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    Salem, IN Multifamily Properties for Sale

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    Pekin, IN Borden, IN Scottsburg, IN
    Mixed-Use Office & Residential Building
    $250,000
    4,388 SF
    Mixed-Use Office & Residential Building

    106 S Main Street, Salem, IN 47167

    Offers office space plus two apartments, with additional basement office rental area for flexible income use.
    • Historic commercial building built in 1910, located just off the south side of the Historic Salem Square.
    • Main level includes a rear 1 bed/1 bath apartment with a separate entrance from the back.
    • Main level front offers office space with a full bathroom.
    • Upstairs apartment features 3 bedrooms and 2 bathrooms.
    • Basement includes 27 x 15.8 office rental space for additional income.
    Updated: Jun 8
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Versatile Buildings on Highway 64
    $345,000
    3.60 Acres
    Versatile Buildings on Highway 64

    Three buildings with retail, storage, shop, and apartment potential.

    1466 And 1480 Highway 64 NW, Ramsey, IN 47166

    View details
    Mixed-Use Building with Extra Lot
    $125,000
    2.90 Acres
    Mixed-Use Building with Extra Lot

    Solid building with retail space and apartments on 2.9 acres.

    Highway 64 Nw, Ramsey, IN 47166

    View details
    Land Near I-65, Memphis
    $1,430,000
    Land Near I-65, Memphis

    Land suitable for multifamily, retail, or restaurant development.

    Memphis-Bluelick, Memphis, IN 47143

    View details
    Land Near I-65, Memphis, IN
    $690,000
    Land Near I-65, Memphis, IN

    Prime land ideal for various commercial and residential developments.

    Memphis-Bluelick Road, Memphis, IN 47143

    View details

    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
    $345,500
    2.27 Acres
    Prime Land Off US HWY

    2.27 acres with excellent visibility and easy access.

    Briar Creek lot: #1, Lawrenceburg, KY 40342

    View details
    Build-Ready Double Lot Pair
    Contact for pricing
    0.41 Acres
    Build-Ready Double Lot Pair

    Two adjoining, level lots with utilities available at the road in a lake-area subdivision.

    461 & 462 Leisure Lane, Scottsville, KY 42164

    View details
    Land Near Lake Cumberland
    $75,000
    3.04 Acres
    Land Near Lake Cumberland

    3.04 acres near Lee's Ford Marina.

    311 Willow Oaks Dr, Nancy, KY 42544

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    Land Near Lake Cumberland
    $75,000
    3.04 Acres
    Land Near Lake Cumberland

    3.04 acres near Lee's Ford Marina.

    311 Willow Oak, Nancy, KY 42544

    View details

    Off-Market Properties in Salem, IN

    Consider similar Off-Market properties in Salem, 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.

    701 Etzler Dr
    Multifamily properties
    28,688 SF Lot: 1.89 Acres
    Value Estimation by Request

    701 Etzler Dr, Salem, IN 47167

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    Sunset Oaks N Beeline Rd Side Of
    MOBILE HOME PARK, TRAILER PARK
    Lot: 10.88 Acres
    Value Estimation by Request

    Sunset Oaks N Beeline Rd Side Of, Salem, IN 47167

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    Wsidevillage N Side Of W State Rd 60th Side Of
    MOBILE HOME PARK, TRAILER PARK
    Lot: 9.50 Acres
    Value Estimation by Request

    Wsidevillage N Side Of W State Rd 60th Side Of, Salem, IN 47167

    View details

    Salem, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 4 multifamily properties for sale in Salem, IN on our real estate platform. These investment opportunities span a total of 4,388 square feet of properties for sale, with an estimated market value of $250,000.

    Sale prices for multifamily properties in Salem, IN start at $250,000, averaging $250,000, and reaching up to $250,000 — 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

    Duplexes 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) +6.2%
    Median Household Income $57,697
    College Educated 18.6%

    Taxes & Financing

    Tax Rate (average for all types) 2.65%
    Property Tax per SF $46.11 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

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