$209,500	Airbnb cash on cash: -1.78% Traditional cash on cash: 4.07% Airbnb Rental Income: $892 Traditional Rental Income: $1717 Airbnb ROI: -1.78% Traditional ROI: 4.07%

Real Estate investment in Evansville, IN

There are 314 properties for sale in the city of Evansville . The median list price in Evansville is $154,926 and the average price per square foot is $76. In November 2026, the average monthly cash on cash return in Evansville is 5.00%. The average monthly rental income in Evansville is $1,501.

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

There are 314 investment properties available for sale in Evansville.

In 2026, 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 $1,501.

Your search for investment property begins and ends here

Investment Property for Sale in Evansville, IN

1324 Rosemarie Avenue

Evansville, IN

4 beds | 4 baths | 3,000 sq.ft.

$428,000

Airbnb cash on cash: 1.66%

Traditional cash on cash: 1.98%

Airbnb Rental Income: $1874

Traditional Rental Income: $1500

Airbnb ROI: 1.66%

Traditional ROI: 1.98%

2060 Conlin Avenue

Evansville, IN

4 beds | 1 baths | 892 sq.ft.

$119,000

Airbnb cash on cash: 9.3%

Traditional cash on cash: 8.51%

Airbnb Rental Income: $1874

Traditional Rental Income: $1282

Airbnb ROI: 9.3%

Traditional ROI: 8.51%

11340 Lanner Place

Evansville, IN

3 beds | 3 baths | 2,056 sq.ft.

$319,500

Airbnb cash on cash: 1.35%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $1553

Traditional Rental Income: $1501

Airbnb ROI: 1.35%

Traditional ROI: 2.67%

15333 Reading Drive

Evansville, IN

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

$475,000

Airbnb cash on cash: 3.13%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $3019

Traditional Rental Income: $3478

Airbnb ROI: 3.13%

Traditional ROI: 5.72%

2154 E Gum Street

Evansville, IN

2 beds | 1 baths | 1,066 sq.ft.

$189,900

Airbnb cash on cash: 0.8%

Traditional cash on cash: 4.28%

Airbnb Rental Income: $892

Traditional Rental Income: $1183

Airbnb ROI: 0.8%

Traditional ROI: 4.28%

2000 W Boonville New Harmony Road

Evansville, IN

3 beds | 3 baths | 4,386 sq.ft.

$567,488

Airbnb cash on cash: -0.06%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $1553

Traditional Rental Income: $1421

Airbnb ROI: -0.06%

Traditional ROI: 0.54%

7601 E Gum Street

Evansville, IN

3 beds | 2 baths | 1,090 sq.ft.

$199,999

Airbnb cash on cash: 3.64%

Traditional cash on cash: 5.73%

Airbnb Rental Income: $1553

Traditional Rental Income: $1501

Airbnb ROI: 3.64%

Traditional ROI: 5.73%

10848 Sable Ridge Drive

Evansville, IN

4 beds | 2 baths | 2,364 sq.ft.

$445,000

Airbnb cash on cash: 0.98%

Traditional cash on cash: 3.35%

Airbnb Rental Income: $1874

Traditional Rental Income: $2363

Airbnb ROI: 0.98%