Multifamily

Carthage, IN Multifamily Properties for Sale

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Knightstown, IN Charlottesville, IN Greenfield, IN Arlington, IN Gwynneville, IN Morristown, IN Rushville, IN Spiceland, IN
Ranch-Style Apartment Buildings
Updated: Dec 8, 2025
Ranch-Style Apartment Buildings

308 Winters Way, Carthage, IN 46115

$1,400,000
0.31 AC lot
Two‑bedroom, one‑bath units measuring 798 square feet
Duplex properties built in 1988
Ranch‑style construction with vinyl siding and shingle roofs
Natural‑gas forced‑air heating and central air conditioning
Leased and operating residential properties
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Carthage, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Duplex With Attached Guest Suite
Duplex With Attached Guest Suite

130 E Broad Street, Spiceland, IN 47385

$249,900
1,800 sqft 0.50 AC lot

Flexible ranch-style layout includes a separate living area, kitchen, bedroom, and full bath.

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Updated Duplex with Guest Suite
Updated Duplex with Guest Suite

130 E Broad St, Spiceland, IN 47385

$269,900
1,800 sqft

Flexible configuration supports multigenerational living, guests, home office use, or potential rental income.

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Four-Unit Apartment Building
Four-Unit Apartment Building

227 E Pine Street, Knightstown, IN 46148

$200,000
0.26 AC lot

Residents cover their own utility costs, and shared laundry facilities are located in the basement.

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4-Unit Quadplex
4-Unit Quadplex

227 E Pine Street, Knightstown, IN 46148

$200,000

Four residences are leased, with tenants responsible for utilities.

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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

Apartment buildings 1
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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