Tenant-Occupied
For Sale
$129,900
221 E Jackson Street, Sullivan, IN 47882
MULTI-FAMILY, Sullivan, IN
Property SizeContact for details
Days on Market140
Property Features for 221 E Jackson Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 1
Patio and Porch features
Porch
Interior features
Vinyl Floors, Carpet, Ceiling Fan(s), Countertops Laminate
Exterior features
Rock Driveway, Paved Street
Appliances
Refrigerator, Elec. Range/Oven
Elementary school
Sullivan Elem
Middle school
Sullivan MS
High school
Sullivan
Subdivision
Sullivan County
Standard status
Active
APN
77-07-34-224-086.000-012
Utilities
Heating system
Electric (Heating)
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1915
Listing Agency:
NEXTHOME REAL ESTATE CONNECTIONS
(812) 814-9103
Listed By:
Tracey Symon · License ##RB14039503,PersonLicenseNumber
(812) 230-5448
Added: May 21
Changed: Sep 28
Last Checked: Oct 7 at 9:06AM
MLS# 109435
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.
Built in 1915, this duplex has two rented units and a front porch. Interior features include vinyl and carpet flooring, laminate countertops, and ceiling fans. Each residence is equipped with a refrigerator and electric range/oven; heating is electric, and cooling is provided by wall or window units.
The property is at 221 E Jackson Street in Sullivan, Indiana. A rock driveway serves the building, which fronts a paved street. The reported cap rate is 5.46%, and the expense ratio is 58%.
The property is at 221 E Jackson Street in Sullivan, Indiana. A rock driveway serves the building, which fronts a paved street. The reported cap rate is 5.46%, and the expense ratio is 58%.
Key Highlights
- Two‑unit duplex; both units are rented
- Reported cap rate of 5.46%
- Reported expense ratio of 58%
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences have tenants in place, with electric heat and window or wall cooling.
Where is this duplex located?
The property is located at 221 E Jackson Street Sullivan, 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: Two‑unit duplex; both units are rented; Reported cap rate of 5.46%; Reported expense ratio of 58%
