Real Estate Investment Properties for Sale in Evansville, IN

Looking for investment property in Evansville, IN with high ROI ?

Explore a variety of short-term homes & houses in Evansville, IN. Invest wisely with VRBO & Evansville, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Evansville, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1912 Rollett Lane Evansville, IN Donât miss out on this updated 3 bedroom home located on the west side of Evansville. T...	3 beds \| 2 baths \| 1,092 sq.ft.	$189,000	Airbnb cash on cash: 8.1% Traditional cash on cash: 6.74% Airbnb Rental Income: $2470 Traditional Rental Income: $1624 Airbnb ROI: 8.1% Traditional ROI: 6.74%
13500 Wildflower Drive Evansville, IN Welcome to this charming 4-bedroom, 2.5-bathroom colonial-style home in the serene Creeksi...	4 beds \| 3 baths \| 2,052 sq.ft.	$318,000	Airbnb cash on cash: 7.38% Traditional cash on cash: 6.93% Airbnb Rental Income: $3680 Traditional Rental Income: $2743 Airbnb ROI: 7.38% Traditional ROI: 6.93%
13800 Browning Road Evansville, IN Donât miss this fantastic 5 bedroom, 3.5 bath on just over an ACRE! There is a huge in-l...	5 beds \| 4 baths \| 3,960 sq.ft.	$445,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.2% Airbnb Rental Income: $null Traditional Rental Income: $3835 Airbnb ROI: N/A Traditional ROI: 7.2%
3741 Sandstone Court Evansville, IN This charming 2,357 square-foot home is nestled in Keystone subdivision, ideally situated ...	4 beds \| 3 baths \| 2,357 sq.ft.	$329,900	Airbnb cash on cash: 6.92% Traditional cash on cash: 5.89% Airbnb Rental Income: $3680 Traditional Rental Income: $2557 Airbnb ROI: 6.92% Traditional ROI: 5.89%
12440 Rolling Meadows Drive Evansville, IN Welcome to this well-kept ranch home in McCutchanville! This 3 bedroom, 2 bath home built ...	3 beds \| 2 baths \| 1,200 sq.ft.	$240,000	Airbnb cash on cash: 5.82% Traditional cash on cash: 4.55% Airbnb Rental Income: $2470 Traditional Rental Income: $1582 Airbnb ROI: 5.82% Traditional ROI: 4.55%
2511 Bayard Park Drive Evansville, IN This lovely 4-bedroom, 2-bath home on the east side of Evansville is ready for new owners!...	4 beds \| 2 baths \| 1,996 sq.ft.	$244,000	Airbnb cash on cash: 9.99% Traditional cash on cash: 6.96% Airbnb Rental Income: $3680 Traditional Rental Income: $2179 Airbnb ROI: 9.99% Traditional ROI: 6.96%
8401 MANCHESTER Court Evansville, IN WELCOME HOME!! THIS BEAUTIFUL 4 BEDROOM, 2 1/2 BATH HOME IS MOVE IN READY! Freshly painted...	4 beds \| 3 baths \| 2,080 sq.ft.	$324,900	Airbnb cash on cash: 7.36% Traditional cash on cash: 6.5% Airbnb Rental Income: $3680 Traditional Rental Income: $2614 Airbnb ROI: 7.36% Traditional ROI: 6.5%
10212 Belmont Court Evansville, IN EXCELLENT VALUE...1884 SQ FT RANCH IN BROOKVIEW HEIGHTS...Popular Split-Bedroom Design wit...	3 beds \| 2 baths \| 1,884 sq.ft.	$274,900	Airbnb cash on cash: 4.79% Traditional cash on cash: 5.72% Airbnb Rental Income: $2470 Traditional Rental Income: $2112 Airbnb ROI: 4.79% Traditional ROI: 5.72%
227 Hartin Drive Evansville, IN Tucked away on a dead end road this secluded 3 bed / 2 bath home rests on just over half a...	3 beds \| 2 baths \| 1,480 sq.ft.	$205,000	Airbnb cash on cash: 7.29% Traditional cash on cash: 7.03% Airbnb Rental Income: $2470 Traditional Rental Income: $1818 Airbnb ROI: 7.29% Traditional ROI: 7.03%
