Homes Under $50K Price For Sale in Evansville, IN

A nice, level lot ready to build your next home! Or, maybe just to park campers, trailers, etc. Electric, water, & sewer available and already ran from thestreet. Includes off-street gravel parking in front, utility shed, and alley access in the rear. This lot is just steps away from Pigeon Creek Greenway Passage, a greatplace to walk, bike, exercise, and enjoy one of the best landmarks in the city. The location has the feel of a small town, while being very close to the conveniences ofthe city.

Great investment opportunity. This 1 bed 1 bath home is conveniently located close to schools, shopping, and grocery. Nice sized living room and kitchen. Home was previously used as rental.

Calling all investors, renovators, and buyers looking for a project! This 3-bedroom home offers plenty of potential for those willing to put in some work. Featuring a covered front porch and a traditional floor plan, this property is ready for your vision and improvements. The home needs TLC and updates throughout but could make a great investment property, rental, or renovation project. Property is being sold AS-IS. Bring your tools and imagination and turn this fixer-upper into something special!

Calling all investors and DIY enthusiasts! This 3-bedroom, 1-bath home is conveniently located just off Garvin Avenue in Evansville, Indiana. With some TLC and renovations, this property offers great potential for a fix-and-flip, rental investment, or affordable home for an owner-occupant willing to put in the work. Home has a newer roof.

Build ready! Great north side location in Creekside Meadows newly open phase. Appealing open country feel. Creekside offers a verity of home sites such as water views, corners, pie shaped and private back yards. City water and sewer.

Build ready! Great north side location in Creekside Meadows newly open phase. Appealing open country feel. Creekside offers a verity of home sites such as water views, corners, pie shaped and private back yards. City water and sewer.

Build ready! Great north side location in Creekside Meadows newly open phase. Appealing open country feel. Creekside offers a verity of home sites such as water views, corners, pie shaped and private back yards. City water and sewer.

Attention investors and rehabbers! This large 3-bedroom, 3-bath home on Virginia Street in Evansville presents an opportunity for your next investment project. With its generous square footage and multiple bathrooms, this property offers potential for renovation and resale or as an addition to your rental portfolio. The home needs repairs and updates throughout, making it ideal for an experienced investor ready to take on a renovation project. Bring your contractor, evaluate the possibilities, and see how this property could fit into your investment strategy. Property is being sold as-is.

1100 S. BLK Bosse Avenue 47712 is that hidden lot in plain view. Located on Evansville westside. This corner lot property consists of 6 lots 35'x120' each. Combined lots equal .58 Acre. Water & Sewer is at road per seller & tapping into these utilities would be required by new owner if they go about building a new home on this lot. Electric is in close proximity. Seller does not know where gas line utility is located. Opportunity awaits to own this piece of nectar on West side within Perry Township. 12' Easement separation from West lot line to neighbors to the west. 30' Easement from edge of road (Pennington) to the south lot line.

Investors take a look at this 2 bed 1 bath home on a quiet eastside street home is in need of a little tlc but could make a nice rental. The home has a nice living room/ dining area 2 beds and 1 bath outside you will find a 1 car detached garage and a carport. The back yard also has a nice covered patio Sold as is

Excellent opportunity to acquire a portfolio of nine single-family homes located throughout Evansville, Indiana. The properties offer a variety of investment opportunities, with some well-suited for renovation and resale and others offering potential for long-term rental income. Properties vary in condition. Seller prefers to sell the entire portfolio but is open to considering offers on select individual properties, providing flexibility for a variety of investment needs. Don't miss this opportunity to expand your real estate investment portfolio!

Excellent opportunity to acquire a portfolio of nine single-family homes located throughout Evansville, Indiana. The properties offer a variety of investment opportunities, with some well-suited for renovation and resale and others offering potential for long-term rental income. Properties vary in condition. Seller prefers to sell the entire portfolio but is open to considering offers on select individual properties, providing flexibility for a variety of investment needs. Don't miss this opportunity to expand your real estate investment portfolio!

Excellent opportunity to acquire a portfolio of nine single-family homes located throughout Evansville, Indiana. The properties offer a variety of investment opportunities, with some well-suited for renovation and resale and others offering potential for long-term rental income. Properties vary in condition. Seller prefers to sell the entire portfolio but is open to considering offers on select individual properties, providing flexibility for a variety of investment needs. Don't miss this opportunity to expand your real estate investment portfolio!

Excellent opportunity to acquire a portfolio of nine single-family homes located throughout Evansville, Indiana. The properties offer a variety of investment opportunities, with some well-suited for renovation and resale and others offering potential for long-term rental income. Properties vary in condition. Seller prefers to sell the entire portfolio but is open to considering offers on select individual properties, providing flexibility for a variety of investment needs. Don't miss this opportunity to expand your real estate investment portfolio!

