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    Carthage, IN
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    Carthage, IN Multifamily Properties for Sale

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    Five-Duplex Portfolio
    Updated: Dec 8, 2025
    Five-Duplex Portfolio

    308 Winters Way, Carthage, IN 46115

    $1,400,000
    0.31 AC lot
    Portfolio of 5 duplexes in Carthage, IN with 18 total units
    Each unit offers 2 bedrooms, 1 full bathroom, and 798 sqft
    Average rent is $800 per unit with units described as leased and operating
    Package price is $1,400,000 total; listed at $155,555 per duplex ($77,777 per unit)
    All duplexes built in 1988 with vinyl siding and shingle roof
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Carthage, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Income Property
    Residential Income Property

    228 S MADISON ST, Knightstown, IN 46148

    $120,000
    3,820 sqft

    Residential income property totaling 3,820 SF, with a recorded date of 02/14/2005.

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    Two-Unit Duplex Income Property
    Two-Unit Duplex Income Property

    104 E North Street, Greenfield, IN 46140

    $120,000
    0.10 AC lot

    Two-unit duplex offers tenant-occupied Unit A and a smaller improved Unit B needing light finishing touches.

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    Four-Unit Residential Income Building
    Four-Unit Residential Income Building

    36 S Jefferson Street, Knightstown, IN 46148

    $270,000
    0.11 AC lot

    Four one-bedroom, one-bath apartments provide a straightforward residential income setup for investors and operators.

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    Mixed-Use Portfolio on US Highway
    Mixed-Use Portfolio on US Highway

    7183 W US Hwy 40, Greenfield, IN 46140

    $3,990,000
    10,608 sqft 11.06 AC lot

    Mixed-use portfolio on 11.06 acres along US Highway 40.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Prime Land Off US HWY
    Prime Land Off US HWY

    Briar Creek lot: #1, Lawrenceburg, KY 40342

    $345,500
    2.27 AC lot

    2.27 acres with excellent visibility and easy access.

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    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

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    Sonora, KY Residential Land
    Sonora, KY Residential Land

    Silver Mine Road lot: 6, Sonora, KY 42776

    $63,500
    3.03 AC lot

    3.03 acre residential tract in Sonora, Kentucky.

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    Residential Land in Mount Gilead
    Residential Land in Mount Gilead

    7326 State Route 19, Mount Gilead, OH 43338

    Contact for pricing
    0.40 AC lot

    Land available in Mount Gilead with lake amenities.

    View details

    Carthage, IN Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Carthage, IN on our real estate platform.

    Sale prices for multifamily properties in Carthage, IN average $1,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 1,512
    Population Growth (5Y) -19.3%
    Median Household Income $49,464
    College Educated 19.8%

    High-Yield Neighborhoods for Investment

    Identify Carthage submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46115 $1.4M

    Taxes & Financing

    Tax Rate (average for all types) 2.49%
    Property Tax per SF $30.39 per SF
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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