Townhouse Investment Properties for Sale in Evansville, IN
6- 2 Bed
- 2 Bath
- 992 sft
465- 2 Bed
- 2 Bath
- 1172 sft
179- 6 Bed
- 3 Bath
- 2646 sft
171- 2 Bed
- 1 Bath
- 720 sft
154- 3 Bed
- 1 Bath
- 1667 sft
154- 2 Bed
- 1 Bath
- 720 sft
201- 3 Bed
- 1 Bath
- 1008 sft
203- 3 Bed
- 2 Bath
- 960 sft
202- 2 Bed
- 1 Bath
- 732 sft
203- 2 Bed
- 1 Bath
- 822 sft
154- 3 Bed
- 2 Bath
- - sft
198- 4 Bed
- 2 Bath
- 1967 sft
200- 3 Bed
- 1 Bath
- 1568 sft
158- 2 Bed
- 1 Bath
- 935 sft
150- 3 Bed
- 1 Bath
- 1574 sft
196- 2 Bed
- 1 Bath
- 772 sft
152- 1 Bed
- 1 Bath
- 805 sft
202- 3 Bed
- 2 Bath
- 1836 sft
166- 3 Bed
- 1 Bath
- 1152 sft
152- 2 Bed
- 1 Bath
- 927 sft
168- 2 Bed
- 1 Bath
- 1500 sft
181- 3 Bed
- 1 Bath
- 1716 sft
163- 2 Bed
- 1 Bath
- 910 sft
156- 4 Bed
- 1 Bath
- 1523 sft
201- 3 Bed
- 1 Bath
- 1131 sft
1097- 2 Bed
- 1 Bath
- 940 sft
Why Invest in Evansville, Indiana?
Evansville townhouses offer investors affordable entry into a stable rental market along the Ohio River Valley. With median home prices around $150K-$190K, these properties deliver strong rent-to-price ratios and positive cash flow potential. The city's healthcare and manufacturing sectors support consistent demand, while infrastructure projects boost long-term appreciation. Rental yields average 7-9% with cap rates around 8%, making townhouses ideal for cash-flow focused portfolios. Ongoing revitalization enhances neighborhood appeal for family renters.
Frequently Asked Questions
Yes, townhouses offer strong cash flow due to low acquisition costs around $150K-$190K and average rents of $1,150. Stable employment from major employers supports tenant retention. Cap rates near 8% make them attractive for passive income.
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