Rent report generated Dec 30, 2024
The Rent Potential of
112 W Louisiana St Evansville, IN
is $925 – $1,175/mo.
Rent Advice
This single-family property in Evansville, located in the Jacobsville neighborhood, shows potential for conversion into a duplex, enhancing its rental appeal. With a rent range of $925 to $1,175 per month, the annual revenue could be between $11K and $14K. The area's real estate market is stable, with a median listing price of $65K. The property's unfinished second floor and basement present both opportunities and challenges, impacting its immediate rental potential.
To maximize rental income, consider finishing the second floor and basement, potentially transforming it into a duplex to boost revenue. If selling is on the horizon, enhancing curb appeal and addressing the fixer-upper aspects could attract more buyers. These improvements can significantly increase its market value and broaden its appeal to investors looking for properties with high rental income potential.
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