Multifamily

Sullivan, IN Multifamily Properties for Sale

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Terre Haute, IN Farmersburg, IN Pimento, IN Dennison, IL Riley, IN West Terre Haute, IN Shelburn, IN Cory, IN
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
Updated: May 21
Residential Income Duplex

221 E Jackson Street, Sullivan, IN 47882

$129,900
Home built in 1915
Vinyl floors and carpet throughout
Electric heating with window and wall/window A/C units
Kitchen appliances include a refrigerator and electric range/oven
Laminate countertops and ceiling fan(s)
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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 13 Potential Opportunities for your consideration. Besides 2 Active listings in Sullivan, 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.

Nine-Year-Old Duplex with Adjacent Lot
Nine-Year-Old Duplex with Adjacent Lot

750 N Main Street, Linton, IN 47441

$435,000
2,310 sqft 0.67 AC lot

Two 2-bedroom units with attached garages plus a detached two-car and adjacent lot for expansion.

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Income Duplex with Extra Lot
Income Duplex with Extra Lot

750 North Main Street, Linton, IN 47441

$435,000
2,310 sqft

Each side offers 2 bedrooms and 1.5 baths with attached garages, plus a detached two-car garage and an included adjacent lot.

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Multifamily Investment Property
Multifamily Investment Property

900 E Barbara Lane, Terre Haute, IN 47802

$184,900

For-sale multifamily residential income property located at 900 E Barbara Lane in Terre Haute, Indiana.

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Income-Restricted Multifamily Community
Income-Restricted Multifamily Community

2915 Arleth St, Terre Haute, IN 47802

Contact for pricing

79-unit multifamily property built in 2010, with income restrictions extending through 2040.

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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.

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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Grand Rivers Land Opportunity
Grand Rivers Land Opportunity

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

Contact for pricing
2.84 AC lot

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

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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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Wooded Residential Lots in Driftwood Estates
Wooded Residential Lots in Driftwood Estates

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

$40,000
2.00 AC lot

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

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Off-Market Properties in Sullivan, IN

Consider similar Off-Market properties in Sullivan, 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.

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
View details

Sullivan, IN Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Sullivan, IN on our real estate platform.

Sale prices for multifamily properties in Sullivan, IN start at $129,900, averaging $219,950, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 3
Apartment buildings 1

Demographics Overview

Population 8,494
Population Growth (5Y) +9.1%
Median Household Income $53,522
College Educated 12.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
West Terre Haute $135.5K
Sullivan $325K

Taxes & Financing

Tax Rate (average for all types) 2.60%
Property Tax per SF $41.34 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sullivan County

New Delisted

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