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  • $297,000

    2050 E Walnut St, Evansville, IN 47714

    4beds
    2,227sqft
    Duplex
    Built in 1952
    -- sqft lot
    $297,900 Zestimate®
    $--/sqft
    $980 Estimated rent

    Home value

    $297,900

    $280,000 - $319,000

    $980/mo

    Zestimate® history
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    $980/mo

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    $1,810/mo

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    $1,810/mo

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    What's special

    Turnkey duplex opportunity in Evansville! This well-maintained property features two 2-bedroom, 1-bath units, with one side currently rented and the other vacant—perfect for immediate income or an owner-occupant looking to offset their mortgage. Both units have been completely renovated, with new flooring, custom cabinets and new appliances. Additional updates include new windows (2026), HVAC systems (2025), and two water heaters replaced in 2025 and 2026. Roof is approximately 5 years old. One unit includes a basement housing all mechanicals for easy access and maintenance. A standout feature is the detached 4-car garage with brand new garage doors—ideal for additional rental income, storage, or tenant appeal. Whether you’re expanding your portfolio or looking for a house hack opportunity, this property offers flexibility, solid updates, and strong long-term potential. Each unit has all utilities separated allowing tenant responsibility when leased.

    Zillow last checked:

    Listing updated:

    Listed by:

    Aaron Luttrull 812-779-6273,

    Schuler Bauer Real Estate

    Bought with:

    Emma Ellison, RB24001883

    Key Associates Signature Realty

    Source: IRMLS,MLS#: 202614204MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Ceiling Fan(s), Countertops-Ceramic
    • Flooring: Laminate, Vinyl
    • Basement: Full,Partially Finished,Block
    Interior area
    • Total structure area: 2,735
    • Total interior livable area: 2,227 sqft
    • Finished area above ground: 1,817
    • Finished area below ground: 410

    Property

    Parking
    • Total spaces: 4
    • Parking features: Detached, Garage
    • Garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 75x135
    • Features: Corner Lot, Level, 0-2.9999, City/Town/Suburb
    Details
    • Additional structures: None
    • Parcel number: 820627013057.002027
    • Zoning: R-1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Duplex
    Materials
    • Stone
    • Foundation: Basement
    • Roof: Asphalt,Shingle
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Electric: CenterPoint Energy
    • Gas: CenterPoint Energy
    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Evansville

    Financial & listing details

    • Tax assessed value: $227,000
    • Annual tax amount: $3,290
    • Date on market: 4/22/2026
    • Listing terms: Cash,Conventional,FHA
    • Inclusions: Building
    • Lease term: Other
    • Total actual rent: 33600
    • Tenant pays: Cable TV, Cooling, Electricity, Fuel, Heating

    Price history

    DateEventPrice
    5/21/2026Sold$297,000-4.2%
    Source: IRMLS #202614204 Report a problem
    4/30/2026Pending sale$310,000
    Source: IRMLS #202614207 Report a problem
    4/22/2026Listed for sale$310,000
    Source: IRMLS #202614204 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    8/15/2017Listing removed$895
    Source: Owner Report a problem
    8/9/2017Listed for rent$895
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,208 +2.8%$227,000 +8.1%
    2024$3,121 +7.9%$209,900 +3.1%
    2023$2,893 +35.2%$203,600 +7.8%
    2022$2,140 +1.9%$188,800 +34%
    2021$2,100 +5%$140,900
    2020$2,001 -6.5%$140,900
    2019$2,139 +2.3%$140,900 -4.7%
    2018$2,091 +16.1%$147,800 +1.4%
    2017$1,801 $145,700 +9.3%
    2016$1,801 +4.7%$133,300 +0.6%
    2014$1,719 -3.1%$132,500 +2.8%
    2013$1,775 -13.8%$128,900 +27.5%
    2011$2,059 +0.6%$101,100
    2010$2,046 +1.2%$101,100
    2009$2,022 $101,100
    Find assessor info on the county website

    Neighborhood: South Lincoln Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Harper
    • Middle: Washington
    • High: Bosse
    • District: Evansville-Vanderburgh School Corp.

    Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    With Zillow Showcase(estimated)
    $303,858