Multifamily

Sullivan County, IN Multifamily Properties for Sale

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Occupied Duplex With Turnkey Income
Updated: Jul 16
Occupied Duplex With Turnkey Income

221 Jackson St, Sullivan, IN 47885

$129,900
2,239 sqft 0.20 AC lot
Duplex built in 1915 with 2 occupied units
Unit 1 rents for $740/month and Unit 2 rents for $725/month
Annual gross income of $17,580 at a list price of $135,500
Current cap rate of 5.46% with positive NOI of $617/month before debt service
Owner currently covers water, sewer, and lawn care; 58% expense ratio reported
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Mixed-Use Property with Retail and Apartments
Updated: Jun 22
Mixed-Use Property with Retail and Apartments

16-18-20 W Washington Street, Sullivan, IN 47882

$310,000
0.24 AC lot
Mixed‑use building with 3 street‑level retail/commercial suites; 2 are currently occupied and 1 is available for a new tenant or owner‑occupant
Two leased apartments above the commercial space: one 3‑bedroom, 2‑bath unit and one 1‑bedroom, 1‑bath unit
Nearly 4,000 SF of unfinished upper‑level space in early conversion for potential additional apartments
Central air cooling and forced‑air natural gas heating
Accessible features include an accessible approach with ramp and a handicap restroom
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Residential Income Duplex
Residential Income Duplex

221 E Jackson Street, Sullivan, IN 47882

$129,900

For sale residential income duplex at 221 E Jackson Street in Sullivan, Indiana.

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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 15 Potential Opportunities for your consideration. Besides 3 Active listings in Sullivan County, IN, we suggest exploring several alternatives: similar 8 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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.

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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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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Commercial Land Development Parcel
Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000
2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

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3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Off-Market Properties in Sullivan County, IN

Consider similar Off-Market properties in Sullivan County, 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.

205 Washington St
APARTMENT HOUSE (UNDER 5 UNITS)

205 Washington St, Shelburn, IN 47879-1231

Value Estimation by Request
4,165 sqft 0.48 AC lot
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105 Alexander St
APARTMENT HOUSE (UNDER 5 UNITS)

105 Alexander St, Carlisle, IN 47838-8372

Value Estimation by Request
2,064 sqft 0.13 AC lot
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19 Jackson St
APARTMENT HOUSE (UNDER 5 UNITS)

19 Jackson St, Sullivan, IN 47882-1575

$575,000
Estimated value
8,512 sqft 0.12 AC lot
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15 Jackson St
APARTMENT HOUSE (UNDER 5 UNITS)

15 Jackson St, Sullivan, IN 47882-1503

Value Estimation by Request
7,074 sqft 0.06 AC lot
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23 Jackson St
APARTMENT HOUSE (UNDER 5 UNITS)

23 Jackson St, Sullivan, IN 47882-1503

Value Estimation by Request
5,016 sqft 0.06 AC lot
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415 Sawmill Rd
MOBILE HOME PARK, TRAILER PARK

415 Sawmill Rd, Farmersburg, IN 47850-8266

Value Estimation by Request
8.00 AC lot
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Section At E Laughlin St
APARTMENT HOUSE (UNDER 5 UNITS)

Section At E Laughlin St, Dugger, IN 47848

Value Estimation by Request
1,248 sqft 1.03 AC lot
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Ham Lk Dr
MOBILE HOME PARK, TRAILER PARK

Ham Lk Dr, Dugger, IN 47848

Value Estimation by Request
6.00 AC lot
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Sullivan County, IN Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Sullivan County, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,239 square feet of properties for sale, with an estimated market value of $569,800.

Sale prices for multifamily properties in Sullivan County, IN start at $129,900, averaging $189,933, and reaching up to $310,000 — 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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