Evansville, IN 47713 702-704 SE Second Street
$585,000



8 more








Presented By: Philip Hooper with Berkshire Hathaway HomeServices Indiana Realty; Cell: 812-618-5000
Home Details
In the heart of Evansvilles Haynies Corner Arts District, between the riverfront and downtown, this beautifully updated Italianate property blends mid-19th-century character with modern investment appeal. Originally built circa 1850, it now offers four luxury apartments plus a spacious one-bedroom carriage house apartment above an oversized two-car garage. Together, these units generate approximately $68,000 in annual gross rent. The right-side owners unit underwent a complete renovation and brick addition circa 2010, featuring quality finishes & tile, wood & hard surface flooring, and luxury details that shine today. A new roof was installed in 2025. The left side of the duplex presents a rare opportunity for transformationideal for a large two or three bedroom townhome conversion or additional rental space. All of this is just steps from neighborhood festivals, local dining, and the medical school campus. Properties with this combination of historic curb appeal, updated systems, income potential, and prime location are rare in Evansvilles core. Showings by accepted offer only, to respect tenant privacy, its time to grow your portfolio today.
Presented By: Philip Hooper with Berkshire Hathaway HomeServices Indiana Realty; Cell: 812-618-5000
Interior Features for 702-704 SE Second Street
Bedrooms
Num. of 1 Bedrooms1
Num. of 2 Bedrooms3
Num. of 3 Bedrooms0
Num. of 4 Bedrooms0
Unit 1-# of Bedrooms2
Unit 2-# of Bedrooms1
Unit 3-# of Bedrooms1
Unit 4-# of Bedrooms1
Unit 5-# of Bedrooms2
Unit 6-# of Bedrooms2
Above Grade Bedrooms9
Beds9
Below Grade Bedrooms
Bathrooms
Unit 1-# of Bathrooms1
Unit 2-# of Bathrooms1
Unit 3-# of Bathrooms1
Unit 6-# of Bathrooms1
Below Grade Baths
Other Interior Features
Total Finished SqFt6794
Basement Y/NYes
Above Grade Finished SqFt6794
Above Grade Unfin. SqFt0
Below Grade Finished SqFt0
Below Grade Unfin. SqFt0
Num. of Efficiencies2
BasementPartial Basement
Basement MaterialBrick
Dishwasher(s)
Disposal(s)
Dryer(s)
FlooringMixed, Wood
Microwaves
Ranges/Ovens5
Refrigerators5
Total Number of Units6
W/D Hookups
Washers
Other Rooms
Total Rooms Below Grade
General for 702-704 SE Second Street
# of Buildings2
Age126
Agent First NamePhilip
Agent Last NameHooper
Annual Electric Expense
Annual Fuel Expense
Annual Insurance Expense
Annual Trash Expense
Architctural StyleVictorian
AreaVanderburgh County
Assoc. Dues FrequencyNot Applicable
Associated Document Count
Auction Y/NNo
Bathrooms6
CityEvansville
ClassINVESTMENT
CoolingCentral Air
DOM122
Elementary SchoolWest Terrace
FIPS Code18163
FeaturesCeiling-9+
Full Baths6
Half Baths
HeatingForced Air
High SchoolFrancis Joseph Reitz
Legal DescriptionUpper Enl Pt Lots 89 & 90
Middle SchoolPerry Heights
Net Income67202
New ConstructionNo
OwnerPaysLawn Maintenance, Maintenance, Tax, Trash Collection, Water
PROPOSED FINANCINGCash, Conventional
Pet Restrictions Y/NYes
REONo
Rent Income71040
School DistrictEvansville-Vanderburgh School Co
SewerCity
StatusActive
StatusBack on Market
Status Detail3
Stories Count2
StyleTwo Story
SubdivisionNone
Tax Year2025
Tenant PaysCooling, Heating
Total Sq Ft6794
TownshipPigeon
TypeOther
Virtual TourClick here
Year Built1899
Exterior for 702-704 SE Second Street
Approx. Lot Size Acres0.24
DrivewayConcrete
ExteriorBrick
Lot DescriptionLevel
Lot Dimensions71 x 149
Lot Size Area10454
Number of Parking Spaces3
OutbuildingNone
PoolNo
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Perry Heights Middle School
High School
Francis Joseph Reitz High School
Elementary School
West Terrace Elementary School

SQFT • 6,794