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    Carthage, IN Multifamily Properties for Sale

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    Knightstown, IN Greenfield, IN Arlington, IN
    Carthage Duplex Portfolio Opportunity
    $1,400,000
    798 SF
    Carthage Duplex Portfolio Opportunity

    308 Winters Way, Carthage, IN 46115

    Portfolio of five duplexes in Carthage, Indiana for sale.
    • Portfolio of five duplexes (18 units) offering immediate income and scale.
    • Turnkey investment with professional property management in place.
    • Strong cash flow with an average rent of $800 per unit.
    • High rental demand in Carthage, Indiana.
    • All units are 2‑bedroom, 1‑bathroom with 798 sqft.
    Updated: Dec 8, 2025
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    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.

    Shelbyville Duplex on Mechanic Street
    $120,000
    2,240 SF
    Shelbyville Duplex on Mechanic Street

    Duplex on a generous lot, great for investors.

    328 E Mechanic Street, Shelbyville, IN 46176

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    Greenfield Duplex: Income Opportunity
    $120,000
    0.10 Acres
    Greenfield Duplex: Income Opportunity

    Two-unit duplex in Greenfield, Indiana, with income potential.

    104 E North Street, Greenfield, IN 46140

    View details
    Expansive Duplex with Large Lot
    $79,000
    0.14 Acres
    Expansive Duplex with Large Lot

    Versatile duplex on a generous lot offers strong owner-occupant and investor potential in a residential zoning setting.

    328-330 W Mechanic Street, Shelbyville, IN 46176

    View details
    Mixed-Use Portfolio on US Highway
    $3,990,000
    10,608 SF
    Mixed-Use Portfolio on US Highway

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

    7183 W US Hwy 40, Greenfield, IN 46140

    View details

    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
    $345,500
    2.27 Acres
    Prime Land Off US HWY

    2.27 acres with excellent visibility and easy access.

    Briar Creek lot: #1, Lawrenceburg, KY 40342

    View details
    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

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    Residential Land in Mount Gilead
    Contact for pricing
    0.40 Acres
    Residential Land in Mount Gilead

    Land available in Mount Gilead with lake amenities.

    7326 State Route 19, Mount Gilead, OH 43338

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    Residential Land in Mount Gilead
    Contact for pricing
    0.40 Acres
    Residential Land in Mount Gilead

    Land for sale with lake amenities in Mount Gilead.

    7326 State Route 19, Unit 6, Lots 90,91,92, Mount Gilead, OH 43338

    View details

    Carthage, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Carthage, IN on our real estate platform. These investment opportunities span a total of 798 square feet of properties for sale, with an estimated market value of $1,400,000.

    Sale prices for multifamily properties in Carthage, IN start at $1,400,000, averaging $1,400,000, and reaching up to $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

    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 median 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 sq ft
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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