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Two-Unit Duplex with Occupied Units

Sullivan, IN 47885 Sullivan, IN 47885

New
Sullivan, IN, 47885
$135,500
For Sale
$135,500

SINGLE_FAMILY - Sullivan, IN

Property Size2,239 SF
Lot Size0.20 Acres
Price / SF$60.52
Days on Market6

Property Features

General Information

Property type
Residential
Property subtype
Duplex
Bedrooms
5
Bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 5
Standard status
Active
Size
2,239 SF
Lot size
0.20 Acres

Building Details

Year built
1915
Listing Agency NextHome Real Estate Connections
2924 Wabash Ave. Suite A, IN
Listed by Tracey Symon · License ##RB14039503,PersonLicenseNumber
Added: Jul 16 Updated: Jul 20 at 4:00 pm Checked: Jul 21 at 5:06 am
MLS# 109435

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Investment Insights

Based on property information with market context.

This two-unit duplex presents a straightforward income setup with both units currently occupied by established tenants. The property is configured as two separate residential units, providing immediate occupancy for an investor seeking a turn-key, income-producing asset. The owner also covers water, sewer, and lawn care, which helps define the property’s current operating expense structure.

Located in Sullivan, Indiana 47885, the property sits on a 0.2-acre lot and totals 2,239 square feet. The current arrangement includes ongoing tenant occupancy, while the owner-paid services offer a clear, practical area to review ongoing costs and improve overall performance over time.

Key Highlights

  • 1915‑built duplex with five bedrooms across both units
  • Both units currently occupied by established tenants
  • Unit rents: $740/month (Unit 1) and $725/month (Unit 2)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Duplex in Sullivan with two occupied units and owner-paid water, sewer, and lawn care.
Where is this duplex located?
The property is located at 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: 1915‑built duplex with five bedrooms across both units; Both units currently occupied by established tenants; Unit rents: $740/month (Unit 1) and $725/month (Unit 2)
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