7316 Megan Brooke Lane Evansville, IN	2 beds \| 2 baths \| 1,106 sq.ft.	$212,000	Airbnb cash on cash: 5.15% Traditional cash on cash: 6.76% Airbnb Rental Income: $2053 Traditional Rental Income: $1846 Airbnb ROI: 5.15% Traditional ROI: 6.76%
5510 Winston Road Evansville, IN This gorgeous tri-level home sits on a large corner lot in the desirable Spring Haven subd...	3 beds \| 2 baths \| 1,948 sq.ft.	$289,900	Airbnb cash on cash: 4.56% Traditional cash on cash: 5.31% Airbnb Rental Income: $2470 Traditional Rental Income: $2075 Airbnb ROI: 4.56% Traditional ROI: 5.31%
3201 FOREST Avenue Evansville, IN Welcome to this cozy, recently updated 2-bedroom 1-bath home ideally situated on a corner ...	2 beds \| 1 baths \| 858 sq.ft.	$139,900	Airbnb cash on cash: 9.27% Traditional cash on cash: 6.96% Airbnb Rental Income: $2053 Traditional Rental Income: $1213 Airbnb ROI: 9.27% Traditional ROI: 6.96%
3207 E Chandler Avenue Evansville, IN Location,location,location! Fabulous area near Vann Park. Move right into this 3 Bedroom, ...	3 beds \| 2 baths \| 1,515 sq.ft.	$249,999	Airbnb cash on cash: 5.78% Traditional cash on cash: 5.95% Airbnb Rental Income: $2470 Traditional Rental Income: $1910 Airbnb ROI: 5.78% Traditional ROI: 5.95%
8939 Southport Drive Evansville, IN This gorgeous all-brick ranch sits on a large half acre lot in a conveniently located neig...	3 beds \| 2 baths \| 1,615 sq.ft.	$269,900	Airbnb cash on cash: 5.1% Traditional cash on cash: 5.15% Airbnb Rental Income: $2470 Traditional Rental Income: $1882 Airbnb ROI: 5.1% Traditional ROI: 5.15%
711 Merimac Drive Evansville, IN IMMEDIATE POSSESSION! Youâll love this BETTER THAN NEW move-in ready 3-4 bedroom / 2.5 b...	4 beds \| 3 baths \| 2,282 sq.ft.	$319,900	Airbnb cash on cash: 7.29% Traditional cash on cash: 7.4% Airbnb Rental Income: $3680 Traditional Rental Income: $2911 Airbnb ROI: 7.29% Traditional ROI: 7.4%
2417 Trail Drive Evansville, IN This freshly painted home is waiting for your stamp of approval! Nestled off of Oak Hill R...	4 beds \| 3 baths \| 2,488 sq.ft.	$260,000	Airbnb cash on cash: 9.32% Traditional cash on cash: 8.03% Airbnb Rental Income: $3680 Traditional Rental Income: $2561 Airbnb ROI: 9.32% Traditional ROI: 8.03%
832 Groveview Court Evansville, IN Welcome to this beautifully updated 3-bedroom, 2.5-bath home, offering an ideal blend of c...	3 beds \| 3 baths \| 1,886 sq.ft.	$317,500	Airbnb cash on cash: 3.89% Traditional cash on cash: 5.8% Airbnb Rental Income: $2470 Traditional Rental Income: $2441 Airbnb ROI: 3.89% Traditional ROI: 5.8%
13130 Lockney Court Evansville, IN Great north side location less then 5 min from I 69 easy access to all the conveniences. L...	4 beds \| 2 baths \| 1,938 sq.ft.	$329,900	Airbnb cash on cash: 6.98% Traditional cash on cash: 4.96% Airbnb Rental Income: $3680 Traditional Rental Income: $2250 Airbnb ROI: 6.98% Traditional ROI: 4.96%
5320 Cameo Drive Evansville, IN Welcome home to the Orchard North! This is the Jagoe Norwegian Craftsman floor plan with s...	3 beds \| 2 baths \| 1,457 sq.ft.	$249,900	Airbnb cash on cash: 5.47% Traditional cash on cash: 5.38% Airbnb Rental Income: $2470 Traditional Rental Income: $1849 Airbnb ROI: 5.47% Traditional ROI: 5.38%
837 S Norman Avenue Evansville, IN Check out this amazing home located on Evansville's East Side. It has everything you could...	3 beds \| 3 baths \| 2,436 sq.ft.	$199,827	Airbnb cash on cash: 6.2% Traditional cash on cash: 10.46% Airbnb Rental Income: $2470 Traditional Rental Income: $2678 Airbnb ROI: 6.2% Traditional ROI: 10.46%
