2162 / 2164 E MORGAN AVE - LAND/RENTAL PROPERTY FOR SALE

EVANSVILLE, IN

Land for Sale - $175,000 - 1.36 acres


Agent Info

Mike Richardson
RE/MAX Midwest Real Estate

Property Info

CIMLS#1183296
Location
  2162 / 2164 E MORGAN AVE - LAND/RENTAL PROPERTY FOR SALE
  EVANSVILLE IN 47711
UpdatedOctober 28th, 2025
TypeLand
Price$175,000
Land1.36 acres

Property Description

Both houses are currently leased.

Side lot to east leased to Morton Solar.

The front house is 2162 E. Morgan and has two apartments. One is on the first floor and the other one is on the second floor. There is also a lower level that could be fixed up and leased as a third apartment. The landlord pays utilities for this property.

The small house in the back is 2164 E. morgan. It is currently leased to an

individual that has been there long term. Tenant pays all utilities on 2164 E.

Morgan.

Neighbors include Dollar Tree, CVS, Marathon, and Morton Solar.

High traffic count - over 40,000 cars per day pass this location.

Ideal for new commercial real estate construction or to keep and hold as an

investment property with existing residential tenants in place.


Financials



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