Active

309 E Virginia Street

Duplex • 157Y Old
$117,500 Listed 2 months ago
2 Bedrooms
2 Bathrooms
1792 sqft
0.08 Acres
Basement
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Property Description

Income-Producing Duplex – Great Investment Opportunity! Each unit is 1 bed 1 bath. Don't miss this mostly updated duplex offering immediate income potential! One unit is currently occupied, while the second unit is vacant and ready for a new tenant or owner-occupant. The vacant downstairs unit previously rented for $850 per month and is currently being marketed at $795 per month to lease quickly. Major mechanical updates provide peace of mind, with the A/C units, furnaces, water heaters, and several windows all replaced within the last two years. The lower unit also features the added convenience of basement access, offering additional storage space. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this duplex offers excellent value and strong cash-flow potential.

Directions

North on Heidelbach, turn right on E Virginia house is on the right

Property
MLS # 202629547
Date Listed 2026-07-22
Status Active
Property Type Investment
Property SubType Duplex
Finished Square Feet 1,792 sqft
Total Square Feet 2,048 sqft
New Construction No
Style One and Half Story
Type Duplex
Basement Yes
Bedrooms 2
Bathrooms 2
Year Taxes Payable 861.70
Year Built 1869
Virtual Tour propertypanorama.com »
Days on Market 73
Homestead Year No
Room Dimensions
Family Room 775 × Level
4th Bedroom 2 × 2 Level
5th Bedroom 1 × 2 Level
Bathroom Locations
Full Baths 2 Main
External Features
Construction Duplex
Lot Size 3,485 sq ft
Acreage 0.08 Acres
Lot Dimensions 25X137
Fence None
Location
Area Vanderburgh County
County Vanderburgh
Subdivision None
Township Pigeon
City Evansville
State IN
Zip 47711
Schools
School District Evansville-Vanderburgh School Corp.
Elementary Lincoln
Middle School North
High School North
Financial
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202629547
Listing Provided Courtesy of Jeremy Outlaw
Catanese Real Estate

Listing updated September 9, 2026 at 4:30 pm
Last checked 10 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.