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Two-Unit Residential Income Duplex

321 2nd Street Rising Sun, IN 47040

321 2nd Street, Rising Sun, IN, 47040
$129,900
For Sale
$129,900

Duplex with one occupied unit and one vacant unit, sold as-is with utilities split between owner and tenant.

Property Size1,470 SF
Price / SF$88.37
Days on Market573

Property Features for 321 2nd Street

General Information

Standard status
Active
Size
1,470 SF
Property subtype
Multi Family / Multi Fam 2-4 units

Building Details

Year Built
1900
Listing agency Huff Realty Indiana
Listed by Alexis Jent · License #RB23001608
Source Compass
Added: Dec 25, 2024 Updated: Jul 20 at 7:08PM Checked: Jul 21 at 5:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Huff Realty Indiana


Investment Insights

Based on property information with market context.

This duplex offers a two-unit residential income setup. The first-floor unit is currently occupied by a long-term tenant, while the second-floor unit is vacant and available for occupancy. The property is being sold as-is.

The owner pays water and trash, estimated at approximately $75 per month, and the tenant covers gas and electric for their portion of the utilities.

At listing, the property is described as a duplex within Rising Sun and includes both occupied and vacant unit space, providing an immediate income component alongside an additional unit ready for use.

Key Highlights

  • Duplex with two units—first‑floor unit is occupied by a long‑term tenant and the second‑floor unit is vacant
  • Owner‑paid utilities include water and trash (approx. $75/month); tenant covers gas/electric
  • Sold as‑is

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Catering Service Computer & Electronic Repair Veterinary Clinic (Bike/Boat/Book/etc) Store Spa & Massage Center Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with one occupied unit and one vacant unit, sold as-is with utilities split between owner and tenant.
Where is this duplex located?
The property is located at 321 2nd Street Rising Sun, IN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Duplex with two units—first‑floor unit is occupied by a long‑term tenant and the second‑floor unit is vacant; Owner‑paid utilities include water and trash (approx. $75/month); tenant covers gas/electric; Sold as‑is
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