2 bed, 1 bath investment opportunity centrally located in Evansville with easy access to the Lloyd Expressway and HWY 41.

Discover the opportunity to own a spacious 0.70 acre lot in Evansville's Shady Hills Subdivision. This property offers a convenient setting for building your future home while providing easy access to the many shopping, dining, and everyday amenities Evansville has to offer. One of the standout features of this lot is the availability of public water, sewer, and electricity at the road, helping provide a convenient starting point for future development. Buyers should verify connection requirements, availability, and associated costs with the appropriate utility providers. The location also offers excellent convenience for commuters and travelers. Evansville Regional Airport is located nearby, providing convenient access to regional air travel. The surrounding Evansville area also offers numerous shopping centers, restaurants, grocery stores, medical services, and other everyday amenities. Whether you're looking to build your primary residence or create a comfortable home in a convenient Evansville location, this 0.70 acre lot in Shady Hills offers room to build while keeping you close to everyday amenities. Additional photos coming soon.

Investor/rehab opportunity! Property is being sold AS-IS.

2 bed, 1 bath investment opportunity centrally located in Evansville with easy access to the Lloyd Expressway and HWY 41.

This property offers a great opportunity for an investor, contractor, or buyer looking for a complete renovation project. The home features an updated roof, but the interior is in need of a full remodel. The cellar-style basement also needs work and provides additional storage space. A spacious attic offers potential to be converted into additional living space. Outside, the property features a fenced yard. Bring your ideas and transform this home into your next investment or renovation project. Property is being sold as-is.

.29 acre lot zoned for manufacturing, ready to use for a variety of purposes!

Wonderful lot in Cayman Ridge, ready for your new build!

Buildable lot on the westside! This lot would be great for a walkout basement, and has lake views.

Beautiful lot in The Hidden Lake Reserves available to build on!

Great lot located in the back of Willow Creek Subdivision. Flat, and ready to build your dream home!

Beautiful lot in The Reserve at Hidden Lake ready for your dreams to come to life! This lot would be Great for a walk out basement, and has lake views as well.

Great investment property close to downtown. This house is ready for its next project.

Great investment opportunity! This house is ready for its next project.

Great investment opportunity conveniently located near downtown! This property offers plenty of potential and would be a great option for your next flip or rental. Street parking is available, plus alley access to the backyard provides the opportunity for additional off-street parking.

Investment opportunity less than a mile from Haynie's Corner! This property could be used as a flip or rental and is ready for someone to make it their own.

1-2 bedroom home on the north side of Evansville with 1 car detached garage and fenced yard. Spacious living room and large kitchen with dining area. Separate laundry room conveniently located in a mudroom area off the back door. Utilities are not currently on.

Located on .21 acres this has easy access to the Westside amenities and the main roads to wherever one wants to go. An added bonus it is only 1.4 miles away from the fun and beauty of Burdette Park. Whether you want to renovate this 1941 style 1 1/2 story home with a basement along with the 2004 built 26'x28' detached garage with storage attic or start fresh, you can build your dream home on the edge of the southwest Evansville. The nice neighborhood gives a small town feel with a touch of country side in sight of your front yard.

Great investment opportunity! This 918 sq. ft. home is currently occupied by a long-term tenant paying $300 per month, providing immediate rental income for the new owner. The property features a newer roof and also includes an additional 24' x 125' lot located at 20 E. Eichel Ave. Home has newer roof completed in early 2026.

Great investment opportunity! This property is ready for its next project. Property is being sold as-is.

Great investment opportunity! A lot of the work has already been done, and this home is ready to be finished. The attic has potential to be a third bedroom, giving the home even more space. Home is being sold as-is.

Great investment opportunity conveniently located near downtown! This property offers plenty of potential and would be a great option for your next flip or rental. Street parking is available, plus alley access to the backyard provides the opportunity for additional off-street parking. This house is ready for its next project. House is being sold as-is.

Corner double lot with building potential! At 0.15 acres, this is one of the larger lots currently available in the area. The double-lot configuration provides additional space and flexibility compared to a typical residential lot. Conveniently located with easy access to both the East Side and West Side corridors, this lot offers a great opportunity for someone looking to build.

Build your dream home on this stunning .48-acre wooded lot in the desirable Hamilton Creek Subdivision. Nestled in a quiet cul-de-sac on Evansville’snorthside, it offers a prime location near schools and the airport. Being recently surveyed and staked, the property has clearly marked boundaries and is readyforconstruction. With gas, water, sewer, and electric utilities available, this is the perfect spot to create your ideal home.

