Multifamily

Rising Sun, IN Multifamily Properties for Sale

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Rising Sun Multifamily Investment Opportunity
Updated: Apr 29
Rising Sun Multifamily Investment Opportunity

321 2nd Street, Rising Sun, IN 47040

$124,900
1,545 sqft 0.14 AC lot
Multi‑family home with both upper and lower units in Rising Sun, Indiana
Lower unit is currently rented, providing immediate rental income (lease details available upon request)
Fireplace included
Fenced‑in yard
Public water and public sewer
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Two-Unit Residential Income Duplex
Updated: Dec 25, 2024
Two-Unit Residential Income Duplex

321 2nd Street, Rising Sun, IN 47040

$129,900
1,470 sqft
Duplex with two units—first‑floor unit is occupied by a long‑term tenant and the second‑floor unit is vacant
Owner‑paid utilities include water and trash (approx. $75/month); tenant covers gas/electric
Sold as‑is
Year built: 1900; two‑level property
Metal roof; vinyl windows
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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 18 Potential Opportunities for your consideration. Besides 2 Active listings in Rising Sun, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

Duplex with Private Deck Access
Duplex with Private Deck Access

7018 Sherman Drive, Aurora, IN 47001

$349,900
2,208 sqft 0.35 AC lot

Duplex with two 2-bedroom units; one is month-to-month rented and the other is vacant and remodeled for immediate occupancy.

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Apartment Townhomes with Private Patios
Apartment Townhomes with Private Patios

7402 Shenandoah Drive, Florence, KY 41042

$1,000,000
7,928 sqft 1.35 AC lot

8 townhome units with private patios and washer/dryer hookups; tenants pay all utilities and off-street parking is included.

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Duplex Income Property Opportunity
Duplex Income Property Opportunity

206 4th Street, Aurora, IN 47001

$179,900
2,304 sqft 0.09 AC lot

Two fully rented units with independent living setups make this duplex a straightforward downtown income play.

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8-Unit Inn Property
8-Unit Inn Property

8318 Dixie Hwy, Florence, KY 41042

Contact for pricing

Eight units operated under week-to-week rental agreements with no current vacancies; showings require 3 days' notice.

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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.

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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Surveyed Hunting and Development Land
Surveyed Hunting and Development Land

400 Keith Whitley Blvd., Sandy Hook, KY 41171

$199,900
75.00 AC lot

Approximately 75 surveyed acres offering a mix of city-limit and outside-city development flexibility.

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Surveyed Development Land Parcel
Surveyed Development Land Parcel

400 Keith Whitley Blvd., Sandy Hook, KY 41171

$199,900
75.00 AC lot

Surveyed acreage with city-limit and out-of-city portions, suited for a variety of residential and mixed-use concepts.

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Campton, KY Land For Sale
Campton, KY Land For Sale

Lower HollerTop Road lot: 31, Campton, KY 41301

$35,000
2.35 AC lot

2.35 acre lot near Red River Gorge.

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Off-Market Properties in Rising Sun, IN

Consider similar Off-Market properties in Rising Sun, 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.

420 Poplar St
MOBILE HOME PARK, TRAILER PARK

420 Poplar St, Rising Sun, IN 47040-1270

Value Estimation by Request
0.29 AC lot
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923 State Rte 262
MOBILE HOME PARK, TRAILER PARK

923 State Rte 262, Rising Sun, IN 47040-8831

Value Estimation by Request
2.17 AC lot
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515 4th St
MOBILE HOME PARK, TRAILER PARK

515 4th St, Rising Sun, IN 47040-1093

Value Estimation by Request
0.66 AC lot
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5th St
MOBILE HOME PARK, TRAILER PARK

5th St, Rising Sun, IN 47040

Value Estimation by Request
1.06 AC lot
View details
1328 Fairground Rd
MOBILE HOME PARK, TRAILER PARK

1328 Fairground Rd, Rising Sun, IN 47040-8301

Value Estimation by Request
3.18 AC lot
View details
Bellview Ln
CAMPGROUND, RV PARK

Bellview Ln, Rising Sun, IN 47040

Value Estimation by Request
1,190 sqft 1.09 AC lot
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Bellview Ln
CAMPGROUND, RV PARK

Bellview Ln, Rising Sun, IN 47040

Value Estimation by Request
9.42 AC lot
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1343 Bellview Ln
CAMPGROUND, RV PARK

1343 Bellview Ln, Rising Sun, IN 47040-9401

Value Estimation by Request
8.78 AC lot
View details

Rising Sun, IN Multifamily Properties Market Trends and Statistics

Explore 10 multifamily properties for sale in Rising Sun, IN on our real estate platform. These investment opportunities span a total of 3,015 square feet of properties for sale, with an estimated market value of $254,800.

Sale prices for multifamily properties in Rising Sun, IN start at $124,900, averaging $127,400, and reaching up to $129,900 — 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

Duplexes 2

Demographics Overview

Population 5,408
Population Growth (5Y) +7.6%
Median Household Income $68,865
College Educated 22.4%

High-Yield Neighborhoods for Investment

Identify Rising Sun submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
47040 $124.9K

Taxes & Financing

Tax Rate (average for all types) 1.98%
Property Tax per SF $26.98 per SF
Average Loan-to-Value 65.0%

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