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Brick Apartment Buildings With Commercial Space
For Sale
$329,900

104-114 1/2 E Washington Street, Sullivan, IN 47882

MULTI-FAMILY, Sullivan, IN

Property SizeContact for details
Days on Market97

Property Features for 104-114 1/2 E Washington Street

General Information

Property type Residential Multi Family
Property subtype Other
Exterior features Paved Street
Elementary school Sullivan Elem
Middle school Sullivan MS
High school Sullivan
Directions Across from Post Office
Subdivision Sullivan County
Standard status Active
APN 77-07-34-222-014.000-012
Listing Agency: REMAX R.E.A. · RE/MAX International
Listed By: Bobbi Burns · License #RB14029244
Added: Jun 22 Changed: Sep 24 Last Checked: Sep 26 at 10:06AM
MLS# 109710

Copyright © 2026 Terre Haute Area 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.

Investment Insights

Based on property information with market context.

This brick property at 104-114 1/2 E Washington Street includes 16 residential apartment units and three commercial spaces on the main level, providing 19 income-producing units in total. The buildings require rehabilitation, offering an opportunity to restore the improvements for continued residential and commercial use.

The property sits near the square in Sullivan, directly across from the post office. It is served by a paved street, and the curbs and sidewalks along the E Washington side were recently updated. The combination of apartment units, street-level commercial space, and a central Sullivan location creates a flexible multifamily asset with mixed-use components.

Key Highlights

  • 16 residential apartment units
  • Three commercial spaces on the main level
  • 19 income‑producing units in total

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage HVAC Service Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16
Residential units

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby

Demographics for 47882, IN

8,487
Population
4,017
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
95%
High-School Grad
141.8 sq mi
ZIP Area
60
Density / Sq Mi
$53,522
Median Household Income
$34,916
Median Earnings
$846
Median Rent
$142,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick buildings combine residential apartments with commercial spaces along a paved street near Sullivan’s central square.
Where is this apartment building located?
The property is located at 104-114 1/2 E Washington Street Sullivan, IN.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 16 residential apartment units; Three commercial spaces on the main level; 19 income‑producing units in total
More about this property
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