1532 Glen Eden Lane Evansville, IN Fabulous home located in Sutherland neighborhood on the east side of Evansville. The home...	4 beds \| 3 baths \| 3,450 sq.ft.	$650,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 2.3% Airbnb Rental Income: $3680 Traditional Rental Income: $2643 Airbnb ROI: 2.68% Traditional ROI: 2.3%
9707 Denzer Road Evansville, IN Discover wooded backyard privacy and serene beauty in a prime West Side location! The welc...	4 beds \| 3 baths \| 4,445 sq.ft.	$522,500	Airbnb cash on cash: 4.19% Traditional cash on cash: 4.69% Airbnb Rental Income: $3680 Traditional Rental Income: $3123 Airbnb ROI: 4.19% Traditional ROI: 4.69%
6632 Newburgh Road Evansville, IN Step into this beautifully updated second-floor condo, where modern upgrades meet timeless...	2 beds \| 2 baths \| 1,868 sq.ft.	$199,900	Airbnb cash on cash: 3.09% Traditional cash on cash: 5.19% Airbnb Rental Income: $2053 Traditional Rental Income: $1920 Airbnb ROI: 3.09% Traditional ROI: 5.19%
508 Main Street #2C Evansville, IN 508 Main St 2C: This inviting and spacious 2 Bedroom, 2.5 Bath condo in The Renaissance Bu...	2 beds \| 3 baths \| 2,350 sq.ft.	$420,000	Airbnb cash on cash: -0.61% Traditional cash on cash: 2.43% Airbnb Rental Income: $2053 Traditional Rental Income: $2715 Airbnb ROI: -0.61% Traditional ROI: 2.43%
28 E Powell Avenue Evansville, IN Investment Opportunity: Fully Renovated Tri-Plex in Desirable Haynie's Corner Art District...	5 beds \| 3 baths \| 3,089 sq.ft.	$315,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.02% Airbnb Rental Income: $null Traditional Rental Income: $2665 Airbnb ROI: N/A Traditional ROI: 7.02%
1625 JOYCE AVE Evansville, IN Invest with success and buy through Auction.com. This bank-owned investment property is a ...	2 beds \| 1 baths \| 1,324 sq.ft.	$200,000	Airbnb cash on cash: 5.92% Traditional cash on cash: 4.57% Airbnb Rental Income: $2053 Traditional Rental Income: $1266 Airbnb ROI: 5.92% Traditional ROI: 4.57%
600 S Cullen Avenue #807 Evansville, IN Welcome to easy living at the Belle Manor East Condos. This 2 bedroom 2 bath condo feature...	2 beds \| 2 baths \| 1,436 sq.ft.	$125,000	Airbnb cash on cash: 5.36% Traditional cash on cash: 7.3% Airbnb Rental Income: $2053 Traditional Rental Income: $1756 Airbnb ROI: 5.36% Traditional ROI: 7.3%
9839 Blyth Drive Evansville, IN You are Bob Ross, and this is a 2,500-square-foot blank canvas on which you can create you...	4 beds \| 3 baths \| 2,544 sq.ft.	$347,500	Airbnb cash on cash: 6.59% Traditional cash on cash: 5.43% Airbnb Rental Income: $3680 Traditional Rental Income: $2499 Airbnb ROI: 6.59% Traditional ROI: 5.43%
1131 Loft Cove Evansville, IN Charming loft and a great investment opportunity! Discover this stylish and low-maintenanc...	1 beds \| 1 baths \| 1,002 sq.ft.	$130,000	Airbnb cash on cash: 3.71% Traditional cash on cash: 8.09% Airbnb Rental Income: $1369 Traditional Rental Income: $1500 Airbnb ROI: 3.71% Traditional ROI: 8.09%
7509 Olive Street Evansville, IN Absolutely stunning home tucked away in desirable eastside neighborhood on a spacious doub...	4 beds \| 4 baths \| 3,771 sq.ft.	$584,900	Airbnb cash on cash: 3.33% Traditional cash on cash: 4.34% Airbnb Rental Income: $3680 Traditional Rental Income: $3427 Airbnb ROI: 3.33% Traditional ROI: 4.34%
