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Own a Piece of Downtown Evansville History-With Income Already in Place and Even More Potential! This remarkable historic brick property offers the perfect blend of timeless character, modern updates, and investment opportunity, just steps from Evansville's beautiful riverfront! Located on SE Second Street, just one block from SE First Street, this unique property includes the adjoining vacant lot at 710 SE Second Street, providing valuable additional outdoor space and future possibilities rarely found downtown. With historic records dating the home to 1865, the property was converted into apartments in 1926, featuring charming sunrooms and sundecks. Today, it offers two income-producing units, each currently leased for $1,850 per month-generating a combined $3,700 in monthly rental income! Inside, you'll appreciate the craftsmanship of a bygone era, including beautiful hardwood floors, tall ceilings, and original mahogany and oak doors and trim. Practical updates include separate electrical service for each unit and PEX plumbing with labeled shutoffs. But the possibilities don't stop there! An unfinished area at the rear of the home offers potential for an additional rental unit. The impressive two-story garage features insulation, gas heat, 100-amp electrical service, and a floor drain. Upstairs, you'll find an unfinished apartment space with hardwood floors and plumbing rough-ins, ready for your finishing touches. With some TLC, this space could potentially become another income-producing rental or Airbnb retreat, subject to applicable approvals. Outside, enjoy a fenced yard, private courtyard, and gated off-street parking with convenient alley access. The adjoining vacant lot adds even more flexibility and opportunity. Whether you're looking to expand your investment portfolio, explore additional rental possibilities, or eventually live in one unit while the other helps pay the mortgage, this property offers tremendous versatility. The original deed, abstract, and historic documents convey with the sale, preserving a special piece of Evansville's past.

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Listed by Jerrod Eagleson of eXp Realty,LLC (Cell: 812-305-2732)

IDX information provided by the Indiana Regional MLS. Data was last updated on this website at November 1, 2026 5:55 AM EST. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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