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Duplex with Fenced Yard
For Sale
$120,000

321 2nd Street, Rising Sun, IN 47040

Multi Family, Rising Sun, IN

Property Size1,545 SF
Lot Size0.14 Acres
Price / SF$77.67
Days on Market179

Property Features for 321 2nd Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 4, Bathroom 2, Bedroom 2, Bathroom 1, Basement, Bedroom 1, Bedroom 3
Parking features On Street
Window features Vinyl Frames, Wood Frames
Fireplace 1
Elementary school Ohio County Elementa
High school Rising Sun High Scho
Elementary school district Rising Sun - Ohio Co
Middle school district Rising Sun - Ohio Co
High school district Rising Sun - Ohio Co
Subdivision Randolph
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), Space Heater, Natural Gas
Cooling system Window Unit(s)
Water source Public

Amenities

fenced-in yard

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: eXp Realty
Listed By: Jeff McGownd
Added: Apr 29 Changed: Oct 21 Last Checked: Oct 24 at 7:06AM
MLS# 207336

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.

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Investment Insights

Based on property information with market context.

This two-level duplex contains 1,545 square feet across upper and lower units. The lower unit is rented. The property includes four bedrooms, two bathrooms, a basement, and a fireplace, with a fenced yard on a 0.14-acre lot. Vinyl siding and a metal roof are among the exterior features; the home dates to 1900.

Heating is listed as electric, space heater, and natural gas, with window-unit cooling. Public water and sewer serve the property, and parking is on the street.

Key Highlights

  • 1,545‑square‑foot duplex with upper and lower units
  • Lower unit is currently rented
  • Four bedrooms, two bathrooms, and a basement

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

235
Businesses Nearby

Demographics for 47040, IN

5,288
Population
2,401
Households
2.2
Avg Household Size
46
Median Age
17%
College-Educated
93%
High-School Grad
64.9 sq mi
ZIP Area
81
Density / Sq Mi
$68,865
Median Household Income
$40,080
Median Earnings
$803
Median Rent
$180,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The lower residence is leased, while the upper unit provides a separate living space.
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 $120,000.
What are key features of this property?
This property features: 1,545‑square‑foot duplex with upper and lower units; Lower unit is currently rented; Four bedrooms, two bathrooms, and a basement
More about this property
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