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About This Home

This 5-bedroom, 2-bathroom single family at 2516 W Virginia Street in Evansville, IN is listed for $119,900 ($72 per sqft). Built in 1900, the home offers 1,668 sqft of living space on a 0.10 acres lot.

Agent Description

investor opportunity with a long-term Section 8 tenant in place since 2020, providing immediate rental income of $1,195 per month. The tenant pays all utilities, and all appliances are included in the sale. The property also features a detached garage, a new roof installed in 2020, and a new A/C unit installed in 2020. This is a strong cash-flow opportunity for investors seeking a stable income-producing property with the potential for future rent increases.

Key Features

  • Built in 1900
  • 0.10 acre lot
  • 2 stories

Property Details

2 stories
1 full, 1 half
1900

Monthly Cost Estimate

$641/mo

20% down · 6.5% · 30 years

Principal$87
Interest$520
Insurance$35

Estimates only. Actual payments may vary.

Location

2516 W Virginia Street

Evansville, IN 47712-5656

None

Features & Amenities

Interior Features

Ceiling Fan(s)Eat-in KitchenRange/Oven Hook Up GasRefrigerator

Exterior Features

FenceNone

Property Details

Parking

GarageGarage - Detached

Heating

Forced AirNatural Gas

Cooling

Central Air

Appliances

Oven - Gas

Questions & Answers

This 5-bedroom, 2-bathroom single family at 2516 W Virginia Street is listed at $119,900 ($72/sqft). The estimated monthly payment is $520 based on 20% down at 6.5% interest.

Key features include: Built in 1900, 0.10 acre lot, 2 stories. Interior Features: Ceiling Fan(s), Eat-in Kitchen, Range/Oven Hook Up Gas. Exterior Features: Fence, None.

This property is listed by Stacey Carpenter and can be reached at 8124532096 or staceycarpenter@kw.com.

SC

Stacey Carpenter

Agent at KELLER WILLIAMS CAPITAL REALTY

(812) 453-2096

Listed by KELLER WILLIAMS CAPITAL REALTY · View on Broker Site

MLS# 202609688· Source: listhub· Updated 94 days ago

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2516 W Virginia Street, Evansville, IN 47712-5656

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