Knightstown, IN Multifamily properties for sale

Updated: May 9, 2025

Historic-Character Mixed-Use Building

28 N Washington Street, Knightstown, IN 47362

$325,000

7,872 sqft 0.10 AC lot

Five‑unit mixed‑use building with 7,872 square feet on 0.103 acres
Two‑story property built in 1900 with updated plumbing and electrical systems
Unit 28B includes a fully renovated two‑bedroom apartment
Unit 26 offers a lobby, three private offices, and washer/dryer connection
Second‑floor Unit 28A features 14' ceilings and two large/open rooms

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Updated: Aug 18

Five-Unit Mixed-Use Building

28 N Washington St, Knightstown, IN 46148

$325,000

7,872 sqft

7,872‑square‑foot mixed‑use building with five units
Original hardwood floors, tall ceilings, and exposed brick walls
Unit 24 includes showroom, kitchenette, bathroom, and storage
Unit 26 features a lobby, three private offices, and washer/dryer connections
Unit 28A offers 14‑foot ceilings and two large open rooms

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Four-Unit Rental Property

116 W Pine St, Knightstown, IN 46148

$119,900

Four residential units feature individual living spaces, kitchens, baths, and laundry hookups.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 3 Active listings in Knightstown, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Duplex With Attached Guest Suite

130 E Broad Street, Spiceland, IN 47385

$274,900

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

130 E Broad St, Spiceland, IN 47385

$274,900

1,800 sqft

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

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Two-Unit Duplex with Detached Garages

1618 Plymouth Dr, New Castle, IN 47362

$229,900

9,148 sqft

Separate-entry units offer private parking, kitchen space, and laundry hookups.

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Two-Unit Duplex with Detached Garages

1618 Plymouth Drive, New Castle, IN 47362

$229,900

0.21 AC lot

Estimated value:

$245,000

3,185 sqft 0.19 AC lot

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Knightstown, IN Multifamily Properties Market Trends and Statistics

Explore 9 multifamily properties for sale in Knightstown, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,744 square feet of properties for sale, with an estimated market value of $769,900.

Sale prices for multifamily properties in Knightstown, IN start at $119,900, averaging $256,633, and reaching up to $325,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Knightstown - 46148	$237.5K
New Castle - 47362	$325K

Neighborhood

Average Price

Knightstown - 46148

$237.5K

New Castle - 47362

$325K