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Ellettsville, IN Multifamily Properties for Sale

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Ellettsville Duplex: Investment Opportunity

$230,000

1,721 SF

Ellettsville Duplex: Investment Opportunity

314 W Association St, Ellettsville, IN 47429

Duplex with long-term tenants and potential for increased rental income.

Investment opportunity with solid rental history and upside potential to increase rents to market rates.
Includes two parcels totaling over 0.4 acres.
Opportunity to add a third unit or rentable storage space in the basement (subject to local regulations).
Professionally managed and well‑maintained duplex.
Long‑term tenants in place (since 2019 and 2020) with leases through 2026.

Updated: Oct 21, 2025

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Ellettsville, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

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

$395,000

2,310 SF

Bloomington Duplex on 5 Acres

Duplex in Bloomington, Indiana, featuring 2310 square feet on 5 acres.

3022 N Smith Pike St, Bloomington, IN 47404

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$525,000

5.00 Acres

Bloomington 5-Acre Multifamily Land

Prime Bloomington location, redevelopment potential.

1505 17Th St, Bloomington, IN 47404

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$232,000

0.04 Acres

Historic Mixed-Use Building in Gosport

Historic landmark with flexible space and immediate occupancy in Gosport.

31 E Main St, Gosport, IN 47433

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$232,000

0.04 Acres

Historic Bank Building with Apartments

Historic building in Gosport, Indiana, with flexible commercial/residential space.

31 E Main St, Gosport, IN 47433

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Explore Off-Market Properties in Ellettsville, IN

Consider similar Off-Market properties in Ellettsville, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

5717 Delap Rd

MOBILE HOME PARK, TRAILER PARK • 12.98 Acres

Value Estimation

$245,000

5717 Delap Rd, Ellettsville, IN 47429-9654

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Ellettsville, IN Multifamily Properties Investment Opportunities Market Analysis

Explore 2 multifamily properties for sale in Ellettsville, IN on our real estate platform. These investment opportunities span a total of 794,447 square feet of properties for sale, with an estimated market value of $1,975,000.

Prices for multifamily properties in Ellettsville, IN start at $230,000, averaging $658,333, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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Ellettsville, IN Multifamily Properties for Sale

Ellettsville Duplex: Investment Opportunity

Duplex with long-term tenants and potential for increased rental income.