Multifamily

Spiceland, IN Multifamily Properties for Sale

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New Castle, IN Knightstown, IN Kennard, IN Shirley, IN Wilkinson, IN Carthage, IN Charlottesville, IN Greenfield, IN
Ranch Duplex Home with Guest Suite
Updated: Jun 4
Ranch Duplex Home with Guest Suite

130 E Broad Street, Spiceland, IN 47385

$274,900
1,800 sqft 0.50 AC lot
Ranch duplex‑style home with flexible bedroom/bath configurations (4BR/2BA or 3BR/1BA plus 1BR/1BA suite)
Attached 1‑bedroom, 1‑bath guest suite with its own living room, kitchen, and full bath
Brand‑new appliances plus newer HVAC system and newer water heater
Carpet and laminate flooring, fresh paint, and a rebuilt fireplace
Large garage for storage, workshop space, or parking
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Spiceland, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

1930-1932 Fairmont Avenue, New Castle, IN 47362

$189,900
1,843 sqft 0.14 AC lot

Flexible residential income property with separate living areas, off-street parking, and a fenced lot.

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Duplex with Private Detached Garages
Duplex with Private Detached Garages

1618 Plymouth Drive, New Castle, IN 47362

$229,900
0.21 AC lot

Well-maintained duplex with two bedrooms per unit, in-unit laundry hookups, and private detached garages.

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Historic-Character Mixed-Use Building
Historic-Character Mixed-Use Building

28 N Washington Street, Knightstown, IN 47362

$325,000
7,872 sqft 0.10 AC lot

Five-unit property combining renovated commercial spaces with a two-bedroom apartment and individually metered utilities.

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Five-Unit Mixed-Use Building
Five-Unit Mixed-Use Building

28 N Washington St, Knightstown, IN 46148

$325,000
7,872 sqft

Historic character pairs with updated plumbing, electrical, and individually metered gas and electric service.

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Off-Market Properties in Spiceland, IN

Consider similar Off-Market properties in Spiceland, 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.

171  St
APARTMENT HOUSE (UNDER 5 UNITS)

171 St, Spiceland, IN 47385-9777

$240,000
Estimated value
2,848 sqft 1.01 AC lot
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144  St
APARTMENT HOUSE (UNDER 5 UNITS)

144 St, Spiceland, IN 47385-9713

$240,000
Estimated value
2,640 sqft 1.18 AC lot
View details

Spiceland, IN Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Spiceland, IN on our real estate platform. These investment opportunities span a total of 1,800 square feet of properties for sale, with an estimated market value of $274,900.

Sale prices for multifamily properties in Spiceland, IN average $274,900 — 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 1

Demographics Overview

Population 1,700
Population Growth (5Y) +28.9%
Median Household Income $100,479
College Educated 43.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47385 $279.9K

Taxes & Financing

Tax Rate (average for all types) 2.18%
Property Tax per SF $46.55 per SF
Tax Rate vs County Average 0.10 pp below county avg
Average Loan-to-Value 65.0%

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