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    Sullivan, IN Duplexes for Sale

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    Terre Haute, IN Dennison, IL Riley, IN
    Income-Generating Duplex in Sullivan, Indiana
    $135,500
    2,239 SF
    Income-Generating Duplex in Sullivan, Indiana

    221 Jackson St, Sullivan, IN 47885

    Duplex with tenants, generating $17,580 annual income.
    • Immediate cash flow with both units occupied by established tenants.
    • Generates $17,580 in annual gross income.
    • Current cap rate of 5.46% at the list price of $135,500.
    • Positive NOI of $617/month before debt service.
    • Value‑add cap rate potential of 8.63% as leases renew.
    Updated: May 21
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    Mixed-Use Building with Retail and Apartments
    $320,000
    0.24 Acres
    Mixed-Use Building with Retail and Apartments

    16-18-20 W Washington Street, Sullivan, IN 47882

    Three street-level retail suites with two leased apartments above, plus unfinished upper space ready for conversion.
    • Mixed‑use building with 3 street‑level retail/commercial suites; 2 suites are currently occupied
    • Two leased apartments above retail: one 3‑bedroom, 2‑bath unit and one 1‑bedroom, 1‑bath unit
    • Nearly 4,000 SF of unfinished upper‑level space in early conversion to add potential additional apartments
    • Central air conditioning and forced‑air heating with natural gas
    • Handicap‑accessible features including an accessible approach with ramp and handicap restroom
    Updated: Jun 22
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Sullivan, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    New Duplexes in Jasonville, IN
    $345,000
    3,000 SF
    New Duplexes in Jasonville, IN

    Two new duplexes built in 2024, fully leased.

    737 W Burr Oak Street, Jasonville, IN 47438

    View details
    Duplex with Upstairs Loft
    $575,000
    2,145 SF
    Duplex with Upstairs Loft

    Two properties are sold together, including a duplex with onsite parking and a storage shed.

    920 N Madison Street, Bloomington, IN 47404

    View details
    Duplex in Terre Haute, IN
    $179,900
    Duplex in Terre Haute, IN

    Duplex for sale in Terre Haute, Indiana, 47802.

    665 Seabury Avenue, Terre Haute, IN 47802

    View details
    Bloomington Duplex on 5 Acres
    $375,000
    2,310 SF
    Bloomington Duplex on 5 Acres

    Duplex in Bloomington, Indiana, featuring 2310 square feet on 5 acres.

    3022 N Smith Pike Street, Bloomington, IN 47404

    View details

    Sullivan, IN Duplexes Market Trends and Statistics

    Explore 2 duplexes for sale in Sullivan, IN on our real estate platform. These investment opportunities span a total of 2,239 square feet of properties for sale, with an estimated market value of $135,500.

    Sale prices for duplexes in Sullivan, IN start at $135,500, averaging $135,500, and reaching up to $135,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Duplexes 2

    Demographics Overview

    Population 8,494
    Population Growth (5Y) +9.1%
    Median Household Income $53,522
    College Educated 12.4%

    High-Yield Neighborhoods for Investment

    Identify Sullivan submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Sullivan $135.5K
    West Terre Haute $135.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.60%
    Property Tax per SF $41.34 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sullivan County

    New Delisted

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    Most Searched ZIP Codes in Sullivan, IN

    • 47882
    • 47885

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