19201 Fenwick Lane Evansville, IN Nestled in the sought-after Cambridge Village Golf Course Community, this well-maintained ...	4 beds \| 3 baths \| 3,585 sq.ft.	$399,000	Airbnb cash on cash: 5.34% Traditional cash on cash: 4.34% Airbnb Rental Income: $3680 Traditional Rental Income: $2502 Airbnb ROI: 5.34% Traditional ROI: 4.34%
2112 Bremmerton Drive Evansville, IN This inviting single-family home, located in Ellington Ridge, offers modern comfort and co...	3 beds \| 2 baths \| 1,659 sq.ft.	$299,000	Airbnb cash on cash: 5.24% Traditional cash on cash: 5.48% Airbnb Rental Income: $2470 Traditional Rental Income: $1938 Airbnb ROI: 5.24% Traditional ROI: 5.48%
4136 Kenly Drive Evansville, IN This amazing 3 bedroom, 2 full bath home in the sought-after Creekside Meadows subdivision...	3 beds \| 2 baths \| 1,528 sq.ft.	$309,900	Airbnb cash on cash: 4.16% Traditional cash on cash: 4.13% Airbnb Rental Income: $2470 Traditional Rental Income: $1862 Airbnb ROI: 4.16% Traditional ROI: 4.13%
805 E Chandler Avenue Evansville, IN Donât miss out on this beautiful Historic Home with the perfect blend of old world craft...	3 beds \| 2 baths \| 2,273 sq.ft.	$275,000	Airbnb cash on cash: 5.32% Traditional cash on cash: 6.94% Airbnb Rental Income: $2470 Traditional Rental Income: $2290 Airbnb ROI: 5.32% Traditional ROI: 6.94%
11517 Walnut Road Evansville, IN Wonderful Northside home nestled on tree lined road behind Scott Township baseball field. ...	3 beds \| 2 baths \| 1,183 sq.ft.	$174,900	Airbnb cash on cash: 9.44% Traditional cash on cash: 8.18% Airbnb Rental Income: $2470 Traditional Rental Income: $1659 Airbnb ROI: 9.44% Traditional ROI: 8.18%
3340 Fenbrook Court Evansville, IN Nestled in a quiet cul-de-sac, this inviting 3-bedroom, 2-bathroom home offers a spacious ...	3 beds \| 2 baths \| 1,310 sq.ft.	$219,900	Airbnb cash on cash: 6.58% Traditional cash on cash: 6.57% Airbnb Rental Income: $2470 Traditional Rental Income: $1867 Airbnb ROI: 6.58% Traditional ROI: 6.57%
901 N Lincoln Park Drive Evansville, IN This three bedroom, one bath home is move in ready! The kitchen and eat in area open to e...	3 beds \| 1 baths \| 1,188 sq.ft.	$180,000	Airbnb cash on cash: 8.85% Traditional cash on cash: 6.51% Airbnb Rental Income: $2470 Traditional Rental Income: $1468 Airbnb ROI: 8.85% Traditional ROI: 6.51%
438 S Spring Street Evansville, IN Beautifully updated and carefully cared for, this charming and spacious Tudor is perfect f...	3 beds \| 2 baths \| 2,284 sq.ft.	$258,000	Airbnb cash on cash: 5.62% Traditional cash on cash: 7.58% Airbnb Rental Income: $2470 Traditional Rental Income: $2348 Airbnb ROI: 5.62% Traditional ROI: 7.58%
2703 E Powell Avenue Evansville, IN Welcome to 2703 E. Powell Avenue. Absolutely adorable, move in ready, and conveniently lo...	3 beds \| 2 baths \| 1,997 sq.ft.	$274,900	Airbnb cash on cash: 5.47% Traditional cash on cash: 6.8% Airbnb Rental Income: $2470 Traditional Rental Income: $2214 Airbnb ROI: 5.47% Traditional ROI: 6.8%
2016 E Mulberry Street Evansville, IN Great investment opportunity with in walking distance of the University of Evansville. Spa...	4 beds \| 2 baths \| 1,976 sq.ft.	$239,000	Airbnb cash on cash: 9.32% Traditional cash on cash: 6.68% Airbnb Rental Income: $3680 Traditional Rental Income: $2281 Airbnb ROI: 9.32% Traditional ROI: 6.68%

