401 E Delaware St, Evansville, IN 47711

Investor & Builder Special – 401 E Delaware St, Evansville, IN 47711 Rare opportunity to build in a developed neighborhood with major upfront costs already handled. This vacant residential lot includes existing water and sewer hookups, significantly reducing development expenses and timelines. An 800 sq ft detached garage is already on site—perfect for equipment storage, workshop use, or added value to a future build. The lot is level, cleared, and ready for immediate construction, making it an ideal location for a single-family home, rental property, or a spec build. Surrounded by established homes and minutes from Downtown Evansville, shopping, restaurants, schools, and public transportation, this property offers a central location that appeals to both homeowners and tenants. Additional Highlights: Utilities on site (water, sewer, electric at the street) Garage structure in great shape—instant asset No demolition required—fully build-ready Close to Deaconess Midtown, University of Evansville, and major employers Low property taxes Whether you’re looking to expand your rental portfolio or build to sell, this property delivers strong potential in a growing market.