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    Sullivan County, IN Multifamily Properties for Sale

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    Indianapolis, IN Fort Wayne, IN Evansville, IN
    Income-Generating Duplex in Sullivan, Indiana
    $135,500
    2,239 SF
    Income-Generating Duplex in Sullivan, Indiana

    221 Jackson St, Sullivan, IN 47885

    Duplex with tenants, generating $17,580 annual income.
    • Immediate cash flow with both units occupied by established tenants.
    • Generates $17,580 in annual gross income.
    • Current cap rate of 5.46% at the list price of $135,500.
    • Positive NOI of $617/month before debt service.
    • Value‑add cap rate potential of 8.63% as leases renew.
    Updated: May 21
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    Downtown Sullivan Mixed-Use Property
    $330,000
    12,274 SF
    Downtown Sullivan Mixed-Use Property

    18 W Washington St, Sullivan, IN 47882

    Cash-flowing, turn-key property with commercial spaces and apartments.
    • Cash‑flowing, turn‑key property in downtown Sullivan.
    • Three commercial spaces are currently leased with established businesses.
    • Two newly remodeled and rented apartments (efficiency and 3‑bedroom/2‑bath).
    • Historical details combined with updated improvements.
    • Additional unfinished space available for another apartment.
    Updated: Nov 30, 2024
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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 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.

    Grand Rivers Land Opportunity
    Contact for pricing
    2.84 Acres
    Grand Rivers Land Opportunity

    2.84 acres near I-24 and lakes in Grand Rivers.

    L 41 & 42 Rolling Meadows Rd lot: 41 & 42, Grand Rivers, KY 42045

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    Wooded Residential Lots in Driftwood Estates
    $40,000
    2.00 Acres
    Wooded Residential Lots in Driftwood Estates

    Four wooded half-acre lots in Driftwood Estates, offering a flexible setting for camper, mobile home, or home construction.

    Driftwood Estates Lot 99, 101, 102, 139, Eddyville, KY 42038

    View details
    Marshall County Land For Sale
    Contact for pricing
    0.47 Acres
    Marshall County Land For Sale

    0.47 acre lot near KY and Barkley Lakes.

    266 Lone Valley Road, Gilbertsville, KY 42044

    View details
    Unrestricted Land Near Route 67
    $70,000
    2.10 Acres
    Unrestricted Land Near Route 67

    2.1 acres with boundless possibilities near Jerseyville and Godfrey.

    17039 Hillside Lane, Jerseyville, IL 62052

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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)
    4,165 SF Lot: 0.48 Acres
    Value Estimation by Request

    205 Washington St, Shelburn, IN 47879-1231

    View details
    105 Alexander St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,064 SF Lot: 0.13 Acres
    Value Estimation by Request

    105 Alexander St, Carlisle, IN 47838-8372

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    19 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    8,512 SF Lot: 0.12 Acres
    Estimated value
    $575,000

    19 Jackson St, Sullivan, IN 47882-1575

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    15 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,074 SF Lot: 0.06 Acres
    Value Estimation by Request

    15 Jackson St, Sullivan, IN 47882-1503

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    23 Jackson St
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,016 SF Lot: 0.06 Acres
    Value Estimation by Request

    23 Jackson St, Sullivan, IN 47882-1503

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    415 Sawmill Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 8.00 Acres
    Value Estimation by Request

    415 Sawmill Rd, Farmersburg, IN 47850-8266

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    Section At E Laughlin St
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,248 SF Lot: 1.03 Acres
    Value Estimation by Request

    Section At E Laughlin St, Dugger, IN 47848

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    Ham Lk Dr
    MOBILE HOME PARK, TRAILER PARK
    Lot: 6.00 Acres
    Value Estimation by Request

    Ham Lk Dr, Dugger, IN 47848

    View details

    Sullivan County, IN Multifamily Properties Investment Opportunities Market Analysis

    Explore 10 multifamily properties for sale in Sullivan County, IN on our real estate platform. These investment opportunities span a total of 14,513 square feet of properties for sale, with an estimated market value of $465,500.

    Sale prices for multifamily properties in Sullivan County, IN start at $135,500, averaging $232,750, and reaching up to $330,000 — 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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