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    Ellettsville, IN
    Multifamily

    Ellettsville, IN Multifamily Properties for Sale

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    Bloomington, IN Spencer, IN Gosport, IN
    Redevelopment Land with State Road Frontage
    Updated: Oct 15, 2025
    Redevelopment Land with State Road Frontage

    5665 W State Road 46, Ellettsville, IN 47404

    $1,495,000
    5.61 AC lot
    +/- 5.62 acres with redevelopment potential
    Current use: mobile home park
    Excellent frontage and visibility on State Road 46
    Convenient access to downtown Ellettsville and Bloomington
    Back of the property is in a flood zone
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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 10 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, 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.

    Three-Duplex Multifamily with Carports
    Three-Duplex Multifamily with Carports

    100-106 S Yancy Lane, Bloomington, IN 47404

    $899,000
    1.07 AC lot

    Six-unit multifamily with four vacant 3-bedroom units and one-car carports, plus potential for an additional lot.

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    Entertainment Restaurant and Mini Golf
    Entertainment Restaurant and Mini Golf

    4747 W State Road 46, Bloomington, IN 47404

    $1,500,000
    2.81 AC lot

    Fully renovated entertainment property with mini golf, bar/restaurant operations, an outdoor live stage, and a short-term rental apartment.

    View details
    Renovated Townhome Community Near IU
    Renovated Townhome Community Near IU

    1136 W 17th St, Bloomington, IN 47404

    $4,500,000

    20-unit townhome community near Indiana University with significant capital improvements.

    View details
    Duplex Income Property with 5-Acre Lot
    Duplex Income Property with 5-Acre Lot

    3022 N Smith Pike Street, Bloomington, IN 47404

    $375,000
    2,310 sqft · 5.00 AC lot

    Residential income property on a 5-acre lot in Bloomington, Indiana.

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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.

    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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    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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    Vacant Land Near Glendale
    Vacant Land Near Glendale

    Tract 2 Bell Cemetery Road, Summersville, KY 42782

    $75,500
    7.00 AC lot

    7 acres of vacant land with utilities near Glendale, KY.

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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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    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

    5717 Delap Rd, Ellettsville, IN 47429-9654

    Value Estimation by Request
    12.98 AC lot
    View details

    Ellettsville, IN Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Ellettsville, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,495,000.

    Sale prices for multifamily properties in Ellettsville, IN start at $1,495,000, averaging $1,495,000, and reaching up to $1,495,000 — 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

    Mobile home & RV parks 1

    Demographics Overview

    Population 7,402
    Population Growth (5Y) -16.1%
    Median Household Income $88,625
    College Educated 44.7%

    Taxes & Financing

    Tax Rate (average for all types) 1.10%
    Property Tax per SF $17.83 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Monroe County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Monroe County

    Residential Income

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