Occupied Duplex Income
221 Jackson St Sullivan, IN 47885
221 Jackson St, Sullivan, IN, 47885
$135,500
For Sale
$135,500
Residential Multi Family, Other - Sullivan, IN
Property Size2,239 SF
Lot Size0.20 Acres
Price / SF$60.52
Days on Market59
Property Features for 221 Jackson St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Standard status
- Active
- Size
- 2,239 SF
- Lot size
- 0.20 Acres
Building Details
- Year built
- 1915
- Architectural style
- Other
Listing Agency
NextHome Real Estate Connections
(812) 230-5448
2924 Wabash Ave., IN
Listed by
Tracey Symon · License ##RB14039503,PersonLicenseNumber
(812) 230-5448
Added: May 21 Checked: Jul 18 at 8:06 am
MLS# 109435
Listing URL
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Investment Insights
Based on property information with market context.
This duplex includes two residential units that are both currently occupied by established tenants. The property provides immediate rental income, with Unit 1 and Unit 2 already producing monthly rent.
The owner currently covers water, sewer, and lawn care. Property size is listed at 2,239 square feet on a 0.2-acre lot.
Offered for sale as an income-producing residential multifamily property, the current operating results show positive net income before debt service, supported by the ongoing leases in place.
The owner currently covers water, sewer, and lawn care. Property size is listed at 2,239 square feet on a 0.2-acre lot.
Offered for sale as an income-producing residential multifamily property, the current operating results show positive net income before debt service, supported by the ongoing leases in place.
Key Highlights
- Duplex built in 1915 with both units currently occupied by established tenants.
- Unit 1 rents for $740/month and Unit 2 rents for $725/month.
- $17,580 annual gross income based on current rents.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two-unit duplex with both units currently occupied, generating established rental income.
Where is this duplex located?
The property is located at 221 Jackson St Sullivan, IN.
What is the asking price?
The asking price for this property is $135,500.
What are key features of this property?
This property features: Duplex built in 1915 with both units currently occupied by established tenants.; Unit 1 rents for $740/month and Unit 2 rents for $725/month.; $17,580 annual gross income based on current rents.
