Multi-Family Investment Properties in Evansville, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Multi Family Investment Properties for Sale in Evansville, IN

Why Invest in Evansville, Indiana?

Evansville, Indiana offers strong opportunities for multi-family real estate investments due to its affordable entry costs and stable rental demand. The city's economy, anchored by healthcare and manufacturing, supports consistent occupancy in multi-unit properties. With median home prices around $150K-$180K, investors benefit from favorable rent-to-price ratios and projected 15-20% appreciation through 2026. Multi-family assets near employment hubs provide reliable cash flow and resilience in secondary markets.

8.5%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

Evansville offers affordable acquisition costs around $150K median with strong rent-to-price ratios for multi-family units. Stable employment from major employers ensures consistent demand. Projected appreciation of 15-20% through 2026 adds upside potential.

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