Condo Investment Properties for Sale in Evansville, IN
70- 3 Bed
- 2 Bath
- 1962 sft
646- 2 Bed
- 2 Bath
- 1842 sft
589- 2 Bed
- 2 Bath
- 975 sft
667- 3 Bed
- 3 Bath
- 3407 sft
Why Invest in Evansville, Indiana?
Evansville condos represent an emerging opportunity in Indiana's secondary real estate markets, where fundamental growth drivers align with below-state-average entry costs. The city's diversified economic base—anchored by healthcare, advanced manufacturing, and logistics—supports consistent rental demand and population stability. With median home values around $193,000 and year-over-year appreciation of 4.4%, condo investors can access properties with strong rent-to-price ratios ideal for positive cash flow. The downtown revitalization project and $30 million riverfront development create additional value-add potential for forward-thinking investors entering before peak market saturation.
Frequently Asked Questions
Evansville offers below-state-average entry costs, strong rental yields, and 4.4% year-over-year appreciation supported by a diversified economy and ongoing infrastructure development. The condo market benefits from the city's affordability while maintaining steady demand from renters and owner-occupants seeking urban living in a stable market.
Find Your Perfect Investment Property in Evansville, Indiana
Explore investment opportunities by strategy, performance, or property type