Opportunity awaits with this charming home offering up to 4 bedrooms and plenty of potential to make it your own. The main level features a spacious living room with built-in shelving, a kitchen with painted cabinetry, and a flexible floor plan to fit your needs. The unfinished upstairs provides the perfect opportunity to add additional living space or bedrooms, while the unfinished basement offers excellent storage. Situated on a desirable corner lot, this home also features a newer roof and newer HVAC system. Don't miss this chance to add your personal touch and unlock its full potential!

Vacant lot. Very motivated seller!!! Home was removed so all city utilities are available.

Lovely lot in the desirable Poet Square subdivision

Lot for sale with access to city water & sewer. Included of a package of the following properties: 701 E Virginia St, 635 E Virginia St, 1211 Henning Ave, Evansville & 114 Mill St, Washington IN. ($509,000 Total)

Residential lot with access to public water & sewer. Included of a package of the following properties: 701 E Virginia St, 631 E Virginia St, 1211 Henning Ave, Evansville & 114 Mill St, Washington IN. ($509,000 Total)

Don’t miss your opportunity to purchase this lot that is located in a prime location. Build to suit your needs. Close to schools, shopping, and directly across from Amcor (Berry Global).

Investment property. Stripped out, fire restoration has been completed. Detached garage was not affected by fire.

Great investment or personal home in Evansville. With some love and a vision, this home would be a beautiful show piece. Hard wood floors and tall windows in almost every room. There is a large living room and owners bedroom at the front of the home. Then you'll find a roomy dining space and kitchen. Also on the main floor is the laundry and a full bath. Upstairs are two more bedrooms and another full bath. There could also be a sitting room or a fourth bedroom. One bedroom will need some finishing. Behind the home there is a one car garage, a carport and a large back yard.

Corner lot suitable to building. Property had a 2 story home that burned down in 2024 and the lot was professional cleared, filled, and graded by Heidorn Excavating.

Vacant residential lot ready for development in a well-established East Side neighborhood. Ideal opportunity for investors, builders, or anyone looking to build their dream home. Conveniently located near shopping, schools, and dining with easy access to major roads. Utilities nearby (buyer to verify). Bring your vision and make this property your next project or future homesite.

Versatile Lot at 1213 S. Evans to Build, Invest, or Expand Your Footprint Explore the potential of this residential lot at 1213 S. Evans, located in a well-positioned Evansville neighborhood just minutes from the thriving Haynie’s Corner Arts District and convenient access to both sides of town. This lot presents an excellent opportunity for those looking to build new construction, create a rental property, or invest in a growing area. Centrally located. Easy access to shopping, dining, and entertainment. Positioned in an established neighborhood Multi-Lot Potential: In addition to this property, the seller is offering two nearby lots at 1206 S. Linwood and 1218 S. Linwood, providing a rare chance to purchase multiple parcels within close proximity. Buyers can: Purchase individually Combine lots for expanded development Create a small portfolio of buildable properties Whether you're a builder, investor, or future homeowner, this is a chance to secure land with flexibility and long-term upside.

Build-Ready Lot at 1218 S. Linwood – Flexible Investment Opportunity Near Haynie’s Corner Take advantage of this residential lot at 1218 S. Linwood, ideally situated in a centrally located Evansville neighborhood just minutes from the energy and growth of the Haynie’s Corner Arts District. Whether you're looking to build a primary residence, rental property, or spec home, this lot offers a strong opportunity in an area seeing continued revitalization and demand. Convenient central location. Established surroundings. Close to restaurants, arts, and local amenities Expanded Opportunity Available: This property is one of three nearby lots currently on the market, including 1206 S. Linwood and 1213 S. Evans—each available as separate listings. Consider the possibilities: Build on one lot and hold the others Secure multiple parcels for a larger project Develop multiple income-producing properties Opportunities like this, multiple lots in close proximity with flexible purchasing options, are increasingly hard to find.

Prime Build Opportunity at 1206 S. Linwood – Single Lot or Multi-Lot Investment Near Haynie’s Corner Don’t miss this opportunity to own a residential lot at 1206 S. Linwood, ideally located in a centrally positioned Evansville neighborhood just minutes from the vibrant Haynie’s Corner Arts District. This lot is perfect for building a custom home, rental property, or investment project, with convenient access to both the east and west sides of town. Established neighborhood. Central location. Close to dining, arts, and entertainment This is a Rare Investment Opportunity: This property is part of a unique multi-lot offering, with two additional nearby parcels also available at 1218 S. Linwood and 1213 S. Evans (each listed separately). Buyers have the flexibility to: Purchase this lot individually Combine multiple parcels for a larger build Develop multiple homes or income-producing properties Opportunities to secure multiple lots in close proximity are increasingly rare. This an excellent option for builders, investors, or anyone looking to maximize potential in a growing area.