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This unique investment property includes a 2-bedroom, 1-bathroom main house—complete with a full basement, front sunroom, and convenient laundry hookup—alongside a separate, (per seller) fully remodeled dwelling (completed in 2020) that’s currently under contract with the Evansville Housing Authority for $500/month through May 2026. Per seller, the roof (2020), blown-in insulation, and a brand-new septic system installed in 2025 ensure both units are in top condition. With 30 years of rental history and tenants in the main house pending tenants vacating, the property offers immediate flexibility for occupancy or continued rental income. Given the strong advantages of two rentals on one property—enhancing property value, generating passive income, and reducing carrying costs—this property is a turnkey opportunity for investors or owner-occupants looking for a dual-income asset sold as-is.

47710

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1710 Allens Ln, Evansville, IN 47710

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