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Rising Sun Multifamily Investment Opportunity

321 2nd Street Rising Sun, IN 47040

321 2nd Street, Rising Sun, IN, 47040
$124,900
For Sale
$124,900

MULTI_FAMILY - Other - Rising Sun, IN

Property Size1,545 SF
Lot Size0.14 Acres
Price / SF$80.84
Days on Market80

Property Features for 321 2nd Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 4, Basement, Bedroom 2
Parking features
On Street
Window features
Wood Frames, Vinyl Frames
Fireplace
1
Standard status
Active
APN
58-06-02-002-022.000-004
Size
1,545 SF
Lot size
0.14 Acres

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Natural Gas, Space Heater
Cooling system
Window Unit(s)
Water source
Public

Building Details

Year built
1900
Floors in Building
2
Number of units
2
Building materials
Vinyl Siding
Roof type
Metal
Architectural style
Other
Listing Agency Keller Williams Realty Services
118 Walnut Street, Florence, IN
Listed by Jeff McGownd
Added: Apr 29 Checked: Jul 17 at 11:06 pm
MLS# 207336 Listing URL

Copyright © 2026 Southeastern Indiana Board 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 multi-family property is located in Rising Sun, Indiana, and features upper and lower units. The lower unit is currently rented, offering immediate income. Lease details are available upon request. The property is located within walking distance to local amenities. Additional features include a fenced-in yard. The property size is 1545 square feet and the lot size is 0.14 acres.

Key Highlights

  • Multi‑family home with both upper and lower units in Rising Sun, Indiana
  • Lower unit is currently rented, providing immediate rental income (lease details available upon request)
  • Fireplace included

Property Analytics

Property Profile 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 - Multifamily property with income potential in Rising Sun, Indiana.
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 $124,900.
What are key features of this property?
This property features: Multi‑family home with both upper and lower units in Rising Sun, Indiana; Lower unit is currently rented, providing immediate rental income (lease details available upon request); Fireplace included
Contact an agent
More about this property
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