Real Estate investment in Evansville, IN

There are 260 properties for sale in the city of Evansville . The median list price in Evansville is $224,800 and the average price per square foot is $111. In December 2024, the average monthly cash on cash return in Evansville is 7.00%. The average monthly rental income in Evansville is $1,981.

Evansville, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 260 investment properties available for sale in Evansville.

In 2024, the best neighborhood to buy investment property is Evansville.

The ROI for Short-Term is higher than the Long-Term in Evansville with average rental income of $2,470.

Your search for investment property begins and ends here

Investment Property for Sale in Evansville, IN

1912 Rollett Lane

Evansville, IN

3 beds | 2 baths | 1,092 sq.ft.

$189,000

Airbnb cash on cash: 8.1%

Traditional cash on cash: 6.74%

Airbnb Rental Income: $2470

Traditional Rental Income: $1624

Airbnb ROI: 8.1%

Traditional ROI: 6.74%

13500 Wildflower Drive

Evansville, IN

4 beds | 3 baths | 2,052 sq.ft.

$318,000

Airbnb cash on cash: 7.38%

Traditional cash on cash: 6.93%

Airbnb Rental Income: $3680

Traditional Rental Income: $2743

Airbnb ROI: 7.38%

Traditional ROI: 6.93%

13800 Browning Road

Evansville, IN

5 beds | 4 baths | 3,960 sq.ft.

$445,900

Airbnb cash on cash: N/A

Traditional cash on cash: 7.2%

Airbnb Rental Income: $null

Traditional Rental Income: $3835

Airbnb ROI: N/A

Traditional ROI: 7.2%

3741 Sandstone Court

Evansville, IN

4 beds | 3 baths | 2,357 sq.ft.

$329,900

Airbnb cash on cash: 6.92%

Traditional cash on cash: 5.89%

Airbnb Rental Income: $3680

Traditional Rental Income: $2557

Airbnb ROI: 6.92%

Traditional ROI: 5.89%

12440 Rolling Meadows Drive

Evansville, IN

3 beds | 2 baths | 1,200 sq.ft.

$240,000

Airbnb cash on cash: 5.82%

Traditional cash on cash: 4.55%

Airbnb Rental Income: $2470

Traditional Rental Income: $1582

Airbnb ROI: 5.82%

Traditional ROI: 4.55%

2511 Bayard Park Drive

Evansville, IN

4 beds | 2 baths | 1,996 sq.ft.

$244,000

Airbnb cash on cash: 9.99%

Traditional cash on cash: 6.96%

Airbnb Rental Income: $3680

Traditional Rental Income: $2179

Airbnb ROI: 9.99%

Traditional ROI: 6.96%

8401 MANCHESTER Court

Evansville, IN

4 beds | 3 baths | 2,080 sq.ft.

$324,900

Airbnb cash on cash: 7.36%

Traditional cash on cash: 6.5%

Airbnb Rental Income: $3680

Traditional Rental Income: $2614

Airbnb ROI: 7.36%

Traditional ROI: 6.5%

10212 Belmont Court

Evansville, IN

3 beds | 2 baths | 1,884 sq.ft.

$274,900

Airbnb cash on cash: 4.79%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $2470

Traditional Rental Income: $2112

Airbnb ROI: 4.79%